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submitted 1 year ago by NightOwl@lemm.ee to c/worldnews@lemmy.ml

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[-] TokenBoomer@lemmy.world -3 points 1 year ago

The world bank? Now add the other 40 countries that want to join including Saudi Arabia. When the petrodollar goes, so will that GDP.

[-] morry040@kbin.social 1 points 1 year ago

Ok - here's what it looks like if you were to group the GDP of each country into regions. If we group all of the regular trading partners and allies into "The West", they comprise 58% of global GDP. BRICS and the 137 other countries would be 41%.
https://www.worldometers.info/gdp/gdp-by-country/

[-] TokenBoomer@lemmy.world 0 points 1 year ago

I didn’t know that GDP is constant and can’t change. Surely nothing will change in the future. The PetroYuan is definitely not a possibility if Saudi Arabia joins BRICS. And that definitely won’t hurt America’s economy, reducing it’s GDP. America will always dominate the world. /s

this post was submitted on 23 Aug 2023
110 points (90.4% liked)

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