Arvaos 23 JUN 2024 a las 10:23 p. m.
The collapse of the dollar
Russia says "BRICS must be prepared for the collapse of the dollar."

Dedollarization is happening at a rapid rate around the world.

What are your predictions?
Publicado originalmente por Professor:
The slow drawn out failure & eventual collapse of the BRETTON WOODS system, has opened the door to the concept of a new decentralised monetary system. Continued decline means that the US dollar may no longer act as the worlds reserve currency, as a diminishing number of countries remain loyal to it.

As time goes by the global economic system continues looking for alternatives to counter the centralised American dollar as it continues to weaken amidst, spiralling debt, diminishing inputs, mismanagement & corruption.

https://en.wikipedia.org/wiki/Bretton_Woods_system
https://en.wikipedia.org/wiki/BRICS

The world seems to be loosing confidence in the US dollar & eagerly finding solutions of its own. Hence we have the growth of BRICS, the call for a new multi polar economic system & a new reserve currency for the planet.
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Mostrando 46-60 de 68 comentarios
Arvaos 25 JUN 2024 a las 11:52 a. m. 
An interesting article.

https://thediplomat.com/2024/06/chinas-rise-in-the-global-south/

China's rise in the global south.
Duck Twacy 25 JUN 2024 a las 11:56 a. m. 
That BRICS will collapse within five years or sooner.
Arvaos 25 JUN 2024 a las 12:03 p. m. 
Publicado originalmente por Duck Twacy:
That BRICS will collapse within five years or sooner.

BRICS is expected to outgrow the G7 in the coming decades, particularly when considering both nominal GDP and Purchasing Power Parity (PPP).

For instance, India is expected to grow at an average annual rate of around 6% through 2030, while China is projected to grow at about 4.7% annually.
permanent name 25 JUN 2024 a las 12:04 p. m. 
brics has yet to do anything distinguishing itself from the michelin tire company in terms of economic influence.

it's an empty collection of money with no policies or blockwide economic goals.

might as well be called Tunnel Snakes or Tuns instead.
Última edición por permanent name; 25 JUN 2024 a las 12:06 p. m.
Ulfrinn 25 JUN 2024 a las 12:06 p. m. 
Do people really think that pretending the dollar is fine, or that BRICS countries are some how collapsing faster, despite their growth is some how going to reverse it all? Ignoring problems usually don't fix them.
permanent name 25 JUN 2024 a las 12:09 p. m. 
Publicado originalmente por Ulfrinn:
Do people really think that pretending the dollar is fine, or that BRICS countries are some how collapsing faster, despite their growth is some how going to reverse it all? Ignoring problems usually don't fix them.

brics doesn't have economic goals, it's just an opposition to eu's trade alliances like nato.

as long as the eu and nato control the economic reality brics isn't anything but subservient to them, and will fall along with them.

same as any other partisan uniparty.
Última edición por permanent name; 25 JUN 2024 a las 12:10 p. m.
GunsForBucks 25 JUN 2024 a las 12:13 p. m. 
Publicado originalmente por Ulfrinn:
Do people really think that pretending the dollar is fine, or that BRICS countries are some how collapsing faster, despite their growth is some how going to reverse it all? Ignoring problems usually don't fix them.
Most people have no concept of the petro dollar = American dollar and the threat it really poses when these people all agree to avoid American control of the market.

This is a direct attack on the American Dollar but you don't hear about it in the news. Nor do our leaders make mention of how important it is.

Well they are all owned by the same major corporations ha ha.

So America is being pressured into forcibly taking over more oil/gas areas to keep the facade running. I think the people in charge feel they can't say anything now from all the lies and just try to make as much profit as they can before it all comes apart.
permanent name 25 JUN 2024 a las 12:21 p. m. 
Publicado originalmente por GunsForBucks:
Publicado originalmente por Ulfrinn:
Do people really think that pretending the dollar is fine, or that BRICS countries are some how collapsing faster, despite their growth is some how going to reverse it all? Ignoring problems usually don't fix them.
Most people have no concept of the petro dollar = American dollar and the threat it really poses when these people all agree to avoid American control of the market.

This is a direct attack on the American Dollar but you don't hear about it in the news. Nor do our leaders make mention of how important it is.

Well they are all owned by the same major corporations ha ha.

So America is being pressured into forcibly taking over more oil/gas areas to keep the facade running. I think the people in charge feel they can't say anything now from all the lies and just try to make as much profit as they can before it all comes apart.

UK has more invested in the oil and gas market overall and controls the global market themselves.

the us has resented being made into the face of the petrodollar, specifically because it's a UK market they have no entrance into outside of doing their dirty work for them. dirt work they are increasingly NOT getting paid for.

however, the UK's media dominance is so great that when the us tried to create public support to distance themselves from the petrodollar the UK simply overrode them and published the opposite.

guess which one people believed more.
Última edición por permanent name; 25 JUN 2024 a las 12:23 p. m.
Original Cast Recording 25 JUN 2024 a las 12:26 p. m. 
Publicado originalmente por Arvaos:
The collapse of the dollar

BRICS: We want no more dollars in our reserves.

The USA: So buy something with them and never take any again.
Scorpion 25 JUN 2024 a las 2:13 p. m. 
Publicado originalmente por IGX:

When Adolf Hitler signed the Munich agreement not to take Czechoslovakia and take only half of the land he still invaded anyway. Putin and the Kremlin has an ambition to reunite all of Soviet Russia's former territories. He would have invaded Ukraine anyway.

