How Russia-China's ECONOMIC STRATEGY is CRUSHING the DOLLAR? : CURRENCY WARS Case study Ep 2
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VIDEO INTRODUCTION: The US Dollar has been the most powerful currency in the world for 80 Long years and like we saw in the previous episode, this reserve currency status gives the United states such unprecedented power over the world economy that it can cripple the economy of any country within a fortnight! and because of this power, it has even dominated giant players like Russia and China!! but you know what?? this is where China and Russia have come up with a master plan to kill the dollar dominance in the world!! and if you look at the past 10 years’ data, you will see that it’s actually working out!! In 1999, USD had a 71% market share among the global reserve currencies but in the past 10 years, it has dropped to less than 59% and in the next 10 years, if this strategy of China and Russia works, we are seeing the rise of a new reserve currency
So the question is,
What is the master plan of China and Russia to kill the dollar dominance in the world?
How do they plan to dethrone the US from the superpower status of the world?
and lastly, what are the study materials to help you understand this rise of the new reserve currency of the world?
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Money is proteksion but overly in love with money is not good decree in 1 Timothy 6:9,10 also in 1 john 215-17 t
What he👇 said.
Success seems to be connected with action. successful people keep moving . They make mistake ,but they don't quit .The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works
Amazing content on your channel. You cover all the points well in each video. Impressive!
I would never trust China and its yuan, they are trickiest of tricker…I wish it would never happen that China leads the economy as such. Perhaps we should just use gold and silver like the old times to conclude payments? a universal payment which is the same everywhere and controlled and played and monopolised by no one ( ah! I gues it would be just a dream😀)
One thing worth mentioning is that when the US dollar was established, 60% of the world's industrial power was concentrated in the US. Whereas today the US economy is made up of a blown up financial bubble with a marginal real sector, and huge not payable ever debt. While today's China and Russia are booming economies with healthy industry, and no debt. Look at how Russia zeros out the entire EU economy with their gas, and EU can't do anything to Russia no matter how many sanctions they apply. In fact, should Russia, and I think they should, cut real assets for EU – gas, oil, commodities, food, etc., EU will be thrown straight back to the 19th century. That's an illustration of a country with real economy and real assets vs. a blown up bubble.
That said. The major reason the dollar has been around for the past couple of decades is because of US military power. Which they used for invading and robbing oil rich countries, and killing leaders that challenged US hegemony. All in the name of democracy of cource. But that last resort is also slipping away – Russia is elegantly beating the US and Nato in Ukraine. And the world is watching. And 2/3 of the world is not against if not cheering Russia.
After Ukraine, topping Afganistan scamper, US military dominance will be compromised, to say the least. Needless to say, dollar will never be back to what it used to be.
Print – buy goods – war( steal from other country and burn them) – print exact amount in US – buy goods – start over again.
US Dollar is not a reliable anymore. US show that you can loose all your money in seconds.
Good, crush the dollar..
We Americans are screwed….
Go 🇺🇸
Excellent explanation!! 🏆🌟🌟🌟🌟🌟
Oh wow
Interest should be shown to the serial number of the bill, and not to the name of the currency. Chinese relics in British museums object to repatriation, banknote serial number book remains in London. What is the new name of the serial numbers of Rothschild banknotes you need to ask Rothschild.
Russia’s ruble will never be a world country and China needs USA consumption to support its economy. Indian fallacy.
KEEP THINKING THE DOLLAR WILL NOT FALL!!! Rome was not forever!
well when the markets goes down soon it will go up
Wake up Africa. Let's play the game while it's shining. We can raise the strongest World Reserve currency by raising up African Currency. We have everything to deal on world finance platform. The time is right and the time is ripe.
YERLERİN VE GÖKLERİN VE HERŞEYİN SAHİBİ YÜCE ALLAH CC
çin hükümeti doğu Türkistan kardeş lerimizi yaptığın soykırım bedelini dünyada ve ahirette ağır ödeyecek sin çin yok olmaya mahkumdur ALLAHIN İZNİYLE çin zalimdir zalimler için yaşasın cehennem
çin hükümeti bir terör ve işgalci terör örgütü çin yok olmaya mahkumdur ALLAHIN İZNİYLE çin zalimdir zalimler için yaşasın cehennem
I feel it's the right time to invest, it's when you can get the better deals EVER, love your content. Tate for president! keep it up, You make the most complicated things so simple. Consistency. Discipline. Success to all upcoming millionaires 🚀 I'm really interested in investing i'll take any ideas.Thank you!
This video sounds are been shutdown…
I've been digging for clear indication and a plan to achieve financial freedom. I have 20k up to lnvestment. How best can I invest it to achieve good return? Reading books on investing and as well get started. Thanks
Indian obsession of downgrading Pakistan is quite strong. Unfortunately, nobody is buying except Indians themselves. Apparently, India knows more than the 138 countries involved in BRI, and of course, it has nothing to do with the fact that China explicitly rejected Indian inclusion into BRI (/sarcasm).
Cope harder.
👆t the 📀 note ? Dollar most like ? 2 side + respect 📜s Inc past present futures
Please correct yourself. China's debt is only 10% of its Total debt. Balance debt is from America or its allies. If Sri Lanka is in Debt trap it is due America's or its allies. Please don't get influenced by America's Propaganda . Almost all Indian mainstream media is sourced their news from from America and Nato group of countries. These are colonial countries one of whom has ruled our country ruthlessly for 200years and looted our wealth.
