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How Russia-China’s ECONOMIC STRATEGY is CRUSHING the DOLLAR?
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Welcome to our video on the economic strategy of Russia and China and how it is crushing the dollar.
Early this year, a CNBC analysis confirmed the widespread belief that the dollar will no longer be the world's primary reserve currency. Consequently, nations will stop exchanging commodities for our currency, and vice versa, we will have to convert dollars into other currencies in order to export or import things.
So if you're wondering what is that strategy, will the strategy work, will the yuan or ruble actually be in the boom and whether or not the US dollar is truly in trouble, this video is for you. Thanks for watching!
0:00 Introduction
1:51 Are Oil Markets Ending the Relationship with Dollars?
2:17 The Chinese Strategy
3:45 Sanctions of Russia
5:34 Is China Making a New Currency?
6:58 What is the Thing Behind Gold Shipments
Early this year, a CNBC analysis confirmed the widespread belief that the dollar will no longer be the world's primary reserve currency. Consequently, nations will stop exchanging commodities for our currency, and vice versa, we will have to convert dollars into other currencies in order to export or import things.
So if you're wondering what is that strategy, will the strategy work, will the yuan or ruble actually be in the boom and whether or not the US dollar is truly in trouble, this video is for you. Thanks for watching!
0:00 Introduction
1:51 Are Oil Markets Ending the Relationship with Dollars?
2:17 The Chinese Strategy
3:45 Sanctions of Russia
5:34 Is China Making a New Currency?
6:58 What is the Thing Behind Gold Shipments
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