Zodlikeproductions
Would you like to react to this message? Create an account in a few clicks or log in to continue.

De-DOLLARization world-wide

Post new topic   Reply to topic

Page 5 of 5 Previous  1, 2, 3, 4, 5

Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Fri Oct 18, 2019 8:06 pm

Böhse Tante wrote:I do not want to discuss it widely, only as info, before it gets deleted too. I'm not an expert on economics and finance, stock market and such, but I found it an interesting view on it.


The Grand Finale Pt. I: Here Is What Is About To Happen To You...An Economic Love Story, or Fifty Shades of Green?

https://www.godlikeproductions.com/forum1/message2231767/pg1

Re: The Grand Finale Pt. II: Behind The Green Door...

https://www.godlikeproductions.com/forum1/message2410016/pg1

The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)

There are only 161 pages left!!!

https://www.godlikeproductions.com/forum1/message2482412/pg1

Somewhere is mentioned one other Part that seems got deleted completely.

Some other threads about the topic:

The Grand Finale: We Are Now Witness To The Death Throes of Fiat! Renewed Relevance Because It's On Like Donkey Kong!!!

https://www.godlikeproductions.com/forum1/message2327919/pg1

Re: The Grand Finale: An Economic Love Story, The Video Series...

https://www.godlikeproductions.com/forum1/message2245475/pg1

Rolling Eyes

Good stuff, reading it ... even though I hate walls of text. So far the author describes profoundly the ending of the economic cycle, the "Peak Debt" ... the difference this time to the years before is going to be this: only the western fiat currencies going into hyperinflation, not the yuan or ruble (backed by gold, resourceful and functioning real economy) IMO Thanks for sharing, Tante.



Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Böhse Tante on Fri Oct 18, 2019 8:28 pm

Yep, he wrote it years ago, and many people laughed about it. You can see what happened since then.

It's not clearly about De-Dollarization but gives a good insight what's the direction of global economics.

Twisted Evil

_________________
Ceterum censeo Imperium Americanum esse delendum.

Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante
Böhse Tante

Posts : 7732
Reputation : 76
Join date : 2019-03-17
Location : Frankfurt am Main

Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Sun Oct 20, 2019 12:10 pm

Russia mulls using yuan & euro instead of US dollar for external loans in 2020
https://on.rt.com/a3o9

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Mon Oct 21, 2019 1:10 pm

Russian Finance Ministry prioritizing ruble borrowing, will consider euros, yuan – Siluanov +de-dollar
Interfax

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Tue Oct 22, 2019 11:11 pm

Zuckerberg will tell Congress that Libra can bring financial services to the world’s 1.7 billion unbanked. And if Libra doesn’t do it, he said, China’s new central-bank crypto will. “The current system is failing them,” Zuckerberg said. “The financial industry is stagnant and there is no digital financial architecture to support the innovation we need. … I understand we’re not the ideal messenger right now. We’ve faced a lot of issues over the past few years, and I’m sure people wish it was anyone but Facebook … the U.S. might lose its “financial leadership” on the world stage if Libra is not allowed to launch, noting that “China is moving quickly to launch similar ideas in the coming months.”
https://www.coindesk.com/facebooks-ceo-defends-libra-says-financial-system-is-failing-users?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Wed Oct 23, 2019 1:16 pm

Banks May Cut Ties With Facebook If Libra Is Launched: ING CEO
https://twitter.com/zerohedge/status/1186930261348487169

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Thu Oct 24, 2019 10:44 pm

the US Federal Reserve announced plans to send up to $60 billion monthly for the purchase of US government debt to finance the budget. This will lead to an excessive infusion of dollars into the global economy," Sechin stated.

Global currency war possible due to weakening national currencies According to Rosneft CEO, this may be triggered by the economic and technological confrontation between the US and China, trade and tariff wars and US sanctions against major oil producers

https://tass.com/economy/1085107

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Sat Oct 26, 2019 3:11 pm

The Non-Aligned Movement (NAM) community of 120 nations has the power to counter and defeat illegitimate US economic and sanctions pressure, Iranian President Hassan Rouhani has said. ... the expansion of state-to-state trade agreements, trade in local currencies, and the use of independent and alternative banking services, as well as cryptocurrencies, could help nations in this regard.
https://sputniknews.com/world/201910261077155517-irans-president-reveals-global-force-which-can-neutralize-us-dollar/?utm_source=https://t.co/1KHLo77omV&utm_medium=short_url&utm_content=AjsQ&utm_campaign=URL_shortening

