The End Of The US Dollar | What You Must Know

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  • Опубліковано 15 вер 2024
  • Explaining how China is trying to end the dollar's global supremacy:
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КОМЕНТАРІ • 2,9 тис.

  • @christophernolanr9250
    @christophernolanr9250 Рік тому +2797

    You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multimillionaires.I pray that anyone who reads this will be successful in life

    • @whitney5453
      @whitney5453 Рік тому +37

      I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this

    • @LittyJonez
      @LittyJonez Рік тому +8

      Well….. that was before…… not really anymore

    • @ichoosegodfromnowon847
      @ichoosegodfromnowon847 Рік тому +10

      Right back at you brother, I feel you 100%

    • @destroyerarmor2846
      @destroyerarmor2846 Рік тому +13

      My job sucks lol

    • @momlifeandstyle3751
      @momlifeandstyle3751 Рік тому +23

      They are only true millionaires if they withdraw all of it and it's tangible in a universal currency. Someone can be a millionaire online in a crypto but cannot withdraw the funds. It's happened many times. Just be aware of the risks as well as the rewards.

  • @3d4fun96
    @3d4fun96 Рік тому +852

    When decoupling from gold, decoupling from oil, and using currency as a weapon to embezzle the wealth of other countries, the dollar pushed itself off the cliff.

    • @chillscrill6116
      @chillscrill6116 Рік тому +38

      Excellent way to put it!!!

    • @luftwaffe6521
      @luftwaffe6521 Рік тому +12

      You mean the federal reserve note. This is not the REAL us dollar

    • @chillscrill6116
      @chillscrill6116 Рік тому +32

      @@luftwaffe6521 is there a true US Dollar???

    • @dalac_93
      @dalac_93 Рік тому +26

      Yup it did. Also helped spread injustice in this world

    • @peterlongprong7521
      @peterlongprong7521 Рік тому +30

      fact is: the last audit of the US Gold Reserves was 70 yrs ago (1953) seems a little overdue, no?

  • @StaunchRepublican
    @StaunchRepublican Рік тому +346

    You should do a segment on what exactly happened to England when the British Sterling Pound lost reserve currency. This would give a small glimpse into the possible future for the united States.

    • @cplg2111usmc
      @cplg2111usmc Рік тому +25

      This comment needs boosting!

    • @jesscentric
      @jesscentric Рік тому +10

      Agreed! 💯

    • @LIFEwithBAVAN
      @LIFEwithBAVAN Рік тому +20

      UK saved itself by investing heavily in becoming a welfare state, the loans given to it by the US, and cutting itself off from India and Pakistan independence of 1947, which allowed it to reinvest more post WWII into it's own nation. Then, the EU happened of course.

    • @souravsharma3481
      @souravsharma3481 Рік тому +4

      war!

    • @souravsharma3481
      @souravsharma3481 Рік тому +1

      like that of nato vs russia rn && china vs taiwan(basically nato ) again in some years........

  • @jkigtehuioropsdfjoaw
    @jkigtehuioropsdfjoaw Рік тому +25

    There are decades where nothing was happening but there are months when it feels like an entire lifetime is happening. That is what is happening this year.

    • @Nicole_Zyon
      @Nicole_Zyon Рік тому

      Absolutely agree

    • @pushpenderrana6190
      @pushpenderrana6190 4 місяці тому

      Like a guy whos seemingly healthy but now diagnosed with galloping terminal illness all its own making.The USA has only itself (by that i mean the US government) to blame, Now though the world will feel the after shocks

  • @nicciseabrook4249
    @nicciseabrook4249 Рік тому +28

    Thanks for the great information and I appreciate your advice. By the way, you did an excellent job explaining WTH is going on because prior to this video, I had no clue. I will share this with adult children too so they will start investing early and avoid the mistakes I have made. You’ve earned my subscription!!! 😊

  • @JOpalensky
    @JOpalensky Рік тому +1224

    Meanwhile, here in the US, we are arguing about sportsmanship in the NCAAW National Championship, Drag shows, Gun laws, Left vs. Right, and endless other social "issues." I really hope we can all band together and regain economic focus as a country.

    • @Jekuyuytt6t5
      @Jekuyuytt6t5 Рік тому +57

      YESSS! Because soon, we won’t have a base to stand on to even debate these issues if we don’t fix the economic problem… :(

    • @checkoutmyyoutubepage
      @checkoutmyyoutubepage Рік тому

      @@Jekuyuytt6t5they’re using those ‘issues’ to distract the population with the passing of laws that destroy freedoms and policies that destroy economies.

    • @ademali8199
      @ademali8199 Рік тому +16

      Facts

    • @johnsmith-cw3wo
      @johnsmith-cw3wo Рік тому +1

      @@ivorysulv young americans don't wan to work... wanna be influencers... Owning the libs and trashing the republicans is the main industry.

