loathsome dongeaterA to GeopoliticsEnglish · 8 months agoHow China Could Re-Dollarize The Worldindi.caexternal-linkmessage-square7linkfedilinkarrow-up141arrow-down10cross-posted to: politics@hexbear.net
arrow-up141arrow-down1external-linkHow China Could Re-Dollarize The Worldindi.caloathsome dongeaterA to GeopoliticsEnglish · 8 months agomessage-square7linkfedilinkcross-posted to: politics@hexbear.net
minus-square小莱卡linkfedilinkEnglisharrow-up20·edit-28 months agoawesome article, basically only dollars repaid from debt flow back to the US in this hypothetical framework.
minus-squareChe's Motorcyclelinkfedilinkarrow-up16·8 months agoYep, the “petrodollar” is broken once the Saudis stop buying US Treasuries.
minus-squareCarnage Sleuth@lemmy.mlBannedBanned from communitylinkfedilinkEnglisharrow-up4·8 months agoI wonder if Anne Pettifor is going to frame this as a good thing or a bad thing TBQH she is hit or miss but the whole Jubilee Movement failed to accomplish this.
awesome article, basically only dollars repaid from debt flow back to the US in this hypothetical framework.
Yep, the “petrodollar” is broken once the Saudis stop buying US Treasuries.
I wonder if Anne Pettifor is going to frame this as a good thing or a bad thing TBQH she is hit or miss but the whole Jubilee Movement failed to accomplish this.