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/biz/ - Business & Finance

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>> No.23956343 [View]
File: 60 KB, 733x463, EUBtSHiXgAUd55g.png [View same] [iqdb] [saucenao] [google]
23956343

>>23956303
Exactly.

>> No.13288810 [View]
File: 60 KB, 733x463, worldreservecurrency.png [View same] [iqdb] [saucenao] [google]
13288810

>>13285589
USD is the world reserve currency (due to the petrodollar) which allows the US government to run large trade deficits. This gives it the edge over other advanced economies.

>> No.13265360 [View]
File: 60 KB, 733x463, worldreservecurrency.png [View same] [iqdb] [saucenao] [google]
13265360

>>13265290
The US will remain the world's superpower only as long as USD remains the world reserve currency.

America runs a trade defecit every year. It's number one export is the US Dollar! That's because USD is the world reserve currency largely due to the petrodollar, which is cracking right now. What do you think the crisis in Venezuala is really about?

China and Russia are already breaking free. The Saudis have now even threatened to ditch the petrodollar.

The US empire will not last much longer.

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