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re: Americans Skipping Meals To Afford Housing Under Biden: POLL
Posted on 4/7/24 at 12:32 pm to olgoi khorkhoi
Posted on 4/7/24 at 12:32 pm to olgoi khorkhoi
quote:
There's not a movement to replace the dollar as the world's reserve currency?
No. The only "competition" is the Euro. Compare usage rates of USD and the Euro. What other currency is even competing with the Euro?
quote:
Russia, China, India, the oil producing countries in the Middle East and South America.
India: already banning diesel vehicles
China: China joins list of nations banning the sale of old-style fossil-fuelled vehicles (by 2035, too)
Saudi Arabia: Saudi Arabia to Start Electric-Vehicle Push in Capital Riyadh
Brazil: LINK
You may want to educate yourself before you spout off stuff you read in the echo chamber.
quote:
Our borders are wide open and our infrastructure is woefully unprotected.
This has nothing to do with Russia being able to project power on the US.
quote:
Without a viable alternative contender, the dollar has been on a steady decline as % of global reserve currency since the 70s.
Because the world has developed. We are still dominant, and I mean DOMINANT. The one true contender, the Euro, failed completely.
BRICS would have to (1) create economic integration; (2) create a currency for that integration; (3) out-perform the EU's economy from the 00s until now by like 20x
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