De-dollarization: China drops US Treasury bonds, instead buys gold, oil, metals

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Geopolitical Economy Report

Geopolitical Economy Report

Күн бұрын

China is reducing its holdings of US Treasury securities. Instead, the People's Bank of China is buying gold, and Beijing prioritizes imports of important commodities like oil and metals. Ben Norton discusses the geopolitical impact of de-dollarization in the world's largest economy.
Check out our related video - "How the dollar's 'exorbitant privilege' enriches the USA (and global elites)": • How the dollar's 'exor...
Topics
0:00 Why countries are de-dollarizing
1:05 Russia & China
1:41 Brazil & China
2:18 Persian Gulf oil & gas
3:29 Central bank FX reserves
4:54 China drops US Treasurys
6:15 Debate in Beijing
8:40 Gold
9:37 Charts: China buys metals & oil
11:21 Strategic petroleum reserve
11:53 Belt & Road Initiative
12:50 East Asia funds US deficits
14:25 Global South funds Global North
15:25 Japan replaces China as top US creditor
16:03 US inflation, interest rates, bond yields, & debt
18:48 Outro
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Пікірлер: 3 200
@dimasrahardja
@dimasrahardja Ай бұрын
Congrats to all the countries who stand against US dictator.
@kimmichaels899
@kimmichaels899 Ай бұрын
Good , stay in china where you belong!! God save the queen!
@DaveBoswell-lz3kc
@DaveBoswell-lz3kc Ай бұрын
Down with US Imperialism
@fzmoifzmoi2575
@fzmoifzmoi2575 Ай бұрын
​@@boi9842Down with brainwashed western supporters
@dad8102
@dad8102 Ай бұрын
@@boi9842doesn’t exist
@dad8102
@dad8102 Ай бұрын
@@boi9842doesn’t exist
@PerceivedREALITY999
@PerceivedREALITY999 Ай бұрын
US wanted to make a fool out of China and Russia. But instead, the US made a fool of itself. Let that be a lesson.
@whereswaldo5740
@whereswaldo5740 Ай бұрын
It ain’t over til it’s over.
@angec.4757
@angec.4757 Ай бұрын
US won't learn. Sadly, it is too arrogant to see any other way.
@royalindiann
@royalindiann Ай бұрын
​@@angec.4757this is true ... they will never learn their lesson. they'll go on and on and on and on until there's nothing left of their pagan nation.
@rainieresguerra6519
@rainieresguerra6519 Ай бұрын
The US dollar has been battering the Rouble and the Yuan in the last 5 years. So funny. 😩
@davidwestwater2219
@davidwestwater2219 Ай бұрын
​@@angec.4757we think russia and china are criminal jokes
@barttfisher
@barttfisher Ай бұрын
I've lived in America and Canada. Paid about the same in taxes but get way more for my taxes in Canada. Most Americans hate the government (hate giving them their money even more) because they've never experienced good governance.
@PennyBergeron-os4ch
@PennyBergeron-os4ch Ай бұрын
I honestly think America needs a completely restructure of their political system. It is just not working. Trump and Biden being elected out of 300 million people to run the country is evidence for that too.
@beafoster747
@beafoster747 Ай бұрын
This is why the US should elect more progressive politicians, who know how to manage budgets and give us (yes, pur country's initials literally spell out that pronoun) much better tax credits in return for better public education and better public healthcare. but since these are nonexistent, my husband and I are being guided to finance our retirement and healthcare through a diversified investment portfolio
@HildaBennet
@HildaBennet Ай бұрын
Hello, how did you handle it? I believe I require a pro after reading these comments
@beafoster747
@beafoster747 Ай бұрын
Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.
@HildaBennet
@HildaBennet Ай бұрын
It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this Sonya looks the part but i'd do my due diligence. I set up a call, thanks.
@aarondaniels5525
@aarondaniels5525 29 күн бұрын
If you are planning for retirement Here are some key pointers. Firstly, kick-start your savings early to benefit from compounding. The longer your money has to grow, the better. Secondly, make the most of retirement accounts like 401(k)s and IRAs, especially if your employer offers a matching contribution - it's essentially free money. Thirdly, diversify your investments across different assets to mitigate risk. Think stocks, bonds, and real estate.
@sophiehernandez4108
@sophiehernandez4108 29 күн бұрын
Great advice for retirement planning! Starting early and taking advantage of employer-sponsored plans can make a huge difference in the long run. And diversifying investments is crucial for managing risk. Thanks for sharing these valuable tips!
@cooperhayes7055
@cooperhayes7055 29 күн бұрын
Spot on! Planning for retirement is crucial, and these pointers are gold. Diversifying investments is a key strategy plus, having an investment expert by your side can really help navigate the complexities and optimize your financial plan.
@josephhughes9583
@josephhughes9583 29 күн бұрын
Absolutely! Diversifying investments is crucial for long-term success. Having a fiduciary has been transformative. She navigates market fluctuations, identifies opportunities, and keeps me on track for retirement. Her tailored advice boosts confidence and informed decisions. Trusting her skills brings peace of mind, ensuring my future is secure.
@AmberDen5293
@AmberDen5293 29 күн бұрын
That's truly remarkable.I hope you don't mind pointing me towards her direction.
@josephhughes9583
@josephhughes9583 29 күн бұрын
she's mostly on Telegrams, using the verified user name.
@honey_badger1968
@honey_badger1968 Ай бұрын
I live in the US, and it will very likely negatively affect me, but - I love me some good news with my morning coffee. The US is like a teenage bully, who's been getting away with stuff for too long. Time for the adults in this world to teach US a lesson.
@psxtuneservice
@psxtuneservice Ай бұрын
Buy gold
@jenga227
@jenga227 Ай бұрын
Same
@TheWhoat
@TheWhoat Ай бұрын
More like a loan shark who gets m*rder b*ners
@coletteday712
@coletteday712 Ай бұрын
Agreed
@doktormcnasty
@doktormcnasty Ай бұрын
@@psxtuneservice What like actual gold and have to deal with the significant costs of storing & securing it or phantom paper gold which will disappear the second you try to claim the real deal?
@jjsamuelgunn1136
@jjsamuelgunn1136 Ай бұрын
US shouldn't be complaining about China dumping their bonds. After all they were the ones that were originally whining about China being their 'biggest creditor' and even threatening to 'cancel' the bonds because of covid.
@barnabusdoyle4930
@barnabusdoyle4930 Ай бұрын
The US is also threatening to seize Russian assets held in Europe. No country should hold western assets or assets in the west unless they want it stolen.
@followthewhiterabbit8561
@followthewhiterabbit8561 Ай бұрын
It's not just USA printing money. It's the whole world printing money. Additionally, you have "criminal" both large and small operations printing fake money all over the world. In Lima, every street corner theres a house, aparment or business who has a printing operation making fake money. The world is figuring out money is a big scam. People are doing what gov's are doing by printing fake valueless money.
@timothychung4811
@timothychung4811 Ай бұрын
Over dumping capacity.🤣
@grandwonder5858
@grandwonder5858 Ай бұрын
When I noticed the US’s propagabda machines were spreading lies about the so-called “China’s debt traps” I knew right away the US was basically accusing China of the things that it does around the world because I knew it was the US that was the one setting up poor countries all over the world into debts that they would never be able to pay off with its IMF system! So when the US accused China of violating human rights of the Uyghurs I knew the US was basically projecting its own crimes onto China since it was the US that stole land from the Native Americans to give to the oil and gas companies so that they could build oil and gas pipelines on native people’s land. Thousands of indigenous Americans are still sitting in prison and jails right now because they protested against the thefts of their land and the destructions of their homes by the US government when the US government sent the national guards to beat them up and to break up their protests! To this day thousands of those native people are still in prison and jails because they can’t afford to pay those $150,000 to $200,000 bonds that were ordered by those shady white judges that are connected to the US government, which means they would likely be in jails and prison for years and years without ever getting their day in court! Those are the sorts of dirty stuff that the US is doing but yet has the gall to accuse China of doing!
