In the coming days, many countries will embrace this shifting currency paradigm, leading to de-dollarization, which will redefine the global economy and trade.
Yes, ignore all the evidence that de-dollarization is happening! Its just like 2008, and as we all know the economy has done really well since then and life in America is swell!
Don’t hold your breath. Articles like these were all over in 2008 as well.
We’re in 2023 not 2008, the world has changed.
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As shitty as USD is, I’m excited to learn which viable alternative has emerged since 2008.
The U.S. dollar accounts for about 47% of total global reserves in 2022 (55% in 2021). A one-year decline of 8% is equivalent to 10 times the average annual rate of decline in dollar market share in previous years
BRICS: 10 Asian Countries Agree to Ditch The U.S. Dollar
The rise of national currencies against dollar hegemony
Yuan exceeds dollar in China’s bilateral trade for first time
Yes, ignore all the evidence that de-dollarization is happening! Its just like 2008, and as we all know the economy has done really well since then and life in America is swell!