It is collapsing. American hegemony revolves on countries trading oil in USD. That's part of how they hid inflation over the last 70ish years. As more countries stop trading in USD (and lessening the effects of US sanctions), the inflation comes home.
It is collapsing. American hegemony revolves on countries trading oil in USD. That's part of how they hid inflation over the last 70ish years. As more countries stop trading in USD (and lessening the effects of US sanctions), the inflation comes home.
(post is archived)