InGold BricksOn the eve of the national summit, the eyes of the world are focused on the imminent ratification of accessionGold Brickson the list of countries. Out of the large number of applicants, only 6 countries were successfulGold BricksThe decision of Argentina, which was unexpectedly reversed from other countries, declared its refusal to joinGold Bricks。The decision has attracted global attention and speculation, and people are wondering what the motives and considerations behind Argentina are.
Argentina's refusal to joinGold Bricks, not just rightGold BricksA response from the organization is also a microcosm of the country's current overall foreign exchange policy. Argentina has been the leader in recent years as more and more emerging countries are gradually reducing their dependence on the US dollar. Priority is given to use from ** with ChinaRMBSettle and choose to use it when it comes to repaying the U.S. dollar debt as it maturesRMBThese moves reflect Argentina's efforts to move away from the influence of the dollar and towards full de-dollarization.
Argentina relied on it as early as the end of the 19th centuryAnimal husbandrykarma andPlantationsIt becameDeveloped countries, ranking first in the world in terms of GDP per capita. However, with the strong rise of the United States, Argentina began to suffer from various troubles and challenges, and inflation became an inherent problem in the country. Especially in recent years, inflation has soared to more than 140%, prices have continued, the exchange rate has not stopped, and the official exchange rate of the Argentine peso to the US dollar has fallen to 00028, a circumstance that led the Argentine authorities to consider de-dollarization an unsuccessful option.
After Argentina's new ** Milley took office, the *** chief he personally appointed expressed through social ** that Argentina would not joinGold BricksThe position of the organization. This decision represents Argentina's presenceInternationalA completely new route was chosen on the stage, which will be sought on the basis of dollarizationEconomyStability and development.
Gold BricksThe expansion plan of the national organization has always attracted the attention and expectation of all countries, and this year's leaders' summit also put this topic in an important position. Before the summit, apply for ** entryGold BricksThe number of countries exceeded 40, while 23 formal applications had been filed. After discussion and consideration, the final meeting decided to approve the accession of Argentina, Iran, Egypt, Ethiopia, Saudi Arabia and the United Arab EmiratesGold BricksState organizations.
As a country that has applied for access, the news of Argentina's approval has made its country and its people extremely happy. Previously, the high-level meeting between Argentina and Brazil had put forward the idea of promoting the South American region to launch a unified internal currency, the South dollar, and joinedGold BricksThe organization of countries is also an important step towards de-dollarization in Argentina.
Argentina used to be oneEconomyDeveloped countries, by virtue ofAnimal husbandrykarma andPlantationsbecame the worldEconomyOne of the pillars. However, after the rise of the United States in the 20th century, Argentina'sEconomybegan to go downhill and eventually degenerated into a poor country. This shift was:Nobel Prize in EconomicsThe recipients called it the "miracle of decay".
At the end of the 19th century, Argentina relied on exportsAnimal husbandryproducts andPlantationsThe product earns a lot of foreign exchange income and becomes oneDeveloped countries。The great development plan of the Pampas steppe made Argentina'sPlantationsFlourished, broughtEconomyof prosperity. However, the rise of the United States has caused Argentina to gradually lose its competitivenessEconomyThere is no longer prosperity, and the per capita GDP ranking is gradually declining.
Inflation has become a tradition in Argentina. Prices continue to **, exchange rates continue to **, to ArgentinaEconomyDevelopment has brought tremendous pressure and distress. Argentina's new ** decision has formed a contrarian line of thinking, arguing that full dollarization is the more stable and reliable option, and also to get rid ofEconomyA way of dilemma.
Argentina decided to refuse to joinGold BricksThe state organizes and fully dollarizes, givesInternationalSociety has brought no small shocks and shocks. Argentina is behind this decisionEconomyThe pressures and dilemmas of development, as well as the reflection and challenge of the hegemony of the dollar. Although some people are skeptical about this decision, however, Argentina** and the people are not interested in getting outEconomyThe declining determination and confidence is palpable.
GloballyEconomyUnder the changing situation, the choices and strategies of all countries will be rightInternationalEconomyPatterns have an important impact. Argentina's decision will have a series of ripple effects, and in the process, we should also reflect on and examine the choices of various countries, and seek new opportunities and paths for cooperation and development.