What is the background of "De-Dollarization"?

What is the background of "De-Dollarization"?
Investment in dollar assets or trade settlement through dollar
They refuse to make alternative investments in other currencies, not in dollars
a move to seek alternative deals
It's called "De-Dollarization" in the U.S. recently
Especially, right-wing media and politicians are focusing on the phenomenon of the dollar
The number of cases expressing concern is increasing rapidly
exploiting the strength of the dollar's status as an international reserve currency
As a means of sanctioning the other side in international politics by the U.S. government
I've been abusing it too much
sanctioned by the reaction
Iran, Russia, Venezuela, etc., as well as anxiety over future sanctions
China, South America, or other undemocratic countries in Africa
The case where they all banded together and refused to trade against the dollar
Criticism has been raised by right-wingers in the U.S. that it's soaring
Yes, there is
On the economic front, too, just before the 2008 financial crisis
These days, the issue of dollars, which used to be less than $1 trillion, has become more recent
The U.S. government has no intrinsic value, soaring to $9 trillion
Continuing to buy the dollar by issuing a barrage of bills
I'm going to do everything I can to see the pathetic behavior that's being dropped
The movement to mobilize to flee from the dollar is rather
I think it's a reasonable judgment
Central banks in many countries have been raising their voices of alarm for years. They should prepare for the "Great Recession" of the Chinese economy
The "optical illusion" that occurs when real estate prices rise for decades
It can be said that it is the myth of the invincibility of real estate.
Likewise, China's economy has been growing fast for several decades
Therefore, China's economy will never experience the Great Depression or the Great Depression
The "optical illusion" that doesn't exist not only in China but also in China
I think it's spread to many foreigners who don't know it
In fact, there is a serious crisis that will shake up China's economy in the past
outside of China, which has been predicted and missed several times
There were also quite a few economists
Have you studied Chinese language and the Chinese economy by yourself
It's been over 20 years, and over the past 20 years, I've seen a lot of short stories about China
If you connect this and that like a mosaic, China is already
It is a personal touch that we have entered the entry stage of the Great Recession
China's biggest export promotion exhibition held on April 15th
The dismal appearance and employment rate of graduates of Shanghai Maritime University
When I saw the university's announcement of 14.83 percent, I personally thought that
become convinced
China's Great Recession, if realized, will affect the Korean economy
There will be more than one impact. The argument that "China's growth rate is good" is, in fact, a look at it
Today, the JoongAng Ilbo reported that China's economy grew 4.5% in the first quarter of this year
Citing the Chinese government's announcement that it recorded, "China's growth rate is good."
There was an article that said, "Reopening exceeding market expectations."
They prop up the Chinese economy, where the Chinese government is in a slump
In order to achieve this, more than 30% of China's GDP over the past 15 months
He even knows that 40 trillion yuan of money was quickly evaporated
I can't do it
In addition, China's household debt is 137.9% of its disposable income
Compared to 90%, 15% of disposable income is high every year
struggling with household debt, such as being spent to repay interest
in the midst of
To make matters worse, in the last three or four years, it is actually the only asset of the Chinese
As the bubble in the real estate market begins to burst, assets decline
Household consumption and investment are rapidly increasing due to the disappearance of debt
The shrinking so-called "balance sheet"
I overlooked the fact that it was typical of a process
Yes, there is
The Great Recession of the United States in 1929 or more than 20 years since the 1990s
Japan's lost 20 years is a typical example
It is a "balance sheet process."
Even if China has a positive GDP growth this year
The economy is not improving, it is deteriorating, and we still have to keep an eye on it.