Comment on Checkers, not chess.
marcos@lemmy.world 2 weeks ago
I wonder if this is the final nail that will decouple the world economy from the dollar.
But then, I suppose the plan was to decouple the world from the dollar all the time. Trump is clearly playing 5D connect-4.
If anything Trump was trying to prevent the change away from the petrodollar standard. That “currency” allows the US to run up debts because nobody wants the dollar to collapse and wreck everything traded in USD.
reuters.com/…/trumps-venezuela-oil-grab-revives-p…
I don’t know about the quality of this site, so be skeptical: factually.co/…/was-iran-threatening-to-abandon-pe…
Iran has been out of the petrodollar system since the maximalist sanctions the US imposed in 1995. Sanctioned countries don’t have a use for dollars.
You were not born when the decoupling began. You will not live to see it end.
I suppose the plan was to decouple the world from the dollar all the time.
I mean, depends on who you ask. But there’s definitely been a deliberately effort from within the Silicon Valley wing of the economy to force people into using Cryptocurrency as a legally-compulsory dollar alternative.
You were not born when the decoupling began.
As recently as the 1970s, the world was getting unambiguously more coupled. As recently as the 1990s, it was ambiguously so.
And decoupling only started to really happen last year. Before that it was going in a glacial pace.
And decoupling only started to really happen last year.
We began decoupling when we took a militant policy against immigration. You can take that back to Clinton in the 90s or all the way back to Eisenhower in the 50s. But we’ve been adopting strains of isolationism straight back to the final days of WW2.
You could describe the Cold War as an enormous globalized decoupling event, which we tentatively recoiled from a few times before collapsing back into it.
it depends where you look. there’s been intentional economic globalism areas. regionalism? we applauded nixon for making inroads with china.
Trump has singlehandedly destroyed the Untied States place in the world
Eh, he’s pushed around and bribed to make certain decisions. He’s the right man for the job of accelerating the decline of the empire and the beginning of the multi-nodal world, whether he and his followers know it or not, simply because he truly has no spine, no morals, no ideology, he just cares about his money.
Silver linings, I guess?
Soulphite@reddthat.com 2 weeks ago
Wish the bastard was playing hangman.
neonchaos@piefed.social 2 weeks ago
“Its a 7 letter word, E_stein. Just need one more letter, any guesses?”
“China!”
Yerbouti@sh.itjust.works 2 weeks ago
Lol stupid.
I’d like to solve: BIDEN
bhamlin@lemmy.world 2 weeks ago
No, seven letters. It’s “Brandon”
benderbeerman@lemmy.world 2 weeks ago
“Djy-nah!”
Mac@mander.xyz 2 weeks ago
“It’s a three letter word synonynous with father. What’s your first guess?”
My first guess: Z