this post was submitted on 09 Oct 2025
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China

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This as China and other countries continue to dump US Treasury debt at record levels.

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[–] fellagha@lemmygrad.ml 55 points 2 months ago* (last edited 2 months ago) (1 children)

Further dedollarization, comrades. Down with the petrodollar. It reminds me of the gold dinar that Gadaffi proposed - which he was martyred for by NATO. China, however, has a nuclear deterrent and the imperialists this time can do nothing but cope and try to stage more color revolutions through the NED.

[–] cfgaussian@lemmygrad.ml 17 points 2 months ago

Dedollarization is definitely happening: