Connect with us

Miscellaneous

Is the dollar era nearing an end? | This World

Published

on



De-dollarisation is trending across the globe. World over, countries are dumping the U.S. Dollar as a currency to engage in trade related transactions. What does this mean? Why is this happening?
Listen in to Vikram Chandra.

#dedollarization #us #WION

About Channel:

WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.

Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
Twitter: https://twitter.com/WIONews

Follow us on Google News for the latest updates

Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps: https://bit.ly/ZeeNewsApps

source

Continue Reading
41 Comments

41 Comments

  1. @ClementRusso2

    February 29, 2024 at 2:49 am

    Three years ago, nobody could have foreseen the current state of the U.S. dollar. The U.S. continues to repeat the same mistakes that have led to the dollar's current situation. As a result, there's no guarantee that the dollar's future will be as bright as it's hoped to be.

  2. @WARLORD8189

    February 29, 2024 at 2:49 am

    WW3 has begun

  3. @franklinkoetea8687

    February 29, 2024 at 2:49 am

    Good

  4. @GEOPOLITICALANALYSIS

    February 29, 2024 at 2:49 am

    This is laughable. Even Russia doesn't want any more of low value Rupees. In what world do you stash worthless paper. US currency is the entirety of world economy valued in USD and denominated in USD. Wake up, BRICS have been talking about de-dollarization for over a decade. Plus, if this happens that means the world is going down the drain with it.

  5. @josetan799

    February 29, 2024 at 2:49 am

    euro is not to challenged the dollar. China will challenge the dollar,because China have trade with all the countries in the world.soo it’s easy to buy and sell to each other. euro is limited to small 🎉

  6. @user-sr8tf3xk4k

    February 29, 2024 at 2:49 am

    Really doubt it

  7. @John777Revelation

    February 29, 2024 at 2:49 am

    ✝✝✝Because Satan rebelled against Yahuah, Satan cannot receive God's Blessing. By USG Sponsored CIA and Satanism / Ba’al, U.S. America Babylon has chosen to rebel against God and can't receive God's Blessings. Satan led Goats Moor Goats P6B8E0 Sow Evil and Reap Book of Jeremiah / Habakkuk Judgments upon USA. The Lord rebuke you, Satan. "19 But I say, Did not Israel know? First Moses saith, I will provoke you to jealousy by them that are no people, and by a foolish nation I will anger you. 20 But Isaiah is very bold, and saith, I was found of them that sought me not; I was made manifest unto them that asked not after me. 21 But to Israel he saith, All day long I have stretched forth my hands unto a disobedient and gainsaying people." (ROMANS 10:19-21) The Perfect Permanent Above All Measure Irreversible Final Blessing Passes to BRICS to the Saving of Billions of People, in Yeshua's name. ✝✝

  8. @WilliamOPearce

    February 29, 2024 at 2:49 am

    The problem with "Economics" as a philosophy. Is it was deliberately written to obscure what is really going on in "Economics". As a result it is obscured that the US Dollar is backed by oil value not gold value thus the term "Petro-Dollar". But the true usefullness of the "Petro-Dollar" is based on if it is a reliable storage of monetary value.

    But that dollar usefullness was blown skyhigh. When the Biden Administration decided to cut Russia out of using the US Dollar for international trade. Making the US Dollar useless as a storage of monetary value. Which caused every nation holding US Dollars as a banking reserve. To realize the wealth held by holding US Dollars as a currency reserve. Could disappear by a stroke of a Presidental Pen in Washington DC.

    As a result China holding over 4 Trillion US Dollars as a currency reserve. Decided to selloff its dollar reserves and hold only dollars it needed for international trade. And all other nations holding US Dollars as a currency reserve decided to do the same.

    Thus the mad scramble to create a international currency trading system not based on the US Dollar. With each nation in a trading partner group. Trying to make its own national currency as a majority trading currency in that group of trading partners. Thus the breakup of the "Petro-Dollar" as a international currency reserve.

    Of all the really stupid decisions of the Biden Administration.

    Destroying the "Petro-Dollar" as reliable storage of monetary value.

    Is the worst decision a US President could make.

    The American Public had the sweetest deal when the US Dollar was Earth's reserve currency. As Earth's productive capacity was supporting the US Dollar. Not what was happening in Washington DC. So the American Public could live well beyond America's productive capacity.

