How Russia-China's ECONOMIC STRATEGY is CRUSHING the DOLLAR REACTION! | Think School

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CineDesi

CineDesi

Күн бұрын

Пікірлер: 883
@ThinkSchool
@ThinkSchool 2 жыл бұрын
Thanks for taking this up Jaby :) Love your commentary as usual. Regards, Ganesh
@abhishekkushwaha2455
@abhishekkushwaha2455 2 жыл бұрын
do some video on how India’s rise of power will affect the world.
@moinuddinkhan593
@moinuddinkhan593 2 жыл бұрын
You are certainly gaining more and more international viewers and you deserve it. The way you breakdown complex economics for us is brilliant.
@meliodas4176
@meliodas4176 2 жыл бұрын
@@moinuddinkhan593 true bro this type of you Tubers we need ❤️🥂
@captain_sourav_10
@captain_sourav_10 2 жыл бұрын
Please recommend Jaby about your 2 Chatrapati Shivaji Maharaj videos, I did that but it didn't reach Jaby, if you suggest they might do it :)
@aashushaikh5843
@aashushaikh5843 2 жыл бұрын
Bro ur videos are just mind blowing ❤❤
@yam2050
@yam2050 2 жыл бұрын
Don't know about others but as an Indian , i have more leaning towards Russia than US looking at the history of both country.
@anushkrajbordia1873
@anushkrajbordia1873 2 жыл бұрын
True. Same here.
@hbhatt
@hbhatt 2 жыл бұрын
Being an Indian you have ingrained anti American bias
@VitaminProtein4256
@VitaminProtein4256 2 жыл бұрын
I have uploaded a Video, Why Chinese Soldiers Afraid to face indian Army 😂😍.
@saifmehdi178
@saifmehdi178 2 жыл бұрын
@@hbhatt America is the one who didn't allow us to develop nuclear weapons when it was helping Pakistan to develop it.
@evilreincarnated4006
@evilreincarnated4006 2 жыл бұрын
Yep same
@starbrother806
@starbrother806 2 жыл бұрын
Every country knows why the Ukraine war started. That's why most countries are supporting Russia.
@Hibbs4Prez
@Hibbs4Prez 2 жыл бұрын
You are a moron. And most countries are not supporting Russia.
@aryzen2781
@aryzen2781 2 жыл бұрын
you're delusional, only 4 countries sided. 143 voted against russia at the UN.
@aathiks9107
@aathiks9107 2 жыл бұрын
@@aryzen2781 un vote is different honey,,there is something called country sentiment
@aryzen2781
@aryzen2781 2 жыл бұрын
@@aathiks9107 youre delusional if you think most countries support russia invading Ukraine.
@dineshp5203
@dineshp5203 2 жыл бұрын
I think countries support russia and China through fear than good will. It'll be geopolitical nightmare if countries in Asia don't support russia/china. For example, India has no choice but to support russia and China cuz it is convenient and safer.
@Spittingfact481
@Spittingfact481 2 жыл бұрын
Jaby called wuhan virus instead of corona 😂😂😂 i think inspired by WION... palki sharma 😂😂
@goldeagle1976
@goldeagle1976 2 жыл бұрын
She left WION 🥲
@thehindutimes007
@thehindutimes007 2 жыл бұрын
Wion ❤
@rityujamanitewary5273
@rityujamanitewary5273 2 жыл бұрын
@Laxman Dhotre finally someone said it
@navneetparmar3632
@navneetparmar3632 2 жыл бұрын
Donald trump started it actually , its shame our so called hindu lion modi is too feared to even talk about china
@nikhilpolekar8325
@nikhilpolekar8325 2 жыл бұрын
@Laxman Dhotre Trump used "China.." not "Wuhan..". It was mostly Palki Sharma Upadhyay from WION that popularized the term, I believe.
@ChandanSingh-nc5hx
@ChandanSingh-nc5hx 2 жыл бұрын
Believe me.. Countries are sick of US monopoly..
@hbhatt
@hbhatt 2 жыл бұрын
Doesn't matter. We'll continue to monopolize 🇺🇸
@anmol_pandey14
@anmol_pandey14 2 жыл бұрын
but china is far more dangerous
@urmila5552
@urmila5552 2 жыл бұрын
@@hbhatt lol "we"... just trying to b one of them won't make u one of them
@hbhatt
@hbhatt 2 жыл бұрын
@@urmila5552 well I actually am.
@dontsaymyname9441
@dontsaymyname9441 2 жыл бұрын
@@anmol_pandey14 agreed
@bidenisntsureifhesalive7412
@bidenisntsureifhesalive7412 2 жыл бұрын
US destroyed Afghanistan, Iraq, Vietnam, Syria, etc etc. still people traded in USD. China, Russia does the same, but their endeavours are ‘scary’. No one stops trade or formulate policy based on morality. International trade is only about money and power. It’s nice to think that “we are on a moral high ground” after ignoring what we have been doing for the past century (literally running the military industrial complex). US isn’t that pure, and it’s okay for others to be more self dependent or trade mutually without asking the “big brother”.
@captain_sourav_10
@captain_sourav_10 2 жыл бұрын
Exactly
@VitaminProtein4256
@VitaminProtein4256 2 жыл бұрын
I have uploaded a Video, Why Chinese Soldiers Afraid to face indian Army 😂😍.
