KSA Ditches the Perto-Dollar, so Are 16 more Countries in 2024! Conversation w/Angelo Giuliano!
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- čas přidán 16. 06. 2024
- Following the seismic news about Saudi Arabia's decision not to renew its 50-year Petro-Dollar deal with the US, 20 more countries are set to permanently ditch the US dollars this year. What is the economic rationale behind De-Dollarization? What will the US do?
Join me live 6/17/24 @ 0800AM (CST) for this fascinating conversation w/Angelo Giuliano as he answers these questions and more…
Thanks for watching the video, and don't forget to subscribe to my channel for more updates on this developing situation.
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Entrepreneur, Geopolitical and financial analyst
Angelo Giuliano 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻 安德龙
X: @angeloinchina - Zábava
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What a blast of honesty and truth about China as no other faking Western media or news can ever provide....
Never fail to be intrigued and surprised in a good way from watching this channel of David"s ....
May the Mandate of Heaven bless and protect you in perpetrating Peace, Love and Prosperity for all of Mankind...
@@richardseeto1182 Your kind words mean a lot to me more than you can imagine, Ruchard. Truly appreciate your support....
@@geopoliticaltrendsGreat to see Angelo here! Dr. O you need to go down the list now: Brian Berletic, Daniel Dumbrill, Jerry Grey, Fernando Munoz Bernal, Alex of Reporterfy Media etc. (all except for Brian reside in China). Would be great to see all of you come full-circle!!! 😉
@@fzmoifzmoi2575 Great idea!!!
too late. china is too strong now for a taste of american democracy😂
Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Christy Fiore ❤️
Hello!! how do you make such monthly, I’m a born Christian and sometimes I feel so down of myself 😭 because of low finance but I still believe God
Thanks to my co-worker (Carson ) who suggested Ms Christy Fiore
She's a licensed broker here in the states🇺🇸 and finance advisor.
After I raised up to 525k trading with her I bought a new House and a car here in the states🇺🇸🇺🇸 also paid for my son's surgery….Glory to God, shalom.
Can I also do it??? My life is facing lots of challenges lately
The Dollar lost the support system 20 years ago.
The Government Officials are just running out of
excuses to make us assume it retains value.
Treasury has not Kept Up with costs associated
with operations of a Major Colonial Empire.
The illusion has lost meaning.
Look, we don't need your nonsense. The comment section reflex their dislike of America, that's fine. But don't think just because you dislike America all sudden you can predict "Capital Markets". People who have tried have lost their life saving betting against America and their currency.
@@anadasingh3456 Good Salesmen were saying that in 1929.......................Right?
Did you intend to insert a sarcasm Emoji?
@@danielhutchinson6604 Look you scam artist if you really knew where the market was going you taken you life saving and bet the farm. But you didn't did you! Save your pathetic scam for someone else. For a guy doesn't read economic reports and can't tell the difference between what stock and bond is we don't need your uniformed opinion on matters you have no clue what you are talking about.
@@danielhutchinson6604 Uh, your a total joke you don't even now what a currency is in the first place.
Just wondering why most USA allies currencies performed as good as the USA while the 144 countries outside the USA allies majority their currencies are having poor performance.
Also check there were unsual high FDI From.the US to its allies before going to other US allies. Why?
Angelo is a great guest! Would definitely love to hear from him again! Thank you Gents, kerp up the good work! ❤😊
I'll bringing him back in due time!!1
Angelo is a man with wisdom and keen insights when it comes to geopolitics. So refreshing to hear from someone who has lived in China for many years and has a deep and unbiased understanding of the Chinese culture, psyche and system.
It’s quite astonishing to hear a westerner capable of drawing the fundamental distinctions between Chinese and western ways of dealing with challenges and disputes. Impressive.
Bravo! Thanks for the video.
Indeed, and all the credit goes to Angelo!!
Over 50 countries wanting to join Brics...that is OVER Capacity. Imposing evil Petrol Dollar now becomes Petrol Karma.
Keep dreaming. Why is Saudi so quiet? She has to obey her master otherwise land up like Iraq n Libya.
well said!!
@@stephenwang9567stop watching too many Hollywood movies and lay off the drugs.
