🚨 The dollar is actively trying to be dethroned
It's no surprise that Russia is pushing to dethrone the dollar, and other countries are following the same path. As this list quietly grows, the government seems to be doing nothing to counteract and prevent this from becoming a reality.
China, Russia, Brazil, India, ASEAN nations, Kenya, Saudi Arabia, and the UAE are now using local currencies in trade.
Saudi Arabia, widely regarded as the United States' closest ally in the Middle East aside from Israel, has expressed openness to accepting other currencies besides the U.S. dollar for oil trade settlements. This comes after months of Biden publicly criticizing the prince. The Biden administration tried to stop this but was unsuccessful. In fact, Saudi Arabia's leadership wouldn't even return our phone calls.
China, the primary rival to the United States' global economic hegemony, and Brazil, which has Latin America's largest economy, reached a deal to eliminate the U.S. dollar as an intermediary currency in trade and financial transactions. The two economic powerhouses will now conduct bilateral trade in their own currencies, exchanging yuan for reais, further internationalizing the yuan.
During the last week of March, in a historic transaction that marked yet another blow to the U.S. dollar's global hegemony, China carried out its first-ever yuan-settled energy deal—65,000 tons of liquefied natural gas (LNG) from the United Arab Emirates (UAE).
India, also considered an ally of the United States like China, has stepped up its efforts to internationalize its own currency, the rupee, thereby contributing to the de-dollarization trend.
This should be making headlines, with government officials laying out plans on how to combat this. However, instead, the news is dominated by woke agenda, green agenda, and Trump...
Is anyone else noticing the red flags?
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