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☆ Yσɠƚԋσʂ ☆@lemmy.ml to Economics@lemmy.mlEnglish · 14 days ago

PetroDollar Is Dead, Yuan Is Replacing the Dollar in Oil Trade - The End for U.S. Economic Power

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PetroDollar Is Dead, Yuan Is Replacing the Dollar in Oil Trade - The End for U.S. Economic Power

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☆ Yσɠƚԋσʂ ☆@lemmy.ml to Economics@lemmy.mlEnglish · 14 days ago
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PetroDollar Is DEAD, Yuan Is REPLACING the Dollar in Oil Trade - The END for U.S. Economic Power
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FOLLOW LENA PETROVA:○ Substack: https://www.worldaffairsincontext.com○ Patreon: https://www.patreon.com/LenaPetrovaSUPPORT THE CHANNEL: ○ PayPal: https://pay...
  • Alas Poor Erinaceus@lemmy.ml
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    14 days ago

    Good 👍🏻 Strangely enough, though, whenever I read about what will replace the US dollar as the world’s reserve currency, it seems like the Euro is usually mentioned before the yuan, whereas you’d think it would be the other way round 🤔.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      14 days ago

      welcome to western media and white supremacy

      • Alas Poor Erinaceus@lemmy.ml
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        14 days ago

        Indeed 🙁

    • gandalf_der_12te@discuss.tchncs.de
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      14 days ago

      do we even need a centralized reserve currency?

    • lumpyluggage@lemmy.world
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      14 days ago

      This isn’t the great news you think it is

      • Alas Poor Erinaceus@lemmy.ml
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        14 days ago

        Very probably true, but I just get so sick and tired of the US’s behavior that it’s very tempting to root for its downfall.

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