Trump to Punish India & Others Who Want "De-Dollarisation"? | Vantage with Palki Sharma
Trump to Punish India & Others Who Want "De-Dollarisation"? | Vantage with Palki Sharma
Former US President Donald Trump is facing a slew of court cases, but he seems confident about winning them and the next presidential election. His advisors are already making plans about what to do when they are back in office. Some of Trump's economic advisors are reportedly working on a plan to punish certain countries. Over the last few years, countries have been moving towards de-dollarisation. They want to reduce their dependence on the US dollar, and engage in trade with their own currencies. Trump is against de-dollarisation, and he plans to use various pressure tactics such as export-controls and tariffs to force countries to keep using the dollar.
---
Donald Trump | US Dollar | De-Dollarisation | India | JP Morgan | American Dollar | Dollar | West Asia | Firstpost | World News | Vantage | Palki Sharma
#donaldtrump #dedollarization #india #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
/ @firstpost
Follow Firstpost on Instagram:
/ firstpost
Follow Firstpost on Facebook:
/ firstpostin
Follow Firstpost on Twitter:
/ firstpost
Follow Firstpost on WhatsApp:
www.whatsapp.com/channel/0029...
If they don't want de dollarization, then they should stop printing dollar like crazy
Also they should stop using dollar as weapon
@@Covid_Liberation_Armythat'll never stop
De dollarization is inevitable Ppl supporting it Xi, Modi, Putin, Saudis, anti usa states Usa frezzed russia 625billion dollar reserves its russia which survived other wouldn't survive
and stop stealing other state's money
India should start trading using gomutr and jumlas.
The US gov't killed Gaddafi and destabilized Libiya for the same reason.
And Saddam Hussein as well. Wanted to trade oil in another currency.
Tell India to buy US bonds. India has money because it is the world's number one
@@user-jt8qu5zb8r no !!! don't buy US-bonds. When they want "to punish" India, they just block those bonds .... stay away from the dollar and they loose power over your country !
I am tired of telling people the same thing because they always argue alot
@@user-jt8qu5zb8r india is never no.1
Let’s De Dollarise even faster and give Americans a run for their money. It’s not 1980s India it’s 2024 India. We don’t take side. We don’t wage unnecessary wars. We are strong and we take decisions in India interest.
Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyper-inflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
How can i get started when it comes to investing and passive income?
My CFA Linda Aretha Reeves a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.
Sounds like slavery or colonization
Both and more
Yes, slavery, colonization and bullying.
and bullying and threatening. cohesion.
Both actually!
That's exactly what it is. It's disgusting.
You cannot force anyone to depend on you, you have to let them make their own way; if not, you aren't an ally, you're just a big Bully. Totally agree, love you Palki, stay well and blessed.
Errr isn't it clear now what they have been always? A bully
Since when has the Indians the luxury of being independent in the affairs of their own. Since the arrival of the British some 500 years ago they have been a reliable and obedient tea boy to their white masters. They lack the gumption or the intellect and the courage to go out on their own.
Well said
@@dancingnachos3634 There was a period of time where the US was the only country with nukes. If were were the villains you fools claim us to be, we would have taken over the world in an instant. During that period, literally nobody could have stopped us. We didn't. We didn't even try. Because that's not who we are. Everybody likes to pretend like the US isn't the primary country upholding world peace, but everybody keeps their mouths shut when the US is paying the bulk of NATO's funding. The people who bash the US today are the ones who will be begging for our tax payers to send you billions tomorrow to defend your countries when you're invaded by the actual villains. But if it makes you feel better to blame your various failures on us, go for it.
You think geopolitics cares about such principles?
The fact that it is made clear how manipulative they are to use Dollar to control the economy should give those countries an extra incentive to go ahead with de-dollarization.
But India keeps*SIMPING*. To India, "China must not prosper; it doesn't matter if the U.S. re-colonize us." "After all, we can migrate and become U.S. citizens for free" 🤣
@@ABMvP93 USA the dumbest country in the world USA the country where a guy with an iq of 62 is the president 😂
No one can stop an idea whose time has come
only if there are actual People with capital P behind it, what I am seeing in the west is just degraded human beings each trying to survive on their own no matter the consequences for rest so I would not count on stuff like that
The owner of a restaurant in your neighborhood is threatening you, if you don't eat in his restaurant. What will you do? 😅
Take a piss in that restaurant's kitchen.
