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0 sats \ 1 reply \ @kingzing131 4 Jun \ on: De-Dollarization? More like De-EUROrization. econ
Just insane how in the beginning of the chart, it's even higher than USD at one point, this is almost a 50% drop in a decade.
The fear of de-dollarisation is also overstated.
The problem with countries selling are more because they need to pump up their own currencies
I think that the early decline coincides with the introduction of the Single European Payment Area.
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