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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 01/04/2026

Now, thanks to Trump's America First agenda, America's many advantages are collapsing. The dollar is in retreat, with Ethiopia revaluing its national debt in Chinese renminbi: fidelpost.com/ethiopia-and... 10/

fidelpost.com

Ethiopia and China Move Toward Final Stage of Debt Restructuring Agreement - Fidel Post

A high-level Ethiopian delegation, led by Finance Minister Ahmed Shide, has commenced a strategic financial mission to Beijing, marking a critical juncture in the nation’s economic recovery. The dele...

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 01/04/2026

Trump's disastrous war of choice in Iran is heading for a humiliating defeat for the dollar, with Iran announcing that any peace deal will require a $2m/ship toll to pass through the Strait of Hormuz, a toll they're already collecting, *payable in renminbi*: www.nbcnews.com/world/iran/i... 11/

nbcnews.com

Iran's 'Tehran toll booth' forces some tankers to pay millions to leave Strait of Hormuz

“The Islamic Revolutionary Guard Corps essentially verifies the ship's information and acts almost like a toll booth,” one analyst told NBC News.

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 01/04/2026

(I really hope Trump's plan to rename it the "Strait of Trump" catches on, so that his name in invoked with every tanker that traverses the strait, weakening the dollar and America's power - a very fitting legacy.) 12/

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