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Ace1000ks1975
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Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "US Admit the Collapse of Dollar as BRICS Introduce New Finance: End of Dollar?" video.
There is no need to use the USD, because the petrodollar is over. Oil can be bought with other currencies, and oil is the life blood of the economy.
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@gerardflynn7382 The countries in the West said they are moving away from oil, and natural gas, yet they still consume a lot of it.
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@gvs5318 Your numbers are way off. Oil Production by country in 2023 1. USA: 21.91 million barrels/day Oil consumption in USA: 20.25 million barrels/day The amount of oil the US exported would be 21.91 million barrels/day - 20.25 million/day = 1.66 million barrels/day. The average price of a barrel of oil in 2023 was $82.49/barrel. Therefore, the US exported about $49.98 billion in crude oil in 2023, not $323 billion in 2023. You muricans sure are bad in math.
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@tuber6382 Exactly. China sells stuff the world wants, and there is no need to pay for it with USD.
4