If you have not heard of de-dollarisation then I urge that people look it up. I will give you a few video sources at the end of this article.
Brief Introduction
The key thing is that the US dollar is the world reserve currency at the moment and this is under threat from the BRICS nations and various allies and nations who wish to join this block of nations.
Now it appears that the foundation of this BRICS group will be a digital currency based on the yuan, that is on a ledger – the key thing is this will probably be backed up by commodities, these commodities could include gold, silver and oil.
There is interesting information about the amount of central asian countries that have been buying gold online. that is in one of the videos at the bottom.
Another key point is oil – that evil substance that the west has decided must be stopped to go green. Well the petrodollar – which was when the US encouraged countries like Saudi Arabia to trade oil in dollars may be coming to an end. They want to join the BRICS and if you are pushing an ‘oil is evil, we are going green now’, I’m not sure in oil producing countries where that is where the vast amount of their wealth comes from are going to buy in.
You see this green strategy costs a lot of money and if you are for it then one thing you should realize is that a lot of poor countries are not and many up and coming nations are not either. China is certainly not on board.
Russia
We then come to the next issue, Russia. Now, war is bad – the fact you have to explain that to some people is remarkable but the war in Ukraine and the sanctions, despite what the western media pushes has not worked. In fact its pushed Russia and China closer to the point they are now trading in the ruble and yuan and Russia is making more money. There are even deals where Russia is still selling oil to nations like Japan who supposedly wanted sanctions on them but they need oil. you see the problem here.
These sanctions have just strengthened BRICS and whereas the NATO countries (or some of them) are out to punish Russia, a large portion of the world in particular South America, Africa and Asia are neutral – it doesn’t affect them but when they see one side interfering it only pushes countries to look for an alternative and you may say Africa is poor – that is true and there are various geopolitical reasons for that but they have the potential to be much, much wealthier as many are rich in commodities such as oil and various minerals.
Also the Chinese are helping building infrastructure in many of these countries – do you really think its for the good of those nations or is it for those natural resources which could back a new digital currency
Takeaway
Now the key thing is this is complicated but if you are in the US you should really look into this – any impact to the dollar may impact your life, savings, retirement – do due diligence, do research and make sound decisions for you and your families futures.
Uncertain times can also be times of immense opportunities, its just that its usual the uber rich that reap the rewards
Will it happen, well a currency tends to be the dominant one for about 100 years, you also have a lot of tension and animosity to the dollar and the US, if you listen to a few African leaders and the reception that the Saudi leader has given to the current US president you can see there is a shift. Now is that shift, if its to China for the best – probably not but this has been years in the making and the Ukraine situation appears to have possibly been the final straw.
Videos
There are a lot of great channels and people talking about this on Youtube, its interesting that even some of the more ‘reputable’ mainstream media channels are now also speaking about this – that might tell you something as well
Great channel this one
Another tremendous source of information, many videos about the changes around the world
Same guest as first video
And another
https://www.youtube.com/watch?v=51BvEHWe6OM
