Is This The End Of The US Dollar? | What You NEED To Know
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In today's video, we will discuss a pressing topic of more and more countries starting to rely on the dollar less and less. We will also touch on the petrodollar, Western monetary dominance, and the PetroYuan.
The BRIC countries (Brazil, Russia, India, China, and South Africa) are starting to move away from the dollar.
The BRICs account for 42% of the world's population and are responsible for 31.5% of global GDP. They are expected to contribute over 50% of global GDP by 2030.
Although they are becoming more populous and stronger economically, they have less than 15% of the voting rights within the IMF and The World Bank.
BRICs are trying to challenge the West's influence and also Western monetary dominance since essentially World War II.
This is coupled with Saudi Arabia and China starting to price their oil trade in Yuan instead of the US Dollar.
There is too much to unpack here so please watch the video until the end where you can hear my candid thoughts and how to position yourself.
Please watch until the end and share with a friend!
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⮕ www.wbfuniversity.com
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⏰ Timestamps ⏰:
0:00 - Intro
1:01 - The BRICs
3:36 - US Dollar Dominance Begins
5:42 - The Petrodollar Importance
7:17 - The US Dollar's Uncertain Future
7:49 - Policygenius Spot
9:09 - Ongoing Trends
14:12 - The PetroYuan
16:25 - How To Position Yourself
17:52 - My Thoughts
ABOUT ME 👇
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort to every video that I make. I also believe in complete transparency and open communication with my audience.
Subscribe if you are interested in:
#investing
#personalfinance
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
Видео Is This The End Of The US Dollar? | What You NEED To Know канала Marko - WhiteBoard Finance
🔥 WhiteBoard Finance University - Join My School Here:
⮕ www.wbfuniversity.com
In today's video, we will discuss a pressing topic of more and more countries starting to rely on the dollar less and less. We will also touch on the petrodollar, Western monetary dominance, and the PetroYuan.
The BRIC countries (Brazil, Russia, India, China, and South Africa) are starting to move away from the dollar.
The BRICs account for 42% of the world's population and are responsible for 31.5% of global GDP. They are expected to contribute over 50% of global GDP by 2030.
Although they are becoming more populous and stronger economically, they have less than 15% of the voting rights within the IMF and The World Bank.
BRICs are trying to challenge the West's influence and also Western monetary dominance since essentially World War II.
This is coupled with Saudi Arabia and China starting to price their oil trade in Yuan instead of the US Dollar.
There is too much to unpack here so please watch the video until the end where you can hear my candid thoughts and how to position yourself.
Please watch until the end and share with a friend!
🔥 WhiteBoard Finance University - Join My School Here:
⮕ www.wbfuniversity.com
My FREE M1 Finance Training Video:
⮕ https://whiteboardfinance.com/go/m1-finance-training
My FREE Stock Market For Beginners Guide:
⮕ https://whiteboardfinance.com/go/stockmarket4beginners
GET MY HOME AFFORDABILITY SPREADSHEET HERE:
⮕ https://www.patreon.com/whiteboardfinance
⏰ Timestamps ⏰:
0:00 - Intro
1:01 - The BRICs
3:36 - US Dollar Dominance Begins
5:42 - The Petrodollar Importance
7:17 - The US Dollar's Uncertain Future
7:49 - Policygenius Spot
9:09 - Ongoing Trends
14:12 - The PetroYuan
16:25 - How To Position Yourself
17:52 - My Thoughts
ABOUT ME 👇
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort to every video that I make. I also believe in complete transparency and open communication with my audience.
Subscribe if you are interested in:
#investing
#personalfinance
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
Видео Is This The End Of The US Dollar? | What You NEED To Know канала Marko - WhiteBoard Finance
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12 апреля 2023 г. 23:00:36
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