Why China Can't Quit the US Dollar

China wants to de-dollarize and the potential impact on the global financial landscape is Huge.
In this video, we explore the reasons behind China's desire to move away from the US dollar, the challenges they face, and the potential consequences for both China and the rest of the world.
Join me and let’s unravel the complexities of China's unique financial strategy and examine the implications of their quest to reshape the global financial order.
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[@AaronWatsonGeo]

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[@MrManny075]

This guy ignored Russia completely, what happened to Swift? Russia's economy is growing outside of Swift, All China is doing is not buying any more US debt, and the Dollar they held they use to buy things they need like energy, and the rest they use to buy gold instead of US bonds This guy is talking about the currency and ignored the bond market, the US can't print if it can't sell its bonds because that will lead to inflation, Biden was sending his cronies to beg China to start buying US debt because of the inflation does not allow the FED to create more dollars, they want the existing ones to be used to buy US debt and China is not having it,

[@PHX006]

Are you from pittsburgh? Seen the hat on the book shelf

[@AaronWatsonGeo]

@@PHX006 yes

[@JCSY1]

One sentence. Like it or not, the US Dollar usage is definitely going down significantly and will be used and relied on less by more if not almost all countries but it won't go away totally. It will come to a point where the USD won't be the reserved currency anymore.

[@gelinrefira]

It will come to the point when the USD is not as important anymore so that countries and investors no longer need to buy so many US bonds and treasuries, and when that point comes, the US government will find it impossible to sell enough bonds/treasuries to cover its spending. Then, America will finally have a reckoning with its past sins and crimes.

[@michaelsomething7674]

China is not the only country. India, Russia, even Greece a EU have capital control.

[@paulds65]

Greece does not have capital controls. Impossible because they are part of the Eurozone.

[@andrewleblanc1670]

Russia lost control only control they have is there empty threats Alaska being there best new one 😂

[@Pistolita221]

Doesn't mention BRICS once. How can you talk about the future of the chinese economy without so much as mentioning BRICS, at all?

[@DK-ev9dg]

He is deliberately doing it and brainwashing people and he is typical western mouthpiece and propagandist. But people are smarter than him

[@funkygrib1]

Also failed to mention that Putin has been thrown off SWIFT, Sanctioned to death and has the fastest growing economy on the European continent. Probably due to not fixing his currency to another and opting for gold ! How come the commys are beating us capitalists at are own game ???

[@ChrisInvestingAmateur]

Great video Aaron. The small detail of adding those triangles to show the 3 parts of different monetary policies was a great visual aid. It’s a double edged sword for China. Trying everything in their power to reduce their reliance of the dollar, things like trading for oil in the Yuan (transactions that used to occur in dollars), and selling off US debt at a rapid pace. But at the same time, like your video outlined, they still need the dollar

[@robertsattler8201]

Nice to see the current status of the dollar, but the trend is telling about the future, and that is showing the moderate but accelerating trend of de-dollarisation - what you avoid to touch.

[@Starwarrior9831]

Michael Hudson forsees an alternative trade payment system alongside USD payment system. BRICS currency, unlike USD, is to be held by their central banks and not the public. Otherwise, their annual deficits will be settled in gold. The whole idea is not to replace USD but about self-preservation. But the move will undermine the USD.

[@vueport99]

Yes the plan all along was to follow the Japanese miracle and move from low value manufacturing to high value. However, that has yet to come true thanks to corruption.

[@eddyevodius]

Nice insight “ the move will undermine the USD.”

[@Dave05J]

The world moved on from gold standards for a reason! Don't make it look like gold has turned into a magic wand lol

[@Melbn-di6mi]

This is a great Video! I really appreciate the dedication in each video you post, I would be glad if anyone here can explain a few things to me about investment, I believe it's my time to shine for a better future

[@raphfelimax2713]

I'll advise you to work with a financial advisor.....Building a good investment portfolio is more complex so I would recommend you seek Fergus Waylen's support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams .

