Birdwatch Note Rating
2024-06-13 18:14:05 UTC - HELPFUL
Rated by Participant: 780066030D8F4190F611D1AFB1030C29D0AD9B5564B6AA7DE6422CADCE23A364
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
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