China and Russia Announce New Global Reserve Currency

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China and Russia recently announced that they're going to be launcing a new global reserve currency.

They're going to be jointly working together to create a new international reserve currency to replace the U.S Dollar.

Links mentioned:
▶ https://www.npr.org/2022/06/17/1105896419/russia-putin-speech-sanctions
▶ https://news.bitcoin.com/targeting-the-us-dollars-hegemony-russia-china-and-brics-nations-plan-to-craft-a-new-international-reserve-currency/
▶ https://quoththeraven.substack.com/p/russia-and-china-officially-announce?r=9lrlz&utm_medium=ios

Timecodes
0:00 Video Overview
0:28 Intro
0:36 Sponsor: Swan Bitcoin
1:29 China and Russia Working on New Global Currency
4:19 Dollar on the Edge of Failure
6:10 Possible Competors of the New Global Currency
9:04 Outro

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#China #Russia #CBDC