The current situation is quite unusual. Inflation is causing the value of the US dollar to decrease, yet it's gaining strength when compared to other currencies, as well as assets like gold and real estate. Many individuals are flocking to the dollar due to their perception of its safety. Personally, I have concerns about the potential devaluation of my retirement savings, which amount to approximately $420,000, due to the significant inflationary pressures.
In my opinion, having a mentor is advisable. If you're unsure about finding an experienced mentor, but your understanding of the market is restricted, it appears to be a promising choice.
I suggest formulating a diversification strategy as constructing a strong financial portfolio has become more challenging post the onset of COVID. A coworker proposed the idea of enlisting the services of an advisor. I can personally attest to the success of this approach, having earned more than $120K with their guidance amidst the market turmoil. They employed defensive tactics to safeguard my portfolio and generate gains despite the market's fluctuations.
I've shuffled through a few advisors in the past, but settled with Laurel Dell Sroufe , her strategy is recession-proof, more specifically profit-oriented, and you'd most likely find her basic info on the net, simply research.
@@crystalcassandra5597 Thanks, I just googled Laurel and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.
Keep this in the back of your mind. There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do as well. This can be accomplished by hiring a knowledgeable specialist whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.
With the assistance of an investment advisor, I was able to diversify my $401k portfolio across multiple markets, earning over $980k in net profit from high dividend yielding stocks, ETFs, and bonds in just a few short months.
@@darnellcapriccioso Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.
@@darnellcapriccioso She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
Collapse is generous 1st time in our history with a full generation that wasn't taught finacial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, invessting is the only way most people will ever have enough money to retire.
That's why I make it a point to speak with a financial counselor before choosing any investments. I've been using one since the pandemic. using profit-oriented tactics and minimizing risk as a buffer against inevitable downtrends. In addition, they have access to insider knowledge and analysis, making failure virtually impossible for them. I made almost $700K after working with an advisor for over two years.
@@elliot985 This sounds really interesting. I've been thinking of pulling out my money too. Could you recommend who your advisor is? I could really use some help.
@@BeatrizGomes196 Finding financial advisors like LAURA MARIE RAY who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Three years ago, nobody could have foreseen the current state of the U.S. dollar. The U.S. continues to repeat the same mistakes that have led to the dollar's current situation. As a result, there's no guarantee that the dollar's future will be as bright as it's hoped to be.
I consult a financial coach before investing. During the pandemic, I employed profit-focused strategies and risk minimisation, leveraging their insider knowledge and analysis. Working with Stacey Lee Decker as my coach for over three years, I've generated around $750k in earnings.
@@VickyAlvy After reading your insights, I researched her full name and found her online webpage. Unfortunately, my portfolio took a significant hit, so holding it longer seems unwise. However, I've heard of others making significant returns during this downturn, which is encouraging.
Ok thats right then there people should go running to china as illegal immigrants instead running to the US and europe.Let china deal with them as illegals.
WOW VERY DANGEROUS SIR! !! 😠😠BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In Feb. alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun.. Lloyd Bernard
According to certain economists, it's possible that the U.S. and certain parts of Europe might experience a recession at some point in 2023. Although a global recession, which is characterized by a decline in annual global per capita income, is relatively uncommon due to the faster growth rates of emerging markets like China, in comparison to developed economies. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to $250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?
We must consider safer investments with promising returns in order to plan for the future. If you approach investing with a five-year perspective and simply DCA whenever you receive a check. Under the direction of my investment advisor, "Deborah Sue Bohn", whose expertise in portfolio diversification is unsurpassed and client-focused, my portfolio has gained almost $643k since January 2022.
Yes, the BRICS countries should only use their own currencies instead of the US$. And by an amazing coincidence, all these currencies start with the letter "R". Real - Brazil Ruble - Russia Rupee - India Renminbi - China Rand - South Africa
@@theartofwanderlust Thats a nice question . But then in the short term and longer term US will be fucked. Their monopoly will end. And thats a new beginning for humanity
@@theartofwanderlust The US have many resources. They too have oil, gas, coal, green energy, etc. There are not only 6 other countries in this world. Those BRICS+ countries will wake up someday to find out that they really are not indispensable. The US survived when they were not there. The US will survive even when they're gone.
WOW VERY DANGEROUS SIR! 😠😠BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
What we're seeing honestly is the REAL reason the U.S. is so obsessed with Ukraine. They figure that if they can somehow take back Crimea, completely block Russia in militarily/ports and collapse them, the dollar and American power hegemony will survive (as they feel that Russia is a critical piece to allowing any alternative to rise). If Russia wins now, and the world grows tired of America's aggressive efforts, it's over. Hence why the U.S. government is so fanatically sacrificing money, equipment and technology, risking brinksmanship in the process. In all likelihood either America or Russia will be destroyed as a power by this proxy war, in terms of influence and economically. And the way it looks at the moment, it will be America since the world is wary of the warmongering.
America as we know it is finished. All indications point to 2023 being a year of severe economic pain across the country. Put that money to work right away to make it grow. I knew I had to make an investment. I never imagined that a few thousand dollars per month would add up. However, it is. I've made around $600,000 since 2020...
@thelastunicorn1987 If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Because their entire skill set is based on going long and short at the same time, they employ a profit-driven strategy based on individual risk tolerance...
WOW VERY DANGEROUS SIR! 😠😠BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
Well the #1 reason why the world is de-dollarizing is because America has a $31 trillion national debt that can never be repaid. Put on your geopolitical thinking cap on.
Yep the world is subsidising the US right now as there is a never ending demand for dollars owing to the petro dollar system, this also allows the US to keep printing money and is what china is hoping to break.
Have you ever wondered why all countries in the world are in debt? And the richest of them have the latgest debt? For example, it's considered that Singapore is the richet ASEAN country, based on their GDP. Yet they have the largest debt among the ASEAN Countries. The USA, China and Japan, are among the richest in the world, and they are on top of the most indebted countries in the world. Have you ever wondered? I have $200 US in my wallet. That means, the US owed me $200 worth of goods. If I light a match and burn that dollar, the US no longer owe me anything.
So, if the BRICS dedollarize and never spent that dollar by buying American products, the US will be more than happy. It's written in the dollar. That piece of paper is a legal tender and recognized by the US. Dedollarize? How will you dedollarize? By not using that dollar?
Before 1971, the US will exchange your dollar for gold, solid gold. Now you must buy their product by paying them the dollar. If you don't want them to pay by the dollar, instead you pay them with the 5R, will they accept it? You are lucky if they do!
@@corneliopascasio2172 😂😂😂 why I buy American product? When there is available from BRICS with cheap price🤣 they have no choice to devalued their currency and accept 5R🤣🤣🤣
Much needed change and this is the only way to stabilise world. Every country has the right to do what’s best for them and solve their issues. World is sick and tired of bullying, currency sanctions, democracy propaganda and every kind of nonsense in the world created by America. More regional currency, trade pacts with multi polar world is the way to go
Typical response China has existed for hundreds of years and no problems. The US has existed for 275 years and has gone to war with almost ever country.
@@cuckoonut1208 Ridiculous comment. The diligent country win, whereas the lazy countries lose. Quite Fair! It is an exam and a competition. The guy who drink to the midnight fails the exam for sure. When your Westerners have one month holiday every year and enjoy happy family life, the Chinese people work everyday from 9 am to 9 pm. No pain, so do not complain no gain!
@@cuckoonut1208 The world before britsh colonization was just phenominal! The Mass murders and looters of the world has to be punished! This is called karma!
