The slow march to replace the dollar.
I explained a while back that due to my superior intuition, I had an epiphany whereas China is wielding a double-edged sword, one edge to cut through the dominance of the dollar as the currency for purchasing oil, therefore effectively making it the world currency. The other edge is the rise in China's military, to dissuade the American Military from attempting to interfere.
This video will explain a bit about why America is worried. If might be a good idea to be rethinking one's financial positions. I'll predict that what you'll hear explained in this video, isn't a situation of if, but one of when.
https://www.youtube.com/watch?v=-AUf3Pgz3WABelow is an explanation for what Brics is.
The Brics group of emerging economies on Tuesday launched its New Development Bank (NDB) in Shanghai. The bank is backed by Brazil, Russia, India, China and South Africa - collectively known as Brics countries. ... The banks is expected to issue its first loans early next year.
To strengthen the dollar, Trump could peg gold at $15,000 an ounce and the dollar would have renewed strength on world currency markets. Those holding gold would become wealthy overnight.
China’s economy is not really in the best of shape, they are having some financial woes in real estate (building cities and high rises that are not being used), now trade, business bankruptcies and more. They have a very closed and secretive society and often misrepresent the true condition of their fiscal status. In fact, very few countries around the world are in great financial condition. Most are saddled with debt they can never repay.
Richard Rowland wrote:
I explained a while back that due to my superior intuition, I had an epiphany whereas China is wielding a double-edged sword, one edge to cut through the dominance of the dollar as the currency for purchasing oil, therefore effectively making it the world currency. The other edge is the rise in China's military, to dissuade the American Military from attempting to interfere.
This video will explain a bit about why America is worried. If might be a good idea to be rethinking one's financial positions. I'll predict that what you'll hear explained in this video, isn't a situation of if, but one of when.
https://www.youtube.com/watch?v=-AUf3Pgz3WABelow is an explanation for what Brics is.
The Brics group of emerging economies on Tuesday launched its New Development Bank (NDB) in Shanghai. The bank is backed by Brazil, Russia, India, China and South Africa - collectively known as Brics countries. ... The banks is expected to issue its first loans early next year.
I explained a while back that due to my superior i... (
show quote)
I watched the first half of the video. It's a bit dated (2015), but pretty much spot on. The demise of the US dollar as the world's reserve currency is picking up steam, and efforts by China and Russia to form their own alternative to SWIFT has already occurred. Rumors of a major financial reset in 2019 continue to grow stronger.
ACP45 wrote:
I watched the first half of the video. It's a bit dated (2015), but pretty much spot on. The demise of the US dollar as the world's reserve currency is picking up steam, and efforts by China and Russia to form their own alternative to SWIFT has already occurred. Rumors of a major financial reset in 2019 continue to grow stronger.
This is why the US is placing sanctions on Russia, and others, it ain't because of interference in e******ns. The e******n i**********e nonsense is just the cover.
tbutkovich wrote:
To strengthen the dollar, Trump could peg gold at $15,000 an ounce and the dollar would have renewed strength on world currency markets. Those holding gold would become wealthy overnight.
China’s economy is not really in the best of shape, they are having some financial woes in real estate (building cities and high rises that are not being used), now trade, business bankruptcies and more. They have a very closed and secretive society and often misrepresent the true condition of their fiscal status. In fact, very few countries around the world are in great financial condition. Most are saddled with debt they can never repay.
To strengthen the dollar, Trump could peg gold at ... (
show quote)
The nations being in debt is the strategy for OWG and world dominance. Bankrupt the nations of the world, once the people have suffered to a point of accepting anything, the g*******ts enter the picture as the saviors. Only rather than saviors they are the new s***e masters. Discount Brother Nathanael's messages, at your peril.
http://www.realjewnews.com/?p=978
Another point of interest: I noticed on TV that this is the ten year anniversary of the housing meltdown of 2008.
tbutkovich wrote:
To strengthen the dollar, Trump could peg gold at $15,000 an ounce and the dollar would have renewed strength on world currency markets. Those holding gold would become wealthy overnight.
China’s economy is not really in the best of shape, they are having some financial woes in real estate (building cities and high rises that are not being used), now trade, business bankruptcies and more. They have a very closed and secretive society and often misrepresent the true condition of their fiscal status. In fact, very few countries around the world are in great financial condition. Most are saddled with debt they can never repay.
To strengthen the dollar, Trump could peg gold at ... (
show quote)
Yeah, Trump could peg gold at any price he wants, but that doesn't mean that value will be accepted. Post-WWI Britain attempted to place a high value on the Pound-Sterling. That didn't work so well.
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