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Sat Nov 02, 2019 10:31 am

Medvedev backs initiative of switching to payments in national currencies as part of SCO
Medvedev: SCO member states' cooperation reaches new level
Next SCO Heads of Govt Council meeting to take place in India
Interfax

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Thu Nov 14, 2019 8:11 pm

By increasingly funding projects in national currencies BRICS countries will raise their international weight - Putin
Interfax

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Fri Nov 15, 2019 10:51 am

Russia prepared to help Turkey register ruble bond program, timing unclear
Interfax

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Sun Nov 17, 2019 2:39 pm

the central banks of Poland, China and Russia moved to diversify their reserves at the expense of the dollar, buying 374 tonnes of gold in the first half of this year,
The banks bought bullion worth a record $15.7 billion, accounting for one-sixth of total gold demand since the beginning of 2019

as many as twenty European banks are seeking a pan-European payment system to effectively rival theUS’ Visa and Mastercard, as well as technology monopolists like Google and PayPal.

https://sputniknews.com/business/201911171077329797-de-dollarisation-russia-yuan-euro/?utm_source=https://t.co/NrQQKLlkSp&utm_medium=short_url&utm_content=Ax5u&utm_campaign=URL_shortening

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Mon Nov 25, 2019 10:21 pm

China is set to expand its bond market through a record sale of sovereign bonds in dollars ... determination to develop an orderly offshore dollar bond market for Chinese issuers ... and is an important funding source for domestic borrowers.

Dollar bond issuances slid in 2018 following the escalation of the trade war. Despite the further escalation of the trade war in 2019, dollar bond issuances have increased as US treasury yields have fallen.

The record China sale isn't huge relative to some other sovereign issues. Italy sold $7 billion of dollar bonds last month. Argentina sold $9 billion in January 2018.

And it makes sense why China is ramping up its dollar borrowing because once it displaces the dollar as a reserve currency with yuan, it would be cheaper to repay dollar debt as the dollar is crushed into oblivion.

https://www.zerohedge.com/markets/record-breaking-dollar-bond-offering-china-could-be-imminent


Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Mon Nov 25, 2019 10:33 pm

the share of dollars held in global reserves has tumbled from 65.3% in the fourth quarter of 2016 to 61.8% in the second quarter of 2019. Meanwhile, the shares of allocated reserves are becoming more diversified as the euro, yuan, and yen have attained a greater representation in global reserves.

Major oil producers and some of the world’s largest exporters have halted the accumulation of U.S. debt securities. In October 2014, China and Russia signed a three-year ruble-yuan currency swap agreement worth up to $25 billion,

the current situation is unsustainable. You have a growing club of countries — very powerful countries.

Europe wants to do business with Iran. It doesn’t want to be subject to U.S. law for doing business with Iran,

In September 2017, the Russian government approved legislation that made the ruble the main currency of exchange at all Russian seaports. Zimbabwe, Venezuela, and Iran have either diminished their acceptance of the dollar or have refused it entirely. Germany has requested a new independent payment system, suggesting that it wants alternatives to the buck.

central banks have revealed their consternation as of late. According to the World Gold Council (WGC), central banks have purchased an all-time high of 375 tons of gold this year (so far). ... only account for one-fifth of the total global gold demand,

https://www.libertynation.com/will-the-global-de-dollarization-collapse-the-greenback/

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Wed Nov 27, 2019 6:03 pm

BRICS Nations Discuss Shared Crypto To Break Away From USD And SWIFT

Chinese have been researching the possibility of issuing a gold-backed token due to the country’s access to natural mineral reserves in Africa through China’s Belt and Road Initiative

what is new here is the willingness to enact it and for evidence of this there is absolute clarity. Trump has made transparent the long established use of the financial instrument of the dollar to pressurise Iran, Russia, China, etc for non-financial gain.

