The big rout, the euro share fell to 22 ! Germany France wants to leave the EU, and the dollar consp

Mondo International Updated on 2024-02-01

The euro's share of payments, which once surpassed the dollar, has now suffered a major rout and is now down to 224%, which is not yet half of the share of the dollar.

Not only that, but after Brexit, the EU may slowly fall apart and become a disintegration, because there are now calls for Brexit in countries such as Germany and France, and more and more people are supporting it.

Is this a self-inflicted humiliation on the part of the EU and the euro, or is there some conspiracy on the part of the United States?

Not long ago, Germany's Weidel said in an interview with the United Kingdom that Brexit is an example for all countries, and Germany should also leave the EU.

The AfD, to which Weidel is a member, has only been in existence for 10 years, but it has now won the support of a large number of voters with the voice of the far right.

Weidel, who comes from the big party that has broad voter support, has openly declared that he wants to "push for Brexit", which seems to be not an isolated case in Europe.

France** Macron is currently facing the biggest rival Le Pen, a supporter of leaving the eurozone.

Italy's new Prime Minister Meloni, who just took office at the end of 2022, is actually a supporter of Brexit.

This shows that the current poor performance of the current rulers in the EU and many European countries has led to a large amount of discontent among the people, providing opportunities for the development of right-wing populism and its parties, and the gradual rise of right-wing forces.

Why is this happening?

We can see the current predicament of the European Union from the trend of the euro.

In October 2020, data provided by SWIFT showed that there were 3782% were paid in euros, while only 37% were paid in dollars64%。Therefore, at that time, Europe** believed that the euro surpassed the dollar and became the world's largest currency.

However, it was then pointed out by the United Kingdom** that if you look at the data on the share of international payments, payments within the euro should not be included, then the euro's share is 3852%, still below the US dollar for cross-border payments of 4171%。

Either way, that was undoubtedly the euro's highlight.

And in the latest data provided by SWIFT, in December last year, the share of euros in payments has fallen to 2241%, in contrast to the share of the US dollar's payouts** to 4754%。The share of the euro is not even half that of the dollar.

For the United States, it occupies the first place in the world, but at the same time it has been eyeing the second place. No matter which country or currency becomes second, it will be deliberately targeted by the United States.

This was the case in Japan back then, and more recently in Europe and the euro.

In recent years, the United States has deliberately promoted sanctions against Russia after the Russia-Ukraine conflict, which has led to an energy crisis in Europe. At the same time, the Fed began to raise interest rates rapidly at this time, which further led to a sharp depreciation of the euro.

As a result of these two events, the euro's share, although still in second place, is getting farther and farther away from the dollar, and it can be said that the United States has once again succeeded.

Finally, we also need to remind everyone that in last year's BRICS expansion, Argentina was originally on the list of successful applicants, but after Milley took office, it refused to join. Milley, as the new Argentine, is undoubtedly a first-class faction, he refuses to join the BRICS, and there may be the United States behind him.

Is the United States also worried about the future "BRICS"?

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