    • @kanecrawley7155
      @kanecrawley7155 Рік тому +57

      Bread and circuses. Most are asleep on autopilot.

  • @chrismuller2780
    @chrismuller2780 Рік тому +395

    It's not about when the dollar goes away, but when an alternative just as universal appears.

    • @tribaltrading2473
      @tribaltrading2473 Рік тому +41

      This already happened in January 2009 and one is worth about $28,000 USD today.

    • @codygames5415
      @codygames5415 Рік тому +14

      Petro-yuan.

    • @johnsmith-cw3wo
      @johnsmith-cw3wo Рік тому

      @@tribaltrading2473 lol... sure dude... sure... everyone want a currency that dropped from over 60k to under 30k in several months.
      but please... put all your money in Shitcoin and NFT.

    • @洛杉矶的凯文同学
      @洛杉矶的凯文同学 Рік тому +18

      Anybody that thinks RMB will soon surpass USD’s dominance simply just doesn’t know CCP that well……

    • @johnsmith-cw3wo
      @johnsmith-cw3wo Рік тому

      @@洛杉矶的凯文同学 for what I see for now... CCP don't even plan actually to replace the dollar... is more like replace dollar with many other currency from each country. (basically like it was before the dollar dominance)

  • @vilmavega2689
    @vilmavega2689 Рік тому +137

    Out of all the videos I watched on the subject, I so apréciate your explanation. Really clear and diplomatic considering the high political tensions around the status of the dollar.
    And you are right: the world did see how powerful the US is the moment it seized Russia’s forex reserves.

    • @adelinad3513
      @adelinad3513 Рік тому +21

      That did not work...plus it only shows a bully in usa

    • @nicholascastillo2431
      @nicholascastillo2431 Рік тому +1

      I agree thanks bro

    • @craigwade4618
      @craigwade4618 Рік тому +1

      Or is it the fact that this video puts you a little at ease😂😂😂😂😂

    • @Amaking10000
      @Amaking10000 Рік тому

      The world is tired of USA being a bully that is why they are hitting you back. Starting by taking down the dollar.

    • @titoteck2167
      @titoteck2167 Рік тому

      This indicates that the Americans are a group of thieves

  • @dennishunter5552
    @dennishunter5552 Рік тому +4

    America is the perfect example of crime don't pay.
    🍿 Popcorn time

  • @benedictarnold8506
    @benedictarnold8506 Рік тому +53

    This was brilliantly put together. I've been following your videos for over a year now and with professional help, I'm making progress with my investments decisions.

    • @sann5146
      @sann5146 Рік тому

      @Maria jude you don't have a "consultant" 🙄

    • @maymcanderson3768
      @maymcanderson3768 Рік тому

      Crypto will crush

    • @ZC965Tt
      @ZC965Tt Рік тому

      What's your mix like? I've been annoyed by this lately

    • @RubenDan-ml6ol
      @RubenDan-ml6ol 11 місяців тому

      Hello Benedict, how are you doing today.

  • @Fightback2023
    @Fightback2023 Рік тому +32

    The USD might not die in short term, but US would not be able to keep printing more fiat money to support the deficit spending because the top 10 nations just don't have the capability to absorb anymore treasury bonds... well except one country which is China, and I doubt China would keep lending US money. So US is going to face a massive spending cut, high interest rate with high inflation for a long long time.

    • @DionisoBaco.
      @DionisoBaco. Рік тому +2

      The new currency of BRICS may hit the dollar

  • @sidneybir
    @sidneybir Рік тому +83

    You are by far the most rational, thoughtful, unbiased and genuine person with regards to money/investments while incorporating what is going on around the world (us) in general. You make so much sense. Thank you.

  • @clark4041
    @clark4041 Рік тому +139

    Excellent breakdown. Andrei is keeping it real with true facts!

    • @Patrickmarc2423
      @Patrickmarc2423 Рік тому +8

      Warning he’s full of BS

    • @khaledneanea1830
      @khaledneanea1830 Рік тому +1

      *FACTZ

    • @Patrickmarc2423
      @Patrickmarc2423 Рік тому +4

      @@khaledneanea1830 Gold and silver surge market goes down dollar is dying. It’s the facts. In Japan join the bricks so I wouldn’t hold your breath

    • @more_money5583
      @more_money5583 Рік тому +1

      JUPITER COIN MAJOR PRICE PUMP, BUY NOW?

  • @danu6718
    @danu6718 Рік тому +9

    Excellent brief and concise history lesson, really. But I don’t think I share the same confidence in the dollar at this moment. I would definitely be going for precious metals and BTC. That’s what I’m doing.

  • @philimonleo6195
    @philimonleo6195 Рік тому +5

    Elon Musk has finally come to our rescue, if really he can turn SVB to a digital currency bank with good security, its gonna help lives.

