The Asian countries that are on the frontline of the fuel crisis are having their bond markets absolutely clobbered. The dollar-system is starting to unwind pretty quickly now. 🇯🇵🇰🇷💵 https://t.co/hvOLuqm925 #FuelCrisis #BondMarket #DollarSystem #JP #KR
The dollar system, which guarantees American power, is cracking. Some countries are beginning to borrow and trade in Chinese yuan, rather than dollars. Central banks are gradually unloading the dollars they hold. (translated)