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multimillionaires.I pray that anyone who reads this will be successful in life
@@santusanturohit4832 At the moment america is threatening us with sanctions hence we are trying to please both sides in order to develop as a country but we would wish to join BRICS
My wife and I did very well in the amount of money that we amassed for retirement. Well over 80% of that money averaging about $2 million was made because of taking advantage of buying high-end stocks at a deep discount during the Great Recession. 2009 I fired the stockbroker got rid of all mutual funds and bought individual dividend stocks. Be patient don't get scared and do your homework and you can make a killing
Well, the top players and pros have exclusive information and data paths that are not disclosed to the public. Knowing the strategies to use during this time is one thing and having the right information to execute them successfully is another.
@AlexanderWebber Thanks, could really use the recommendation, I've been losing a shit-ton lately, I will lookup Kaitlin and write her detailing my Fin-market goals
Doesnt have to be China yuan alone, the Indian Rupee would be alright too, the two nations of India and China have a lot of room for cooperation. And not using the dollar will help other countries' imports to be a lot less expensive too, only the US will be the loser.
@@miguel-h that may never happen. Fortunately for the West China never sees India as a partner.....Indian is always china's foe... The day Russia, China, India etc..come together......the western world's Asian Ship will sink for ever.
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
Inflation is over 8percent. The stock market is down 20% this year. Keeping my money in bank could be no good but inveesting is riskier, I wish to find better value deals as asset prices keep decreasing but lack the knowledge, mind if I look up your adviser? I admit this is the only way for amateurs like myself
WOW VERY DANGEROUS SIR! 😠😠BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
Palki Sharma is my favourite news journalist of all time. I love her dedication and hard work to her craft. She has reached an incredibly high standard of work and is a pleasure to watch.
@@gautamchoudhury7622 My partner agrees with me on her talent too lol. I have the most beautiful partner and 4 lovely children and am happy. I love Palki Sharma's skills without doubt and the incredible effort she has put in to become so great. There are many beautiful female news journalists, but none with Palki Sharma's skills and her magical tone of voice. She is beautiful but so are many other women beautiful, but for me my partner is the most beautiful woman on this planet. Maybe you should go and find a good woman. Beauty isn't everything. My partner has it all. I always wonder why people like you tell others who admire someone's skills that they like them because they are pretty? You have a weird mind set.
@no1youknowz News journalists work for a news broadcasting company and most of the time have to follow their bosses guidelines, so are not entirely free in delivering accurate info. For me Palki Sharma is the best
The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $250k is down to $192k any recommendations to scale up my returns during this crash will be highly appreciated...
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings..
@@tommychestnut5335 I agree, my prof!t have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser. I found her on a CNBC interview where she was featured and reached out to her afterwards. long stry shot, its been two years now and I’ve gained over $85ok following guidance from my investmnt adviser...
@@chrisbluebird5037 Even if you have a humongous income you still need to draw up futuristic plans because anything can happen. Investment cannot be overemphasized. The lady you mentioned how can i connect with her..
@@legacymedia8468 "Wendy Helene Bennett"’ does a good job. She is quite the genius in portfolio diversification. You can look her up on the web as she is SEC regulated.
Why is there a widespread desire to abandon the dollar? It is because when the Federal Reserve creates fiat money, it essentially takes away from the reserves of all countries holding dollars. Inflation not only affects consumers, but also anyone holding dollars. In essence, the dollar has enabled the systematic draining of wealth from nations without their awareness. Emitting fiat money is not necessarily harmful for countries as long as it is proportional to their GDP growth, since this means that they are capturing their own growth. However, the hegemon uses global GDP rather than national GDP for this purpose, which means it is stealing from the growth of other countries. Countries will only move away from the dollar if they are not concerned about facing sanctions or military retaliation. Thus, the anti-dollar trend is a consequence of poor governance and a decline in the hegemon's power.
The argument being made is that the scheme was deemed satisfactory by most nations as long as the hegemon fulfilled its role in providing leadership, promoting order, serving common interests, and demonstrating philanthropy towards the weak. However, it is apparent that these conditions have not been met for quite some time due to poor governance, excessive self-centeredness, and instances of mistreatment.
I think the whole world of real people need to come against the powers that be who are trying to destroy the whole world and the people. Killing them and making them slaves while they get richer off of the people's property.
Well weaponising the dollar has created this chaos. They wanted to crush Russia. But they did not even in their wildest dream expect this. Its a game of chess. It will be checkmate for the US.
@@rya6701 lol the only reason India kept about half a trillion USD worth of reserves is because of Oil. we import about 100B USD worth of crude oil every year and it can only be purchased using USD. This creates artificial demand for USD.
@@fwefhwe4232 who is talking about the reasons for holding dollars, The whole video is about the opposite. That is the reason for leaving them. Anyways, it is obvious that you guys needs to hold dollar not because you wanted, it is because you did not have an option.
*The US* 31 Trillions in red! With only 331 million population? That's reckless and utterly irresponsible The rest of the world must stop servicing America's debt. Decoupling $ is a starter. Pay off any IMF and world bank loans and never use it again and live within your mean.
Nice content! Few years back i was assistant to a wealthy pen artist and within the short period i worked with him i observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this i learned that the rich stay rich by investing.
i agree with this but the problem now is getting to make the right investments, Lots of people tend to lose their money while investing thereby making them lose interest and also end up discouraging other individuals around them.
@@BeatriceChamberlin So true, you prim king of bitcoin you! Now if only an honest stranger on the internet would tell me where to invest all my savings.
Excellent reporting. I agree completely. It is said that often times when a reserve currency is taken out and replaced, there is a major war. It took two world wars to remove the British pound ... maybe not this time, we can only hope.
I think war was here anyway. A dollar collapse would give the US problems at home to occupy itself. Anyway, like it or not, I think the dollar is finished and with it tolerance of US hybrid war and looting.
Perhaps, Chinese civilization can rise without a world war. The reasons WW1 and WW2 happened were due to the same civilization (Anglo-Saxon) believed that there is only one winner in this world and that there is only ONE GOD. Chinese people believed in harmony and there can be more than one winner and working together as a whole benefits humanity. Plus, Chinese cultures believed that there are many GODS, not just one. In addition, they also believed in human working with nature. But most importantly, they believed in PEACE AND DIPLOMACY NOT WARS.
Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 13 months and l've accumulated over $700K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a while now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
@@Aziz__0 I completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a popular economist on a popular forum. Long story short, it's been years now and l've gained over $850k following guidance from my investment advisor.
@Margaret My advisor is ‘’NICOLE DESIREE SIMON, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
US-China trade in goods hit a new record in 2022, according to data published by the US Bureau of Economic Analysis (BEA) last week. Total imports and exports grew 2.5 percent year-on-year to reach US$690.6 billion, breaking the previous record of US$658.8 billion set in 2018. This is just US. Add the rest of the West's trade, and it's over 1.5 trillion. All in $US. China is selling its US bonds to pay for its failing internal loans. China is collapsing. It will be North Korea in 10 years.
@@jamierose4088 China is collapsing. China is selling its US bonds to pay for its failing internal loans. Really? No wonder USA needs to rally for more allies to confront China. India is just of of the QUAD 🤡
China and Russia are not same as Iraq or Libya. West will have to face much more consequences if it tries the same strategy they followed in Iraq or Libya with China or Russia 😂😂
@@sridharsundar100 that's true. we can see the USA's desperation because of that. if Russia or China didn't have nukes, the USA would be there already in search of _"weapons of mass destruction"_
"It costs only a few cents for the Bureau of Engraving and Printing to produce a $100 bill, but other countries had to pony up $100 of actual goods in order to obtain one.":- Barry Eichengreen.
Straight to the point! Love from Pakistan . I like how you read. No drama ! We as Pakistani people are facing a lot due to rising inflation and therefore high dollar rate.
The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $401k worth of stocks?
@Lloyd Bernard Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@Curbalnk we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
@@roseroland1998 I have stayed away from all of the issues that the erratic market presents. Today, reading, research, patience, and seeking guidance when necessary are the greatest ways to break into the market. I merely copy KAITLIN ROSE STERNBERG a CFA, whose actions I witnessed on Bloomberg Business News because I am unable to handle my portfolio owing to the nature of my profession. Ever since, everything has been easy.