  • @808yorkie
    @808yorkie Рік тому +173

    Coming off the gold standard was supposed to be temporary.
    Now we know it was done purposefully, and just a step in the process

    • @BagelsnOj
      @BagelsnOj Рік тому +23

      Yup. CBDC'S and digital ID/ Social Credit Scores are the goal.

    • @selfReferencinDox
      @selfReferencinDox Рік тому +24

      Income Tax was also meant to be temporary.

    • @micmccond7
      @micmccond7 Рік тому

      how could it be temporary if France and other European countries were buying up all the gold to intentionally destabilize the US dollar as a reserve currency? It was done so that the US could maintain is Reserve currency status, because at the time the US was still in the middle of a cold war. the cold war didn't end until dec of '91. Considering at the time the US needed to "convince countries to be our allies against the USSR. One of our key bribes was defense spending on its carrier fleets, to essentially treat ally ships as if they were US ships. This is what made globalization possible. without it mass urbanization of much of Asia, Europe and the Polynesian island chains today would have been utterly impossible. Consider that today many just in time supply chains that take multiple months just to ship (futures market), are done on gargantuan megacap container ships that travel at 18 knots an hour ( so amazingly slow, yet fuel efficient).

    • @Madame702
      @Madame702 Рік тому

      Every country that used the gold, has failed. If you try to use the gold standard, 12 countries will adjust the fiat currency and raid your country of all it economic strength. You would have ditch the gold standard and slap on tariffs and protectionist policy to prevent your country from economically collapsing..

    • @MaximusCommodus
      @MaximusCommodus Рік тому +3

      It was the first step to decentral the US dollar under Nixon and the second step was under Reagen when derailed banks system in America.

  • @aprilsparks1111
    @aprilsparks1111 Рік тому +303

    Appreciate how you covered the facts, educated us, gave us some great tips and didn’t fear monger. Great video, and you cranked this one out so quickly! I trust your info in a time where it’s hard to find reliable sources. 🙏thank you

    • @heydoggychannel
      @heydoggychannel Рік тому +9

      Didn't fear monger? Of course he is fear mongering look at the title of the video.

    • @angelapalmer2246
      @angelapalmer2246 Рік тому +1

      I second that. Thank you. I could easily understand what you were explaining. Great video!

    • @aprilsparks1111
      @aprilsparks1111 Рік тому +9

      @@heydoggychannel he’s just stating facts in the title, when you watch the video, he explains it really well. It’s definitely a situation that should have everyone’s full attention

    • @Kelly-hp1jd
      @Kelly-hp1jd Рік тому +1

      Yes thank you 🙏🏽 we need objective information

    • @Lot_of_thing
      @Lot_of_thing Рік тому

      The funny thing is that this is click-bait and it's not the end of US dollar. Most of the information he said its not true completly. Although some countries are taking measures against USD supremacy that wont affect it much. If the dollar declines it's because of US own problems, not due to China, Russia or SA actions.
      Besides that, you have no other coin that could replace the USD in the internacional economy.

  • @jameskarnes543
    @jameskarnes543 Рік тому +26

    I sure do like the way you present your material. Nobody demonstrates caring like you do

  • @ahmedalsharman
    @ahmedalsharman Рік тому +2

    In Gold & Silver we trust

  • @AnnaOllsson
    @AnnaOllsson День тому +4

    The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents. Hyperinflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?

    • @FinnBraylon
      @FinnBraylon День тому +2

      Biden is not entirely responsible for whatever is going. The economy is cyclical, and things will definitely get better. The first rule of investing is to keep investing, whatever the economy is doing. That is how you make substantial gains.

    • @HildaBennet
      @HildaBennet День тому +2

      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?

    • @FinnBraylon
      @FinnBraylon День тому +1

      My fiduciary is Rebecca Noblett Roberts, a renowned figure in her line of work. I recommend researching her credentials further.

    • @HildaBennet
      @HildaBennet День тому +1

      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.

  • @alexton3794
    @alexton3794 Рік тому +70

    Seriously, thank you for the history lesson and for taking the time to look at our world from a different perspective. It helps alot.

  • @MoistStache
    @MoistStache Рік тому +14

    This is actually a well explained video. No click bait. Just facts. Good work!

  • @KyeiAfari
    @KyeiAfari Рік тому +9

    The change from the dollar will be fast and drastic than you expect. There is a great awakening around the world recently and it doesn’t take long for everyone to quickly agree to move away from the dollar.
    That scenario when you walk in the morning to see that the stock has fallen. A sharp decline overnight.

    • @Captain_Crump
      @Captain_Crump Рік тому

      Keep dreaminf

    • @Captain_Crump
      @Captain_Crump Рік тому

      You clearly have no idea how economics work. There’s no possible way for the dollar to fall that drastically over night

    • @AppleJacksCereal
      @AppleJacksCereal Рік тому

      I agree it seems things are moving faster than they use to

  • @nuwandhisamodya
    @nuwandhisamodya Рік тому +5

    Bye bye dollar😂😂
    The beginning of new era 🎉❤

    • @HughJass-jv2lt
      @HughJass-jv2lt Рік тому +1

      ❤❤

    • @velociraptorblue866
      @velociraptorblue866 Рік тому

      I dont see any changes in my money what so ever. If anything my money had gotten stronger so uh what propaganda have you been eating? Im a U.S citizen.

