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China-Russia major alliance comes to fruition - Experts predict dollar has 7 years left

I thought the China-Venezuela alliance was supposed to bring down the dollar.

This is surely going to be a big shock to the US Dollars.


Uganda discovers huge deposits of gold worth 12 Trillion USD​



If US loses war against China in Taiwan, then it would be the end of US Dollar being the World reserve currency.

US will make a deal with China to protect the US dollar in return for China annexing Taiwan.
 
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There are only 2.5 Trillions dollars in circullation.

Surely there is more gold than that in the world.

World currencies could be pegged to the price of basket of commodities.

US dollars survives as Oil is traded exclusively in US Dollars only.

Once that peg is gone, US Dollar loses its crown.


It doesn’t matter. The world economy will still function just fine. There is no law that states any commodity like petroleum must be priced in US dollars. Petroleum could be priced in the Chinese Yuan. There is nothing that prevents it except a preference by buyers and sellers to use US dollars.
 
It doesn’t matter. The world economy will still function just fine. There is no law that states any commodity like petroleum must be priced in US dollars. Petroleum could be priced in the Chinese Yuan. There is nothing that prevents it except a preference by buyers and sellers to use US dollars.
I agree it will be a multipolar trading world which gives other countries more choices instead of the dollar monopoly. China never wanted to take over the world, we wanted a fairer multipolar world. And this is exactly what will happen, the 3nd of US hegemony, not the end of USA perse.

you make it sound like USA is jacking up the price of oil when it is the oil producing countries
Ahhh, let's see, cutting off oil from Iran, Russia and Venezuela, which happens to be the top 5 oil countries on god damn planet earth. What were you saying again?
 
It doesn’t matter. The world economy will still function just fine. There is no law that states any commodity like petroleum must be priced in US dollars. Petroleum could be priced in the Chinese Yuan. There is nothing that prevents it except a preference by buyers and sellers to use US dollars.

There will be regime change in Saudi Arabia, UAE and other OPEC countries if they try to sell their OIL in any other currency or commodity other than US Dollars like it happened in Iraq and Libya.
 
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Yes, USD only have 7 years left. please kindly forward all your USD to me before it turn into toilet paper.

I accept Paypal and Crypto.

:lol: :lol:

Excuse me, I have first dibs on such worthless dollars on PDF for over a decade. :D
 

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