loathsome dongeater@lemmygrad.ml to Geopolitics@lemmygrad.ml • 13 days agoHow China Could Re-Dollarize The Worldexternal-linkmessage-square6 fedilinkarrow-up140cross-posted to: politics
arrow-up140external-linkHow China Could Re-Dollarize The Worldloathsome dongeater@lemmygrad.ml to Geopolitics@lemmygrad.ml • 13 days agomessage-square6 Commentsfedilinkcross-posted to: politics
minus-square小莱卡@lemmygrad.mlhexbear19·edit-213 days agoawesome article, basically only dollars repaid from debt flow back to the US in this hypothetical framework. linkfedilink
minus-squareChe's Motorcycle@lemmygrad.mlhexbear15·13 days agoYep, the "petrodollar" is broken once the Saudis stop buying US Treasuries. linkfedilink
minus-squareLukácsFan1917@lemmy.mlhexbear4·13 days 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. linkfedilink
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.