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More countries are accepting Chinese yuan in global trade. The yuan’s share of cross-border payments has risen to 52%, while the dollar’s has fallen to 42%. In this video, Mr. Henderson covers the de-dollarization taking place and reveals what will replace dollar dominance, as well as what you can do to prepare.
00:00 What Will Replace the US Dollar?
01:21 China-Indonesia Trade
04:12 Yuan vs Dollar Cross-Border Payments Share
05:07 China and the Global South
08:10 US and the West Losing Power
15:37 Your Options
Nomad Capitalist helps clients “go where you’re treated best”. We are the world’s most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.
We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.
No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can’t.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.