Thanks for watching. Let us know what you think in the comments below. The Bottom Line: A weekly take on US politics and policies and how they affect the world. Watch the previous episodes here: ua-cam.com/play/PLzGHKb8i9vTwfrDGsi7FTI653874jJSlJ.html Follow us on Twitter twitter.com/AJEnglish Find us on Facebook facebook.com/aljazeera Check our website: www.aljazeera.com/
Thank you for the documentary of Gold Mafia ,even we know they won't let go of the helm but you showed us the way and the truth so we know how deep is their corruption
Can you please do A Documentary of my Country's Sanctions of Zimbabwe as a country we need to know who ,when.what caused all this so we can try to fix our country because we want the truth about this sanctions that giving our country a disable factor
With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?
Indeed, you are correct! Economic downturns offer numerous prospects for ordinary individuals to create wealth from the ground up. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to outperform. Netted over $800k in return on investment, since using a coach for about a year.
@@AntonioBianh My advisor is Margaret Johnson Arndt , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@MarkFreeman-xi3rk thank you for saving me backward and forward hours of researching the markets, I just copied and Margaret Johnson Arndt pasted on my browser, and her site appeared top search, no nonsense at all. She looks impeccable..
I think there is an atom of truth because : America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
Ironically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The banks are in a big crisis. The market looks very shaky. The bigger the red candles, the bigger the green ones. I have made over $280k in the last 4 months by investing through my FA.
I personally work with ''Deborah Sue Bohn'' she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $70K to $210k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
The manager that guides me is “Sonya Lee Mitchell” most likely the internet is where to find her basic info, you can run a quick research with her name. She's established...
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks.
A weak dollar can indicate an economic downturn, prompting me to consider the best ways to hedge against inflation. I've heard people say that inflation erodes the value of money, which makes me concerned about my savings of around $200K
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
I agree, having a portfolio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.
Two years ago nobody could predict the dollar condition we're witnessing today. The u.s continue to double down on the same mistake that brought the dollar where it's. Therefore,no guarantee that the grass of the dollar would not be faster than it's envisaged
@manee3 You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
My advisor is ‘’SOFIA ERAILDA SEMA’’. She’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
Wow. People have short memories. The talk about the death of the dollar has been reigning since several years now and even more so massively during the last 5 years. What are you talking about?
USD won't die. It just has less power, a lot less. US can't sanction any country unilaterally anymore. US cannot print as much money as they like to support their needs without having immediate inflationary effects. But other countries still have to use USD to trade with the US. BRICS+ nations can reject USD for payments of their goods. But the worst thing for the US is the difficulty in selling their new Treasury Bonds now, as there are so many flooding the market at low prices.
Why shud one trade in USD, if the need of US is stronger Viz if they need Indian talent, they hv their hands below..n agree to Indian terms... Downfall of US n its poverty in recent decades is inevitable
@Shivangi Datir be careful what you wish for. I think as indians at this point, US is better then China. Why are Indians happy China is going to be in the top?
Once they can't print the unlimited $$$ that when they will die, because they wont be able to fund the 800 and supports the 800 military bases worldwide. The US doing to themselves by using dollar as weaponize and sanction others countries that disagree with them and the frozen the Russian $600 billions reserves that big mistake because nobody will trust US anymore.
The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market?
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan.
@thelastunicorn1987 I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
@@5373NSMAG Only if it means that US would never hold dollars for ransom by saying we don't agree with you so we are holding your funds . Until they get rid of that mentality freedom of choice will prevail
People liked to keep Dollar as part of their wealth for 2 reasons: it s stable and liquids. Unfortunately, America devalues USD by printing them in trillions at the time. To top it all of, they weaponised it and confiscated it when ever they want. When you realised your hard earned cash is losing values quickly and could be taken away from you if the gov does not like what you do, what would you do?
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
I agree, having a portfolio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having inveesting nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.
@@RebeccaLee-ks4cq HEATHER ANN CHRISTENSEN is the coach that guides me, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues.. well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60. I need suggestions on what investments to make..
I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.
I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.
@@hermanramos7092 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..
@@martingiavarini I've shuffled through a few advisors but “Catherine Morrison Evans” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself..
@@hermanramos7092 Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted Catherine’s full name into my browser, and her website came up first in search results. She looks flawless.
And other countries who saw this will think if we dont obey US on their requests they also will weaponize USD against us. That is why most countries have begun to move away from USD.
@@jeckjeck3119 BRICS would've been very powerful if India had a GDP of atleast $ 9-10 trillions , so right now BRICS stands nowhere to western counterpart
Of course US is important in trade to China but not the most important if you put that in ranking. #1 is ASEAN,#2 IS THE EU, #3 USA. The over use of US sanctions had definitely drawn more countries to join in staying away from the dependency of the dollar. The USA had been playing bully for too long. This de-dollarization thing actually is overdue.
@@ciybersal9833 you’re genuinely stupid if you think this time is going to be different. People have been predicting the dollar being dropped for decades and it hasn’t happened. Believe what you want but I can almost promise you that it ain’t happening anytime soon.
@@jeckjeck3119 Challenge won't be from one currency. obviously Euro is doing its part very well. In the coming years more countries will gather courage and more currencies will show up. Btw, China and Russia are not Iraq and Libya
What we really need is a world reserve currency controlled by ALL of the world's nations. The entire raison d'être of the league of nations and later the UN was to prevent power being concentrated into the hands of one nation state! The sooner we realise that the interests of our entire species supersede the interests of any nation or ideology the sooner we will be able to concentrate on the real problems confronting our planet! We really are stupid monkeys when you take a step back and look at the big picture!
@@badbad-cat russia is tiny economicly its barely a player compared to the US and Europe its economy is only half the size of even the uk even BRICS together is still economicly smaller than the US alone the west and those alligned with the west like japan south korea ect together make up more than half the worlds gdp as long as they still trade in dollars i dont see the dollar being replaced Russia is not the Soviet Union
I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job or should force early retirement. All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.
@Margaret I fully agree; I'm 60 years old and recently retired with approximately 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds in comparison to my portfolio balance over the last three years. To be honest, the financial advisor's role can only be ignored, not dismissed. Therefore do your research to get a reputable one.
@@Blitcliffe Having a counselor is essential for portfolio diversification. My advisor is NICOLE DESIREE SIMON who is easily searchable and has extensive knowledge of the financial markets.
Inflation is producing a slew of problems throughout the world, including food shortages, diesel and heating fuel shortages, and housing prices and financial market crash. This global collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
There are lot of ways to make a killing right now, but such high-volume near impeccable trades can only be carried out by real-time experts. Trying to earn big in this down market without an advisor is like trying to win the Indy 500 riding a llama.
I'm sure the idea of an investment-Adviser might sound controversial to a few, but a new study by Bloomberg found out that demand for Financial-Advisers sky-rocketed by over 42% since and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 126k.
@@theresagarcia1218 Inflation is over 10% here, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?.
@@greenquake11931 DefiniteIy!! All of this occurred in less than a year after “”MARTHA ALONSO HARA”” started coaching me. I started with a few thousands and i'm now considering retirement shortly... You can search her up if you require assistance.
@@theresagarcia1218 I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a session with her and hopefully it all goes well. Thanks.
Abuse of illegal sanctions and double standards are responsible for the fall of the Dollar. Fairness and none of bias is the only way out in all of these
This bank crisis is so far from being over . Anyone who has been around for longer than 12years, knows a credit crisis isn’t over in two weeks. It makes me laugh seeing folks thinking this was all over so quickly. We are seeing a credit contraction that is gonna lead to a major contraction.
I diversified my 100k portfolio across multiple markets with the aid of same investment advisor and I have been able to generate over $320k in net profit across high dividends yield stocks, ETF and bonds in few months.
Nato got stronger, but its citizens can barely afford to live. I'm not sure if that's a positive thing. Reality is Both sides are hurting from this war.
What S&P chairman said is right, for "now" Dollar will be the reserve currency, and all the transaction will be done with the Dollar's value in the international market but, dollar will not be used to trade which creates no demand thus the weakening effect creates. Even the current US treasure sec. Yellen knows about this. Once the the dollar reaches its lowest performance then it will be replaced, so in the next 10 years this is the trend it is going to be. Its a slow and steady process which takes its own time and even if the govt in US changes this trend will still go on, as everyone has seen what US has done to Russian money in US banks by blocking them from the SWIFT system.
What you say may be true, but don't count on the US to take it lying down. "Never bet against America". We are the people who invented aeroplanes, computers, ICs, EVs, etc etc etc . In short, an exceptional nation bestowed by God. And, remember, we have the most powerful military the world, to secure Freedom and Peace. Even if you were right that we owe a lot of money to the world, we can always print as much as we want, for another saying that you have to put in your silly brain: "It is our currency, BUT your problem". Any smart aleck who will try to be funny, please be advised to learn the lesson of Gaddafi. He tried to force Africans to create a new Pan-Africa Currency even backed by his puny quantity of so-called (Libya's) gold reserves. Sorry for your ilk, it just is what it is. 😂😂😂
What other currency is more attractive than the dollar? The Yuan? Is it open, free from manipulation? Is the government transparent and trusted with data and figures? All these conditions have to be met to convince investors that the Yuan is worthy of the world reserve currency.
@@talkinghand122 actual fact is yuan has not gone out of China at all, it's more like other country's legal tender comes into China and gets converted to yuan immediately and it looks like it's traded in yuan. This happened in Russia too when NATO banned them from the SWIFT system.
@@talkinghand122 I heard BRICS is going to release a new currency altogether, so they're not going to use Chinese currency. The head of the BRICS developement bank said it will be created so that no one country can use it to sanction others. I guess just time tells what exactly they're doing.
I think you invited the wrong expert. The truth is too plain to see. This is a global village and the Internet is priceless. We are a billion experts assessing the Western world right now
The guest doesn't want to cause panic by talking about de-dollarization just like most economic experts avoid the " D" word when talking about the economic situation the US is dealing with. Even going as far as redefining what a recession is just to avoid accepting that we are intact in a global recession or worse.
Please, let the USD become one among many reserve currencies. People don’t realize that not only does it force the US government to run larger deficits but also reduces the competitiveness of US exports.Sure in the past the US could borrow at lower rates than most but that’s not true anymore. It borrows at rates that are common even among less powerful economies. It might look bad for Wall Street but for the average American the USD losing its primary role would not be as bad for America as most think.
Americans should choose a new President who is on the common American; not just for gay rights, womens' rights, minority rights, but for ALL AMERICANS' RIGHTS (excluding the US politician's and super rich). The common people and increasing homeless and poor Americans need USA's support and not Ukraine.
@@teckmenglee8060 The USA isn't some poor country that has to choose only one. It can help Americans and Ukrainians just fine. It's a matter of convincing the GOP, i.e. the political will. The GOP simply believes that those Americans don't deserve help, it's not that the US can't help them.
Good to see a sane person in the comments. This geniuses forget that the 🇺🇸 became the biggest economy in the world due to its advantages which gave rise to the trust in the dollar and the rest of the world choosing to use the dollar.
I disagree with what the guest say about Putin expecting Europe to divide cos of high gas price. It was the West who promoted the destruction of Nord stream pipe line and put embargo on Russia oil which cos high gas price .
thing is that the value is based on the demand. backed by nothing but debt. imagine if they are already at the limit for debt and countrie like saudi, china, rissia, india get rid of petro dollar. sharing the inflation worldwide help alot but maybe it will not be possible to do this in
The world is moving towards more decentralization and less central authority. Like many other centralized fiat currencies throughout history, the USD is on borrowed time.
@@jeckjeck3119 Honestly, by now one must be utterly blind not to get that the West is crashing after decades of precipitous decline. Demographically, culturally, economically, financially.
@@RealCurrencies On what planet? It's the richest part of the world, people still risk their lives at the chance to live in the west (that is why demographics won't matter much), culture is rich and many:) You are so blinded by your aspirations, you only see what you want to see, not what is actually there.
@@jeckjeck3119 🤣🤣🤣 Only the most desperate from heavily-impoverished and war-torn countries are fleeing to the United States. The US now visually resembles a developing country, especially $h!th0l3s such as California.
Three years ago, no one could have predicted the present condition of the U.S. dollar. The United States persists in making the same errors that contributed to the current state of the dollar. Consequently, there is no assurance that the dollar's future will be as promising as anticipated.
These are the conditions in which life-changing money is made by those who remain calm, patients, and take controlled risks. Volatility goes both ways, the bigger the red candles, the bigger the green ones.
I consult a financial coach before investing. During the pandemic, I employed profit-focused strategies and risk minimisation, leveraging their insider knowledge and analysis. Working with Stacey Lee Decker as my coach for over three years, I've generated around $750k in earnings.
Unfortunately The majority of individuals seem unaware of and careless when it comes to investing, despite the fact that it should be the best thing a person can do for himself. My gains from stocks and cryptocurrencies are still having a significant impact on my fortune. So I have no inclination to rely entirely on my pay or to wait for the market to go up.
@Amanda Sheridan I will personally introduce you to my account manager Anna S Wilson of UCLA Anderson financial Institute, her trading methods are working for me
Daniel Yergin is Performing Damage Control For The United Snakes..... BRICS GDP is Greater Than That of The G7 BRICS + 12 Nations Applying To Join, All of Whom Are Resource Rich....Are Currently Trading Outside of The US Dollar. Hungry A NATO Member is Currently Being Sanctioned For it’s Refusal to Support Sanctions Against Russia.... French President Macron Openly Declares That The EU Ought to Avoid Being The United Snakes Vassal.....40% of The German Public Agree with Macron..... Sure and Clear Signs Of NATO Disunity.....Contrary To Daniel’s Belief of A More Unified NATO... AlJazzera US....Should Consider Inviting Professor Jeffery Sacks To Discuss With Daniel The Current Issues with regards De-Dollarisation and NATO Unity.... Come On AlJazzera....You’re Better Than Feeding Us Daniel’s DRIBBLE.....🙄
The point is that the world outside NATO is tired of unfair monetary colonialism. Countries in the world want everything to be fair, to be treated fairly, to have fair opportunities too
Damage Control 😂.....The Emperor’s New Clothes The Emperor Has No Clothes ..... The United Snakes is Crumbling Before Our Eyes.....It’s Influence In Global Domination is History.... It’s Decline is Evident in The Standard of Living Across America And Failing Banks Not To Mention it’s Historic Debt Levels.... It Also Explains The Decadence And Degradations In Morals And Values in The Western Societies....A Mirror Image of Rome’s Final Days Before it’s Eventual Collapse.... History doesn’t Repeat itself....But it Certainly Rhymes....Oscar Wilde.
With all due respect sir, PUTIN never said it was gonna be over in 5 days anywhere that I could find. So my question to you is, where are you getting the "5" days from?
2022 figures: USA exports to Mexico: 324MUS$, imports:455MUS$ USA exports to Canada: 356MUS$, imports: 438MUS$. Your assertion should have been: Canada and Mexico trade about THE SAME with USA. All figures taken from United States Census Bureau.
US$ is the cause hyper inflation in many countries. When US increase interest rates, many countries which owned debt in US$ will suffer because they need to pay more debt.
If you want to kill the Snake, you need to cut it's head, not it's tail. By switching money to gold standard, it's not only to protect yourself from money freezing sanctioning, but it is sharp blade that's kill the Snake too. If you use a debt paper as money, so how you gonna get out of debt circle? Only thing you can do is rob money from your neighbors, but if you rob wrong neighborhood so that's can be your last doom.🙂
Maybe that is the time when iraq announces to abandon petro dollar and said they will no longer use US dollar on oil trades. After that statement USA invaded iraq and created a story that their reason is mass destruction but in reality they wanted to prevent iraq to abandon US dollar currency used on their oil products.
@@thewho5786 Not getting into the details of Iraq war but it happened many times before that. People have been talking about dropping dollar like 5 minutes after it was selected as global currency of exchange. They make a big scare about this anytime US economy tanks and then realized for all its faults no other currency can provide what the Dollar can provide. And in the end while everyone has problems with US they have bigger problem with the alternative. Like for example India don’t like US but they hate China more. Africa hates US but they hate France more etc.
Maybe not the end that you have in mind...but the dollar has lost over 90% of it's domestic purchasing power since the early 70's...USD ranks No. 10 of strongest currencies and getting worse
The current trend is to make Western sanctions irrelevant.. The west using sanctions to advance it's goals , threaten rest of world , is not good.. the free world is not slave of America, Europe or China.. the world needs more and more alternative currency to trade.. white nations have started to act like Nazis using sanctions left and right..
The number of nations now working to de-dollarize continues to grow. ASEAN has now joined the fray. The momentum here is so strong, I don't see any way this doesn't now happen. One of the factors that I've yet to see any economist talk about is that the result of this is going to be a depreciation in the value of the US dollar and so ALL metrics that are based on the US dollar are going to see significant swings. One of those metrics is nominal-exchange rate GDP, so this guest actually missed this point, that China might actually pass the US more quickly as a result of de-dollarization. On a PPP basis of course this happened many years ago.
@@jeckjeck3119 The countries now actively working on de-dollarization include India, the world's largest democracy, Brazil, the largest democracy in South America, South Africa and Kenya, both democracies in Africa and a number of democracies in ASEAN, like Malaysia and Indonesia. You must be American and can't find any nations on a map?
@@rebym And democracies like China and Russia? LMAO. Love how you try not to mention the biggest economy in the alliance. You guys are nowhere united enough or secure enough for this endeavor.
A major factor always overlooked: Language. If there's some financial or commercial verbiage in English, nearly everyone around the world can figure out what it is. If it's in Chinese (something Chinese people often insist on), then it'll remain an undecipherable mystery to most nations of the world. It’s a big rampart that will durably keep the dollar’s status safe. That’s where cultural dominance translates into real economic benefits.
What about the value of each local currency. The condition of each economy will definitely affect their values. This will affect import/export. The headache of dealing with 50 different currencies or more. Wasn't this the reason why the EU has a single currency?
@Yan Marle: I have 2 neighbors that hardly speak a word of english, they work for a landscaper in town, they use some type of app to understand and be understood, seems to me Language is becoming less of a hurdle in communication.
All the money I earned 5 years ago, is worth half as much now. Us dollar is going to collapse, if you think current homelessness population is bad in United States, 5 years from now, 70% of Americans will be homeless or living in poverty.
In what security are you referring? Even if the dominant world currency is going to change (which, by the way, it will not because the US dollar is backed by the armed forces of US), the rich will remain rich and the poor will remain poor. Nothing will change.
@@ΣΤΕΡΓΙΟΣΚΟΣΜΙΔΗΣ It's already changing. Your head is buried deep in the sands, you either don't see it or you're in denial. Armed forces have nothing to do with it. And the US army is a bunch of cowards who only attack weak countries, anyway. 😂
If it lost all its borrowing power it would be a bit of a struggle, but since most US debt is owed to US corporations and citizens, the loss of foreign demand for it wouldn't be all that big of a deal.
Seems like a lot of people forget why the US Dollar has lasted this long in the first place. America not only has an incredibly strong military but also an economy much more stronger than some countries combined. I mean look at the Housing crisis in 08'. As terrible as it was, it could have been much worse. If it were one of the BRICS nations for instance, the impact would have been catastrophic. Can you imagine Brazil's or China's entire housing market collapsing on the scale it happened in the US? It would lead to anarchy. No other economy has the economic resiliency that America has at the moment. Don't get me wrong, there are so many problems with the economic and monetary system in America but I don't see a truly viable global accepted replacements at the moment maybe asides the Euro (the Greek financial crisis comes to mind though). It's important to note that China actively manipulates it currency, you may say other countries do this but the scale China does currency manipulation is on a different level. I can only imagine the consequences of trading with such a currency especially for smaller countries. Some of the most important and valuable companies in the world are based in America and some of the largest companies in the world are based in America. All that is not going to disappear overnight, America still influences global demand in so many sectors. Lastly, if you do some research you''ll find that the BRICS nations have been talking about replacing the Dollar since the 80s, barely anything has changed since they said it the first time. Better or worse, the Dollar will be around until the is a major change of world order
BRICS hasnt been around since the 80s what are you talking about. No one is saying dollar wont be around they are saying it will not be the sole reserve currency. Itll soon just become another currency. Pay attention to the geopolitical climate, the de dollarization is happening at a rapid pace. Soon as the western countries decided to withhold 300 billion usd of russias reserves, it was a wake up call to the world.
The outcome is, there will be a multipolar world where there are more than one currency being used as reserve currencies.. US dollar will not collapse, but diminish itz value in terms of global trade.. I believe Brics will come up with a currency, but they can't do it without backing it with something, it could be gold.. Gold price will soar to exponential heights..
Interesting view. Which currency will they agree on, Yuan, Real, Rupiah or something completely new, like the common currency Euro? If something like the Euro, then the CCP can't manipulate like their own currency. Many factors are involved, it's complicated. Easy said than done.
Not that easy. First of all, the world needs to agree on how it is going to value the price (the actual price, and the currency that is used to reflect the value) of the gold (or something else).
You think Brazil and Argentina will successfully share a currency? Good luck, LMAO. And no, gold will never be a currency again. Even the EU had huge problems implementing the EURO and the German and Greek economies are a much better match than the economies in BRICS. A shared currency would be a disaster for BRICS. They pay lip service to the idea because they've all got some axe or another to grind and it gets populist votes but none of them are seriously that interested in it... unless they're total idiots.
Thanks for watching. Let us know what you think in the comments below.
The Bottom Line: A weekly take on US politics and policies and how they affect the world. Watch the previous episodes here: ua-cam.com/play/PLzGHKb8i9vTwfrDGsi7FTI653874jJSlJ.html
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It really true, these are the last days of US dollars 💸,,,it'll happen under your eyes
Thank you for the documentary of Gold Mafia ,even we know they won't let go of the helm but you showed us the way and the truth so we know how deep is their corruption
Can you please do A Documentary of my Country's Sanctions of Zimbabwe as a country we need to know who ,when.what caused all this so we can try to fix our country because we want the truth about this sanctions that giving our country a disable factor
Great job from Qatar’s reporting team.
Even though I am in a western country, Al Jazeera is my go to in these days of crazy propaganda.
I expected the content of the video to be about finance. But very little was said about the dollar.
With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?
Indeed, you are correct! Economic downturns offer numerous prospects for ordinary individuals to create wealth from the ground up. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to outperform. Netted over $800k in return on investment, since using a coach for about a year.
@@MarkFreeman-xi3rk Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems
@@AntonioBianh My advisor is Margaret Johnson Arndt , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@MarkFreeman-xi3rk thank you for saving me backward and forward hours of researching the markets, I just copied and Margaret Johnson Arndt pasted on my browser, and her site appeared top search, no nonsense at all. She looks impeccable..
I think there is an atom of truth because : America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
Ironically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The banks are in a big crisis. The market looks very shaky. The bigger the red candles, the bigger the green ones. I have made over $280k in the last 4 months by investing through my FA.
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
I personally work with ''Deborah Sue Bohn'' she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Consumer spending drives the economy. Matters little if it's cash spending or credit spending
My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $70K to $210k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?
The manager that guides me is “Sonya Lee Mitchell” most likely the internet is where to find her basic info, you can run a quick research with her name. She's established...
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks.
A weak dollar can indicate an economic downturn, prompting me to consider the best ways to hedge against inflation. I've heard people say that inflation erodes the value of money, which makes me concerned about my savings of around $200K
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
I agree, having a portfolio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.
l've been down a ton, I'm only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
Sharon Marissa Wolfe is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Two years ago nobody could predict the dollar condition we're witnessing today. The u.s continue to double down on the same mistake that brought the dollar where it's. Therefore,no guarantee that the grass of the dollar would not be faster than it's envisaged
@manee3 You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
@markharrisonn SOFIA ERAILDA SEMA
My advisor is ‘’SOFIA ERAILDA SEMA’’. She’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
Lol. 2 years the death of the dollar was all over the place. Check it on line. 2 years later, the dollar is as strong as ever.
Wow. People have short memories. The talk about the death of the dollar has been reigning since several years now and even more so massively during the last 5 years. What are you talking about?
USD won't die. It just has less power, a lot less. US can't sanction any country unilaterally anymore. US cannot print as much money as they like to support their needs without having immediate inflationary effects. But other countries still have to use USD to trade with the US. BRICS+ nations can reject USD for payments of their goods. But the worst thing for the US is the difficulty in selling their new Treasury Bonds now, as there are so many flooding the market at low prices.
LOL, BRICS is a failure.
Only contender is the EURO, and EURO has no plans to change things.
Why shud one trade in USD, if the need of US is stronger
Viz if they need Indian talent, they hv their hands below..n agree to Indian terms...
Downfall of US n its poverty in recent decades is inevitable
@Shivangi Datir be careful what you wish for. I think as indians at this point, US is better then China. Why are Indians happy China is going to be in the top?
Once they can't print the unlimited $$$ that when they will die, because they wont be able to fund the 800 and supports the 800 military bases worldwide. The US doing to themselves by using dollar as weaponize and sanction others countries that disagree with them and the frozen the Russian $600 billions reserves that big mistake because nobody will trust US anymore.
@@shivangidatir5101
LOL, Foolish Aspirations.
The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market?
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan.
@thelastunicorn1987 I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
@thelastunicorn1987 Thank you for this amazing tip. I just looked the name up, wrote her and scheduled a call
yes liquidate your stocks and buy gold. I REPEAT, do not invest in stocks! buy gold or you'll lose all of it
Fact is, countries are moving away from American influence and it's currency. It might take a while, but the shift has begun already.
Then it’ll be back. Watch.
@@5373NSMAG Only if it means that US would never hold dollars for ransom by saying we don't agree with you so we are holding your funds . Until they get rid of that mentality freedom of choice will prevail
People liked to keep Dollar as part of their wealth for 2 reasons: it s stable and liquids. Unfortunately, America devalues USD by printing them in trillions at the time. To top it all of, they weaponised it and confiscated it when ever they want. When you realised your hard earned cash is losing values quickly and could be taken away from you if the gov does not like what you do, what would you do?
@@keirenle . I agree 💯 percent. It is logical and unbiased point.
@@5373NSMAG just like Donnie Chump will be back in office, right?
24 minute program with a title on the dollar but 30 second discussion on the dollar....
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
I agree, having a portfolio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having inveesting nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.
@@AlexanderTurke Please, who is the advisor that assists you with your investments?
@@RebeccaLee-ks4cq HEATHER ANN CHRISTENSEN is the coach that guides me, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues.. well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60. I need suggestions on what investments to make..
I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.
I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.
@@hermanramos7092 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..
@@martingiavarini I've shuffled through a few advisors but “Catherine Morrison Evans” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself..
@@hermanramos7092 Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted Catherine’s full name into my browser, and her website came up first in search results. She looks flawless.
When you keep pressing the sanction button so frequently that it was eventually bound to break
And other countries who saw this will think if we dont obey US on their requests they also will weaponize USD against us. That is why most countries have begun to move away from USD.
Keep pressing the Printing Money Button, that's the real issue
He didn't mention ASEAN. The trade between ASEAN and China is $800 billion dollars strong per year + China and Brazil is another $150 billions
Yeahhh
Asean is China largest trading partners
I guess china is the big dog now. 🐕 all you happy?
Asean and China trade is over $900 billions.
He is ignorant and proud of his stupidness..
''Why did de-dollarization fail.''
Is what you will be watching when it all falls apart, lol.
I look forward to a world without sanctions and dollar related woes.
So you look forward to mass scale wars and aggression. I can tell you’re extremely intelligent.
How abt yuan sanctions?
@@baklava6138 yuan sanctions? What are those? Do you mean Chinese sanctions?
Nobody likes China tho
Lol how about emboldening China and Russia of land grabbing? Isn’t supporting their move to get away from sanctions will do that?
What a waist of time !!! This guy is master of talking without telling nothing .
Kinda like BRICS and its aspirations, lol.
@thulomanchay exactly
@@jeckjeck3119 the topic is US dollar strength, and I’ve expect something on this theme.
@@jeckjeck3119 BRICS would've been very powerful if India had a GDP of atleast $ 9-10 trillions , so right now BRICS stands nowhere to western counterpart
Honestly, I am surprised the dollar has lasted this long. The world is aware that using USD they are supporting the US military finances.
this is a massive misunderstanding of how global economics works
the dollar as a reserve currency reduces America's spending power, not increase
@@neogenzim1995 interesting! Can you expound?
@@neogenzim1995 are you serious?
@@martinlam4258 seems clued out😅
@@neogenzim1995 should change yours to terminal influenza
Of course US is important in trade to China but not the most important if you put that in ranking. #1 is ASEAN,#2 IS THE EU, #3 USA. The over use of US sanctions had definitely drawn more countries to join in staying away from the dependency of the dollar. The USA had been playing bully for too long. This de-dollarization thing actually is overdue.
There is no trend of “de-dollarization”, the $ global reserve holdings have increased since 2017.
@@Jab_Air
Your not on this planet.
@@Jab_Air because US is printing money and backed by BS
@@ciybersal9833 some people live on their own bubble
@@ciybersal9833 you’re genuinely stupid if you think this time is going to be different. People have been predicting the dollar being dropped for decades and it hasn’t happened. Believe what you want but I can almost promise you that it ain’t happening anytime soon.
This guy can’t face the demise of USD much less of the reasons. The reason is the world is sick of US exploitation and bullying
Bingo!
lol, it's not happening.
Only one who can properly challenge The Dollar is EURO.
@@jeckjeck3119 Challenge won't be from one currency. obviously Euro is doing its part very well. In the coming years more countries will gather courage and more currencies will show up. Btw, China and Russia are not Iraq and Libya
What we really need is a world reserve currency controlled by ALL of the world's nations. The entire raison d'être of the league of nations and later the UN was to prevent power being concentrated into the hands of one nation state! The sooner we realise that the interests of our entire species supersede the interests of any nation or ideology the sooner we will be able to concentrate on the real problems confronting our planet! We really are stupid monkeys when you take a step back and look at the big picture!
@@badbad-cat russia is tiny economicly its barely a player compared to the US and Europe its economy is only half the size of even the uk even BRICS together is still economicly smaller than the US alone the west and those alligned with the west like japan south korea ect together make up more than half the worlds gdp as long as they still trade in dollars i dont see the dollar being replaced Russia is not the Soviet Union
Wow, the guest said China for starting the great power competition while other countries say they don't want to choose sides. Such shamelessness.
There is a saying: "Die with a thousand cuts". Before Roman collapse, asking any Roman person about this possibility, they would laugh at you.
Or England.
LOL, aspirations of small minded.
@@jeckjeck3119 every empire will fall one day. every single empire
@@badbad-cat Good thing US ain't an empire then;)
@@jeckjeck3119 Military bases around the globe fit well with what the empire is?
Why the world shocked when Brazil join with local currency trade
Indonesia did it since last year
I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job or should force early retirement. All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.
@Margaret I fully agree; I'm 60 years old and recently retired with approximately 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds in comparison to my portfolio balance over the last three years. To be honest, the financial advisor's role can only be ignored, not dismissed. Therefore do your research to get a reputable one.
@@2024Red-j5t A million dollars in profit is a fantastic achievement; how can I contact this advisør of yours?
@@Blitcliffe Having a counselor is essential for portfolio diversification. My advisor is NICOLE DESIREE SIMON who is easily searchable and has extensive knowledge of the financial markets.
@@2024Red-j5t Found her webpage, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2023 on a woodnote financially.
The world is not afraid.
Inflation is producing a slew of problems throughout the world, including food shortages, diesel and heating fuel shortages, and housing prices and financial market crash. This global collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
There are lot of ways to make a killing right now, but such high-volume near impeccable trades can only be carried out by real-time experts. Trying to earn big in this down market without an advisor is like trying to win the Indy 500 riding a llama.
I'm sure the idea of an investment-Adviser might sound controversial to a few, but a new study by Bloomberg found out that demand for Financial-Advisers sky-rocketed by over 42% since and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 126k.
@@theresagarcia1218 Inflation is over 10% here, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?.
@@greenquake11931 DefiniteIy!! All of this occurred in less than a year after “”MARTHA ALONSO HARA”” started coaching me. I started with a few thousands and i'm now considering retirement shortly... You can search her up if you require assistance.
@@theresagarcia1218 I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a session with her and hopefully it all goes well. Thanks.
Abuse of illegal sanctions and double standards are responsible for the fall of the Dollar. Fairness and none of bias is the only way out in all of these
Um..proper example of Denial!
Most of this comment section?
what about US bullying, anyone gonna talk about that? this is the huge elephant in the room.
This bank crisis is so far from being over . Anyone who has been around for longer than 12years, knows a credit crisis isn’t over in two weeks. It makes me laugh seeing folks thinking this was all over so quickly. We are seeing a credit contraction that is gonna lead to a major contraction.
I diversified my 100k portfolio across multiple markets with the aid of same investment advisor and I have been able to generate over $320k in net profit across high dividends yield stocks, ETF and bonds in few months.
@@christianaemilio1 Wow that’s stirring! Do you mind connecting me to your advisor please, I desperately need one to diversify my portfolio
You can communicate with him on telegam using the user name information below.
WHCOURTNEY.
@@christianaemilio1 Such a priceless tip, Thank you so much for sharing!
Nato got stronger, but its citizens can barely afford to live. I'm not sure if that's a positive thing. Reality is Both sides are hurting from this war.
Just proves that NATO countries are led by inbeciles.
All the south is coming together. West is hurting badly
What S&P chairman said is right, for "now" Dollar will be the reserve currency, and all the transaction will be done with the Dollar's value in the international market but, dollar will not be used to trade which creates no demand thus the weakening effect creates. Even the current US treasure sec. Yellen knows about this. Once the the dollar reaches its lowest performance then it will be replaced, so in the next 10 years this is the trend it is going to be. Its a slow and steady process which takes its own time and even if the govt in US changes this trend will still go on, as everyone has seen what US has done to Russian money in US banks by blocking them from the SWIFT system.
What you say may be true, but don't count on the US to take it lying down. "Never bet against America".
We are the people who invented aeroplanes, computers, ICs, EVs, etc etc etc . In short, an exceptional nation bestowed by God. And, remember, we have the most powerful military the world, to secure Freedom and Peace.
Even if you were right that we owe a lot of money to the world, we can always print as much as we want, for another saying that you have to put in your silly brain: "It is our currency, BUT your problem". Any smart aleck who will try to be funny, please be advised to learn the lesson of Gaddafi. He tried to force Africans to create a new Pan-Africa Currency even backed by his puny quantity of so-called (Libya's) gold reserves.
Sorry for your ilk, it just is what it is. 😂😂😂
What other currency is more attractive than the dollar? The Yuan? Is it open, free from manipulation? Is the government transparent and trusted with data and figures? All these conditions have to be met to convince investors that the Yuan is worthy of the world reserve currency.
@@talkinghand122 actual fact is yuan has not gone out of China at all, it's more like other country's legal tender comes into China and gets converted to yuan immediately and it looks like it's traded in yuan. This happened in Russia too when NATO banned them from the SWIFT system.
@@praveenspike the prc devalues their currency. For this reason alone it will not become a world currency reserve.
@@talkinghand122 I heard BRICS is going to release a new currency altogether, so they're not going to use Chinese currency. The head of the BRICS developement bank said it will be created so that no one country can use it to sanction others. I guess just time tells what exactly they're doing.
Glad countries are standing up against the bully
I think you invited the wrong expert. The truth is too plain to see. This is a global village and the Internet is priceless. We are a billion experts assessing the Western world right now
sort of expected a discussion on the dollar however little time spent on that subject
The guest doesn't want to cause panic by talking about de-dollarization just like most economic experts avoid the " D" word when talking about the economic situation the US is dealing with. Even going as far as redefining what a recession is just to avoid accepting that we are intact in a global recession or worse.
Please, let the USD become one among many reserve currencies. People don’t realize that not only does it force the US government to run larger deficits but also reduces the competitiveness of US exports.Sure in the past the US could borrow at lower rates than most but that’s not true anymore. It borrows at rates that are common even among less powerful economies. It might look bad for Wall Street but for the average American the USD losing its primary role would not be as bad for America as most think.
There will be short term pain for most Americans, but in the long term it can be good for the USA overall.
Americans should choose a new President who is on the common American; not just for gay rights, womens' rights, minority rights, but for ALL AMERICANS' RIGHTS (excluding the US politician's and super rich). The common people and increasing homeless and poor Americans need USA's support and not Ukraine.
@@teckmenglee8060 The USA isn't some poor country that has to choose only one. It can help Americans and Ukrainians just fine. It's a matter of convincing the GOP, i.e. the political will. The GOP simply believes that those Americans don't deserve help, it's not that the US can't help them.
you ask a dollarjunky+dealer about the dollar? ridiculous!
Yet only people who seem on drugs are those who think Dollar is going down.
@@jeckjeck3119 dear bro: lets wait and see. i believe that one must be blind not to see the obvious.
@@babahanuman83
We shall see.
My logic against your fantasy.
America did very well before the petro dollar existed and it will do well after,this is just exaggerated.
Good to see a sane person in the comments.
This geniuses forget that the 🇺🇸 became the biggest economy in the world due to its advantages which gave rise to the trust in the dollar and the rest of the world choosing to use the dollar.
The euro was supposed to replace the dollar, still waiting
Al Jazeera. I've watched your channel for over 10 years and your network is one of the last remaining network still reporting the real news. Kudos
oh please..ask them to report on qatar ruling royal family and how they steal the state money, you wouldnt find anything.
Huhhhhj
@@mattjohns-mammoodan2144 u indian don't understand English
Expect in their own country.
@@yogi_gs get outta here with that Hindu nationalist, anti-Muslim sentiment
All currencies are equal, but one is more equal than others.
I disagree with what the guest say about Putin expecting Europe to divide cos of high gas price. It was the West who promoted the destruction of Nord stream pipe line and put embargo on Russia oil which cos high gas price .
No body is saying US$ won't play a role but well reduced role, since US still produces some 20% of the world production!
the us has a trade balance deficit. it does not produce that much but it consumes that much. it can do so by printing the money.
And what it produces is actually made abroad - thus actually belonging to that country.
@@lolazal1
US corporations
You mean.
the future.
thing is that the value is based on the demand. backed by nothing but debt. imagine if they are already at the limit for debt and countrie like saudi, china, rissia, india get rid of petro dollar. sharing the inflation worldwide help alot but maybe it will not be possible to do this in
This Guest is clueless. he sounds like those analysts on CNN and BBC.
''He didn't say what I wanted to hear, bad.''
The world is moving towards more decentralization and less central authority. Like many other centralized fiat currencies throughout history, the USD is on borrowed time.
You mean more rug pulls?
lol, if you believe it hard enough, it might become true.... not;)
No. It's happening. It will take a few years to play out, sure, but the trend is obvious.
Trends are temporary, betting on it is unwise.
@@jeckjeck3119 Honestly, by now one must be utterly blind not to get that the West is crashing after decades of precipitous decline. Demographically, culturally, economically, financially.
@@RealCurrencies
On what planet?
It's the richest part of the world, people still risk their lives at the chance to live in the west (that is why demographics won't matter much), culture is rich and many:) You are so blinded by your aspirations, you only see what you want to see, not what is actually there.
@@jeckjeck3119 Trends are temporary, but the US decline is a reality that only diehard fools deny.
@@jeckjeck3119 🤣🤣🤣 Only the most desperate from heavily-impoverished and war-torn countries are fleeing to the United States. The US now visually resembles a developing country, especially $h!th0l3s such as California.
Three years ago, no one could have predicted the present condition of the U.S. dollar. The United States persists in making the same errors that contributed to the current state of the dollar. Consequently, there is no assurance that the dollar's future will be as promising as anticipated.
These are the conditions in which life-changing money is made by those who remain calm, patients, and take controlled risks. Volatility goes both ways, the bigger the red candles, the bigger the green ones.
I consult a financial coach before investing. During the pandemic, I employed profit-focused strategies and risk minimisation, leveraging their insider knowledge and analysis. Working with Stacey Lee Decker as my coach for over three years, I've generated around $750k in earnings.
Old School expert. Does not have the latest trend in his vision. Thanks.
Trends are temporary:/
@@jeckjeck3119 but important
@@lolazal1
US dollar has been historically the safest.
Mere Trend is nowhere near enough to threaten its power.
YES it's exaggerated
Unfortunately The majority of individuals seem unaware of and careless when it comes to investing, despite the fact that it should be the best thing a person can do for himself. My gains from stocks and cryptocurrencies are still having a significant impact on my fortune. So I have no inclination to rely entirely on my pay or to wait for the market to go up.
Assets that can make wealthy
Crypto
Stock
Real estate
Gold
You're right, Fear is one of the factors that hinder most persons to invest into crypto, most persons say ignorance..
I'm enjoying working under a platform that brings good returns in my life and I've been making my weekly returns without stress all in crypto
imagine investing in Bitcoin earlier.... You could have been a multi millionaire presently
@Amanda Sheridan I will personally introduce you to my account manager Anna S Wilson of UCLA Anderson financial Institute, her trading methods are working for me
Answer to the question: YES
The Rise of Civilization States is unstoppable. Resource Based Economies are evolving.
