African Stream Trump: Demise Of $ Worse Than Losing War! #Shorts
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The days of the dollar’s global dominance could be numbered - and 45th US President (plus wannabe 47th) Donald Trump doesn’t like it one bit. In this clip, watch him claim that it would be “worse than losing any war.”
Others would disagree, of course. Ever since the USD was made the global reserve currency at the Bretton Woods Conference in 1944, Washington has been weaponising it via sanctions - for example, by cutting off ‘pariah’ countries from the global banking system. Africa in particular has been a target.
And the US has taken catastrophic action to ensure the dollar remains top dog among currencies. In 2011, the world watched as US-led NATO jets pummelled Libya with bombs on the pretext of a humanitarian intervention. But leaked e-mails from Hillary Clinton later revealed another key aim behind the intervention: to stop Gaddafi from launching his Pan-African Gold Dinar. This oil-backed currency could have freed Africa from economic bondage, rivalling the dollar and the euro, as well as putting an end to the exploitative Paris-controlled CFA franc.
Dollar dominance is one reason why the US has remained the epicentre of global economic power. But moves are afoot to change this. The BRICS bloc of economies - currently embracing Brazil, Russia, India, China and South Africa - accounts for 16% of the world’s trade, and a larger share of the world’s GDP than the G7. It wants to harness this collective might by launching a new currency. With over 40 additional countries reportedly interested in joining the alliance, such a currency would surely diminish the power of the dollar and thereby that of the United States.
It might be a doomsday scenario as far as Trump (and America) is concerned, but it would be a liberation for much of the rest of the world. What do you think?
#Dollar #Global #Dominance #DonaldTrump #Currency #BrettonWoods #Conference #Washington #Weaponising #Sanctions #Africa #NATO #Libya #Humanitarian #Intervention #HillaryClinton #Gaddafi #PanAfrican #Economy
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