https://archive.is/2023.04.18-152454/https://www.bloomberg.com/news/articles/2023-04-18/de-dollarization-is-happening-at-a-stunning-pace-jen-says?leadSource=uverify%20wall
The greenback’s share in global reserves slid last year at 10 times the average speed of the past two decades as a number of countries looked for alternatives after Russia’s invasion of Ukraine triggered sanctions, Jen and his Eurizon SLJ Capital Ltd. colleague Joana Freire wrote in a note. Adjusting for exchange rate movements, the dollar has lost about 11% of its market share since 2016 and double that amount since 2008, they said.
“The dollar suffered a stunning collapse in 2022 in its market share as a reserve currency, presumably due to its muscular use of sanctions,” Jen and Freire wrote. “Exceptional actions taken by the US and its allies against Russia have startled large reserve-holding countries,” most of which are emerging economies from the so-called Global South, they said.
Exactly. Boomer chuds don't give two shits about what happens after they're dead. To the point where 'Who cares, I'll be dead by then' was basically their catchphrase
I have explicitly heard that from a boomer that I know. When I brought up "what about your children and grandchildren?" he didn't seem to give a shit about them either
This is where the whole "going to heaven and all the homies are there" comes in to do its magic.
Global warming was a thing I would bring up as a kid too (I watched a lot of Captain Planet lol). And my parents way of comforting me about it was. "Oh, don't worry, that won't happen for a hundred years."