    But Biden blew that sweet currency deal sky-high in his brain-dead war against Russia. And that is what the Economists are trying to obsure now. With deranged gibberish about the realities of Economics.

  9. @Edna825

    February 29, 2024 at 2:49 am

    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

  10. @antonio_g237

    February 29, 2024 at 2:49 am

    Stolen " Presidential elections" have consequences

  11. @noone-zm2rl

    February 29, 2024 at 2:49 am

    MR TRUMP FOR PRESENT 2024 HE WILL SAVE AMERICA AND THE DOLLAR THE WORLD NEEDS THE DOLLAR
    Biden is selling the USA.
    Trump is needed to save the USA

  12. @chillxxx241

    February 29, 2024 at 2:49 am

    India and US just “re-dollarised” after the Modi trip.

  13. @lakshmineuroscience

    February 29, 2024 at 2:49 am

    If not dollar, its gold! Gold is not relic, its alive all time

  14. @fereydoonbesharati7945

    February 29, 2024 at 2:49 am

    This system of BRISC is fantastic system, because one country can not sanction whole word, thanks to Russia , china and Iran , by the way India is the next rising world supper power love India.

  15. @georgemarijanovich

    February 29, 2024 at 2:49 am

    And not too soon.

  16. @user-dw3yf2tt8p

    February 29, 2024 at 2:49 am

    US and allies now try to expand cz they know USD dominant come to an end

  17. @user-dw3yf2tt8p

    February 29, 2024 at 2:49 am

    De- dollarize will help sanctioned countries against US hegemony

  18. @JoseMartinez-vc4yq

    February 29, 2024 at 2:49 am

    So what happened to the Euro?
    My understanding was that our partners EU had come up with the Euro to demise our King Do!

    Even if the Brics come up with their own currency at some point they have to buy the green buck for trade or any other reason. Also let’s keep in mind that the dollar is printed by the largest economy in the world and our economy does not show any sign of slowing down in the near future.

  19. @barok7428

    February 29, 2024 at 2:49 am

    Weird and funny, the end of king dollar..brics create gold as the standard of exchange.. how many countries have so much gold, when there's no more gold what will happen to commodities? Or replacing dollar with yuan… it's just the same, and what is Chinese doing to the rest of countries owing them?😂 Just tunny how do BRICS do this

  20. @telluwide5553

    February 29, 2024 at 2:49 am

    The amount of pie in the sky, wishful thinking, lack of knowledge of how global trade works and just plain idiocy in the comments is astounding. The US Dollar isn't going anywhere, anytime soon. In fact, it's only going to strengthen in the years to come….So go ahead, sell off those dirty greenbacks and invest in Yuan or Rupees LOL!.

    There's a reason why Africa, India and the BRICS are piss poor, corrupt and despotic countries…..Anyone with any brains or wealth in those countries gets their money out as fast as they can to the safety of US treasuries, properties and financial markets or if they can't, they move it to the UK, Europe or some other western 1st world country……Not the other way around….

  21. @telluwide5553

    February 29, 2024 at 2:49 am

    LOL! Same old story….There's nothing to replace the USD, nothing. There's not one currency nor store of value liquid enough, distributed by a government, country or economy powerful enough, with liquid, free and open markets, property rights and rule of law that is the least dependent on foreign trade than the USA. This means every other country has much more to gain by turning on the printing presses than (believe it or not) the USA.

    Every time there's a world crisis, even originating in the US, the Dollar goes up. Every time the Chinese have tried to make their currency freely tradable they've experienced massive amounts of capital flight, especially by their own people…. This was a clickbait story. A big nothing burger…lol…End of story.

  22. @rupasarkar8276

    February 29, 2024 at 2:49 am

    Will USA become a middle income economy in the foreseeable future?

