The below is not because young people don't want to leave, it's because they can't afford a place to live by themselves since salaries are shit and those countries have insane realestate bubbles proped up by foreigner "investors" (making the prices even more insane in terms of local incomes).
What often happens is that those young people who leave, leave not just their parent's home but also the country itself (for example, half of Portugal's University graduates emigrate when they graduate)
"Bullshitting" is probably the strongest capability of LLMs.
The end of the USD Reserve status is going to cause an absolute shitload of harm in the US (at the very least, huge inflation) but how much damage is it really going to cause elsewhere?
The US isn't a keystone nation in most manufacturing processes anymore, nor does it produce anything that nobody else does: Modern day America mainly exports Social Media and enshittification. Even things like cloud services are provided by datacenters all over the World with the ones based in North America serving North America.
The greatest value of the US for the rest of the World is as a big consumer market for their exports, not as an essential provider of anything which is physically bound to it.
Absolutelly, there would be damage, especially for any nation left holding US Treasuries to the end (especially in the worst scenario of a US default), but "absolute shitload of harm" outside the US, that doesn't seem likely: if the US magically dissapeared today a bunch of multinational companies would see their Revenues fall maybe 15% but otherwise things would just keep on working because very little the US makes is key.
Granted, countries for which the US is a disproportionatelly high export market like Canada and Mexico would suffer a lot economically, plus Israel would collapse without America's propping up, but beyond that ...
That really depends on whether or not there is a tipping point were an exit from the USD becomes a positive feedback cycle were states ditching it cause more states to do so (which is probable, IMHO), and if so how far we are from it.
I don't think we know enough to be able to say that there's no such tipping point or we're far from it and, similarly, we can't really say there is for certain such a tipping point and this action by the UAE would be enough to reach it.
All we do know is that over the last 2 decades the USD has decreasing as a fraction of foreign 1currency reserves in most of the World.
Should've figured out long ago from what repeatedly happened to the Kurds that America doesn't give a shit about any they call "allies" other than Israel, especially Trump's America.
It's even better: it's supposedly the same mythical being, but one side thinks Jesus was Their last messenger and is even Their son, whilst the other disagrees.
They're fighting about who was and what was the nature of the last spokesperson from their mythical being.
They're furious that the White Jewish Supremacists are also racist against White non-Jews rather than only against non-Whites.
In all fairness, "This is false, Trump is lying" is by far the most likely thing when he says anything that makes him look better (or at least less bad).
IMHO the most likely scenarion is that Trump was played by Netanyahu, later figured it out or was told that he had been played and now is lying about not having been played in the first place.
In my own experience in Britain during the Leave Referendum, lots of Indians are conservatives and even Indian-Nationalists and they absolutelly are anti-Immigrant in the country were they themselves are immigrants as long as they think it's other immigrants that will suffer rather than they themselves.
In fact, this is a general rule, not just for Indians: immigrant rightwingers are no less calously selfish or relishi the hurt of others they see as lesser than local rightwingers, though granted people do usually bring along cultural faces from their country, such as for example a normalized perspective on discrimination against people from other casts for those from India.
Never assume that just because somebody is an immigrant they're inherently better (or worse) than the locals - the main difference between them is how much power they have in the country they live in and expectations informed by the culture they grew up in, not in Moral, Ethics or Principles.
You're assuming I'm using my domain to send spam or am operating the e-mail server myself. That's a pretty wild assumption.
Further, I don't live in the US nor do I have assets in the US, so that act means shit for me.
You can pay a company that hosts e-mail to do it for you, and pretty cheap too.
Which I do.
Like the registar, one can change that provider too, and if do that I get to take the e-mail address with me as well as all my e-mails (all data is fully exportable), unlike with Google were the e-mail address is theirs, not yours.
Try again.
Literally the worst that can happen to me if I'm really really unlucky is end up tied down to a single provider, same as you.
There were already 100s of registars back then (and as of 2024 there were over 2000) along with a standardized process for moving a domain to another registar, all regulated by an international regulator, ICANN.
Given that ease of migration is guaranteed by ICANN, making the market highly competitive, the only real risk that this entire system end up "consolidated" is if ICANN is totally subverted, a pretty tall order considering it's in the interest of every single country in the World and millions of businesses (who also have domain names) that it is not, so that's highly unlikely.
Meanwhile Google is just one and has always been just one. From the very start there was NEVER any perspective of there being more than one provider of gmail addresses so there was NEVER any perspective of being able to move away from Google and still keep your e-mail address if Google screwed you in some way. As for all your e-mails, those were always freely accessible to Google and they could always do whatever they want with that data.
In simple terms, you chose to be Google's bitch and hope that they don't screw you over too badly, whilst I, maybe, if I'm really really unlucky and an entire international system for domain name regulation is subverted against the interests of all countries in the World and most businesses, might one day at worst end up in the same situation as you.
I'm afraid your face-saving risk "analysis" on this is hilariously bad.
The EUR absolutelly is - the EU is a big stable open economy with large Financial Markets a freely trading currency and deep Treasuries markets.
It's not by chance that over the last 2 decades mainly the EUR has taken a bigger and bigger slice of foreign exchange reserves away from the USD, with by 2025 the EUR being roughly 1/3 the amount of USD reserves (see here).
(That said, looking at that data, the EUR and USD foreign currency reserves have barelly moved since 2017)
Agree on the RNB not being ready - China's currency isn't freely traded and neither are their treasuries, and access to mainland Financial Markets is highly restricted. That's reflected on the above mentioned foreign exchange reserves where the RNB is but 1/10 of the EUR reserves.