Chapter 1478 - Financial Tsunami (1/2)

Chapter 1478: Financial Tsunalobal economy, any country’s problem could not be viewed from an isolated perspective

The Xin-UA War detonated by twelve Trident nited not only the flames of war between two countries, but the countries involved in the aftermath of this war covered almost every inch of the world Politics, economy, military, and even culture were sucked into the vortex of conflict

The first thing that collapsed was the dollar, the currency of the UA, which was triggered by the fall of the Federal Reserve’s vault

Although the investors were uncertain of Celestial Trade intent with the gold, the scene of the nuclear-powered aircraft carrier stranded in front of Wall Street was enough tothe dollar desperate about the prospect of this currency

A financial tsunaan to spread from the East Coast of North Ae reserves evaporated froiven that the dollar used as the measure of value, was at the center of the stor to reduce their exposure to the dollar and their holding of treasury bonds However, when the panic began to spread in the market, it was foolish to think that one can weather the storm

In this financial tsunami, the only beneficiary seemed to be Xin

Since the twelve Trident missiles were intercepted by the Holy shi+eld, the price of the Xin New dollar in the foreign exchangeexchange rate, the Xin Reserve had to revise its quantitative easing plan for this year and next year, as it operated its ony It injected a large ae rate by opening the flood gate

However, even so, it was difficult to curtail the strengthening Xin New dollar

The widespread belief on the street was that if Xin deold from the Federal Reserve Because of this, it seemed that Xin New dollar was the only “safe-haven asset” in the financial turmoil

To quell the fla econoree Soh diplomatic channels, and of course, some tried to use military intervention

Some people frowned, some people put on a show, and some people atte that, as the two major states of the Earth Defense Alliance, both Hua and Russia chose to continue to monitor the situation without further intervention

The decline of the dollar could bring unbearable short-term pains to the econo-teremony was still more beneficial to the country It was true both froeopolitical stability

Russia shared the saht

The decline of NATO would ease the military pressure on the Russian border, and more funds could be used for econo border

However, if Russia decided to sent troops, it would be too risky After all, Moscow did not have a Holy shi+eld

Although the Earth Defense Alliance’s terms included collective defense, before Celestial Trade actively called on allies to participate in the war, they were also happy to use peaceful means to support their already do troops at the border, launching e-scale airborne landings

On the other side, NATO was also strangely silent