@@Curbalnk Thank you so much for this tip! Finding your coach was a breeze and I was really impressed with all the research I did on her credentials before scheduling a call. It's clear from her résumé that she's extremely knowledgeable and skilled, and I'm so excited to have the chance to talk to her!
Attention!!! Hell is real!!! Where will you go when you die??? If the rapture took place today, would you be left behind??? Jesus loves you and He died for your sins. Anyone who rejects Jesus Christ will not see the Kingdom of Heaven. Humble yourself to REPENT and put your faith in Jesus Christ as your Lord and Savior. Mark 1:15 For the Kingdom of God is at hand, repent and believe in the gospel.
All countries should trade and use their own currencies. I loved this idea much better. US dollars are not important or popular. Many countries have been thinking ahead and about their currency policy. Smart move.!!!
At this rate, it's best to take up hunting, at least some potatoes planting class, turn off the TV, and pray you don't get hit by an asteroid. Ditching the dollar is not going to help...
WOW VERY DANGEROUS SIR! !! 😠😠BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
Relax Palki. USD will be there even after your retirement. I am hearing the demise of USD for the last 50 years. Problem for China's Yuan is that nobody trusts China. That is a big problem. Trust is very, very important. I have some knowledge about finance. I hold a finance MBA from UK and also CPA designations from US and Canada.
This piece of news was way more objective when it involved China. I appreciate that you weren’t bashing China liked the Western irrational alliance. If you can continue with objective and unbiased reporting, I and many other people will flock to your channel. Thank you and I hope you or your staff will read this comment.
But you notice something?... Palki will not allow China alone in the limelight (i.e. the main topic - many nations using RMB or Yuan currency) ... she interjects Indian Ruppees into the conversation! hahaha
Attention!!! Hell is real!!! Where will you go when you die??? If the rapture took place today, would you be left behind??? Jesus loves you and He died for your sins. Anyone who rejects Jesus Christ will not see the Kingdom of Heaven. Humble yourself to REPENT and put your faith in Jesus Christ as your Lord and Savior. Mark 1:15 For the Kingdom of God is at hand, repent and believe in the gospel...
I agree with palki. So. Everyone in. USA. Should invest in some portions in bitcoin at least. Before the. Collapse of the dollar 💵 it. Definitely happening !!!
We are currently in the jaws of the worst bear markets I have seen, the average stock has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this bear market?
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival
@@Isaacmeide These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
@@vivianecardoso0 It's a good time to buy and basically I've just got cash sitting duck in the bank and I'd really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up
Prophecy of America from the bible. God will end America's hegemony and reign over the world by destroying the dollar. Daniel 7:4 New King James Version The first was like a lion, and had eagle’s wings. I watched till its wings were plucked off; and it was lifted up from the earth and made to stand on two feet like a man, and a man’s heart was given to it. Daniel 7:12 New King James Version As for the rest of the beasts, they had their dominion taken away, yet their lives were prolonged for a season and a time.
@@Smiley66833 Who ever heard any American said about Philippines "our brothers". May be a military base and port in preparation for conflict of world dominance with China.
@@Smiley66833 Philippines couldn't stand up against China and had to resort forging closer ties with the US. The previous Filipino president said that the US wanted to use Philippines to fight against China
It is NOT so simple. There are COSTS to internationalizing a currency. Not only it is very expensive administratively, you lose CONTROL of the currency. Speculative attacks on the currency is very real if your economy is NOT strong. Also you need both HARD power & SOFT power to ensure other countries support your international curreny.... and that is NOT cheap!!!
Brazil can switch Right to Left, and it doesn’t matter: BRICS rolls ahead in all its manifestations. People emphasize what China wants, but of course, Brazil wants out of using USD, as do many other nations. China will support settlements with the India Rupee. All the BRICS nations have a vision of a multipolar world, as opposed to a vision of a bipolar world where US hegemony faces one competitor. BRICS is a vision of distributed leadership and financing, across many countries.
I'm shocked that the UK, New Zealand and Israel are looking to move away from the dollar too, as Aristotle Onassis said "I have no friends and no enemies - only competitors."
"I'm shocked that the UK, New Zealand and Israel " This is a fantasy. Worse, it doesn't even mean anything, so the poster isn't even genuine. NZ, to pick one, has its own currency, and the government there in no way controls or dictates the fx used for trade. Utter bs.
I like what I'm seeing and hearing Real for Brazil, Rubbles for Russia, Rupees for India,, Renminbi for China and Rand for South Africa, was it coincidence, the Five R's is now taking over the world
Yuan will be the competitor for the US dollar. I mean, they're the factory of the world and their imports are increasing as well. I can see a lot of nations opting for the yuan
You can print as much as you like if it is backed up by Gold or other Commodities . That will hold the value of Ur currencies . But if you dun , no one will accept Ur currency eventually. The USD will be used at the uSA only one day .
Attention!!! Hell is real!!! Where will you go when you die??? If the rapture took place today, would you be left behind??? Jesus loves you and He died for your sins. Anyone who rejects Jesus Christ will not see the Kingdom of Heaven. Humble yourself to REPENT and put your faith in Jesus Christ as your Lord and Savior. Mark 1:15 For the Kingdom of God is at hand, repent and believe in the gospel...
if you understood the economy a little, you would understand that they will not be able to achieve something like this - there are some economic laws that these countries cannot respect it !!
Brazil, China, India, Russia and South Africa are a very strong alliance Brazil is a giant of agriculture, China of technology Russia is a giant in energy, oil, gas and others. there is still india, a power and affection from the south that has a lot of raw material.
As a Hindu and Indian I'm totally with China. Cos unlike India, China has a very very clear vision and a plan to achieve that vision. Our temples are great but modern times require modern solutions and China has it.
It's a very good move by some countries to transact trade in their own currencies & avoid US dollars. Once for all US's domination in world trade with their fiat currency of dollars needs to be challenged as it appears the exchange value of its intrinsic value is in serious doubt as the US Fed keeps on printing massive amounts of dollars to suit it's selfish interests & the real intrinsic value of dollar today is in serious doubt & hence it is in the best interests of the countries to arrive at appropriate exchange rates with its trading & in some cases even go for "Barter" system depending upon demand -supply of goods & services. As it is USA's debt to GDP ratio is more than 100 percent & among the highest in the world & that way also it is exporting inflationary value on it's dollars doing trade with other countries which is not favourable to its trading partners...
@@carollen5601 Due to economic sanctions by USA , Iran is engaged in barter system of trade with Thailand which they claim to be beneficial for both Iran selling crude oil for Rice from Thailand. Similarly many smaller countries are engaged beneficially in such trade like Singapur & Malaysia and some countries in the African continent...
@@josephjohn2095 /// God bless the old and proven bartering system. It's a fair one, when considering it makes some smaller countries' economy sustainable. Some countries like Canada have all the resources they need, they can become a bartering system if they wanted to. However, Canada is viewed as a little brother to USA. Hopefully Canada can also join BRICS. and leave USA fix their own problems, they made this economic mess so, I'm not placing all my eggs in one basket.
@@carollen5601 Yes madam barter system of trade is a real boon under the present political climate where USA behaving like world's policeman dictates terms to suit their interests & impose economic sanctions which becomes unbearable for smaller countries to survive. Ofcourse Canada is an exception as it is joined at the hips with USA & it's the 2nd biggest country after Russia with massive untapped & unexplored mineral wealth & other economic resources & it can take care of itself but not the smaller nations which are still developing & others which are struggling for development and for them this barter system of trade can come handy 🙏🙏🙏
@@josephjohn2095 /// Thank you for your reply Joseph, you know maybe some day all will find themselves on a barter system. I'd like to go back to 1920's Somehow I belong there it seems; I love everything about that era. Take care.
