Are fears about a dying dollar exaggerated? | The Bottom Line

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  • Опубліковано 17 гру 2024

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  • @aljazeeraenglish
    @aljazeeraenglish  Рік тому +47

    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
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    • @ghyt198
      @ghyt198 Рік тому +3

      It really true, these are the last days of US dollars 💸,,,it'll happen under your eyes

    • @mnovagwati8744
      @mnovagwati8744 Рік тому

      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

    • @mnovagwati8744
      @mnovagwati8744 Рік тому +2

      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

    • @paspa
      @paspa Рік тому +3

      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.

    • @Roonii82
      @Roonii82 Рік тому

      I expected the content of the video to be about finance. But very little was said about the dollar.

  • @SophiaChristian-so2of
    @SophiaChristian-so2of Рік тому +1854

    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?

    • @JenniferDrawbridge
      @JenniferDrawbridge Рік тому +4

      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.

    • @MarkFreeman-xi3rk
      @MarkFreeman-xi3rk Рік тому +4

      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
      @AntonioBianh Рік тому +2

      @@MarkFreeman-xi3rk Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems

    • @MarkFreeman-xi3rk
      @MarkFreeman-xi3rk Рік тому +2

      @@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

    • @cythiahan8455
      @cythiahan8455 Рік тому +2

      @@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..

  • @Robertgriffinne
    @Robertgriffinne Рік тому +501

    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..

    • @PhilipMurray251
      @PhilipMurray251 Рік тому +5

      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.

    • @rannyorton
      @rannyorton Рік тому +2

      How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

    • @PhilipMurray251
      @PhilipMurray251 Рік тому +5

      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.

    • @rannyorton
      @rannyorton Рік тому +2

      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.

    • @MilitaryMilitary-tk1if
      @MilitaryMilitary-tk1if Рік тому +1

      Consumer spending drives the economy. Matters little if it's cash spending or credit spending

  • @Hannahbenowitz
    @Hannahbenowitz 5 місяців тому +323

    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.

    • @FinnBraylon
      @FinnBraylon 5 місяців тому +4

      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

    • @HildaBennet
      @HildaBennet 5 місяців тому +2

      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

    • @JosephineKenney
      @JosephineKenney 5 місяців тому +2

      How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

    • @HildaBennet
      @HildaBennet 5 місяців тому +2

      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...

    • @JosephineKenney
      @JosephineKenney 5 місяців тому +2

      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.

  • @Greggsberdard
    @Greggsberdard 5 місяців тому +319

    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

    • @BateserJoanne
      @BateserJoanne 5 місяців тому

      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.

    • @VictorBiggerstaff
      @VictorBiggerstaff 5 місяців тому

      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.

    • @crystalcassandra5597
      @crystalcassandra5597 5 місяців тому

      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?

    • @VictorBiggerstaff
      @VictorBiggerstaff 5 місяців тому

      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.

    • @lolitashaniel2342
      @lolitashaniel2342 5 місяців тому

      I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

  • @JoseLuis-zn5tb
    @JoseLuis-zn5tb Рік тому +342

    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

    • @isabellecorna6407
      @isabellecorna6407 Рік тому

      @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

    • @isabellecorna6407
      @isabellecorna6407 Рік тому

      @markharrisonn SOFIA ERAILDA SEMA

    • @isabellecorna6407
      @isabellecorna6407 Рік тому +1

      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

    • @francoislechanceux5818
      @francoislechanceux5818 Рік тому

      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.

    • @francoislechanceux5818
      @francoislechanceux5818 Рік тому +2

      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?

  • @johnlay3040
    @johnlay3040 Рік тому +319

    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.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +1

      LOL, BRICS is a failure.
      Only contender is the EURO, and EURO has no plans to change things.

    • @shivangidatir5101
      @shivangidatir5101 Рік тому +32

      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

    • @WaveRider1989
      @WaveRider1989 Рік тому

      ​@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?

    • @laosasean8482
      @laosasean8482 Рік тому

      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.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +18

      @@shivangidatir5101
      LOL, Foolish Aspirations.

  • @stevensmiddlemass2072
    @stevensmiddlemass2072 Рік тому +345

    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?

