Michael Hudson: US imperialism, Krugman, de-dollarization, #socialism, #Palestine, #China. #eu #usa - YouTube — #michaelhudson #krugman #nyt #imf #usd #dollar #history #marx "> https://www.youtube.com/watch?v=M0Ef_hbNsBs
#usd
A new bloc of ASEAN countries has come forward and agreed to ditch the dollar for global trade. The ASEAN alliance is looking to promote their native currencies for cross-border transactions by sidelining the #USD. The leaders of 10 Southeast nations recently signed a declaration to stop using the U.S. dollar for international trade and aim to promote their local currencies instead
The official declaration of the #ASEAN countries states that the bloc will advance local currencies and not the U.S. dollar. The declaration is signed and accepted by the respective nations’ leaders and remains in full force. Additionally, ASEAN nations said that their goal is to strengthen bilateral and multilateral payment activities among each other.
#Asia #BRICS #Economy
https://watcher.guru/news/after-brics-10-asean-countries-ditch-the-u-s-dollar
https://m.youtube.com/watch?time_continue=4954&v=qlUSqQ8U8T8&feature=emb_logo
Micheal Hudson the greatest economist alive. I feel privileged to be able to listen to his talks.
Interesting time.
#economy #finance #money #globalisation #war #politics #usd #us