@tigrecito48
@tigrecito48 Ай бұрын
china finally proving that US capitalism doesnt work... the only reason it worked was cos america constantly sabotaged communist and socialist nations and cos it constantly stole other nations wealth... it took 80 years for the world to wake up to these mafiosos
@shellylofgren
@shellylofgren 25 күн бұрын
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
@donna_martins
@donna_martins 25 күн бұрын
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
@robert-1miller
@robert-1miller 25 күн бұрын
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
@Trevor_Morrow_LTD
@Trevor_Morrow_LTD 25 күн бұрын
It appears that your investment advisor is highly skilled. Could you please let me know if you are still in contact with this advisor and, if so, how?
@robert-1miller
@robert-1miller 25 күн бұрын
vivian jean wilhelm’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
@Trevor_Morrow_LTD
@Trevor_Morrow_LTD 25 күн бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@wimokaharawira8443
@wimokaharawira8443 Ай бұрын
I'm from New Zealand, our government has been in less than a year. We just joined Aucas, an alliance against our biggest trading partner 🤔🤔🤔. We've had a free trade agreement for nearly 20 years 🤔🤔🤔. None of our mates in the alliance want a free trade agreement with us🤔🤔🤔 All the bad accusations against China our allies are guilt of "or worse"🤔🤔🤔
@prabhakar0076
@prabhakar0076 25 күн бұрын
That's hitting your toe 😂, No common sense in Europe. BTW USA asks for China to buy bonds, 2hat a joke 😂😂😂
@ericshang7744
@ericshang7744 23 күн бұрын
Actually no, NZ is not part AUCUS yet. NZ have a lot to learn from Singapore.
@wh4uf
@wh4uf 22 күн бұрын
NZ just did the proverbial one step forward 25 steps backwards . Good luck and good bye NZ
@wimokaharawira8443
@wimokaharawira8443 22 күн бұрын
@@wh4uf get our old government party back in, we'll be alright
@wh4uf
@wh4uf 22 күн бұрын
@@wimokaharawira8443 that would be a giant task and only if the US allows that to happen.
@sslelgamal5206
@sslelgamal5206 Ай бұрын
Hallelujah brother 😭😭 Can't believe this day is finally coming! Freedom, at last ✌✌
@Vievhyperactief
@Vievhyperactief Ай бұрын
I know, this is gods plan in working, we won. 🫶😇🥲
@slavcpanigaz846
@slavcpanigaz846 Ай бұрын
😂😂😂 I like greens or euros.. f.. chinese and Russian paper
@sslelgamal5206
@sslelgamal5206 Ай бұрын
@@slavcpanigaz846 🤣🤣🤣 and we like Chinese and Russians, f... greenbacks and Euros 👍👍
@BebekGoreng88
@BebekGoreng88 Ай бұрын
@@slavcpanigaz846 I like red or roubles.. f.. westernp igs paper.
@slavcpanigaz846
@slavcpanigaz846 Ай бұрын
@@sslelgamal5206 good luck with rubbles and yuans
@albertlowtengdak6511
@albertlowtengdak6511 Ай бұрын
Right move by China.
@fzmoifzmoi2575
@fzmoifzmoi2575 Ай бұрын
​​@@boi9842Do you get paid for this or do you just like snorkeling the western pudenda? I'm sure it's the latter.
@coletteday712
@coletteday712 Ай бұрын
Definitely right move by China 🎉
@JCSY1
@JCSY1 Ай бұрын
Yes but China should expedite it even faster as the US is extremely desperate to maintain it's hegemony.
@patrickvernon4766
@patrickvernon4766 Ай бұрын
China ie land of Chinese. It’s only the west that was forced to include immigrants to their eternal damnation
@TellenJones
@TellenJones Ай бұрын
They are probably still 2000 tons of gold away from accumulating a meaningful pile. It's a long process
@Puffdamgcdragon
@Puffdamgcdragon Ай бұрын
The Americans killed Gaddafi for this exact same thing
@gamer_dude.
@gamer_dude. 25 күн бұрын
i bet dedolaisation will make USA fattiest coutry to the healthies one.
@MaryLou5239
@MaryLou5239 25 күн бұрын
And they killed Sadam for this .
@vincentkuah2525
@vincentkuah2525 16 күн бұрын
Like what they have just done to Iranian President!!
@B.Mann-rf9wh
@B.Mann-rf9wh 12 күн бұрын
The USA ... such great dictators face-green-smiling but somehow you seem to be enjoying everything the 'dictator nation' has offered you: your computer design, the software inside, the internet, KZfaq where you can voice your 'freedom of expression'. Somehow you can't obtain any of this in real dictatorships like Iran, Venezuela, Hamas controlled Palestine, Venezuela, Russia, North Korea, and a dozen more stink holes. Maybe you prefer living there?
@urrywest
@urrywest 11 күн бұрын
@@gamer_dude. Dedolarisation will show up first in a drop in asset valuations [stock market and real estate] The initial drop will create problems for the average American but it will tend to stablize their life there after. I got this from listening to another video by our emphatic friend Norton.
@thematic3893
@thematic3893 Ай бұрын
They stole from Afghanistan. That’s just disgusting.
@serafinacosta7118
@serafinacosta7118 12 күн бұрын
And Afghanis are welcoming Chinese investment , mostly from private investors. Desolate places that look like piles of rock and sand, just about two years ago, as of now look like sprawling mini enclaves with buildings and road. I remember an Al Jhazeera documentary about a Chinese businessman saying , ….”here we will have housing , there factories and obverse there a school building. “. This right after the stationed American forces lift off from the country. One would think that man was on drugs. But then , low and behold , two years passed by, and the city he envisioned is up and running. The interesting hidden fact is …. When the Congress approved for weapons so Afghanis could fight the USSR , the US Government tied the aid to sending US survey team to Afghanistan. They found plenty under those piles of rocks. Hence the “ fight the Taliban and hunt for Osama “. They did a great favor to the Chinese who realized the country’s underground riches. Like a scorned lover who turns to the next man available , the Afghanis turned to the Chinese.
@surotto4321
@surotto4321 8 күн бұрын
Yeah and im sure the benevolent CCP does no stealing right? Right??
@thematic3893
@thematic3893 8 күн бұрын
@@surotto4321 Typical westerner. Never heard of the CCP stealing wealth from another nation because they were soundly defeated. But I'm sure you can dispel my ignorance of this. 🤡
@cb250nighthawk3
@cb250nighthawk3 Ай бұрын
These financial instruments are used by US to finance wars, maintain the 800 military bases etc
@UvaldeSalter-hh1ej
@UvaldeSalter-hh1ej Ай бұрын
But is Russia literally not doing the same by asking military to step up with alliances. Same difference ain't it??
@jessicayoung1190
@jessicayoung1190 Ай бұрын
@@UvaldeSalter-hh1ej BRICS is not military alliances , unlike NATO .
@UvaldeSalter-hh1ej
@UvaldeSalter-hh1ej Ай бұрын
@@jessicayoung1190 my love check again, Russia just called in military alliances with members of BRICs for no real reason so he want to be like NATO at the same time friends with a person in Ukraine who appearing to have "peace talks" with them to get NATO tanks for free who also friends with Trump and Biden so this ish all planned to make it seem like West bad but they all buddies
@UvaldeSalter-hh1ej
@UvaldeSalter-hh1ej Ай бұрын
@@jessicayoung1190 but they are trying to be. They trying to make West look bad when they all buddies. If Russia friends with person doing "peace talks" in Ukraine at same time NATO tanks ending up in Russia what that tell you if USA shaking the same hand
@UvaldeSalter-hh1ej
@UvaldeSalter-hh1ej Ай бұрын
@@jessicayoung1190 but they are trying to be. They trying to make West look bad when they all buddies. If Russia friends with person doing "peace talks" in Ukraine at same time NATO tanks ending up in Russia what that tell you?
@pulsesdigital7453
@pulsesdigital7453 Ай бұрын
Super act by China !!!! Congrats to BRICS
@arthurlincoln9093
@arthurlincoln9093 Ай бұрын
I'm Indian. Why China not want payment in Rupees?
@pulsesdigital7453
@pulsesdigital7453 Ай бұрын
@@arthurlincoln9093 No Currency is required my friend. Every transaction will be in Digital Currency(Blockchain)/Gold
@ibrahimtouman2279
@ibrahimtouman2279 Ай бұрын
@@arthurlincoln9093it takes two to tango, for that to happen India must accept China’s Renminbi
@SanLucas-hr8pf
@SanLucas-hr8pf Ай бұрын
​@@arthurlincoln9093So you accept renmimbi?If not rupee is useless!
@cryptorenegade1406
@cryptorenegade1406 Ай бұрын
It makes more sense for india to buy RMB cos China produces everything which i think india is buying lots of
@pranavkhanna1547
@pranavkhanna1547 Ай бұрын
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
@karenwilliams9653
@karenwilliams9653 Ай бұрын
Invest in real estate, ETfs and high-yield savings account.
@TonyRiley-qb7sw
@TonyRiley-qb7sw Ай бұрын
Just buy Gold and protect your assets, the stock market is a rollercoaster.
@lisaMauer-sj5el
@lisaMauer-sj5el Ай бұрын
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on Etfs and actively managed funds. I am up by 418% in 1 year under guidance.
@karenwilliams9653
@karenwilliams9653 Ай бұрын
how do I get one and interview them? Considering your point I won’t want to get into a bubble. Can you recommend any?
@karenwilliams9653
@karenwilliams9653 Ай бұрын
Cheers man. Sharp looking lady. Hopefully she has my time. I wrote her then set up a call.
@dialogswithgod7128
@dialogswithgod7128 Ай бұрын
The BRICS are buying gold like no tomorrow.. Anyone noticed that no nations has parked their money into US treasury since January 2022, the world's safest and most liquid market since WW2. This speaks volumes towards de-dollarization.
@unknown-hb2to
@unknown-hb2to 28 күн бұрын
Brics is a failure and won’t go anywhere. Its 2 biggest members china and india don’t even like each other 😂
@cstevenson5256
@cstevenson5256 28 күн бұрын
The US has 60% more gold reserves than all BRICS combined.
@rogerburn5132
@rogerburn5132 Ай бұрын
There is No point China to hold US dollars. When they can pay for oil from Russia and Soudi Arabia in Chinese yuan 😊
@fannyalbi9040
@fannyalbi9040 Ай бұрын
china use usd for small bri countries development that still use usd
@phongy45
@phongy45 Ай бұрын
USA PLANNED NOT TO RETURN OR HONOUR THOSE BILLS?
@babloo355
@babloo355 Ай бұрын
It's is the rule that was applied on impotent arab countries in 1976 . If they deviate USA ll attack in the name of weapos of mass destruction or human rights , etc. Iraq Libya destruction was done due to the same reasons. There were no weapons of mass destruction in Iraq Libya wanted to trade in gold so it was destroyed by the massive American military system .
@Michael-F4ul5kzbuck
@Michael-F4ul5kzbuck Ай бұрын
@@fannyalbi9040 interesting....what countries is that??
@UvaldeSalter-hh1ej
@UvaldeSalter-hh1ej Ай бұрын
The oil from Africa right? So Africans making them rich after building infrastructure there and then only then making the West look bad ..... I'm just trying to since why you promoting slave traders who have been known to pay groups to harrass aficans, link with china for oil deals having divested your own, and then pump up a currency that ain't yours.....
@sheritownsend5359
@sheritownsend5359 Ай бұрын
America is not the country I thought it was. This will have a negative impact on my finances, but someone has to stop America's strangle-hold.
@Support_Ad_Blocker
@Support_Ad_Blocker Ай бұрын
sheritownsend5359 The U.S. was always an illusion. And a paper tiger.
@DavidJohnson-yg8qm
@DavidJohnson-yg8qm Ай бұрын
The current administration in the US shows the world just how corrupt it is. A lesson to us all that we can no longer trust this country until it gets its house in order.
@gabyradu8266
@gabyradu8266 Ай бұрын
Well...the good times are pretty much gone. So called "inflation export" doesn't seem to work anymore. Remember the presidents that came on Tv and said " We need to export inflation" ? So...the federal reserve printed dollars and distributed to banks...banks gave it to "investors" who run around the world buying all sorts of things... oil , gold , coffee, cars , planes, boats , toys , land and all sorts of investments from power plants to highways. Even funding all king of weird agendas...like women equality or pride parades. Now the dollars comes back to home. There are 2 possible outcomes. Or it turn in hyper inflation and collapse America...or the Gov takes drastic measures on spending to pay part of the debt. In both cases it mean poverty. Might not be this year or not next 3 yrs...but its coming . If you want to save ur wealth...invest in gold and properties.
@road2morality
@road2morality Ай бұрын
It’s been colonized by unpatriotic non American Jews, that’s why
@forsale313
@forsale313 Ай бұрын
The American Financial System has been a shell game (with no Peanut) since it left the Gold Standard. Bottom line.......the American Dream is a LIE and always was for those of us that have to work for what we get!
@AoiKaze-xt6rk
@AoiKaze-xt6rk Ай бұрын
As someone who lives in South East Asia and have interacted with Americans, I can definitely tell you that USA is likely to face economic oblivion in pursuing its desire for continued global domination. The level of hubris of American govt is beyond belief. I honestly think USA has nothing left to offer. I would'nt even visit the US, a banana republic masquerading as a "First World country", much less do business with them seeing how they can just confiscate your money. South East Asia, including the Malay Archipelago, have centuries-long history of trade and commerce, even cultural exchanges with ancient China, which continues up till this day. We will not let a bully coerce us into cutting ties with an old friend whom we know so well and for so long.
@josephlau9585
@josephlau9585 Ай бұрын
Very well expressed. Kudos
@Africanchild825
@Africanchild825 Ай бұрын
We feel the same way about China in Africa.
@user-dz4jl3be9t
@user-dz4jl3be9t Ай бұрын
I was in Chiangmai Thailand for 6.5 yrs. When asked where I was from I just said I hold a U.S. pp. just moved back to US but the only thing 😢that would make return is the economy Living in the Us is too intense & complicated Not sure I can adjust
@NopWorks
@NopWorks Ай бұрын
Can't even visit & travel to the US easily as Asians, because their Visa is infamous for being so random & hard to get. Meanwhile the US want to walk into Asia freely. While they're acting like sitting on high horses, China has been making it easier & easier for people to visit.
@prairiehills416
@prairiehills416 Ай бұрын
100% correct. The USA is a shit show under Sleazy Joe. Prostitutes, Drug Dealers and Terrorists have overrun the country.
@halimharon9489
@halimharon9489 Ай бұрын
Why US brutally taking away other nations money😮..
@upstny
@upstny Ай бұрын
The world is getting tired of being a hostage
@surotto4321
@surotto4321 8 күн бұрын
Cool. Now see how terrible the world becomes when ruled by the CCP.
@F_Liu
@F_Liu Ай бұрын
Another great report Ben. Yes Di Dongsheng (翟东升) is a much credited Chinese intellectual specialised in US and Chinese economy. There has also been internal talks among other experts advising the Chinese government to reduce US debt holdings. And there has been no promises from China to buy more US debts so far, because it makes no sense to bail out the US while China is being threatened with further economic/tech sanctions on top of the existing unilateral sanctions violating WTO rules.
@lazarusguan2388
@lazarusguan2388 Ай бұрын
China's decision makes sense. Why lend a helping hand to a bully who would mutilate it?
@brandtbollers3183
@brandtbollers3183 Ай бұрын
Charter of U.N.Sanctions are Solely the Matter of the UNSC.Alone.All others are illegal.
@AnitaSalas-lr9ic
@AnitaSalas-lr9ic Ай бұрын
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson🇺🇸🇺🇸🇺🇸..
@Yusuf-di8cw
@Yusuf-di8cw Ай бұрын
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.
@Andrea-hy8df
@Andrea-hy8df Ай бұрын
She's a licensed broker in the states 🇺🇸
@Andrea-hy8df
@Andrea-hy8df Ай бұрын
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
@sheltonunrabbe
@sheltonunrabbe Ай бұрын
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
@Andrea-hy8df
@Andrea-hy8df Ай бұрын
*Always active she'll guide definitely*
@holymemoly3833
@holymemoly3833 Ай бұрын
as an Iranian myself , i highly recommend every country to not use dollar , because it's not a currency , it's a weapon used by bad bad bad people
@unknown-hb2to
@unknown-hb2to 28 күн бұрын
Of course you do lol Iran hates America
@Sandip6521
@Sandip6521 25 күн бұрын
What about countries like North Korea . How can we punish them ?
@wynterwei9628
@wynterwei9628 25 күн бұрын
@@Sandip6521 Did North Korea Bomb or invade other countries? Or just because you hate it?
@JonathanCoates89
@JonathanCoates89 22 күн бұрын
hes a bad bad man
@HellBot-gi5si
@HellBot-gi5si 18 күн бұрын
Sorry, Iranian but you never see a new BRICS currency ever. You forget Iranian that the Euro when first came out was used by terrorist and gangster to buy guns. The Euro was used to buy illegal drugs such as "heroin" and "Cocaine". It used b pimp to sell women and online pornagraphy. You will not see BRICS currency ever. You will be restricted Iranian to only Iranian currency only so that hardliners like Ebrahim Raisi can control you. If was up the the hardliners of Iran they would put a camera in your bedroom to make sure you not doing anything unnatural.
@afzaalkhan.m
@afzaalkhan.m Ай бұрын
Loot and plunder of most poor countries that are helpless
@weissomar185
@weissomar185 Ай бұрын
Sad to see USA steal poor Afghanistan money.
@adamiskandar5107
@adamiskandar5107 Ай бұрын
With the rise of China and Russia, they are no longer helpless. Even small African countries like Chad, Niger, Mali and Burkina Faso could stand up to the West although they know they risked, being coup.
@forsale313
@forsale313 Ай бұрын
China used to be one of those Countries until America allowed them to open and stock (with their own Cheap goods) 99cents Stores about 30yrs ago in the U.S.
@alirott2271
@alirott2271 Ай бұрын
THE AMERICAN WAY
@MSDGroup-ez6zk
@MSDGroup-ez6zk Ай бұрын
@@forsale313 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
@lawrencecheong29
@lawrencecheong29 Ай бұрын
Moral of the story" Those living in glass houses must never throw BRICS!
@raquelbrac8497
@raquelbrac8497 Ай бұрын
Great one. LOL
@dias2627
@dias2627 Ай бұрын
Fantastic 😂
@DCRelaxingrainsoundsleep54
@DCRelaxingrainsoundsleep54 Ай бұрын
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
@jacktherack9551
@jacktherack9551 Ай бұрын
Classic comment,,,
@billinsf88
@billinsf88 Ай бұрын
Bingo!!
@dee-vee
@dee-vee Ай бұрын
15:50 The Japanese yen is collapsing; yet, Japan's US Treasuries holdings increased. That's what a vassal state does.
@bktan3111
@bktan3111 Ай бұрын
All those countries that are not favoured by USA and are rich in resources should gather together and de dollarise. I m very sure that these countries will move forward and progress faster.
@rogerburn5132
@rogerburn5132 Ай бұрын
No Petro dollar the US Dollar is finished. Iraq. Iran. Russia. Soudi Arabia are taking Chinese yuan and other currency for oil. Instead of US dollars 😮
@fannyalbi9040
@fannyalbi9040 Ай бұрын
don’t think china buy oils from russia n iran using usd 😂😂😂 brazil probably sell products to china using yuen too
@rogerburn5132
@rogerburn5132 Ай бұрын
@@fannyalbi9040 China is buying oil from Russia. Iran. Iraq. Soudi Arabia payment in Chinese yuan Not USA dollars. China trade with Brazil in Chinese yuan. In return Brazil is buying Chinese goods with the Chinese yuan. NO dollars Needed
@yfelwulf
@yfelwulf Ай бұрын
Japan the biggest holder of US Bonds their economy passed basket case a decade ago they're PHUCKED
@seadoomania
@seadoomania Ай бұрын
It’s happening but not fast enough
@rogerburn5132
@rogerburn5132 Ай бұрын
@@seadoomania it doesn't have to be fast because China still has 850 Billion US government bonds and if it's fast USA will Not pay back the borowed Money from China. It's slow until China get rid of the US Dollar.
@RickBelt
@RickBelt Ай бұрын
How can the USA survive without the money printing machine if no one wants this currency anymore?
@user-fr6rg6gy3l
@user-fr6rg6gy3l Ай бұрын
They dont
@notgonnadoit32
@notgonnadoit32 Ай бұрын
we haven't gotten to that point yet. Until countries refuse to accept the USD America will remain relevant.
@reptilexcq2
@reptilexcq2 Ай бұрын
They have already abused the printing and they know they can't stop it because their economy depends on it. It's like someone keep applying for credit cards and then using it up and then applying for another one and keep repeating just for their survival. And they know they can't pay back. That is America financial system in a nutshell. They're basically running a fraudulent financial pyramid scheme that depends on others to survive. If every country withdrawal from US bonds, they're dead. So, this is a classic pyramid scheme, all the players must participate and be a part of the pyramid. IF they all withdraw from the game, the pyramid will crash. China is withdrawing.
@somekindaguy100
@somekindaguy100 Ай бұрын
First they go to War then it gets worse from there
@LunaLapin-ho5tk
@LunaLapin-ho5tk Ай бұрын
@@notgonnadoit32 The US will be as relevant as Canada and Mexico. The petrodollar has died and there are new payment processors for cross border trade so there is no need for dollars.
@FredMeyer-no3ji
@FredMeyer-no3ji 23 күн бұрын
Your videos were great!! I'm one of your viewers and have been watching your videos lately. I would like to invest, but I still can't find the right investment to commit to. I will appreciate any help here.
@adrainbogdan
@adrainbogdan 23 күн бұрын
I always wanted to trade crypto for a long time but the volatility in the price has been very confusing to me although I have watched many KZfaq videos about it but still find it difficult to understand.
@PromiseNice-jb8ok
@PromiseNice-jb8ok 23 күн бұрын
Trading in Bitcoin now is the wisest thing to do now especially beginner....
@YoungParis-ss7fx
@YoungParis-ss7fx 23 күн бұрын
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
@DesTiny-jh4cn
@DesTiny-jh4cn 23 күн бұрын
Trading is easy, but trading the right coin without a time-tested strategy is incredibly hard.
@SavAge-rn4rb
@SavAge-rn4rb 22 күн бұрын
How can someone know a professional broker when legit once are hard to find this days
@mjmf1430
@mjmf1430 Ай бұрын
USA can still survive because it’s unlikely EU and G7 countries would de-dollarise. The new world would be polarised, with the USA and its allies in their own orbit, pulled away from the rest of the world which is the other more than 160 countries. Which also means the problem in the USA (high debt, stagnant middle class, widening middle class, high cost of living, social unrests, etc) would only get worse, not better.
@Ray5C0rn3r
@Ray5C0rn3r 6 күн бұрын
France recently paid china in yuan
@PerceivedREALITY999
@PerceivedREALITY999 Ай бұрын
Thank you Ben. Independent journalists with journalistic integrity are the heroes of our time.
@user-kf1pf5qw4d
@user-kf1pf5qw4d Ай бұрын
ROFL ... when you sai it, it means the opposite ...
@mohdhatarobani8536
@mohdhatarobani8536 Ай бұрын
Makes sɛnsɛn, good talk
@MSDGroup-ez6zk
@MSDGroup-ez6zk Ай бұрын
@@mohdhatarobani8536 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
@hammadsethi5329
@hammadsethi5329 Ай бұрын
Always support a healthy competition.
@kaydub4788
@kaydub4788 Ай бұрын
This is probably the single best video I've seen on de-dollarization. Well-researched and logical. Many other videos on the subject have the additional agenda of shilling for cryptocurrency or gold. Well done.
@davidrichards1741
@davidrichards1741 Ай бұрын
Gold has doubled in value against the USD in just a few short years. Meanwhile, long US Treasury bonds have lost over half their value as everybody jetisons that worthless junk.
@sprinkz6187
@sprinkz6187 Ай бұрын
While China is busy with tech and innovation, the US and the West are busy deciding over who’s a boy or girl and arguing what pronouns to use
@user-re1yw3lm5n
@user-re1yw3lm5n Ай бұрын
FACTS 😂😂😂😂😂😂💯💯💯💯
@masteryourkitchen-areyouga7237
@masteryourkitchen-areyouga7237 Ай бұрын
funny I live in the west .. and have never seen that in real life ... only on youtube.. think it is made up ... and not real
@mtdewramen
@mtdewramen Ай бұрын
​@@masteryourkitchen-areyouga7237so glad I don't pay attention to culture war bs.
@ATS_i_piss_on_G00gle
@ATS_i_piss_on_G00gle Ай бұрын
Bulls eye ,man,bulls eye.
@DCRelaxingrainsoundsleep54
@DCRelaxingrainsoundsleep54 Ай бұрын
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
@DavidLee-ie7gv
@DavidLee-ie7gv Ай бұрын
Love your comments, it's sharp, clear and simple English for us to comprehen.
@anthonymorrison6557
@anthonymorrison6557 24 күн бұрын
The introduction of a Bitcoin ETF marks a groundbreaking moment in the cryptocurrency world, merging digital currencies with traditional investment methods. This innovation could stabilize Bitcoin prices and broaden its appeal to a wider range of investors, potentially increasing demand and value. At the heart of this evolution is Sarah Jennie Davis, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment
@jonesfrederick1228
@jonesfrederick1228 24 күн бұрын
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH... Stock)
@anthonymorrison6557
@anthonymorrison6557 24 күн бұрын
She is really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto investment
@amaeryamidus
@amaeryamidus 24 күн бұрын
I have heard about her excellent trading expertise in CNBC news, guess she's more popular in United States
@udeikechukwu2348
@udeikechukwu2348 24 күн бұрын
YES!!! That's exactly her name (Sarah Jennie Davis) so many people have recommended highly about her and am just starting with her from Brisbane Australia
@EricVincent-xj4vo
@EricVincent-xj4vo 24 күн бұрын
I thought I'm the only one that knows her well I guess her good reputations speaks for her now
@Ashen2501
@Ashen2501 Ай бұрын
Actually the only country has to be blamed on dedollarization is... US itself ^_^
@johnyan836
@johnyan836 Ай бұрын
If you go to anywhere outside of China and you let people pick the same value of USD or Chinese Yuan. Which one do you think the people would pick?
@Ashen2501
@Ashen2501 Ай бұрын
@@johnyan836 Right now? They will choose USD of course. In next ten years? Who knows... Poblem is that even US treasury admits that USD real cost is less than cost of a paper it's printed on. Right now USD is backed only by US army and it's nuclear potential. Because US mostly is a country of digital goods, while most of other countries are produce real commodities, real treasures. Personally me, if given choice, i'd preffer neither USD nor Yuans, i'd preffer precious metals, like Gold, SIlver, Platinum etc. These are rock solid currencies, which existed before and will exist after any other fiat toilet papers ^_^
@johnyan836
@johnyan836 Ай бұрын
@@Ashen2501 Unless US military suffers a severe defeat by the Chinese military. Otherwise, USA still prints paper and the world will bring gold to exchange whatever the paper prints.
@Play4Vida
@Play4Vida Ай бұрын
​@@johnyan836 countries are not picking US because they want too, they have too, and that creates a lot of mistrust. Now that China is in the picture US will drown own its own threatening behavior and waging wars and indirectly starting wars, on top, weaponizing the dollar. You think the world don't see this? It's a matter in time US will pay for all their wrong doings.
@wellesoncarvalho
@wellesoncarvalho Ай бұрын
​@@johnyan836 Not the point why people are stopping to use dollar. Countries are afraid to lose all their efforts just because USA doesn't like you... Example: why tf Cuba can't do much international trades? According to USA because there they don't have "freedom" (it's the real excuse, seriously, see the USA saying that in 2023 in the UN reunion), but why Qatar can trade with US dollars when they literally have slaves? Cuba can't trade internationally because USA doesn't like Cuba, simple as that. See how is that dangerous? Now, for example, my country (Brazil) have a lot of lithium, so Tesla are interested, but for us it is economically better trade with BYD, what if USA government see this as "they prefer to trade with China, so they're against us 😠" and just ban Brazil from using US dollars... And then our economy just get worse and worse because we can't trade with other countries, like they did with Cuba... HOW THE FUCK DO WE TRUST DOLLAR? They literally can say "yeah, I don't like you anymore, so that's -5 billion dollars and you can't trade anymore lol". We (in development countries) NEED stop using dollars, USA it's not the judge of the world. It's that simple.
@redtop1705
@redtop1705 Ай бұрын
The US and Europe are finished
@ireneserrano4570
@ireneserrano4570 Ай бұрын
US and Europe have been fkd already, we have no industries, we depend on others for manufacturing, rae materials.. everything! But many can't even realise m, but the moment the doIIar hegemony ends the sht will blow up in our facea
@cosmoray9750
@cosmoray9750 Ай бұрын
Canada as well. " The government of Canada has wound down its gold reserves to basically nothing after a multi-year strategy of selling them off in favour of hoarding other countries' currencies instead." I believe Canada is the seventh on the list of holding US treasury. That was a dumb more by Justin Trudeau to sell what is left of the gold reserve. " Ottawa sells off almost all its gold reserves, leaving just 77 ounces - or less "
@pkia898
@pkia898 Ай бұрын
Hahahahahahahaha 😂
@MrGeorgewf
@MrGeorgewf Ай бұрын
About time
@user-xp3jb6ve9w
@user-xp3jb6ve9w Ай бұрын
The west has been playing fraudsters for several decades - It's over for the West - Time for them to be humbled
@GreenIsland38
@GreenIsland38 Ай бұрын
Excellent information and reporting from G/E. Thanks Ben, stay safe and keep it coming.👍👍
@usiohaki295
@usiohaki295 Ай бұрын
Sell US treasury bills fast, otherwise risk of being frozen.
@rogerburn5132
@rogerburn5132 Ай бұрын
Exactly
@litchi4507
@litchi4507 Ай бұрын
A tool of neocolonialism.
@user-sf7kl9uh7k
@user-sf7kl9uh7k Ай бұрын
No, that's BS
@avocadoarmadillo7031
@avocadoarmadillo7031 Ай бұрын
@@user-sf7kl9uh7k How is it BS? US puts tight controls over how US dollars can be spent and has a history of seizing foreign reserves. You don't want to dump a ton of treasuries all at once because you won't get a good deal, but purely from a strategic perspective US treasuries have substantial risk if your policy (as a sovereign nation) deviates from US policy. Seizure of reserves kept in US accounts happened with Afghanistan, I believe with Venezuela (although that may have been the UK at the US's request... need to google it), is desired with Russia, and at one point led to the incarceration of a Xuawei executive (spending US dollars in a non-permitted manner). Try to be less emotional, fooling yourself and ignoring history isn't actually good for your nation, even if some people in DC think it is. It only encourages bad policy.
@rogerburn5132
@rogerburn5132 Ай бұрын
@@user-sf7kl9uh7k it's not BS you just don't know the bond market
@pessi6185
@pessi6185 Ай бұрын
A good indication for people to follow China's path & buy some Gold and Silver to protect themselves from the looming collapse of fiat currencies.
@Praisethesunson
@Praisethesunson Ай бұрын
People aren't nation states. Unlike you. China has a literal industrial use for gold and silver. If you want to invest like China. Buy Chinese government bonds.
@Uncanny_Mountain
@Uncanny_Mountain Ай бұрын
Govt by People's Referenda: Peaceful Occupation of our Capitals until it's installed, or run Mascot Candidates Single Issue Referendums with thresholds and a social contract means Communities can vote their own laws. A Public Authority can audit police and prosecute bad cops in our own courts. Nationalise resources and give Indigenous peoples the right of Sovereignty over them as Guardians. This can be achieved through a General Strike or Velvet Revolution, much like the Occupy movement, peacefully occupying State Buildings until a People's Mandate can be implemented. With the appropriate checks and balances, you could have a national digital forum where qualified professionals can debate the issues in a public setting without all the disinformation and bad faith antics, hatespeech etc. Any vote would need to pass the 70% threshold, with a veto or _rewrite_ vote needing 30%. The issues would be debated, the public educated, and then a vote taken. Votes that fail will have to wait a year before trying again. Any new proposal (Citizen Initiated Referendum) would have to reach a threshold of support before it made it onto the register. This would be subject to a Social Contract (New Constitution) that forbids human rights abuses and discrimination. That can be written in the same manner based on the core principles we all share. Councils and Boards could operate in the same fashion at Scale. It works in a way that obligates people to better educate themselves ( that is to use logic and evidence in their reasoning ) for a better understanding of the issues, and then take collective responsibility for the outcomes. As opposed to the divisive US v them scapegoating and bi-partisan finger pointing the current Capitalist Pyramid Scheme runs on. We need Government by People's Referenda, either through Mascot Candidates or Peaceful Occupation of the Capitals until one is established. Make it an annual event on Oct 14
@pessi6185
@pessi6185 Ай бұрын
@@Praisethesunson Yes that is true that China has industrial use for Gold & Silver (more so silver). But Gold & Silver are known as real money & have been for thousands of years. All fiat currencies devalue against Gold & Silver and eventually go to 0. Investing in Gold & Silver is a way to protect yourself against inflation(aka devaluation of your currency). That's why lots of the Chinese public are also investing in Gold & have been encouraged to do so by their Government.
@sergeylos8939
@sergeylos8939 Ай бұрын
There were precedents of gold confiscation from population in US, so nobody is safe.
@aksapriix2383
@aksapriix2383 Ай бұрын
China's take more options to trade with more openly .. not only using $.
@DF-dd5nf
@DF-dd5nf Ай бұрын
I always enjoy watching your videos. We are lucky to have you. ❤❤❤
@user-xq8qx6bg2j
@user-xq8qx6bg2j Ай бұрын
❤❤Thanks Ben for the report.. wish you well in your studies🙏
@mbronzeinfo7950
@mbronzeinfo7950 Ай бұрын
END OF THE USD END OF THEIR ECONOMIC SYSTEM THANKS GOD💯
@cliffgaither
@cliffgaither Ай бұрын
Yellen wasted her frequent flyer miles going to China to scoll Her about Her powerful economy ; now, China has dumped us currency. She [ Yellen ] must have flunked international diplomacy.
@albertlowtengdak6511
@albertlowtengdak6511 Ай бұрын
She is a failed student!
@massivecumshot
@massivecumshot Ай бұрын
Members of the 'chosen tribe' can never admit they are equal to anyone.
@psxtuneservice
@psxtuneservice Ай бұрын
Maybe shouldnt have been drunk on a state visit
@teatree6228
@teatree6228 Ай бұрын
She boosted the tourism industry for China- she enjoyed beer and good cantonese dim sum- her next trip- see pandas and go Xinjiang to enjoy the culture and music, tang dynasty at xian, muslim culture in Ningxia, climb the Great Wall and visit the Forbidden palace
@paularnold1930
@paularnold1930 Ай бұрын
Yellen is an ex teacher NOT an economic expert or diplomat
@Cinepobrefilmfestival
@Cinepobrefilmfestival Ай бұрын
"make gains at the expense of others" what an original concept.
@user-ob3ce2le2o
@user-ob3ce2le2o Ай бұрын
Wenn es um Schulden zurück zahlen geht, droht man mit dem Krieg. Originell? Bis jetzt hat es funktioniert
@johnmatthews8810
@johnmatthews8810 Ай бұрын
Excellent presentation Ben. The clock is ticking on US global hegemony.
@user-ho4fo7fv6p
@user-ho4fo7fv6p Ай бұрын
Maybe in next 100 years loll
@johnmatthews8810
@johnmatthews8810 Ай бұрын
@@user-ho4fo7fv6p More like six months lol
@MSDGroup-ez6zk
@MSDGroup-ez6zk Ай бұрын
@@user-ho4fo7fv6p Nah you can see the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough.
@tia904
@tia904 28 күн бұрын
Too big to fail. Ch has huge trade interests there.
@mikem4432
@mikem4432 Ай бұрын
Long story short.. China is done with American BS.
@raquelbrac8497
@raquelbrac8497 Ай бұрын
LOL
@user-re1yw3lm5n
@user-re1yw3lm5n Ай бұрын
💯💯😂😂THE ALL WORLD 🌎
@DCRelaxingrainsoundsleep54
@DCRelaxingrainsoundsleep54 Ай бұрын
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
@danieldonahue9336
@danieldonahue9336 Ай бұрын
But china blows
@stevensica5918
@stevensica5918 Ай бұрын
Well, enjoy your new masters. It won't be long until they turn on you.
@deonlubbe6127
@deonlubbe6127 Ай бұрын
Go BRICS
@davidrichards1741
@davidrichards1741 Ай бұрын
Stanley Druckenmiller, arguably the world's best investor today, recently said that the loss of the reserve currency would crash the US standard of living by about 75%, even worse than that study says. It would also force the US to massively withdraw from its foreign warmongering around the world and all US military bases would have to close.
@marques10010
@marques10010 Ай бұрын
You've got a new sub... Thanks for the unbiased information!
@adventure9183
@adventure9183 Ай бұрын
The US lost its way and forgot about the philosophy of equality
@Lucia-sy7le
@Lucia-sy7le Ай бұрын
Justice, Freedom, God; we've forgotten about EVERYTHING that made us who we are.
@Zilma-jm8sz
@Zilma-jm8sz Ай бұрын
equity is what they offer us.. equity under tyranny
@chadpreston5549
@chadpreston5549 Ай бұрын
All Democrat doings
@grandwonder5858
@grandwonder5858 Ай бұрын
The US never had any philosophy or equality in its entire history! Its only belief is to steal as much as it can!
@BlackPill-pu4vi
@BlackPill-pu4vi Ай бұрын
@@chadpreston5549 It goes far deeper than the Democrats and GOP. ✡🕎
@philiplow2134
@philiplow2134 Ай бұрын
Why countries never learned lending money to Mafia.
@royalindiann
@royalindiann Ай бұрын
Ha ha ha we the people witnessing the comedy show of battle warned them 😂
@laowantongchau
@laowantongchau Ай бұрын
Sometimes you have no choice because the Mafia is your " Protector" or...colonizer , like Japan..
@DCRelaxingrainsoundsleep54
@DCRelaxingrainsoundsleep54 Ай бұрын
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
@MSDGroup-ez6zk
@MSDGroup-ez6zk Ай бұрын
If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
@user-gg9wp3qp9p
@user-gg9wp3qp9p Ай бұрын
Thank you for all you do
@alfiedos-reis8276
@alfiedos-reis8276 Ай бұрын
Congratulations to China and Russia.👏👏👏👏👏👌
@maxsarjay5730
@maxsarjay5730 Ай бұрын
One of the biggest atrocities on freedom of speech has been happening with the young adults in the college across America free Julian Assange before it's too late to free ourselves world press Freedom Day was yesterday and nobody came to free Julian Assange what a crying shame
@peanut0brain
@peanut0brain Ай бұрын
There was never "freedom of speech" in the US . As old prof Richard wolf says, he remembers even Vietnam War protesters got beat up and jailed. Same for the "occupy wall st" protesters a decade ago.
@Uncanny_Mountain
@Uncanny_Mountain Ай бұрын
Call for Govt by Citizen Initiated Referendum No more Parties or Politicians, occupy the capitals and March every Oct 14
@tiberio1352
@tiberio1352 Ай бұрын
Use comas, periods, etc,. You make no sense.