[@domenez]

YES! that's exactly his name (Mr Fergus Waylen) I watched his interview on CNN News and so many people recommended highly about him and his trading skills, he's an expert and I'm just starting with him....From Brisbane Australia

[@WelseyWalker]

I'm 52years and I'm retiring this 2024 I already secured my financial position for the past 2years from Fergus Waylen

[@Richardson238]

Well, you are saying the fact. I invested $4,000 with fergus Waylen. and earned $12,000 .

[@Kristenshwan]

New survey has revealed rising adoption of cryptocurrency among the world billionaires, as they start experimenting in the digital currency, expanding their investments portfolio beyond traditional profitable assets.

[@hendrang1]

China is very practical, It will not completely quit the us dollar but there are alternative currencies with other countries in trade according to bilateral agreements.

[@_SPREZZATURA_McGEE_]

Thanks to the orange Buffoon. JFC we will be paying this for the next 10 generations, if we even exist then...

[@annonymous173]

Great informative video and the way you talk and break down these concepts makes it so easy to follow and understand.

[@AaronWatsonGeo]

Glad it was helpful!

[@thami.rubushe]

This was so easy to understand. Simple language and diagrams, unlike the rest of these business channels that use complicated graphs and technical jargon. Thank you for such an amazing vid.

[@AaronWatsonGeo]

Glad you liked it!

[@leroyisaac1708]

I liked the data presented in this video. It was informative, since you helped to demystify the options that a country has around currency controls.

[@user-ln5pi6zp2t]

China is not planning to totally de dollarize. China believes in a multi-polar world and hence the multi currency world. China's aum is every country should be able to trade with its own currency and hence gain freedom from the G7 economic hegemony.

[@pugster73]

There's a few things that Aaron didn't bring up. 1) China has already reduced more than 1/3 of the Treasury from 1.2 trillion in 2016 to less than 800 billion today. 2) BRICS are bring up their currency backed by gold rather than the US which is backed by thin air. A few dozen countries are already interested in using this new BRICS currency. 3) China has done a bunch of currency swaps with numerous countries and trading in their respective currencies instead of the dollar. China is still dependent on the dollar but much less than a few years back.

[@fizzyplazmuh9024]

China does not believe in a multipolar world. They say so to play nice just like they give lip service to pollution control because they get pai to do so. China beleives in a chinese ruled world.

[@fizzyplazmuh9024]

China does not believe in a multipolar world. They say so to play nice just like they give lip service to pollution control because they get pai to do so. China belie ves in a chinese ruled world.

[@fizzyplazmuh9024]

China does not believe in a multipolar world. They say so to play nice just like they give lip service to pollution control because they get pai to do so. China believes in a chinese ruled world.

[@fizzyplazmuh9024]

China does not believe in a multipolar world. They say so to play nice just like they give lip service to pollution control because they get pai to do so. China believes in a chinese ruled world.

[@davidlim5]

China had USD800 Billions Bonds. Why move away from USD but merely reduce them to one a few currencies in the baskets.

[@thomasrogers9146]

The chinese economy is not collapsing. They have been collapsing for the past 30 years according to the west. China has moved from low value added manufacturing to advanced industries. Innovation and technology. looking at what they have done to dominate the 9 trillion dollars global EV market, I predict they are going to be a force to reckon with. By producing advanced goods at half the price,western companies should be alarmed. Good buy Cheap chinese goods. here comes advanced high quality chinese brands at half the price. THE FIRST LAW OF COMPETITION OR WAR IS KNOW YOUR COMPETITION. AMERICANS DO NOT UNDERSTAND CHINA. THIS GIVES CHINA A MASSIVE ADVANTAGE IN DOMINATING THE ADVANCE INDUSTRIES GLOBAL MARKET SHEAR.

[@bobguard]

Agreed. Americans in general do not know or understand China, and that sets them in a disadvantageous position. Some big American corporate CEOs who invest or sell to China may understand China better, but unfortunately, the politicians and the vast majority of the Americans do not. This is largely due to their biased media. What a shame. They only see a zero-sum game and not common prosperity.

