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To: srmanuel

Dedollarization is already in full swing.

Argentina has been paying the IMF in yuan.

The strains of steep U.S. interest rate rises and sanctions that have frozen Russia out of the global banking system have seen a fresh push by the “BRICS” nations, Brazil, Russia, India, China and South Africa, to challenge the dollar’s hegemony.

https://www.reuters.com/markets/signs-de-dollarisation-emerge-dollar-top-currency-jpmorgan-2023-06-05/


10 posted on 08/07/2023 1:12:04 PM PDT by MarMema (Eat your bananas)
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To: MarMema

I don’t think most people have any idea what Dedollarization is and how much it will affect the economy.


15 posted on 08/07/2023 1:18:23 PM PDT by srmanuel ( )
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