@Nirzar_R
@Nirzar_R 2 жыл бұрын
you got a nice name!! 😅
@Kathakathan11
@Kathakathan11 2 жыл бұрын
Agreed
@nikhilpolekar8325
@nikhilpolekar8325 2 жыл бұрын
Irrespective, _$_ is far better than _¥_ holding the same power.And if any currency that should dethrone _$_ & gain that power, it should be _₹_ of India. And I say this not only because I am an Indian, but because India is a bridge between diverse global factions. India has established good relations even with pairs of nations that may consider each other rivals!
@DeepakKumar-sh1tq
@DeepakKumar-sh1tq 2 жыл бұрын
People are realising USA is the actual villian. So, why only one villian will rule or control the payment system? Why not all the villian?
@Vishrut.Dave94
@Vishrut.Dave94 2 жыл бұрын
I love Andrew's consistency in all the videos ... He has equal energy (Zero interest) in all of them
@nithish9863
@nithish9863 2 жыл бұрын
Zero interest 😂😂😂😂
@dipakborade1026
@dipakborade1026 2 жыл бұрын
In geopolitics: be a friend of US is more dangerous than be an enemy of US
@hbhatt
@hbhatt 2 жыл бұрын
Only if you're a shitty undemocratic country.
@takemichi6870
@takemichi6870 2 жыл бұрын
Still better then being friends to china 😅
@dipakborade1026
@dipakborade1026 2 жыл бұрын
@@takemichi6870 yeah but US is global cheater
@VitaminProtein4256
@VitaminProtein4256 2 жыл бұрын
I have uploaded a Video, Why Chinese Soldiers Afraid to face indian Army 😂.
@VitaminProtein4256
@VitaminProtein4256 2 жыл бұрын
Lol, South Korea, japan is ally of USA and Developed
@Cultofcosmossubscriber
@Cultofcosmossubscriber 2 жыл бұрын
Well on a serious note, it is very much needed to remove the dominance of Dollar. For the growth of every country dollar must be removed. NO HATE
@matthewlannom1783
@matthewlannom1783 2 жыл бұрын
There will always be a world reserve currency.
@Cultofcosmossubscriber
@Cultofcosmossubscriber 2 жыл бұрын
@@matthewlannom1783 Either Yuan or Rupee
@kaushy
@kaushy Жыл бұрын
@@Cultofcosmossubscriber why yuan or rupee & not dollar?
@Cultofcosmossubscriber
@Cultofcosmossubscriber Жыл бұрын
@@kaushy See we are not proposing an offer to make Yuan or Rs as the world currency we must remove dollars hegimony because US is increasing interest rate and because of that many countries economy is becoming unstable
@shubham943
@shubham943 11 ай бұрын
​@@CultofcosmossubscriberI'll prefer Dollar dominance than Yuan. China is not trustworthy u don't know how badly China can impact India if they dominate
@S_K_J
@S_K_J 2 жыл бұрын
I think in this world order every country wants to be independent and dont want to be bullied by other countries. From every countries their perspective is best to them but it would not be for other countries.
@hbhatt
@hbhatt 2 жыл бұрын
Yes
@VitaminProtein4256
@VitaminProtein4256 2 жыл бұрын
But Nepal can't do anything, Nepal is mostly dependent on India because of its geography 😂
@unDesi
@unDesi 2 жыл бұрын
Once USD loses demand,means it loses value. Its direct impact on the US citizens will be- Higher prices of everything.. gas, food, education, house etc. by a lot.
@Madame702
@Madame702 2 жыл бұрын
Don't worry Indian you should dump all you dollars that way I can take advantage of you and charge you 200% and 300% mark up for things that you need from food to weapons. 👍
@felixpoulsen1481
@felixpoulsen1481 2 жыл бұрын
An action is earning money. Money management is a behaviour. Increasing wealth is learning. This is the principle.
@velalopez3396
@velalopez3396 2 жыл бұрын
With inflation running at a four-decade high, a recession is now the most likely outcome of the economy. How can i grow my portfolio to outpace inflation and maintain a successful long-term strategy. I have been reading of investors making about $250k in the current crashing market, i need ideas on how to achieve similar profits
@elvisjames8351
@elvisjames8351 2 жыл бұрын
The market is volatile at this time , hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the share/ETF you focus on.
@a.k5675
@a.k5675 2 жыл бұрын
Who is this individual guiding you!? I lost $9k just last week, so im dire need of a financial planner
@robertmesic8181
@robertmesic8181 2 жыл бұрын
Credits to expert Margaret, you can reach out to him if you want
@kieranwhite7358
@kieranwhite7358 2 жыл бұрын
How do i reach out to him?
@SanjayKumar-fb5xz
@SanjayKumar-fb5xz 2 жыл бұрын
10:54 lot of countries are not happy with USA also, so they are going to do things on their interest, they will not care about Ukraine, Taiwan, etc,..
@pranki2254
@pranki2254 2 жыл бұрын
Baffles me to see jaby’s reactions to this video. I mean the rest of the world (except Europe) have had felt this way at one or the other point in history and maybe even now.
@Madame702
@Madame702 2 жыл бұрын
Yes Panki, tell your government dump all your US dollars that way your forced to buy things with a 200% to 500% percent mark up and I will make killing off you Indian. 👍😁
@nikhilkulkarni9719
@nikhilkulkarni9719 2 жыл бұрын
Do you know that these oil producing middle Eastern countries have a thing named Asian tax? It means, if you are a country from Asia then you have to pay double the tax for buying the oil from Saudi or Whatever middle eastern country. So we have to pay double the tax that too in dollars to buy the oil from these countries. That's why India is buying oil from Russia and other countries and in their or Indian currency.
@TheSidishere
@TheSidishere 2 жыл бұрын
Think School is my favourite KZbin channel, never missed any upload by them. :) Glad to see you reviewing their video!
@mithiladissanayaka6810
@mithiladissanayaka6810 2 жыл бұрын
Most eastern people doesn't consider US or Europe governments as a hero or good guys because they aren't. It's good to have 2 bully going against the rich big bully.
@captain_sourav_10
@captain_sourav_10 2 жыл бұрын
Yeah exactly
@VitaminProtein4256
@VitaminProtein4256 2 жыл бұрын
I have uploaded a Video, Why Chinese Soldiers Afraid to face indian Army 😂😍.
@marctemura2017
@marctemura2017 2 жыл бұрын
I can assure you that most Eastern European doesn't trust your Emperor, and will never bow to him like you have.
@mithiladissanayaka6810
@mithiladissanayaka6810 2 жыл бұрын
@@marctemura2017 Bruh. Every eastern people are not Japanese 😂 And no one asking European to bow or trust east. Just stop acting like a hero and leave us alone.
@sreenivasulunichenametla4481
@sreenivasulunichenametla4481 2 жыл бұрын
Hare Krishna. Well explained
@KateHikes666
@KateHikes666 2 жыл бұрын
Vladimir Vladimirovich Putin is one of the Greatest leader of 21st Century . He's currently fighting against the whole first world countries alone and beating them in their own game. The effects can be seen in European countries as inflation is all time high since ww2 . frequent changes in political elites and leaders in west and mass protest against Nato and EU shows that they are losing miserably , this alone is enough to prove you don't wanna mess with the world's greatest geopolitical strategist.
@nikumilotic1333
@nikumilotic1333 2 жыл бұрын
Sir this is Wendy's
@KateHikes666
@KateHikes666 2 жыл бұрын
@@nikumilotic1333 cope on deez 🥜
@shorts1813
@shorts1813 2 жыл бұрын
Completely agreed. Russia is only country in the world which dares to stand against the USA and its satellite countries of Europe
@geddon436
@geddon436 2 жыл бұрын
Might be a good strategy, I still would not want to live russia or be under Putin's authority.
@Rorschach7012
@Rorschach7012 2 жыл бұрын
@@nikumilotic1333 cope
@zhorothehephaestus
@zhorothehephaestus 2 жыл бұрын
This is why kids we should never bully others
@gauravsharma6323
@gauravsharma6323 2 жыл бұрын
Adrew is that guy who is genuine and kind but always looks like he sleeping
@abenalex3176
@abenalex3176 2 жыл бұрын
10:36 Jaby remember one thing, it's geopolitics that no country is an ally or foe. Every country has their own interests, like China wants to expand territories so their policy is expansion. Russia wants Ukraine, because of their own policy. Likewise, the US has also invaded many countries, so doesn't that sound great too right. See Jaby, no country has moral grounds, and it is geopolitics. Geopolitics is very grayish. Countries fight for their own gain of power, money or something valuable that could elevate their own country's economy. I know this is not right or it is not good. But this is the only way, or you might see WW3, and that you wouldn't like it. I am writing this to give you the knowledge to accept the countries, no matter if it's Russia, China or even North Korea. Never look at them as enemies, but look at them just as a country. Accept them because today China, maybe an enemy to you tomorrow China can be your ally too...
@Hibbs4Prez
@Hibbs4Prez 2 жыл бұрын
Name me a country the US has invaded to expand its territory as a nation. I'll wait.
@abenalex3176
@abenalex3176 2 жыл бұрын
@@Hibbs4Prez You are in a great mistake, the US doesn't need to expand, they invaded countries for profit. Invading to expand its territory, that's how China thinks. Iraq war, Vietnam War, US-Afghan war, US Syrian war etc... This all war's were conducted and had something to profit from. Meanwhile, the US media manipulated people that they are doing what's right. The US trained Mujaheedin's with the help of Pakistan for tackling Soviets and threw them out of afghanistan in 1980s. Years later you saw or heard what happened in the US in 2001. I am not hating the US, plz understand me what I am trying to say.
@mehulmalviya5800
@mehulmalviya5800 2 жыл бұрын
@@abenalex3176 😂😂 delusion
@abenalex3176
@abenalex3176 2 жыл бұрын
@@mehulmalviya5800 on what?
@aaryangotad335
@aaryangotad335 2 жыл бұрын
Did anyone notice that the description says "trailer link" instead of "original upload"😂
@shivaraml5692
@shivaraml5692 2 жыл бұрын
Another way would be to simply include an escalation/reduction clause to exchange rate in the contract to cater for currency fluctuation.
