BRICS and 20 countries Stop Trading with Dollar: What Next?

30 countries start trading in local currency
In the intricate world of international finance and trade, a significant trend is emerging: de-dollarization. This term refers to the global movement by various countries to reduce their reliance on the U.S. dollar in international transactions and reserves. Historically, the U.S. dollar has been the dominant global currency, a status established in the aftermath of World War II and solidified by the Bretton Woods Agreement of 1944. However, several geopolitical and economic factors are now prompting nations to seek alternatives.
In this video, we analyze the increasing movement among countries to lessen their dependence on the US dollar for global transactions. We explore the motivations behind these actions and provide an overview of the economic strategies involved. Furthermore, we examine the de-dollarization initiatives within the BRICS+ group, emphasizing the key measures these nations have taken to diversify the currencies used in international trade.

[@fastepo]

CHINA Stop Export to US and EU: What next? Watch the full video here 👇👇👇👇👇👇👇 kzbin.info/www/bejne/rJnZdn6pa66Ib5o

[@BorisPerc]

Old and Neo imperialists but we in EU done horrible things for USA lie and lie, now will be all repay ×100 for all what we done and what USA done to others.

[@jparsit]

I agreed but the US is copies from the EU.

[@bno5357]

No more USD currency, no more war!

[@classesanytime]

There will always be war with the US because military equipment and plundering weak countries from their natural resources is the only thing that the US is good at anymore! War and plundering keep the US economy afloat and is the only reason they cannot afford to stop the Ukraine war, they've invested too much and need the 23 trillion USD of Ukraine's natural resources to profit from this war! The US doesn't give a rat's ass about Ukraine nor it's people!

[@onggia850]

Those in power never easily or willingly give up that power. I fear there will be major conflicts before peace.

[@jparsit]

Agreed, the temptations of devils never ends. That the ways it is. Until we have one world government, so the devils can fight under one law. And without military that maybe the future.

[@classesanytime]

@@jparsit You sound like Klaus Swab!

[@mna7308]

then take em out​@@onggia850

[@MSN1701]

It's not so much ditching dollar but trading with your own currency in a fair and unbiased system that benefit your country

[@JamaTarabi]

Yes of course, the world should get more different Reserve Currencies not only one single reliance on the American Dollar.✌️💪

[@theprophet489]

The world bully finally something is being done 😂😂😂😂

[@RonPerillo-se8nt]

Just want express my thought. Thank you for all your work . I will tune in every day .

[@fastepo]

I appreciate that!

[@polifriedman1633]

Great to see everyone defeat the US without firing one shot !

[@loganpadayachee6048]

Yeah policeman of the world now being unharmed😂

[@polifriedman1633]

@@loganpadayachee6048 Butthurt ?

[@davidlim5]

​@@loganpadayachee6048. Barking Dogs !!!

[@baykal6]

The best option we are considering is trading in national currencies. China produces solar panels and batteries - the world should buy them for yuan. Russia sells oil, gas and grain for rubles. Countries with weak but developing economies can use their resources, this is called investment. There is very little money in Africa, but most of it is buried in the ground. invite China and Russia to develop deposits and get energy and food for it

[@sauronthegreat5799]

China respects African countries while USA just wants to use and dump them. China helps Africa develop their infrastructure. It’s a win win situation with China. With America, it drains all the resources from Africa and leave it poor and undeveloped.

[@johnbethea4505]

The USA dollar is weakening these country's economy, so why not get away from the dollar? Plus countries being sanctioned at the USA whims is a no, no.

[@sean6147]

It’s been a big yes yes for decades, Except US has picked off every country trying to do this over time, 1 by 1. They can’t kill everybody however so looks like the worlds finally waking up

[@anthonyk423]

That’s because their economies are bad from terrible leaders and they can’t afford to buy the dollar. It’s a difference.

[@nonsenseconfidence1850]

yep

[@aslamimagyar6303]

BRAVO de- dollariaetion. sanction sanction sanction kick out dollar hegemony.

[@Ron4885]

Should of started all this 20 years ago. I think the world in another 20 years will be a very different place. I would be interested to see.

[@mbrinkman1973]

you don't....👹​@@Ron4885

[@grunthorful]

Go BRICS !

[@HappyPandaBear73]

AWESOME NEWS! BRICS+ ALL THE WAY!👍🙂

[@robertnickson8781]

I would trade Gold in weight for commodities, one ton of gold equals a number of barrels of oil. A international barter system.

