pull down to refresh
257 sats \ 0 replies \ @TomK OP 10 Dec 2023 \ parent \ on: Petrodollar: The Playbook Reveals Itself econ
The USD will be fine for many years to come if You get rid of the Obiden-clans.... with SOFR there is the next step made to independency from failing European institutions.
Long term impact to the BRICS:
-
capital movements to a strong USA and attractive conditions for partnering with this reborn hub of liberty.
-
India as the typical ''swing state'' of the region could partner with the US to oppose China one day.
-
Currency units are instable and always fail