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CURRENCY WARS Case study Ep 2 –

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VIDEO INTRODUCTION: The US Dollar has been the most powerful currency in the world for 80 Long years and like we saw in the previous episode, this reserve currency status gives the United states such unprecedented power over the world economy that it can cripple the economy of any country within a fortnight! and because of this power, it has even dominated giant players like Russia and China!! but you know what?? this is where China and Russia have come up with a master plan to kill the dollar dominance in the world!! and if you look at the past 10 years’ data, you will see that it’s actually working out!! In 1999, USD had a 71% market share among the global reserve currencies but in the past 10 years, it has dropped to less than 59% and in the next 10 years, if this strategy of China and Russia works, we are seeing the rise of a new reserve currency

So the question is,
What is the master plan of China and Russia to kill the dollar dominance in the world?
How do they plan to dethrone the US from the superpower status of the world?
and lastly, what are the study materials to help you understand this rise of the new reserve currency of the world?

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The post How Russia-China’s ECONOMIC STRATEGY is CRUSHING the DOLLAR? : CURRENCY WARS Case study Ep 2 appeared first on HumanitasConnects.

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