Analysis of the end of the petro $
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Started by cutworm - July 23, 2024, 7:52 a.m.
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By metmike - July 23, 2024, 10:52 a.m.
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Thanks, cutworm!

                Re: A 10 YEAR DEAL WITH UKRAINE????!!!!!!!            

                            By metmike - June 14, 2024, 8:16 a.m.            

            

ABUSING our power like this, with the US dollar as the world's main global currency being used to PUNISH adversaries for political agenda is 100% writing a death sentence for the US dollar.

The propaganda keeps reassuring us that the world doesn't have any other choice and there's no threat for the immediate future.

WANNA BET!!!!!

Maybe not today or tomorrow..........but the writing is on the wall and the actions around the world ARE A REALITY. See for yourself. 

Our insane war in Ukraine has greatly accelerated the demise of the US dollar, while US citizens are bombarded with NATO propaganda to keep us in ignorant bliss!

‘A wall of BRICS’: The significance of adding six new members to the bloc

https://www.aljazeera.com/news/2023/8/24/analysis-wall-of-brics-the-significance-of-adding-six-new-members

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the UAE have been invited to join the grouping of top emerging economies in January 2024.

“This has geo-economic, geostrategic and geopolitical implications,” Naidu argued, saying the latest additions will push some BRICS nations to think more about their Middle East policies, and for China and India to beef the existing policies.

China recently brokered the re-establishment of ties between Saudi Arabia and Iran, a role that would traditionally have been filled by a country like the United States.

India’s recently signed an agreement with the UAE to trade in Indian rupees and Emirati dirhams instead of in the US dollar.

Crucially, Naidu argued, the expansion list is “very energy centric”, adding that following the announcement, some analysts at the venue even facetiously commented if they should “call it BRICS plus OPEC?”.


metmike: 3.7 billion people is a lot of people, almost half of the world!!!!!!!!

Inclusion

Analysts have said that one of the countries that could benefit from a trading regime outside of dollar dominance is Iran.

“Iran will clearly benefit the most,” said Na’eem Jeenah, a senior researcher at the South African think tank, Mapungupwe Institute for Strategic Reflection.

He said its inclusion “highlights the fact that it’s not as politically isolated as the US wants it to be”.

Inclusion could also be an “economic lifeline” due to increased bilateral trade.

“Members would start trading with each other in their own currencies. For Iran, this would be great,” he said.

Naidu noted that “having Iran in the BRICS sends a massive powerful message to the G7, to the Global North, to Washington”.

“It says, ‘You can have a problem with them, we’ll keep them here.’ And it also says, ‘Your problems are not our problems.’”

                                    


                                                                                                                                 

                Re: Re: A 10 YEAR DEAL WITH UKRAINE????!!!!!!!            

                            By metmike - June 14, 2024, 8:29 a.m.                        


Look what we helped cause! 

There's no going back.......only making it worse and worse with retarded foreign policy. 

42 Countries Joining BRICS: What Next

https://www.youtube.com/watch?v=CkCrb1T227M

Delegates from 22 countries are gathering for the BRICS foreign ministers meeting in Nizhny Novgorod, Russia, taking place on June 10 and 11, 2024. This significant event and one of the largest ones in BRICS history is set to discuss various topics related to global economic governance, multilateralism, and the ongoing development of BRICS cooperation. This represents another step towards the further expansion of the BRICS bloc in the near future.