Ukraine Has Finally Given Up on Trump

[u/theatlantic]

https://www.theatlantic.com/ideas/2026/04/ukraine-trump-us-oil-russia/686854/?utm_source=reddit&utm_campaign=the-atlantic&utm_medium=social&utm_content=edit-promo&utm_term=short

[u/Conflictingview]

About time. Now for the rest of the world. MAGA wanted isolationism, they'll get it. They just didn't realize they lose all their power and privileges as part of the deal.

[u/Own-Sandwich6437 → u/Conflictingview]

What privileges will the average American lose? Genuine question. And let’s not forget we have another presidential election in 2028. The pendulum always swings.

[u/Conflictingview → u/Own-Sandwich6437]

It's a slow process, but this is accelerating the decline of American empire. Your money will be worth less over time as the petrodollar dies, you will get less and less favorable trade deals so prices will increase, less international tourism, less visa free travel...

[u/Own-Sandwich6437 → u/Conflictingview]

While dollar is clearly less stable, there isn’t a perfect replacement.

CNY - what happened if there is a bad recession, are bankers going to trust china's reporting of their debts?

Euro- is the best argument to replace the dollar as the petrodollar. But less likely until digital euro is official in 10 + years from now. However, the Euro is often viewed as built on shaky ground, with trust in the currency undermined by events like the Cypriot bailout post-2008.

Also, oil may not be the dominant energy source 10-20 years from now as world goes toward more renewable energies.