[@brainxtc2171]

Yelling doesn't make your point more correct.

[@JCSY1]

So now we know why the US and its allies are going in all the wrong path and strategies and declining so fast. They simply just don't understand anything about the real China. They can only understand what they want to see and hear. More countries will definitely shift towards China very soon except the US and it's handful of close allies of course.

[@absolutium]

Soo.. you haven't seen the news?

[@stephentan7881]

USD will stay but it's value may be decided by the amount of US' debts.... 34 Trillions and still growing at a rate of 1 trillion in 3 months

[@kuttanr7423]

34 trillions

[@4gegtyreeyuyeddffvyt]

Biden is a skunk !!!!🦨

[@rapidaceful]

yellen says debts is going up to 50 trillions plus in a decade, all your money will be -50% in a decade. :D

[@seancasey4646]

​@@rapidaceful And the US economy will be far larger also. So what exactly is your point?

[@Dave05J]

China has even more debt pal

[@RaymondKeen.]

The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN. BITCOIN is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into BITCOIN.

[@jones9-]

Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?

[@HectorWhitney]

well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.

[@bernadofelix]

Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.

[@SandraDave.]

could you recommend some good advisers? don’t get me wrong, I already have an asset manager for my 1m portfolio, but he seems not to know much about crypto.

[@bernadofelix]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@chaoyoong9987]

During the 800 years where world reserve currencies were used - Portugal, Spain, Dutch, France, Great Britain have faded over time when their colonies no longer needed to be captive customers of using the country's currency for trade...After 800 yrs what makes the USD permanent that nobody can replace???? why dont we let TIME shows which currency will surface to replace the last great dollar...in case you are unable BRICS changed the playing field...even the little tiny nations in Africa is dispensing their dependence on CFA...ironic that France even after giving Mali Niger , Senegal, Togo, Gabon, Guinea Bissau and these nations still cling on the french CFA as their national currency???? this typical of past colonial master still crippling stealing robbing pilferring plundering the natural resources of these african nations. France doesnt have any gold mines and yet has 1000 tons of gold - wonder did France just cart away gold and left the african nations imporvished n extreme poverty?? oh well please revisit your notion that China cannot quit USD and update with the latest...aaron you have great wisdom and futuristic prediction... hope you are right in 2029

[@npc2480]

It’s true, the US reserve currency status is definitely strong at 54% but where is it trending?

[@grindordie3336]

That is the question??? Inflation is all time high but there is a GLOBAL shift... Getting rid of USD is too unstable!

[@npc2480]

@@grindordie3336 inflation is high where? China is going through deflation. It’s all about supply and demand. China is the world’s factory creating the supply while the rest of the world demands. We constrain trade with our supplier (de-risking) while at the same time increase demand by printing money. As a result, we in the west experience inflation while China with a surplus of supplies is experiencing deflation. Very basic Econ 101. Do we expect China as well as the rest of producing third world countries to keep producing in exchange for the never ending printing dollars?

[@ZacharyAAtkins]

@@npc2480interesting point of view 💯

[@Serolfarim1]

​@npc2480 First of all chinese consumer demand is way down, secondly it is china that prints more than U.S and E.U combined.

[@npc2480]

@@Serolfarim1 you must not live in the US.

[@vsharma17147]

Great Video that's the reason i subscribed, Big Claim but backed up with great research and presentation so that we can use our own brain and attack the message not the messenger. p.s the triangle of currency float policy is well explained and cannot be argued against 👍

[@AaronWatsonGeo]

thank you for subscribing!

[@theconqueringram5295]

Nice presentation!

[@lupus7194]

Our day will come (Our day will come) And we'll have everything . .

[@sammeme7452]

Great video!

[@zufi11]

Excellent breakdown.i like this video.thankx for sharing with us.

[@kp0004]

That was excellent

[@AaronWatsonGeo]

Thanks!