For Brazil, BRICS served three significant functions: It reinforced its identity as a rising power in economic and political terms. It catalyzed more robust trade relations with emerging economies. It provided a safe space for Brazil to interact with China as equals. 1:16 [NIICE Org]
Also note that India-China trade is +100 billion and India will not be happy for Yuan as the trade is highly imbalanced in China's favour. So, it'll not be that easy for China to ditch dollar overnight.
Countries all over the world won't have a choice but to ditch the dollar overnight after it collapses or hold onto worthless paper as that's in the works by design by US oligarchs.
India shud do more than just bragging. Balance up your trade with China . 160 countries having largest trade with China . The latter is the Manufacturing machine. The world is lucky to have China to provide all the necessities at a reasonable price that keep all Alive. China also have huge reserves n Gold plus Commodities to back up its Currencies. U never be worried to keep the Yuan as it will not collapse . On top the PBoC is competent enough not to let their yuan be attacked by the hawkish n irresponsible USA. The Fed is trying to kill others economy with their financial policy. What choices does India have ? It definitely better to accept the Yuan than the USD at present. The EU is going to be looted more if they never shift from the USD.
Attention!!! Hell is real!!! Where will you go when you die??? If the rapture took place today, would you be left behind??? Jesus loves you and He died for your sins. Anyone who rejects Jesus Christ will not see the Kingdom of Heaven. Humble yourself to REPENT and put your faith in Jesus Christ as your Lord and Savior. Mark 1:15 For the Kingdom of God is at hand, repent and believe in the gospel...
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Do you think the US dollar has lost its sheen? Leave a comment and let us know.
Already did
Nope. Everything s still running on dollars the last time I checked.
@@MrCreative1777 yes dollar is the de facto global currency by a long margin but still not as dominant as it was like 5 years ago.
No, It will take time and sustained action. Ironically it is in the interest of the US that some amount of adjustment happens
Check value of USD against other currencies it looks strong enough.
The current situation is quite unusual. Inflation is causing the value of the US dollar to decrease, yet it's gaining strength when compared to other currencies, as well as assets like gold and real estate. Many individuals are flocking to the dollar due to their perception of its safety. Personally, I have concerns about the potential devaluation of my retirement savings, which amount to approximately $420,000, due to the significant inflationary pressures.
In my opinion, having a mentor is advisable. If you're unsure about finding an experienced mentor, but your understanding of the market is restricted, it appears to be a promising choice.
I suggest formulating a diversification strategy as constructing a strong financial portfolio has become more challenging post the onset of COVID. A coworker proposed the idea of enlisting the services of an advisor. I can personally attest to the success of this approach, having earned more than $120K with their guidance amidst the market turmoil. They employed defensive tactics to safeguard my portfolio and generate gains despite the market's fluctuations.
I've shuffled through a few advisors in the past, but settled with Laurel Dell Sroufe , her strategy is recession-proof, more specifically profit-oriented, and you'd most likely find her basic info on the net, simply research.
@@crystalcassandra5597 Thanks, I just googled Laurel and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.
Keep this in the back of your mind. There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do as well. This can be accomplished by hiring a knowledgeable specialist whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.
With the assistance of an investment advisor, I was able to diversify my $401k portfolio across multiple markets, earning over $980k in net profit from high dividend yielding stocks, ETFs, and bonds in just a few short months.
@@darnellcapriccioso Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.
@@darnellcapriccioso She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
Collapse is generous 1st time in our history with a full generation that wasn't taught finacial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, invessting is the only way most people will ever have enough money to retire.
That's why I make it a point to speak with a financial counselor before choosing any investments. I've been using one since the pandemic. using profit-oriented tactics and minimizing risk as a buffer against inevitable downtrends. In addition, they have access to insider knowledge and analysis, making failure virtually impossible for them. I made almost $700K after working with an advisor for over two years.
@@elliot985 This sounds really interesting. I've been thinking of pulling out my money too. Could you recommend who your advisor is? I could really use some help.
@@BeatrizGomes196 Finding financial advisors like LAURA MARIE RAY who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Three years ago, nobody could have foreseen the current state of the U.S. dollar. The U.S. continues to repeat the same mistakes that have led to the dollar's current situation. As a result, there's no guarantee that the dollar's future will be as bright as it's hoped to be.
I consult a financial coach before investing. During the pandemic, I employed profit-focused strategies and risk minimisation, leveraging their insider knowledge and analysis. Working with Stacey Lee Decker as my coach for over three years, I've generated around $750k in earnings.
@@VickyAlvy After reading your insights, I researched her full name and found her online webpage. Unfortunately, my portfolio took a significant hit, so holding it longer seems unwise. However, I've heard of others making significant returns during this downturn, which is encouraging.
America and American dollar power is disaster for rest of the world... America defence and economic power is slowly slowly contractility...
Tired of wars, sanctions, and being controlled. Countries are waking up to reality.
Lol, people are saying does things since Abraham the Prophet. 😂
They are like a coughed pizza - there are little pieces all over the globe.
Ok thats right then there people should go running to china as illegal immigrants instead running to the US and europe.Let china deal with them as illegals.
WOW VERY DANGEROUS SIR! !! 😠😠BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
Modi is a Sunni infidel say masa eating with your fingers India rupee sticky fingers seven shock ma as
This is called as true journalism.. No unwanted tension music.. Just straight to the POINT.. ❤
Can you just comment on the clip and stop spamming here?
There are 2 channels. Mouthpiece of govt.
Also wrong
This is a western propaganda channel
@@newbeginning1510 telling the truth is called "Propaganda' in EU
😂😂😂
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In Feb. alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun.. Lloyd Bernard
According to certain economists, it's possible that the U.S. and certain parts of Europe might experience a recession at some point in 2023. Although a global recession, which is characterized by a decline in annual global per capita income, is relatively uncommon due to the faster growth rates of emerging markets like China, in comparison to developed economies. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to $250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?
We must consider safer investments with promising returns in order to plan for the future. If you approach investing with a five-year perspective and simply DCA whenever you receive a check. Under the direction of my investment advisor, "Deborah Sue Bohn", whose expertise in portfolio diversification is unsurpassed and client-focused, my portfolio has gained almost $643k since January 2022.
@@Natalieneptune469 hello, how do i find the lady you just mentioned?
@@Natalieneptune469 Thanks for sharing, I just looked her up online and I would say she really does have an impressive background on investing.
The Fed keep raising interest rate - it doesn’t solve the problem- talk about not knowing what they re doing
Yes, the BRICS countries should only use their own currencies instead of the US$.
And by an amazing coincidence, all these currencies start with the letter "R".
Real - Brazil
Ruble - Russia
Rupee - India
Renminbi - China
Rand - South Africa
How will the US pay for foreign oil, if they don't accept the US dollar
The new currency will be called the 5R or R5
@@theartofwanderlust Thats a nice question . But then in the short term and longer term US will be fucked. Their monopoly will end. And thats a new beginning for humanity
@@theartofwanderlust they will purchase foreign currency and their currency would depreciat further.
@@theartofwanderlust The US have many resources. They too have oil, gas, coal, green energy, etc. There are not only 6 other countries in this world. Those BRICS+ countries will wake up someday to find out that they really are not indispensable. The US survived when they were not there. The US will survive even when they're gone.
I wish our news stations were like this, straight to the point,no nonsense reporting!!
It’s call a western media for a reason to uphold those propaganda 🇬🇲
WOW VERY DANGEROUS SIR! 😠😠BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
Lol. Some of this is just propaganda.