Chinese authorities are interested not only in the development of a unified cryptocurrency for settlements with BRICS countries but also in the launch of a national cryptocurrency that would serve as a shield against the economic adversary

Chinese analysts fear that the development of a global digital currency by a company, which is regarded to have strong affiliations with the U.S., would threaten the existence of national currencies and weaken their exchange rates. Such a stablecoin backed by the U.S. dollar may increase the power of its penetration into the global economy and thus solidify the political positions of Washington.

it could be tied to the value of another cryptocurrency, she told Russian media outlet Dp, “but in this case, it’s impossible to avoid either the continuation of the U.S. dollar’s ​​monopoly,” or it can be pegged to the price of a raw material or a good, but then the risk of market manipulation becomes a threat. She concluded: “The third option is a link to gold, and taking into account the latest Basel Accords, such a decision seems very convincing and timely."

https://cointelegraph.com/news/brics-nations-discuss-shared-crypto-to-break-away-from-usd-and-swift


Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Thu Nov 28, 2019 3:18 pm

Venezuela offers to pay companies in yuan as workaround to US sanctions – report
https://twitter.com/SputnikInt/status/1200012711540580352

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Thu Nov 28, 2019 3:21 pm

UK first European country to adopt Russia's Mir payment scheme, more set to follow
https://twitter.com/SputnikInt/status/1200005161772572672

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by KneelB4Zod! on Sun Dec 08, 2019 12:15 am


_________________
"This is not a new world, it is simply an extension of what began in the old one. It has patterned itself after every dictator who has ever planted the ripping imprint of a boot on the pages of history since the beginning of time. It has refinements, technological advances, and a more sophisticated approach to the destruction of human freedom. But like every one of the super-states that preceded it, it has one iron rule: logic is an enemy and truth is a menace." - "The Obsolete Man" - The Twilight Zone, 1961

"I assure you, ladies and gentlemen that, very soon history will show that we and our allies have fought a war on behalf of the whole world against terrorism supported by governments that will be held accountable by its own people..."
Quoting Dostoyevsky:
"Rest assured, hell is big enough for all. It doesn't deserve this fierce competition over who will be the worst." - Dr. Bashar Jaafari, UNSC session, 22nd of February, 2018
KneelB4Zod!
KneelB4Zod!
Admin

Posts : 48908
Reputation : 159
Join date : 2018-05-17
Age : 40
Location : Krypton

http://zodlikeproductions.forumotion.com

Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by KneelB4Zod! on Thu Dec 12, 2019 10:04 am

Russian Market
@russian_market
·
12m
Russia may consider cutting US dollars in Wealth Fund this year: TASS

_________________
"This is not a new world, it is simply an extension of what began in the old one. It has patterned itself after every dictator who has ever planted the ripping imprint of a boot on the pages of history since the beginning of time. It has refinements, technological advances, and a more sophisticated approach to the destruction of human freedom. But like every one of the super-states that preceded it, it has one iron rule: logic is an enemy and truth is a menace." - "The Obsolete Man" - The Twilight Zone, 1961

"I assure you, ladies and gentlemen that, very soon history will show that we and our allies have fought a war on behalf of the whole world against terrorism supported by governments that will be held accountable by its own people..."
Quoting Dostoyevsky:
"Rest assured, hell is big enough for all. It doesn't deserve this fierce competition over who will be the worst." - Dr. Bashar Jaafari, UNSC session, 22nd of February, 2018
KneelB4Zod!
KneelB4Zod!
Admin

Posts : 48908
Reputation : 159
Join date : 2018-05-17
Age : 40
Location : Krypton

http://zodlikeproductions.forumotion.com

Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Böhse Tante on Fri Dec 13, 2019 6:26 pm

Here I found an older text (2008) about the importance of the Petro-Dollar:

https://www.hintergrund.de/wirtschaft/finanzwelt/finanzpolitische-hintergruende-der-aktuellen-geopolitik/

And there is the important background knowledge what the aggression against Russia, China, Iran, Venezuela and others really is about. But also, why the USA can survive as import-champion, and the dangers of the de-dollarization for the USA. Because their whole economy and militarisation depends on the Petro-Dollar and the control of the financial markets.

It's a longer text in German, but the best and shortest analysis I've ever got. Methinks it's too long to put the translation here. 

Cool

_________________
Ceterum censeo Imperium Americanum esse delendum.

Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante
Böhse Tante

Posts : 7732
Reputation : 76
Join date : 2019-03-17
Location : Frankfurt am Main

Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Wed Jan 15, 2020 11:00 am

"We consider that de-pegging from the dollar in mutual settlements is an objective response to the unpredictability of the U.S. economic policy and the outright abuse by Washington of the dollar's status as a world reserve currency," Lavrov said.

