The Dollar Is In Trouble! Here Are 7 Signs That Global De-Dollarization Has Just Shifted Into Overdrive
For decades, the U.S. dollar was the undisputed king of global currencies, but now dramatic changes are happening. China, Russia, India, Brazil, Saudi Arabia and other nations are making really big moves which will enable
This is not the first time I've heard to move money to a Credit Union. If my money becomes worthless, what difference does it make if it's in a bank or credit union.
Thats what I was thinking as well. I am in agreement that the current currency system is corrupt, but if it just falls over night with no alternatives, then its going to be hell on earth.
Summary
#1 The BRICS nations account for over 40 percent of the total global population and close to one-fourth of global GDP.
#2 Two of the BRICS nations, China and Brazil, have just “reached a deal to trade in their own currencies”…
#3 During a meeting last week in Indonesia, finance ministers from the ASEAN nations discussed ways “to reduce dependence on the US Dollar, Euro, Yen, and British Pound”
#4 In a move that has enormous implications for the “petrodollar”, Saudi Arabia just agreed to become a “dialogue partner in the Shanghai Cooperation Organization”…
#5 The Chinese just completed their very first trade of liquefied natural gas that was settled in Chinese currency instead of U.S. dollars…
#6 The government of India is offering their currency as an “alternative” to the U.S. dollar in international trade…
#7 Saudi Arabia has actually agreed to accept Kenyan shillings as payment for oil shipments to Kenya instead of U.S. dollars…
https://theeconomiccollapseblog.com/the-dollar-is-in-trouble-here-are-7-signs-that-global-de-dollarization-has-just-shifted-into-overdrive/
https://archive.ph/8BvoH
Related Blog
This same author called it way back 10 years ago in 2012:
"10 Reasons Why The Reign Of The Dollar As The World Reserve Currency Is About To Come To An End"
https://theeconomiccollapseblog.com/10-reasons-why-the-reign-of-the-dollar-as-the-world-reserve-currency-is-about-to-come-to-an-end/
https://archive.ph/8Y3PO
"11 International Agreements That Are Nails In The Coffin Of The Petrodollar"
https://theeconomiccollapseblog.com/11-international-agreements-that-are-nails-in-the-coffin-of-the-petrodollar/
https://archive.ph/to5bH
June 26th, 2023
"Yes, The U.S. Economy Continues To Move In The Wrong Direction…" https://theeconomiccollapseblog.com/yes-the-u-s-economy-continues-to-move-in-the-wrong-direction/
https://theeconomiccollapseblog.com/yes-the-u-s-economy-continues-to-move-in-the-wrong-direction/
https://archive.ph/kmTQ2