  23. @anywaythatsmywayatlast3807

    February 29, 2024 at 2:49 am

    Wion's Assessment who else. Particularly bizarre

  24. @grahamfrans

    February 29, 2024 at 2:49 am

    The old man down the road 😢😂

  25. @HTeo-og1lg

    February 29, 2024 at 2:49 am

    That is a professor's musing?
    Geez, standard of academia is plumbing the bottom of the barrel these days in some countries of the Western world. Even an engineer like me could debunk his hubris why the de-dollarization is not already on its way. It is beyond the cusp of a trend, but a well-entrenched phenomenon that is unstoppable. The reason is the fact that holding the dollar as your nation's reserves currency subject you to being blackmailed into having to comply to US interests or acceptance of your country's actions and words. If US is upset with your nation's policies/actions/behaviour, the US can confiscate your reserves until you succumbed. Eg. What Russia is experiencing now. I other words, you are no longer a sovereign country, by defiiniton. The World will find a way/method/process to use a non-fiat currency as nation reserves. A "Token" that has INTRINSIC VALUE (pertinently not IOUs), where it is not possible for a country's politician to have a hand in debasing its value by choice. Possible candidates in combinations, like gold, minerals, oil (God's money).

  26. @hkfoo3333

    February 29, 2024 at 2:49 am

    The guest is totally wrong .
    The actual scenerio will be the dollar will NOT be the only reserve currency to be held by all nations.

    When BRICs start to have many more countries, within these countries will more likely to use the Yuan NOT THE DOLLARs .

    As a result it is suicidal for any country including the US and west NOT TO HAVE ready yuan
    if BRICs is going to support the Yuan strongly.

    For the immediate future is the dollar will just be one of many reserve currencies with its share shrink to single digits.

    Once Chinese products are quote ONLY in Yuan or non dollars , the this trend will accelerate

    From then on US cannot simply print money or most countries will dump the dollar . If the dollar is not used in most countries doubtful US can print anymore or the dollar will be dead.

  27. @Pazougoudi

    February 29, 2024 at 2:49 am

    The end of Dollar ist the wish of all the planête, the USA Empire is collapsing, that one means, the all planête will get better life now and quietness , it,s also end of the war and gangsterisme in all over the World, may God Escort this collapsing, to give Everlasting peace in the World

  28. @jojojojo-fj3gu

    February 29, 2024 at 2:49 am

    Now we are seeing how to haseen😢the downfall stop the power of the empire

  29. @jojojojo-fj3gu

    February 29, 2024 at 2:49 am

    Yes the contuation😂of wars makes the dollar the big boss man .

  30. @jojojojo-fj3gu

    February 29, 2024 at 2:49 am

    By the sweat of your…you should eat your own food. Why not make every country money the same value.

  31. @jojojojo-fj3gu

    February 29, 2024 at 2:49 am

    The empire collapse.

  32. @nathanielchukwu391

    February 29, 2024 at 2:49 am

    It's not secret that when it comes to trading profitable Thomas rodriguez is indeed the right man for the job

  33. @edwinmhondera4353

    February 29, 2024 at 2:49 am

    There is too much focus on framing the discussion as replacing the dollar. No one country has set out their goal as that but rather that they are diversifying their away their dependence from the dollar. The discussion should be whether that's a good thing for those countries. The answer is a resounding YES. There are so many angles to this discussion than focusing on replacing the dollar. Let the dollar do its thing and the countries diversify their options. Ultimately the end result is not what exists today and that's a good thing.

  34. @leondonald

    February 29, 2024 at 2:49 am

    BRICS seeks to create a new currency, considering gold's historical role as a store of value and medium of exchange. However, the functionality and acceptance of a gold-backed currency in the current global financial system are uncertain. Creating a new currency requires careful consideration of economic, political, and logistical factors.

  35. @lukefrederick4511

    February 29, 2024 at 2:49 am

    please can this channel stop interview the people from the west ?

  36. @katarinakrajna4911

    February 29, 2024 at 2:49 am

    ÁNO 😂dolár PADNE😂 A dôvod??? Mena ktorá sa roky držala na svetovej scéne podvodom ako aj jej Ekonomika nemôže hrať jedničku "1" a SVET sa nemôže ňou riadiť.
    Nikdy nepodvádzajte vo financiách a v ekonomike!!!