    • @KingDavid-jj7tk
      @KingDavid-jj7tk Рік тому +2

      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.

    • @marcorocci-ct7kw
      @marcorocci-ct7kw Рік тому +1

      @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?

    • @marcorocci-ct7kw
      @marcorocci-ct7kw Рік тому +1

      @thelastunicorn1987 Thank you for this amazing tip. I just looked the name up, wrote her and scheduled a call

    • @varunshekhar8944
      @varunshekhar8944 2 місяці тому

      yes liquidate your stocks and buy gold. I REPEAT, do not invest in stocks! buy gold or you'll lose all of it

  • @joeykitty2892
    @joeykitty2892 Рік тому +231

    Fact is, countries are moving away from American influence and it's currency. It might take a while, but the shift has begun already.

    • @5373NSMAG
      @5373NSMAG Рік тому +16

      Then it’ll be back. Watch.

    • @jvjd
      @jvjd Рік тому

      @@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

    • @keirenle
      @keirenle Рік тому +26

      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?

    • @HTeo-og1lg
      @HTeo-og1lg Рік тому +15

      @@keirenle . I agree 💯 percent. It is logical and unbiased point.

    • @cowarddonnie-ji5yz
      @cowarddonnie-ji5yz Рік тому +3

      @@5373NSMAG just like Donnie Chump will be back in office, right?

  • @wilhelmhesse1348
    @wilhelmhesse1348 Рік тому +57

    24 minute program with a title on the dollar but 30 second discussion on the dollar....

  • @bobbymainz1160
    @bobbymainz1160 Рік тому +414

    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

    • @JaykeTurner
      @JaykeTurner Рік тому +1

      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.

    • @RebeccaBellick
      @RebeccaBellick Рік тому

      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.

    • @AlexanderTurke
      @AlexanderTurke Рік тому

      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
      @RebeccaLee-ks4cq Рік тому

      @@AlexanderTurke Please, who is the advisor that assists you with your investments?

    • @AlexanderTurke
      @AlexanderTurke Рік тому

      @@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

  • @Raymondjohn2
    @Raymondjohn2 Рік тому +1177

    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..

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +2

      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.

    • @hermanramos7092
      @hermanramos7092 Рік тому +2

      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.

    • @martingiavarini
      @martingiavarini Рік тому +2

      @@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..

    • @hermanramos7092
      @hermanramos7092 Рік тому +2

      @@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..

    • @martingiavarini
      @martingiavarini Рік тому +1

      @@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.

  • @Jac76906
    @Jac76906 Рік тому +87

    When you keep pressing the sanction button so frequently that it was eventually bound to break

    • @thewho5786
      @thewho5786 Рік тому

      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.

    • @pooga5248
      @pooga5248 Рік тому +2

      Keep pressing the Printing Money Button, that's the real issue

  • @youtuberx199
    @youtuberx199 Рік тому +94

    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

    • @nicoaguswibiantoro5489
      @nicoaguswibiantoro5489 Рік тому +12

      Yeahhh
      Asean is China largest trading partners

    • @WaveRider1989
      @WaveRider1989 Рік тому

      I guess china is the big dog now. 🐕 all you happy?

    • @laosasean8482
      @laosasean8482 Рік тому +7

      Asean and China trade is over $900 billions.

    • @rusminnoer632
      @rusminnoer632 Рік тому

      He is ignorant and proud of his stupidness..

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +7

      ''Why did de-dollarization fail.''
      Is what you will be watching when it all falls apart, lol.

  • @MRTY323
    @MRTY323 Рік тому +65

    I look forward to a world without sanctions and dollar related woes.

    • @yungy7942
      @yungy7942 Рік тому

      So you look forward to mass scale wars and aggression. I can tell you’re extremely intelligent.

    • @baklava6138
      @baklava6138 Рік тому +1

      How abt yuan sanctions?

    • @MRTY323
      @MRTY323 Рік тому +5

      @@baklava6138 yuan sanctions? What are those? Do you mean Chinese sanctions?

    • @hhbattery4746
      @hhbattery4746 Рік тому

      Nobody likes China tho

    • @jennifervanderbilt3745
      @jennifervanderbilt3745 Рік тому

      Lol how about emboldening China and Russia of land grabbing? Isn’t supporting their move to get away from sanctions will do that?