😂😂😂😂😂
Open my own restaurant t one block away from you.
Sounds like a nation has already done it and prospering from it too
Hahaha, but he's saying he is the best in town!
US should learn from history....The more they got strict on India ....India Turned out more Stronger and Independent Nation ❤
Moldi's master is not happy with India.
@@hagankeys3610bullah not happy about what is going on Palestine 😂
Yeah not really....
You are jihadi, how can you support India yeah it's bcz you want to show frustrations towards US for your jihadi people's treatments done by America. Stop acting jihadi 😁
Seriously we don't care about u foreigners as u left INDIANS (Americans,eu) to let die after independence and decide our own path placed sanctions 🫠 just 😲 wow KARMA WILL HIT THEM 🎯
Colonial mentality never dies
Punishment and sanctions is the worst idea, rather start ways to stop using the dollar as a bargaining chip. He will just fuel de-dollarisation even further. It’s the beginning of the end for the global bully.
I mean if we get punished it’ll only speed up the process.
yeah someone with a brain
Sadly it's not that easy how it looks
@@aumvachhani1402well u cant say that ...almost major countries r against US ....its not easy for USA to control...
@@aumvachhani1402when you are forced, you have no choice. You have to, even if it's not easy.
India got stronger when it opened up for FDI but maintained import controls just like China.
Dollar will crash faster than thought
No it won't.
Yes it will
You don't really want that unless you are from another planet.
But we still want it.
@@randyg4571 That's why we want to switch to another option 😊
Bring back the gold standard not the useless currencies
This will backfire as no country will like to go back they will be better if they get punished than going back to the old system
Exactly!😆
Americans print the toilet papers and made the world believe it’s valuable than gold 😂😂😂
We all know what happened during Covid..😂
😂😂😂
Toilet papers is gold unless you have accustomed to washing with your hands.😷
i think that says something important about the rest of the world
Problem is, every other country is even worse.
India is not Libiya, what he thinks of himself and US., gone are the days Mr. Tr..
India ain’t shit either
Well said
But Americans think India is no different from Libya and Iraq … just brown people!
Failed invasions by US: ( cost too much, and blow back) Russia - hard to invade 1900s China - hard to invade 1950s India - hard to invade 1970s Japan - hard to invade 1940s Iran - hard to invade 1980s
@@Shimra8888 cus their are no different lol
As an Indian De-Dollarisation is necessaity we cant depend on US dollars. Trump or whoever doesnt matter De-Dollarisation must happen for Asian economies to grow without any problems CHINA INDIA & RUSSIA must come together.
Extremely necessary
This act from Trump will definitely accelerate the dedollolarizing of the dollar. This is the era now where business it's run differently in the world
True face of a coloniser is surfacing …free trade, freedom & democracy, human rights all down the drain😢
NO ITS NOT SURFACING...ITS ALWAYS BEEN THERE! THEY JUST MASTERED LYING SO THAT PEOPLE OF COLOR FOCUS ON SOMETHING THEY LIED ABOUT THAT SOUNDED GOOD...ITS ALWAYS BEEN WHITE SUPREMACY AT ITS CORE!
Tell India to buy US bonds. India has money because it is the world's number one
Stop speaking English and start speaking Chinese 🤨🤣😁
I thought USA is the one with that white baby jesus by there side...as non US Christian myself@@user-jt8qu5zb8r
@@user-jt8qu5zb8rThey don’t have to buy US bond. But INDIA needs to support BRICS! US is a silent bully! Making himself a Universal Police or Galaxy Police. Why does it have to be US?
After USA froze reserves of dollar of russia many countries found it scary.
It's not just that 300 billion also belongs to the Russian people and America and nato are doing is trying to use that to fix Ukraine which is illegal and can cost America and many European countries to exist nato and exit the dollar because its losing value and isn't backed by anything apart from world trade thats it
USA also froze the reserves of Afghanistan
First it was Afghanistan, then came Russia . Which proved it would not be a one off
@@praks07 yeah !! And other countries who keep reserves in dollars were genuinely worried. USA can literally freeze your hard earned reserves just coz the country doesn't abide by whims of USA.
