Thursday, April 29, 2021
Global Rush to Moving Away from the US Dollar!
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Global Rush to Moving Away from the US Dollar!
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•Feb 16, 2021
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The state of the US economy is raising alarm bells around the world for just about anyone looking beyond the stock market right now. In this video we answer three key questions:
1) Why Russia and China are pulling their support for the US Dollar?
2) What prompt the EU to strengthen the Euro to become more independent from the dollar?
3) What are the long-term effects of the US budget deficit on the economy?
Stephen Roche, an economist and former bank chairman, was criticized six months ago for predicting that a crash of the US dollar is inevitable.
Apparently, many observers did not like his predication and /or are not willing to accept the reality as is.
Link to article: The Chinese Yuan: From a Reserve Currency to a Global Currency
https://www.globalperspectiveconsulti...
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448 Comments
Auggie Giuseppe
Add a public comment...
Max L
Max L
4 weeks ago
US dollars was working fine ....Until America use it as a weapon .
139
All across Goog;e
All across Goog;e
4 weeks ago
Everyone must join Russia and China in dumping the US dollar.
171
Janice Chan
Janice Chan
1 month ago
US dollar soon will be like banana note.
122
Maliheh Saraj
Maliheh Saraj
4 weeks ago
i hope so
America bullying world with their money
67
Karl Salomon
Karl Salomon
3 weeks ago
It is not Russia or China that dumping the US dollar it is America itself because of the sanction.
33
Asha Rashid
Asha Rashid
4 weeks ago
The Yankee Empire is in an irreversible decline.
63
Lucy Gilbart
Lucy Gilbart
4 weeks ago
China already cut the deal using Chinese yen to buy oil from Iran for next 25 yrs.
58
Alvin 6868
Alvin 6868
4 weeks ago
Boycott US dollars due to they make ridiculous sanction...
107
Steve
Steve
1 month ago (edited)
China has an enormous advantage over the USA, is that China is not willing to start a war with anyone. America spent trillions of dollars in endless war and has little to show for it. However, the American military complex will benefit from selling weapons.
148
front seated
front seated
1 month ago
It's the American dollar but it's becoming the problem of the world.
74
Colin Cornelius
Colin Cornelius
4 weeks ago
Well done china and russia
44
Michael L
Michael L
4 weeks ago
“We have so much money 💰 that is worthless.”
55
ualuuanie
ualuuanie
3 weeks ago
Shit! At the rate the USD is printed out I think by maybe 2 or 3 years time my toilet paper might have a higher exchange rate than the USD.
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