Mentioned @ Time
Related
Tags
Policy
(914)
Currency
(359)
GlobalEconomy
(64)
Alternative
(736)
Economy
(1,545)
InternationalRelations
(827)
Geopolitics
(454)
WealthDistribution
(516)
EconomicAnalysis
(13)
MonetaryPolicy
(85)
GlobalFinance
(15)
FinancialNews
(4)
CurrencyCrisis
(2)
FinancialSystems
(3)
InterviewSetup
TrustCrisis
RootCauses
AlternativeCurrencies
ChinasRMB
DollarSystem
TaiheInstitute
Video Description
U.S. President Donald Trump recently proposed abolishing the U.S. debt ceiling—a limit that has been raised year after year but fails to solve the fundamental problems facing the dollar. Amid the dollar's growing trust crisis, alternatives like the Chinese RMB and a BRICS currency are being discussed. We interviewed Warwick Powell, senior fellow at Taihe Institute and advisor to former Australian Prime Minister Kevin Rudd, for an in-depth analysis of the dollar crisis's root causes and the potential risks of these alternatives.
For a more timely and authentic perspective from China, visit our website: https://thechinaacademy.org/
Published: June 12, 2025
Views: 13086