    • @nuwandhisamodya
      @nuwandhisamodya Рік тому

      @@velociraptorblue866 wait and see 😊China to Surpass U.S. Economy, Reclaim Global Power Role by 2040, Intel Report Says. China is set to surpass the United States as the world's largest economy and advance down a path toward reclaiming a global power role within the next two decades, according to a new report by the U.S. Intelligence Community.

    • @gardenguster5271
      @gardenguster5271 Рік тому

      Cringe

  • @HurricaneWindPowercom
    @HurricaneWindPowercom Рік тому +2

    You can't stop the dollar overnight its higher now than before

  • @EZGame0510
    @EZGame0510 Рік тому +125

    Key word from Nixon- “best interest of the United States” that means screw all the other countries except the US

    • @cedricwai7499
      @cedricwai7499 Рік тому

      Now other countries are screwing back US.

    • @morieldiaquenaci5857
      @morieldiaquenaci5857 Рік тому

      China will do the same

    • @N3T0M4N
      @N3T0M4N Рік тому +3

      Yeeah

    • @chryslerfordgm
      @chryslerfordgm Рік тому +8

      Every country does that

    • @josuerizo1
      @josuerizo1 Рік тому +1

      ​@@chryslerfordgm your the American that justifies everything, bc "America" is the one doing it LOL, poor idiot, can't wait to see all you stupid Americans humble your self to the world,

  • @54V4
    @54V4 Рік тому +18

    I’ll say it again… every video is better than your last one… I applaud you from Warrington, UK.

  • @mugamba-isaac
    @mugamba-isaac Рік тому +32

    You put in a lot of work to come up with this, much appreciate it.
    However, you never touched on the fact that many central banks around the world have been increasing their gold reserves the past few years.
    Which points to the talk of new currency backed by commodities.

    • @Mrstriplejranch
      @Mrstriplejranch Рік тому +2

      He left out a lot of stuff, actually. But, yep, that’s a big one.

  • @rombios3056
    @rombios3056 Рік тому +2

    Knocks gold for Bitcoin
    Thinks dollar will break the 100 year currency curse
    Thinks reserve currency status will last our lifetime
    *Down vote!!!*

  • @Kid_Ikaris
    @Kid_Ikaris Рік тому +2

    Here's something you must know: stop taking your financial advice from a magician.

  • @yongbinsong9676
    @yongbinsong9676 Рік тому +13

    This time is different, and the de-dollarization is inevitable, We are now on a critical historical point with severe power struggles and multi-polarism rising.

  • @novaricos
    @novaricos Рік тому +48

    nicely researched and explained, thank you Andre!

  • @investingwithkendrick
    @investingwithkendrick Рік тому +34

    I just wanted to say that I truly appreciate you, your the reason why I started my youtube channel in the first place. Thanks to you I now teach people about financial literacy and how to invest their money. Thanks once again, and I hope you could inspire more people just like myself to build a youtube channel. 😊🙌

  • @liestricks
    @liestricks Рік тому +4

    Sure there might be some diversification in currency but that won't replace the reserve status. It will just be a tool to get oil. The things with the Dollar as a reserve currency (and now the Euro to some extent) is that you can spend it on things other then oil.
    Not to mention that most of these countries are not stable and have conflicting interests.

  • @viawilderness
    @viawilderness Рік тому +4

    ...it's going to mean different things for different people. For the most part, the general public is just about their daily business and won't even notice. The bigger picture though, is a bit disturbing to me...a dollar collapse and hyperinflation could easily be the "excuse" the government needs to institute monetary control (probably digital currency) over everyone. With a little bit of digging, you could actually make a pretty good case for this all happening on purpose, sadly. Do your own due diligence though. Don't take my word for it

  • @alejandroguerrero7841
    @alejandroguerrero7841 Рік тому +222

    Thank you for all the work you put into your videos❤

  • @Aziz__0
    @Aziz__0 Рік тому +231

    Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $589k in months. You have to seek for help in the right places.

    • @user-3456rtu
      @user-3456rtu Рік тому

      @Margaret 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

    • @Blitcliffe
      @Blitcliffe Рік тому

      @@user-3456rtu That's amazing! My portfolio has taken a severe hit, so I could really use their knowledge. Who is the one directing you?

    • @user-3456rtu
      @user-3456rtu Рік тому

      @@Blitcliffe "NICOLE DESIREE SIMON is her name. I initially came across her on a CNBC report then on an investment newsletter and at once searched her on the internet, best decision I've made to stay afloat these crazy times. She has been exemplary.

