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Celente – We’re on the Eve of the Death of the U.S. Dollar
from King World News
Today the top trends forecaster in the world discussed the eve of the death of the US dollar.
The Death Of The DollarCHINA’S RENMINBI DOUBLES ITS SHARE OF WORLD TRADE PAYMENTS
April 19 (King World News) – Gerald Celente: Since Western allies levied sanctions on Russia after it invaded Ukraine, the proportion of world trade paid for in China’s renminbi currency has more than doubled, according to the Financial Times.
From 2 percent in February 2022, the renminbi’s share has grown to 4.5 percent.
That puts the renminbi hot on the tail of the euro, which is used in 6 percent of the world’s trade payments.