this post was submitted on 14 Sep 2024
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Trump's threat to punish countries that drop US dollar will speed up de-dollarization (m.youtube.com)
submitted 2 months ago by yogthos@lemmy.ml to c/economics@lemmy.ml
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[–] yogthos@lemmy.ml 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.