Views : 1,121
Genre: Travel & Events
Date of upload: Apr 24, 2024 ^^
Rating : 5 (0/51 LTDR)
RYD date created : 2024-04-25T13:58:37.141652Z
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Top Comments of this video!! :3
As long as dollar remains the only global reserve currency, more geopolitical cards always remains on the US's hand, No matter how hard China tries to innovate to surpass the US to become a global leader. But the things are changing over time, the US will always remain as the global leader but the world will also have China as the global leader parallel to the US.
If the situations like Ukraine , Israel , Palestine and the tensions in the middle East keep emerges, the US will lose people's support.
That's what the Chinese are waiting for.
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Very good video Emmanuel. I like to expand on the difference in capital investment you touched up on between AI players in US vs China. I believe that lofty 10 trillion USD number is purely based on the current high US interest. It essentially vacums in dollars in the hands of different countries around the world to pay for the continued deficit spending, at last count 1 trillion USD every 100 days. If you look at US equity market as a % of world total equity market. It was around 30% a few years ago before interest rate was hiked, it is now 45%. As the excess dollars sitting in various countries central banks are sucked in. These countries ironically will be forced to de dollarize their trade. The eventual downfall of the dollar reserve status will equalize the valuation of US companies and allow other countries companies to get more capital investment.
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@dlcc012david
1 week ago
Can US government be trusted ? 😂 most inthe world say no no no
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