Dollar in Crisis

TimeForSomethingNew

4/24/2025

Dollar in Crisis

Transcript

00:00Have you ever wondered what would happen if the dollar suddenly collapsed one day?

00:04The dollar, which drives the world's economy today,

00:07forms the basis of the policies of governments, companies, and banks in every country.

00:12If the dollar falls, how will the world survive?

00:16In 2025, we are at a point where America's power is faltering.

00:20The fire of the trade war has reignited.

00:23Trump, who once called himself a dealmaker,

00:25is now trapped in a game where every move is a step backward.

00:30The S&P 500 Index, considered a reflection of America's economic health,

00:35lost $2.5 trillion in a single day.

00:38This loss has robbed investors of sleep at night and confidence during the day.

00:43But the story is not just about America.

00:46China has been quietly working behind the scenes and has now struck.

00:50America's tariffs are no longer being countered with trade, but with a currency war.

00:55China has issued a directive.

00:56From now on, the yuan, not the dollar, will be used in foreign trade.

01:02In other words, China is cutting the roots of the American dollar's dominance.

01:06And America?

01:07Trump is pressuring the Federal Reserve to implement emergency rate cuts.

01:11That is, to lower interest rates to keep the economy afloat.

01:14But with rising inflation and the dollar's value already declining,

01:18such measures push the American economy further into decline.

01:21And this is exactly what is happening.

01:23The bond market is crashing, the dollar is weakening, and gold prices are soaring.

01:28Today, more than 120 countries trade with China.

01:32From the emerging powers of Asia to the developing economies of Africa,

01:36from Australia's supply chains to the industries of Eastern Europe and even distant Latin America,

01:41China's total trade now exceeds $6.1 trillion, surpassing the long-standing trade leader,

01:47America, and a major shift has begun.

01:51China is not just a trade superpower.

01:53It is now pursuing de-dollarization.

01:56At one point, 83% of international payments were in dollars,

02:00but this figure has now fallen below 40%.

02:03The yuan is gradually emerging as a new global currency,

02:07and the language of the world's economic future is changing.

02:11America is weakening from within.

02:13The middle class, once the backbone of the country's economy, is deteriorating.

02:19Life is becoming harder for the average person.

02:21Imports are rising, putting pressure on the domestic market.

02:25Meanwhile, America's domestic industries are grappling with a severe supply chain crisis,

02:31affecting both production and trade.

02:33Politicians like Trump repeatedly claim everything is fine and there will be no crisis.

02:38But the truth is, economics and statistics tell a different story.

02:42All leading indicators clearly show that America is heading toward a crisis,

02:46and this situation is growing more serious by the day.

02:49If a crisis hits America, it will not only affect its economy,

02:53but it will also have a global impact.

02:55Once the crisis subsides,

02:57global trust in commercial activity may shift away from America and toward China,

03:02which has already solidified its position in international trade.

03:05China is now integrating its cross-border payment system with blockchain technology,

03:10ensuring it is immune to foreign pressure or U.S. sanctions.

03:14This means China is now fully self-reliant in its economic affairs,

03:18and it is ready to promote its currency, the yuan, worldwide.

03:23It will not bow to any country or institution regarding its currency,

03:26because its goal is to break free from the dollar

03:29and establish a new economic system entirely under China's control.

03:33As a result, any country or industry trading with China

03:37will have to accept the yuan instead of the dollar.

03:40If this trend takes hold in global trade,

03:43the dollar's dominance will gradually erode.

03:45And if the world embraces this change,

03:47the dollar's role will fundamentally shift.

03:50This will be a major blow to American dominance,

03:53as the dollar remains the world's largest reserve currency.

03:56Following China and Russia,

03:58India is also promoting trade in local currencies instead of the dollar.

04:01Trade between India and Russia is now conducted 90% in local currencies,

04:07such as rupees and rubles.

04:09In 2023-24, trade between the two countries reached $65 billion,

04:15of which India's share was only $4 billion,

04:18with $61.4 billion.

04:22The aim of this shift is to reduce dependence on the American dollar

04:25and strengthen trade ties between the two nations.

04:28If such trends continue,

04:31they could challenge the dollar's role in international trade

04:33and reshape the global economic system.

04:36China's digital yuan has already facilitated international transactions

04:40worth $724.9 billion,

04:44accounting for 54.3% of China's total international trade.

04:49This means China has successfully made its digital currency

04:53a key component of global trade.

04:56This is a significant step,

04:58as China's digital currency is emerging as a major payment method in trade with other countries.

05:03At the same time,

05:04it is creating a new dynamic in trade relations with America and other Western nations.

05:09Additionally,

05:10China plans to use its digital yuan,

05:12not only with its business partners,

05:14but also in countries seeking to reduce their reliance on the dollar.

05:17This clearly suggests that the yuan's role in the world of digital currencies

05:22could grow further in the future.

05:24Moreover,

05:25China's actions indicate that other countries may also increase the use of their digital currencies,

05:30which could play a significant role in promoting local and digital currencies

05:34over the dollar in global trade.

05:36Amid all this,

05:37a key indicator is that the value of gold has surpassed 3,000 shunshan hans marking a historic milestone.

05:43This is not just a number.

05:45It has become a symbol of global economic and financial instability.

05:49The rise in gold's value is now a signal,

05:51pointing to potential shifts in the global financial system as trust and stability are sought.

05:56The surge in gold prices shows that investors are gravitating towards safe and stable assets.

06:01This is a time when the global financial system needs reform,

06:05and people are striving to secure their investments in stronger, long-term assets.

06:09These rising values reflect economic uncertainties,

06:12including the risks of trade wars, currency depreciation, and global inflation.

06:17These changes highlight the need for stability in the global financial system,

06:21and people are seeking stronger options for the future.

06:23The rise in gold's value shows that people are now vigilant about securing their financial future.

06:28The question is no longer just where we stand,

06:31but whether we are truly moving toward a new era.

06:34If you found this video informative, please like, share, and subscribe.

06:38Thank you for watching, and I'll see you soon.

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