They are dummy just watch the right ones
What we're seeing honestly is the REAL reason the U.S. is so obsessed with Ukraine. They figure that if they can somehow take back Crimea, completely block Russia in militarily/ports and collapse them, the dollar and American power hegemony will survive (as they feel that Russia is a critical piece to allowing any alternative to rise). If Russia wins now, and the world grows tired of America's aggressive efforts, it's over. Hence why the U.S. government is so fanatically sacrificing money, equipment and technology, risking brinksmanship in the process. In all likelihood either America or Russia will be destroyed as a power by this proxy war, in terms of influence and economically. And the way it looks at the moment, it will be America since the world is wary of the warmongering.
America as we know it is finished. All indications point to 2023 being a year of severe economic pain across the country. Put that money to work right away to make it grow. I knew I had to make an investment. I never imagined that a few thousand dollars per month would add up. However, it is. I've made around $600,000 since 2020...
@thelastunicorn1987 If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Because their entire skill set is based on going long and short at the same time, they employ a profit-driven strategy based on individual risk tolerance...
@Patricia Martin -How can I get in touch with Stacie? What are her offerings? Is she verifiable? Do you believe she can assist me? I am from Canada...
WOW VERY DANGEROUS SIR! 😠😠BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
Not really. 60000 usd gdpp. That's just amazing.
Lol at this dumb thread and anyone who believes it
Well the #1 reason why the world is de-dollarizing is because America has a $31 trillion national debt that can never be repaid. Put on your geopolitical thinking cap on.
Yep the world is subsidising the US right now as there is a never ending demand for dollars owing to the petro dollar system, this also allows the US to keep printing money and is what china is hoping to break.
Have you ever wondered why all countries in the world are in debt? And the richest of them have the latgest debt? For example, it's considered that Singapore is the richet ASEAN country, based on their GDP. Yet they have the largest debt among the ASEAN Countries. The USA, China and Japan, are among the richest in the world, and they are on top of the most indebted countries in the world. Have you ever wondered?
I have $200 US in my wallet. That means, the US owed me $200 worth of goods. If I light a match and burn that dollar, the US no longer owe me anything.
So, if the BRICS dedollarize and never spent that dollar by buying American products, the US will be more than happy.
It's written in the dollar. That piece of paper is a legal tender and recognized by the US. Dedollarize? How will you dedollarize? By not using that dollar?
Before 1971, the US will exchange your dollar for gold, solid gold. Now you must buy their product by paying them the dollar. If you don't want them to pay by the dollar, instead you pay them with the 5R, will they accept it? You are lucky if they do!
@@corneliopascasio2172 😂😂😂 why I buy American product? When there is available from BRICS with cheap price🤣 they have no choice to devalued their currency and accept 5R🤣🤣🤣
Much needed change and this is the only way to stabilise world. Every country has the right to do what’s best for them and solve their issues. World is sick and tired of bullying, currency sanctions, democracy propaganda and every kind of nonsense in the world created by America. More regional currency, trade pacts with multi polar world is the way to go
The world before the Wuhan pandemic was fine. The world before China entered the WTO was fantastic. It was a quality time.
Typical response China has existed for hundreds of years and no problems. The US has existed for 275 years and has gone to war with almost ever country.
@@cuckoonut1208 Ridiculous comment. The diligent country win, whereas the lazy countries lose. Quite Fair! It is an exam and a competition. The guy who drink to the midnight fails the exam for sure. When your Westerners have one month holiday every year and enjoy happy family life, the Chinese people work everyday from 9 am to 9 pm. No pain, so do not complain no gain!
@@cuckoonut1208 The world before britsh colonization was just phenominal! The Mass murders and looters of the world has to be punished! This is called karma!
The future is EURASIA . The future is BRICS 👍.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multimillionaires.I pray that anyone who reads this will be successful in life
People prefer to spend money on liabilities, Rather than investing in assets and be very profitable.
You are so correct. Save. Invest and spend for necessities and a few small luxuries relatives to total assets ratio 💯💯💯💯💯💯💯💯💯
you guys are right Fx trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between
to be a successful person in life require him or her of hard work and times.
Talking abot been successful. I know I am blessed if not I wouldn't have met someone who is as spectacular as Mrs Melissa price MP
You are right Palki. Even in Kenya. President just announced oil will be imported in Kenyan shillings for 6 months
Just wait for the first time that the shilling goes on a roller coaster.
Will Kenya join BRICS?
@@santusanturohit4832 At the moment america is threatening us with sanctions hence we are trying to please both sides in order to develop as a country but we would wish to join BRICS
Good
@@TomKuria-m9hBe strong be united support your government maintain law and order we all have to work together to fkk America
Most countries should switch currency. America has abused the dollar for decades.
BRICS. Potrà sopravvivere e prosperare solo se terrà lontane tutte le religioni causa di tutte le crociate e guerre....
Perfectly said 👍👍
Sanctions are other reason why they want to get away from the system.
Why would the world want Indian rupees? What does India sell? Cow-pies??...😂
@@EroticOnion23 😅😅😅😅
My wife and I did very well in the amount of money that we amassed for retirement. Well over 80% of that money averaging about $2 million was made because of taking advantage of buying high-end stocks at a deep discount during the Great Recession. 2009 I fired the stockbroker got rid of all mutual funds and bought individual dividend stocks. Be patient don't get scared and do your homework and you can make a killing
Well, the top players and pros have exclusive information and data paths that are not disclosed to the public. Knowing the strategies to use during this time is one thing and having the right information to execute them successfully is another.
I've lost a ton just hanging on so I can bounce back I really need help, so who is this investment advisor guiding you?
trump wouldn't allow the US dollar to get to this
@AlexanderWebber Thanks, could really use the recommendation, I've been losing a shit-ton lately, I will lookup Kaitlin and write her detailing my Fin-market goals
Doesnt have to be China yuan alone, the Indian Rupee would be alright too, the two nations of India and China have a lot of room for cooperation. And not using the dollar will help other countries' imports to be a lot less expensive too, only the US will be the loser.
BRICS..India is apart of it along with Russia and china
The India-China alliance is truly a sleeping giant. It just needs to be awaken.
Doubt it will ever awaken, it can happen , only if china stops it's aggressive policies
@@miguel-h that may never happen. Fortunately for the West China never sees India as a partner.....Indian is always china's foe... The day Russia, China, India etc..come together......the western world's Asian Ship will sink for ever.
It won't happen you truly underestimate the power The United States projects across the globe. You want a communist-socialist world?
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
Inflation is over 8percent. The stock market is down 20% this year. Keeping my money in bank could be no good but inveesting is riskier, I wish to find better value deals as asset prices keep decreasing but lack the knowledge, mind if I look up your adviser? I admit this is the only way for amateurs like myself
credits to Eleanor Annette Eckhaus, one of the best portfolio manager;s out there. she;s well known, you should look her up
WOW VERY DANGEROUS SIR! 😠😠BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
I was just thinking about how much I missed her reporting yesterday. Glad to have found this channel!
Well She has resigned from Wion to have joined CNN NEWS 18 India as seen.
Palki Sharma is my favourite news journalist of all time. I love her dedication and hard work to her craft. She has reached an incredibly high standard of work and is a pleasure to watch.
Thumps up, even though you are kissing up to the same sexy woman.
You like her because she is pretty
no to her bias... india is pro russia
@@gautamchoudhury7622 My partner agrees with me on her talent too lol. I have the most beautiful partner and 4 lovely children and am happy. I love Palki Sharma's skills without doubt and the incredible effort she has put in to become so great. There are many beautiful female news journalists, but none with Palki Sharma's skills and her magical tone of voice. She is beautiful but so are many other women beautiful, but for me my partner is the most beautiful woman on this planet. Maybe you should go and find a good woman. Beauty isn't everything. My partner has it all. I always wonder why people like you tell others who admire someone's skills that they like them because they are pretty? You have a weird mind set.
@no1youknowz News journalists work for a news broadcasting company and most of the time have to follow their bosses guidelines, so are not entirely free in delivering accurate info. For me Palki Sharma is the best
The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $250k is down to $192k any recommendations to scale up my returns during this crash will be highly appreciated...
