3 ms·

True, but 88% is high, this article doesn't seem to make a good case for why the other trends are worrisome... And Russia going insane is probably a good examp

by bwb 3y ago

True, but 88% is high, this article doesn't seem to make a good case for why the other trends are worrisome... And Russia going insane is probably a good example, where they are shifting their oil direct to local currency since they have no choice given they started a war.

Closi 3y ago
The Russia example there is a genuine example of de-dollarisation though, showing why exports matter.
- bwb 3y ago
  True but as we need to cut them off, so that seems like a great move over the long term and a little pain now.