this post was submitted on 21 Jan 2026
463 points (98.7% liked)

Political Memes

2103 readers
993 users here now

Non political memes: !memes@sopuli.xyz

founded 3 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] emergencyfood@sh.itjust.works 2 points 23 hours ago

Both have issues:-

  • Euro - for other countries to use the Euro, they need to have Euro stocks. For this, the EU needs to (1) run a deficit, and (2) manufacture something of value to the rest of the world. But the EU won't run a deficit, and its manufacturing sector is collapsing.
  • Yuan - China does not want rich foreigners speculating on their currency and causing financial crises, so they have limits on how much (digital) yuan foreigners can own. They do loan yuan to foreign governments, but those are usually given for specific projects like a dam or a railway line.