24 Countries Ditch US Dollar: What is Next?
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- Опубликовано: 21 май 2024
- Countries and regional groups are increasingly moving away from using the US dollar for trade. They are doing this to reduce their dependence on the dollar and to use a mix of different currencies instead. This change is part of a trend called de-dollarization. It aims to lower geopolitical risks and boost local economies by using their own currencies more. This shift is changing how international trade and finance work and could change the importance of the US dollar in the global economy.
In this video, we explore the countries that have partially or fully moved away from using the US dollar. We discuss their motivations and provide related information on their economic strategies. Additionally, we examine the de-dollarization efforts within the BRICS+ bloc, highlighting the significant steps taken by these nations to diversify their currency use in international trade.
Looks like the world has had enough of the US bullying
The Time of world domince of the US is defintily over. Also the Nato will collaps, many Nation have enough that the US Military is in Europe still present. Nobody in Europe needs the NATO only the US, for sell Weapon special Black Rock. The new Alliance will be only member from european countries include Russia. Russia is a countrie on the european contient. But the USA has to leave the continent.
I have a Communist Newsletter from 1981 it say the same thing. That America is overprinting to much money and that by 1985 American economy will crash and the US dollar will no longer be the World Reserve Currency.
Oh that President Ronald Reagan will be the last American President in history. LOL😊
Global crooks
China is the real bully. You cannot realize it at early until you trap. Realtalk.
DITCH THE $USDOLLAR !!! ASAP !!!
All their dollars can be gifted to Zelensky.
Than Zelensky can uses when he goes to the toilet.
@@bno5357 and his ass will full with germs 🤣🤣🤣🤣🤣🤣🤣
Exectly usa foreign reserve too gifted to 🤡 Zelesky lol 😆
The Americans had it too good for too long. The days of money printing is numbered. Printing money is like 'plucking' cash from a tree without working for it. That cannot happen and must end soon.
A criminal ,
USA dollars the Biggest Ponzi scheme in the world 😂
Cn also printing endlessly.
Good News..Yes for De Dollarization!
It's time for countries to move with the times and change with the future or be left behind!
Well done everyone! 👏👏👏👏👏😊
Dedolarisation is no longer an option but a mandatory step for nations to survive from immoral US sanctions presently or future. Why has to use USD for trade....
Correct
Go BRICS
I think every country should use their own currency when it comes to trade
but some countries currencies are banana notes, how ??
@@junkycable3Exactly, even China and India won’t do trade in rubles, they’re worthless outside of Russia. Same for the Turkish lira and the Argentina peso along with a couple dozen other currencies! That why countries like to trade in dollars and euros, they know they won’t lose half their value by the end of the year!
@@JimCOsd55 Rubles are backed by gold though?
😂if you didnt know they are trading in other currencies all the three china russia india@@JimCOsd55
👍👍👍
More countries will join .. dollars time is up ..
All independent countries should trade using currencies of the exporter countries or gold, regardless of the product. Never rely on currencies of a third country.
I love it.
Never thought I will see this day
By the Grace of God we both will see much more !
Power and Wealth has shifted to the East!
Good news for more countries to join BRICS.😊😊😊
Well explained.Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject .....Thanks to Kristy loreca, the lady you recommended me to.....
I always wanted to trade for a long time but the volatility price has been confusing.
That is true my dear, Investment is the best idea presently and without it, human struggles are worthless.
No doubt!! I never knew Kristy Loreca had gone viral. I decided to back up my assets and property with her when we met at a conference in New Jersey for the first time.
just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Is there anywhere I can get across this woman for a startup???
When travelling on holiday use direct exchange instead of going through any intermediate currency. This will reduce currency commission expenses.
What is direct exchange?
Even more countries will do away with the dollar this coming October with the BRICS 2024 summit in Russia, possibly with the announcement of the new BRICS currency to top of current CDBC digital currencies being launched by various nations. De-dollarization is unstoppable.
trade and war cannot mix, currency cannot be used as a weapon as it disrupts trade
All countries should trade in their local currencies or in Gold. It's long lasting and standard....
Good news.
You live in Russia ?
@@johnh6137 😄😄😄😄😄
@@johnh6137 it doesn't matter where we live, we live on earth are america the god of this earth????? Cmon with your BS.
@@harrishumble8118 It's no BS to say that the fall of the dollar will cause huge inflation. What does God have to do with this ?
The nation of Cuba has being under the embargo by USA policies and rest of the obedient nation Keep Cuba alone for 50 plus years ago If the aim of Independence of any Nations equal to use their own Currency .