@Blue-en7yu
@Blue-en7yu 2 жыл бұрын
BRICS currency is a better option over Dollar.
@indian9428
@indian9428 2 жыл бұрын
"“To be America's enemy is dangerous, but to be America's friend is Fatal” Henry Kissinger"
@hbhatt
@hbhatt 2 жыл бұрын
Only if you're a disloyal friend
@Rorschach7012
@Rorschach7012 2 жыл бұрын
@@hbhatt US doesn't care if you are loyal or not, see what happened to Canadian, Australian and UK currency, US don't care.
@Blue-en7yu
@Blue-en7yu 2 жыл бұрын
USA doesn't have friends. They have enemies and satellite states.
@hbhatt
@hbhatt 2 жыл бұрын
@@Rorschach7012 what happened?
@aniketme621
@aniketme621 2 жыл бұрын
Jaby understands the moves of china and is even afraid and scared and freigntening of china but fails to understand the same situation with India and Pakistan. Such hypocrisy.
@Canseefornewchange
@Canseefornewchange 2 жыл бұрын
Yeah, hypocrite much
@gvikram18
@gvikram18 2 жыл бұрын
The US media feeds more news about China than India. No hypocrisy here. Ppl are Just feeded filtered content by media
@aniketme621
@aniketme621 2 жыл бұрын
@@gvikram18 but when in live stream people educate him about something, he in fear of losing his Audience doesn't address the points simply ignores or refrains himself from speaking on the topic even though he knows what's right and wrong clearly no grey area here but still fails to speak again the wrong doings of a special religion.
@azmolhossain9244
@azmolhossain9244 2 жыл бұрын
@@aniketme621 cry more.
@vikassomvanshi1848
@vikassomvanshi1848 2 жыл бұрын
@@aniketme621 agree bro reason is simple jaby is also leftists and leftism in America is Chinese version of communism and Biden is also leftist these leftist have created mess in every country possible and important thing is when Trump was in power jaby criticized him a lot also did vdo when Biden took power by threatening American public that Trump will lead us to war n stuff like that and now Biden messing every damn thing in America n around the World now jaby is not critisizing him bcoz he will get strong befitting reply from left leaning communist media we should always know the fact that Mr. Trump lost the election not bcoz he was weak but bcoz he was not part of left leaning communist lobby n that's "wall street journal " but little bit I feel pity on those American public bcoz they are actually kept away from their own history these things are not taught to them so actually they are living in their own bubble where they don't have access to information coming from outside now social media utube n Twitter pretty much successful exposing American political n dollar hegemony n kind of mess they have created in the gulf n African region despite almost all social media platforms has their own left leaning biase utube promote only those vdos more who are associated with left agenda any ways I can go on more on these left leaning leaders n their politics who are threat to democracies of every country in the world just remember leftism liberalism communism wokism all these " isms " are same who are actually trying to destroy cultural n traditional ethos of almost every country possible..... Jai hind Jai bharat....
@_sushantshinde
@_sushantshinde 2 жыл бұрын
Jaby watching geopolitics and economy videos - YE kis line mein aa gaye aap (welcome meme dialogue)
@aritrasarkar5706
@aritrasarkar5706 2 жыл бұрын
Now you know why world needs India🙌🏻
@anuragvangavolu903
@anuragvangavolu903 2 жыл бұрын
If de-doralisation happens, then the foreign reserves in dollars reduce which means that the reserves called "petrodollar" reduce implies reduced investment in US bonds which would imply that US might not have sufficient investment to grow its economy.
@Madame702
@Madame702 2 жыл бұрын
Yes, yes Anurag Vangavolu start a movement in your government to dump all your US dollars. Do it Anurag Vangavolu do it.
@ayushgupta93252
@ayushgupta93252 2 жыл бұрын
BRICS will come up with its own Currency because if China want to World to Trade with Yuan, first they have to approach India and If Brics makes its own Currency then India will be involved.
@Madame702
@Madame702 2 жыл бұрын
That just the way of world works, Gupta Ayush, but you should tell your Indian government to dump all your US dollars. That way can over charge India a 200% to 500% markup I will make a killing of you. 😁👍⭐
@charanteja_
@charanteja_ 2 жыл бұрын
I recommend "How Pakistan committed Sui@ide with it's economy" from Think School. it's one of the most mine blowing video which described unseen truths about international politics. 👍
@ghostvibz2887
@ghostvibz2887 2 жыл бұрын
😂😂searching Pak reaction video on this, how Pak people going through their heads are we on chess board
@sarathbabu1245
@sarathbabu1245 2 жыл бұрын
Fastest I’ve ever clicked on a Jaby Koay video, new record
@Arazzzzzz
@Arazzzzzz 2 жыл бұрын
Congratulations you win nothing 🎉
@Dordap10
@Dordap10 2 жыл бұрын
Better start working and help your family , rather than watching videos
@harveyspecter111
@harveyspecter111 2 жыл бұрын
Same
@bharatarora4623
@bharatarora4623 2 жыл бұрын
@@Dordap10 😀😀
@nikhilpolekar8325
@nikhilpolekar8325 2 жыл бұрын
Yes!
@captain_sourav_10
@captain_sourav_10 2 жыл бұрын
8:07 Like USA did to Iran, Venezuela & recently Russia Edit - From SWIFT
@gurucool_upsc650
@gurucool_upsc650 2 жыл бұрын
Well...I don't mind the monopoly of Dollar getting ruined.