  37. @m.b.nagaraj7666

    February 29, 2024 at 2:49 am

    US Dollar Responsible for Global Poverty and Economic Inequality

  38. @everydaylifeofalejandro

    February 29, 2024 at 2:49 am

    Taking too long to happen. I want it to happen right away. I wanna see America fall right away

  39. @PopsKrispy-ph9de

    February 29, 2024 at 2:49 am

    BRA. , BRI ) BRA 🌸🔁🕸️

  40. @PopsKrispy-ph9de

    February 29, 2024 at 2:49 am

    🦆🛒. (? 🐠 Museum💰 🔁 Museum 💰

  41. @PopsKrispy-ph9de

    February 29, 2024 at 2:49 am

    don't lecture on 🔁 JaisHankar 🙏 🔁 MadHi🙏🔁 Palkieta 🙏🔁🦆

You must be logged in to post a comment Login

Leave a Reply

Miscellaneous

Iran Mocks Trump for ‘Hiding’ in Food Truck at Turkiye After Israel Tip-Off | GRAVITAS

Published

on

By



U.S. President Donald Trump’s confirmation of switching planes in Turkiye has now elicited a flurry of memes from Iran. According to reports, Trump secretly boarded a military jet using a catering truck while departing from the NATO summit.

#trump #donaldtrump #iran #turkey #türkiye #airforceone #trumpiran #iranus #natosummit #trumpnews #geopolitics #usnews #worldnews

About Channel:

WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.

Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Join our WhatsApp Channel: https://bit.ly/455YOQ0
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
Twitter: https://twitter.com/WIONews
Instagram: https://www.instagram.com/wionews/
Follow us on Google News for the latest updates

Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps: https://bit.ly/ZeeNewsApps

source

Continue Reading

Miscellaneous

PoK Violence: Video from PoK Shows Women Protesters Flee During Firing | WION

Published

on

By



Shocking footage has emerged from Pakistan-occupied Kashmir (PoK) showing women protesters frantically fleeing for safety as Pakistani security forces open fire on peaceful demonstrations.

#india #pokviolence #wion

About Channel:

WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.

Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Join our WhatsApp Channel: https://bit.ly/455YOQ0
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
Twitter: https://twitter.com/WIONews
Instagram: https://www.instagram.com/wionews/
Follow us on Google News for the latest updates

Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps: https://bit.ly/ZeeNewsApps

source

Continue Reading

Miscellaneous

Israel-Palestine war: Israel vows ‘mighty vengeance after surprise attack | Latest News | WION

Published

on

By



In this war between Israel and Hamas over 700 people have lost their lives in Israel after the brutal Hamas attack. While at least 400 have died in Israel’s retaliatory strikes in Gaza as the casualties rise the cost of war is also going up our next report will get you a complete picture.

#israel #israelpalestineconflict #gaza

About Channel:

WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.

Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Join our WhatsApp Channel: https://bit.ly/455YOQ0
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
Twitter: https://twitter.com/WIONews

Follow us on Google News for the latest updates

Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps: https://bit.ly/ZeeNewsApps

source

Continue Reading

Miscellaneous

Breaking | Reports: Pirates Hijack 2 Ships with 22 Indians off Yemen & Somalia | WION

Published

on

By



Pirates Hijack Vessels Off Yemen and Somalia: Maritime security forces are responding to a disturbing resurgence of piracy in the Horn of Africa after armed groups seized two commercial vessels in separate attacks. According to reports, a total of 22 Indian nationals are among the captive crew members. The first incident involved the Eritrea-flagged oil products tanker M.T. Sibu 1 (also known as the Seamull), which was boarded by six armed pirates in the Gulf of Aden roughly 30 nautical miles off the Yemeni coast.

#indian #yemen #somalia #gulfofaden #wion

About Channel:

WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.

Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Join our WhatsApp Channel: https://bit.ly/455YOQ0
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
Twitter: https://twitter.com/WIONews
Instagram: https://www.instagram.com/wionews/
Follow us on Google News for the latest updates

Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps: https://bit.ly/ZeeNewsApps

source

Continue Reading

Miscellaneous

DNA LIVE: USS George Washington To Relieve Lincoln | Russian Strikes Kill 1, Injure 15 In Ukraine

Published

on

By



The U.S. Navy is preparing to rotate aircraft carriers in the region as the USS George Washington moves in to relieve the USS Abraham Lincoln. Meanwhile, Russian strikes in Ukraine have killed one person and injured 15 others, adding to the growing toll from Moscow’s continued attacks.

#usa #trump #iranwar #defence #russiaukrainewar #wion

About Channel:

WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.

Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Join our WhatsApp Channel: https://bit.ly/455YOQ0
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
Twitter: https://twitter.com/WIONews
Instagram: https://www.instagram.com/wionews/
Follow us on Google News for the latest updates

Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps: https://bit.ly/ZeeNewsApps

source

Continue Reading

Trending

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.