[@jctai100]

Excellent breakdown

[@thomasrogers9146]

The British empire was called the empire on which the sun never sets. The British pound was king until breten woods in 1945 when the dollar became the world's reserve currency. As an American business man who have traveled around the world and understand global economic trends, This kid thinks he is smarter than Ray Dalio a man worth 12 billion and one of America's preeminent investors who has spent 40 years investing in china. This kid has never been to china .The problem with this argument is,he sees the world through American exceptionalism and eternalism. what he does not understand is the u.s is not only dealing with china but 85% of the global population. The global south. The dollar is a fiat current back by noting but trust in the American government. Since china is the worlds largest trading partner, it makes no economic sense for the global south to use a third party in global trade. Having the global reserve currency is not a right but a preveledge. We have weaponized our reserves currency statuse,abused other nations with sanctions,wage endless economic wars sanctions on nations, cause untold suffering, death and destruction. The chinese yuan has exceeded the dollar in global trade and global south nations do not need to dump the dollar to do serious damage to the American economy. Bilateral trade agreements, bypassing swift and the dollar in global trade alone is enough to overthrow the dollar. Our debt 34 trillion is unsustainable and our reckless spending is decreasing the wealth of our bond holders by exporting our inflation. Weaponization of the dollar has caused decrease in u.s bonds purchase by foreign entities because we can not be trusted. As Bilateral trade agreements continue to rise, the use of the dollar will Gradually decrease causing massive inflation here at home.The dollar will die a death by a thousand cuts. it may take 5 to 10 years. The rise of BRICS is the beginning of the end of u.s dollar hegemony.

[@htlow3598]

Very well argued. I do not understand why your opinion is not liked.

[@brainxtc2171]

It seems like this "kid" struck a nerve. Citing Ray Diallo as being Rich somehow makes him infallible. What a sad and weak argument. No one trusts China and no one ever will. BRICS? We shall see.

[@unitedstatesofisraelbibi]

I agree 100% too many pretend know it alls.

[@suii6961]

Unfortunately, you being an “American business man” doesn’t give you any credentials because based on your analyse you don’t seem to be a very successful business man. Saying the USD will collapse in 5 to 10 years is the first problem I spotted. A completely nonsensical and delusional argument that the man you referred to in your comment “Ray Dalio” does not agree with. Further more, as I myself have spent a large portion of my life in business mainly in the US, Middle East and south east Asia, I can tell you that “bilateral trade agreements” aren’t as simple to implement as you have stated. Your arguments presupposes that the US will sit back and won’t strengthen its already strong alliances? Look at the recent news about the deal between the US, Saudi Arabia and potentially Israel (Israel isn’t too likely). It hasn’t been finalised but there is an implicit strengthening of the petro-dollar, meaning that the USD isn’t going anywhere anytime soon. Furthermore, yes the yuan did overtake the USD in chinas cross border payments but the yuan only accounts for 3.7% of global payments which is a shadow compared to the dollar 46.6%. Let’s not forget that china trades with 60% of countries that are aligned with the US so overtaking the USD isn’t as easy as you may think. If the USD does collapse it doesn’t happen in our lifetime my friend. Would love to know if you have been affiliated with any companies since you are an “international business man” so that I can stay as far away from those companies as possible. You don’t know a thing about reality. Sit down

[@PhantomOfManyTopics]

Union Pay is the Chinese Swift.

[@andrewwojcicki6762]

Very nice disinformation.

[@austinbar]

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

[@eloign7147]

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

[@joshbarney114]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

[@rogerwheelers4322]

Interesting Josh. I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

[@joshbarney114]

I definitely share your sentiment about these firms. Finding financial advisors like Colleen Janie Towe 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.

[@rogerwheelers4322]

Colleen has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

[@MarceloReis1]

Do you really believe China would be cut off the global trade? In what universe are you living?

[@horridohobbies]

USD forex reserves around the world have been steadily shrinking. They have fallen from a peak of 70% to today's 54%, and they will continue to fall. Central banks around the world have been buying up gold like there's no tomorrow. BRICS is creating an alternative financial system to SWIFT. Trust me, the world can quit the US Dollar.

[@JCSY1]

Yes. Exactly. True facts indeed.

[@Daniel-wv5dg]

CCP bot detected!!!

