Posted by qqq47660 > 2023-06-02 23:38 | Report Abuse

The world is calling for a multipolar world system which could be configured with a different financial system. A de-dollarized multipolar currency system seems to be emerging. What will be the beginning of the end of dollar dominance in the world? Today, we have Pepe Escobar, a journalist, author and geopolitical analyst from Brazil to share with us his view on configuring a multipolarity world.

Posted by qqq47660 > 2023-06-02 23:39 | Report Abuse

next 2 years?

Posted by IDQWE001 > 2023-06-03 00:27 | Report Abuse

20 years fake news like rubbish.

Posted by FortuneBull777 > 2023-06-03 02:56 | Report Abuse

I mean, Biden administration printed trillion of US dollar which inflated global inflation! Initially i thought it was because of oil price but no, it's the US dollar!
US dollar is getting to be nuisance nowadays! Sure, dollar is dominant currency in global trade but eventually many nations will get so fed up been controlled by this tiny group of white people!
US dollar is nothing more than a scam! The sooner we get rid of it the better!

Posted by IDQWE001 > 2023-06-03 07:22 | Report Abuse

US job report continuing top expectation and its AI technology will boost next decades world economy, US dollar will not become rubbish.

Posted by speakup > 2023-06-03 12:49 | Report Abuse

because the US can simply simply just print money to pay off debts, the US$ has become rubbish, toilet paper!

Posted by qqq47660 > 2023-06-03 14:00 | Report Abuse

d by IDQWE001 > 5 hours ago | Report Abuse

US job report continuing top expectation and its AI technology will boost next decades world economy, US dollar will not become rubbish.

==========


these are stock market responses to daily movements in stock prices. Has no meaning after 24 hours.

Posted by qqq47660 > 2023-06-03 14:03 | Report Abuse

as Pepe Escobar puts it, just a few months ago , people think de dollarization may happen some time in the far future, after 2030, after 2040, but events of recent months suggest de dollarisation may happen in 2-3 years.

Posted by qqq47660 > 2023-06-03 14:11 | Report Abuse

Posted by speakup > 1 hour ago | Report Abuse

because the US can simply simply just print money to pay off debts, the US$ has become rubbish, toilet paper!

======================================


I give u one statistic. In last 20 years GDP of USA from $ 10 trillion to $25 trillion. America government borrowings from $6 trillion to $ 31 trillion. where did the money go to? high speed train? infrastructure? education? health? or wars?

in the same period , in China the increase in GDP went to change China and half the world including Africa and BRI. ...and world class infrastructures other cannot even imagine. went to poverty reduction and went to benefit the people.

Posted by qqq47660 > 2023-06-03 14:21 | Report Abuse

maximum chaos comes at the end of every era and if they is changes in the USD era, u will see maximum chaos at the end of USD era. That means a period of high inflation, high interest rates , instability ................................ and drastic drop in the standard of living of americans.

Posted by IDQWE001 > 2023-06-03 17:25 | Report Abuse

many CCP jokers claimed that US dollar will become toilet paper after the debt ceiling issue this year, now those jokers repeat those rubbish again.

Posted by IDQWE001 > 2023-06-03 17:27 | Report Abuse

US debts 120% of GDP compared with CCP 280% of GDP. This reflected in the currency exchange RMB dropped from 6.3 to 7.1. Which currency is stronger ?

Posted by IDQWE001 > 2023-06-03 17:32 | Report Abuse

Money Supply M2 in China increased 12.4% year-on-year to 280850 CNY Billion in April of 2023, lower than a 12.7% rise in March and forecasts of a 12.5% increase. source: People's Bank of China.

Which country is printing money now ?

Posted by qqq47660 > 2023-06-03 20:43 | Report Abuse

America got inflation...China no inflation.....

Posted by qqq47660 > 2023-06-03 20:45 | Report Abuse

Much of the world inflation is caused by America.

While trade with China keeps prices down

Posted by qqq47660 > 2023-06-03 20:57 | Report Abuse

America propaganda no logic just lies and use of force

Posted by IDQWE001 > 2023-06-03 22:19 | Report Abuse

CCP hardcore supporter has no standard when we talk about AI technology and not talk about stock market. Go download ChatGPT to experience the power of AI.