    • @Blitcliffe
      @Blitcliffe Рік тому

      @@user-3456rtu I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks

  • @aussteigen
    @aussteigen Рік тому +10

    Many times in the past, countries have attempted to cut ties with the US dollar, but usually, leaders who did so, like Gaddafi, faced severe consequences, which prevented it from happening again. However, this year, several countries have stopped using the dollar for foreign payments, and the US cannot intervene.
    I think you are misunderstanding history and how quickly change is happening, compared to more stable times. Ray Dalio is correct.

  • @NiceStudent728
    @NiceStudent728 Рік тому +1

    India's GDP is 3.4 trillion dollar and it's the 5th largest economy just behind Germany,Japan,china,Us

  • @georgetteclarke3538
    @georgetteclarke3538 8 днів тому

    Those who were first will be last and those who were last will be first! The humbling is here!

  • @midcenturymodern9330
    @midcenturymodern9330 Рік тому +5

    The only countries dumping the USD are China, India, Russia, Brazil, Malaysia, South Africa, and a bunch of OPEC countries. Nothing to worry about here . . .

  • @dawsondanny990
    @dawsondanny990 Рік тому +11

    America is currently plagued by the hydra-headed evil duo of inflat ion and recession. The worst part about this recession is that consumers are racking up credit card debt. In march 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.. Lloyd Bernard

    • @rannyorton
      @rannyorton Рік тому +5

      Collapse is generous 1st time in our history with a full generation that wasn't taught financial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming.

  • @LifeIsFictional
    @LifeIsFictional Рік тому +5

    Damn, dude. I can tell you put a lot of work into this one. Good job, magician man.

  • @lovingman194
    @lovingman194 Рік тому +2

    U.S can only offer paper dollar and the world already wake up😂😂😂

  • @delsol1967
    @delsol1967 6 місяців тому +1

    circumstances today are very different from decades ago. The US debt is growing out of control and there are less countries that want to have anything to do with it. Also there was no country with a big enough economy to challenge US or an economic group with the might of BRICS.

  • @LegacyStacker
    @LegacyStacker Рік тому +37

    Hi Andrei! Thanks for helping more people to understand this! There are many factors that impact the US Dollar, that's why I am putting 10% of my wealth into silver and gold! 😎

    • @SassaFrass28
      @SassaFrass28 Рік тому +2

      REAL ESTATE IS THE BEST INVESTMENT

    • @LegacyStacker
      @LegacyStacker Рік тому +2

      @@SassaFrass28 I couldn't agree more! I've made more money on real estate than any other of my physical asset investments! 😎

    • @terminatorsmoney4072
      @terminatorsmoney4072 Рік тому +1

      W. Buffet said it is silly to invest in gold. Andrei said his alternative to gold is bitcoin.

  • @AlexofCharmCity
    @AlexofCharmCity Рік тому +30

    Thanks for that balanced and reasonable explanation, it's always difficult to sum all that up when talking to panicked people that fell for click bait else where. I'll send them this video from now on lol

    • @Madame702
      @Madame702 Рік тому

      TrashPanda he didn't do his homework. Notice he doesn't talk about the other currencies.

  • @rsachoc
    @rsachoc Рік тому +18

    Andrei, you've received a fair amount of criticism as of late for various items, but I have to say, this video is why I subscribed to you several years ago. Factual, with a good dose of your own opinion, is why I still continue to watch your videos. Thank you!

  • @BonnieBennet877
    @BonnieBennet877 Рік тому +1

    Monsters,humans, unicorns, Africans,Chinese, Americans and Europeans we are all the same

  • @PQ-StarLord
    @PQ-StarLord Рік тому +1

    the main thing we need to focus is that ... if something happens to any country ... other countries should not get affected

  • @stevejen3416
    @stevejen3416 Рік тому +32

    Always loved how you explained things and what personal actions you’d take. Thanks Andrei !!!

  • @shrihara
    @shrihara Рік тому +9

    The main point you missed is that it was very difficult before the age of internet to spread the idea of de-dollarization, alternate currency.
    Now most people around the world have understood about petrodollar, gold standard, dollar hegemony, dangers of sanctions etc like never before.
    In this age of technology, it is not difficult to replace dollar with a new reserve currency. It would have been nearly impossible a decade ago.
    So once it starts happening, you would either see dollar collapsing rapidly or US declaring war against each of those countries against dollar.

    • @rajnigandha21
      @rajnigandha21 Рік тому

      Most probably. The next likely step is multiple wars..

    • @Captain_Crump
      @Captain_Crump Рік тому +1

      What currency will take its place. What country will take the us place as main exporter of world goods. Most definitely not anything brics have. Maybe the euro

    • @murugeswaryrajagopal3170
      @murugeswaryrajagopal3170 Рік тому

      Saudi - Yemen
      Russia - Ukraine
      China - India / Taiwan
      India - Pakistan
      Destabalize Africa
      Destabalize middle east
      World needs wake up

    • @GordianThoughts
      @GordianThoughts Рік тому +1

      America is the main "importer" rather than exporter. Apple is moving it's largest factories to India. The outsourcing has already been completed as far as America is concerned.... So no it is not impossible, and it would likely be a brand new currency, backed by assets.

