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twen
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2024-07-03 18:22:50

twen on Nostr: A long article (in English 🇬🇧) on the rise of the USD 💵 (since the World War ...

A long article (in English 🇬🇧) on the rise of the USD 💵 (since the World War II), the incredible debt of the USA today since the loss of parity with gold in 1971 (and the reason why); the possible deepening of that loss (this time from China 🇨🇳); the consolidation of the BRICS grouping and mBridge (an alternative to the SWIFT financial system); the UAE no longer selling barrels of oil in dollars, and potentially a new parity on gold and oil. 👍🏼
https://asiatimes.com/2024/07/cryptos-gold-and-the-end-of-the-dollar/
#asia #asiatimes #longread
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