Turkey has effectively dedollarised. It was driven by pressure on lira but they mainly dumped USD assets instead of EUR assets, clearly signalling that the former was the worse investment. 🇹🇷💵 https://t.co/hEeN94pqq1 #Turkey #Dedollarisation #Lira #TR
A lot of developing countries are going to start selling reserves to prop up their currencies so they can afford food and fuel as shortages bite. This is already leading to a rapid acceleration of dedollarisation. The world can no longer afford to prop up America’s deficits. 💵📉 https://t.co/RH9p1wyCQe #dedollarisation #currencies #foodshortage #Therearenospecificcountrymentionsinthetweet #sonocountrycodeswillbereturned.
