Now that the US sees the EU as a potential enemy, Europe has moved to ensure its financial system can never be sanctioned or shut down; something the US has done to Russia, Cuba, and Iran.
By late 2025,efforts centered on the Digital Euro,a nonprofit payment system run by the EuropeanCentral Bank (like euro cash). Due by 2030, it would offer lower fees and quickly replace much Visa and Mastercard usage.
While still in development,other solutions arrived sooner. Instant bank-to-bank payments, bypassing cards, are expanding rapidly.
In February, 130 million users across 13 national systems were linked in a Europe-wide networkbaiming to cover all of Europe. Fees are a fraction of Visa/Mastercard, though unlike the Digital Euro, it’s not yet available as a debit card; only online and on phones.
The EU also wants to decouple from US software and is preparing its own alternative to Microsoft Office.
You know why. Or you should at least be able to work it out.
While a lot of countries are rapidly losing patience as Trump becomes more unhinged, everyone is trying to soften the massive shock that is coming. It’s like 8 people sat around a Monopoly board, desperately trying to keep the rabid chimp calm who is player 9. We all suspect he’s going to flip the board and ruin the game for everyone at some point, so we’re all quietly hardening our stores, our connectivity etc so that it causes as little damage as possible.
We’re not going to prod the chimp into flipping the board when we’re still not ready to deal with the fallout.
Still, trying to make Iran the enemy is problematic.
And based on what evidence have you determined that the EU is genuinely reconstructing things behind the scenes and will actually stop being a sycophant for the US?
There’s the credit card and tech shift but I’m skeptical of the EU. There’s little historical precedent that doesn’t suggest they’d support the US (despite some badmouthing), and the German leader/head of the EU shuts down palestinian protests in the name of “freedom of speech”. Zionism.