the eu has never sought to supplant the dollars place in commodity trade. the us population has been subsidized since breton woods by agreement as gold was deflationary. however its never been a case that the european nations had to go along with it and if they pull the plug the dollar ceases to be. the single biggest investor in the usa is europe, the single biggest investor in europe is the usa. the second that war started the us would be basically over along with the dollar as a major power and would be at best brazil 2.0
Ireland