this post was submitted on 17 Jul 2023
52 points (71.7% liked)
World News
32326 readers
426 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's strange that this has been a talking point of the Right (I'm extreme left/anarchist and I've expected this development as well) and most people didn't take it seriously. Glad we're even more dependent on the US, now that their dollar is going to collapse. Yay!
What makes you think that the dollar will collapse? Lol
BRICS is slowly gaining steam, Saudis no longer selling fossil resources exclusively in Petro Dollar, African nations are calling for their members of parliament do derisk of a US dollar collapse by selling whatever dollars they're still holding, inflation is rising due to the FED raising interest rates.
Probably won't happen this year but I'd be surprised if the dollar didn't start dipping in 2024.
Hahahahahaha
Not sure what's so funny about that. China still has a bigger economy growth than the US (6,3% vs less than 3%). India is also above 6%. So yeah, these two alone will get closer to the US.
Thanks for the constructive insight!