Posted by IDQWE001 > 2023-06-03 22:21 | Report Abuse

CCP deflation due to 3 years lock down property bubble burst, housing loan default and jobless it is worse than inflation. Home owners become negative assets.

Posted by qqq47660 > 2023-06-03 22:39 | Report Abuse

No inflation means there is policy flexibility. Fighting high interest rates and inflation means no flexibility

Posted by qqq47660 > 2023-06-03 22:40 | Report Abuse

Socialism with Chinese characteristics means the people come first

Posted by qqq47660 > 2023-06-03 22:41 | Report Abuse

It's important to keep inflation under control

Posted by qqq47660 > 2023-06-03 22:42 | Report Abuse

In America, all the wealth of the country goes to the 1%. The other 99% become tent city

Posted by FortuneBull777 > 2023-06-03 22:48 | Report Abuse

Posted by qqq47660 > Jun 3, 2023 10:42 PM | Report Abuse

In America, all the wealth of the country goes to the 1%. The other 99% become tent city

Answer : So true! And poor americans buy their tent from China!

Posted by qqq47660 > 2023-06-03 22:49 | Report Abuse

Whether it is China Japan Korea or Taiwan, they all want to be like Singapore....not America. All are Confucian countries where education and prosperity and good governance is number one

Posted by qqq47660 > 2023-06-03 22:49 | Report Abuse

Yeah, made in China tents

Posted by qqq47660 > 2023-06-03 22:54 | Report Abuse

I give u one statistic. In last 20 years GDP of USA from $ 10 trillion to $25 trillion. America government borrowings from $6 trillion to $ 31 trillion. where did the money go to? high speed train? infrastructure? education? health? or wars?

in the same period , in China the increase in GDP went to change China and half the world including Africa and BRI. ...and world class infrastructures other cannot even imagine. went to poverty reduction and went to benefit the people.

Posted by qqq47660 > 2023-06-03 22:57 | Report Abuse

Look at western media and idq...all they do is give misinformation

Posted by qqq47660 > 2023-06-03 22:59 | Report Abuse

America has spend all their money on wars...that is how all empires decline.....

Posted by qqq47660 > 2023-06-03 23:08 | Report Abuse

China controls key technologies to fight climate change....solar, wind, ev, batteries, infrastructure, rare earths, hsr, .....this is no accident. This is good vision and good implementation

Posted by qqq47660 > 2023-06-03 23:36 | Report Abuse

Dedollarisation is the desire of the global south where 85% of people live.....let's see how it goes.

Posted by FortuneBull777 > 2023-06-04 01:32 | Report Abuse

Well Qqq! Hate to disappoint you but China is suffering from deflation at the moment! I am not sure if you know but the unemployment crisis in China at the moment is very very very severe!
Factories are closing down left and right! This year alone, almost one million factories have close shop for good!
The situation is China is bad to put it mildly! But the EV industry is quite good due to overwhelming demand to switch to much cheaper maintenance cost of EV!
Supply chain is moving out of China and it's not coming back! So we are witnessing the end of China as factory of the world!