[@loganpadayachee6048]

South Africa is rich in gold❤

[@ygjugrdgbjn777]

@@robertnickson8781 Trade using gold as currency is the only solution

[@user-rz6cy3op5r]

Why is none of this reported on MSM?

[@mbrinkman1973]

MSM😂...👹

[@davidlim5]

Fakenews & lies only !!! 😅😅😅😊

[@alexandernaydenov7539]

Hahaha

[@MonsterHummerH3-zx1no]

Excellent.

[@HazimAlkhulud]

It is healthy for the US too, 👍🏼👍🏼

[@jparsit]

Great analysis, keep up the good work.

[@kimdani1795]

other countries are tired that USA just can print money when they need cash😂

[@davidlim5]

Worthless !!!

[@RegisMichelLeclerc]

If you consider that a dollar is a debt of the US to the one holding dollars, de-dollarisation is just about removing the US from the trades between sovereign countries.

[@wuinakonik7328]

Dedolarisation is the only answer to world Future, impossible to deal with Anglo-Saxon pirates

[@edinaporobic8198]

Awesome go BRICS go.BRAVO

[@random2829]

No dollars, no Treasuries. No Treasuries, no foreign purchasers of DEBT. No foreign purchasers, no problem! QE here we come!

[@willeisinga2089]

The dollar is not Safe.

[@dr.ilangokaruppannan]

ASEAN is also making moves to take advantage of this development. It can be mutually beneficial. Find our why ASEAN's move is a game changer for BRICS?

[@mitchellhall4592]

Good

[@onggia850]

An agreement between countries using each other country's currency will yeild an immediate savings on the commission charged for using the SWIFT system. That's a major factor in and of itself outside of the geopolitical realm.

[@sauronthegreat5799]

The swift system is USA and Europe countries control of global business and commerce. Dump all that crap. Dump the US dollar. It’s crap. A weapon of white supremacy imperialist America.

[@jeeperbanta1311]

❤❤❤❤❤❤

[@m.tanosr4811]

Go ahead baby ❤❤❤ I love the dollars

[@user-rz9wh5hx2f]

What next - nothing, it will have zero effect 🤷🏾

[@phongy45]

Really , some videos say ... no, no usd still strongly depended

[@AJYahye]

Dedollarsation, not hurting USA, but, mostly depending Dollar third world community will suffer more than America

[@JayDizzle-hm9gg]

Is it smart to sell your coastal home and move elsewhere while I invest cash into gold. Also I want to downsize. Thanls

[@KenHubbard-jz1vq]

CANADA WE HOPE ,

[@pitstopman]

Byebye dollar..welcome gold

[@user-hv7kt9zc3m]

Strange that because for some reason only 5 other countrys have said they will join 80 countrys signed the Ukrainian one see you lie alot

[@Renanmaru]

It's funny seeing usa trying to recover it's position with military bases, while china provide development...

[@jparsit]

China built US bombs.

[@exportintlexp6873]

$TXTM tribe

[@elyon9329]

If it is not gold or silver coin, then it is not money! So, quit calling it a dollar.

[@charleshinton8565]

Rotfl Ask why silver collapsed to 35 cents an ounce by 1935 if it’s real money. PS the historic dollar was a silver coin. Then it got demonitized in 1873

[@julyseven808]

🤔🤔🤔🤔🤔🤔

[@lirikcover9279]

How about the petro dollar ?

[@mauricio-wq5lu]

The more I see the governments make stupid decisions, the more I see my family is my real and only nation.

[@brianliew5901]

What a beautiful sight to behold! Pelosi.....2020.😂😂😂

[@northstar1060]

the canadian dollar is not readily accepted outside of the country.....canadians get along just fine ........the US dollar acceptance will shrink dramatically .......their problem is they count on other countries to use the dollar and finance americas deficits

[@andrewcruz-nz1eb]

Kenya at present undergoing CIA financed color revolution (Regime change).

[@cheshirekittinz17]

When getting a loan the US loan has 600times more buying power. When investing the US economy seen twice in 2024 a surge of over a thousand percent return. And the year is only half over. But what makes the dollar so great is the fact it's value remains as constant as a currency has ever, a perfect model unless abused. Due to Trumps radical banking practices, US will think twice when helping out two-faced investors.

