Dedollarization commences. Will probably take a few more years to be really noticable but with African countries attempting to build their own transaction currency and India and Emirates dropping the Dollar, the US is rather silent on the topic, as far as I know.

[–] AnomalousBit@programming.dev 3 points 1 year ago (1 children)

Yeah, this will be so great! I'm sure Venezuela and Russia can't wait to trade their *looks at notes* oil with each other in rubles and bolívares. Who the hell would hold a ton of those currencies unless they were forced to anyways? How many millions of bolívares to one US Dollar is it today? Great job, Maduro. Really leading with excellence over there.

These dudes lighting fireworks over this trade block full of cronies is hilarious.

[–] OurToothbrush@lemmy.ml -2 points 1 year ago* (last edited 1 year ago) (1 children)

Have you considered looking up the actual implications or are you legitimately content to think Russia and Venezuela are going to start trading oil back and forth?

[–] AnomalousBit@programming.dev 0 points 1 year ago

It’s literally the super majority of both countries exports, but yeah sure they’ll start trading super computers 🤣