[@JCSY1]

@@Daniel-wv5dg What bot ? US lapdog is detected.

[@Daniel-wv5dg]

@@JCSY1 Social credit -9000 Vpn not allowed.

[@JCSY1]

@@Daniel-wv5dg What nonsense are you babbling about ?

[@PHX006]

What about BRICS i thought that included its own currencyas well?

[@BeelP.]

But it surely is quitting the USD, slowly but surely.

[@sahilgulati450]

The impossible Trinity of China seems similar to what we have in Indian Monetary Policy where India control total outflow of capital via LRS scheme through its central bank (RBI) and buy and sell USD and other currencies to keep INR stable but also allow free float market for INR.

[@waslotaliam5119]

the dollar is going down wether you like it or not,its only a matter of time

[@dana-pw3us]

comapring China and Argentina monetary situation is stopping point

[@ekenomic]

Interesting about talk of gold decoupling from real US rates. Maybe the dollar demand is weakening but we don’t realize it yet.

[@ekujohnson1362]

China is not trying killing the dollar, the world needs alternative that's all.

[@Jamie-nt3eh]

view from America every country does and want to control the fluctuation of value of their currency. Americans printing money to solve their domestic problems and fight foreign wars is the major driver to reduce usd. plus us exports its inflation. swift is an us controlled entity and us has used this control to exclude countries from the global payment system. americans can freeze or steal foreign usd holdings kept in us and western banks.

[@vueport99]

Same thing China does to steal money from its own people and foreign deposits

[@hosamessa9069]

This channel is going places

[@AaronWatsonGeo]

thanks fam

[@coolguy007171]

Not quitting but destroying to be correct. Just wait and see...

[@tipupakoro5729]

yeah right.

[@vsharma17147]

Everything is Great but the Background Music is Disturbing.

[@ll4680]

Great video! Love your content. Much better than that hack Johnny Harris.

[@vueport99]

Even if the Chinese ppl lose 90% of their property values or their life savings,, so long as they can still have food to eat, there will be no revolt. They're not going to be happy, but blaming the party or revolting can't happen when they're the largest police state in the world with Ai monitoring and military whose main goal is to keep the big bear in power

[@corneliusrozsnyak3676]

Hey Aaron, I really like your Videos! They are nice to watch and well produced. I don't know why you only have 56000 subscribers. I wish you all the best that it soon will be way more. greetings from Germany

[@AaronWatsonGeo]

thanks you for watching and for the kind comment

[@illuminatiehmful]

Regarding your last sentence, don't you feel it's the other way around?

[@psarathy66]

countries donot want to move another country currency ; rather they will create an index with multiple currency participating on the basis of their strength of gdp, debt and inflation ;

[@fookcheongloke1741]

Brazil president say it correctly. Why the US dollars for international trade after it decoupled with gold in 1971 ?

[@thehungergames8918]

Buy physical silver 🥈 and gold 🏅🙋🏻‍♀️🧙🏼‍♂️

[@ZacharyAAtkins]

It will happen… be patient

[@Rob_F8F]

There has been articles about de-dollarization since the 1970s. So, is it going to happen 5 years from now, 50 years, 500 years?

[@keenanhill5754]

​@Rob_F8F he just a brics lover it has to happen otherwise he looks stupid

[@felixrondon8487]

@@Rob_F8F That’s the issue with BRICS fanboys, they just throw out a bunch of predictions until something sticks

[@ZacharyAAtkins]

@@Rob_F8F by LATE 2028 you should notice a difference PER RESEARCH

[@Rob_F8F]

@@ZacharyAAtkins So what currency is going to replace the USD by 2028? An existing one? A new one? What does the RESEARCH say?

[@mrteacher1315]

I think this video is missing the main point. China doesn't have to quit the dollar. As long as dollar is no longer the dominant trade currency due to majority of oil being transacted in USD, days of US endlessly printing money and other countries being forced to buy US bonds are over.

[@RyukoMeows]

US dollar is like the Roman Denarius during their collapse, lost 99% of their value. The decadent US empire will meet the same fate.