@@stephenwang9567 Nah. We don't give a fuck about the ME anymore. Lowest troop deployment in 6 decades and getting smaller. We'll never go back now that we're the No. 1 energy producer in the world.
the IMF stated otherwise that USD is so solid. However when I checked the world currencies it can be seen clearly that most USA allies currencies are good while most non-USA allies currencies are so bad such as China Renminbi, Russia Ruble, Iranian Real, Venezuelan Bolivar, Indonesian Rupiah, etc.
I’m very impressed with Angelou’s points. Politics is really about interests and not so much of emotions. One needs really to go through trials and tribulations before one could get to a position of power… not from popular opinions…
Spot on, Boon! as a financial/political analyst, Angelo possesses the required depth in articulating the issues...
I want to thank Angelo Giuliano for his in depth explanation of the dichotomy in the changing world of global economics especially towards BRICS and dedollarisation.
Indeed! He was kind enough to allocate time for after working all day...
Don't think just because you dislike America all of sudden you can predict "Capital Markets". Case in point two years ago Saudi Arabia cut oil production, President Biden failed to get the Saudi raise their oil production. Oil prices start a bull market run, so oil traders believe that President Biden was old and demented going lose, bet hard that oil prices would rise. The Sleepy Joe Biden released 115 million barrels of oil from America's Strategic Petroleum Reserve. Oil trader got caught out and got screwed with their pants on. President Biden made a huge profit of 6 billion dollars, and oil trades and Saudi Arabia lost everything bet long on the oil market.
Don't try to predict Global Financial markets when one you haven't really taken any classes in "Capital Markets" or "Economics". Second, try reading economics' reports first before jumping to any conclusions.
@@anadasingh3456????? I suppose you are an expert.
@@kaineamachree4945 At the very lease I know what I'm talking about because unlike you I study Capital Markets, and read economic reports.
It is infortunate that in the past, I saw Angelo present with other youtubers, and they unwittingly ignore or cut off his comments. Kudos, Dr. O for patiently allowing Angelo to speak in all entirety. Only this way can we hear how brilliant he is.
like I always say, "Truth Matters"!!
This man is good !
Thank you gentlemen
You're welcome!!
JILL STEIN'S PLATFORM is all about making a smooth transition from our empire's zero sum paradigm to the multipolar world paradigm of mutually beneficial relationships, win-win.
LET'S SUPPORT JILL STEIN FOR A SANE, SMOOTH TRANSACTION TO THE NEW MULTI-POLAR ORDER!!! ❤
FYI: Sent here an invitation to come on the show and I'm waiting to hear back!!
only one that is anti war n speak out aga juS war machine.
you should give big credits to Trump/Biden for creating multi-polar world, which USA is self inflicted wounds economically
...and Obama, Bush....
Be a gentleman
Love Angelo!
great guy!!
By PPP, Russia has already eclipsed Japan and certainly a weakened Germany. A gas station masquerading as a country, did some nobody say?
How many chips can you buy for 100 PPP 😂
lol that some nobody of an evil warmonger is now sitting in hell beside his master satan.
@@ua697 do write some more.. haven't a bloody clue what you are trying to say..
indeed! Mainstream media does not want the masses to know...
@@geopoliticaltrends Or it's just not the big deal you think (and hope) it is. We'll see. What will you say is the sky is still in place 6 months from now? At the very least, it will be entertaining.
Very good David . I have listened to your guest many times. Life is a journey not a destination . Enjoy the journey . Kia Kaha from way way down under in Aotearoa NZ
Cheers!!
thank you, John!!
All are coordinated of course. KSA did not act alone. All Gulf producers are all in. Russia, Iran and Venezuela have been sanctioned and were trading in RMB anyway. China is now the largest buyer of crude oil and LNG.
We also can't help but deduce that it is a reaction towards the US complexity in the Palestinian plight.
especially when considering OPEC+
uS duplicity and complicity in palestian plight
People shpuld stop using visa and mastercard.
Angelo is such a great person to interview!
he's indeed!!
Oh pls bring Angelo and Brian berletic on already!
Also, ichae Hudson, Richard Wolff, Ben Norton, Radha Desai, Vijay Prashad, Bekru. Gil. DD Geopolitcs, Busness & Geopotcd,
Lena Petrova, Think BRICS, Utsa & Prabat Patnaik, David Harvey,
etc. etc.- s any ore.
Angelo's knowledge of geopolitics, world's economy etc is outstanding! I have learned a lot and I will save this interview on hard copy!
