Is the US Dollar Dead? And The Era of RMB is Here?
Video Overview & Insights
Is the US Dollar Dead? And The Era of RMB is Here?
"all the world is a stage"
I'm here to tell you why it's crazy talk to think the US dollar will be dead and replaced by China's RMB.
Let me outline the details for you in this episode!
Fake news which never happen so far
#china #currency #usdollar
Timestamp:
Bro USD rules the world and it will for upcoming century and I know you are from China and that's why you are saying this and it's not your fault
00:00 Intro
01:17 Understanding China’s goal
I think that the dollar has one more Hurrah
Like when World War 3 breaks out or some major civil and rest Capital will flow to the dollar as a safe haven
Then the US will break apart due to Civil War
I prefer it happens after I die
03:52 Yuan is not a convertible currency
05:31 What about “PetroYuan?”
I like this self paralyzing channel. What is the reason why more and more countries are using RMB for settlement? It is the US credit that is collapsing. The US dollar has been issuing currency indiscriminately. It has been thinking of harvesting the world, Europe and Asia. When it finds that China is not fooled, it puts down its airs and comes to us. Yellen and Antony Blinken are asking to see Chinese leaders and hope that China can buy more US debt 🤣😂
07:02 So what is yuan?
09:05 Why not make it convertible?
Wow, this is a channel full of shit. He didn't know that Yellen and Antony Blinken were begging to meet Chinese leaders and hope that China would buy more US bonds
11:54 What makes the dollar so dominant?
13:50 Should you be worried?
The Dollar rules the financial universe. China can’t change that. The financial shocks that keep hitting the dollar haven’t shaken its role in the world economy. The reasons matter. The dollar may not be eternal. But it won’t be China that knocks it down.
More User Perspectives
No one is subscribing to this channel. Full of BS and so little views.
@TheRichLAAre Chinese citizen? Or a traitor for us, taiwanese??
@leanhock116Wow! I love your channel! It’s full of shit 😂
@summmmmmable😂😂 False thinking. USD is done, Countries use their own currency for trade (currency swap) so China don't need printing a lot of Yuan to dethrone USD😂. Corruption is most rampant in US, oligarchy control the government. China and Russia aren't Communist anymore, they are socialist 😊😊😊. I think this is a propaganda channel not a critical thinking channel.
@avil8686Great analysis Mr. Zhang; it looks like the CCP regime corruption and paranoia for controlling everything is destroying its RMB currency
@hiroshinagoya2469Usa is the biggest importer in the world and all transactions are in us dollars. Its either sell it to us in us dollars or dont sell. No country can afford not to sell as usa is their biggest customer. Not even russia, india, saudi etc. Not selling casuse labor lay off by the selling country. Lay off means instability means rebellion. Us dollars and euro are the only money used in kick backs a new one coming - bitcoin
@williamzabiski7653Fantastic I got to be the first to thank you for this information David!!!
@johnsykes3526