De-dollarization is happening.

[maniamcool]

Until the day RMB can freely flow in and out of China

all these is just bird talk

 

[Tabula Rasa]

Last time social studies never teach you all, first step is to always evaluate your source?

 

[mooseolly]

basket of commodities likely with gold and oil taking the heaviest weightage.

Oil can buy stonks?

 

[Avant-Garde]

An ex-pap minister becum liddat so 失败also very rare! All his cohorts all happily retire with dignity liao

where got rare?

look at chuan jin.


Read HWZ Forum Rules!

 

[GarnetDragon]

Curious George wonders what the next big currency will be

 

[oldchanggold]

You are right. Those 3 currencies you mentioned are the next , most probably replace.

Ya paiseh plus JPY. Those are LIBOR currencies. See how the unwinding of JPY carry trade caused market sell down two months back because besides it's lower interest rates, it is also very liquid

 

[bakuten]

Oil can buy stonks?

if oil become part of basket of commodities....u may get burnt by nationalization of oil-fields.
same goes with gold mines.

just becareful when dealing with mining/drilling properties located in jurisdictions that do not have good track record of property rights.

 

[Bumperbee88]

Ya paiseh plus JPY. Those are LIBOR currencies. See how the unwinding of JPY carry trade caused market sell down two months back because besides it's lower interest rates, it is also very liquid

But US still have the deepest market systems, currently no one can fight with them

 

[chaiscool]

Most important aspect is trust and responsibility on their gov. Why US default currency cuz ppl trust their gov will not collapse and they willing to be big brother in conflict.

Those brics countries don't even trust each other and the ppl don't even trust their gov to not collapse, how to expect other countries to believe them?

No sane ppl will trust russia ruble over safe usd.

 

[chaiscool]

basket of commodities likely with gold and oil taking the heaviest weightage.

Cannot do monetary/ fiscal policy with asset based, hence collapse of gold standard and also why fiat succeeded.

 

[lifezard]

the effect of print print print
but they are reserve $$$

The truth is that when they print print print, rest of the world also print print print also... in fact print even more. All gian png to earn to america $$$.

Only those forced out of the system will curse it to fail every other day.

 

[tth1311]

the effect of print print print
but they are reserve $$$

not without any consequences drive up inflation over time like the beekok facing now

 

[jericho75]

who ever ditch usd will be fix...lol

but then this is not 20 years ago.

 

[ckt1978]

mai talk kok.
china stil got 700-800 billion money in USD.

 

[archie7]

too much debt will become a tipping point

 

[hotamp]

The fact is, US is not the US 30 yrs back, the world gonna see other super powers rising, it will be a multipolar world whether US likes it or not, de-dollarization will just be a matter of time.

 

[jericho75]

Most important aspect is trust and responsibility on their gov. Why US default currency cuz ppl trust their gov will not collapse and they willing to be big brother in conflict.

Those brics countries don't even trust each other and the ppl don't even trust their gov to not collapse, how to expect other countries to believe them?

No sane ppl will trust russia ruble over safe usd.

now many countries are buying gold to store reserve. they only need usd when trading.

 

[SloppyNuts]

Hard true? Is the making of itself.

George Yeo reminds me of folks who like to start threads to poon collapse of USD, rise of petroyuan and property collapse. Maybe poon to them more means got chance of it happening but can treat him and the likes as good reverse indicators.

 

[Bumperbee88]

too much debt will become a tipping point

Look at how far, so far. This is eye popping, man.

https://fred.stlouisfed.org/series/GFDEBTN

 

[Wanderer123]

he like very happening on youtube ar
always in some video here and there

He is youtube minister nao....