@@praks07 : Russia February 2022 : We will not invade Ukraine (no need to sanction Russia) Russia : invades Ukraine 🇺🇦 without going to the UN 🇺🇳 Ooops EU, USA, Japan , Canada are now sanctioned Russia .
We must perform international trade in our national currencies. We want a sanctions-free world. The de-dollarisation is a must. It must happen sooner or later. We want BRICS to be strengthened.
india should de-dollarize completely if sanctioned...
He wants to punish us? I’d like to see him try. Get your own house In order before lecturing us.
Easy there tough guy. There's only one reason you're not neck deep in a war with China right now.
For that we need to go out and vote for modi
Tata Motors & infosys would be the first of many indian firms that would tell you to be quite.
If it's pappu Kumar sure he will punish 😅
@@cnsmilesDon't know about Tata but Infosys sure..
De-dolarization is important for free world. India and other countries desrve better economy freedom
That is why countries want de-dollarisation in the first place
Thank you Lord Jesus for the gift of life and blessings to me and my family $14, 120.47 weekly profit Our lord Jesus have lifted up my Life!!! A. V
How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Thanks to Mr Lee Davis.
He's a licensed broker here in the states
YES!!! That's exactly his name (Lee Davis) so many people have recommended highly about him and am just starting with him 😊 from Brisbane Australia🇦🇺
I'm surprised that this name is being mentioned here, I stumbled upon one of him clients testimony on CNBC news last week.
The BRICS countries should establish their own currency settlement system and reduce their dependence on SWIFT.
Done deal bro
@@hongmama1245 : use Yuan 💴 as Brics+ currency 🙃
They're taking too long .......
I think you'll see that within 12 months
De-dollarization will be faster if this motor mouth win. Wish this guy come.
Keep on dreaming
both @binodbiharipanda915 & @300_spartansoldier5 are correct. But Palki is pointing out that the USD hegemony is akin to colonialism. Trump is a Blow Hard on the surface and deserves the acrimony backlash he gets. But he's like Putin, he's staunchly Patriotic and cares more about his countrymen and the position of America.
US dollar is the biggest threat to world currencies , US is manipulating the dollar by printing more and more dollar compared to its economy, US economy is growing at 0% but still its the highest rated currency which is counter intuitive , they are financing wars with trillions of dollars and destabilising the world
Shhhhh don't tell them. I find it amusing how both Americans and non-americans want Trump to win but for different reasons, LOL.
@@300_spartansoldier5 son Trump won't change any thing in emerging new world order. Infact we are eagerly waiting to give him surprises like we gave to sleepy jo.
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $8,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson 🇺🇸🇺🇸🇺🇸..
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.
Thanks to my co-worker (Alex) who suggested Ms Chloe Linda Henderson.
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
Great to see you guys talking about her, she changed the game for me.
May God bless Ms Chloe Linda Henderson services,she have changed thousands of lives globally.
china should end conflict with india that we can work on BRICS currency
Never going to happen. Bend the knee to your king
India is still UK stooge
China is the new father of lundia
They will... the world depends on this otherwise we will stay puppets to a falling empire USA and let them drag us down into misery with them
China and India are too different from each other for that to work, and trust plays a big part in world currencies. The US Dollar became the world currency because the US was trusted and dependence, but things are changing, US politics is becoming too polarised and the US is using more threats to get what it wants, it's making a lot of countries around the world rethink its policies on the US, in other words, to distance themselves from the US, which would be really damaging to the US Dollar if that were to happen, especially with how the reserve currency is set up to favour the US and probably why Trump is using threats, but threats could do more damage to the US in pushing countries away. The only other credible currency is the Euro, but honestly, those countries are not integrated enough for that to work, so maybe a new currency that isn't tied to any country is needed, if that is feasible, it would probably get support from the majority of the world, except from the US.
Can’t wait to see BRICS working in full swing
BRICS? u want chinese currency? cos that is what china will push. u have to decide between china or us..these are the only 2 options in reality.
You forget about Russia is a major player. Not a fan of either of them as a South African but atleast they aren't playing to try to bully us so it's a easy choice
@@A.K.00BRICKS currency is GOLD 🪙 brother
With a name like that, I doubt you're South African @@isaaccpt6643
@@A.K.00U people r washed so much by godi media. Try for cooperation in brics and if u hate china so much then get out of it and be western pwn.
I am from nepal 🇳🇵 I saw a podcast of pat from valuentertainment and they were talking about india trying to be tricky with them and they also said that they could collapse whole india's economy in 9 months. Nepali rs is pegged with indian rs so i will always wish best for india
Actually currently india is largest growing economy.. We can expect such dumb hate speech from usa and west. They just want to show they are owner of the earth
@@ramansingh5282 What India should do is maximizing the benefit from its neutrality by understanding rich natural sources countries' needs by producing what they need like China. So when there is a conflict between the USA and India, India can rely on its other egg baskets. India should learn from Russia when the USA freezes its assets. Imagine, 7 billion people on earth scare to 300 million Americans. LOL
If they could, they would have done by now 😅. Usual US hate mongers😅
The whole world doesn't revolve around America..first of all their democracy is such a failure and they love lecturing others shamelessly..
@@msdolly6101981 what have they done?
You have said it all Palki, America is one big bully...
5:01Palki's last line is golden
For every action, there is an equal and opposite reaction. 🤗
Gold currency is future & no one can stop dedollarisation
*GOLD BACKED* also I see India is also buying lots of gold
@@tryit2136 India is just a public bathroom of China
More US sanctions is like shooting itself in the foot.
imagine 1 brics equal to 1 gms of gold,1 banana cost 100 us dollar.
“You aren’t an ally, you are a big bully” last line but not least …says everything
TRUMP 24’
But India will not understand this until the west rudely pushes it away.
You will be Russian or Chinese slaves without America. Do the math.
Who said they're an ally?
To be an enemy of America can be dangerous, but to be a friend is fatal. Henry Kissinger America has no permanent friends or enemies, only interests. Henry Kissinger
This is the most dictatorial statement ever made. But let's blame Gaddafi and every other black nation.
Gaddafi was right about USD😂
@@ChandranPrema123 Eventhough he no more , his consept continues to flourish !
US dollar is the biggest threat to world currencies , US is manipulating the dollar by printing more and more dollar compared to its economy, US economy is growing at 0% but still its the highest rated currency which is counter intuitive , they are financing wars with trillions of dollars and destabilising the world
Why him?
But trump is a friend of india, a black nation.
These people are so bold face ,imperialism at it finest is this democracy
they use currency manipulation all the time with the Dollar!
These punishments will backfire on bullies.
Better to leave US now, India has still time, stop fooling yourself. 🤣
Better to leave from planet earth you have no time@@shahid3520
@@shahid3520, you seem to be from bankrupt Pakistan!😅 "Taking over India by Muslims", your thoughts are revolutionary. You need urgent mental health check up!😂
@@shahid3520 worry about your pakistan first
@@shahid3520better focus on Baluchistan brother might be a different country from PAKISTAN 😮🥴
what do they expect from others, when they print money like toilet paper and make stupid decisions
The ball has started rolling
Palki Sharma’s rant is a mixture of frustration and desperation. For Indian Rupee to be accepted as a reserve currency it has to be much more an international asset and should be traded across the world!!
Not necessary...brics country can form new common currencies for trade . Like european union has euro. De-dollarisation is reality.. that's why Trump is concerned.
The US arrogance has no limits, if Europe is happy being an US vassal we are not
European here (Spaniard). Europe is NOT happy. Perhaps our pathetic European political class is happy. Perhaps they are blind or bribed. But millions of Europeans and even a small number of bold European politicians are definitely not happy. At this point it is crystal clear that USA is doing everything in its power to push Europe to a direct confrontation with Russia (which happens to be, btw, the largest European country), but such a move could end backfiring for USA just by Europeans rejecting to be sacrificed for the benefit of USA and coming to the realisation that being "allies" of USA means SUICIDE!! We will see how events unfold in the next few years.
❤super India yors political in world is soo super❤
Khalistan want freedom india
why the world has to scare to the USA. Remember the USA allies have lots of assets in all 200 countries on earth. If the USA starts to embargo a country, the world should show its empathy to the USA victim by seizing the USA assets. I don't think the USA will embargo all 200 countries. India in the future should invest less in the USA allies so India can practice its neutrality easily and maximize the benefits from all neutrality India practices it , not like now.
@@MSDGroup-ez6zk Then you will find out what a multi trillion dollar military can do
De-Dollarisation is the Need today. US Monopoly should be overthrown.
We have to change our course.The captList thing. Has to be mixed up. With Socialist Communist Feudalism and Captalist. This is what China did. In 1949. After there Revolution. We can learn from China. No country in history come so far. In that length of time. We need to be part of the solution not the problem.
True .
They provoked it and now they don’t like the results… they want to punish others for that.
Right-on Palki, well said!!!
A superpower in decline is very desperate and dangerous. They will not give up easily without a fight (read, war, both brutal monetary and military wars).
100 %
But still in the end they all defeated 😅😅😅
A fight they will have and lose badly
true , none will give power away , you can see it in the eu brussel, what brussel took over and now nations want back, they wont give that power back to nationstates
You are very right, in geopolitics, whenever there is a change in superpower, there is always war. China has done so well of not using real time war to becoming a superpower country. Rather choose the economic
THIS HAS TO CHANGE. WAKE UP WORLD 🌍
We are all going to be in danger if Democracy falls. Trump is a threat not only to America but the Free World as well. Trump is in with Russia and China. I am of Indian origin living in Melbourne Australia and as Australia is an Allied Country we are very worried, and hope the American people vote him out. He won't spare India as well. China and Russia are ready to interfere in the November Elections. God help us all.🙏
The whole World Order is going to change forever if Trump wins. We are awake but, are the American people. Do they understand what Trump intends to do, should he get back to the Oval office. Australia has a stake in your elections but, we dont have a say in it. If we could, we would vote for Joe in a heartbeat. I wish people around the World could organise a day where we all have a protest march, so we can tell Trump to F***off to Russia. 🙏💙💙
Bring it on!
The problem is that American youths are sleeping and not fighting British recolonization agents to save America and the world, and that is very dangerous to the whole world.
This monster will definitely regret and know that the world is not America.
Modi is a monster to some, no one ever said the world is America. You have been listening to the BJP and Palki Sharma too much.
Perfekt❤ stop hegemony❤
No one said the world was America, although most of the world wishes it was nearly as rich and powerful as the USA is. Nevertheless, the USA will always remain the world's lone hegemon forever and ever. Hence, get used to it.
@@gaborjuraj2843 How? As America has astronomically far more geographical and geological advantages relative to every other country in the world and exactly because of all of those major advantages in the US's favor is the exact same reason why America will always remain the world's long hegemon forever and ever, wingnut.
The world will soon realize the North American Continent (Canada, Mexico and the US) is the richest continent on the earth, and it has what the world needs.
😂😂😂😂 US couldn't do shit against Russia.how can he do anything to combined for BRICS
World war 🤔 USA has biggest military budget and lots of military bases around the world.
@@yelenashishkina8804yet it's collapsing internally .
@@Coffeeluvrr They still could start world war to screw everyone 🤔
Because BRICS is a sham. And they have done plenty to Russia.
It's called committing suicide.
Wonderful Answer Miss Palki. You are not a family member or a friend. You are just a partner and a bully. America must learn a lesson and BRICS is the one who teaches it. You cannot force anyone to follow your path they all have their own way of thinking and working. So stop bullying others and focus on your own country and economy rather than interfering other countries matters.
Didnt know that about Trump, very disappointing. Americans have no options left.
countries will trade with each other in prefered currency nobody can enforce that.
US assassinated Ghaddafi over trying to de-dollarize, Africa
@@Western_Decline Now that will speed up de-dollarisation.
