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

[Abdul Rehman Majeed]

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.

 

[kingQamaR]

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.

 

[nahtanbob]

Then better stop the war matey. I see rednecks rising mate.

you make it sound like USA is jacking up the price of oil when it is the oil producing countries

 

[Han Patriot]

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?

 

[Abdul Rehman Majeed]

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.

 

[VCheng]

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.

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

 

[retaxis]

US dollar will last as long as US demographics remains white majority. When US becomes minority majority country like Brazil, then the country is finished.

https://www.fastcompany.com/90450018/how-the-end-of-the-white-majority-could-change-office-dynamics-in-2040

 

[jhungary]

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

Well, there are enough for both of us.......lol

 

[VCheng]

US dollar will last as long as US demographics remains white majority. When US becomes minority majority country like Brazil, then the country is finished.

https://www.fastcompany.com/90450018/how-the-end-of-the-white-majority-could-change-office-dynamics-in-2040

Why? Is it only the whites that keep the dollar alive?

Well, there are enough for both of us.......lol

And if we ever run short, we can always print some more!

 

[jamal18]

OP: That long?

 

[Abdul Rehman Majeed]

US dollar will last as long as US demographics remains white majority. When US becomes minority majority country like Brazil, then the country is finished.

https://www.fastcompany.com/90450018/how-the-end-of-the-white-majority-could-change-office-dynamics-in-2040

Curretly Whites make up only 66%. They will become a minority by 2035.

 

[Yongpeng Sun-Tastaufen]

Curretly Whites make up only 66%. They will become a minority by 2035.

Whites are 55% if Hispanics are not counted.

 

[Abdul Rehman Majeed]

Whites are 55% if Hispanics are not counted.

Hispanics are 30%.

If you discounted them Whites are already a minority.

Hispanics and Blacks make up 50% of the US population.

 

[Yongpeng Sun-Tastaufen]

Hispanics are 30%.

If you discounted them Whites are already a minority.

Hispanics and Blacks make up 50% of the US population.

Hispanics are not White. Hispanics are mostly Aztec or mestizo.

 

[Abdul Rehman Majeed]

Hispanics are not White. Hispanics are mostly Aztec or mestizo.

There are White Hispanics and Asian/Native Hispanics.

Bush familiy has ties to White Hispanic leaders in Mexico.