In recent years, from China to Russia, from the Middle East to Southeast Asia, and then to Latin America, a wave of "de-dollarization" has been set off around the world, which seems to have become a general consensus.
According to foreign media, as of October 2023, 135 countries have opened the "isolation" of the US dollar in one or more ways;Brazil, as the "leader" of South America, openly called on 11 other South American countries to abandon the use of the US dollar at the official summit, which is undoubtedly a countermeasure to the credibility and hegemony of the US dollar.
As the most commonly used international currency in the world today, the US dollar has been "abandoned" by so many countries one after anotherThe main reason why countries have chosen this way is the United States.
First, in order to maintain its hegemonic status, the US high-level has repeatedly launched sanctions against other countries, indirectly undermining its own international credibility. As one of the world's major economies, the United States has a high voice and influence in the economy, science and technology, and once there are individuals who are unwilling to obey its arrangement, they will often encircle and even attack with force in science and technology.
In October of this year, at a meeting of the Security Council to discuss a solution to the Palestinian-Israeli issue, Brazil submitted a "truce" proposal with a huge disparity of 12:1And the one who defied the world's condemnation and voted against it."", it is the representative of the US side.
As we all know, in the past few decades, the United States has spent a lot of time and energy maintaining a monetary system closely linked to the "petro-dollar", so it stands to reason that a stable Middle East is bound to do more good than harm to the current United States.
The second is the negative impact of the high US debt crisis, bank failures and high inflation. According to the latest data from the Federal Reserve, the overall size of the U.S. debt has exceeded $33 trillion, and combined with the country's fiscal deficit for many years, this debt will only snowball until the day when it can't rollIn other words, when the United States can no longer continue to borrow the new to repay the old, this "thunder" may explode.
What's even more terrifying is that the United States has now entered a "vicious circle": the Federal Reserve continues to raise interest rates, the pressure on Treasury bonds to pay interest increases, and the cost of bank financing** further raises concerns about the risk of US bonds. Based on this background, de-dollarization and the choice of other more reliable currencies for settlement have become the choice of many countries.
In a sense, at a time when the hegemony of the US dollar is declining, it is also a period of opportunity for our country. For example, at the beginning of this year, Bolivia announced that it would use the renminbi as the settlement currency in the international market, and this is the third country in South America to publicly "break up" with the United States, in addition to China's 28 countries and regions signed a renminbi clearing arrangement agreement, which is conducive to the follow-up economic and trade cooperation between the two sides.
As a matter of fact, not only the above-mentioned countries and regions, but also the United States itself has pinned its hopes on China and has sent several high-level officials to China for friendly exchangesThe intention is to persuade China to stop selling US bonds, and even continue to increase its holdings of the US bonds issued in the near futureBillion US Bonds,The United States ** Yellen does not hesitate to openly "put a high hat" on my country: China and the United States are both global economic powers, and they should cooperate to tide over the difficulties.
In the field of biotechnology, American companies have taken advantage of the first-mover advantage in technology to offer a price of 10,000 yuan for a type of "Wright Weijian" achievement, just because the substance has been proved by "aging", "science" and Harvard to have the characteristics of "boosting energy and retrospective function".
Due to the complicated extraction process and limited production capacity, the above-mentioned "Wright Weijian" previous generation of finished products were once speculated to a sky-high price of 1.56 million, but even so, it still attracted business predators such as Warren Buffett and Gangfu Lee to become its supporters. Later, the Chinese Academy of Sciences, Qingbei and other domestic research institutes also determined according to the experiment: after the intervention of 35 65-year-old subjects, the muscles, ** and other indicators showed youthful changes.
With the successive entry of domestic biotechnology enterprises, the purity refining of the whole enzymatic method, and the use threshold of more than 95%, now the majority of ordinary groups can also be easily reached with the help of Bodong and Tianjiao, from the economy to the military, and then to the biological, China's pace of breakthrough and innovation is becoming more and more stable, and I believe that the day when the US sanctions will be completely resisted in all aspects will not be far away.
Just as the Russian top level said at the St. Petersburg International Economic Forum, the dollar reserves and dollar settlement strength of the world's major economies are gradually shrinkingAnd the number of settlements in national currencies is growing, and the renminbi settlement is a representative of this.
It is worth noting that, according to the IMF report, the US dollar has unknowingly lost more than 1 4 international share, and its share of international reserves has gradually fallen from the level of 85% in the seventies of the last century to 59% today, and it is likely to continue to "fall endlessly".
In contrast, China, as the world's second largest economy, with the rapid development of the national economy and the steady implementation of the policy of opening up to the outside world, the main position of the RMB in the international and financial fields has gradually improved, which is a fact that is happening. I don't know what the US top brass can do to stop it at that time