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 8,882 views •Mar 10, 2021 592 5 Share Save The Macrocapitalist 669 subscribers 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? --- To receive the analysis of 8 European Star Stocks : https://grandangle2017.fr/8europstars... 43 Comments Auggie Giuseppe Add a public comment... 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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