China Increases Reliance on U.S. Dollar (Video)

China Increases Reliance on U.S. Dollar Video by SmaulGld

TDC Note – Some of Louis’ argument is sound but I disagree with a lot of what he says. The parallel systems are proof positive that China is using Federal Reserve Notes / U.S. dollars, to their advantage and leveraging them in a way that builds out the systems they need to exit the current system, otherwise, the BRI, BRICS and variety of other alliances would be unnecessary.

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smaulgld

In 2013, Louis founded Smaulgld.com a blog focused on written and video analysis of the precious metals and real estate markets along with other aspects of the American economy and global financial systems. Louis is a former school teacher, former international attorney and former General Manager of a major real estate portal. Louis practiced law from 1990 -2004 in Paris, Wall Street, Los Angeles and the City of London, representing major international corporations and banks on corporate matters, securities issuances, derivatives and mergers and acquisitions.