RISING TENSIONS! Israel’s Move from USD to RMB Sends Shockwaves! Prelude to New Era?｜AsianQuickTake

🌏 In today’s episode, we delve deep into the growing apprehensions surrounding Federal Reserve policies, the escalating Israeli-Palestinian conflict, and its impact on the global financial landscape. Jacob unfolds the complexities of these global dynamics. Tags: Federal Reserve, US Dollar, Global De-dollarization, Federal Reserve Policies, Israeli-Palestinian Conflict, Global Oil Market, Debt Ceiling Crisis, US Credit Rating, US Treasury Bonds, Global Financial System, Gold Reserves, De-dollarization Trend, International Monetary System, Central Bank Digital Currencies. Here’s a summary of the key points discussed in the video: Global Concerns: Prominent entities like the World Bank, Goldman Sachs, and JPMorgan express concerns about the repercussions of Federal Reserve policies, compounded by geopolitical tensions. Israel’s Doubt: Israel, a significant US ally, starts doubting the US dollar and takes substantial actions, reflecting vulnerabilities in the global monetary system. US Fiscal Quagmire: Goldman Sachs warns of a fiscal crisis in the United States by November, potentially leading to a government shutdown and fresh debt default risks. US Treasury Bonds: Despite efforts to bolster Treasury bonds, factors like a delayed federal budget and high yields challenge their appeal. Janet Yellen’s Warning: Treasury Secretary Yellen warns of insolvency and rising debt servicing costs, adding to US fiscal pressure. Shifting Safe Havens: Global safe-haven funds turn away from US Treasury bonds in favor of other secure assets like gold, posing risks to the US dollar’s standing. Global De-dollarization: Nations globally are moving away from the US dollar in trade settlements, foreign exchange markets, reserves, and digital currencies. Israel’s Actions: Israel reduces its US dollar reserves and augments holdings in Chinese yuan, safeguarding its financial stability amidst the shift. De-dollarization by US Sanctions: US unilateral sanctions prompt more nations to consider de-dollarization, forming a consensus. Euro’s Role: The European Union emphasizes the use of the euro for trade, with plans for euro-denominated crude oil futures contracts, reducing reliance on the dollar. Global De-dollarization Trend: Countries like Brazil, Saudi Arabia, Israel, and many more consider non-US dollar currencies for their trade. Growing Alliances: New trade alliances are emerging, reminding us that the US dollar’s reserve currency status shouldn’t be taken for granted. Stay informed by liking, subscribing, and enabling notifications as we explore developments in various fields. Thank you for watching, and we look forward to your continued engagement! 🌐🌍 💯TOP 3 Video China Shocks Yellen With Massive Selling of U.S. Bonds and Buying of Gold ▶ China to Accelerate Dumping of Up to $800bn U.S. Debt ▶ Swiss Sells $36.4 billion U.S. Treasuries ▶ ━━━━━━━━━━━━━━━━━━━━━ ✅ COPYRIGHT DISCLAIMER Asian Quicktake Doesn’t Fully Own Some of the Materials Compiled in Its Videos. It Belongs to People or Organizations Who Ought to Be Respected. If Used, It Falls Under the Following Provisions: Copyright Disclaimer Section 107 of the Copyright Act 1976. “Fair Use“ is Allowed for Purposes Such As Criticism, Comment, News Reporting, Teaching, Scholarships, and Research. ━━━━━━━━━━━━━━━━━━━━━ ✅ If You Are the Owner of the Materials Used in This Video, Let us Know in the Comments or Send a Email to me. We Will Follow Your Request Immediately. ━━━━━━━━━━━━━━━━━━━━━ ✅ FINANCIAL DISCLAIMER This Channel’s Content Should Not Be Interpreted or Construed As Financial Advice. We Are Not, and Do Not Claim to Be, an Attorney, Accountant, or Financial Advisor. This Channel’s Content is Not a Substitute for Financial Advice and is Solely for Entertainment Purposes.