    • @anatil4
      @anatil4 Рік тому

      @@Captain_Crump China

  • @Nizo1
    @Nizo1 Рік тому +29

    I have been researching this topic so much lately

    • @daniam4418
      @daniam4418 Рік тому +3

      Brics and the belt road initiative

  • @240fxst
    @240fxst Рік тому +1

    The truth is the US debt is at 30Trillion Dollars+ Just print more money from the federal reserve and all is well until bills have to be paid by the american people. Look how terrible the economy is now along with homelessness, jobless, opportunities, healthcare, infrastructure, cost of living, recession and on and on and on...... Debt keeps america #1

  • @kanuegwu
    @kanuegwu Рік тому +21

    I started investing in the stock market because of dividends. What matters, in my opinion, is that if you invest and earn more money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can pass that on to your children, giving them a head start in life. I've invested over $600k in dividend stocks over the years; I continue to buy more today and will continue to do so until the price lowers even further.

    • @mathebulamkhize876
      @mathebulamkhize876 Рік тому +1

      The issue is people always have the “I want to do it myself mentality” unapologetically, that’s why they get affected amidst crash/recession, most folks aren’t equipped enough during these times hence ideal to seek expert assistance and at first-hand encounter, been pulling off chunky gains since the 2019 corona-outbreak, coupled with the fact we’ve had the longest bull run ever in U.S history before officially falling into a bear market this year June, precisely have accrued $749k in savings with about $300k in portfolio balance thus far.

    • @clintdeck5571
      @clintdeck5571 Рік тому

      I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?

    • @mathebulamkhize876
      @mathebulamkhize876 Рік тому

      " Gary Craig Raymond " is my portfolio-coach, I found him on Bloomberg where he was featured, I looked up his name on the internet. Fortunately I came across his site and reached out to him, you can verify him yourself

    • @clintdeck5571
      @clintdeck5571 Рік тому

      @@mathebulamkhize876
      Thanks, I just googled him I'm really impressed with his credentials. I reached out to him since I need all the assistance I can get.

    • @ZC965Tt
      @ZC965Tt Рік тому

      You even want to pass on your investment to your children, which is a good idea, and you can talk about how you do it in detail

  • @THEOTOCLAN
    @THEOTOCLAN Рік тому +9

    This is why those companies based in India are about to go crazy and are trending upwards.🤔

  • @cybersecurity3905
    @cybersecurity3905 Рік тому +181

    American Dollar seems to be losing the dominance as it refuses to stop printing. It's good for US as they get the interest rates on that, but it's bad for rest of the world. I actually don't want this BRICS dollar to become the worrld reserve currency. Man, I want my Dollars, but looks like rest of the world doesn't.

    • @lcplapiata5501
      @lcplapiata5501 Рік тому

      Bad for the rest of world lol. You're a trillion in debt

    • @AnishTigga836
      @AnishTigga836 Рік тому

      IN FRANCE PEOPLE DONT GIVE A SH*T ABOUT DOLLAR

    • @musestarlight1
      @musestarlight1 Рік тому

      Then why does only backwater 3rd world countries want BRICS 😂

    • @joao2669
      @joao2669 Рік тому +42

      don't worry, i doubt the brics currency will be really used or stay stable. dollar is probably not going anywhere, and if it is, the euro will substitute it

    • @Okay-time
      @Okay-time Рік тому +18

      @@joao2669 I don’t agree, although I hope you are right

  • @bennyhinu
    @bennyhinu Рік тому +33

    If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

  • @drstevej2527
    @drstevej2527 Рік тому +2

    He begins this by listing a group of countries that are either in recession or in decline.

    • @vermouthsavage4750
      @vermouthsavage4750 Рік тому

      Lmao somehow they are gonna figure it out I guess 😂😂😂

  • @armandoruiz8758
    @armandoruiz8758 11 місяців тому +1

    Europe has 50 countries, Asia has 48 countries, Africa has 54 countries, Oceania has 14 countries and America is not a country America is a continent of 35 countries in total. Everyone on the American continent is an American likewise Asia are Asians Africa are Africans and Europe are Europeans

  • @ericjmasters
    @ericjmasters Рік тому +11

    Listen to what he is saying this advice is gold

  • @MagnumEDU
    @MagnumEDU Рік тому +11

    You explain everything incredibly clear and concisely. Thank you

  • @genrev3368
    @genrev3368 Рік тому +11

    That was crystal clear explanation man. 😊

  • @jhenson5168
    @jhenson5168 Рік тому

    Finally, a video or someone is actually talking sense, and not just trying to get clicks. Thank you I subscribed.

