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Topic: Moneyflow towards the Dollar - page 3. (Read 439 times)

full member
Activity: 378
Merit: 172
June 17, 2024, 07:23:48 AM
#5
Brics is taken as a instrument like the Euro. But its not.
It becomes clearer that it is a political instrument not supported by capital investors.
After Covid the US drew more than a third of investments towards the US. Especially private investment which is the engine that makes our world economy run that nicely.  Even if you hate the US, the US is the engine of the world. There is no alternative.

To an extend, the COVID happened to be stipulated program to crumble the economy in a global factorization while the US as the world power had already made an hedge abscond the disasterous economy outbreak.
So obviously the US government intentionally launched that program after covering its economy systems up while other countries economy suffers COVID outcome with the crumbling of the economy.

I think it was as cause of the US feared about economy growths of some countries with the Influential approach to overtake them. That is as a global economy conflict which the US government resisted while other countries were victimized.

However, the US government should not feel so unwavery because the effects economy system of China and India is quite potential to outstand the US economy.
This US government with our without being watchful will be toppled because it is not an ordained that they would stay I power til infinity. This would be by revolution or evolution
legendary
Activity: 896
Merit: 1020
June 17, 2024, 06:49:55 AM
#4
Brics is taken as a instrument like the Euro. But its not.
It becomes clearer that it is a political instrument not supported by capital investors.
After Covid the US drew more than a third of investments towards the US. Especially private investment which is the engine that makes our world economy run that nicely.  Even if you hate the US, the US is the engine of the world. There is no alternative.

BRICS alliance has been a toothless bulldog because they have not been able to implement most of their resolutions. We have seen them come up with different resolutions in their summits but they have not been able to unite and achieve them. It seems that each member nation has its reason for joining the alliance. Until they come up with a single purpose and back it up with actions, they continue to be a paperweight.

You had to think of writing this now? I don't know, with the latest news, maybe it wasn't the best time:

Saudi Arabia's petro-dollar exit: A global finance paradigm shift

The long-term effect remains to be seen, but it will not exactly cause a flow towards the dollar, although it will remain the reserve currency for the time being.

The trade-in dollars between the US and Saudi Arabia is just 0.7% of the $16 trillion global trade-in dollars. So Saudi ditching of the petrodollar deal might look insignificant.  However we see it, one thing is clear the US has lost a worthy business deal that made the dollars influential in the Middle East. The dollar remains the dominant currency until there is strong competition maybe from the BRICs alliance.

https://www.quora.com/What-is-the-implication-of-Saudi-Arabia-refusing-to-renew-the-petrodollar-agreement
legendary
Activity: 1372
Merit: 2017
June 16, 2024, 11:58:18 PM
#3
You had to think of writing this now? I don't know, with the latest news, maybe it wasn't the best time:

Saudi Arabia's petro-dollar exit: A global finance paradigm shift

The long-term effect remains to be seen, but it will not exactly cause a flow towards the dollar, although it will remain the reserve currency for the time being.

member
Activity: 97
Merit: 43
June 16, 2024, 10:28:03 PM
#2
Money-flow is interesting, It shows where the capital feels safe. Remember the US is the world economic engine.

Countries get abused, but it is mostly the local politicians who sell out the collective national interest.
Something about the USA and the US dollar you must know.

The USA government has biggest national debt according to World Debt Clock and USA Debt Clock.
https://www.usdebtclock.org/world-debt-clock.html
https://www.usdebtclock.org/

The US dollar loses its purchasing power a lot since many years.
Purchasing power of the U.S. Dollar over time
member
Activity: 672
Merit: 16
Looking for guilt best look first into a mirror
June 16, 2024, 04:26:01 PM
#1
Brics is taken as a instrument like the Euro. But its not.
It becomes clearer that it is a political instrument not supported by capital investors.
After Covid the US drew more than a third of investments towards the US. Especially private investment which is the engine that makes our world economy run that nicely.  Even if you hate the US, the US is the engine of the world. There is no alternative.

One Alternative failed which was the dream of Simon Bolivar, a counterweight to the US:

Quote
His ultimate dream was to unite these lands into a single new nation called Gran Colombia.
https://www.historytools.org/stories/discovering-simon-bolivars-legacy-at-colombias-quinta-de-bolivar-museum

The Bloomberg Article on money-flow and how a 3rd ended up in the US, https://archive.is/zg0XG gives:

Quote from: Bloomberg
For all the angst over the dollar’s dominance, a run-up in US interest rates to the highest levels in decades proved a major draw for overseas investors. The US has also pulled in a fresh wave of foreign direct investment (FDI) thanks to billions of dollars worth of incentives under President Joe Biden’s initiatives to spur renewable energy and semiconductor production.

Money-flow is interesting, It shows where the capital feels safe. Remember the US is the world economic engine.

Countries get abused, but it is mostly the local politicians who sell out the collective national interest.
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