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Who cares if the world is signalling that they are starting to think about getting off the dollar and credit agencies are downgrading the US? Saudi Arabia is a
by cced 3y ago
Who cares if the world is signalling that they are starting to think about getting off the dollar and credit agencies are downgrading the US? Saudi Arabia is also talking about accepting Yuan as an alternative to USD.
Here we have three signals among others, go ahead and ignore them I guess…
- bombcar 3y agoThe key is that you can always dump dollars into US bonds. Any alternative currency needs something similar, until they have that sink it doesn’t really matter.
- lotsofpulp 3y agoThey have been signaling that for decades, yet no action indicates that people around the world still trust the US and hence USD more than any other currency.
- datavirtue 3y agoWell just shove a missle up someone's ass if it gets too bad. I'm not worried.
- GoblinSlayer 3y agoThis, Arabia sits on the Big American Missile.