Spot on Angelo. Kinmen Islands are a stone's throw from the Fujian coast. 😂
Very knowledgeable!!!!
thank you!!
Hi Dr. David, you should invite Brian Berletic from the New Atlas in your podcast 😊
And also Jerry's Take On China.
Angelo is a smart man!
Angelo it was nice to listen to you. You have confirmed to me that China is all you understand it to be and that was my opinion to. It's just difficult for me to explain to my European friends what China is and why the Global South respects and wants to co-operate with China.I guess it has to do with Anglo-Saxon mentality that believes only in total domination and humiliation. Thanks Dr.O you bring the best guests
Very enlightening! Love Angelo!!! ❤❤❤
indeed!!
Thank you Angelo for sharing your personal experience and exposure in China, with fellow Community members. Good insights.
indeed!!
Excellent video , thank you.
You're welcome!!
As usual candid and non-shallow... Thanks very much ❤
You're welcome! Credit goes to Angelo!!
one of the best discussion ever
Thank you! Credit goes to Angelo!!
Loved the interview, he is so knowledgeable
he's indeed!!
Great show again, Dr O needs to invite Angelo again in the future.
I'll, for sure!!
@geopoliticaltrends thanks Dr O. I notice we have scammers in d comments section in most of your videos. Hope u can stop them so your subscribers n viewers wont get scammed. Many thanks
@@dannychu5140 Are they asking for something??? Will announce it tomorrow to alert everyone. Thanks for sharing!!
Superb interview. 👌👌👌
Thank you!
Salute this development!
It might be a painful transition especially for usa but i rhink this is a good thing as i have said before
yeas, it will be painful... the problem is that most Americas are not prepared...because they have/are brainwashed!!
Once again and as always thank you for another great class & discussion… Angelo is great & thanks for sharing this discussion with us… Thank you 🙏🙏🙏
You're welcome! Indeed, Angelo is great and will have him back!!
Always find Angelo worth listening for his down to earth analysis
Thank you Dr O for having Angelo. Nice to see Angelo again, haven't seen Angelo for a while. I used to watch Angelo from New Atlas w Brian. Angelo is very knowledgeable.
Will have him back!!
Wonderful explanation of Chinese prospect from Angelo. Thank you!
indeed!!
Dr. David, could you plz explain to us how dollarization would Impact our average fellow Americans In a separate video?
Will do!!
when rest of the world stop buying the USD.. the USD exchange rate will collapse.. everything you buy will cost more.. a hell of a lot more.. the USD exchange rate will collapse soon.. and rich people knows it.. billions are already flying away from all the western financial centre to far off places.. a Nike sneakers you can buy now in the US for $100 usd.. will cost you $600 usd or more.. because the USD and the Chinese Yuan will be on par-exchange.. currently $1usd buy 6yuan.. there's even a possibility it might go below the yuan value..
@@azharidris7092 Spot on, a reality most Americans have no idea about...
@@geopoliticaltrends Thank You
War trumps loss of power, I was hoping for objective intelligence,
Emotions are in charge
Dr. O , I enjoy your lecture. Thank you. OTY
I'm glad that my country, Malaysia just announced that it will apply to join BRICS!
oh yeah!!
Good point Dr David Oualaalou, 1) Hungary and Turkey to exit Nato. 2) Hungary to exit EU, eg Brexit GB.
American Economy is in a desperate sitiuation and dollar does not stand a chance.
You're speaking truth!!
imho ; F. Kishida from Japan or 'Bong Bong' Marcos jr. fom the Philippines are the Asians Zelensky .
many agree!!
Excellent!
Thanks
Thanks!
Many thanks for support!!
Very informative and educational. Thank you!
End of conflicts
Thank you very much for this enlightened information
You're welcome!!
Someday, electric cars will drive onto an electrified grid and operate like subways
This is why there's a push for EVa.
Very interesting conversations.
thank you!
Hi David, I would definitely advise and like to see you go to China and have a chance to chat with her top officials and if possible with the top one of Xi Jinping...With your talents in teaching, it would be to your advantage to go to teach there and you will not only live a great life but earn and most important to save more than you can ever do in the US.
With you talents, if China engages your work, both you and China will benefit and grow...
Only watch what so many others say about the country...
I watched and everyone who speaks the truth, smile when they speak about the country...
I am a pensioner but I would give the most I can afford to finance part of your trip there to investigate the benefits of living and working in my mother country...