@@Western_Declineand everybody knows that, but this time its different
This woman never stutter ❤❤❤
Just see the clip again.. She does, and that's completely okay, not that I am calling it out, just that the comment isn't needed. ;)
@@ShivamDhawan Yeah, good catch. She usually doesn't stutter, but this clip had a hardcore stuttering.
Atleast make some sense you simp!
You can tell she's angry @@ShivamDhawan
For the exact same reason, all India's neighbours are undertaking #IndiaOut campaigns. 😅😅😅
It is time to bring BRICS currency
The world doesn't revolve around AMERICA .....wake upto reality 🍃
Yeah it does u using our internet as u speak
@@300_spartansoldier5 The whole world is using internet and u gave ur hands to build it soooo wh..?U get the patent to internet technology?US DOLLAR is in brink of collapse and its inevitable relax 😄
@@300_spartansoldier5our Internet kid we use Internet from our country satellite grow up and read books before pooping in the comment section
@@300_spartansoldier5 Gees, 300 million vs 7 billion and the 7 billion people are scared to those 300 million? LOL
@@300_spartansoldier5 If I am not mistaken internet was made by English guy ...btw you should stop using gun powder and paper it was invented by Chinese....
I compliment you for the Oxford speech. Proud of you very much. Please continue the good work
They’re proving why everyone should dedollarize
Time for Rupees to take over ❤
Too late, Brics cannot b stopped
Lol, to challenge dollar, you need to make products and work hard. These stupid schemes like BRICS currency won't work.😂😂 What happened to Rupees in India-Russia trade?
@@user-je7pc2mp5eyeah working hard is going on.. so you gonna use UPI.. and the truth is BRICS cannot be stopped so accept it..😊
@@user-je7pc2mp5edo your think china is foolish country?
China will kick India out of Brics!!!😅😅😅😅😅😅😅😅
@@user-je7pc2mp5e source - WhatsApp University 🤣🤣🤣
HE IS NOT USING A SHOVEL TO BURY THE DOLLAR HE IS USING AN EACAVATOR😂😂😂😂
Nobody is burying the dollar lol.
@@Cryptocracy_Now WHY DO YOU THINK YELLEN AND BLINKEN WENT TO CHINA EACH TWICE IN 1 YEAR. ONLY THE BLIND WOULD NOT SEE. COME 2025 THE DEATH BELLS WILL BE RESOUNDING WORLD WIDE
@@Cryptocracy_Now China is. Petro Yuan already a reality.
And the world will be happy to see dollar go down.
Soon@@aadu.thoma44
Dollar is wind standard whereas world is moving toward gold standard
Well said.
I bet this will only quicken the timeline of de-dollarization, this may actually make BRICS currency a reality.
India should change the Cash Dollar Reserve to material (like Gold, ...)
BRICS countries are already buying gold at record rates. I mean, Indian purchases are nothing compared to China's, still much greater than what they had, say, a year back.
They are doing that right now which is the reason for raising gold prices
Your a comedian 😂😂😂 where the hell would you find that amount of gold 😑😑😑
@@kickass7104Value of currency depends highly on the gold reserve also. By selling gold the regulatory bodies can counteract the inflation. It's economics 101 stupid.
@@kickass7104 how to find the gold? Learn from China by producing the gold countries needed. Sometimes their needs are just only bridge, airplanes etc that India can make. BY doing so India can give more jobs to its people without relying on one source only that is the USA. So when the USA sanctions India, India can rely on its other eggs baskets. the question is if the USA got guts to embargo all countries on earth? So why has the world had to scare to the USA. Remember the USA allies have lots of assets in all 200 countries on earth. If the USA starts to embargo a country, the world should show its empathy to the USA victim by seizing the USA assets. I don't think the USA will embargo all 200 countries. India in the future should invest less in the USA allies so India can practice its neutrality easily and maximize the benefits from all neutrality India practices it , not like now.
It's causing a lot of uncertainty in the market. I'm not sure how it will impact my portfolio.
Good point.. the market has been crazy lately, a few surprises here and there.. with all the global happenings taking place I think it’s safe to say that a severe global recession is looming..
