ad-free
A marketplace for speech.
82,433 Hours of Speech
help
help
516,057 Transcriptions
add title (free)
add title (free)
406 Sources
add source €0.99
add source €0.99
Search:
Newsbud
Title: De Dollarization: China and Russia Lay Ground for Alternative to Dollar System
Published: 2017-12-08
Source: https://www.youtube.com/watch?v=Dndt90mqPHg
Title: De Dollarization: China and Russia Lay Ground for Alternative to Dollar System
Published: 2017-12-08
Source: https://www.youtube.com/watch?v=Dndt90mqPHg
1/6
Hello, this is F William Engdahl with my show on NewsBud called A Different View with F William Engdahl, the role of the US dollar as World Reserve currency. Still today it has 64% of all Central Bank reserves. That's a weapon. That's a weapon. So the development of a extension of the China new Silk Road, new economic Silk Road, the high-speed rail and important infrastructure toward Europe2/6
through a conference held in Budapest involving 16 Central and Eastern European countries together with the Prime Minister of China to talk very concrete projects to bring market infrastructure trade routes into Europe, something Europe and especially Central and Eastern Europe economies desperately need. Then I want to discuss something that is about to happen between the Russian government and the Chinese government, and that is the first ever3/6
issuing of Russian state government bonds, not in dollars, not in rubles, not in euros, but in Chinese yuan currency. And the significance of this for the process of de-dollarization that both China and Russia and other countries in Central Europe and Eurasia are involved in to insulate them from the currency wars that Washington clearly has in mind and certainly has done in the past. So you have4/6
a decoupling or a de-dollarization of the two most strategic countries to affect a positive change in the world today and that is Russia and China. So this is a very, very huge step toward freeing the world from the tyranny of the dollar system. That dollar system is destroying the United States by the way. It's destroying the infrastructure of the economy of the United States through a5/6
process of debt enslavement. It's destroying the economies of Europe. It's destroying the economy certainly of Africa, of Latin America, Venezuela, Puerto Rico. It's hard to name any country in the world that's not being destroyed by this dollar system. This is a must-see newsbud exclusive that is available now for members. Non-members can tune in at newsbudvimeon-demand. I assume similar activity is going on. This is a present6/6
that's said when you look at history, I don't think that's true. Well, this is just not a load of nonsense. Picture is mixed. Seems like this rip has come from the above. Spereo for newsbud.com. We have breaking news this morning. The single most important operation of the CIA worldwide. And I'm talking about the criminals in the United States of America. American citizens.
