Will China Kill the Dollar? (De-Dollarization Has Begun)
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Top Comments (10)
With US hegemony waning and multipolarity rising, now may be the time to consider obtaining citizenship or residence in a BRICS country. This video reveals citizenship and residence programs in current BRICS member states, as well as future members of the alliance - https://www.youtube.com/watch?v=Cz7GJfYXosI
I own a company near Shanghai China and we produce CNC Machines, Our customers from Brazil, Russia and Thailand all sign contract with us in CNY and Paying us in CNY now. These are not small countries. They feel the CNY is more stable than their own currency. We can feel the change now.
It's amazing to me that a country can just print money so recklessly with no possible way to pay it back and It's currency doesn't get devauled. Any other country does this thier currency will become worthless, it must be because so many hold the U.S. its falsely being held up...
Don't blame China for what is entirely USA own fault. De-dollarization is caused by the failed policies of several administrations. People are looking for alternatives to the USD.
You are absolutely correct. People are delusional
Major focus of the Art of War is build your allies,and isolate your enemy
I believe the work you're doing is much more important than it seems.
No , it's not about de- dollarization, it's about dollar devaluation. The sooner this dept system ends the better for the world.
Insightful video, Andrew. China does not want the renminbi to be the global reserve as it comes with other onerous responsibilities that China does not want to shoulder (something like the Pax Americana and previously, Pax Britannica). If you want to point the finger, it's the USA that is killing the US dollar -- by weaponizing it, and by running up staggering current account deficits and concomitant fiscal deficits that have to be funded by debt that cannot possibly be repaid. The USA is visibly a declining economic and geopolitical power, with its de-industrialized heartland and its weakening hold over other parts of the world.
Correction….not China …It’s BRICS…
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Top Comments (10)
With US hegemony waning and multipolarity rising, now may be the time to consider obtaining citizenship or residence in a BRICS country. This video reveals citizenship and residence programs in current BRICS member states, as well as future members of the alliance - https://www.youtube.com/watch?v=Cz7GJfYXosI
I own a company near Shanghai China and we produce CNC Machines, Our customers from Brazil, Russia and Thailand all sign contract with us in CNY and Paying us in CNY now. These are not small countries. They feel the CNY is more stable than their own currency. We can feel the change now.
It's amazing to me that a country can just print money so recklessly with no possible way to pay it back and It's currency doesn't get devauled. Any other country does this thier currency will become worthless, it must be because so many hold the U.S. its falsely being held up...
Don't blame China for what is entirely USA own fault. De-dollarization is caused by the failed policies of several administrations. People are looking for alternatives to the USD.
You are absolutely correct. People are delusional
Major focus of the Art of War is build your allies,and isolate your enemy
I believe the work you're doing is much more important than it seems.
No , it's not about de- dollarization, it's about dollar devaluation. The sooner this dept system ends the better for the world.
Insightful video, Andrew. China does not want the renminbi to be the global reserve as it comes with other onerous responsibilities that China does not want to shoulder (something like the Pax Americana and previously, Pax Britannica). If you want to point the finger, it's the USA that is killing the US dollar -- by weaponizing it, and by running up staggering current account deficits and concomitant fiscal deficits that have to be funded by debt that cannot possibly be repaid. The USA is visibly a declining economic and geopolitical power, with its de-industrialized heartland and its weakening hold over other parts of the world.
Correction….not China …It’s BRICS…