USA & it’s allies sanctions on Russia as a result of the unprovoked war on Ukraine has led to strengthening of Russia trade ties with India, China and other nations.
They’re trying to establish a multipolar world where USD is no more a world reserve currency. A thread 🧵
If you look at the worlds countries from their largest trading partners perspective, US is on a steady decline and China is dominant lately.
USA and other nations have been moving manufacturing offshore mostly to China which made it a $14 Trillion GDP second largest economy.
Almost 400 tons of gold scooped up was by the worlds central banks. It’s the largest buy back from worlds central banks ever since 1967 when dollar was still backed by gold. It looks like the central banks around the world realize that the USD paper Ponzi has gone on for too long
US warning sanctions on those who purchase Russian oil is like asking an addict to stop buying cheap meth from a specific dealer.
Countries don’t care, they buy anyways. If not they are pushed to trade with BRICS+. Russian economy got stronger amid U.S. sanctions.
If 12 more countries join BRICS+ and if they’re able to trade in their own asset backed currency, that’ll definitely dethrone USD from reserve currency.
All these years US has been able to export inflation due to a strong dollar. Nations don’t need dollar reserves anymore.
Algeria formally applies to join BRICS+
Algeria is Europe’s largest provider of natural gas after Russia and Norway. It has the 11th largest gas reserves in the world.
BRICS is turning into the world's source for commodities. They need to figure out a BRICS trade currency.
USA is $31 trillion in debt. Entire world is around $350+ trillion in debt.
At current debt levels, nations are under huge pressure to revive growth & reduce spending. As long as they’re under the chokehold of USD which US can inflate at will, they’ll never be debt free.
Looking at the national debt levels with a debt-to-gdp measure, Japan is the worst. Most western nations are heavily debt ridden. USA with its $31 trillion in debt, they’ll have to spend roughly $1.5 trillion just for interest payments at current rising rates.
USA #MilitaryIndustrialComplex is a tool to keep the world in check with USD being reserve currency for the last century. Now that the world realized that Ukraine is a tool for conflict with Russia & Taiwan a tool for conflict with China, it’s hard for USA to keep funding wars.
Argentina
Nicaragua
Senegal
Nigeria
Algeria
Egypt
Turkey
Saudi Arabia
UAE
Iran
Afghanistan
Kazakhstan
Thailand
Indonesia
If accepted, the new proposed BRICS members would create an entity with a GDP 30% larger than the United States, over 50% of the global population.
They’d control over 60% of global gas reserves. Its not a free trade bloc, but members do coordinate on trade matters and have established a policy bank, the New Development Bank, (NDB) to coordinate infrastructure loans. NDB rivals the IMF which has been totally U.S. centric.
The Asian Infrastructure Investment Bank (AIIB) was set up by China at about the same time for largely the same reasons, to offer alternative financing than that provided by the IMF & World Banks, which were felt to impose political reform policies designed to assist the USA
Both the NDB & AIIB banks are Triple A rated, capitalised at US$100 billion. The NDB bank shares are held equally by each of the five members. In total, the BRICS grouping as it currently stands accounts for over 40% of the global population and nearly a quarter of world’s GDP.
Together the new BRICS members create an entity with a GDP 30% larger than US
Afghanistan $22 B
Algeria $168 B
Argentina $492 B
Egypt $404 B
Indonesia $1.2 T
Iran $232 B
Kazakhstan $192 B
Nicaragua $14 B
Nigeria $441 B
Saudi Arabia $834 B
Senegal $28 B
Thailand $506 B
UAE $36 B
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You Need To Hear This. The Donald Trump Trial Was TOTALLY RIGGED.
An EXCELLENT Breakdown Of Why There Was Zero Reason For Judge Merchan To Be The Judge In The Donald Trump Case
“Understand there's absolutely no reason that Judge Merchan should have even had a chance to be assigned to this case? Now, I'm sure the left is just gonna call this a conspiracy theory.
So I'll issue a challenge to them, and maybe they can tell me how he managed to be the judge. Because for these type of cases, the way it's supposed to work is that there is a panel of 24 judges, and they are all put in rotation and randomly assigned these types of cases. Judge Merchan is not on that panel.
That's because he's not a judge. He's an acting judge. So even though they're trying to claim that they didn't pick the judge, that it was randomly assigned, that's not possible because judge Merchan isn't in the pool to be randomly assigned. So the only way he could have caught this case was to be specifically assigned to it. There was no chance of him being randomly selected.
And the wild thing is that according to the left and the department of justice, judge Merchan was not only randomly selected to be the judge in this trial, but he was also randomly selected to be the judge in the Trump Organization case, and he was randomly selected to be the judge in the Steve Bannon case.
So judge Merchan, a judge that is not in the pool of 24 judges that is supposed to catch these cases, a judge that is not an actual judge, but an acting judge caught all 3 Trump related cases randomly. This is a judge who gives heavily to an organization very plainly named Stop Trump, and a judge whose daughter makes tens of millions of dollars every year promoting Democrats.
But, yeah, I'm sure this was just a coincidence. It was a coincidence that one of the most high profile cases ever, we didn't assign a judge, we assigned an acting judge.
And that that judge somehow got selected even though he wasn't in the pool of judges available to be selected, and that the same judge that was selected also caught 2 other Trump related cases in the same year, and then that judge's daughter makes tens of millions of dollars a year promoting Democrats. Yeah. I'm sure that's all a coincidence.”
Trump 34 count conviction in NY for business records is the worst thing that could happen to America and freedom.
If they can go after Trump, they can go after you. The victims are selected, not random in America based on the establishment biases.
They wanted a humiliation ritual for Trump as “A CONVICTED FELON”
Who cares if Joe Biden is…
🚩A bumbling idiot who lies about his college degrees
🚩A moron who lies about inflation, jobs reports and the economy
🚩A pedophile who takes inappropriate showers with his own daughter
🚩A sexual pervert who sniffs around girls and children with no consequences
🚩An old diaper soiling hag who falls off the stairs, who can’t walk straight, who can’t talk one coherent sentence and one who needs a handler every inch of the way
“AT LEAST JOE BIDEN IS NOT A CONVICTED FELON”
Who TF cares
WE ALL STAND WITH TRUMP
AMERICA STANDS WITH TRUMP
WE ALL STAND WITH TRUMP
AMERICA STANDS WITH TRUMP
Stand with Donald Trump if you wanna
🚩stop endless wars
🚩close the open borders
🚩deport illegal immigrants
🚩stop supporting big tech
🚩stop supporting big Pharma
🚩stop media censorship
🚩stop funding Ukraine war
🚩stop funding Israel war
🚩stop unlimited green spending
🚩stop climate change communists
🚩stop supporting globalists
🚩stop weaponization of DOJ, DHS
🚩stop weaponization of FBI, CIA
🚩stop weaponization of CDC, FDA
🚩stop weaponization of ATF, DOD
🚩stop the LGBTQ & Pride for children
🚩stop schools from woke teaching
🚩stop student loan forgiveness
🚩stop ridiculous high inflation
🚩stop the pedophile elite mafia
🚩stop dependency on foreign energy
🚩stop draining the SPR reserves
🚩protect #Bitcoin crypto innovation
🚩protect value of the US Dollars
🚩protect America from China & Russia
David Pyne claimed Russia’s long-range GPS jammers are so effective they caused “90% of guided missile and drone systems supplied by the U.S to Ukraine to miss their target.”
Patriot & Hawk missiles are mostly useless against Russia.
Americans Are Reaching A Breaking Point. The Corruption Has Gone Too Far.
“This is not a rhetorical question. When is enough actually gonna be enough in America?
America is getting so bad.”
- We have roads with potholes in them.
- We have bridges in Baltimore falling down.
- We have grocery prices at an all time high.
- We have an entire generation of people that cannot afford to buy a home.
And the best that American politicians can do is send a trillion dollars to Ukraine?