I was ambivalent, but Knew it was the right thing.

The Euro is going to be the next dominate currency. No one nation is ever going to have a monopoly on this again. If were smart, we should leverage NAFTA and develop a single currency with Mexico, Canada and us. We could have had a strong trade union with Asia as well and then leveraged that later. But both Democrats and Republicans had a hissy fit over it. Yes, jobs would be lost, but they also be gained. It wasn't going to be painless, but the later effects are going to eventually be much more painful, and with no benefit to the country.

In the short term, this helps the USA. It devalues the currency and makes our products and services cheaper. Unfortunately, due to Dump's trade wars, we can't fully benefit from it....maybe this was Putin's plan all along.

Long term, we exert less influence. The more nations that abandon the dollar, the less influence we have in sanctions, banking and the like.

...the Dumpster starts blowing up the petrodollar.

What could go wrong...