[@loganpadayachee6048]

Petro dollars screwed very soon😂

[@bullmarket4u926]

From the video title: China Stop Export to US and EU. Look at their domestic consumption will spell dooooooms day!

[@zixon1347]

De-Bidenomisation😂😂😂😂😂😂

[@user-rr5ui8eo9x]

economic $lavery

[@rairam6428]

THEY WILL BE DITCHING GOLD NEXT

[@fransjebik8554]

First the west countries stopped the trade with russia 😂😂😂

[@kevinluna9119]

Let me tell you about every country that’s ever trusted the Chinese and Russian government. Do you want to know where they’re at now. Why doesn’t America stop giving these countries money?

[@EconomicsDuckling]

This phenomenon is caused by the multiple sanctions imposed by the US and EU. Instead of using sanctions who will make the life of the people suffer while the person who controlling the country still remain, why not resort to diplomatic solution. Why we need to fight when we can have a talk. Understand why they did such a thing. Try to achieve common ground.

[@rikitourangi815]

Your too naive to think the US and EU are willing to talk,they want control over other countries economy and if you don’t like it you will be punished and if you keep it up then they’ll seize your countries reserves held in their banks.much worse will happen if you have natural resources

[@darrylwikohika9068]

Thank u United Sanctions Of America 😂😂😅😅😅

[@IbnBahtuta]

If the western block becomes the object of a total boycott your job will be completed far quicker but remember that everything today comes with a cost, a cost your population may very well be too fickle to pay.

[@jonathanfriedlander8563]

Bye bye american pie !!

[@loganpadayachee6048]

Lol😂

[@disneytakeshugedix7463]

America 🇺🇸 loves 🥰 Hyper Inflation 💸 and will continue to print money 💵 and lower interest rates until the US 🇺🇸 Dollar 💵 collapses ! The American 🇺🇸 Government loves 🥰 Hyper Inflation 💸 so much they want the prices of everything to rise until the US 🇺🇸 Dollar 💵 is worth nothing ! Print ! Print ! Print ! Ha ! Ha ! Ha ! Hilarious 🤣

[@samuelrodrigues3501]

This is impressive. I know that this’ll affect America’s power in Asia and Middle East. Especially holding Terrorist Countries accountable for their actions. Like Qatar and Iran whom supports Terror across the Globe, especially against our Ally Israel. China is a stronger nation than America and they are showing it. Not only this but the largest nations are apart of this New Financial Order-China, Russia, Brazil, Indonesia, Malaysia, big Nations in Middle East and Africa; and now South America. In the next few years this’ll be problematic for America.

[@charleshinton8565]

Just see what happens when you do not toe the Chinese line . Ie over Taiwan.

[@chaoskid1211]

Yeah. Go back to gold. Whoops. What country has your gold? 😂 USA USA usa

[@anirudhat16]

Indians has it....household holdings...if you know...

[@jameslewis1605]

O guess they will do without any USA aid or trade. Their loss.

[@jonathanfriedlander8563]

The price is to high ! Besides the us doesnt make anything today , it's all made in China , stick your dollar !!

[@Ghekko-kw3zz]

Capitalism is awesome right

[@elimlinrr6898]

Ten countries made up 60% of human population. BRICS and potentially India 17% China 17% Brazil 3% Pakistan 3% Nigeria 3% USA 4% EU 5% Conclusion: West is isolated.

[@markpearson9085]

If we give money to any of the 30 country's IT SHOULD STOP RIGHT NOW!!! and we should make sure they NEVER GET ANOTHER DOLLAR from us again

[@GG-he8te]

Hoorah Hoorah Hoorah 😊

[@jabig1]

They give the money away as a debt trap. If they never give it out, they are weakening their currency. Coz other countries convert resources into the dollar to pay back yet the dollar is printed from thin air.

[@Ron4885]

why?

[@zainiabdullah621]

Yes ! Give to Ukraine and Israel, they need the US dollar most, not the homeless, the not-well-to-do or the patriotic veterans in your own country.

[@MauroTriques]

When in history did US gave any money to anyone? Are you kidding?

[@MrManny075]

This guy is talking about de-dollarization and using the dollar to compare because he can't use any other currency why can't he stop mentioning the dollar?

[@roninnotasheeplikeyou.2631]

You are too slow.

[@ogkillingpunchline]

If any of these coutries voted against Russia this year, yooooooo, you can learn the bible in Russian and you wont get in the club.🤣🤣🤣🤣 I can feel the desperation.