It'll be a lifetime opportunity if I ever get a chance to meet/interview someone higher up in the Chinese Gov. My preference would be Mr. Wang Yi...As to teaching, I'm thinking about it and needs to discuss details with my tribe. And why not if my knowledge can help further peace and stability in the world, I'm up for it...After all, there is annoy one life to be lived...
It is time , the stars have aligned, the rest of the world will grow. Bartering will explode
The death of a world reserve currency?
How many times has a world reserve failed?
Enjoyed the interview
thank you!!
Very good info
thanks!!
Personally I feel that teaching in China is better for you compared to Malaysia or Indonesia. Chinese are more open minded and eager to learn. In Malaysia, if you criticize certain sensitive issues, you may be reported to the police and action may be taken against you.
Financial market, still using dollars 90% in the world, if this start to decreasing.. then the whole world should start to worry.😅
Dollar use is a vote of confidence in the USA. US sanctions are obliging countries to use their own currencies with blockchain trading. The change from relying on the US dollar to relying on their own currencies will eventually reach 60%, and then the slow change will become a quick collapse for the use of the US dollar. Angelo is right, the US sale of bonds is a gigantic Ponzi scheme. The last countries holding US bonds will lose everything.
I didn’t know 90% in USA means 90% in the world 😂, u’re literally ignorant of what’s happening outside the USA 😅
Dollar isn’t collapsing overnight it will finish eventually when more countries join brics
I've heard this nonsense before. During the "global financial crisis" in 2008 the markets lost over quadrillion dollars. That 1,000 trillion dollars in equity was lost world wide. Everyone predicted that it America it's stock markets and most importantly the US dollar was done. So people like ourselves bet against the US currency. Then global markets came roaring back to life. People that were so sure that the US dollar was done was wiped out.
The problem you face now is that since the 2008 financial crisis wiped all other nations currency. So now there is no nation that can really challenge the US dollar. So the US dollar has only gotten stronger not weaker.
00:04 Discussion with Angelo Giuliano on geopolitical trends
02:22 Discussion on the historical significance of China and the multipolar world
07:16 Discussion on the impact of Saudi Arabia's financial changes on the geopolitical trajectory.
09:40 Shift away from Petro-dollar impact on global economy
14:30 Transition from petro-dollar to threats and sanctions for currency backing.
16:48 Promoting a system without alliances and focusing on rational interests
20:58 Criticism of the collective West system
23:08 Global geopolitical changes and impacts on economic order.
27:26 Importance of self-determination for decolonization and sovereignty
29:31 Countries shifting away from traditional alliances toward new collaborations
33:37 China's debt forgiveness to Africa contrasts with IMF practices.
35:51 China shifting focus to tangible assets and trade surplus strategy
39:54 Debunking the Debt Trap and Geopolitical Analysis
41:58 Countries seeking to regain sovereignty from the US dollar.
46:05 China-Taiwan Relations and US Influence
48:19 Taiwanese society influenced by political hijacking
52:31 Japan and the Philippines are shifting towards more aggressive foreign policies.
54:31 Speculations about a potential deal involving the Marcos family and the US
58:35 Russia's industrial and military capacities outperform NATO.
1:00:46 China's pragmatic approach to supporting Argentina's economy
1:04:55 China's influence on the world and the impact of travel to China without a visa
1:06:56 Europe's limited power and alignment with NATO and US
1:11:27 Angelo Giuliano's book link for channel members
wow, impressive!!!
Why so many chaos. There are trillion of dollars.
Great to see Angelo here! Dr. O you need to go down the list now: Brian Berletic, Daniel Dumbrill, Jerry Grey, Fernando Munoz Bernal, Alex of Reporterfy Media etc. (all except for Brian reside in China). Would be great to see all of you come full-circle!! 😉
Looking forward to Jayant B
For me I vote Jill Stein no problem
will truly love for her to come on the show. I know the right questions to ask her...
BRICS + is not a military alliance. NATO is a military alliance of US Canada and numerous European nations. To date, there are no NATO members in BRICS.
This is very useful dr 0 i kinda understand more things happening now about piecing th parts
...and btw, this is what being an analyst is all about (Academic & professional credentials play a role into it), You got the idea...
God is at works.
vote Jill Stein
I sent her an invitation to come on the show! Let's hope she responds!!