[@wudugideon]

Great video man keep it up

[@AaronWatsonGeo]

thank you!

[@BenG33]

The US Dollar is going down because I can only get two TACOS for $7!!!

[@RedMegaMan.]

11:11 golden

[@domingo2977]

Video is too short expand please

[@prst99]

My dad says it will happen but not in the next 30 years.

[@JCSY1]

Your dad is super super wrong.

[@nottinghambouy]

Just watch.

[@Stixenterprise]

China has much bigger problems to address for the next ten years. The yuan will continue to downgrade and less impactful in global trade.

[@kamsunleong6648]

Unlikely. Brics is expanding and more inter trade settlement in yuan deals already signed between China, Saudi and Brazil. Asean has also started moving in that direction.China being their largest trading partner, you can expect more trade payments be either in yuan or Asean own local currencies.

[@vicmarx-sl5xz]

😂, you are so funny, if that happens, the west will be completely bankrupt, far worse than they are already.

[@vueport99]

Yes except Saudi has already rejected settling in Yuan

[@MrManny075]

You ignored reality completely China is getting richer and going up, they don't concentrate on toilet paper they want real things, and that's why they stopped buying US debt instead they use the dollar to buy things including gold, So those countries that sell minerals and gold to China have not the luxury to buy US bonds they use that dollar to buy food and things they need that will stop the fed from creating more dollars because of the inflation too much money chasing fewer goods The US wants those countries to use their dollar to buy US debt bonds and then pay them interest with their dollar so that means they work hard to create stuff sell it get the dollar and use that dollar to buy toilet paper called US bonds and the cycle goes again, it called a Ponzi scheme

[@JCSY1]

@@vueport99 Still dreaming. You must have gotten your news from dream land. The real true reality is the opposite of your dream. Hahaha...

[@renatoapostol8057]

DOLLAR grows / conveys eternal spring / flow of good economic love for mankind. The opposition are bitter / evil minds of stinging deceptions.

[@lunaamore2713]

What about Venezuela?

[@Cityb0y85]

That’s same thing as saying “why wouldn’t they use gold” duhhhhh of course they will cuz gold is valuable JUST like the dollar

[@Ifyouonlyknewtruth]

Month by month

[@3pacverde346]

Hmmm

[@camiloguzman1801]

This guy doesn't understand that a Export and Capital accumulation oriented economy+ Eurodollar market financial engineering manipulation can dump the imposible Trinity to history dust bin with the Gold standard. And this don't distinguish if your regime of goverment is democratic, authoritarian, autocratic, oligarchical, etc. But he's right and all of the rest of dedollarization drama.

[@DDDrumpf]

It's like saying, if you eat rice all your life, you'll never be able to eat bread later on... hahaha.. hahaha.. hahaha...We all can and should be able to eat rice, bread, noodles, cereals, etc, etc, no??

[@ibrahimseth8646]

First, you must put, in God We Trust, can or cannot.

[@shirolee]

Should do a video on why the US can't quit manufacturing in China.

[@AaronWatsonGeo]

Great idea

[@araara4746]

If you think so, then you don't need to worry. 😂😂😂

[@dabomboo7o]

Why can’t crypto or bitcoin be used as exchange instead of swift ?

[@JCSY1]

The main problem lies not in the methods BUT the attitude of the US in intimidating and weaponizing USD, imposing sanctions and everything else whenever they want to. Almost all countries won't trusts the US anymore.

[@jagatheeswaranjagan7271]

Usa currency is world powerful money

[@PhantomOfManyTopics]

2024 minus 1978 is not over 50 years ago. American math is suspect always.

[@jagatheeswaranjagan7271]

World americane powerful money is dollar.

[@sih9696]

The US dollar will still be used by China; the only difference is its usage will drop to a single-digit percentage.

[@ibrahimseth8646]

AuUSD.

[@SubhanRaza-qj3ro]

Us dollar is going down big time

[@isokabooks3758]

Reserve currency? 34 trillion piles of toilet paper, really? Incontinent Uncle Sam your days of greed is good are numbered.

