healthmyths
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Inflation, De-dollarization, and Russia's Ultimate Goal for War in Ukraine
Was Ukraine only a pawn in the way of Vladimir Putin and Xi Jinping's grand ambitions?
What did Vladimir Putin and Xi Jinping think Western Nations would do in response to Russia’s invasion of Ukraine? The United States and the European Union would most likely refuse to join a kinetic war against the world’s greatest nuclear power. Therefore, they would be limited to sending military aid, imposing economic sanctions, and at the very most, excluding Russia from the SWIFT financial systemTheir ultimate goal has always been to displace the U.S. at the apex of the global pyramid, and therefore, to end the role of the dollar as the global reserve currency.
Inflation, De-dollarization, and Russia's Ultimate Goal for War in Ukraine
Was Ukraine only a pawn in the way of Vladimir Putin and Xi Jinping's grand ambitions?
kanekoa.substack.com
Really? So Vlad/Xi want to replace with what the economies that generate over 28% of the world's GDP.
China at 18.33% depends on the USA for generating it's GDP.
Countries with the largest proportion of global gross domestic product (GDP) 2023 | Statista
The statistic shows the 20 countries with the largest proportion of the global gross domestic product (GDP) based on Purchasing Power Parity (PPP) in 2023.
www.statista.com
5 charts show how much the U.S. and Chinese economies depend on each other
As U.S.-China rivalry intensifies, investors and analysts are increasingly worried that the two economies will grow more distant from each other.
www.cnbc.com
So replacing the dollar is the objective... what does China have to say about that?