"The #ouroboros, the ancient image of a serpent devouring its own tail, has long symbolized self-defeating strategies. It is thus an apt metaphor for U.S. President Donald Trump’s current policies. ...
#Cryptocurrencies create a financial infrastructure that can be used to evade economic sanctions, the United States’ tool for bullying other countries. Their spread poses a clear threat to the U.S. dollar’s global dominance.

#reservecurrency

https://globe2go.pressreader.com/article/281535117573436

The consequences of Trump’s pro-crypto agenda extend beyond financial markets - The Globe and Mail (Alberta Edition) (2026-04-20)

Globe2Go, the digital newspaper replica of The Globe and Mail

Iran Can’t Hit U.S. Directly—So It’s Hitting Everyone Around It

Iran strikes Gulf nations, oil hubs, and U.S. bases across the region. The result: rising oil prices, global instability, and a war spreading through allies.

#assassinationPolicy #CIAIntervention #Diplomacy #economicFallout #geopoliticalAnalysis #globalInstability #Hezbollah #Houthis #InternationalLaw #Iran #Israel #MiddleEastConflict #MILITARISM #MohammadMossadegh #MossadeghCoup #OilPrices #ProgressivePolitics #reserveCurrency #StraitOfHormuz #USForeignPolicy #warEconomy https://wp.me/p1OjMZ-oMY
2 Bloomberg: The Bloomberg #Dollar Spot Index’s 2% gain in March has scrambled Wall Street’s playbook for the world’s dominant #reservecurrency. It also risks adding to #inflationary pressures around the world by making oil and food crops — denominated in dollars — even more expensive for importers.

This has got to have a bunch of the elites in banking, politics, and the rest of the corrupt moneyed establishment shaking in their boots, as they say.

https://europeanbusinessmagazine.com/business/iran-has-just-fired-the-most-dangerous-shot-of-this-war-and-it-wasnt-a-missile/

In short: the USA has enjoyed a privileged position since the end of WWII, because the #US #dollar has been the de-facto standard international #currency. Not just for trade, but as a reserve as well. Other countries buy US-issued government #bonds by the absolute truckload, and it lets the US spend far above its income without triggering the #hyperinflation you see when another country does that by printing money (see: Zimbabwe).

The foundation of that international currency choice is the oil trade. Pretty much every oil transaction between parties in different countries uses US dollars, hence the "petrodollar' name.

#Chinese yuan becoming an alternate global reserve and trading currency has been a worry for the US for some years now. Oil transactions happening in #yuan could make it happen in a big way.

And then the dominoes might start falling. I'd say "popcorn time", but the collateral damage to the US #economy collapsing will have huge consequences for us all.

#GovernmentBonds #USBonds #ReserveCurrency #USFederalReserve #USPol #Iran

Iran Has Just Fired the Most Dangerous Shot of This War and it wasn't a missile

Iran is considering allowing a limited number of oil tankers to pass through the Strait of Hormuz on the condition that the cargo is traded in Chinese yuan, a senior Iranian official told CNN

European Business Magazine
Europe Is WAY More Powerful Than You Think

YouTube

#PresidentEmmanuelMacron also wants to build bridges, no American input needed, between #G7_countries (or is it G6 ?) and #BRICS (an intergovernmental organization comprising ten countries: Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, South Africa, and the United Arab Emirates). Collectively, BRICS comprises more than a quarter of the global economy and nearly half the world’s population. Oh my, The Systemic Failure Salsa of the #AmericanDollar’s #ReserveCurrency status is hitting a faster tempo. Perhaps the #WhiteHouse should take a breather from dancing in the yet to be built #GoldenBallroom, and grab a #Taco.

https://www.youtube.com/watch?v=avsSMbBWorw&t=1s

Europe ABANDONS USA Dollar - France + BRICS Launch System That LOCKS OUT America

YouTube

Dollar's Global Demise - Luke Gromen on Network State Podcast

#global #reservecurrency

In the third Q of 2025, just under 2% of all global reserves were held in renminbi, as opposed to just under 60% held in dollars.

Xi Jinping has called for people to utilise the renminbi as a reserve currency more, but this looks like it will take some to achieve.

As the renminbi is second in trade financing & might we see a swing in reserves too?

If so, this may cause the US some difficulties; the 'exorbitant privilege' would be damaged at the very least.

#ReserveCurrency #economics
h/t FT

“When we talk about the role of the #dollar as a #reservecurrency we have to reckon with quite how much dollar #reserves have actually changed since the late 1990s.” open.substack.com/pub/adamtooz...

As people go hungry and desperate, and anger grows towards both American political parties, how soon (days?) will it take for people getting out on the streets?
When they do, civil unrest will be inevitable. Trump and his minions will call upon the military. The military will respond, either supporting the #TrumpRegime or #TheConstitutionofTheUnitedStates. In either case, the #ReserveCurrency Status will collapse and the #TreasuryBond tanks; Debts come due.

Hopefully, I am wrong, and there is still time - mostly because I do not think #Canadians and #MarkCarney's Liberals are ready for #America's chaotic collapse.
#AmericanPolitics #Canada #CanadianPolitics #Cdnpoli

https://impliedspaces.wordpress.com/2025/10/29/asemic-map-of-collapsed-empires/

Asemic Map of Collapsed Empires

What if Wednesday   The Asemic Map of Collapsing Empires   Men make their own history, but they do not make it as they please; they do not make it under self-selected circumstances, but u…

Implied Spaces