Yuan Chips Away at Dollar Dominance.

#dollar #geopolitics #currency #china

Today we will look into not only the continuing acceleration of de-dollarization but also a very good example of why other countries have had enough with the US and its allies in the West.

We will look into the case of Juan Guaido and Venezuela.

Juan Guaido, Once Seen By 50 Countries As Venezuelan "President", Lands In US Seeking Refuge: https://www.zerohedge.com/political/juan-guaido-once-seen-50-countries-venezuela-president-lands-us-seeking-refuge

Yuan overtakes dollar to become most-used currency in China's cross-border transactions: https://www.reuters.com/markets/currencies/yuan-overtakes-dollar-become-most-used-currency-chinas-cross-border-transactions-2023-04-26/

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Video chapters:

00:00 Introduction
00:49 How the West messes with other nations' affairs - Juan Guaido and Venezuela
06:24 Why having your country's gold with the Bank of England and New York Fed is a bad idea
07:23 Juan Guaido bites the dust
10:22 Yuan overtakes dollar to become most-used currency in China's cross-border transactions
14:26 Bank of England Chief Economist blames poor people for inflation
17:12 market update

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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