Lions. World De-Dollarization Is Picking Up Speed, And This Is A MASSIVE Problem For The US.
From Greg M
Lions… This is no secret however, several nations are actively sidestepping the U.S. dollar in international trade and financial agreements with more on the way. This is something that’s part of a larger global de-dollarization trend. This movement is gaining momentum as trust in U.S. fiscal policy and geopolitical influence continues to waver. U.S. Economy & Global Power Balance.
The Ripple Effect: This isn’t just political, it’s economic self-preservation. With rising debt levels, inflationary policies in the U.S., and weaponization of the dollar through sanctions, countries are building parallel systems, and they’re accelerating.
Here are the key players so far.
BRICS Nations (Brazil, Russia, India, China, South Africa)
Russia & China: Leading the charge. Most of their bilateral trade is now conducted in yuan and ruble, not dollars.
India: Using rupees and other currencies in oil and defense deals, especially with Russia and Middle East partners.
Brazil: Recently struck a deal with China to trade in their local currencies.
South Africa: Has voiced support for reducing dollar dependency.
Iran. Already cut out of the SWIFT system, Iran has been using the Chinese yuan, Russian ruble, and barter systems to bypass dollar-based sanctions.
Turkey/ President Erdoğan has advocated for reducing dollar reliance, and Turkey has conducted trade in local currencies with Iran, China, and Russia.
Saudi Arabia. The big one. While still tied to the petrodollar system, recent deals with China to sell oil in yuan and growing ties with BRICS suggest they’re positioning for a post-dollar world.
United Arab Emirates (UAE). Engaged in non-dollar bilateral trade agreements with India and China.
Argentina. Has started paying for Chinese imports in yuan, due to dollar shortages and pressure on their reserves..
Southeast Asia. Nations like Malaysia, Indonesia, and Thailand have discussed local currency settlements and reducing dollar reliance in regional trade.
Africa. Various African nations are negotiating BRICS-backed payment systems and seeking to bypass dollar-denominated debt burdens.
GM
Doge…. The fox guarding the hen house look over here don’t look at us they are robbing the country, blind, and covering everything up. They are the biggest criminal con artist in the history of the world. Destroy America to its knees and bring in the new system of total poverty and chaos
Recency bias allows one to think that something will continue forever be it good or bad. When you have the worlds reserve currency, it is a privilege. Privilege being the key word. When you recklessly abuse that gift it gets removed from you at some point. We are nearing that point now.