Comments by "M" (@mg.f.9023) on "Meaning of Fitch’s US downgrade, de-dollarisation push in Gulf as China moves in with Yuan u0026 CIPS" video.

  1.  @Liboch  Yes, ZEE News, Republic TV, ANI, Aaj Tak & Times Now ratings that every day give PM Modi AAA+++
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  2. BJP is not keeping calm, they are busy doing yatras...may help with economic development 😂
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  3. “The US dollar’s role in the global system cannot be changed like one might a pair of shoes or a car. There is no single or composite BRICS currency which will provide assets for the PRC and Russia and other surplus countries in which to invest. Russia is a sanctioned pariah state. Brazil and South Africa are commodity exporters, whose currencies are hinged to the dollar. India is the world’s biggest economy by population and runs trade deficits, that is it has to import capital. It also has a nationalistic streak of its own, is not exactly close to Beijing, and could hardly be expected to be enthusiastic about pooling its reserves with other countries, let alone the PRC. Then there are important technical questions, such as to which currency a BRICS currency might be pegged or linked, whether it would be convertible – even the yuan is only partially so – and why commodity currencies linked to the US dollar would even want yuan reserve .” - Professor Eamonn Sheridan
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  4. 😅
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  5.  @Liboch  Possible. Guess CYN looks like taking the mantle.. not so comfortable a thought.
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  6.  @radhikapandit6819  Our politicians have got AAA rating for disgusting communal politics.
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  7. Send the ED to Fitch office and they will comply..😂
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  8. Your watching too much of ZEE Business 😂
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  9. Middle East is investing all the oil money in US assets & stocks keeping the US Economy strong..
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  10. Every one speaks of the US downgrade but no one asks who is going to take the mantle from US.. Till then US with its strong companies & strong independent institution are going to be the place to go for global investment money..
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