New here?
Create an account to submit posts, participate in discussions and chat with people.
Sign up
6
Any literature regarding what would happen if the petrodollar collapses?
posted 22 days ago by ScallionPancake on scored.co (+0 / -0 / +6Score on mirror )
8 comments
Permalink
Mirrored from scored.co
Curious to know what could be the future if this were to happen since it seems more and more possible each passing day.

Anybody know any real economists that have spoken about this?
You must log in or sign up to comment
8 comments:
1
LilyVargas on scored.co
21 days ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
BRICS UNIT is a possibility but more likely it will be CBDC, which is far closer to a fruition.

Corbett Report is a good, well sourced place to start learning about these two if you're unfamiliar:

https://corbettreport.com/?s=Cbdc

https://corbettreport.com/?s=Brics+unit
Permalink Reply
Mirrored from scored.co
1
Webspawner3 on scored.co
21 days ago 1 point (+0 / -0 / +1Score on mirror ) 2 children
The BRICS alliance used to be something to worry about but now it’s not. Brazil can’t even control their own country. Russia fucked itself for the next 80+ years with the Ukraine quagmire. India will be forced to pick a side by the USA. At some point their foreign policy of “be friendly with everyone” won’t be okay with the USA. China is only country in BRICS worth worrying about. And South Africa is destroyed country in control by stupid animals.
Permalink Reply
Mirrored from scored.co
1
ScallionPancake on scored.co
21 days ago 1 point (+0 / -0 / +1Score on mirror )
> Russia fucked itself for the next 80+ years with the Ukraine quagmire.

They’re doing great right now being an energy exporter due to the destruction of the gulf states production capabilities.

The us govt even lifted their sanctions lol.

> China is only country in BRICS worth worrying about.

How about Iran? They control the export of all oil out of the middle east and nobody can do anything about it.
Permalink Reply
Mirrored from scored.co
0
LilyVargas on scored.co
21 days ago 0 points (+0 / -0 )
I should have said " *slim* possibility", but it's worth knowing about I think.
Permalink Reply
Mirrored from scored.co
0
GoldenInnosStatue on scored.co
22 days ago 0 points (+0 / -0 )
we'd go back to barter or silver based trade

american funny money is worthless as is
Permalink Reply
Mirrored from scored.co
0
BlippiIsAPedo on scored.co
22 days ago 0 points (+0 / -0 )
I asked AI this. The only thing it recommended was buying stuff from Norway and Switzerland
Permalink Reply
Mirrored from scored.co
0
goodnightiryna on scored.co
22 days ago 0 points (+0 / -0 ) 1 child
Gold has been plummeting on "inflation fears" so figure that one out.

I don't see the petrodollar collapsing from anything less than civil war.
Permalink Reply
Mirrored from scored.co
0
ScallionPancake on scored.co
21 days ago 0 points (+0 / -0 )
> I don't see the petrodollar collapsing from anything less than civil war.

Umm, how about people buying oil in yuan?
Permalink Reply
Mirrored from scored.co
Toast message