@mjordan233
@mjordan233 2 жыл бұрын
But what is replacing it? Chinese yuan? That’s even worse. If the US is bad, China as the world leader will be 50 times worse.
@pranki2254
@pranki2254 2 жыл бұрын
Jaby looks scared rather than appreciating that countries are doing what’s best for them. I’m not talking about Chinese or Russian dominance but other countries whose burden would reduce if they don’t trade in dollars. Development is not entitled to one country or continent. Every country wants to develop and improve the lives of their people.
@WhiteRabbit_123
@WhiteRabbit_123 2 жыл бұрын
Well he is a US citizen 😂.
@epicmilitaryshow5708
@epicmilitaryshow5708 2 жыл бұрын
Slow and steady wins the race. BRICS will grow slowly as OPEC countries are applying for membership and there will be a special currency which will be used for trade by-passing USD.
@ajjmka
@ajjmka 2 жыл бұрын
Russian groups🇷🇺: North Korea🇰🇵,Iran🇮🇷,India🇮🇳,Afghanistan🇦🇫, Cuba🇨🇺,Syria🇸🇾
@rajatmishra6733
@rajatmishra6733 2 жыл бұрын
We may see new reserve currency in near future but not Yuan. High possibility of BRICS currency.
@BarisonMega
@BarisonMega 2 жыл бұрын
🌟🌟This was not taught in history class because it was not a history lesson...it was a economic and geo politic lesson.... 😁
@redstoneninja3375
@redstoneninja3375 2 жыл бұрын
Who else thinks that Jaby is obsessed with think school ✋
@catcat63527
@catcat63527 2 жыл бұрын
I'm obsessed with think school too. They're awesome!
@Unknown129k
@Unknown129k 2 жыл бұрын
@SnIpeR.7809 don't spam
@VitaminProtein4256
@VitaminProtein4256 2 жыл бұрын
I have uploaded a Video, Why Chinese Soldiers Afraid to face indian Army 😂🤣🤣.
@guptaji_rk
@guptaji_rk 2 жыл бұрын
Ain't we all?
@saifmehdi178
@saifmehdi178 2 жыл бұрын
@SnIpeR.7809 u have commented the same thing everywhere.... it's called spamming
@jiteshshoundik574
@jiteshshoundik574 2 жыл бұрын
India already started to business in rupees- rubal currency system
@VitaminProtein4256
@VitaminProtein4256 2 жыл бұрын
I have uploaded a Video, Why Chinese Soldiers Afraid to face indian Army 😂😍.
@Powerstudio124
@Powerstudio124 2 жыл бұрын
srilankan debt from china was Only 10% on 2 % interest rate On the Other hand world Bank debt is 90% by 25% percent of interest rate inshort the debt trap is made by USA not really by china
@hbhatt
@hbhatt 2 жыл бұрын
Source?
@theonly6359
@theonly6359 2 жыл бұрын
Exactly!
@theonly6359
@theonly6359 2 жыл бұрын
@@hbhatt google
@idk-ye7ur
@idk-ye7ur Жыл бұрын
It was mainly a bad goverment. But yes, the China is at fault of Sr Lanka is bs.
@kameshpatil4231
@kameshpatil4231 2 жыл бұрын
2:53 Wuhan virus! That was dope😄 we love u jaby❤️
@8bhushan8
@8bhushan8 2 жыл бұрын
I am sure being a westerner you see USA as some sort of good guy with moral high ground but non westerner see how much suffering the west has caused from killing millions in war, displacing and pushing hundred of millions of people into poverty so US can make money destruction of entire country, funding proxy wars, funding countless terrorist organisations, funding people to establish the country, unilitral sanctions and secondary sanctions on other country who don't comply with us sanctions, its mindbobling how USA has gotten away doing so much for so long, once USA is not the sole dominanate power in the world, the world will look at what the west has done and remember their atrosities and they will remember west and USA especially like the baddies from world war I give 2-3 decades tops for the west to fall
@manashpratimbora7008
@manashpratimbora7008 2 жыл бұрын
Think schools vedios by jaby koay makes me intrigue to watch as soon as possible
@ninadk30
@ninadk30 2 жыл бұрын
The Chinese Yuan isnt becoming the reserve currency anytime soon. The country with a reserve currency has to by definition absorb the world's imports which needs a large large domestic consumption market and a free one at that. The US has that right now. Having a reserve currency also hollows out your manufacturing base as we have seen in the west. China is a net exporter of goods. It is not comfortable importing vast amount of goods for consumption. Thats why the Yuan will not be the reserve currency at all. The best case is that the world has a basket of reserve currencies as the world becomes more multupolar. Also, the Chinese currency is undervalued and overvalued at the same time. Thats why so much money goes out of china to buy US assets. This itself says a lot about the stability of Chinese currency. If the currency is not fully convertible, you cant have that currency as a reserve currency. Excess Yuan getting invested in Chinese treasury is plain stupid. People invest in US bonds because its the reserve currency, not the other way around. None of this means that Yuan wont be strong. But for it to become the reserve curency, China will have to upend its entire econoimic structure which makes it grow at less than 2% during the transition if not less. This seems highly unlikely.
