Profile photo for Kanthaswamy Balasubramaniam
Kanthaswamy Balasubramaniam
Lawyer14h
What you need to realize is that, the Dollar being a primary reserve currency has been an issue that many countries have secretly not been very comfortable with
It was one of the not so public reasons for the existence of the EURO
Many Nations especially the Middle East Nations felt it very wrong to sell their oil and keep all the money earned from those sales in Accounts in the United States
However back then the US was too powerful
Saddam Hussain tried and ended up being murdered after a bogus invasion

你需要意识到的是,美元作为主要储备货币一直是许多国家私下里不太满意的一个问题
这是欧元存在的不那么公开的原因之一
许多国家,特别是中东国家,认为出售石油并将所有从这些销售中赚取的钱存入美国的账户是非常错误的
然而当时的美国太强大了
萨达姆·侯赛因在一次虚假入侵后尝试并最终被谋杀

Gadaffi tried and was killed in a color revolution sponsored by the United States
The Saudis, the Qataris, the Iranians all felt like being under a Colonial Dictator who decided and controlled every aspect of their life using the dollar
The US was making up rules and using the power of sanctions and its military to destroy anyone who did not toe the line
Thus the fact that the Dollar was the Primary reserve currency was not something everyone was happy with even from the mid 1990s
The UK had decided to tolerate this because they were too badly broken after World War II and needed the US to survive as a developed nation
Every 3 out 4 Dollars they needed came from US Banks & US Federal Loans.
Europe too
Russia due to it's incompetent leadership under Geriatrics like Brezhnev, Andropov and Gromyko and Chernenko plus Idiots like Gorbachev also needed US Dollars to rescue it's economy from collapse and hyperinflation
China was happy earning dollars and building its reserves and growing 14% a year
In short the US had forced these Nations into situations where the US and it's Dollars were indispensable to them

卡扎菲尝试并在美国发起的颜色革命中被杀
沙特人、卡塔尔人、伊朗人都感觉自己像是在一个殖民独裁者的统治下,他用美元来决定和控制他们生活的方方面面。
美国正在制定规则,并利用制裁和军队的力量消灭任何不守规矩的人
因此,即使从20世纪90年代中期开始,美元作为主要储备货币的事实也不是每个人都满意的
英国决定容忍这一点,因为他们在二战后已经崩溃了,需要美国作为一个发达国家生存下去
他们所需的每4美元中就有3美元来自美国银行和银行,美联储。
俄罗斯由于勃列日涅夫、安德罗波夫、葛罗米科、契尔年科等老年医学家以及戈尔巴乔夫等白痴领导下的无能领导,也需要美元来拯救其经济免于崩溃和恶性通货膨胀
中国很高兴赚取美元并建立外汇储备,并且每年增长14%
简而言之,美国迫使这些国家陷入了美国及其美元对它们不可或缺的境地

Today things stand different
The US is much weaker than it was
The same Nation that could probably once control a conflict from DC alone, is unable to rein in its most dependent lackey ally - ISRAEL
It is riddled with Debt
It hassanctioned and played unfair so many times that IT'S CREDIBILITY IS ZERO
So every Nation that once tolerated the US Dollar as primary reserve, is starting to trade in other currencies including the Yuan, the Ruble and their own Local Currencies
Energy & Food is now being sold in Yuan and priced in Yuan
Qatar sells LNG to China pricing it in Yuan as do Saudi Arabia and Russia
Brazil sells Soybeans and Ore priced in Yuan to China
The US may still be very powerful against any attack on the US itself but their offensive warfare capabilities have significantly become weaker and weaker.
The Military Leaders are weak
The Politicians are imbeciles - either Neocons or Corrupt Ideologues or Neo Liberals
Hence DE DOLLARIZATION HAS BEGUN and will continue

