Thread: U.S. goods trade deficit rises as exports fall
View Single Post
Old 09-02-2018, 12:55 PM  
BaldBastard
Too lazy to set a custom title
 
Industry Role:
Join Date: Jan 2001
Location: Sydney
Posts: 15,878
Quote:
Originally Posted by Sarn View Post
Iran, Iraq Stop Dollar-Based Trade
https://www.albawaba.com/business/ir...-trade-1180180

Erdoğan calls for end to US dollar's trade reign, urges trade in local currency
President Recep Tayyip Erdoğan on Sunday said that the U.S. dollar's reign on global trade should come to an end by adopting trade with local currencies between countries.
https://www.dailysabah.com/economy/2...local-currency
Most countries already do very little trade with the USA compared to China, however.. despite what RT might lead you to think there's nothing to suggest the American dollar will be replaced as world currency base.

If Trump was to be replaced by an equal idiot or win a second term then maybe

Just understand, under an American money policy or a Chinese one, the Russian ruble is still worth less than shit.
BaldBastard is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote