Wednesday, May 19, 2021
Chinese DE DOLLARIZATION strategy : From petroyuan to the de-dollarizati...
Chinese DE DOLLARIZATION strategy : From petroyuan to the de-dollarization of Asia and the world
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•Mar 10, 2021
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The Macrocapitalist
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China has developed an ingenious de dollarization strategy for its oil purchases, born out of the initial constraint of using the dollar. Today, Richard Détente explains what gradually led it to create the petroyuan. It is an essential step towards its next objective: to drive the dollar out of Asia within a few years. This Chinese strategy is not new; for several decades, it has been moving forward with a clear objective in mind: to dethrone the United States. This will require the removal of the American power from its trade monopoly and the dollar's hold on the world. This is why investments in Asia, especially in China, are more relevant than ever for your long-term investments. Richard Détente regularly discusses the importance of China in a balanced portfolio. Oil and gold are the absolute benchmarks in terms of economic positioning. Controlling both via one's currency is a major stake. Since the second world war, the USA reigns without sharing these two instruments of power. But now, the Chinese ambition, through the petroyuan, threatens to compete with the dollar, with no possible return. What future can we foresee for the dollar and the USA? Will American domination be turned upside down by Chinese policy? How can you secure your financial positions by integrating the risk that weighs on the dollar, namely a structural decline leading to slow impoverishment? How does one invest in China?
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43 Comments
Auggie Giuseppe
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Auggie Giuseppe
Auggie Giuseppe
1 second ago
Just about time for a change of Military Hegemon and .....
Random Name
Random Name
6 days ago
this is what happens when you, as the world reserve currency, start weaponizing it against other countries. they seek alternatives.
13
Dexter Kofa
Dexter Kofa
1 day ago
Just found your channel and it's awesome. Global finance simplified in such a way that it's actually interesting.
2
Swee Lim
Swee Lim
1 week ago
Fresh new insights on important issues are provided by this episode in a balanced manner. Well done and many thanks 👍👍👍
6
satpurush
satpurush
2 weeks ago
Very informative... Thank you...can you make a video on the forthcoming war.. Thucydide trap....if there is any..!
7
3nien
3nien
2 weeks ago (edited)
New sub.. daring analysis
5
Kokker Goh
Kokker Goh
2 weeks ago
Great👍
5
InPursuit ofGoodness
InPursuit ofGoodness
2 days ago
A genius presentation/analysis
1
Joseph Lau
Joseph Lau
6 days ago
Very informative video. Please keep up the good work.
2
Zaahid Arnold
Zaahid Arnold
1 day ago
Thank you. Very informative video 👍
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