Yup. I changed my fund to one that has as few US stocks as possible this spring. All the sensible ones are ones that contain different index ETFs, so I went one with as little S&P500 exposure as possible.
But this is just me and my five digits worth of euros. I can’t convince a meaningful amount of people to switch. If a million people did the same, it would be tens of billions in US stocks liquidated. It would be beautiful.
shawn1122@sh.itjust.works 5 days ago
Its not just the Western world.
America defined the new world order after world war 2.
They accrued 75% of the worlds golds reserves selling weapons to allies during WW2.
This allowed them to peg the dollar to gold under the Breton Woods system, allowing their currency to become the global reserve currency.
The rest is history.
1984@lemmy.today 5 days ago
Yeah.
I have mixed feelings about it. How would the world look if it was China or Russia that managed to do that? How would Europe look?
I mean, maybe better but I have so much western propaganda in me, that i cant judge how Russia or China would be.
bestbry@lemmy.world 4 days ago
How is it that China is not peaceful man?
1984@lemmy.today 4 days ago
I honestly dont know much about what they do these days. Maybe they are peaceful now.