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Hh Kk
The Plain Bagel
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Comments by "Hh Kk" (@hhkk6155) on "The Plain Bagel" channel.
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I think you are analysing last year's info, when big shifts happened in the last months of it, and in this year, so what kind of situation will be next year, is the question) Also countries ditching USD for international trade means less demand for it, and where it's gonna go? Also the biggest bond buyers are not buying, but selling. While making a new currency is hard, doing transactions in gold is not. So BRICS countries could keep their currencies, but also use gold, kinda like a soft peg to gold. Another thing is why are countries thinking about ditching USD? Because they could gain something - economically and in their security. And it's a strong motivation 💪
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How about the whole FIRE movement? Frugal living, investing, and retirement early (passive income)
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Also to remember, ditching USD is not in the interest of the west, so from western point of view it is illogical and dangerous. But for countries outside the western world it's logical to use their own currencies in int trade, and they don't feel secure parking money in USD treasuries
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 @samsonsoturian6013 yes. The west even includes Japan and South Korea. It's more of a western union 😅😅😅
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Nice video, telling how things really are. A lot of other videos predicting the collapse are not only unprofessional, but also look like state sponsored China bashing propaganda, there are a lot of them lately.
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Moving to a cheaper country can make money last a lot longer)
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