This debate is the wailing wall of the fall of the American empire
Good unbiased, unbalanced and neutral piece purely based on facts and logic; non of this Main Stream Media approach.
We appreciate your taking the time to share your feedback with us. 🙌
😮 what ?
Totally biased. The guy is pro American. One side, aljazeera is Western mouthpiece
Notice how they didnt mention India but mentioned Brazil, Russia and Saudi Arabia. Unbiased, right!
Daniel Yergin is Performing Damage Control For The United Snakes.....
BRICS GDP is Greater Than That of The G7
BRICS + 12 Nations Applying To Join, All of Whom Are Resource Rich....Are Currently Trading Outside of The US Dollar.
Hungry A NATO Member is Currently Being Sanctioned For it’s Refusal to Support Sanctions Against Russia....
French President Macron Openly Declares That The EU Ought to Avoid Being The United Snakes Vassal.....40% of The German Public Agree with Macron.....
Sure and Clear Signs Of NATO Disunity.....Contrary To Daniel’s Belief of A More Unified NATO...
AlJazzera US....Should Consider Inviting Professor Jeffery Sacks To Discuss With Daniel The Current Issues with regards De-Dollarisation and NATO Unity....
Come On AlJazzera....You’re Better Than Feeding Us Daniel’s DRIBBLE.....🙄
More in the US should listen to Yergin
Go brics Nations....❤❤❤
Daniel Jürgen's comments on the future of metals is very perceptive. This is certainly the right way to look at things.
THE JOURNALIST SEEM TO FORGET THAT THE REST OF THE WORLD SEE U.S AS A BIG GANGSTER. 😃😃
The best take I have seen on the "reducing Dollar power" issue. Thanks
The short answer to the title of this video. “Yes” BUT, the direction that the USA is going. In a couple decades, “No”. Countries are waking up.
The point is that the world outside NATO is tired of unfair monetary colonialism. Countries in the world want everything to be fair, to be treated fairly, to have fair opportunities too
The mighty $100 dollar note can be printed for 35 cents each and it's printed unresponsibly in unlimited amounts. How would this end ?
dollar value 25 cents/ per dollar
Excuse me but India and China border issue. On this very issue not a single bullet has been shot. So please don't twist the facts.
this man works for the federal reserve and is not seeing shift or maybe he doesn't want to
He can't see something that is not there:/ US dollar will be supreme for a long while, and then some.
Damage Control 😂.....The Emperor’s New Clothes
The Emperor Has No Clothes .....
The United Snakes is Crumbling Before Our Eyes.....It’s Influence In Global Domination is History....
It’s Decline is Evident in The Standard of Living Across America And Failing Banks Not To Mention it’s Historic Debt Levels....
It Also Explains The Decadence And Degradations In Morals And Values in The Western Societies....A Mirror Image of Rome’s Final Days Before it’s Eventual Collapse....
History doesn’t Repeat itself....But it Certainly Rhymes....Oscar Wilde.
@@jeckjeck3119 puff! Your 401K will be gone forever
@@cowarddonnie-ji5yz
LOL, you can dream, dreaming is free;)
Absolutely great coverage!! Thank you thank you thank you!!!
Weak interview.
Democracy is perfect and is innocent
Sanction is one of the most powerful tool to use again other who does not subdue to democracy power.
So sanctioning a country that started a war is a bad thing now? Howso?
What a gem of conversation.
With all due respect sir, PUTIN never said it was gonna be over in 5 days anywhere that I could find. So my question to you is, where are you getting the "5" days from?
for all the talk, SAUDI has NOT YET done any trade in YUAN....
so forget about it.
ITS HOT AIR.
Mexico is a larger trading partner to the US than Canada. Thanks for ignoring us.
2022 figures: USA exports to Mexico: 324MUS$, imports:455MUS$
USA exports to Canada: 356MUS$, imports: 438MUS$.
Your assertion should have been: Canada and Mexico trade about THE SAME with USA. All figures taken from United States Census Bureau.
It's not dying! It's just going to where it belongs!
Zambia my dear country
All credits goes to putin, xingping and Modi💪👏👏👏👏
US$ is the cause hyper inflation in many countries. When US increase interest rates, many countries which owned debt in US$ will suffer because they need to pay more debt.
Also because USA and europe has sanctioned russian exports causing lower global supply and raising its prices.
Those interst rates are fixed at the time of purchase. There is no variable interest rate on sovereign debt bonds.
@@samnangthim6949 True, but it does impact the new debt they take on.
where & when can i buy BRICS coins?
If you want to kill the Snake, you need to cut it's head, not it's tail. By switching money to gold standard, it's not only to protect yourself from money freezing sanctioning, but it is sharp blade that's kill the Snake too. If you use a debt paper as money, so how you gonna get out of debt circle? Only thing you can do is rob money from your neighbors, but if you rob wrong neighborhood so that's can be your last doom.🙂
LOL, 'wise man' in the comments, people.
You were good till the last two lines. And what's with saying last doom? Doom is bad enough, there will only be one doom
Found a way to digest gold?
Who’s the snake?? Lol
@@volkerengels5298 Gold is used in mobile phones microchips Computer's mother board to Space Suits Space Telescope.
It is. Rome wasn't built in a day
Isn’t there newspaper headlines from the 60’s saying end to Dollar? Apocalyptic news always sells well.
Maybe that is the time when iraq announces to abandon petro dollar and said they will no longer use US dollar on oil trades. After that statement USA invaded iraq and created a story that their reason is mass destruction but in reality they wanted to prevent iraq to abandon US dollar currency used on their oil products.
@@thewho5786 Not getting into the details of Iraq war but it happened many times before that. People have been talking about dropping dollar like 5 minutes after it was selected as global currency of exchange. They make a big scare about this anytime US economy tanks and then realized for all its faults no other currency can provide what the Dollar can provide. And in the end while everyone has problems with US they have bigger problem with the alternative. Like for example India don’t like US but they hate China more. Africa hates US but they hate France more etc.
Maybe not the end that you have in mind...but the dollar has lost over 90% of it's domestic purchasing power since the early 70's...USD ranks No. 10 of strongest currencies and getting worse
Yes that led to scrapping Gold Standard. Because US overprinted for Viet War
American weaponized dollar and printing unlimited with $31trillion debt
From Defacto to Defunct 😅
Mexico is USA biggest trading partner.
Sounds like the same nonsense at the launch of the Euro.
China currency is not freely traded. So it's not even as good as the Euro.
They can only see the details they like but wont look at the whole picture.
Hatred blinds people
@@jaja3359
I agree.
Foolish fools, they are.
The current trend is to make Western sanctions irrelevant..
The west using sanctions to advance it's goals , threaten rest of world , is not good.. the free world is not slave of America, Europe or China.. the world needs more and more alternative currency to trade.. white nations have started to act like Nazis using sanctions left and right..