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings..
@@tommychestnut5335 I agree, my prof!t have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser. I found her on a CNBC interview where she was featured and reached out to her afterwards. long stry shot, its been two years now and I’ve gained over $85ok following guidance from my investmnt adviser...
@@chrisbluebird5037 Even if you have a humongous income you still need to draw up futuristic plans because anything can happen. Investment cannot be overemphasized. The lady you mentioned how can i connect with her..
@@legacymedia8468 "Wendy Helene Bennett"’ does a good job. She is quite the genius in portfolio diversification. You can look her up on the web as she is SEC regulated.
@@chrisbluebird5037 Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.
Why is there a widespread desire to abandon the dollar? It is because when the Federal Reserve creates fiat money, it essentially takes away from the reserves of all countries holding dollars. Inflation not only affects consumers, but also anyone holding dollars. In essence, the dollar has enabled the systematic draining of wealth from nations without their awareness. Emitting fiat money is not necessarily harmful for countries as long as it is proportional to their GDP growth, since this means that they are capturing their own growth. However, the hegemon uses global GDP rather than national GDP for this purpose, which means it is stealing from the growth of other countries. Countries will only move away from the dollar if they are not concerned about facing sanctions or military retaliation. Thus, the anti-dollar trend is a consequence of poor governance and a decline in the hegemon's power.
The argument being made is that the scheme was deemed satisfactory by most nations as long as the hegemon fulfilled its role in providing leadership, promoting order, serving common interests, and demonstrating philanthropy towards the weak.
However, it is apparent that these conditions have not been met for quite some time due to poor governance, excessive self-centeredness, and instances of mistreatment.
I think the whole world of real people need to come against the powers that be who are trying to destroy the whole world and the people. Killing them and making them slaves while they get richer off of the people's property.
Well weaponising the dollar has created this chaos. They wanted to crush Russia. But they did not even in their wildest dream expect this. Its a game of chess. It will be checkmate for the US.
@@rya6701 lol the only reason India kept about half a trillion USD worth of reserves is because of Oil.
we import about 100B USD worth of crude oil every year and it can only be purchased using USD. This creates artificial demand for USD.
@@fwefhwe4232 who is talking about the reasons for holding dollars, The whole video is about the opposite. That is the reason for leaving them. Anyways, it is obvious that you guys needs to hold dollar not because you wanted, it is because you did not have an option.
Countries waiting for IMF bailout can't come out of dollars. IMF and world bank will use the debt trap to blackmail. Example: Sri Lanka and Pakistan.
Pakistan kinda dig their own Graves tbh...
The IMF too will be replaced. Most of the reason it's needed is US policy.
It was never a debt trap & Blackmail is a wrong word. You are a bitter fool.
They don't make much of global trade
*The US*
31 Trillions in red! With only 331 million population? That's reckless and utterly irresponsible
The rest of the world must stop servicing America's debt. Decoupling $ is a starter. Pay off any IMF and world bank loans and never use it again and live within your mean.
Crypto currency will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% of my investment
The one thing about being successful is working towards it and not the other way around
Greetings from Georgia, how much is okay for a start?
The world is waking up 😊😊😊
As an American. Dump the Dollar. This country needs some lessons.
Girl I swear it does 😂
Nice content! Few years back i was assistant to a wealthy pen artist and within the short period i worked with him i observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this i learned that the rich stay rich by investing.
i agree with this but the problem now is getting to make the right investments, Lots of people tend to lose their money while investing thereby making them lose interest and also end up discouraging other individuals around them.
@@BeatriceChamberlin So true, you prim king of bitcoin you! Now if only an honest stranger on the internet would tell me where to invest all my savings.
Excellent reporting. I agree completely. It is said that often times when a reserve currency is taken out and replaced, there is a major war. It took two world wars to remove the British pound ... maybe not this time, we can only hope.
Just to remove printed paper with pictures of dead people will kill billions of people third world war is the END!!!
The opressor will not allow to change the reserve currency
I think war was here anyway. A dollar collapse would give the US problems at home to occupy itself. Anyway, like it or not, I think the dollar is finished and with it tolerance of US hybrid war and looting.
Perhaps, Chinese civilization can rise without a world war. The reasons WW1 and WW2 happened were due to the same civilization (Anglo-Saxon) believed that there is only one winner in this world and that there is only ONE GOD. Chinese people believed in harmony and there can be more than one winner and working together as a whole benefits humanity. Plus, Chinese cultures believed that there are many GODS, not just one. In addition, they also believed in human working with nature. But most importantly, they believed in PEACE AND DIPLOMACY NOT WARS.
@@fitforweekend he has no choice.
US is like : Oh our banks are falling, Print money in billions.
Inflation : 😒😒
Wait a few years and we will talk.
launched like a rocket.
@@srinivasramanujan4354 Who is gonna be alive in a few years to talk???
@@antoniosdimoulas3566 Communication with the soul would have been possible.
@@Saurabh_Utter-Pradesh😂
Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 13 months and l've accumulated over $700K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a while now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
@@Aziz__0 I completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a popular economist on a popular forum. Long story short, it's been years now and l've gained over $850k following guidance from my investment advisor.
@Margaret My advisor is ‘’NICOLE DESIREE SIMON, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@@2024Red-j5t NICOLE DESIREE SIMON is a world class scammer and cannibal. She will drain your bank account and then eat you.
“The key to making money in stocks is to not get scared out of them.” Peter Lynch
de-dollarisation is eminent.
yeah and so as other fiat currencies
yeah good luck with that lmao
and no-rupeerisation is also imminent
@@johnraviella6561thank you lmao...
As an American it’s saddening but I’ll gladly sacrifice my country in order to save the world
It is a revolutionary idea for local currency☺☺👏
"the dollars downfall though has begun".... Palki has a way of making things clear. NO sugarcoating!
Palki Sharma always brings happy news 🎉👏. Thank you.
The news isn't always happy, yet I can see why you would be happy to see such a physically attractive woman with an attractive voice.
@KinKin ?!
She has joined the GODI MEDIA? SAD & BAD FOR HER FUTURE ENDEAVORS?
@@humiliated_by_auberle porky is slang for pakistani Muslims who love pork😂😂
Why did she leave Gravitas?
Never thought I'd live to see this day
Never says Never!!!
You won’t
We Need a Global Currency Based on Production, Trade, Goods and Services... NOT Debt, Taxation and Warfare.
2022 China-Brazil trade was 150B$, almost 3/4 of China-Russia. Not bad at all.
India-Brazil target was 15B$.
India China should also start Ruppee RMB trade our trade is 125 billion dollars
@@jigsaw2281 India isn't grown that level yet .. the reality that china is far ahead than India
US-China trade in goods hit a new record in 2022, according to data published by the US Bureau of Economic Analysis (BEA) last week. Total imports and exports grew 2.5 percent year-on-year to reach US$690.6 billion, breaking the previous record of US$658.8 billion set in 2018.
This is just US. Add the rest of the West's trade, and it's over 1.5 trillion.
All in $US. China is selling its US bonds to pay for its failing internal loans. China is collapsing.
It will be North Korea in 10 years.
@@jamierose4088 China is collapsing. China is selling its US bonds to pay for its failing internal loans. Really?
No wonder USA needs to rally for more allies to confront China. India is just of of the QUAD 🤡
@@srinivasramanujan4354 🤣🔥
iraq and libya were destroyed because of this...
Right
cant wait to hear US saying "want some freedom"? to entire world lol
China and Russia are not same as Iraq or Libya. West will have to face much more consequences if it tries the same strategy they followed in Iraq or Libya with China or Russia 😂😂
@@sridharsundar100 Agreed. The west is underestimate Russia, China, Iran, India and the BRICS.