今天情况有所不同
美国比以前弱多了
曾经可能仅靠华盛顿就能控制冲突的国家,却无法控制其最依赖的走狗盟友——以色列
它充满了债务
它已经多次制裁和不公平行事,其可信度为零
因此,每个曾经容忍美元作为主要储备的国家都开始以其他货币进行交易,包括人民币、卢布和本国货币
能源与能源食品现在以人民币出售并以人民币定价
卡塔尔向中国出售液化天然气,并以人民币计价,沙特阿拉伯和俄罗斯也是如此
巴西以人民币计价向中国出售大豆和矿石
美国对于任何针对美国自身的攻击可能仍然非常强大,但其进攻性战争能力已明显变得越来越弱。
军事领导人软弱
政客们都是低能者——要么是新保守派,要么是腐败的理论家,要么是新自由主义者
因此,去美元化已经开始并将持续下去

One currency as primary reserve and One Nation as a Hegemon was always wrong
Maybe it was unavoidable from 1945 to maybe 1975 when the world was still recovering from the World War and Anti communist Wars
However it should have started focusing on a Multipolar World and a Variant currency reserve from at least 1975
Yet the US kept it's hold as a Hegemon and it's currency as primary through:-
Removing the Gold Standard and adopting the Bretton Woods system forcing Europe to accept both
Adopted the Plaza Accords in 1985 and finished Japan as a potential rival
Invaded Iraq and sponsored color revolution in Libya to ensure no other player even thought of going against the Dollar

以一种货币作为主要储备并以一国作为霸主总是错误的
也许从1945年到1975年是不可避免的,当时世界仍在从世界大战和反共战争中恢复过来
然而,至少从1975年起,大家就应该开始关注多极世界和不同的货币储备
然而,美国通过以下方式保持其霸权地位和货币地位:-
取消金本位制并采用布雷顿森林体系迫使欧洲接受
1985年通过广场协议,使日本完全受控
入侵伊拉克并赞助利比亚颜色革命,以确保没有其他参与者想到反对美元

Sadly today the US cannot continue this
Putin, xi are TOO STRONG
The BRI has ensured that most of the Global South no longer kowtows to the US blindly but rather would do what's best for them, bes example being Vietnam
Also the US thanks to 30 years of bullying and intimidating has now a foreign Service and diplomatic service that DOESN'T HAVE A CLUE WHAT IT MEANS TO NEGOTIATE OR BARGAIN.
The crop of idiot diplomats know only to threaten and bully

遗憾的是,今天美国无法继续这样做
俄罗斯、中国太强大了
“一带一路”确保了大多数南方国家不再盲目向美国卑躬屈膝,而是会做对他们最有利的事情,最好的例子就是越南
此外,由于30年的欺凌和恐吓,美国现在的外交部门和外交部门根本不知道谈判或讨价还价意味着什么。
这群白痴外交官只知道威胁和欺凌

Like Daleep Singh, the numbskull who threatened India with Sanctions when he could have offered a nice tech transfer deal plus a nice $ 100 Billion swap facility in Mumbai and maybe swayed India on his side
Or this brainless fool who could have easily offered China, a full tariff waiver for 3 years, a written guarantee on their US Investments plus a mutual guarantee on Taiwan (You don't attack Taiwan and we don't supply weapons)
China may have agreed to move away from Putin
If that was the case Putin would have lost by June 2022 and the West would have won

就像戴利普·辛格(Daleep Singh)一样,这个傻瓜用制裁来威胁印度,而他本可以提供一份不错的技术转让协议,再加上孟买价值1000亿美元的基础设施,也许会让印度站在他一边
或者这个无脑的傻瓜可以轻易地向中国提供三年的全额关税豁免,对美国投资的书面保证以及对台湾的相互保证(你不攻击台湾,我们不提供武器) )
中国可能已经同意远离普京
如果是这样的话,到2022年6月普京就会失败,而西方就会获胜

So Yes the US Dollar is going to lose its Primary Reserve Status
By 2030 I believe the USD will have a reserve of around 46%, the Yuan at 13%, Euro at 10%, Yen at 5%, the BRICS Settlement CBDC at 5% and Local Currencies at 21%

所以是的,美元将失去其主要储备地位
到2030年,我相信美元储备将达到46%左右,人民币为13%,欧元为10%,日元为5%,金砖国家结算CBDC为5%,本币为21%