The Yuan will be traded more in the near future. The Chinese economy is growing; the Eurozone economy is dying, just like the US economy.
@@yohighness usa is booming.
I see the end of US hegemony.
The number of nations now working to de-dollarize continues to grow. ASEAN has now joined the fray. The momentum here is so strong, I don't see any way this doesn't now happen. One of the factors that I've yet to see any economist talk about is that the result of this is going to be a depreciation in the value of the US dollar and so ALL metrics that are based on the US dollar are going to see significant swings. One of those metrics is nominal-exchange rate GDP, so this guest actually missed this point, that China might actually pass the US more quickly as a result of de-dollarization. On a PPP basis of course this happened many years ago.
lol, wet dream of few dictators that will stab each other in the back won't be enough to defeat The Dollar.
@@jeckjeck3119 I think your living in some kind of bubble.
@@jeckjeck3119 The countries now actively working on de-dollarization include India, the world's largest democracy, Brazil, the largest democracy in South America, South Africa and Kenya, both democracies in Africa and a number of democracies in ASEAN, like Malaysia and Indonesia. You must be American and can't find any nations on a map?
@@sjishah
People who think dollar is going down are living in the bubble.
@@rebym
And democracies like China and Russia? LMAO.
Love how you try not to mention the biggest economy in the alliance.
You guys are nowhere united enough or secure enough for this endeavor.
Is there a recent edition of The Prize?
A major factor always overlooked: Language. If there's some financial or commercial verbiage in English, nearly everyone around the world can figure out what it is. If it's in Chinese (something Chinese people often insist on), then it'll remain an undecipherable mystery to most nations of the world. It’s a big rampart that will durably keep the dollar’s status safe. That’s where cultural dominance translates into real economic benefits.
What about the value of each local currency. The condition of each economy will definitely affect their values. This will affect import/export. The headache of dealing with 50 different currencies or more. Wasn't this the reason why the EU has a single currency?
@Yan Marle: I have 2 neighbors that hardly speak a word of english, they work for a landscaper in town, they use some type of app to understand and be understood, seems to me Language is becoming less of a hurdle in communication.
@@johnpalma7265
That seems a bit different than the gordian knot that are economics.
@@jeckjeck3119 Gordian knot?,
@@johnpalma7265 Greek thing, an overcomplicated knot that can be easily solve by cutting it down.
The DXY shows the USD trading normally against major international trade currencies.
I'm starting to think Al-Jazeera wants it to be so. 🙄
Lots of dictatorship people want to, but wanting and reality are 2 different things.
😂😂 reality hits hard when you see it
It is what it is...
All the money I earned 5 years ago, is worth half as much now. Us dollar is going to collapse, if you think current homelessness population is bad in United States, 5 years from now, 70% of Americans will be homeless or living in poverty.
No more dollar? No more secruity,.. You guys are gonna love that hahahahahaa
You mistake monetary slavery with security. Slave masters were always interested that their slaves stay fit and secure.
@@slavakotelnikov2440
lol, the claim coming from the Anti-dollar movement, whose main member (Ch!na) literally engages in $lave lab0r.
No more stupid sanctions against countries that the US doesn't like; big win for the world, big loss for the imbeciles in Washington.
In what security are you referring? Even if the dominant world currency is going to change (which, by the way, it will not because the US dollar is backed by the armed forces of US), the rich will remain rich and the poor will remain poor. Nothing will change.
@@ΣΤΕΡΓΙΟΣΚΟΣΜΙΔΗΣ It's already changing. Your head is buried deep in the sands, you either don't see it or you're in denial. Armed forces have nothing to do with it. And the US army is a bunch of cowards who only attack weak countries, anyway. 😂
Not exaggerated at all!🙏💪💯
These males are in denial. The US dollar is finished. It will just take a while to take effect
can USA survive if dollar lost its dominance and its borrowing power?
If it lost all its borrowing power it would be a bit of a struggle, but since most US debt is owed to US corporations and citizens, the loss of foreign demand for it wouldn't be all that big of a deal.
If it was backed by gold then it wouldn’t be dying right? Us in the USA got until August to live a high maintenance life.
You can all send your dead dollars to me no problem 😂
It's good news no doubt ,
Why these channels always bring on one sided hypocrite for a debate 🤔
They should tell us more of what we want to hear, not facts;)
WORSE THAN TOILET PAPER VERY SOON
Seems like a lot of people forget why the US Dollar has lasted this long in the first place. America not only has an incredibly strong military but also an economy much more stronger than some countries combined. I mean look at the Housing crisis in 08'. As terrible as it was, it could have been much worse. If it were one of the BRICS nations for instance, the impact would have been catastrophic. Can you imagine Brazil's or China's entire housing market collapsing on the scale it happened in the US? It would lead to anarchy. No other economy has the economic resiliency that America has at the moment. Don't get me wrong, there are so many problems with the economic and monetary system in America but I don't see a truly viable global accepted replacements at the moment maybe asides the Euro (the Greek financial crisis comes to mind though).
It's important to note that China actively manipulates it currency, you may say other countries do this but the scale China does currency manipulation is on a different level. I can only imagine the consequences of trading with such a currency especially for smaller countries. Some of the most important and valuable companies in the world are based in America and some of the largest companies in the world are based in America. All that is not going to disappear overnight, America still influences global demand in so many sectors. Lastly, if you do some research you''ll find that the BRICS nations have been talking about replacing the Dollar since the 80s, barely anything has changed since they said it the first time.
Better or worse, the Dollar will be around until the is a major change of world order
We'll see.
BRICS hasnt been around since the 80s what are you talking about. No one is saying dollar wont be around they are saying it will not be the sole reserve currency. Itll soon just become another currency. Pay attention to the geopolitical climate, the de dollarization is happening at a rapid pace. Soon as the western countries decided to withhold 300 billion usd of russias reserves, it was a wake up call to the world.
2 min silence for those think usa is good guy here xD
The outcome is, there will be a multipolar world where there are more than one currency being used as reserve currencies.. US dollar will not collapse, but diminish itz value in terms of global trade.. I believe Brics will come up with a currency, but they can't do it without backing it with something, it could be gold.. Gold price will soar to exponential heights..
Interesting view. Which currency will they agree on, Yuan, Real, Rupiah or something completely new, like the common currency Euro? If something like the Euro, then the CCP can't manipulate like their own currency. Many factors are involved, it's complicated. Easy said than done.
Not that easy. First of all, the world needs to agree on how it is going to value the price (the actual price, and the currency that is used to reflect the value) of the gold (or something else).
You think Brazil and Argentina will successfully share a currency? Good luck, LMAO. And no, gold will never be a currency again. Even the EU had huge problems implementing the EURO and the German and Greek economies are a much better match than the economies in BRICS. A shared currency would be a disaster for BRICS. They pay lip service to the idea because they've all got some axe or another to grind and it gets populist votes but none of them are seriously that interested in it... unless they're total idiots.
R5
Dollar will not die, not before all other currencies die first.