Posted by qqq47660 > 2023-06-04 07:28 | Report Abuse

Dream on.....this is what biden wants to do to China but fails

Posted by qqq47660 > 2023-06-04 07:29 | Report Abuse

It's too late...20 years ago America can stop China now too late

Posted by IDQWE001 > 2023-06-04 08:41 | Report Abuse

G7 Leaders’ Statement on Economic Resilience and Economic Security

Fostering mutually beneficial partnerships and supporting resilient and sustainable value chains remains our priority to reduce risk both for our economies, as well as globally, and ensure sustainable development for all. Recent events have highlighted vulnerabilities in economies around the world to natural disasters, pandemics, geopolitical tensions and coercion. Recalling our commitment from the 2022 G7 Elmau Summit, we are taking additional steps today to enhance our ongoing strategic coordination on economic resilience and economic security by reducing vulnerabilities and countering malign practices that exploit and reinforce them. This complements the corresponding steps we are taking to enhance supply chain resilience as laid out in the G7 Clean Energy Economy Action Plan. We underline the importance of cooperating both within the G7 as well as with all our partners to enhance global economic resilience, including by supporting a more significant role for low and middle-income countries in supply chains in a way that also promotes their diversification and local value creation and benefits local workers and communities everywhere. We will address non-market policies and practices designed to reinforce dependencies, and will counter economic coercion. We will continue to ensure that the clearly defined, narrow set of sensitive technologies that are crucial for national security or could threaten international peace and security are appropriately controlled, without unduly impacting broader trade in technology. We affirm that our cooperation to strengthen economic resilience and economic security will be rooted in maintaining and improving a well-functioning international rules-based system, in particular the multilateral trading system with the WTO at its core. To these ends, we will work and coordinate through the G7 framework to make year-on-year progress in a holistic manner.

Posted by qqq47660 > 2023-06-04 10:21 | Report Abuse

G7? G7 smaller than Brics and far smaller than Brics+ which will have 30 members soon

Posted by qqq47660 > 2023-06-04 10:22 |

Post removed.Why?

Posted by qqq47660 > 2023-06-04 10:25 | Report Abuse

It is the manifest destiny of China to be on the side of the global south. That is where 88% of the people live and areas of highest growth

Posted by qqq47660 > 2023-06-04 10:28 | Report Abuse

By end of 2023 China is the largest exporter of automobiles and in a few years absolutely dominant the world wide auto industry. G7 eat what except starting wars?

Posted by qqq47660 > 2023-06-04 10:29 | Report Abuse

America don't have to buy cheap and value for money China cars. The global south will be full of China cars

Posted by qqq47660 > 2023-06-04 10:32 | Report Abuse

Factory of the world...China has moved beyond that ...China ambition is to be the innovator of the world, with decentralised manufacturing every where.

Posted by qqq47660 > 2023-06-04 10:33 | Report Abuse

China companies are already the largest investors in Mexico free trade zones for exports to America

Posted by ahbah > 2023-06-04 13:24 | Report Abuse

If the USD is dead in the next 2 yrs, can our RM n all other currencies survive in the next 2 yrs ?

Posted by ahbah > 2023-06-04 13:31 | Report Abuse

" Which country is printing money now ? "

ALL countries in the world are printing moni ?

Posted by ahbah > 2023-06-04 13:34 | Report Abuse

All moni are printed out from emptiness / nothing ?

They all are fake moni bcos they all no got asset backing ?

Posted by IDQWE001 > 2023-06-04 14:09 | Report Abuse

Silly CCP join evil Putin pushing all G7, Indo-Pacific, AUKUS against the evil alliance. There is AI technology to boost the world economy in the next decades. Only CCP supporters believe that buidling white elephants abandoned project could boost further economy.

Posted by IDQWE001 > 2023-06-04 14:13 | Report Abuse

next decades era is AI technology. EV cars without AI technology is rubbish. Building white elephants abandoned projects is rubbish as well.

Posted by IDQWE001 > 2023-06-04 14:17 | Report Abuse

G7 Hiroshima summit: Who’s attending, what will be discussed?

This year, the leaders of Australia, Brazil, Comoros (chair of the African Union), Cook Islands (chair of the Pacific Islands Forum), India (G20 president), Indonesia (chair of Association of Southeast Asian Nations), South Korea and Vietnam are invited, reflecting Japanese Prime Minister Fumio Kishida’s stress on the importance of reaching out to developing countries, as well as US allies and partners.

The invitations to leaders outside of the G7 are meant to extend cooperation to a broader range of countries.

Silly CCP supporters take a look the lists which countries atttended as well.

Posted by qqq47660 > 2023-06-04 17:53 |

Post removed.Why?

Posted by qqq47660 > 2023-06-04 17:55 |

Post removed.Why?

Posted by qqq47660 > 2023-06-04 17:57 | Report Abuse

g7 and ukraine war............very soon Ukraie will be lost , then what?