Ep. 1514 De-Dollarization Just Got Real!!!

Published: March 31, 2023, 1:25 a.m.

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Highlights:\\xa0 \\xa0

\\u25cf\\xa0\\xa0\\xa0\\xa0\\xa0 \\u201cIt\\u2019s being widely reported that we are now officially in the midst of de-dollarization trends all around the globe. This is happening! It\\u2019s happening exactly like we talked about it happening in March of last year.\\u201d

\\u25cf\\xa0\\xa0\\xa0\\xa0\\xa0 \\u201cChina and France have just completed their first Yuan-settled liquified natural gas trade, which is being widely seen as the first step towards ending the US dollar for worldwide energy trades.\\u201d

\\u25cf\\xa0\\xa0\\xa0\\xa0\\xa0 \\u201cAll told, the percentage of global reserves in U.S. Dollars has fallen from 72% in 1999 to 59% now.\\u201d

\\u25cf\\xa0\\xa0\\xa0\\xa0\\xa0 \\u201cBoth BRICS (Brazil, Russia, India, China, and South Africa) and SCO (Shanghai Cooperation Organization) are changing the world order economically moving the world more and more away from the Dolts in DC, away from the Demons in Davos, away from the Bullies in Brussels, and are together reawakening a far more conservative, civilizationalist, traditionalist and religious world.\\u201d\\xa0\\xa0

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Timestamps: \\xa0 \\xa0

[01:09] How the crisis in Ukraine is all about defending the liberal world order

[04:26] How that liberal world order is now economically falling apart; 5 examples of the de-dollarization that is happening right now

[07:02] On the rise of BRICS (Brazil, Russia, India, China, and South Africa) and SCO (Shanghai Cooperation Organization)

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