@@sridharsundar100 that's true. we can see the USA's desperation because of that. if Russia or China didn't have nukes, the USA would be there already in search of _"weapons of mass destruction"_
This's very very good for the world no one country should dictate the world 👏
China don't want to replace the dollar, China want to replace the dollar with currencies for every country.
True. They won't be dictating no more.
Do you think china will not dictate the world? As we see china is a greedy country . And love to bully some smaller countries 😢
China will be soon
You're intelligent, I'm impressed, beautiful analysis.
"It costs only a few cents for the Bureau of Engraving and Printing to produce a $100 bill, but other countries had to pony up $100 of actual goods in order to obtain one.":- Barry Eichengreen.
Straight to the point! Love from Pakistan . I like how you read. No drama ! We as Pakistani people are facing a lot due to rising inflation and therefore high dollar rate.
👏👏 the world is waking up and finally seeing this place for what it really is wicked
I knew it was all a matter of time. SMH..
Dollar is used as a weapon . Sanction, freezing assets ( Swift playing games ) have made the world look for alternatives.
The world has been looking for an alternative for decades, the dollar may decline a bit but it’ll more then likely stay on top for a long time…
The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $401k worth of stocks?
@Lloyd Bernard Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@Curbalnk we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
@@roseroland1998 I have stayed away from all of the issues that the erratic market presents. Today, reading, research, patience, and seeking guidance when necessary are the greatest ways to break into the market. I merely copy KAITLIN ROSE STERNBERG a CFA, whose actions I witnessed on Bloomberg Business News because I am unable to handle my portfolio owing to the nature of my profession. Ever since, everything has been easy.
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Attention!!! Hell is real!!! Where will you go when you die??? If the rapture took place today, would you be left behind??? Jesus loves you and He died for your sins. Anyone who rejects Jesus Christ will not see the Kingdom of Heaven. Humble yourself to REPENT and put your faith in Jesus Christ as your Lord and Savior. Mark 1:15 For the Kingdom of God is at hand, repent and believe in the gospel.
All countries should trade and use their own currencies. I loved this idea much better. US dollars are not important or popular. Many countries have been thinking ahead and about their currency policy. Smart move.!!!
Very smart move. ..
Changes must happen and will happen not only in currency in every sphere.....not easy to digest immediately but get used to it in long run....
At this rate, it's best to take up hunting, at least some potatoes planting class, turn off the TV, and pray you don't get hit by an asteroid. Ditching the dollar is not going to help...
@@danhtran6401 right on
@@danhtran6401 it's gonna help ..they nolonger be able to use it aas a weapon😂😂
@@lemont64 weapon?... You mean they keep begging for more loans.... 😂...silly comment...
WOW VERY DANGEROUS SIR! !! 😠😠BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
BRICS currency pilot project is on August 15. This will accelerate the process.
Yes Most needed Also a BRICS alternate to the Swift payment system
@@coolkal7590 definitely. We can not hv monopoly
Relax Palki. USD will be there even after your retirement. I am hearing the demise of USD for the last 50 years. Problem for China's Yuan is that nobody trusts China. That is a big problem. Trust is very, very important. I have some knowledge about finance. I hold a finance MBA from UK and also CPA designations from US and Canada.
This piece of news was way more objective when it involved China. I appreciate that you weren’t bashing China liked the Western irrational alliance. If you can continue with objective and unbiased reporting, I and many other people will flock to your channel. Thank you and I hope you or your staff will read this comment.
But you notice something?... Palki will not allow China alone in the limelight (i.e. the main topic - many nations using RMB or Yuan currency) ... she interjects Indian Ruppees into the conversation! hahaha
China ruined many lives with the pandemic world wide. An apology will be enough. Until then, no.
Paliki is so racist and always have been.... She's so woke She probably sleeps w blinker
@@offiz So? The news piece was not about China, it was about countries using alternate currencies. That includes Yuan and Rupee
Attention!!! Hell is real!!! Where will you go when you die??? If the rapture took place today, would you be left behind??? Jesus loves you and He died for your sins. Anyone who rejects Jesus Christ will not see the Kingdom of Heaven. Humble yourself to REPENT and put your faith in Jesus Christ as your Lord and Savior. Mark 1:15 For the Kingdom of God is at hand, repent and believe in the gospel...
Good decision by Indian governments about Indian currency
I agree with palki. So. Everyone in. USA. Should invest in some portions in bitcoin at least. Before the. Collapse of the dollar 💵 it. Definitely happening !!!
We are currently in the jaws of the worst bear markets I have seen, the average stock has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this bear market?
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival
@@Isaacmeide These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
@@vivianecardoso0 It's a good time to buy and basically I've just got cash sitting duck in the bank and I'd really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up
credits to ISABEL LINDA DUERI, one of the best portfolio manager;s out there. she;s well known, you should look her up
Prophecy of America from the bible. God will end America's hegemony and reign over the world by destroying the dollar.
Daniel 7:4 New King James Version
The first was like a lion, and had eagle’s wings. I watched till its wings were plucked off; and it was lifted up from the earth and made to stand on two feet like a man, and a man’s heart was given to it.
Daniel 7:12 New King James Version
As for the rest of the beasts, they had their dominion taken away, yet their lives were prolonged for a season and a time.
This is where u are . Wonderful ✌🏿 ✌🏿
Meanwhile, the Philippines decided to take 10 steps back and fully pivot towards a very pro-US policy.
Philippines likes to look up to brother America. God bless you, Philippines!
Hope you made sound decisions.
@@Smiley66833 Who ever heard any American said about Philippines "our brothers". May be a military base and port in preparation for conflict of world dominance with China.
@@Smiley66833 The worst one they've ever made in this decade.
@@Smiley66833 Philippines couldn't stand up against China and had to resort forging closer ties with the US. The previous Filipino president said that the US wanted to use Philippines to fight against China
Marcos hands are tied. His comrades are USA pro. He is weak. Filipinos will suffer if they lose China economy support.
Its about time the world dumps the evil dollar!!
A more evil system is coming.
Palki Sharma, you are a gem. No unfounded info, just facts.
Glad I found you! Glad to see your Still doing true journalism, for the people!!
Indian gov should use this as opportunity to gain dominant international presence of rupee
😂😂😂that fucked up currency
India is another Rothschild puppet nation
@@NM21375 watch continuously everything going to change very soon😂
@@Arabi-Rasgulle-ka-Gulla shut up noob
It is NOT so simple. There are COSTS to internationalizing a currency. Not only it is very expensive administratively, you lose CONTROL of the currency. Speculative attacks on the currency is very real if your economy is NOT strong. Also you need both HARD power & SOFT power to ensure other countries support your international curreny.... and that is NOT cheap!!!
Brazil tried in 06 and 2011 it failed miserably.
God Be the Glory.
Lady reporter How beautiful are the feel of those who bring good news!
The Dollars down fall though has began. Palkiii ❤❤❤
It's alright as long you pay your debt accordingly and responsibly.
Strongly support BRICS!!
If they can arrange 5-6 such currency by creating a trade web, it would put a check mate to dollar 💵💰.
Idiot.😂
We’re coming in the name of democracy don’t worry. Lol
@@seengod6710 America is coming in the name of regime changed to almost every countries they dislike .
@@seengod6710 Absolutely right
@@seengod6710 Yes you'll come and retreat, same like vietnam and Afghanistan 😂😂
I'm glad that palki is back 🎉
Thanks for keeping me informed.
Brilliant!
Ms Sharma,it's so nice to see you again ! Happy l stumped on your news platform🎉
Brazil can switch Right to Left, and it doesn’t matter: BRICS rolls ahead in all its manifestations. People emphasize what China wants, but of course, Brazil wants out of using USD, as do many other nations. China will support settlements with the India Rupee. All the BRICS nations have a vision of a multipolar world, as opposed to a vision of a bipolar world where US hegemony faces one competitor. BRICS is a vision of distributed leadership and financing, across many countries.
