Nice Going Biden: China, Brazil strike deal to ditch U.S. dollar for trade.

MAGA Macho Man

MAGA Macho Man

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Biden is showing he has no business savvy like Trump on the international stage. His whole goal is to weaken the US and its currency.


www.straitstimes.com

China, Brazil strike deal to ditch dollar for trade

It's Beijing’s latest salvo against the greenback. Read more at straitstimes.com. Read more at straitstimes.com.
www.straitstimes.com www.straitstimes.com

truthsocial.com

Truth Social

Truth Social is America's "Big Tent" social media platform that encourages an open, free, and honest global conversation without discriminating on the basis of political ideology.
truthsocial.com truthsocial.com
 
France signed a deal with China for LNG (Total Petroleum) payable in yuan.

energy.economictimes.indiatimes.com

China completes first yuan-settled LNG trade

Approximately 65,000 tonnes of LNG imported from the UAE changed hands in the trade, it said in a statement. TotalEnergies confirmed to Reuters that the transaction involved LNG imported from the UAE but did not comment further.
energy.economictimes.indiatimes.com energy.economictimes.indiatimes.com

Saudi-China oils and petrochemical agreement.

www.reuters.com

Saudi's China refinery deal covers crude oil storage and petrochemical supplies

Saudi Aramco's new refinery deal to buy a 10% stake in private Chinese chemical group Rongsheng Petrochemical includes agreements on crude oil storage in eastern China and the supply of plastics and petrochemicals to the Middle East energy giant.
www.reuters.com www.reuters.com

Client Challenge

www.ft.com
 
mamooth said:
Wow. The BDS is thick here.

Anyways, good to see that most conservatives still don't understand economics. They actually think the economy of the entire world is supposed to run on dollars.
Click to expand...
By all means please explain in detail how the world no longer using our currency is a good thing
 
mamooth said:
Wow. The BDS is thick here.

Anyways, good to see that most conservatives still don't understand economics. They actually think the economy of the entire world is supposed to run on dollars.
Click to expand...

It is the number one most traded currency globally, accounting for a daily average volume of US$2.9 trillion. There are several reasons for its popularity.

Top 10 Most Traded Currencies in the World | IG International​

 
Nostra said:
I was gonna post that some single digit IQ Dimtard would blame Trump for this, but you beat me to it.
Click to expand...

​

You want to be blind to history then be my guest.​

​

China will 'compel' Saudi Arabia to trade oil in yuan​

https://www.cnbc.com › 2017/10/11 › china-will-compel...


Oct 11, 2017 — China will “compel” Saudi Arabia to trade oil in yuan and, when this happens, the rest of the oil market will follow suit and abandon the U.S. ...
 
Rust_Cohle said:
By all means please explain in detail how the world no longer using our currency is a good thing
Click to expand...
The world has always used other currencies to trade with if it so wishes, there is no international law that requires one to use US dollars only for trading.
 
Moonglow said:
The world has always used other currencies to trade with if it so wishes, there is no international law that requires one to use US dollars only for trading.
Click to expand...
Not my question

Explain in detail how our currency no longer being the reserve currency around the world is a good thing
 
Moonglow said:
It is the number one most traded currency globally, accounting for a daily average volume of US$2.9 trillion. There are several reasons for its popularity.

Top 10 Most Traded Currencies in the World | IG International​

Click to expand...
It was over 95% of the world's middleman trade as the global currency after WW 2. No around 50% and dropping. Living off of other people does this. We are too busy in our personal self-importance to worry about it. All of the accusations of killing groups from mostly Progs will come true at some point y our own individual belief of deity status.
 
15th post
22lcidw said:
It was over 95% of the world's middleman trade as the global currency after WW 2. No around 50% and dropping. Living off of other people does this. We are too busy in our personal self-importance to worry about it. All of the accusations of killing groups from mostly Progs will come true at some point y our own individual belief of deity status.
Click to expand...
Other industries and markets grew and so they took the share from WWII Japan was one of the first, remember the 1980s?
 
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