That's why I'm considering getting advice from a financial advisor. I want to make sure my portfolio is protected.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I've been with Eric Paul Elmer for the last five years or so, and his returns have been pretty much amazing.
I think Dr. Manmohan Singh said this during liberalization. "Nobody can stop the reforms, time of which has come". Perfectly applies to de-dollarization in present day.
Lunmohan
moan moan sing use to touch the feet of italian lady
Except the time for opening up hadn't come in 1991,it was about to happen around 2009,but as Finance Secretary and RBI Governor Manmohan Ji bottled the economy and we had to open up with a premature industrial base.
Yeah he was a good PM,we were lucky to have him .
Manmohan Singh is not in charge today and you have a new guy now who's licking the US on his way up thinking he could use this strategy as a bargaining chip to get better deals from others. They know what he's up to and so he may be told to leave the brics and even the SCO soon and do full time licking .
Gaddafi was right about US dollar😂
US dollar is the biggest threat to world currencies , US is manipulating the dollar by printing more and more dollar compared to its economy, US economy is growing at 0% but still its the highest rated currency which is counter intuitive , they are financing wars with trillions of dollars and destabilising the world
Libya was a French operation and they were using the French franc, not the dollar.
He dead though
@@dennisestradda9746But he was right though
, lybia never used French francs and it was euro which was in use then.
Right........
Well done BRICS u shaken the establishment
De-dollarisation is good. It makes the world economy a lot more stable as countries economies wont fluxuate nearly as strongly with the $ or Wallstreet's antics anymore.
If they print trillions of $$$ to solve their problems and export inflation across the world to pay them, sorry but they are abusing their privilege as the world's reserve currency. Weaponizing dollars was bad enough and they had to go printing trillions of them too for post-covid as if they're the only one dealing with its economic impact.
China need to be mature, rather being that mao thought to fight with india, china against india strategy, male west opportunity some time in indo pacific, if china respect Phillipines, if china stop occuping small countries with their debt, then china will able to be super power, rather china just a medicine to eliminate america super power, after that medicine get vanished.
It is great that US does that because that will cause countries to move even further away from Dollar. The alternate currency will become a reality much early if US takes such steps.
Do not confuse mad Trump's ideas with US policies, that only sows the seeds of racism.
Except India is resisting the use of the RMB and salivating in the prospect of the Rupees being the one . Well if that happens then India can demonitise the rupees anytime they feel they are being insulted or their wishes not met .
You can't force anyone to trade with you; just as you are saying you can't force others to use your currency. Trading with any country is a privilege not a right.
Now we know the true definition of democracy
"Seemingly, 'old is gold' was originally meant to signify holding onto gold reserves rather than paper currency."
What a great thing he is planning to do. As a proud Indian🇮🇳, I really love ♥ and have a lot of respect for the incredible work of Palki Sharma really interesting story *How British looted 45 trillion from India* which is as a masterpiece of the highest quality. Its content is truly inspiring and I thoroughly enjoy watching it. The dedication, talent and hard work poured into the video are greatly appreciated by many. The Indian Union Public Service Commission has also deliver a remarkable report titled संघ लोक सेवा आयोग *How Britishers killed 1.8 billion Indians. Chronology of British Raj's exploitative policies* | UPSC," is equally astounding. The Indian government consistently produce insightful and thought-provoking articles of the utmost caliber. I sincerely hope they continue to produce such captivating exceptional work. Can it even get better than that? They deserve an award for best report of the year. Thank you for telling the truth.
how much u get paid by the party? copy pasting this same comment on all videos must be hardwork all day
@@A.K.00 it’s a Chinese Bot, suspect the US does the same, the web is becoming totally AI fake information
Is It DNA Problem: विज्ञान के 643 नोबेल: 330 करोड़ Population वाले हिंदू, मुस्लिम को सिर्फ 4-4 बार kzhead.info/sun/fMyFfNieeIWhnp8/bejne.html Please get out of the past (stop wishful thinking) and face the reality today and stop blaming others for your failure. As long as you blame others for your failure you will never be able rectify the root cause which is always within yourself. The easiest/laziest thing to do is to potray yourself as a victim.Hamesha maranewale ke ghalti hoti hai maarne vale ke nahi. If not Babar Changez Khan if not British Spanish.
