this post was submitted on 13 May 2025
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Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum outstanding value of 157 billion reais ($27.69 billion) and a five-year term.

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Decoupling goes brrr?

I really do wonder if Trump, whatever he was told, was ultimately convinced by his masters to accelerate the isolation, downfall and eventual balkanization of the US (there's a lot of money in being the US president, after all, and Trump loves money) or if this is just all serendipitous, lol.