Birdwatch Note Rating
2024-06-13 12:06:49 UTC - NOT_HELPFUL
Rated by Participant: 5047B17D2F0B1624B0EB5504CF5628DC96446BF8A7EA96293399E155DB4BBA8A
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 - 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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