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WAR AGAINST US DOLLAR βοΈπΈ
Let's take a brief look at some developments over the last few weeks that points toward it ππ»
π΄ Saudi Arabia considers accepting Chinese Yuan for oil sales
π΄ China and France complete first LNG trade using Yuan
1/n
Let's take a brief look at some developments over the last few weeks that points toward it ππ»
π΄ Saudi Arabia considers accepting Chinese Yuan for oil sales
π΄ China and France complete first LNG trade using Yuan
1/n
π΄Russia considers using the Chinese Yuan as a reserve currency
π΄Saudi Arabia partners with China to build a refinery for 83.7 billion Chinese Yuan ($12.2 billion)
π΄China and Brazil agree to use the Chinese Yuan in cross-border transactions
π΄Saudi Arabia partners with China to build a refinery for 83.7 billion Chinese Yuan ($12.2 billion)
π΄China and Brazil agree to use the Chinese Yuan in cross-border transactions
π΄The percentage of global reserves in U.S. Dollars is down from 72% in 1999 to 59% now.
π΄Saudi Arabia just announced a trade alliance with China, Russia, India, Pakistan, and 4 other Central Asian nations to decrease reliance on the US dollar.
3/n
π΄Saudi Arabia just announced a trade alliance with China, Russia, India, Pakistan, and 4 other Central Asian nations to decrease reliance on the US dollar.
3/n
π΄ High inflation and the banking crisis are putting even more pressure on the USD
π΄ Brazil, Russia, India, China, and South Africa just announced that they are developing a new BRICS currency.
dominance of the US Dollar under serious threat
n/n
#Dedollarisation
π΄ Brazil, Russia, India, China, and South Africa just announced that they are developing a new BRICS currency.
dominance of the US Dollar under serious threat
n/n
#Dedollarisation
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