☆ Yσɠƚԋσʂ ☆@lemmy.ml to Economics@lemmy.mlEnglish · 2 months agoTrump's threat to punish countries that drop US dollar will speed up de-dollarizationm.youtube.comexternal-linkmessage-square3fedilinkarrow-up120arrow-down11
arrow-up119arrow-down1external-linkTrump's threat to punish countries that drop US dollar will speed up de-dollarizationm.youtube.com☆ Yσɠƚԋσʂ ☆@lemmy.ml to Economics@lemmy.mlEnglish · 2 months agomessage-square3fedilink
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkarrow-up1·2 months agoExactly, 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.
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.