The USA's belief is that the US$ hegemony is now so
integrated into the global economy, nothing is going to dethrone it. Let
us hope they keep believing in it and let BRICS carry on its mission
uninterrupted.
On the contrary, Trump is beginning to realize
the consequences with his 100% tariff threat against countries joining
de-dollarization. The democrats have kept their paranoia and insecurity
under wraps so far, with neither Biden nor Harris touching on it. They
obviously think that it is a sign of weakness to admit the reality.
The
USA turning a blind eye was a blessing in disguise for China's rise
over the last three decades, thanks to the fight against terrorism that
diverted the USA's attention. China's rise was never an issue, until the
middle of the last decade. It was a frantic move by the USA to try to
keep China down with trade wars, creating chaos in Hong Kong and
Xinjiang, hyping up China's move against Taiwan, and China's South China
Sea expansion.
Anti-de-dollarization is going to be the modus
operandi of the USA and the West going forward, which is going to
fast-track de-dollarization more than trying to sabotage it.
Anonymous
5 comments:
The second Trump Presidency will all be about taking out Iran and countering China. Tackling internal problems are not on the agenda.
The first Trump Presidency was all about taking out North Korea and countering China. Tackling internal problems were also not on the agenda.
The tariffs war will fast track the de-dollarization moves. When countries are threatened by Trump's tariffs, do you think they will just let Trump slap them on one cheek and turn the other cheek for the USA to slap?
They now have an alternative and that is joining BRICS countries to continue trade without needing to export to the USA and face the tariffs. Common sense will keep things in perspective. And that is going to hasten de-dollarization, whether the USA like it or not. As more trade is carried out among BRICS countries, less is going to be denominated in US$. This is the reality.
There is no stopping de-dollarization. It will only be a matter of whether it will be fast or gradual, nothing mysterious about it.
De-dedollarization ?
Saudi Arabia’s Crown Prince Mohammed bin Salman called US President-elect Donald Trump on Wednesday to congratulate him on winning the presidential election, according to Saudi state news agency SPA.
Hi Anon 12.05
Many of these Hypocrites whose arse been screwed too deeply by their White Masters are too afraid to lose their Wealth and also Powers.
Once pulled up if they were to change positions then the bled would killed them.
Likewise Sinking Land
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