Russia is not going to break the dollar.
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Russia is not going to break the dollar.
"when socialism fails, blame capitalism and demand more socialism." - A friend
"You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
“Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho
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Not by itself ... Biden is helping with inflation. India and China and most of EU are still buying oil.Originally Posted by fj1200
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If the freedom of speech is taken away
then dumb and silent we may be led,
like sheep to the slaughter.
George Washington (1732-1799) First President of the USA.
Ignored by the alt-right
Russia is not going to break the dollar. At all.
And what is biden doing to inflation again?
Donald J. Trump 2018 revenues spending diff GDP rev by gdp spend by gdp diff 2019 3,463.4 4,447.0 -983.6 21,223.9 16.3 21.0 -4.6 2020 3,421.2 6,550.4 -3,129.2 20,999.7 16.3 31.2 -14.9 estimate 2021 3,580.8 7,249.5 -3,668.7 22,030.0 16.3 32.9 -16.7 Joesph R. Biden 2022 4,174.2 6,011.1 -1,837.0 23,499.7 17.8 25.6 -7.8 estimate 2023 4,641.0 6,013.0 -1,371.9 24,563.3 18.9 24.5 -5.6
https://www.presidency.ucsb.edu/stat...ts-and-outlays
"when socialism fails, blame capitalism and demand more socialism." - A friend
"You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
“Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho
Over 40 Victim of Fate
Putin ally China rejects Russian oil despite steep discounts amid Western sanctions, report says
"I am allergic to piety, it makes me break out in rash judgements." - Penn Jillette
"I have never killed a man, but I have read many obituaries with a lot of pleasure." - Clarence Darrow
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China's not ready. When it is, it won't be some half-ass plan like Putin's. If China isn't preempted, when it moves, everyone will be toast.
This sudden, latest covid outbreak came at quite the opportune time for China, did it not? Just in time to lock the country down and bow out of World affairs. Could be a coincidence
“When bad men combine, the good must associate; else they will fall, one by one, an unpitied sacrifice in a contemptible struggle.” Edumnd Burke
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If the freedom of speech is taken away
then dumb and silent we may be led,
like sheep to the slaughter.
George Washington (1732-1799) First President of the USA.
Life, Love, Truth, 3 gems
I suspect that Russia and China have cooked up a plan to gain dominance over USA.
Putin fails to see that China will stab Russia in the back to come out far ahead.
Watch as the next two years unfold.
China seeks to make its currency replace that of USA.
They damn sure will not let Russia's currency gain any sort of worldwide dominance.
In my opinion, Putin/Russia is now foolishly playing the same type of role as did Stalin to Hitler.
Before the ( should have been seen ) coming stab..-- Tyr--
18 U.S. Code § 2381-Treason Whoever, owing allegiance to the United States, levies war against them or adheres to their enemies, giving them aid and comfort within the United States or elsewhere, is guilty of treason and shall suffer death, or shall be imprisoned not less than five years and fined under this title but not less than $10,000; and shall be incapable of holding any office under the United States.
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From The Hill
https://thehill.com/opinion/internat...dollarization/The hegemony of the U.S. dollar was reliant on America’s hegemonic status in the world. With the world moving toward multipolarity and with the U.S. no longer the world’s largest trading nation (it is China) the power and status of the dollar could be waning as well. Given the increasing role played by China, the European Union and other countries of the global south, the dollar might just be witnessing its descent.
It is a matter of when the U.S. dollar loses its dominance among global currencies — not will. The economic sanctions following the Russian invasion could have just accelerated that downfall.
If the freedom of speech is taken away
then dumb and silent we may be led,
like sheep to the slaughter.
George Washington (1732-1799) First President of the USA.
Ignored by the alt-right
The majority of the world is not going to use a non-floating currency for reserve purposes.
"when socialism fails, blame capitalism and demand more socialism." - A friend
"You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
“Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho
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Source?
If the freedom of speech is taken away
then dumb and silent we may be led,
like sheep to the slaughter.
George Washington (1732-1799) First President of the USA.
Ignored by the alt-right
My brain, common sense, currency markets...
Stuff like this...
https://www.bloomberg.com/opinion/ar...-won-t-be-easy
And a general non-understanding of why you so want to believe that a pissant country is going to lead the world to against the US dollar as a reserve currency when they can't even make it past Ukraine.
"when socialism fails, blame capitalism and demand more socialism." - A friend
"You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
“Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho
Looking for a hero
Well, I have a brain as well. And common sense. And I've posted several sources that are saying the dollar is shaky.
And I have a general non-understanding why you can't even entertain the thought that China, Russia and India are working to devalue the dollar. They're finally waking up to the fact that the dollar allows the U.S. to be the power broker in the world.
And even your source says it won't be easy but didn't say it can't happen.
The WEF is also working to devalue the dollar, putting the U.S. in a position to depend on global digital currency using blockchain technology.
https://www.israel365news.com/268206...onomist-warns/
If the freedom of speech is taken away
then dumb and silent we may be led,
like sheep to the slaughter.
George Washington (1732-1799) First President of the USA.
Ignored by the alt-right
I question your sources. And the BRIC economies would very much like to trade in non-dollar currencies but have been unsuccessful for years and will continue to be unsuccessful for many more years because none of them have the advantages of the US Dollar.
WEF
"when socialism fails, blame capitalism and demand more socialism." - A friend
"You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
“Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho
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And I question yours. Too much MSM with many lies to believe a lot of it.
And if you're not up-to-date on WEF then you have your head in the sand.
If the freedom of speech is taken away
then dumb and silent we may be led,
like sheep to the slaughter.
George Washington (1732-1799) First President of the USA.
Looking for a hero
If the freedom of speech is taken away
then dumb and silent we may be led,
like sheep to the slaughter.
George Washington (1732-1799) First President of the USA.
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