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by elzbardico
79 days ago
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Yes, but for a consumption addicted society like the US, an abrupt end to the petrodolar would be an incredibly traumatic event. Think about it, every single mother fucking year, the US roughly buys 1 trillion dollars more on services and goods from the rest of the world, than it sells. It has this privilege/curse basically because the US dollar IS the world's global commerce and finance currency. |
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