  • @pavelsabkov852
    @pavelsabkov852 Рік тому +27

    What a waist of time !!! This guy is master of talking without telling nothing .

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +2

      Kinda like BRICS and its aspirations, lol.

    • @pavelsabkov852
      @pavelsabkov852 Рік тому +2

      @thulomanchay exactly

    • @pavelsabkov852
      @pavelsabkov852 Рік тому +1

      @@jeckjeck3119 the topic is US dollar strength, and I’ve expect something on this theme.

    • @stocksforever4200
      @stocksforever4200 Рік тому

      @@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

  • @directdemocracy133
    @directdemocracy133 Рік тому +189

    Honestly, I am surprised the dollar has lasted this long. The world is aware that using USD they are supporting the US military finances.

    • @neogenzim1995
      @neogenzim1995 Рік тому +6

      this is a massive misunderstanding of how global economics works
      the dollar as a reserve currency reduces America's spending power, not increase

    • @joycecristobal5042
      @joycecristobal5042 Рік тому +1

      ​​@@neogenzim1995 interesting! Can you expound?

    • @martinlam4258
      @martinlam4258 Рік тому +5

      @@neogenzim1995 are you serious?

    • @hbc511
      @hbc511 Рік тому +1

      ​@@martinlam4258 seems clued out😅

    • @cowarddonnie-ji5yz
      @cowarddonnie-ji5yz Рік тому +3

      @@neogenzim1995 should change yours to terminal influenza

  • @kko-punch7059
    @kko-punch7059 Рік тому +112

    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.

    • @Jab_Air
      @Jab_Air Рік тому +11

      There is no trend of “de-dollarization”, the $ global reserve holdings have increased since 2017.

    • @ciybersal9833
      @ciybersal9833 Рік тому +20

      ​@@Jab_Air
      Your not on this planet.

    • @cowarddonnie-ji5yz
      @cowarddonnie-ji5yz Рік тому

      @@Jab_Air because US is printing money and backed by BS

    • @pseudocolor
      @pseudocolor Рік тому +11

      @@ciybersal9833 some people live on their own bubble

    • @Jab_Air
      @Jab_Air Рік тому

      @@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.

  • @JoanneWu-ye4kp
    @JoanneWu-ye4kp Рік тому +142

    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

    • @lolazal1
      @lolazal1 Рік тому +17

      Bingo!

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +14

      lol, it's not happening.
      Only one who can properly challenge The Dollar is EURO.

    • @badbad-cat
      @badbad-cat Рік тому +13

      ​@@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

    • @BobyourUncle
      @BobyourUncle Рік тому

      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!

    • @spaceycakey1987
      @spaceycakey1987 Рік тому +9

      @@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

  • @peter-ryler
    @peter-ryler Рік тому +17

    Wow, the guest said China for starting the great power competition while other countries say they don't want to choose sides. Such shamelessness.

  • @oceanwave4502
    @oceanwave4502 Рік тому +50

    There is a saying: "Die with a thousand cuts". Before Roman collapse, asking any Roman person about this possibility, they would laugh at you.

    • @lolazal1
      @lolazal1 Рік тому +10

      Or England.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +2

      LOL, aspirations of small minded.

    • @badbad-cat
      @badbad-cat Рік тому +15

      ​@@jeckjeck3119 every empire will fall one day. every single empire

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +6

      @@badbad-cat Good thing US ain't an empire then;)

    • @mikexhotmail
      @mikexhotmail Рік тому +5

      @@jeckjeck3119 Military bases around the globe fit well with what the empire is?

  • @nicoaguswibiantoro5489
    @nicoaguswibiantoro5489 Рік тому +14

    Why the world shocked when Brazil join with local currency trade
    Indonesia did it since last year

  • @Aziz__0
    @Aziz__0 Рік тому +77

    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.

    • @2024Red-j5t
      @2024Red-j5t Рік тому +1

      @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
      @Blitcliffe Рік тому +2

      @@2024Red-j5t A million dollars in profit is a fantastic achievement; how can I contact this advisør of yours?

