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Imagine working 40 years at the CIA destabilizing the global south for this dude to do a Strangelove and wipe his ass all over your life's work cause his dick stopped working
You love to see it.
Glory to comrade JDPON Don! 🫡 /s
we would not be the same country any longer
Newsflash: you're way past that point. No one believes, trust or respect the USA any longer.
De-dollarization can't happen fast enough, as the dollar is one of the pillars of US power. Good thing countries are banding together to make it a priority.
I have personally advocated for doing this exact thing quite a few times over the past decade or so. It simply isn't fair that the US gets to tax people from all over the world when they print more money.
The dedollarization is a path with no return. The clever ones will join China and the BRICS before the fall. This will be the new global order.
Musk declared on Twitter, “We will coup whoever we want! Deal with it”.
i used to think that trump et. al. unmasking de facto american international policy would help make americans understand what's happening, but now it's clear that they just never cared.
I thought Trump and the project 2025 gang's entire goal was the devaluation of the dollar.
I would be willing to bet the absolute geniuses behind project 2025 planned for a very specific percentage of devaluation in order to still be wildly wealthy but absolutely crush the general pop.
They just can't do it because they are fuckin idiots. They will burn it all down trying though.
Not sure that is specific Project 2025 item, though it is a consequence of Trump trade policy. US$ value is a function of total trade with US. A $ is not destroyed when it is sent abroad, and there is general appeal to use it to buy US assets to ensure the wealth to purchase more imports. Unjustifiable extortion is resulting in less capital inflows to US treasuries even as the colonies rulerships seemingly submit to the extortion.
As OP's charts show, China saved the US in GFC aftermath legitimizing their extreme QE and bailouts.
BRICC current dedollerization has more to do with his tarrifs attacks harm to international trade then then anything else. Making trade with your nation less profitable. Is a rather stupid move if you want the world to use your currency to trade amounts each other.
When the global currency is run by a petty man child. It is the nations not making an effort to move away from it that are more worrying.
May if he wasn’t actively crashing the dollar, people wouldn’t want to move away from it.
Countries that value financial sovereignty would still be interested.
"Trump insider" sounds like a tapeworm
The biggest De-Dollarization efforf is done in the White House itself, with their attempt to get the US Treasury under control.
Yeah. A Trump White House is the biggest proponent to dedollarization.
You likely mean getting the federal reserve under control. The Treasury is already under executive control and is intended to be so.
Everyday I wake up wishing that this rapist President will finally choke to death on his well done steak and that his supporters will join him in hell.
BRICS as an organization and not as a loose grouping concept is somehow less than the sum of its parts I always think
Brics is basically an alignment against the west, rather than for something. Each of the members has ambitions that are, at best, completely different from one another, and in some cases, contradictory. It reminds me of the cold war era non-aligned movement.