The rapidly expanding BRICS+ meeting in Russia in October will be very critical for the US$ and SWIFT. It will be a historical event for the future direction of the rest of the world. I am certain the Hegemonic US + Vassals will be anxious and apprehensive
👍👍
Hi Macien from Chicago
👏🏼
21:18 I was just saying that democracy has become a cult.
The agreement was oil be priced in dollars and saudi would invest those dollars in the US economy. It means the Saudis have trillions in the US and I don't see Saudi changing any time soon. They may allow other currenties but it's not exactly the same deal - they allow Yuan and then invest those in trade and not in the Chinese economy. There was no time limited BTW.
Time is over dollar
many agree!!
Usa now if just issue a 10 billions dollars cheque???...
If no money in bank account, , sure bounce out???
Find out who were part of the British/dutch east India company..
Black Hawk and Black Rock 😮😢
So be honest, usa you must assure and guarantee your usa dollars not just keeps on overprinted your usa dollars and avoid to assure and guarantee your usa dollars,,,??..
Thank you for The Update...The United States is Transitioning From The Petro Dollar To The Artificial Intelligence Dollar...The Future is in Artificial Intelligence and The Huge Growth in GDP wil Be in Artificial Intelligence...The United States of America is Expanding Artificial Intelligence Data Centers running on Nvidia GPU Computer Chips...
Thanks for haring your perspective!!
USD 750 billion Treasuries. Can China dump the whole portfolio tomorrow morning? If not, why not?
Hey Dr O, you could try and ask Angelo for the contact of Pepe Escobar. I’ve seen them join online talks quite often.
good idea! I've trying to get a hold of Pepe to no avail. Will ask Angelo!!
President Ma missed the opportunity of creating history for both Taiwan and China when he has the support of the people where he can initiate the unification. Too bad, he doesn’t have the gut and eyeballs to see the big thing in front him and he will regret as there will not be second chance for him.
We should do what they do In Kuwait...everyone gets 70 large and the economy is based on zakat 3.5% so housing is fixed.. Speaking of which they get 300k for housing and school and most medical is taken care of...
I take it the wealth of the country is disturbed among citizens; the right thing to do!!!
❤❤❤
💯
D morning dr is there any chance you can bring andy shektman on the show
Yeah, why not! I know he deals with Gold/silver...Will dig out his contact info and extend an invitation!!
YEN YANG ?
For short answer: can you name 20 countires are gonna ditch the USD?
Does that include syria
In addition to ASEAN members, several countries from Africa and the Middle East, including Pakistan, Iraq, Turkey, Nigeria, and Egypt.. Syria is not included!!
@@geopoliticaltrends okay thanks
But will syria join the BRICS in the future? I'm just tired of this petrodollar and sorry for bothering you
@@oimoi5280 the possibility is there but not any time soon. I'll be very surprised...
🖐️💐👏💪
Over Jayant Bhandari who does seem to have visceral hate for India, SL Kanthan is a more logical person who you must check out and interview
Appreciate your feedback. I'm familiar with SL Kanthan; had once a great conversation on his platform. And yes, I intend to extend an invitation soon...
👍💐
Along with brics they should introduce Islam reform polygamy divorce child marriage etc momd is outdated
indeed! I heard horrible stories about child marriage in some Muslim countries...
Why print and print but not dare to assure and guarantee,,,???...
Usa play smart dont want to assure and guarantee???..
So all nations also follow usa play smart also,,???...
Usa unguarantee we all nations, ditch, and dont use unguarantee usa dollars also,???.. because usa don't want to be responsible for usa own dollars now,,,,??*....
In the movie The bitter tea of General Yen there is a famous quote “never trust a Chinaman”
There is wise saying, never trust a "Anglo Saxon". It's rooted through histories and it continues to this day. Your very naive and races when quoting "Chinaman"
What strategies can be employed to optimize returns in the crypto market?
She advocates risk management, diversification, and staying updated on market trends. It's a well-balanced strategy.
She advocates risk management, diversification, and staying updated on market trends. It's a well-balanced strategy.
i'm very surprised David watch Mr Giuliano too.. would be good if you could have Alex of ichongqing or reporterfy media.. maybe Nury Vittachi of Fridayeveryday Hong Kong.. am looking forward to when David finally gets to China..
Will get there in due time.... procedures😉😉😉
learn from past history, roman, babylon, persian, ottoman has fallen