  • @naturalhealthresourcecente3485

    There is so many videos from many good professionals who all have something different to say and who have different beliefs. So, in the end it is a guess. I personally invest in Gold and silver since it has the real history for thousands of years. Nothing else really has much of a history. I also invest in some crypto and even some foreign currencies to try to have a diversified portfolio as much as I can. Just in case that is where the value comes from at some point. But I am not saying I am right either.

  • @herbalannie7707
    @herbalannie7707 Рік тому +6

    Everyone has a different strategy. Best of luck to you young man. I'm buying some shiney stuff.

  • @vibrantgoku
    @vibrantgoku Рік тому +17

    Now you see why Trump was getting companies to come back to the states to strengthen the dollar

    • @joao2669
      @joao2669 Рік тому

      you know that this process started during trump's presidency, right ?

  • @b1burck
    @b1burck Рік тому +5

    Pretty sure the Petrodollar was formed in 1974, shortly after Nixon unpegged gold from the dollar

  • @jarred333Boss
    @jarred333Boss Рік тому +1

    I have been telling people what your saying since last year

  • @katfureh3399
    @katfureh3399 Рік тому +1

    Gold is the real money. Not paper. We are returning to the age of Gold & silver as before as the standard

    • @tbj4855
      @tbj4855 Рік тому

      But they’re trying to digitalis it smh

  • @michelmacias8969
    @michelmacias8969 Рік тому +7

    Andrei , thank you I was really worrying, coworkers at work taking about it , but you have the right information...

  • @liverpoolrichie5305
    @liverpoolrichie5305 Рік тому +20

    Andrei! Great video and thanks for the advice. Many people making videos on this issue but not sharing what they are doing investment wise. Cheers my man!

    • @AndreiJikh
      @AndreiJikh  Рік тому +1

      Thank you! It's just what I'm doing which for my age, and my goal, makes sense for me, but it's not objectively the best fit for everyone

    • @benjaminnwafor4786
      @benjaminnwafor4786 Рік тому

      @@AndreiJikh you mean being a youtuber?

  • @RalphMickey
    @RalphMickey Рік тому +62

    Thanks man for making this - I was really starting to get worried that our dollar was going to turn into wall paper really fast. I have even made more than a few financial mistakes because I was in a "spend it or lose it" mindset. I do feel better after seeing this.

    • @xavierjones6852
      @xavierjones6852 Рік тому +4

      It’s hard to not get emotional about these kinds things but you owe it to yourself and family to remain calm but informed so you make better decisions. Peace and blessings be with you

    • @Famous007i
      @Famous007i Рік тому

      it is going to turn into wall paper cuz its a paper without any value. print more, rip yourself. America should suffer for 100 years cuz of what she have done to the planet. Hope Russia will be the punisher. GL!

    • @Patrickmarc2423
      @Patrickmarc2423 Рік тому +7

      Warning he’s full of BS

    • @xtremetech21
      @xtremetech21 Рік тому +7

      do yourself a favor try not watching anymore financial videos for a week and you will feel much better and all the fear will go out the door.

    • @xavierjones6852
      @xavierjones6852 Рік тому

      @@xtremetech21 I’m actually gonna do that. It only cripples you too take action when you consume too much fear porn

  • @J.Paul2023
    @J.Paul2023 Рік тому +1

    No matter what happens in the world, the fact of the matter is that countries will always want our dollar because they love our country and the quality of life we share with others around the world.. Money can't buy imagination! We came up with the internet, we came up with the fax machine! We came up with the best ideas in cars that people can afford to buy, fashion and designs in homes, decor and everything you can think of!.. We have some of the best minds in the world and all those who are ditching the petro-dollar can say what they want but they will always envy the United States and I am not bragging about that because I am a Christian, we do not support the idea of creating envy but we do lead by example of helping those in need when disaster strikes and you don't bite the hand that feeds people so I would not worry too much about our dollar going downhill, however I cant emphasize enough the importance of KEEPING our USA paper dollar because George Washington would be greatly upset if we stopped providing that moral support that our dollar provides to those who value our values!. Thank-you.

  • @georgef1176
    @georgef1176 Рік тому +1

    Gold is the world’s currency period

  • @MustafaRahman-
    @MustafaRahman- Рік тому +5

    Great video....but points to ponder... dollar is losing stability due to high debt to gdp ratio. Higher debt means more money printing required to service those debt. This was not the case prior to 2008. US had healthy debt to gdp ratio. Also, there was no superpower to challenge the dominance of dollar. BRICS countries were not well positioned to create new currency. Today they are and they can easily create gold/commodity backed currency. Finally, Saudi Arab has drifted away from US. They are willing to sell oil in Yuan

  • @raymondblack3553
    @raymondblack3553 Рік тому +10

    Thanks Andrei. I appreciate your content!

