The global de-dollarization campaign is gaining momentum, as countries seek alternatives to the hegemony of the US dollar: China, Russia, Brazil, India, ASEAN nations, Kenya, even Saudi and the UAE
just one caveat: the US is not India's "ally". There is a history that really indicates to the contrary on so many fronts. Yeah.....Like the US is Thailand's "ally" but supports overthrows using Shinawatra! the US is China's "ally", The US is Brazil's "ally", Ukraine's "ally".....Saudi Arabia's "ally" etc.
Only a few countries qualify for real "ally" status". caveat.
Kudos to Big Ben for stripping that carcass of a story down to raw bone! His details are stupendous .
just one caveat: the US is not India's "ally". There is a history that really indicates to the contrary on so many fronts. Yeah.....Like the US is Thailand's "ally" but supports overthrows using Shinawatra! the US is China's "ally", The US is Brazil's "ally", Ukraine's "ally".....Saudi Arabia's "ally" etc.
Only a few countries qualify for real "ally" status". caveat.