    • @2024Red-j5t
      @2024Red-j5t Рік тому +4

      @@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.

    • @Blitcliffe
      @Blitcliffe Рік тому

      @@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.

  • @musiconabudget3712
    @musiconabudget3712 Рік тому +18

    The world is not afraid.

  • @danielkey1463
    @danielkey1463 Рік тому +142

    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.

    • @raymondbarnes5264
      @raymondbarnes5264 Рік тому

      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.

    • @theresagarcia1218
      @theresagarcia1218 Рік тому

      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.

    • @greenquake11931
      @greenquake11931 Рік тому

      @@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?.

    • @theresagarcia1218
      @theresagarcia1218 Рік тому

      @@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.

    • @greenquake11931
      @greenquake11931 Рік тому

      @@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.

  • @manscall1646
    @manscall1646 Рік тому +5

    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

  • @shayansachinbasu7378
    @shayansachinbasu7378 Рік тому +6

    Um..proper example of Denial!

  • @poodleinadoodle3270
    @poodleinadoodle3270 Рік тому +4

    what about US bullying, anyone gonna talk about that? this is the huge elephant in the room.

  • @jose-fischer
    @jose-fischer Рік тому +17

    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.

    • @christianaemilio1
      @christianaemilio1 Рік тому

      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.

    • @linsey.
      @linsey. Рік тому

      @@christianaemilio1 Wow that’s stirring! Do you mind connecting me to your advisor please, I desperately need one to diversify my portfolio

    • @christianaemilio1
      @christianaemilio1 Рік тому

      You can communicate with him on telegam using the user name information below.

    • @christianaemilio1
      @christianaemilio1 Рік тому

      WHCOURTNEY.

    • @linsey.
      @linsey. Рік тому

      @@christianaemilio1 Such a priceless tip, Thank you so much for sharing!

  • @jsocials
    @jsocials Рік тому +9

    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.

    • @yohighness
      @yohighness Рік тому

      Just proves that NATO countries are led by inbeciles.

    • @ciybersal9833
      @ciybersal9833 Рік тому +2

      All the south is coming together. West is hurting badly

  • @praveenspike
    @praveenspike Рік тому +33

    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.

    • @HTeo-og1lg
      @HTeo-og1lg Рік тому

      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. 😂😂😂

    • @talkinghand122
      @talkinghand122 Рік тому +6

      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.

    • @praveenspike
      @praveenspike Рік тому +1

      @@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.

    • @nahnahson
      @nahnahson Рік тому

      ​@@praveenspike the prc devalues their currency. For this reason alone it will not become a world currency reserve.

    • @os3984
      @os3984 Рік тому

      ​@@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.

  • @mateograndpa1760
    @mateograndpa1760 Рік тому +4

    Glad countries are standing up against the bully

  • @mubizz80
    @mubizz80 Рік тому +4

    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

  • @briwik
    @briwik Рік тому +16

    sort of expected a discussion on the dollar however little time spent on that subject

    • @disgustedHoipoloi
      @disgustedHoipoloi Рік тому +2

      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.

  • @joev3181
    @joev3181 Рік тому +9

    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.

    • @_Wai_Wai_
      @_Wai_Wai_ Рік тому +1

      There will be short term pain for most Americans, but in the long term it can be good for the USA overall.

    • @teckmenglee8060
      @teckmenglee8060 Рік тому +2

      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.

    • @zvxcvxcz
      @zvxcvxcz Рік тому +1

      @@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.

  • @babahanuman83
    @babahanuman83 Рік тому +6

    you ask a dollarjunky+dealer about the dollar? ridiculous!

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +2

      Yet only people who seem on drugs are those who think Dollar is going down.

    • @babahanuman83
      @babahanuman83 Рік тому

      @@jeckjeck3119 dear bro: lets wait and see. i believe that one must be blind not to see the obvious.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому

      @@babahanuman83
      We shall see.
      My logic against your fantasy.

  • @PETE4955
    @PETE4955 Рік тому +3

    America did very well before the petro dollar existed and it will do well after,this is just exaggerated.

    • @ephraimsimable
      @ephraimsimable Рік тому

      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.

