Israel Dumps The Dollar For China's Renminbi

Well, it was only a matter of time before even Israel was going to start too...

Israel is reducing its exposure to the dollar and to the Euro to add exposure to the Renminbi.
https://www.zerohedge.com/markets/israel-dumps-dollar-chinas-renminbi

 

A reduced/increased exposure in currencies, doesn't change the foreign policy.

Maybe they just want to join that accumulation party.

 

Yes, I did find the tittle a little... click-baity. But, it is still of interest

 

Some said that the source, - zerohedge.com is a pro Rus/far east webpage. If it is so, then it makes sense, why there's such a title.

 

Yeah, that 2% will be a huge blow to the U.S. dollar.

 

I love it! We give more foreign aid to Israel than any other nation and they dump the US dollar!

 

As if anybody gives a flying fuck about the shekel. They NEED foreign currencies to validate that they even exist. The only thing they export is destruction on the Palestinians. The only thing they import is destruction from the Palestinians. Screw those guys.

 

Israel is at a hard spot. Russia has both Hypersonic nukes and a superior anti missile (Nukes) defense system. They have been VERY quiet lately. They realize that at this moment, they have no advantage what so ever. Before this, they were one of the countries with nukes..so they bombed and killed at will.

So, yea..they are friendly with Russia, friendly with China. But as soon as they can steal the hypersonic technology which US will develop, They will be back to killing and bombing whom ever they wish. They probably will buy Oil in Rubles and other things in Yuan for the next few years.

But they, more and anyone, know that the US dollar days are nearing an end. The massive debt, the massive printing, the rising interest rates, the debt servicing, the very problematic supply sourcing from (non friendly nations) and limited oil and gas supplies which will keep inflation very high longer than US can hold out. They partook in most of the feasting..so they see it as a good time to flee and pretend to be friends with other goyum

 

The US has been sending a very strong and clear message to the world. Fuck you, America first.

The rest of the world are now starting to adopt that attitude. Let's not put all our eggs in the American basket. Interesting times ahead.

 

Was quite shocked to learn about this considering that China has always been on the Palestinian side and always regarded Israel as US' lackey. Imagine Canada abandons the US dollar and decides to hold RMB too. LOL