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Posted on 4/27/23 at 3:47 pm to Timeoday
This is actually quite bad for the US because it solidifies that the MERCSUR is migrating from the US Dollar to the Yuan. Brazil and Argentia just told the EU that if they approve their new trade deal they will only trade in Yuan dollars. This means all of South American will drop the US dollar and only use the Yuan for exports and imports.
The US is royally fricked.
The US is royally fricked.
Posted on 4/27/23 at 4:08 pm to bamarep
quote:
I don't get the uproar over stuff like this.
Who the frick are we to demand sovereign nations do their trading with each other in US dollars?
Its because we give a shitload out to other countries, and we need them to use our dollars to buy shite to keep it propped up.
quote:
"It'd be like a new union of up-and-coming discontents who, on the scale of GDP, now collectively outweigh not only the reigning hegemon, the United States, but the entire G-7 weight class put together," he said in a column published on Monday.
China rules the world.
This post was edited on 4/27/23 at 4:19 pm
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