Together with our main partners,
..China and Turkey
... Within BRICS
...including India,

The agreement on a free trade zone between the Eurasian Economic Union and India which is currently being negotiated should also contribute to this,"

http://www.interfax.com/newsinf.asp?pg=3&id=947704

Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Böhse Tante on Mon Jan 20, 2020 3:53 pm


_________________
Ceterum censeo Imperium Americanum esse delendum.

Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante
Böhse Tante

Posts : 7732
Reputation : 76
Join date : 2019-03-17
Location : Frankfurt am Main

Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Böhse Tante on Thu Feb 13, 2020 6:39 pm



Wait, WOT, if you leave out the dollar the economy is improving? 

Twisted Evil

_________________
Ceterum censeo Imperium Americanum esse delendum.

Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante
Böhse Tante

Posts : 7732
Reputation : 76
Join date : 2019-03-17
Location : Frankfurt am Main

Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Böhse Tante on Wed Feb 19, 2020 9:25 pm


_________________
Ceterum censeo Imperium Americanum esse delendum.

Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante
Böhse Tante

Posts : 7732
Reputation : 76
Join date : 2019-03-17
Location : Frankfurt am Main

Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by KneelB4Zod! on Tue Mar 10, 2020 6:35 am

RT
@RT_com
·
6h
Oil price war will expedite the end of petrodollar & rise of Chinese-Russian currency– RT’s Max Keiser

#oilwar

https://on.rt.com/acg3

_________________
"This is not a new world, it is simply an extension of what began in the old one. It has patterned itself after every dictator who has ever planted the ripping imprint of a boot on the pages of history since the beginning of time. It has refinements, technological advances, and a more sophisticated approach to the destruction of human freedom. But like every one of the super-states that preceded it, it has one iron rule: logic is an enemy and truth is a menace." - "The Obsolete Man" - The Twilight Zone, 1961

"I assure you, ladies and gentlemen that, very soon history will show that we and our allies have fought a war on behalf of the whole world against terrorism supported by governments that will be held accountable by its own people..."
Quoting Dostoyevsky:
"Rest assured, hell is big enough for all. It doesn't deserve this fierce competition over who will be the worst." - Dr. Bashar Jaafari, UNSC session, 22nd of February, 2018
KneelB4Zod!
KneelB4Zod!
Admin

Posts : 48908
Reputation : 159
Join date : 2018-05-17
Age : 40
Location : Krypton

http://zodlikeproductions.forumotion.com

Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Böhse Tante on Tue Mar 10, 2020 2:16 pm


_________________
Ceterum censeo Imperium Americanum esse delendum.

Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante
Böhse Tante

Posts : 7732
Reputation : 76
Join date : 2019-03-17
Location : Frankfurt am Main

Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Böhse Tante on Sun Mar 15, 2020 1:59 am


_________________
Ceterum censeo Imperium Americanum esse delendum.

Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante
Böhse Tante

Posts : 7732
Reputation : 76
Join date : 2019-03-17
Location : Frankfurt am Main

Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Fri Jun 19, 2020 4:19 pm

the chairman of the China Banking and Insurance Regulatory Commission delivered a strong warning on the U.S. currency this week:

A. The Fed is the de facto central bank of the world. When its policy targets its own economy without considering the spillover effect, the Fed is “very likely to overdraft the credit of the dollar and the U.S.”
B. The pandemic may persist for a long period of time, and countries keep throwing money at the problem with a diminished impact. “It is recommended that you think twice and reserve some policy space for the future.”
C. There is no free lunch. Watch out for inflation.
D. Financial markets are disconnected from the real economy, and such distortions are “unprecedented.” It’s going to be “really painful,” when the policy withdrawal starts.

“Some people say: ‘Domestic debt is not debt, but external debt is debt. For the United States, even external debt is not debt. This seems to have been the case for quite some time in the past, but can it really last for a long time in the future?”

https://www.zerohedge.com/markets/beijing-sounds-alarm-about-dollars-reserve-status


Slovák
Guest


Back to top Go down

De-DOLLARization world-wide - Page 5 Empty Re: De-DOLLARization world-wide

Post by Slovák on Thu Jun 25, 2020 1:26 pm

China, Russia bracing for SWIFT Iran-scenario embargo

Chinese officials have announced that Beijing should start really getting ready for this.
SWIFT is itself absolutely against these sanctions since the payment system could lose a huge number of clients because a contract on connecting to SWIFT is signed with each bank separately, not the country,

https://tass.com/pressreview/1171389

Slovák
Guest


Back to top Go down

Page 5 of 5 Previous  1, 2, 3, 4, 5

Back to top


 
Permissions in this forum:
You can reply to topics in this forum