  • @boozolini4465
    @boozolini4465 Рік тому +2

    The euro was supposed to replace the dollar, still waiting

  • @keyboardemperor3540
    @keyboardemperor3540 Рік тому +4

    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

    • @vegan.soyboy
      @vegan.soyboy Рік тому

      oh please..ask them to report on qatar ruling royal family and how they steal the state money, you wouldnt find anything.

    • @mattjohns-mammoodan2144
      @mattjohns-mammoodan2144 Рік тому

      Huhhhhj

    • @keyboardemperor3540
      @keyboardemperor3540 Рік тому

      @@mattjohns-mammoodan2144 u indian don't understand English

    • @yogi_gs
      @yogi_gs Рік тому

      Expect in their own country.

    • @keyboardemperor3540
      @keyboardemperor3540 Рік тому

      @@yogi_gs get outta here with that Hindu nationalist, anti-Muslim sentiment

  • @hugo9618
    @hugo9618 Рік тому +5

    All currencies are equal, but one is more equal than others.

  • @live4islam684
    @live4islam684 Рік тому +3

    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 .

  • @pahatpahat9566
    @pahatpahat9566 Рік тому +18

    No body is saying US$ won't play a role but well reduced role, since US still produces some 20% of the world production!

    • @tengrici431
      @tengrici431 Рік тому +12

      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.

    • @lolazal1
      @lolazal1 Рік тому +8

      And what it produces is actually made abroad - thus actually belonging to that country.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +1

      @@lolazal1
      US corporations
      You mean.

    • @erikrobillard6950
      @erikrobillard6950 Рік тому

      the future.

    • @erikrobillard6950
      @erikrobillard6950 Рік тому +1

      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

  • @precophox
    @precophox Рік тому +9

    This Guest is clueless. he sounds like those analysts on CNN and BBC.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +1

      ''He didn't say what I wanted to hear, bad.''

  • @youtubeuser5683
    @youtubeuser5683 Рік тому +5

    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.

    • @kaym7704
      @kaym7704 Рік тому

      You mean more rug pulls?

    • @jeckjeck3119
      @jeckjeck3119 Рік тому

      lol, if you believe it hard enough, it might become true.... not;)

  • @RealCurrencies
    @RealCurrencies Рік тому +10

    No. It's happening. It will take a few years to play out, sure, but the trend is obvious.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому

      Trends are temporary, betting on it is unwise.

    • @RealCurrencies
      @RealCurrencies Рік тому +2

      @@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.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +1

      @@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.

    • @yohighness
      @yohighness Рік тому

      @@jeckjeck3119 Trends are temporary, but the US decline is a reality that only diehard fools deny.

    • @yohighness
      @yohighness Рік тому

      @@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.

  • @ClementRusso2
    @ClementRusso2 Рік тому

    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.

    • @VickyAlvy
      @VickyAlvy Рік тому +1

      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.

    • @antonnohr
      @antonnohr Рік тому

      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.

  • @tribhuvantuladhar7237
    @tribhuvantuladhar7237 Рік тому +13

    Old School expert. Does not have the latest trend in his vision. Thanks.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +6

      Trends are temporary:/

    • @lolazal1
      @lolazal1 Рік тому

      ​@@jeckjeck3119 but important

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +3

      @@lolazal1
      US dollar has been historically the safest.
      Mere Trend is nowhere near enough to threaten its power.

  • @greg2502
    @greg2502 Рік тому +1

    YES it's exaggerated

  • @lincolnjack3198
    @lincolnjack3198 Рік тому +12

    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.

    • @stevewilliams760
      @stevewilliams760 Рік тому

      Assets that can make wealthy
      Crypto
      Stock
      Real estate
      Gold

    • @roycorey7454
      @roycorey7454 Рік тому

      You're right, Fear is one of the factors that hinder most persons to invest into crypto, most persons say ignorance..

    • @leahmolly9150
      @leahmolly9150 Рік тому

      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

    • @danielmedina4953
      @danielmedina4953 Рік тому

      imagine investing in Bitcoin earlier.... You could have been a multi millionaire presently

    • @billymark7125
      @billymark7125 Рік тому

      @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

  • @mathisnotforthefaintofheart
    @mathisnotforthefaintofheart Рік тому +1

    Answer to the question: YES

  • @gregorytremaine1164
    @gregorytremaine1164 Рік тому +14

    The Rise of Civilization States is unstoppable. Resource Based Economies are evolving.

