@michaelpettis.bsky.social on Bluesky

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Michael Pettis

michaelpettis.bsky.social

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1/6 Warning BRICS nations against replacing the US dollar suggests just how confused the incoming administration is about the global trade and capital system. Maintaining USD dominance is completely inconsistent with stated US trade policies. https://www.reuters.com/world/trump-warns-brics-nations-against-replacing-us-dollar-2024-11-30

2024-12-01T04:29:49.760Z