Does this mean i can buy goods of Alibaba using Yuan ??? u.s dollar makes it far to expensive 😂😂😅😅😅
US trading with China NOT using Yuan 🇨🇳CN ... or Rubles 🇷🇺RU : only the BRI countries can trade with each other WITHOUT using US🇺🇲 dollars:
@@ssrae-2229 sadly i cant see NZ joining BRICS,but heres hoping
@@darrylwikohika9068South Korea is in BRI
@@darrylwikohika9068South Korea is in BRI but not Brics
Yes i hope you realize your dream sooner rather than later lol
I agree wholeheartedly
Good move! Even many countries are demanding there gold 🪙🪙🪙 from the USA.
Great, products prices will be much lower compared to using US dollar trading.
Yes it's timely and great for oppressed nations !
The UNI support this move
Fuck the un
How were countries trading before WW2 without the USD ???
They use gold and silver or they own currency or literally trade good without currency just like old ancient time
@@levongabut1647 they did not. The British Pound was the worlds reserve currency
Commodities/gold.
@@thegoldensnitch6312yes, but gold backed.
I believe here in Australia, we already conduct some of our trade with China in Yuan?
We did a currency swap some time ago. I think 30 billion.
Country stand with us dollar will falling.
Countries don't appreciate America bullying them with threat of sanctions.
Good news! 👍
The blockchain in october ??
They should convert they dollar foreign reserve too.
Good good
---zzzxxx~~~
nations are sick of imported inflation again and again (because of U$$D Over-Printing), disrupting their economic growth...
while us enjoy their spending spree without feeling guilty/shame for the world...
in addition, nations are also de-risking their reserves from being looted/sanctioned by us.
world-wide de-dollarization is inevitable and imminent, or is it?
Exactly.
Poor country don't like dollars
No countries like the dollar except U.S themselves & U.K😂😂
USA economy is changing from printing on $$ to shredding on $$ to save itself.
World is becoming smart!
itz done hit the fan now
The average American asking why they can’t afford anything anymore 😂 they don’t even know about de-dollarization
Witnessing a Supernova in its dying throes......
Great information than you!
WOW, GOOD DEVELOPMENT INDEED.
DEAR INDIA IS PEEING WITH JESLOUSY
What is Next?100 USD=1 hot dog
From 24 to 42 in double quick time. Time to stop US bullying workdwide
All are matters of fact, why should the world have to pay what amounts to royalty to the USA by having to trade in dollars. When this dollar became the global reserve most countries were hijacked and didn't have a voice in this economic decision. Let the West keep the dollar and allow the Global South or the BRICS to set their own currency reserve for goods and services.
Quantitative easing becomes history
Dollar on borrowed time.
Fxxking great. Dedollar 😂😂😂
Maybe seems good on the surface, such as a pristine lake with no waves, but diving head first into something is a gamble, no? I mean, obviously anger to get off something your upset with, could result in something that brings further unknowns , as potential rule changes , or possible security risks and bring stranded without any guarantee of recovering. It would be unfortunate for such decisions to be made first before understanding any future changes that could impact deeper than the current status quo. I understand the new trends and current fashions but I would personally rather have , a 1967 ford mustang , rather than a 2024 electric vehicle. I don’t know if you’d understand analogy, but my preference would be to have something proven stable, easy to fix and not have the unknown future problems with something I’m not sure is the best.
What’s with the backround soundtrack? It’s too loud & unnecessary. The spoken content repeats it’s same introduction for each separate factoid. Other than the few facts, yes you did breach the eight minute length of video for more ads.
This is the Creator's strategic aim to enhance relations and ties with China.
Very nice development of Vastro a/c. all countries involvement in India implement..
Good News for entire 🌎
4.53 That is now 5 times you have told us the same thing! How many more times are you going to repeat yourself? Once would have done, twice is more than enough, but FIVE times? To quote Old Father William in "Alice" "Do you think I can listen all day to such stuff? Be off! Or I'll kick you down stairs!"
2:41 "First I tell's' m what I'm gonna tell 'm. Then I tells 'm. Then I tells 'm wo' I told'm." Get on with it!
they do not tell you this on the u$ ganda news
How come the governments of
MALAYSIA dont join the..
BREAKS?Why?
Dumping them where?
Awesome but there’s more than 24.
Next is 1929 times 10
100%, most don’t even see it coming…then it will be WW3…but this time North America will see fighting on their soil
Here comes digital currency
What will happen to the U.S economy due to dedollerization. Short term & long term
They won't have one?
For treating China, Russia and the rest if the world unfairly, what do you expect to get in return?
Not sure it matters anymore they have us in massive debt. Buy silver
Good report concept, but you are repeating yourself in the report and being redundant, saying the same thing over and over again.
As a result, I stopped the video at 3:18, never getting to the other 11 countries
Dollar is rock solid 💪🏽👊🏾🇺🇸
Not anymore it isn’t
Under the rock you are living under!
Only God knows because our coy is a loser in foregn policy
😍
BRICS+ should adopt Monero ($XMR) decentralise from hegemony states and P2P privacy for business confidence and fair competition. Pegged by all independent countries own currency with smart contacts and concensus for the people by the people...