Even the pepper 🌶️ is little enough to make you laugh
When you bite it it's makes you crazy even you are not willing to do those things
Thank you sir for this information in such a simple explanation everyone can understand. Brilliant video I wish you greater success.
Thank you for this video. You’ve made me conscious of the depth of Financial Management on a Geopolitical platform.
PAKISTAN WILL GET BETRAYED BY CHINA👈🏼 WATCH‼️
THESE ARE NOT WEST SUNCTIONS: "ONLY SPECIAL ECONOMICS AND TRADES MUTED OPERATIONS" TO RUSSIA.
I'm so happy for taking the bold step in investing a little start up capital with after a week I received my profits to my bank
You have portrayed a narrative that both Russia and China trying covertly to depose USD as the world currency. The truth is that they have not been. Russia was still happily using USD for its oil until it's sanctioned against using USD (what else can it use now?). China has been quite happy using USD in international trade and still holding over 1T of US treasuries which US can forfeit anytime it wants. Both Russia and China want a reserve currency that is made up proportionally of a basket of the world's major currencies so that it cannot be manipulated by any one country.
The reality is that this will not happen. Nor will any currency be able to replace USD in the near future. I read somewhere (sorry, can't recall the source) that Euro + Yen + Yuan do not even constitute 10% of world's reserve currency in use.
Russia and China are really trying to survive the onslaught of USD being used as a weapon of war to subject any nation not complying to US's interest. And that includes India as well. You will see India's position on the Ukraine War shifting over time.
USD was a world currency backed by gold. Then it became a fait. Now it's a weaponised currency, which US can print anytime at will in large quantity to buy from the world. That's is the reality.
Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today
With inflation at its highest level in four decades, recession is now "the most likely outcome for the economy". People wonder how to grow their portfolios to beat inflation and maintain a successful long-term strategy. I looked for investors who were making around $250,000 in this troubled market. This is one more reason why you should save and invest to secure your income and ensure your success.
I can't see the Ruble or the Yuan replacing the US dollar as the reserve currency of most countries. The Ruble is RUBBLE due to sanctions and even Chinese locals do not trust the Yuan, giving their experience in being beaten by the authorities for protesting their inability to access their miserly life savings in Chinese banks
5000/T time
The entire financial maketrs(global index) standardized on the dollar. Markets is not matter of currency exchange it's a matter of standardization, police and regulations . Come on 😂
Russia = venus , China = moon. And when venus + moon exalted , new world order came into the earth. See any new empire came into the world with proper times.
So venus is directly connected with god , its God's order to change the world order. So the india = also venus .
Next 20 years are influenced by venus. And planet venus shows luxury , diamond , politics , noble , money , vehicles , armoury …..
USA = Rahu ( illution , maya , demons , corruption , criminal , negative thoughts , scammers , thiefs …..) Thats nice USA is doing same from last 60 years and world was lashed by the USA demons that nowdays world is leaving dollars. And not exporting into the USA. In the last truth wins , and liers lost.
Moon and venus are good gods , and USA is from demon , so clashesh will takes place always. Democracy made for corruption , looting poors making poors more poors and making riches more rich.
While Russia and China dont think like that , they think all persons are equal. So the USA start first war , and then they leave that war at that time and making that country penny less , thats going with Ukraine.
Africa dont want to send items with dollars. All around the world is not happy , because of the peoples around the world thinks , money brings tension and wars. Because of the negativity from the dollars , whole currencies are filled with negativities. And nowdays publics dont need money anymore.
This war is not only demographic
Can you help us understand a case study wherein you explain the effectiveness comparison of a) the way China is taking steps to replace dollar with their currency b) also the new initiative RBI has taken for exchange of natural gas with Russia. This series has intrigued my interest in the currency market.
the ppl who hopefully thinks that million rupiah/yuan/rubble in their bank acct will turn into gold. If china takes in rubble but the rest of the world dun trade and pay with yuan. At some point, oil wil run out and the only option is to invade other seas and lands. That where world wars begins, and only country will largest pool of resources will win. And how will countries with no digital currency will survive without electricity or 5G network.
Very informative and educational.
If this works, then the US and all dependent economic countries will have serious economic problem far worse then just a big recession.
😵💫😵💫😵💫 how u cane belive this 🤦♂️ ya ya wait when dollar goes out, USA – global economic is 24.32% trilion
they could never over come USA!
THIS WILL NOT HAPPEN IN REAL HAPPENING UNITED STATES DOLLAR CAN NOT BE DOWNED U S DOLLAR IS A WORLD MONEY CHINA ECONOMY BY NOW IS COLLAPSING AND ALSO RUSSIA EVIL CAN NOT PROSPER IN THIS WORLD UNITED STATES ECONOMY IS SO POWERFUL ..
The African currency will be on top African currency will be the biggest African union united a one currency African have everything
all empires fall you are living the history in real time where the changing of the guard is happening
remember colonial gaddaffi in libya calling for africa to use the gold dinar instead of US petro dollar ? well we all saw what happened there along with any other country not willing to do as the united states says …russia and china they cant do that to so we now have all this energy wars along with what ever else cyber crap they can all come up with … we need to evolve past government and military mind sets as quickly as possible ..they dont create …they just manipulate and f@ck things up
🤣🤣🤣