@fzmoifzmoi2575
@fzmoifzmoi2575 Ай бұрын
​​@@tiberio1352That's because your English is low level. You talk about punctuation marks and can't place them into his cooment to understand what is being said. SMH 🙄
@fzmoifzmoi2575
@fzmoifzmoi2575 Ай бұрын
​@@tiberio1352and learn to spell "commas" or else people will think you've been in "comas" on and off your entire life.
@sandponics
@sandponics Ай бұрын
US default coming soon. You had better start growing your own food ready for when the farmers all go broke and stop farming.
@thinkbeforeyoutype7106
@thinkbeforeyoutype7106 Ай бұрын
Great reporting as always
@edmundlui6016
@edmundlui6016 Ай бұрын
Great report. Well done.
@helios4u2
@helios4u2 Ай бұрын
ALL COUNTRIES MUST REFUSE THE US DOLLAR AND DEMAND TO BE PAID IN A CURRENCY CONVERTIBLE INTO GOLD, OR IN GOLD DIRECTLY. THE US DOLLAR IS NOW WORTHLESS AND US DEBT MAKES IT A CURRENCY THAT IS BEING DEVALUATED MORE AND MORE EVERY DAY.
@royalindiann
@royalindiann Ай бұрын
We warned them that the fake wars to delusionally conquer (steal) people's land would backfire and the larger nations that have thousands of years of experience in intelligence and war (America is about 200 years of a nation) would destroy them and crash their currency. Now look ... The Dollar is crashed, every nation is turning against NATO and USA, borders open, nation in record debt, the people of the nation are harming children, the nation lost all value and morals in every way not just in their currency. The currency reflects the people of the nation and their intelligence. Sad. Shouldn't of picked on and bullied foreign nations and their people. Now look at their nation and their people. Tisk tisk. Let's watch them save themselves, I mean the dollar
@jorgebarriosmur
@jorgebarriosmur Ай бұрын
Gold is good, and usefull......if things go southwards to a certain degree. But if things go totally southwards, gold won`t tell you how to purify water, you won`t be able to eat it, or plant crops on it, and it will not defend you (unless you throw it at somebodys head)......and nobody will want it or give you something in exchange...... It is as simply as to avoid putting all your eggs into the same basket......just in case......
@lazarusguan2388
@lazarusguan2388 Ай бұрын
@@jorgebarriosmur I agree with you. What humans cannot survive without is air, food and water. Warm clothing for those living in cold areas. Skills and knowledge are definitely more useful than money and gold in a totally south situation.
@jay429429
@jay429429 Ай бұрын
Gold ewwwww, Too heavy... I wonder if there is a digital solution hmm... Perhaps a digital gold that no one can control or take away from you. Dang I wish we had something like that.
@paulbyrne7015
@paulbyrne7015 Ай бұрын
Well, look on the positive side.....they've printed SO much of it, they'll never run out of toilet paper...not for a few grnerations anyway! 😊
@HarrryClaudeLaBar
@HarrryClaudeLaBar Ай бұрын
Wonderful News - GREAT VIDEO !
@javiervadell66
@javiervadell66 Ай бұрын
Genial Ben! Gran aporte y un gran abrazo
@realdeal7074
@realdeal7074 Ай бұрын
WTF. HOW IS IT OK TO STEAL SOMEONE ELSE'S MONEY?!
@susanpetropoulos1039
@susanpetropoulos1039 Ай бұрын
Think Godfather type bullying is just for local gangs and cartels?
@inbuckswetrust7357
@inbuckswetrust7357 Ай бұрын
The Anglo-Saxons and others have been doing this for CENTURIES.
@Colleen222
@Colleen222 Ай бұрын
In the Western world's it's legal to steal money to feed their neocolonial systems! The 5 eye countries and Europe work in unison to justify their neocolonial atrocities locally and abroad, abusing that US dollar to hold the world hostage!
@Colleen222
@Colleen222 Ай бұрын
The 5 eye countries and Europe have neocolonial systems that benefit Western hegemony!​@@inbuckswetrust7357
@DCRelaxingrainsoundsleep54
@DCRelaxingrainsoundsleep54 Ай бұрын
de dollarisation is must for world. america dictation on other country is no more. every country should be free
@RG-jr8ym
@RG-jr8ym Ай бұрын
The world is tired of the USA being the bully, its about time they are taught a lesson
@friendshipauto8241
@friendshipauto8241 Ай бұрын
Yes! Biden weaponized the dollar and all Americans will suffer as a result of his actions.
@user-kf1pf5qw4d
@user-kf1pf5qw4d Ай бұрын
But the USA is the one who secured globalization ... Without them china would be still 3rd world country!
@mattiarubio3240
@mattiarubio3240 Ай бұрын
Unfortunately due to globalization the strongest country in the world will always act as a bully. If the usa falls china will take their place.
@user-nj3mp9jh1r
@user-nj3mp9jh1r Ай бұрын
Thank you . About time.
@MSDGroup-ez6zk
@MSDGroup-ez6zk Ай бұрын
@@user-nj3mp9jh1r If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
@pizzazombie7373
@pizzazombie7373 Ай бұрын
Fantastic show and channel thank you 💸
@robertwilson214
@robertwilson214 Ай бұрын
Liked.Concise and informative.
@eymaslacker
@eymaslacker Ай бұрын
Who could have guessed that customers (of securities) didn't like having promises broken, sanctioned for doing too well and getting slandered. Its definitely the customer's fault
@oscarreidd5336
@oscarreidd5336 Ай бұрын
True .
@raquelbrac8497
@raquelbrac8497 Ай бұрын
Yes, we are now living in a society where the customer is treated like he/she doesn't matter. Now I realize that the message, as usual, comes directly from the top.
@DCRelaxingrainsoundsleep54
@DCRelaxingrainsoundsleep54 Ай бұрын
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
@3vil3lvis
@3vil3lvis Ай бұрын
@@DCRelaxingrainsoundsleep54 The word you are looking for is sovereign, and that is the opposite goal of China: They would make vassal states of everyone they deal with, you need only look at the terms and conditions of the Belt and Road initiative to see that they want ownership of everything they build.
@DCRelaxingrainsoundsleep54
@DCRelaxingrainsoundsleep54 Ай бұрын
@@3vil3lvis china not kill anyone. china believe in equal opportunity to all country not like america. we see american hypocrisy in last 20 years. world power is changed. in resent time we see world power is not single polar world power is multi polar
@tuppenceworth5485
@tuppenceworth5485 Ай бұрын
Yuan is backed by gold. Dollar is backed by the printing press.
@OmarOsman98
@OmarOsman98 Ай бұрын
Yuan is not backed by gold lol
@DCRelaxingrainsoundsleep54
@DCRelaxingrainsoundsleep54 Ай бұрын
de dollarisation is must for world. america dictation on other country is no more. every country should be free.
@Iiililillllilililijiijilllll
@Iiililillllilililijiijilllll Ай бұрын
Yuan is backed by ducktape and cooked books at every level of the ccp
@7divad37
@7divad37 Ай бұрын
@@OmarOsman98 China is estimated to have over 20,000 tonnes of gold compared to U.S. 8,000 odd tonnes. Only 1 of these countries would be capable of backing there currency with gold....
@RyanHillier
@RyanHillier Ай бұрын
Another great analysis, Ben. Kudos
@leathamanning5162
@leathamanning5162 Ай бұрын
Thank you for a very comprehensive report on a complex subject. Your presentation is excellent.
@HKChineseCanadian
@HKChineseCanadian Ай бұрын
Love Ben Norton. The US dollar is not worth the paper that it is printed on.
