Birdwatch Note Rating
2024-06-13 11:07:39 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 154451B4FBDC4183D24ACBAB53BE7F40FD4674017217723406AA8EEF4452C49A
Participant Details
Original Note:
The Petrodollar is the leading cause of the US Current Account Deficit. https://www.investopedia.com/articles/forex/072915/how-petrodollars-affect-us-dollar.asp This has been forcing the US into debt and towards instability - the Triffin Dillema. https://www.investopedia.com/financial-edge/1011/how-the-triffin-dilemma-affects-currencies.aspx Contrary to the post, this expiration is not all bad. It helps the long-term stability of the US & reduces debt https://www.imf.org/en/News/Articles/2015/09/28/04/53/sp032306a
All Note Details