  • @sb3985
    @sb3985 Рік тому +21

    I appreciate the research you have done. Great video!

  • @abhaysebastianthekkany3934
    @abhaysebastianthekkany3934 Рік тому +3

    The dedollarization event as you mentioned takes decades to happen and since it has already been talked about since 1975, why can the BRICS alliance not be the catalyst to actually implement this as it’s been talked about for decades now?

  • @ThaHopelessRomantic
    @ThaHopelessRomantic Рік тому +1

    Corruption is why a society's monetary system must be transparent, auditable, and accountable to punishment.

  • @joelmiradora4256
    @joelmiradora4256 Рік тому +4

    There’s no way people can’t give this video a 👍like! As always thanks man

  • @tekinay004
    @tekinay004 Рік тому +17

    One of your best videos. Well done Andrei!

  • @sidehustlefinance
    @sidehustlefinance Рік тому +9

    I head-butted the like button. I was a little disappointed with Adrei about the crypto stuff, I never was a crypto guy. I am over that. He gives SO MUCH VALUE in these videos. Education and entertainment. Thank you Andrei. I just re-subscribed.

    • @AndreiJikh
      @AndreiJikh  Рік тому +4

      Awesome, thanks! Bitcoin and Eth is something I've followed since 2014 and I think it's a viable hedge investment. Even if it's not for everyone, but I don't push anyone to invest in anything

  • @randyyoung8930
    @randyyoung8930 10 місяців тому +1

    The money will never crash because power companies are still going to want thier money, mortgage companies are going to still want their money, excdera, excdera ,

  • @BlandRoamer
    @BlandRoamer Рік тому +20

    Came for the info, stayed to have my fears confirmed, it is time to prepare for the end of the world. But then, it's never *not* time to prepare, so, y'know, it all washes out. Thanks always for the video and the info and now I know why they're called "petro-dollars."

  • @SatenderSingh_08
    @SatenderSingh_08 Рік тому +6

    Thanks, bro to cover the topic!
    He always takes on the fact and reality
    Actuality
    Existence
    Realness
    Truth
    Factuality
    Authenticity
    Tangibility
    Substantiality
    Concreteness
    Materiality
    Objectivity
    Veracity
    Certainty
    Factualness
    Verity
    🇮🇳📈🔥

  • @MadirajuKChaitanya
    @MadirajuKChaitanya Рік тому +4

    Excellent Video. A lot of our questions regarding USD as Global Reserve and other topics are covered in this video.
    Please keep up the good work...👍🙏🙂👏

  • @markell598
    @markell598 7 місяців тому +1

    The buying of US bonds dropped by a lot so there goes the legs beneath the table 😂

  • @johnnychipello919
    @johnnychipello919 9 місяців тому +1

    But if the dollar is not backed by oil..the petrol dollar...its just a worthless piece of paper.

  • @WestCoastSpace
    @WestCoastSpace Рік тому +4

    Thank you so much, I was about to put all my money into the stock market

  • @sbfloydxirxle1440
    @sbfloydxirxle1440 Рік тому +5

    Been waiting on this one so much uncertainty

  • @wuntunda4218
    @wuntunda4218 Рік тому +9

    Keep it up my brother, love them vids

  • @samfr6077
    @samfr6077 Рік тому

    When you are up the only place you can go is down. that has happened to every dynasty, every super power, and every concueror and history will always repeat itself

  • @Donlugo11
    @Donlugo11 Рік тому +3

    Thank you so much for this.. ngl I was panicking abt what to do if this happen but the way u break it down and explain has reassured my worries not I can better plan my finances more because of this

  • @amandahaley6718
    @amandahaley6718 Рік тому +4

    i look forward to seeing you in my notifications! excellent material, as usual.

  • @imkafka9572
    @imkafka9572 Рік тому +7

    Thanks for educating us with great content

  • @BDA1990
    @BDA1990 Рік тому +6

    Paper money should not end

  • @29kalel
    @29kalel Рік тому +1

    2nd reason being that the investing in treasuries makes the dollar a superpower still: All of that would depend on how fast BRICS grows and if investors don’t jump out from those treasury bonds and invest in treasuries elsewhere which could cause the stock market not take a big hit

  • @Private-rm5dy
    @Private-rm5dy Рік тому

    Nobody is talking about getting rid of the dollar, they are talking about countries using their own or other countries currency rather than the dollar simply because the usa enforced the use of dollars through threats and sanctions.

  • @user-dv8bs7tb5c
    @user-dv8bs7tb5c Рік тому +6

    I always love seeing your perspective on things like this because your family immigrated, I feel like you have the not-so-deusional understanding that USD isn't invincible, so I can believe what you say

    • @AndreiJikh
      @AndreiJikh  Рік тому +3

      I don't want anyone to believe in anything. Just giving a balanced point of view and trying to figure it all out myself. I'm not an expert, nor did I ever claim to be, but I appreciate it