@susanpetropoulos1039
@susanpetropoulos1039 Ай бұрын
And we thought selling farts in a jar was a joke when we should have realized it was an honest reckoning of the death of the US$
@laowantongchau
@laowantongchau Ай бұрын
@@susanpetropoulos1039 No joke. It is called LNG and the US is making loads of money from the not so bright Europeans after the US bombed the Nerd Stream pipelines.😂
@DCRelaxingrainsoundsleep54
@DCRelaxingrainsoundsleep54 Ай бұрын
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
@sandiliawi5225
@sandiliawi5225 Ай бұрын
😊
@MSDGroup-ez6zk
@MSDGroup-ez6zk Ай бұрын
@@DCRelaxingrainsoundsleep54 yes it is a must. Why? Using the USD is making yourself poorer. For example in Indonesia (not my country) in 1997, 1 USD = Rp 2,000. When Soros came, 1 USD = Rp 16,800. Thus Indonesians wealth were discounted Rp 16.800/Rp 2,000 = 7x overnight. Meaning Indonesians were being poorer 7x before a night Soros came and manipulated USD. In Venezuela is more extreme. Again Venezuela is not my country. Last year, 2023, 1 USD = 2,722 Bolivars, Now 1 USD = 31 million bolivars. Using dollars just make the rest of the world poorer. So the best way to make your family poorer is by stay away from the trouble makers. Don't buy oil from countries who sell it in USD. If your country does, it just makes the rest of the world poorer and the USA hegemony lives forever.
@ace9840
@ace9840 Ай бұрын
Why would you want to hold a currency that loses value every day.
@johnk1532
@johnk1532 Ай бұрын
So happy to see the end of the Anglo American empire. We used to be free. Now, thanks to the greed of our "elites" we have become a shit show
@mehrabspeaks
@mehrabspeaks Ай бұрын
Wise and Great decision by the People's Republic of China.
@chrislee528
@chrislee528 Ай бұрын
Who will put their money in US Banks if their money is controlled by rogue US govt and can be frozen or forfeited just by Congress passing a law ?
@sammiy879
@sammiy879 19 күн бұрын
Love your channel Ben! Very objective and insightful :)
@watduh123
@watduh123 Ай бұрын
This guy so right. Usa bonds is worthless debt.
@charlesmathenge528
@charlesmathenge528 Ай бұрын
My country in Africa too last year talked with the gulf nations to buy oil in our currency and not the dollar for a period of time... And west Africa has started blocking sales of important minerals the west needs especially France so goodluck to these countries.This is promising
@NopWorks
@NopWorks Ай бұрын
Go ahead Africa, get the wealth & development you long deserve! Cheers from Southeast Asia.
@Venezolano410
@Venezolano410 Ай бұрын
Better France than the USA.
@MSDGroup-ez6zk
@MSDGroup-ez6zk Ай бұрын
The world should stand behind China and Russia against the USA as now the USA export its inflation world wide. How? Do exactly what the world does to Europe, never sell cheap to the USA, never trade with the USA, never buys the USA products and use swap currency for trading. To import the world can use the cheapest world currencies such as Yen and for investments can use the world most expensive ones such as Euro if swap currency is impossible.
@johnbethea4505
@johnbethea4505 Ай бұрын
If 70% of the USA dollars are outside of the USA and this money comes back to the USA, does it mean that the dollar will then be worth 30 cents on the dollar???
@chemophile14
@chemophile14 Ай бұрын
Anyway USD will be most useless currency. Even those developing countries who have to pay debts are waiting to dominate BRICS so that they can’t pay back their debts in low USD 😅
@prabhakar0076
@prabhakar0076 25 күн бұрын
U r coffee becomes 70x price 😂😂😂
@louiszubieta2073
@louiszubieta2073 Ай бұрын
Another masterclass,thank you Ben.
@joshuakelleher-bw5dg
@joshuakelleher-bw5dg Ай бұрын
As a US Citizen, I have been preparing for the worst here. Most people I know pretend like everything is fine, despite record inflation and the dollar being devalued 25% in just the last 3 years alone. I’m doing what the central banks and BRICS nations are doing. I’m also prepping and getting out of the USD.
@johannakamstra-schickendan7380
@johannakamstra-schickendan7380 Ай бұрын
Interest payments on Credit Card debt today is 20.6% good luck Americans the party is over, also in Europe.
@ELPrimoRuben-wi2lk
@ELPrimoRuben-wi2lk Ай бұрын
I need a few documents to open up a Mexican bank account, I'll transfer my money over to my Mexican bank account. And when it gets bad, I'll move to remote México.
@joshuakelleher-bw5dg
@joshuakelleher-bw5dg Ай бұрын
@@ELPrimoRuben-wi2lknot a bad idea. I’m gonna stay in the US and weather the storm. Not a bad idea to have that option to get out of the country though.
@carlosmejia5728
@carlosmejia5728 Ай бұрын
​@@ELPrimoRuben-wi2lkUse XOOM to transfer from Bank to Bank and don't tell anyone....I did so and moved the hell outta that country ....if you don't move fast skyrocketing inflation is gonna leave you pennyless.
@VChong1991
@VChong1991 Ай бұрын
@@joshuakelleher-bw5dg never judge a country of its GDP. judge a country to its purchasing parody power. If you can live comfortably in a country you can do it in any of the non western countries. Westerners and their greed would only lead to ruin.
@lilacer6841
@lilacer6841 Ай бұрын
Ryssia only has 6 billion in assets in US. The 300 billion is in Europe. Russia has already seized asseys of JP Morgan in Moscow
@nikah7646
@nikah7646 25 күн бұрын
Don’t mess with Russia and China! 🇷🇺 🇨🇳 ❤
@MaryLou5239
@MaryLou5239 25 күн бұрын
💯 agree
@SR-mj3hk
@SR-mj3hk Ай бұрын
Big fan of Ben Norton , amazing skill on explaining the geopolitics - From India
@ajmaeenmahtab8456
@ajmaeenmahtab8456 Ай бұрын
A lot of Americans will become poor.
@martinsiloh704
@martinsiloh704 Ай бұрын
They won't become poor from dedollarization, they will go broke from stupid genocidal wars and sanctions in middle east, Asia, eastern europe and Africa. The dollar will just become like every other currency of any other countries.
@Lucia-sy7le
@Lucia-sy7le Ай бұрын
Correction...poorer.
@DCRelaxingrainsoundsleep54
@DCRelaxingrainsoundsleep54 Ай бұрын
de dollarisation is must for world. america dictation on other country is no more. every country should be free.
@MSDGroup-ez6zk
@MSDGroup-ez6zk Ай бұрын
@@DCRelaxingrainsoundsleep54 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
@Winter_Jasmine
@Winter_Jasmine Ай бұрын
Good news.
@user-gg9wp3qp9p
@user-gg9wp3qp9p Ай бұрын
Thank you for all the info….
@jmer9126
@jmer9126 Ай бұрын
Excellent information and presentation. Thanks.
@Jean-rg4sp
@Jean-rg4sp Ай бұрын
*Other countries were crazy to hold money in American treasury securities.*
@patrickganly5206
@patrickganly5206 Ай бұрын
Thanks Ben. A really good report there. Not just really informative, but captivating! ✌️
@user-qr3uk5vw6k
@user-qr3uk5vw6k Ай бұрын
Good for global economy as there will less economics colonization by US
@meisuicheong1721
@meisuicheong1721 29 күн бұрын
Thanks for the informative commentary..useful.
@sarachiba6012
@sarachiba6012 Ай бұрын
Thank You Very Much for this Report, Ben 🏵🍂🦋
@chunlingtong6137
@chunlingtong6137 Ай бұрын
Ben 😊 from my sister, thanking you for your hard work - excellent reports 👏
@user-dr4vt7bi2d
@user-dr4vt7bi2d Ай бұрын
America overplayed it's hand!😮
@David-or7il
@David-or7il Ай бұрын
The U.S. can survive by cutting spending. This government has no restraints, which is one of the major reasons we're in this bind. Example: we sent 500 million to an African country in order to fund the purchase of bicycles for it's citizens. We as Americans have no idea what their spending money on. Another example is that Biden could have prevented the war in Ukraine from starting. Unfortunately, he didn't have the spine to do that.
@shuhelahmed8717
@shuhelahmed8717 Ай бұрын
Thank u bro true channel
@Gamvrelis
@Gamvrelis Ай бұрын
The US Treasury seems to think that printing money is the same as discovering new oil, lithium or uranium reserves. Let’s see what happens when they try filling gas tanks or nuclear reactors with pieces of green paper.
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