this post was submitted on 14 Sep 2024
19 points (95.2% liked)

Economics

1720 readers
1 users here now

founded 5 years ago
MODERATORS
[email protected]
19
Trump's threat to punish countries that drop US dollar will speed up de-dollarization (m.youtube.com)
submitted 2 months ago by [email protected] to c/[email protected]
3 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 1 month ago

Exactly, this will basically force countries to choose between doing trade with US and China. Given that China is by far the biggest trade partner for most countries, and actually produces things people need, it's going to be an easy choice.