THE END OF THE US DOLLAR AS A RESERVE CURRENCY

Kenya. President William Ruto :

"For those who work with numbers...for those of you who still have dollars : get rid of your dollars as soon as possible because in a few weeks, everything will be different and you will definitely suffer losses. You better do what you have to do."

On March 29, 2023, China bought for the first time 65,000 tonnes of liquid LNG gas from the United Arab Emirates in yuan. Due to the EU embargo against Russia, the freezing all of Russia's dollar accounts and denying further access to Swift, Russia has been conducting over the past year all trade deals with foreign nations and companies in rubles and is now also switching to the yuan.

The end of the US petrodollar and its status as a reserve currency is in sight and the Americans themselves know it. Since President Xi's declaration, during his visit to Russia, that changes unseen in the past 100 years are imminent, US broadcasters are talking about the fall of the US dollar and the dire consequences for the US economy.