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#dollarhegemony — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #dollarhegemony, aggregated by home.social.

  1. #China issued the first #yuan loan to #SaudiArabia.

    The Export-Import Bank of China and the National Bank of Saudi Arabia have successfully concluded the first loan agreement, which includes yuan financing of China-Saudi commercial projects.
    For the first time without any absolute dependence on the #Dollar

    This move marks the end of #DollarHegemony, and that's why you won't see it in the western #corporatemedia

    zaobao.com.sg/realtime/china/s

    #RIPUSA

  2. Over on the birdsite, @[email protected] & @[email protected] are saying what needs to be said about Zoltan Posner & co.'s ongoing category error in arguing that a set of authoritarian petro-states with large current account surpluses & excess domestic savings can dislodge the #dollar from it's role as the dominant global reserve #currency.

    The global balance of payments simply doesn't add up this way.

    twitter.com/michaelxpettis/sta

    twitter.com/Brad_Setser/status

    #capitalflows
    #globalfinance
    #dollarhegemony

  3. Over on the birdsite, @[email protected] & @[email protected] are saying what needs to be said about Zoltan Posner & co.'s ongoing category error in arguing that a set of authoritarian petro-states with large current account surpluses & excess domestic savings can dislodge the #dollar from it's role as the dominant global reserve #currency.

    The global balance of payments simply doesn't add up this way.

    twitter.com/michaelxpettis/sta

    twitter.com/Brad_Setser/status

    #capitalflows
    #globalfinance
    #dollarhegemony

  4. Over on the birdsite, @[email protected] & @[email protected] are saying what needs to be said about Zoltan Posner & co.'s ongoing category error in arguing that a set of authoritarian petro-states with large current account surpluses & excess domestic savings can dislodge the #dollar from it's role as the dominant global reserve #currency.

    The global balance of payments simply doesn't add up this way.

    twitter.com/michaelxpettis/sta

    twitter.com/Brad_Setser/status

    #capitalflows
    #globalfinance
    #dollarhegemony

  5. Over on the birdsite, @[email protected] & @[email protected] are saying what needs to be said about Zoltan Posner & co.'s ongoing category error in arguing that a set of authoritarian petro-states with large current account surpluses & excess domestic savings can dislodge the #dollar from it's role as the dominant global reserve #currency.

    The global balance of payments simply doesn't add up this way.

    twitter.com/michaelxpettis/sta

    twitter.com/Brad_Setser/status

    #capitalflows
    #globalfinance
    #dollarhegemony

  6. Over on the birdsite, @[email protected] & @[email protected] are saying what needs to be said about Zoltan Posner & co.'s ongoing category error in arguing that a set of authoritarian petro-states with large current account surpluses & excess domestic savings can dislodge the #dollar from it's role as the dominant global reserve #currency.

    The global balance of payments simply doesn't add up this way.

    twitter.com/michaelxpettis/sta

    twitter.com/Brad_Setser/status

    #capitalflows
    #globalfinance
    #dollarhegemony