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100 sats \ 0 replies \ @SwearyDoctor 15 Jul
and just the other day someone commenting on here was trying to mark de-dollarization as a "conspiracy theory"...
Of course the dollar depends 100% on the US' hegemony status, and worldwise use of the dollar has gone from an effect of the US' economic strength to open, naked military coercion as the economy no longer produces actual things, which coincidentally was an effect of dollarization to begin with... it got its own tail. As military buildup also depends on the ability to spend (and depends on material production supply lines outside the US.....), this snake again got its own tail there. When the gig is up, this ouroboro will vanish in a puff of smoke.
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100 sats \ 0 replies \ @fm 15 Jul
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