The big bullies are the one's needed to be punished.
American politicians speaking like this should be more than enough reason to further speed up dedollariAtion
The last statement was perfect!
When India tried to pay Russia in Rupees, Russia refused it recently.
It's not a pipe dream, sweetheart. Many countries have already started using local currencies. Get used to it!
Trading in weak currencies? 😂
@@ProfessorFickle Yes "Professor"! The strength of the currency is not really the issue. More and more countries are ditching the $$$. Arrogance and complacency - the same that exudes from your ignorant comment - will bring about the end of the dollar as the world reserve currency.
@@AZ-zr5oo: So brics+ will use Chinese currency 💴? No one used the Russian Ruble or Indian Rupee for trade to counter US dollar 💵.
@@ProfessorFickle lol, Chinese yuan?? Gold , hard Assets
@@ProfessorFickle Not only are Russia and India using the rupee to trade, but other countries are using their own currencies too. The UAE has already used its digital dirham to trade with China, though it was a small transaction. ASEAN countries have a local currency system in place. At the same time, lots of countries are also bartering. Once Russia's 300 billion is seized, the process will only accelerate.
US is desperate now... GO BRICS GO!!!
The U.S. is not desperate lol. If you want to drop the dollar, then the United States is not going to trade with you. If the United States stopped trading with China and India, they would go straight down the tubes. On the plus side the economically illiterate populations of those countries will learn a valuable lesson about global trade.
De-dollarisation is a natural phenomena reacting to a deeply entrenched and prolonged Causes. Even trumpet cannot stop nature.
Nothing remains the same forever, Once the idea comes up it's going to happen no matter what, Sanctions hv rather improve a lot of countries in resent times.
If India was at U.S' position, the world might have a faster development process, as India believes world is one family and everyone's support is everyone's progress. U.S. is neither an ally nor an enemy, but most importantly, U.S cannot be trusted and is the biggest threat of whole world. Rather than solving issues diplomatically like what India suggests, supplying arms to the nation and bennifiting from their sales shows U.S' true colors.
No, no, no, Indian Wagyu are a family, different from us.
India believes in India. Period. I am not criticizing that. I wish my country was like that. But India does not believe world is one family.
India is worse than the US. Why did India ban hundreds of apps and companies from China then?
@@ssdhusg6042 😅😂🤣
Trump's days in politic are over! So who give a F?!
Well, looks like he's coming back unless he going to jail first.
@@dice138 jail or not there is no comming back for the adult child🧠
@@BrendanPowel money talks in the USA.
@@MSDGroup-ez6zk money talk everwhere but you can't exchange bullshits!!
@@BrendanPowel yeah exchange bullshit like in Iraqi WMD case. LOL
The man who printed highest amount of dollars, means pushed doller from cliff talking opposite. No country now finding values in unlimited printing press.
India turns to feel the heat from the ruffian USA 🎉😂😂😂
Now thing is out of control, no one can stop this. India and China economy are big if they sanctions it will impact hard enough to US. Who knows to tackle US, russia, china and India stand together
along with Iran, Brazil, and North Korea, and the African, and Islamic nations, that is a very strong alliance.
Are you alright? Russia and the US. Good Lord, that will never happen. Looks more like Russia and China vs the rest. Leave India out of this. I'm an Indian, living in Melbourne Australia, but I certainly don't want Trump getting his dirty filthy hands on India. He can hiss off to Russia or China.
@@user-rr5ui8eo9x All the Dictators. I dont believe people make these comments so freely. Never mind about the rest of the Free World. Some people need a crash course in Foreign policy .
If only India and China will cooperate but India is always the weakest link
@@Jay-ne2st China, Russia, South Africa, Iran, Brazil, and the African Union would be more than enough. let India keep twisting and go
Depending on oil and US dollar both are destructive in the long turm🎉😢 it’s important to build an alternate opposite currency
Because all the other alternate opposite currencies (whatever that means) have worked out so well.
The alternative currency will have to be based on valuable needed commodities like agriculture, energy, technology and transportation.
People finally starting to wake up 🎉