  • @israel_should_not_exist
    @israel_should_not_exist 5 місяців тому +1

    This debate is the wailing wall of the fall of the American empire

  • @e_valley2707
    @e_valley2707 Рік тому +19

    Good unbiased, unbalanced and neutral piece purely based on facts and logic; non of this Main Stream Media approach.

    • @aljazeeraenglish
      @aljazeeraenglish  Рік тому +2

      We appreciate your taking the time to share your feedback with us. 🙌

    • @rdsc.455
      @rdsc.455 Рік тому +6

      😮 what ?

    • @ciybersal9833
      @ciybersal9833 Рік тому

      Totally biased. The guy is pro American. One side, aljazeera is Western mouthpiece

    • @lspashwin29
      @lspashwin29 Рік тому +2

      Notice how they didnt mention India but mentioned Brazil, Russia and Saudi Arabia. Unbiased, right!

    • @truthisforbidden5733
      @truthisforbidden5733 Рік тому

      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.....🙄

  • @notheotherklaus
    @notheotherklaus Рік тому

    More in the US should listen to Yergin

  • @darrell8167
    @darrell8167 Рік тому +4

    Go brics Nations....❤❤❤

  • @thirzel
    @thirzel Рік тому

    Daniel Jürgen's comments on the future of metals is very perceptive. This is certainly the right way to look at things.

  • @gezhagne408
    @gezhagne408 Рік тому +5

    THE JOURNALIST SEEM TO FORGET THAT THE REST OF THE WORLD SEE U.S AS A BIG GANGSTER. 😃😃

  • @oreoluwaoluwatosin9041
    @oreoluwaoluwatosin9041 Рік тому +1

    The best take I have seen on the "reducing Dollar power" issue. Thanks

  • @Africanknight88
    @Africanknight88 Рік тому +6

    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.

  • @dewatube123
    @dewatube123 5 місяців тому +1

    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

  • @frontseated5983
    @frontseated5983 Рік тому +2

    The mighty $100 dollar note can be printed for 35 cents each and it's printed unresponsibly in unlimited amounts. How would this end ?

    • @007h13
      @007h13 Рік тому

      dollar value 25 cents/ per dollar

  • @unnamedness
    @unnamedness Рік тому +1

    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.

  • @186zzz
    @186zzz Рік тому +19

    this man works for the federal reserve and is not seeing shift or maybe he doesn't want to

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +4

      He can't see something that is not there:/ US dollar will be supreme for a long while, and then some.

    • @truthisforbidden5733
      @truthisforbidden5733 Рік тому

      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.

    • @cowarddonnie-ji5yz
      @cowarddonnie-ji5yz Рік тому

      @@jeckjeck3119 puff! Your 401K will be gone forever

    • @jeckjeck3119
      @jeckjeck3119 Рік тому

      @@cowarddonnie-ji5yz
      LOL, you can dream, dreaming is free;)

  • @valkiehaider4544
    @valkiehaider4544 Рік тому +2

    Absolutely great coverage!! Thank you thank you thank you!!!

  • @lehuy719
    @lehuy719 Рік тому +3

    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.

    • @ryanschweinsburg296
      @ryanschweinsburg296 Рік тому

      So sanctioning a country that started a war is a bad thing now? Howso?

  • @sumandhamala4807
    @sumandhamala4807 Рік тому

    What a gem of conversation.

  • @MKhan-sd7hu
    @MKhan-sd7hu Рік тому +2

    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?

  • @maximme
    @maximme Рік тому +1

    for all the talk, SAUDI has NOT YET done any trade in YUAN....
    so forget about it.
    ITS HOT AIR.

  • @nachcam
    @nachcam Рік тому +3

    Mexico is a larger trading partner to the US than Canada. Thanks for ignoring us.

    • @jbqu3142
      @jbqu3142 Рік тому +1

      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.