@hbhatt
@hbhatt 2 жыл бұрын
Someone making sense finally
@sweetemotionzz
@sweetemotionzz 2 жыл бұрын
👍🏼
@mjordan233
@mjordan233 2 жыл бұрын
Finally a sensible comment. The reason why the US dollar does not get overvalued due to such high international demand is because they have huge import market that devalues the currency. To navigate through that, the US built an economy purely based on complicated engineering, software and services. China is mostly a manufacturing export based economy. If Chinese yuan wishes to take the place of US dollar, China will have to become a net import economy which will ruin their economy in the first place, which is mostly export based. Best case, Chinese yaun becomes the 3rd biggest reserve currency after dollar and euro. But it will never overtake dollar.
@ninadk30
@ninadk30 2 жыл бұрын
,@@mjordan233 There is a naive sentiment that being a reserve currency gives you superpowers. It does to an extent. But it comes at a massive cost. The American rust belt is the cost that the US has paid for the reserve currency status. It has sacrificed a lot of the resilient features that America once had. The US is still far more resilient than Europe but its infation can still be controlled by Beijing. For China to take the top spot, it will have to transition to a consumption-based economy which will shatter its growth for at least a decade. They have tried doing it but have failed. The USD isn't going anywhere. It will steadily lose its dominance though.
@rityujamanitewary5273
@rityujamanitewary5273 2 жыл бұрын
Why did Nixon try to tinker with the Dollar standardization to Gold? Haha. You're right. You need to read up on that 😀
@ShubhamKumar-wf5ig
@ShubhamKumar-wf5ig 2 жыл бұрын
Because they were running out of gold😂😂
@familiaworld1185
@familiaworld1185 2 жыл бұрын
Last part of the video is more of a emotional statement than a factual work, regarding problems china will face in future.
@amithanda4934
@amithanda4934 2 жыл бұрын
Dollar will not sink simply because of geopolitical situation. India will be apprehensive about yuan being the international trade currency moreover alot of countries suffer due to China's debt policy and they will be more so scared of yuan .....
@thewishlist12
@thewishlist12 2 жыл бұрын
only one thing that will stop Indian Rupee from dominating Dollar is the opportunities for pepoleto work , pay gardes not even is next 15-25 years will as be as same as United Nations🤗get work for people
@gundeep0
@gundeep0 2 жыл бұрын
Currently due to dollar strength the US can print a lot more dollars without worrying about the consequences of currency printing. Value of the dollar is very resilient due to so much trade dependence
@vasuki7e202
@vasuki7e202 2 жыл бұрын
Jaby's concern over What China doing or what Russian doing in Ukraine is still nowhere of what America is doing to entire world! People need to learn
@abhijatyaritz4717
@abhijatyaritz4717 2 жыл бұрын
Dollar Dominanance has just brought PAIN, MISERY, IINFLATION, and American HYPOCRISY to the world. As the Americans say - "Dollar is our currency, but your problem." Can't wait for the world to get off Dollar.
@Madame702
@Madame702 2 жыл бұрын
Yes, yes you are right now dump all you US dollars and see what happens do it dump it Indian.
@KiranKumar-jx8in
@KiranKumar-jx8in 2 жыл бұрын
We need this kind of commentry, not so many movies.
@VikramKumar-qo3rg
@VikramKumar-qo3rg 2 жыл бұрын
I would like you to react to 'Why is Ukraine west's fault? Featuring John Mearsheimer'.
@rityujamanitewary5273
@rityujamanitewary5273 2 жыл бұрын
He bottoms so can climb up. Do you think he is actually invested in the content he puts up? Think School to John Mersemheimer is a bigass stretch. It's not in his agenda
@VikramKumar-qo3rg
@VikramKumar-qo3rg 2 жыл бұрын
@@rityujamanitewary5273 I don't know. Seems less likely. Nevertheless I just want people to watch that video even if it's readers of my comment.
@RajSingh-yd8ue
@RajSingh-yd8ue 2 жыл бұрын
19:00 start eating noodles and give up hotdog
@shadowstorm9363
@shadowstorm9363 2 жыл бұрын
his videos breakdown a topic in a very easy to understand manner which i like since it helps me understand the topic better with much clarity
@hhswargiary6804
@hhswargiary6804 2 ай бұрын
"To be an enemy of America can be dangerous, but to be a friend is fatal.” - Henry Kissinger
@YuvrajWithAGuitar
@YuvrajWithAGuitar 2 жыл бұрын
You should start watching Abhijeet Chavda for some real geopolitical insights! He predicted that Lizz Truss was up to no good and here we are!
@RajSingh-yd8ue
@RajSingh-yd8ue 2 жыл бұрын
10:38 Whats russia is doing in ukrain and china is doing in hong kong and US was doing in Afghanistan iraq libiya seria Vietnam
@hbhatt
@hbhatt 2 жыл бұрын
Not comparable at all
@miscellaneousdude9808
@miscellaneousdude9808 2 жыл бұрын
​@@hbhatt All are equally terrible.
@pixel-frame
@pixel-frame 2 жыл бұрын
Boycotting US sounds good. Ultimately they are the prime reason behind any conflicts. It’s time that US should stop considering themselves as superior to everything. There are several big or should I say bigger players out there now.
