Dollar divorce: Emerging markets seek alternatives to US currency • FRANCE 24 English 

When Saudi Arabia starts accepting non-US currency for for their petroleum exports things will get interesting.

Very insightful video!! I do not want to repeat the same mistakes I made last year. This year I will like to invest my social security and participate in great opportunities, to help me me prepare for retirement. please can someone share long-term investment ideas?

Presenter said at one point that emerging markets are de-dollarising their economy. De-dollarising for cross-border trade ex-USA is not the same as de-dollarising one's economy.

Weaponizing the dollar and endless printing are killing it.

All this talk caused me to educate myself on currency better. It’s unlikely that another currency will replace the dollar soon since it is the most flexible and transparent. But the use of more currencies depending on which serve the best at times when the dollar or euro are too strong may become the norm.

As a person from the Global South: instead of thanking us for using dollars as trade/reserve currency, the US even sanctions us from time to time; worse, they print money to spend, resulting in pushing inflation elsewhere (out of America); worse worse, FED increases interest rate to solve America problem at the expense of others (the Global South has to increase their rate accordingly; if not, capital flies out of the country). High interest rate leads to slowing down the economy. The US has reasons to do that for their own economy; but the Global South has to take collateral damage with their own economies. It's totally a very unfair system.

The 3 rating agencies are either US or Uk basis. They are biased and have a much favorable rating on their own countries.

Weaponized US dollars, ceased foreign countries reserve and private assets, scared the global south. The sky is the limit kind of printing of US dollars and too expensive for emergent markets to buy US dollars are other reasons. De-risking is the trend of global south.

Is not about de dollarisation its about de risking with the US sanctions. Besides why would we use USD if i want to trade with china??? I prefer yuan if i want to buy chinese goods right

get rid dollar is very diffcult, mroe likely the commodities producers form group like Opec to set price.

Really enjoyed this video.

In 1987, my last year in high school, my history teacher told us that he believed in a couple of decades, the Yen would replace the dollar. Few days later, Newsweek has an article “Your Next Boss May Be Japanese”….Well, 4 decades later, nọt much change.

it ain’t about how realistic is the #dedollarization it’s about how soon the #dollars will fall

The US is forcing countries to de-dollarize with its indiscriminate sanctions and unfettered money printing.....It is no longer a question of whether it is possible but rather, how fast?

As an American, I think the end of dollar domination would be good for the US and the world in general. Currently, dollar dominance is enabling all kinds of irresponsible and reckless behaviors by US politicians. Dollar being one of many prevailing currencies will ballast any catastrophic financial event in one part of the world, and will make US politicians think twice before enacting irresponsible short-sighted policies.

Sanction sounds cool while it still works...

is it sunset of dollar?

8:50 rating of bonds

Please do! It is tiresome having the dollar tied to so many soon-to-fail economies.

I Mistakenly touched Chelsea Jersey but I immediately washed my hands with detergent and asked God for forgiveness

The dollar has and continues to work extremely well as the world's reserve currency. And a lot of countries got rich with the dollar as the world's reserve currency, especially those who are bellyaching the most about it now. This move off of the dollar has been precipitated by the fact that the US froze billionaire Russian oligarch assets. Nobody cared when the US put sanctions on Venezuela, Iran, Cuba, etc, but messing with billionaire money is serious. Not surprising that the Saudi Arabia billionaires are the ones squawking the loudest about how the US is now out of control about sanctions. Of course they are! These disgruntled billionaires need to tread lightly because if they actually succeed in getting a large swath of the world to de-dollarize, it will plunge the world into a global recession that will be impossible to get out of. The reason is that the dollar has worked exceptionally well in fueling globalization and whatever they try to replace it with won't - guaranteed.

July we put all the country but for travelers only. But the traders eny money frm eny local country cnt work to other stay to yhair currency. They mk disition without concern to the world government. If they didn't follow the fed. Enytime they stop trade yo everywhere. That's final

"De-dollarization", is going to be a long run.

EU does not really need Dollar Dominance for anything. Euro is in many ways more viable than the dollar. American politics and financial leadership is endless chaos.

The Doller was a sanction currency, so is the way the Euro is going and soon the Euro will fallow.

I don't think dollar can be totally removed . Its still holds a strong influence in global trade .. . De- dollarisation would help world to have secure trusted currency for them and a balance alternative .....But most possibly Africa South America Asia leaving few like Japan's South Korean Phillipines rest of the world would definitely go for de dollarisation even few nato member's shown intrest...... That show's Dollar's influence will go low except Europe and Australia dollar won't be able to allure other's. De - dollaristaion is inevitable only suspense here is what it going to be .......

countries in collapse have gone to the dollar for a reason. nice try though France 24 Brazil? really... lol.

EU and US Allies like Australia and Japan should support the US regardless, ? Sell Gold and buy Dollars? Financial Super power?

Tucker Carlson talked about this reserve currency disaster week after week, then they fired him 😂 🤷🏻‍♂️

There can be no alternative to the US dollar. Why would take a book to cover all aspects. But let's just take the "Chinese yuan"... You're "problem" here is the wealthy Chinese...bet ya didn't see that one coming. You might keep your "raining day fund in your local bank"... Wealthy Chinese people know better... and keep it in the wardrobe....literally. (they also buy unusable property for some inexplicable reason) They would love to do what you do and put it in a "Western Bank" But they can't take it legally out of the country. That would have to change if China wants "reserve" status for the yuan. Do that and trillions of yuan would leave the country the next day... So don't be holding your breath there...

america's rating should be C minus minus

Okay sure, but is there a reason he put his camera up his own nose? Is it a laptop camera? He has books behind him, stack some books and put the laptop on them

Instead of repeating one loners and prepared statements it would be more interesinng in presenting some facts

Competition is always good. Force the USA to think twice before sanctions are applied because illegal immigration is one of the consequences...ask England & Italy.

I'm moving my money to gold and btc. U.S. dollar might as well be toilet paper at this point

These 3 CREDIT RATING firms, Moody's, S&P and Fitch are legacies of a bygone era. They have down graded Russia and South Africa. It's time for these colonial relics to come after India and China. New movie, WEST vs REST!

where is this guy getting his numbers 90% in all transaction?

I thank Dr Ofenmu on RU-vid for your perfect and honest work. You were able to restore my health and sex life with the help of your Roots Herbs. I pray that God will give you more wisdom to continue your perfect works to help others as you have helped me.

This is a smart move by countries, as any economic shockwaves in the West will have less of an impact on the global stage

Let's see. The Yuan is pegged to the dollar. Good luck.

Tank the US dollar.

Lula is a sellout Good luck with your wish I don’t even know or care what the Brazilian currency is

Thanks Biden.

Avoid it like leprosy.

. . . about time.

Domino efec start from rusia

Let's go Brandon ! Come on man !

A merica warns Africa of b r I. .

Heeee USA beaten ...

In other words its time to pass the crown to another stronger country. Nothing wrong. Things evolve and change.

As per Bible prophecy.

A substitute currency for US dollars would simply mean weaker America, a process of being cut gradually from limbs or wings, US can not survive such major change 🧐

Wishful thinking.

Ok people listen up. Here what going to happen a lot regional powers are going to try to get you use their currency. But many of you will realize that if you that you going give control of your monetary policy over to countries Russia, Turkey, China and India which will try to use to their advantage. You start using the US dollar more not less because you want to maintain your own independence away from these regional powers.

brics is not an alliance.

Jai Hinduja. Everyone will love Digital Rupees.