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De-dollarization and Brics currency rise.


               
2023 Feb 21, 12:53pm   26,079 views  256 comments

by indc   follow (0)  

https://www.youtube.com/watch?v=XGd-DvuEPfU

This is a 1hr video, but very good explanation of coming de-dollarization. Take sometime to listen to it.

I dont agree 100% with the points in the video but would like any financial experts thoughts about it.

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240   RWSGFY   2024 Nov 27, 9:05pm  

DOGEWontAmountToShit says






And it's related to bricks and dedollarnazification exactly how?
241   RWSGFY   2024 Nov 27, 9:06pm  

BTW, the mighty Rubble is less than 0.9 US cents now.
242   FortWayneHatesRealtors   2024 Nov 28, 7:24am  

DOGEWontAmountToShit says

I wonder how many flights to Kazan are being cancelled now?





there’s no trade between us and Russia
243   MolotovCocktail   2024 Nov 28, 8:13am  

FortwayeAsFuckJoeBiden says

DOGEWontAmountToShit says


I wonder how many flights to Kazan are being cancelled now?





there’s no trade between us and Russia


Most dollars are traded between countries other than the US.
244   MolotovCocktail   2024 Nov 28, 8:13am  

RWSGFY says


And it's related to bricks and dedollarnazification exactly how?


Mis-fire. Good catch.

Meant to upload this one:


245   Onvacation   2024 Nov 28, 8:32am  

AD says

My guess is the US federal government remains solvent by eventually reducing Social Security payments to "rich and well-off senior citizens", as part of some means test.

As it should be.

They should also means test all of the young people on SS disability. They're a lot of able bodied people that get SSDI. Social Security and welfare office's main purpose is to pay administrators and perpetuate poverty.
247   MolotovCocktail   2024 Dec 2, 7:38pm  

Wow! Bitcoin props up USTs and also the dollar. Amazing.


248   MolotovCocktail   2024 Dec 16, 4:20pm  

Chinese 10 yr bond:


252   DemoralizerOfPanicans   2025 Jan 30, 6:40pm  

BRICS countries on notice.

Keep pushing for some alt currency or dedollarized trading scheme and you will lose access to 1/4 of the world's market overnight.

Proceed at your peril


The "C" stands for CHYna. Not that India would ever seriously finalize such a deal out of their own understanding of geopolitical reality.
254   MolotovCocktail   2025 Nov 6, 2:02pm  

WTF @indc ?

So much for BRICS 'de-dollarization'.



https://www.zerohedge.com/markets/china-sees-massive-demand-usd-bond-issuance-priced-line-usts

The 'B' must stand for Bullshit.
255   RWSGFY   2025 Nov 6, 4:43pm  

MolotovCocktail says

WTF indc ?

So much for BRICS 'de-dollarization'.



https://www.zerohedge.com/markets/china-sees-massive-demand-usd-bond-issuance-priced-line-usts

The 'B' must stand for Bullshit.


Noooooooo!

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