@Blue-en7yu
@Blue-en7yu 2 жыл бұрын
I agree
@suvradeepdutta5766
@suvradeepdutta5766 2 жыл бұрын
More think school please
@viraj5132
@viraj5132 2 жыл бұрын
I think the value of dollar will depreciate so much that the price of goods imported will go up, an average American will have to shell a lot more money and the savings dwindling. Also, it won't be cheap any more to travel to foreign destinations.
@Rahulsingh-qz1qg
@Rahulsingh-qz1qg 2 жыл бұрын
You should make a reaction video on Rishi Sunak . First UK PM is from Indian origen.
@Frozen_flames_
@Frozen_flames_ 2 жыл бұрын
NO, he maybe Indian but know he is a SLAVE of British. As a Indian i don't want British sympathy
@infernalone8894
@infernalone8894 2 жыл бұрын
Origen not indian he doesn't owe a singel thing to us or nor we he's loyal to Britain
@mhaskarmsaeem2330
@mhaskarmsaeem2330 2 жыл бұрын
React to Abhijit Chavda for geopolitics and also The Ranveer show
@samrat2573
@samrat2573 2 жыл бұрын
US is not a good friend of INDIA so India needs to develope a new payment method that US can't stop. US always preferred Pakistan over INDIA even now they are with Pakistan. So yes US doller needs to go down.
@Americaisgreat12
@Americaisgreat12 2 жыл бұрын
I don't where you been but they are good allies just like y'all got y'all own interested in Russia we got own interested in Pakistan and if the U.S dollar fall y'all fall to but I love y'all people in India God bless Jesus is king and he's coming back soon repent before I come back again.
@NEO-v7r
@NEO-v7r 2 ай бұрын
​@@Americaisgreat12what?
@nishantrajpoot1278
@nishantrajpoot1278 2 жыл бұрын
jaby i hope when you said what china is doing in HongKong and russia in ukraine , you also meant what USA has done in Afghanistan , syria and iraq.
@hbhatt
@hbhatt 2 жыл бұрын
Not comparable at all.
@rityujamanitewary5273
@rityujamanitewary5273 2 жыл бұрын
You forgot many others
@rityujamanitewary5273
@rityujamanitewary5273 2 жыл бұрын
@@hbhatt how?
@hbhatt
@hbhatt 2 жыл бұрын
@@rityujamanitewary5273 Those countries harbored terrorism that directly impacted the US, whereas Russia attacked just because it doesn't want Ukraine to ally with Europe and Nato.
@rityujamanitewary5273
@rityujamanitewary5273 2 жыл бұрын
@@hbhatt What standard are you in kiddo?
@kshitijghanghav
@kshitijghanghav 2 жыл бұрын
its already happening jaby, opec countries like saudi and other few countries has started to bring back gold standard
@a.d.7888
@a.d.7888 2 жыл бұрын
Why are all indians watching this indian man's video through an asian american man
@hbhatt
@hbhatt 2 жыл бұрын
To know his perspective on it. Pretty obvious why.
@rityujamanitewary5273
@rityujamanitewary5273 2 жыл бұрын
Lol
@a.d.7888
@a.d.7888 2 жыл бұрын
@@hbhatt yes because your colonial mind forces you to validate your indian opinion through a gora chamdi
@hbhatt
@hbhatt 2 жыл бұрын
@@a.d.7888 I'm not entirely Indian. There's nothing wrong with hearing diverse opinions and reactions rather than living in an echo chamber and only listening to the same type of people.
@a.d.7888
@a.d.7888 2 жыл бұрын
@@hbhatt are you nri?
@dottedindia
@dottedindia 2 жыл бұрын
I guess BRICS currency which is more possible then yuan only.
@maxs5643
@maxs5643 2 жыл бұрын
Its cute jaby feels US has never leveraged its soft power like dollar, swift bank etc to get what it wants.
@_Wai_Wai_
@_Wai_Wai_ 2 жыл бұрын
The Petrodollar reserve currency allows the USA to add to the dollar supply, without crushing inflation, essentially exporting its inflation to foreign holders of the US dollar.
@shriniwasthube7118
@shriniwasthube7118 2 жыл бұрын
"hamare zamir me dum hai, kyu ki hamari jarurate kam hai",🙂
@tushars4038
@tushars4038 2 жыл бұрын
Actually this is insane. In India-China trade which around 130Billion$, China enjoys trade surplus of around 70Bil$, so if China gives India as option that lets do Rupee-Yuan trade, India will b FOOLISH to say NO
@Avenger-bd2fs
@Avenger-bd2fs 2 жыл бұрын
USA got of the gold standard because it was spending more than it is collecting in taxes, so it's gold reserves depleted and is unable to pay back in gold.
@nexrin3006
@nexrin3006 2 жыл бұрын
React to India's Foreign Minister S Jaishankar!! Love from India ♥️
@shirishsharma3836
@shirishsharma3836 2 жыл бұрын
6:07 U.S. did this to legitimise dollar as the only way to trade in the world. Hence making a piece of paper at par with gold in value which they can print as much based on inflation and need. With this there's a saying, "if anyone in world makes money, US makes money from it ".
