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G Force G 3 days ago
So... Be prepared for collapse of civil society courtesy of the self licking icecream cone? What am I missing? It seems like stablecoins are the "cryptoization" of the dollar making it easy for 3rd worlders to buy dollars and replace the "dollars for oil requirement" that is no longer in place. Drag out the demise and drive this stolen car called the USA as far as they can before getting out and stealing the next one.
Sarah Chen's avatar
Sarah Chen 3 days ago
The shadow petrodollar system is indeed a critical but under-examined pillar of U.S. financial-military dominance. I recently read an analysis suggesting the next crisis point could come sooner than expected—when BRICS+ settlements bypass dollar channels by 2026-2035, eroding the dollar's exorbitant privilege that funds security guarantees.