Russian special forces are usually well trained and quite reserved. Wagner and mercenaries recruited from prisons are not. There are entire mass graves in Bucha filled with civilians.
Bucha is already proved to be a fabrication and from our, the "Free World's" sources even. Same fashion as the hospital in Mariupol; the crying woman was an influencer who advertised (and still does), beauty products!

The Russians wouldn't invade ukraine, if their state didn't unleash neonazi battalions (A3OB, Aidar, Kraken, Right Sector etc) to attack, torture, kill, russian ancestry civilians of ukraine in broad daylight, post Crimea's annexation by referrendum/people's vote, in 2014 onwards. If europeans didn't intentionally violate the Minsk agreements (Merkel and Hollande, even admitted recently, of having formed those to intentionally dupe russians, give ukranians time and prepare nato for war). If certain western powers didn't try to seize ukraine's valuables and at the same time, militarize it under Nato's flag.

No, he wouldn't invade ukraine anyway. Guy was reaching to european politicians many months before February 2022, demanding guarantees on Nato respecting its promises to not expand further near Russia, to help protect the unarmed civilians who were being slaughtered there (starting from Maidan Square Bloodbath, Odessa's the Syndicate Slaughter etc) from West's end (so as Russia wouldn't get involved directly) etc. Everybody was laughing and pretending they did not hear.
IGX 27 JUN 2024 a las 6:28 p. m. 
Publicado originalmente por Scorpion:
Bucha is already proved to be a fabrication and from our, the "Free World's" sources even. Same fashion as the hospital in Mariupol; the crying woman was an influencer who advertised (and still does), beauty products!

The Russians wouldn't invade ukraine, if their state didn't unleash neonazi battalions (A3OB, Aidar, Kraken, Right Sector etc) to attack, torture, kill, russian ancestry civilians of ukraine in broad daylight, post Crimea's annexation by referrendum/people's vote, in 2014 onwards. If europeans didn't intentionally violate the Minsk agreements (Merkel and Hollande, even admitted recently, of having formed those to intentionally dupe russians, give ukranians time and prepare nato for war). If certain western powers didn't try to seize ukraine's valuables and at the same time, militarize it under Nato's flag.

No, he wouldn't invade ukraine anyway. Guy was reaching to european politicians many months before February 2022, demanding guarantees on Nato respecting its promises to not expand further near Russia, to help protect the unarmed civilians who were being slaughtered there (starting from Maidan Square Bloodbath, Odessa's the Syndicate Slaughter etc) from West's end (so as Russia wouldn't get involved directly) etc. Everybody was laughing and pretending they did not hear.

If one side is called 'the free world' what does that make the other side?
"the controlled; the captured; the brainwashed; the deceived; the wilful slaves; the oppressed?"

The woman may have sold beauty products but she was probably wasn't faking the entire city being bombed out of existence by Russian forces. She still needs to make a living afterwards.

A Ukrainian born in Ukraine with Russian ancestry is Ukrainian.

All of Russia is controlled by Putin and the Kremlin. Russians and Russian backed separatists may be given a referendum vote but the outcome is decided by Putin and the Kremlin.

United Kingdom, United States of America and the Russian Federation all agreed to protect Ukraine on the basis that it gave up their nuclear weapons. The Russians broke this treaty.

The addition of new countries to NATO definitely provoked Putin and Russia; Biden being elected; COVID 19 lock downs and financial inflation; Ultimately it was a trap to entice Russia to attack first. Nobody would have guessed they would have fallen right into it and it has enticed other countries to join NATO like Sweden and Finland who were once neutral.

If Europe gave Ukrainians time to prepare for war its because they knew Putin was going to attack them. NATO does not want Ukraine under its flag as the ongoing conflict in Ukraine would cause a direct confrontation between NATO countries and the Russian Federation.

If foreign powers wanted to seize resources from Ukraine it would be Ukraine's responsibility to stop them. Corruption may have been rife but Ukraine is still a sovereign nation capable of making its own decisions.

Ukraine also has several Ultra Nationalists groups (sometimes called Nazis by media).
However the attack on Ukraine has most likely changed their priorities much like the rejection of fascist ideologies all over Europe after Hitler invaded European countries.

If Bucha was a fabrication then the same can be said for the so called unarmed civilians that were have said to have been killed by Ukrainian armed forces.
brain stew 27 JUN 2024 a las 6:33 p. m. 
It's so scary, I'm shaking in me booties. Like 60 countries with worthless currencies are gonna come together to create a super mega worthless currency. Super reassuring... They destroyed their own currency to the point they need to band together to actually create a new one. If it wasn't so adorable it would be hilarious.

Can't wait to get my hands on some of that sweet brick coin!
xDDD 27 JUN 2024 a las 6:36 p. m. 
I'll believe it when I see it.


Publicado originalmente por 6f6e65 is the loneliest number:
It's so scary, I'm shaking in me booties. Like 60 countries with worthless currencies are gonna come together to create a super mega worthless currency. Super reassuring... They destroyed their own currency to the point they need to band together to actually create a new one. If it wasn't so adorable it would be hilarious.

Can't wait to get my hands on some of that sweet brick coin!
Not only that, but they are countries with basically zero ethnic, cultural, or religious overlap. There is basically nothing tying BRICS together aside from all of them having worthless currencies and withering economies.
secuda 27 JUN 2024 a las 6:48 p. m. 
Publicado originalmente por Ulfrinn:
Do people really think that pretending the dollar is fine, or that BRICS countries are some how collapsing faster, despite their growth is some how going to reverse it all? Ignoring problems usually don't fix them.

IF the quota is indeed true and it comes from Putins mounth, i wouldent think its doing bad.
Última edición por secuda; 27 JUN 2024 a las 6:49 p. m.
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Publicado el: 23 JUN 2024 a las 10:23 p. m.
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