[@jagatheeswaranjagan7271]

World powerful. Money american dollar

[@jagatheeswaranjagan7271]

Us dollar powerful money

[@neerajs.kholiya3934]

Analysis for the sake of it 😮 Do more research 🎉

[@dranzacspartan8002]

I think you've missed the point altogether. The fiat USD is going down, but no-one claimed it's going to collapse ... yet. All excess fiat USD's that countries all over the world had, are being directed elsewhere, such as gold, silver, oil, or local currency, because USA has totally and utterly abused their fiat USD. But these countries leave a little of their residual fiat USD's to keep trading with the fewer countries that are still only trading in the fiat USD's .... but they are becoming fewer and fewer as the years go by. So, yes, the fiat USD is being slowly diminishing, because USA have politicised it, and has stolen countries fiat USD's from the SWIFT accounts because USA decided they don't like the targeted countries government, religion, opinions, etc.

[@Mike-ys4sr2023]

Countries are already trading without using the Swift service or the US Dollar 😅 😂

[@rzor1911]

but first world countries still using USD. Including countries in the whole AMERICAN continent, South and Central America.

[@vbyssey100]

😂😂😂 - China as others have to use the US dollar in trade with the US - But in trade with other countries, China can trade with the local currencies -

[@AaronWatsonGeo]

They can. But, do they?

[@AlgoNudger]

Bcs Sassoon owned 'em. 😂

[@ingridj.4661]

At 7:53 - "since China opened to the Global economy since 1978....that's more than 50 years ago"......hmmmm, if a person is so "good" at mathematics, all his conclusions sound very dubious :) ....

[@joekerr8334]

No no no.... China is not going to dedollarize. China is only going to "derisk". 😂😂😂😂😂😂😂😂

[@DevildocRue]

Do they factor in the billions of USD made by illicit drugs in the US? Im sure human trafficking is up there also. Also, how would the CCP pay to operate their businesses here?

[@pcsing2006]

Well, no one would have guessed that Saudi Arabia have given notice that selling oil in USD is OVER! Obviously the host of this channel is doesn't know what he is talking about!

[@PopsKrispy-ph9de]

AMEreKAN. 🦌🏝️🦌 AMEriCAN Ei se n HOW er Lut her 👑 , Wir Ich LinKoln eine famili

[@Rememberyou2326]

Wrong.

[@ignaciopaz5956]

It hilarious to see that your videos old that bad, just in 3 month China it’s leaving the dolar 💀

[@soundofprice]

Fact is dollar is shit. Dedollarization better

[@glennw469]

Don’t worry about China lol

[@timothychung4811]

He lost my interests after 15 seconds of crap knowledgem

[@Dave05J]

You just wanna hear what u hear on tiktok. You just can't conceive that there can be logical thinking, how sad....

[@brianliew5901]

A Gordon Chang wannabe telling us about China's economy and political ambitions. Go get a real job. 😂😂😂😂😂

[@JCSY1]

That's what they are good at. Creating Hollywood movies... hahaha ... Sorry, can't stop laughing.... hahaha...

[@BeelP.]

Me too​@@JCSY1

[@johnnwabuforudemezue1108]

China believes in a multipolar world, they believe in fair trade. Stop blaming China, the US should get itself together.

[@loongdechuanren1008]

The question is, why quit? DE-dollarization hurts the state, but dead dollars hurt the world the most. Let's wait for the dying hegemony patiently

[@JCSY1]

No reason to delay the inevitable. It will be sped up and it's coming sooner than most would like to believe.

[@Dave05J]

​@@JCSY1wishful thinking all the way... people said that when Euro was created too.

[@JCSY1]

@@Dave05J Euro has not been weaponized but the US has repeatedly been weaponizing USD and sanctioning anyone that does not bow down to them. Who likes that ? Nobody. In time and very soon, USD will only be used by the US and it's handful of allies. The rest will definitely move away from the USD and the US. It is already happening but not reported by the US and western media. and that is the real truth.