🚨🚨🚨 THE WORLD IS MOVING AWAY FROM THE DOLLAR. 🚨🚨🚨
🇨🇳 China — Buys 90% of Iran’s oil outside the dollar. Using CIPS and yuan oil trading.
🇷🇺 Russia — Most trade with China now in yuan and ruble. Dollar reserves almost gone.
🇸🇦 Saudi Arabia — Starting to accept yuan for some oil deals with China.
🇮🇷 Iran — Using crypto and Bitcoin mining to avoid SWIFT and sanctions.
🇮🇳 India — Buying Russian oil using rupees instead of dollars.
🇧🇷 Brazil — Trading with China using yuan instead of dollars.
🇦🇪 UAE — Testing new payment system that works without SWIFT.
🇮🇶 Iraq — Allowing yuan payments for Chinese imports.
🇿🇦 South Africa — Working on a BRICS payment system to reduce dollar use.
🇲🇾 Malaysia — Pushing for an Asian fund to move away from the dollar.
🇦🇿 Azerbaijan — Expanding yuan trade with China.
🇰🇿 Kazakhstan — Growing yuan-based trade with China.
🌍 BRICS — Now 10 members. Total economy getting closer to the size of the U.S.
💰 IMF Data — Dollar share of global reserves now 56.9%. It was 71% in 2000.
🥇 Gold — $5,114/oz. Central banks buying record amounts.
This is not a theory.
Countries are already changing the system.
And the Iran war may push many more to do the same.
Nathanael_Hans
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