#reservecurrency — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #reservecurrency, aggregated by home.social.
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Ray Dalio says the U.S. just had its ‘Suez moment’—and history says what comes next could end an empire
“Watch out for allies and creditors losing confidence, the loss of its reserve currency status, the selling of…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #AnthonyEden #BridgewaterAssociates #Britain #Business #GamalAbdelNasser #iran #PresidentNixon #RayDalio #ReserveCurrency #Suez #SuezCrisis
https://www.newsbeep.com/us/728515/ -
Ray Dalio says the U.S. just had its ‘Suez moment’—and history says what comes next could end an empire
“Watch out for allies and creditors losing confidence, the loss of its reserve currency status, the selling of…
#NewsBeep #News #Economy #AnthonyEden #AU #Australia #BridgewaterAssociates #britain #Business #GamalAbdelNasser #Iran #PresidentNixon #RayDalio #reservecurrency #Suez #SuezCrisis #UnitedStates
https://www.newsbeep.com/au/761488/ -
Ray Dalio says the U.S. just had its ‘Suez moment’—and history says what comes next could end an empire
“Watch out for allies and creditors losing confidence, the loss of its reserve currency status, the selling of…
#NewsBeep #News #Economy #AnthonyEden #BridgewaterAssociates #Britain #Business #CA #Canada #GamalAbdelNasser #Irán #PresidentNixon #RayDalio #reservecurrency #Suez #SuezCrisis #UnitedStates
https://www.newsbeep.com/ca/762346/ -
Ray Dalio says the U.S. just had its ‘Suez moment’—and history says what comes next could end an empire
“Watch out for allies and creditors losing confidence, the loss of its reserve currency status, the selling of…
#NewsBeep #News #Economy #AnthonyEden #BridgewaterAssociates #Britain #Business #GamalAbdelNasser #Iran #PresidentNixon #RayDalio #reservecurrency #Suez #SuezCrisis #UK #UnitedKingdom #UnitedStates
https://www.newsbeep.com/uk/659215/ -
This has got to have a bunch of the elites in banking, politics, and the rest of the corrupt moneyed establishment shaking in their boots, as they say.
In short: the USA has enjoyed a privileged position since the end of WWII, because the #US #dollar has been the de-facto standard international #currency. Not just for trade, but as a reserve as well. Other countries buy US-issued government #bonds by the absolute truckload, and it lets the US spend far above its income without triggering the #hyperinflation you see when another country does that by printing money (see: Zimbabwe).
The foundation of that international currency choice is the oil trade. Pretty much every oil transaction between parties in different countries uses US dollars, hence the "petrodollar' name.
#Chinese yuan becoming an alternate global reserve and trading currency has been a worry for the US for some years now. Oil transactions happening in #yuan could make it happen in a big way.
And then the dominoes might start falling. I'd say "popcorn time", but the collateral damage to the US #economy collapsing will have huge consequences for us all.
#GovernmentBonds #USBonds #ReserveCurrency #USFederalReserve #USPol #Iran
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#RichardMurphy looks ahead to attempt to divine what might happen if Trump causes the #USDollar to fail. It is currently, and has been since taking over from #PoundSterling around the time of WWII, the de facto #ReserveCurrency of the World.
There is a video and a full transcript.
Link to author’s blog.
https://www.taxresearch.org.uk/Blog/2025/04/29/has-trump-done-for-the-dollar/?