America is missing in the list
Where is Ghana 🇬🇭
Sucking up to the West.
It is like the $ is just paper not money
*Cannot hold the US dollar anymore*
Oh! man. What are we going to do? How are we going to survive without US dollar? I need to send some money to India - how am I gonna do that? I can't send any Ruble / Yang ming from US. Any clue? My family needs some money.
This is about international trade between countries - You are still free to send your small change to India in US dollars -
if de-usd countries hv to shipped their gold bars back to their own country if they are in usa vault countries hv to shipped it out of usa .
Do u honetly believe u.s still have other countrys gold ??? Or that u.s will give it back ??? Lol
@@darrylwikohika9068 then usa reputation can go down hill so countries if they hv gold bars reserve in usa vault it wise to bring it out of usa is safer to hv your own gold reserve in yr own country vault
@@darrylwikohika9068 countries that hv usa military base they hv to evict them out use that land as yr military base then let usa bully other using yr base as spy or to bully others
@@tancolvis5240 germany n venezuela could not get their gold back yet u.s reputation is still intacked
@@darrylwikohika9068 soon it reputation will drop
The intresting part is the future, I don't think countries are going to be able to recover there currencies like the dollar will. This economic stability is determined by trade. I'll assume that if we remove energy dependent restrictions on trade, like finish the pipe to Canada, becoming energy independent, and just pumping up trade will maintain a strong USD. They can leave the USD behind to boost there own currencies. That is fine. But the USD as a hole isn't going to just go away. Just too much trade. Just the United States keep electing officials that was to kill a USD and convert to the digital market or the cbcd. Which is colonialism to say the least, total control on how you spend your money is a crazy concept. What happen to freedom? Glad WEF is going to hopefully get dismantled. This isn't economic freedom. Good luck.
Oil is dying ,lithium and solar is the present and future, plus Russia has more oil,plus Canada wants BRICS,such it AmeriKKKa
Use the currency as a weapon was the fatal mistake. There is not coming back for de-dollarization.
China CBDC kick off in Hong Kong.
Just grab Monopoly money and identify it as a legal currency. It's called trans-tender.
no more exchange with USD.. enough bullying poor country..
USD is world economy currency for Centrals. USA benefits world currency unification. Push world economy growth strongest condition. Avoid orderless world economy.
All country want new global economic support with China and we can not support u.s economy dollars oldest,
Many people jumping from golden gate bridge, means not to say everybody needs to jump😢😢
We love to jump as fast as possible 😅
With the US being the worlds number one oil producer the dollars is now safer than any other major currency.
13 plus million barrels a day🧐
Bullshat and Russia has more oil 🛢 Also solar and lithium power is the main new energy to replace oil
How to be sure about value of chinese yuan? It can be collapsed in a day according to CCP's decision.
The Western is destroying itself. Stop 🛑 bullying and apply team work.
Ditch the dollar for what? Can someone show me a BRICS currency bill? If it's just local currency, you could have used that yesterday.
Dollar is toilet paper get that realty
@@TopQuality-ms6uf Joker! They said the same thing about British Sterling/the Pound after WWII and it's still around and valued.
Is the dollar pegged to any commodities? No , and the dollar is used to finance military equipment causing instability throughout the world.
And most channels are uploading fake news!! To make little profit 🤦♂️
Soon this will become resl new
These Karens are about to be taken down once and for all!!
yes, Bee Dee esS
It’s Bye Bye time for USD.
Well looks like these countries will need to find another trading partner. Bye bye.. Chinese yuan=$0.14. Russian ruble=$0.01, Indian rupee= $0.01.
If America was smart, they would realize they can't win and try to work with these Countries. Then the dollar may not suffer as much. Can you imagine the Peso worth more than the dollar?
If they were smart they would do that but the problem is they aren't....
Now ditch buying american made products and services and stop selling products and services in USD to the US for a decade or so and we're on the right track!
I see some under-educated people cheer for that. No matter how wealthy or how poor your country is, it needs a foreign exchange rate to deal with foreign countries. And the USD had been a benchmark and an international settlement currency for nearly a hundred year. There can be respective FX rate between two diff currencies, but when it comes to international settlement and FX market, yen and rubles are never and won't be major currency pair.
The Yen is trash. Yuan is the way to go. (Educate yourself before you post. I know that doesn't apply to 90% of the posts, who only tell us what they DON'T know!)
Isn’t that great?
Send all USD that you hold back to the US to redeem for Goods & US economy will collapse as inflation goes super high. US's financials is as bad as Argentina's if not worse but for its USD being used as a reserve currency but once such cease, the US economy will crash . Whoever finally holds the USD will go bust too as it depreciates in value big time.
The grave is ready for the dollar 😁😁finally
Keep on Truckin! 🤩💖💯💪👍