  • @manjaguissa
    @manjaguissa Рік тому +2

    It's not dying! It's just going to where it belongs!

  • @mcljack1980
    @mcljack1980 Рік тому +3

    Zambia my dear country

  • @gshprasad
    @gshprasad Рік тому +1

    All credits goes to putin, xingping and Modi💪👏👏👏👏

  • @yutakago1736
    @yutakago1736 Рік тому +10

    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.

    • @thewho5786
      @thewho5786 Рік тому

      Also because USA and europe has sanctioned russian exports causing lower global supply and raising its prices.

    • @samnangthim6949
      @samnangthim6949 Рік тому +1

      Those interst rates are fixed at the time of purchase. There is no variable interest rate on sovereign debt bonds.

    • @zvxcvxcz
      @zvxcvxcz Рік тому

      @@samnangthim6949 True, but it does impact the new debt they take on.

  • @jessicanguyen4403
    @jessicanguyen4403 Рік тому

    where & when can i buy BRICS coins?

  • @MosesBleach-gr4rf
    @MosesBleach-gr4rf Рік тому +18

    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.🙂

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +2

      LOL, 'wise man' in the comments, people.

    • @WaveRider1989
      @WaveRider1989 Рік тому +2

      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

    • @volkerengels5298
      @volkerengels5298 Рік тому +3

      Found a way to digest gold?

    • @mfolkemer1
      @mfolkemer1 Рік тому +1

      Who’s the snake?? Lol

    • @jirachi-wishmaker9242
      @jirachi-wishmaker9242 Рік тому

      @@volkerengels5298 Gold is used in mobile phones microchips Computer's mother board to Space Suits Space Telescope.

  • @alexlopez5800
    @alexlopez5800 Рік тому +1

    It is. Rome wasn't built in a day

  • @Munthasir123
    @Munthasir123 Рік тому +7

    Isn’t there newspaper headlines from the 60’s saying end to Dollar? Apocalyptic news always sells well.

    • @thewho5786
      @thewho5786 Рік тому

      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.

    • @Munthasir123
      @Munthasir123 Рік тому

      @@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.

    • @MusehanaH
      @MusehanaH Рік тому

      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

    • @jirachi-wishmaker9242
      @jirachi-wishmaker9242 Рік тому

      Yes that led to scrapping Gold Standard. Because US overprinted for Viet War

  • @sub3ero984
    @sub3ero984 Рік тому +1

    American weaponized dollar and printing unlimited with $31trillion debt

  • @lighttheoryllc4337
    @lighttheoryllc4337 Рік тому +3

    From Defacto to Defunct 😅

  • @527ctguy
    @527ctguy 10 місяців тому +1

    Mexico is USA biggest trading partner.

  • @ryanwalters6184
    @ryanwalters6184 Рік тому +11

    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.

    • @jaja3359
      @jaja3359 Рік тому +4

      They can only see the details they like but wont look at the whole picture.
      Hatred blinds people

    • @jeckjeck3119
      @jeckjeck3119 Рік тому

      @@jaja3359
      I agree.
      Foolish fools, they are.

    • @randomguy7175
      @randomguy7175 Рік тому

      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..

    • @yohighness
      @yohighness Рік тому +1

      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.

    • @ryanwalters6184
      @ryanwalters6184 Рік тому +2

      @@yohighness usa is booming.

  • @Editor-px2ph
    @Editor-px2ph Рік тому +1

    I see the end of US hegemony.

  • @rebym
    @rebym Рік тому +30

    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
      @jeckjeck3119 Рік тому +11

      lol, wet dream of few dictators that will stab each other in the back won't be enough to defeat The Dollar.

    • @sjishah
      @sjishah Рік тому +15

      ​@@jeckjeck3119 I think your living in some kind of bubble.

    • @rebym
      @rebym Рік тому +19

      @@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?

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +8

      @@sjishah
      People who think dollar is going down are living in the bubble.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +10

      @@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.

  • @michaelsweeney4547
    @michaelsweeney4547 Рік тому

    Is there a recent edition of The Prize?

  • @yanmarle2864
    @yanmarle2864 Рік тому +15

    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.

    • @talkinghand122
      @talkinghand122 Рік тому +3

      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?

