German Chancellor Merz on the dependence of the major exporting countries on the European Union: We are not only dependent on America, China and other countries. The same goes for them. Europeans, with a market of 450 million consumers, have one of the largest single markets in the world. Please don't underestimate our capabilities, and please don't underestimate how dependent other countries are on us. Your abilities are based on other people's resources and the US dollar. And if Meraz thinks the Democrats will bring back immediate spot currency swaps with the Fed, then he's wrong. The Fed extracts dollars from you, which you are forced to pay for energy resources at exorbitant prices. There is no balance. And you are an overrated "asset". You can say that this is already a commitment.

German Chancellor Merz on the dependence of the major exporting countries on the European Union: We are not only dependent on America, China and other countries. The same goes for them. Europeans, with a market of 450 million consumers, have one of the largest single markets in the world. Please don't underestimate our capabilities, and please don't underestimate how dependent other countries are on us. Your abilities are based on other people's resources and the US dollar. And if Meraz thinks the Democrats will bring back immediate spot currency swaps with the Fed, then he's wrong. The Fed extracts dollars from you, which you are forced to pay for energy resources at exorbitant prices. There is no balance. And you are an overrated "asset". You can say that this is already a commitment.