Clear win for Trump. Amazing win. Nobody ever win like this.
108
SilentRhubarb15151 day ago
+26
I’m starting to see how he managed to bankrupt a bunch of casinos
26
tiregroove1 day ago
+6
hahah only now? trump is Homer Simpson if he was drawn as an evil villain.
6
InfiniteEducation11 day ago
+5
Too much winning 🥇
5
gudbote1 day ago
+74
Rednecks have no idea just how much Trump fucked America with the fall of the Petrodollar and the alternatives to the US card & banking systems.
74
____DEADPOOL_______1 day ago
+5
Wake up man, these people want the destruction of the world because they believe they're one of the 20,000 people who will hover into heaven while the rest of us stay here and die. The destruction of the system is seen as an accomplishment.
5
gudbote11 hr ago
+2
A couple of them do, the rest is buying the bullshit about a great reset, being great again (which they are unable to define) and so on.
2
snarky_answer1 day ago
+11
Sure, except this has been happening for some time now because it’s a way to avoid sanctions for using the dollar to buy Iranian oil. The yuan won’t become the new dollar unless china feels like hurting their export market with the increased value of the yuan. This is the same thing they did for sanctioned Russian oil. It’s nothing new.
11
Coolbanh1 day ago
+8
The yuan is also more regulated and complicated than other normal currencies. It will be an option but hard to be a reserve currency without further reforms.
8
SomguyTheSecond1 day ago
+3
China has to open its economy and make its bank independent, which is inherently against their ideology (for some good reason imo).
3
ApplicationMaximum841 day ago
+3
India had not purchased any oil from Iran since 2019, they only resumed during this current US conflict with Iran.
3
tiregroove1 day ago
+16
"And then in 2024 a total ṁοʀοɴ got elected as president a 2nd time and that's how the US dollar lost it's domination of the world economy..."
16
ReactionJifs1 day ago
+5
you can't get humiliated in a history book if none are being written
5
LostInAPortal1 day ago
+1
As much as I’d love to see it, the dollar has a long way to go before it loses its dominance
1
tiregroove1 day ago
+1
trump has done more to devalue it since Nixon took it off the gold standard though. He has alienated ALOT of international allies and forced their hand to trade in other currencies of nations with leaders not hellbent on stupidity.
trump really believes the USA is invincible and world leaders are smiling at him and nodding while slowly backing away because he's so easily flattered and corruptible. Villains are supposed to be smarter.
And we as the US look like a nation full of idiots hoisting our giant foam fingers for electing him.
1
DogblackMichigan19 hr ago
+2
Won’t last. China won’t be able to resist getting their cut via currency manipulation. They can’t help themselves. They will go back to the dollar at China gets greedy.
2
compuwiza11 day ago
+4
The dollar is about to be buttwipe paper. It started when Nixon took it off the gold standard and will be completed by Krasnov.
4
d4dog1 day ago
+2
The American nightmare. Oil being brought and sold, but not in US dollars! "That's not how our free market supposed to work, it's almost a declaration of war."
2
DogblackMichigan19 hr ago
+2
They are trusting China to not screw them. Ha!
2
gao7on15 hr ago
+1
In the foreign exchange market, RMB/yuan is just 7-8% of all fx currencies, whereas the US dollar, aka greenback, makes up 88% of all transactions. Followed by Euro and Yen respectively.
So the red Mao bills or the digital e-CNY still have a long way to go.
1
[deleted]1 day ago
+1
[removed]
1
ultimate_bond1 day ago
-1
You think? India didnt buy oil from Iran from longtime until now
-1
lostfly1 day ago
+1
Since 2019 due to US sanctions.
1
rain1681 day ago
-7
Nothing new. India has always been buying from whoever sells the cheapest
-7
prophecy00911 day ago
+26
It’s not the source of the oil that’s news, rather the currency of transaction
26
Kind_Commission_4271 day ago
+3
The move follows a broader trend where Indian refiners have also used yuan to settle some Russian oil purchases to bypass Western-led financial restrictions.
26 Comments