    • @johnpalma7265
      @johnpalma7265 Рік тому

      @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.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому

      @@johnpalma7265
      That seems a bit different than the gordian knot that are economics.

    • @johnpalma7265
      @johnpalma7265 Рік тому

      @@jeckjeck3119 Gordian knot?,

    • @d3vilmaycry25
      @d3vilmaycry25 Рік тому

      @@johnpalma7265 Greek thing, an overcomplicated knot that can be easily solve by cutting it down.

  • @petersinclair3997
    @petersinclair3997 Рік тому

    The DXY shows the USD trading normally against major international trade currencies.

  • @joeldavis5815
    @joeldavis5815 Рік тому +10

    I'm starting to think Al-Jazeera wants it to be so. 🙄

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +4

      Lots of dictatorship people want to, but wanting and reality are 2 different things.

    • @whatthe.4703
      @whatthe.4703 Рік тому +1

      😂😂 reality hits hard when you see it

    • @MusehanaH
      @MusehanaH Рік тому

      It is what it is...

  • @andyzwz
    @andyzwz Рік тому +1

    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.

  • @jfern6673
    @jfern6673 Рік тому +4

    No more dollar? No more secruity,.. You guys are gonna love that hahahahahaa

    • @slavakotelnikov2440
      @slavakotelnikov2440 Рік тому +1

      You mistake monetary slavery with security. Slave masters were always interested that their slaves stay fit and secure.

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +1

      @@slavakotelnikov2440
      lol, the claim coming from the Anti-dollar movement, whose main member (Ch!na) literally engages in $lave lab0r.

    • @yohighness
      @yohighness Рік тому

      No more stupid sanctions against countries that the US doesn't like; big win for the world, big loss for the imbeciles in Washington.

    • @ΣΤΕΡΓΙΟΣΚΟΣΜΙΔΗΣ
      @ΣΤΕΡΓΙΟΣΚΟΣΜΙΔΗΣ Рік тому +1

      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.

    • @yohighness
      @yohighness Рік тому

      @@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. 😂

  • @junioralmighty999
    @junioralmighty999 Рік тому +1

    Not exaggerated at all!🙏💪💯

    • @suezcontours6653
      @suezcontours6653 Рік тому

      These males are in denial. The US dollar is finished. It will just take a while to take effect

  • @tonyh7158
    @tonyh7158 Рік тому +4

    can USA survive if dollar lost its dominance and its borrowing power?

    • @zvxcvxcz
      @zvxcvxcz Рік тому +2

      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.

  • @jacquacooper
    @jacquacooper Рік тому +1

    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.

  • @SM-pr1qt
    @SM-pr1qt Рік тому +2

    You can all send your dead dollars to me no problem 😂

  • @mdafzalurrahman7249
    @mdafzalurrahman7249 Рік тому +1

    It's good news no doubt ,

  • @kanvers4699
    @kanvers4699 Рік тому +4

    Why these channels always bring on one sided hypocrite for a debate 🤔

    • @jeckjeck3119
      @jeckjeck3119 Рік тому +2

      They should tell us more of what we want to hear, not facts;)

  • @ramrai5783
    @ramrai5783 Рік тому +1

    WORSE THAN TOILET PAPER VERY SOON

  • @ndavies8
    @ndavies8 Рік тому +6

    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

    • @ntuthukongema4823
      @ntuthukongema4823 Рік тому

      We'll see.

    • @Skkj0802
      @Skkj0802 Рік тому

      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.

  • @onetapzzzzz6494
    @onetapzzzzz6494 Рік тому +1

    2 min silence for those think usa is good guy here xD

  • @bobenrajan3690
    @bobenrajan3690 Рік тому +4

    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..

    • @talkinghand122
      @talkinghand122 Рік тому +1

      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.

    • @tcdwu
      @tcdwu Рік тому +1

      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).

    • @zvxcvxcz
      @zvxcvxcz Рік тому

      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.

    • @jirachi-wishmaker9242
      @jirachi-wishmaker9242 Рік тому

      R5

  • @abidurrrahman
    @abidurrrahman Рік тому +1

    Dollar will not die, not before all other currencies die first.