• jarfil@beehaw.org
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    3 months ago

    Dedollarization has been tried before: Saddam did it, Gaddafi did it, now Putin wants to join the club?

    Wonder if the pattern will repeat 🤔

    • tardigrada@beehaw.org
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      3 months ago

      This has nothing to do with dedollarization imho but rather with circumventing sanctions. China has been refusing to use Swift over fear of Western sanctions. Now China and Russia might even use barter trades at larger scale by the end of this year.