Exactly, greetings from Brazil 😗☕ 🇧🇷
@@Baianoh we want to ditch dollars
“The dollars downfall though has begun.” Why does this sound like a sweet song to my ears ❤
Im here for Palki❤
I'm shocked that the UK, New Zealand and Israel are looking to move away from the dollar too, as Aristotle Onassis said "I have no friends and no enemies - only competitors."
No honor amongst thieves...no love in the jungle...nature is red in tooth and claw.
The world have enough for u.s sanction and bully that's why the countries moving away dollar .
"I'm shocked that the UK, New Zealand and Israel "
This is a fantasy. Worse, it doesn't even mean anything, so the poster isn't even genuine.
NZ, to pick one, has its own currency, and the government there in no way controls or dictates the fx used for trade.
Utter bs.
I like what I'm seeing and hearing Real for Brazil, Rubbles for Russia, Rupees for India,, Renminbi for China and Rand for South Africa, was it coincidence, the Five R's is now taking over the world
1 more ... Riyal is Saudi currency!
@@offiz Likely to join BRICS soon
Like 5 eyes ?
One of the modestly dressed news presenters now in India is Palki Sharma. Respect to you
Yuan will be the competitor for the US dollar. I mean, they're the factory of the world and their imports are increasing as well. I can see a lot of nations opting for the yuan
Chinese social credit coming to a nation near you! LOL!
Like ur buddy klaus
Chinese money is trash
good luck
The US govt told us that the Service Economy would be great and we could ship all of our manufacturing to China. Thanks
FYI, All Fiat Currencies are printed unlimited by all their respective Governments. This is a system of trust.
You can print as much as you like if it is backed up by Gold or other Commodities . That will hold the value of Ur currencies . But if you dun , no one will accept Ur currency eventually. The USD will be used at the uSA only one day .
And USA lost the trust
Attention!!! Hell is real!!! Where will you go when you die??? If the rapture took place today, would you be left behind??? Jesus loves you and He died for your sins. Anyone who rejects Jesus Christ will not see the Kingdom of Heaven. Humble yourself to REPENT and put your faith in Jesus Christ as your Lord and Savior. Mark 1:15 For the Kingdom of God is at hand, repent and believe in the gospel...
Palki Sharma is the best journalist today.
this is good move .. for anything dollar is keep increasing and rest all nations losing .. now all nations must use local currencies and ditch dollar
Hegemony of Dollar was Past. 🙌🏻
I PRAYYY
perfect news, background, history, global perspective, power politics.
I wake up this morning I was sick when I see this dollar collapse news I got recovered ,I'm not sick anymore haha ,I l9ve it
aren't you easy to please!?
@Hyquokka
NO,
I have seen American crime for the past 30 years
When I see the remedies that's the only time to get excited haha
Thank you for providing non fabricated news 👏🏿
if you understood the economy a little, you would understand that they will not be able to achieve something like this - there are some economic laws that these countries cannot respect it !!
The must needed move for the world
When you force people to an extent that they can't tolerate anymore, these things are bound to happen...
Not just US, but for every nation.
About time! The US has too many unfair advantages due to the dollar. Hope more countries ditch the dollar
Brazil, China, India, Russia and South Africa are a very strong alliance Brazil is a giant of agriculture, China of technology Russia is a giant in energy, oil, gas and others. there is still india, a power and affection from the south that has a lot of raw material.
It's about the time all nation start using their currencies to do trade, using US dollars in international trade
As a Hindu and Indian I'm totally with China. Cos unlike India, China has a very very clear vision and a plan to achieve that vision.
Our temples are great but modern times require modern solutions and China has it.
Lol, that's why china is cutting India water off from one of your river. Follow communist at your own risk.
Well done for an objective analysis. This is how the media of a major power should behave.
It's a very good move by some countries to transact trade in their own currencies & avoid US dollars. Once for all US's domination in world trade with their fiat currency of dollars needs to be challenged as it appears the exchange value of its intrinsic value is in serious doubt as the US Fed keeps on printing massive amounts of dollars to suit it's selfish interests & the real intrinsic value of dollar today is in serious doubt & hence it is in the best interests of the countries to arrive at appropriate exchange rates with its trading & in some cases even go for "Barter" system depending upon demand -supply of goods & services. As it is USA's debt to GDP ratio is more than 100 percent & among the highest in the world & that way also it is exporting inflationary value on it's dollars doing trade with other countries which is not favourable to its trading partners...
I wonder which countries will need a bartering system...
@@carollen5601 Due to economic sanctions by USA , Iran is engaged in barter system of trade with Thailand which they claim to be beneficial for both Iran selling crude oil for Rice from Thailand. Similarly many smaller countries are engaged beneficially in such trade like Singapur & Malaysia and some countries in the African continent...
@@josephjohn2095 /// God bless the old and proven bartering system. It's a fair one, when considering it makes some smaller countries' economy sustainable. Some countries like Canada have all the resources they need, they can become a bartering system if they wanted to. However, Canada is viewed as a little brother to USA. Hopefully Canada can also join BRICS. and leave USA fix their own problems, they made this economic mess so, I'm not placing all my eggs in one basket.
@@carollen5601 Yes madam barter system of trade is a real boon under the present political climate where USA behaving like world's policeman dictates terms to suit their interests & impose economic sanctions which becomes unbearable for smaller countries to survive. Ofcourse Canada is an exception as it is joined at the hips with USA & it's the 2nd biggest country after Russia with massive untapped & unexplored mineral wealth & other economic resources & it can take care of itself but not the smaller nations which are still developing & others which are struggling for development and for them this barter system of trade can come handy 🙏🙏🙏
@@josephjohn2095 /// Thank you for your reply Joseph, you know maybe some day all will find themselves on a barter system. I'd like to go back to 1920's Somehow I belong there it seems; I love everything about that era. Take care.
For Brazil, BRICS served three significant functions: It reinforced its identity as a rising power in economic and political terms. It catalyzed more robust trade relations with emerging economies. It provided a safe space for Brazil to interact with China as equals. 1:16 [NIICE Org]
Also note that India-China trade is +100 billion and India will not be happy for Yuan as the trade is highly imbalanced in China's favour. So, it'll not be that easy for China to ditch dollar overnight.
Countries all over the world won't have a choice but to ditch the dollar overnight after it collapses or hold onto worthless paper as that's in the works by design by US oligarchs.
Yes in this case they can settle in their local currency instead of the dollar.
@@VelThrishul Correct.
India shud do more than just bragging. Balance up your trade with China . 160 countries having largest trade with China . The latter is the Manufacturing machine. The world is lucky to have China to provide all the necessities at a reasonable price that keep all Alive. China also have huge reserves n Gold plus Commodities to back up its Currencies. U never be worried to keep the Yuan as it will not collapse . On top the PBoC is competent enough not to let their yuan be attacked by the hawkish n irresponsible USA. The Fed is trying to kill others economy with their financial policy. What choices does India have ? It definitely better to accept the Yuan than the USD at present. The EU is going to be looted more if they never shift from the USD.
Attention!!! Hell is real!!! Where will you go when you die??? If the rapture took place today, would you be left behind??? Jesus loves you and He died for your sins. Anyone who rejects Jesus Christ will not see the Kingdom of Heaven. Humble yourself to REPENT and put your faith in Jesus Christ as your Lord and Savior. Mark 1:15 For the Kingdom of God is at hand, repent and believe in the gospel...
very good news
What huge difference will this make when the all other fiat currencies are in the same boat essentially- broke
In USA Cash is going out circulation. Government only taking digital.
Yeah, they are trying to screw over the World. They are switching to CBDC to avoid taking responsibility for the printing trillions.
They are getting desperte lol 😆
China would do currency swap and won't replace dollar - reason of this is that it devalues it currency to make its goods cheap.
I say smart move!
The most reliable money $ USA 🇺🇸 $$💪