๐จ๐จ๐จ THE WORLD IS MOVING AWAY FROM THE DOLLAR. ๐จ๐จ๐จ
๐จ๐ณ China โ Buys 90% of Iranโs oil outside the dollar. Using CIPS and yuan oil trading.
๐ท๐บ Russia โ Most trade with China now in yuan and ruble. Dollar reserves almost gone.
๐ธ๐ฆ Saudi Arabia โ Starting to accept yuan for some oil deals with China.
๐ฎ๐ท Iran โ Using crypto and Bitcoin mining to avoid SWIFT and sanctions.
๐ฎ๐ณ India โ Buying Russian oil using rupees instead of dollars.
๐ง๐ท Brazil โ Trading with China using yuan instead of dollars.
๐ฆ๐ช UAE โ Testing new payment system that works without SWIFT.
๐ฎ๐ถ Iraq โ Allowing yuan payments for Chinese imports.
๐ฟ๐ฆ South Africa โ Working on a BRICS payment system to reduce dollar use.
๐ฒ๐พ Malaysia โ Pushing for an Asian fund to move away from the dollar.
๐ฆ๐ฟ Azerbaijan โ Expanding yuan trade with China.
๐ฐ๐ฟ Kazakhstan โ Growing yuan-based trade with China.
๐ BRICS โ Now 10 members. Total economy getting closer to the size of the U.S.
๐ฐ IMF Data โ Dollar share of global reserves now 56.9%. It was 71% in 2000.
๐ฅ Gold โ $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.
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