SHOCK BIDEN! 29 Million Tons Of Iranian Oil Has ARRIVED IN China AT LOWER PRICE!|AsianQuickTake
Welcome to Asian QuickTake, your go-to channel for in-depth analysis of global affairs, international relations, and technology. In this video, we explore the growing concerns surrounding the U.S. federal debt and its impact on the dollar, U.S. debt, and the global banking sector. With the U.S. debt ceiling raised, the issuance of new Treasuries to balance spending and pay interest to creditors poses risks for the dollar’s stability. Sensible central banks are accelerating the liquidation of U.S. debt, challenging the dollar’s monetary dominance and global influence. Bridgewater founder Ray Dalio highlights the unresolved issues facing the dollar and U.S. debt, signaling potential consequences. Over 100 countries worldwide are de-dollarizing, undermining the dollar’s status as the global finance cornerstone. Iran and other nations discuss de-dollarization efforts, using digital currencies and gold reserves to bypass the U.S. financial system. As digital currencies grow, they may reshape the global currency order, with the renminbi, crude oil, and gold playing pivotal roles. China’s increasing gold holdings reflect its strategic approach to international reserve assets. Gold demand remains robust, with significant imports to China and growing interest from central banks. The ongoing shift in gold flows from Western financial centers to China demonstrates the demand from the Shanghai gold market. countries are actively reducing U.S. debt holdings and acquiring more gold. The U.S. Treasury’s issuance of new debt could strain the banking sector and lead to a potential banking crisis. Big buyers like China and Japan may sell off U.S. debt, further intensifying financial risks for the United States. Join the conversation in the comments below, and don’t forget to subscribe and stay tuned for our next video. Asian QuickTake—bringing you the latest insights into global affairs.
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