@oarabiletshwagong1736
@oarabiletshwagong1736 2 жыл бұрын
And now when the South African president visited Saudi Arabia, the king said that Saudi Arabia would like to join the BRICS union (Brazil, Russia, India, China and South Africa)
@Gemz0001
@Gemz0001 2 жыл бұрын
Also Iran...Argentina and Turkey!
@KalpitRathod
@KalpitRathod 2 жыл бұрын
The other guys looks confused 😅
@DeepPatel-kb3zp
@DeepPatel-kb3zp 2 жыл бұрын
Americans need to understand that dethroning of USD as a world reserve currency is inevitable! It is not easy. but it will happen!
@hbhatt
@hbhatt 2 жыл бұрын
Unlikely. No other country has the stability and freedom that the US economy has. Its just not gonna happen.
@DeepPatel-kb3zp
@DeepPatel-kb3zp 2 жыл бұрын
@@hbhatt there are lot of things that we have never thought are happening! So... nver say nver! But yes, as I mentioned, it is not easy!
@akashsrivastav5744
@akashsrivastav5744 2 жыл бұрын
Irony is world believed USA even after US invaded Iran Iraq Vietnam afganistan nd many more countries in past 100 yrs ....nd now @jaby is worried about seeing russia on Ukrain nd china on Taiwan 🤣🤣🤣🤣🤣🤣
@mohnishtripathi1540
@mohnishtripathi1540 2 жыл бұрын
Jaby's initial intro is more like bidding host(he was speaking so fast)
@saibalbh31
@saibalbh31 2 жыл бұрын
We too can't understand how other countries trust the US what they did to Iraq, libiya , Yemen?
@maddrialan9045
@maddrialan9045 2 жыл бұрын
Only India (among the top players) can be a good #1 to have in our world. It doesn't benefit from war in other countries, isn't hypocritical like US nor does it say "think like us or you against us" like China.
@miabhai8344
@miabhai8344 2 жыл бұрын
Us has done so much destruction in asia
@hbhatt
@hbhatt 2 жыл бұрын
Like what
@RajSingh-yd8ue
@RajSingh-yd8ue 2 жыл бұрын
@@hbhatt like funding china to be in this position. Funding dictatorship in Pakistan, supporting bengali genocide, Afganistan, Iraq, seria, vietnam, Korea
@whitebarackobama7999
@whitebarackobama7999 2 жыл бұрын
@@hbhatt Iraq,Syria,Afghanistan,Vietnam
@hbhatt
@hbhatt 2 жыл бұрын
@@whitebarackobama7999 not just the US, many factors for most of those countries.
@topratedpastor7953
@topratedpastor7953 2 жыл бұрын
To answer Jaby’s query 8:40 on what if Chinese Yuan become the reserve currency of the world well then get ready to have chinese Navy,Army and Air Force in South America close to USA just like Sri Lanka and Pakistan for India, North Korea for South Korea, Africa for Europe and Solomon island for Australia, Laos for South East Asia.
@atharvavarade6282
@atharvavarade6282 2 жыл бұрын
More latest videos of think school plz Jaby!!!
@pa3entertainment145
@pa3entertainment145 Ай бұрын
Think school is our news channels 😅
@Orca-TV
@Orca-TV 2 жыл бұрын
Impact: COST of Living rises as taxes will increase and it will like how india rupee fall and it will be like instead 4k salary people will need 40K and later 400k to survive.
@pahadi_boi
@pahadi_boi 2 жыл бұрын
Jaby u are pure America
@Haeldiapp
@Haeldiapp 2 жыл бұрын
Jaby if dollar comes down and yuan goes up than it'll be like you have to check everytime how much value your dollar carries against yuan. Simple and easy😁 1 yuan =? $
@shivrajput4267
@shivrajput4267 2 жыл бұрын
It's simple jaby ... In geo politics there are no friends or foe, only temporary interests...
@14077goodluck
@14077goodluck 2 жыл бұрын
Why is it scary? Total Chinese debt on Sri Lanka is below 10%. Around 80% debt is owed to the west(and it's institutions). Although I am against Chinese expansion but facts should not be overlooked either.
@Mel-by7re
@Mel-by7re 2 жыл бұрын
@jaby koay, you don't want this happening in US for USD as you want to keep USD values high not Yuan's.
@harsh7489
@harsh7489 2 жыл бұрын
India Russia China amazing accommodation currency for trade which will be acceptable by them and their allies as they are In same group called brics
@Omgarg369
@Omgarg369 2 жыл бұрын
Russia 🇮🇳❤️🇷🇺
@ayushmanmishra9955
@ayushmanmishra9955 2 жыл бұрын
Please react to usa evil war strategy video by think school.
@remo1985ify
@remo1985ify Жыл бұрын
Jaby , Mate chill its economics and financial matter. You're confusing that with movies , not a right parameter to compare. If dollar looses its value as the trade currency and Yuan picks over the underlying impact on FX reserves will be huge . Why do u think UAE wants to join BRICS ? Pls do a bit more research on BRICS and UAE strong desire to join BRICS . After the fall of FTX , am really concerned if crypto trading is even worth it . Am so happy and glad that you decided to do a review of these very important geo political / Finance matter instead of the usual bollywood video . Thumbs Up . happy to have subscribed your channel .
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