#BRICS trading group is gaining steam while US Dollar is losing steam. As of 2021 18.5% of all trades were settled in Yuan, by 2022 it jumped to 26.6%.
Iran is trading in Yuan
Iraq is trading in Yuan
India is trading in Yuan
Brazil is trading in Yuan
France is trading in Yuan
Russia is trading in Yuan
Sri Lanka is trading in Yuan
Argentina is trading in Yuan
Saudi Arabia is trading in Yuan
It’s only a matter of time for Yuan to takeover the US Dollar as the world reserve currency unless something drastically changes.
IF YOU WEAPONIZE YOUR CURRENCY (USD) ENOUGH TIMES, OTHER COUNTRIES WILL STOP USING IT
They’re talking about sanctions on other countries to trade internationally
BRICS member states account for over 40 percent of the global population and around a quarter of the global GDP.
The greenback has become more unreliable for dollarized economies due to rising interest rates regulated by the FED and the weaponization of the dollar by sanctions.
Former Morgan Stanley analyst Steven Jen warns the dollar is falling off a cliff. #Dedollarization is happening at record speeds from USD share of 73% in 2001 to 55% in 2020. Then it fell off a cliff losing 8% in a year to 47% in 2022 due to sanctions.
Gotta agree with @balajis
We have a multipolar world and the US is coming to terms with it…
Their days of CIA misinformation, mainstream media misinformation, declare regime changes and military bases everywhere are dwindling fast.
A 13 year old girl asked Warren Buffett about the U.S dollar losing its reserve currency status with the debt hitting $31 trillion a 125% of GDP and countries fleeing from the dollar.
She’s asking a better question than 99% of journalists.
Pakistan is buying discounted Russian oil in Chinese Yuan
More bad news for the US Dollar
#BricsCurrency vs. #USDollar
Where do y’all think we are in the west. This is definitely not looking good.
GDP of BRICS >> GDP of G7
BRICS+ includes Brazil, Russia, India, China, South Africa and soon Indonesia, Saudi Arabia and 13 other applicants. This multipolar alliance is bigger than the G7. It will end US hegemony and the US dollar as a reserve currency. The expiry date of US empire is set.
"We absolutely cannot protect the economy if the US defaults on its debt," said the Fed's Neel Kashkari.
US Dollar being a world reserve currency is a confidence game. Debt defaults and these standoffs don’t instill confidence.
Look at the countries primary trading partners shift every 30 years (3 decades) from USA (1960) to Germany (1990) to China (2020)
China is the world’s largest manufacturing hub and the worlds largest trading partner for most countries now.
From negotiations perspective, USA isn’t in a position of strength, China is.
From an economic perspective, USA no longer holds the bargaining chip, China does.
From a diplomatic perspective, USA lost its credibility through lies, wars and sanctions. China has an upper hand from this regard as well.
From a capital investment perspective I’d rather invest in China and India rather than US & Europe.
The United States government is inadvertently declaring war on its own currency
Egypt 🇪🇬 to settle trades with BRICS nations in their local currencies from India, China and Russia 👍
“Why do we need to trade goods & services between Kenya & Djibouti in US Dollars?”
People are realizing the benefits of frictionless trade between countries in their local currencies
US Dollar dominance declines slowly then suddenly
China welcomes Palestinian President Mahmoud Abbas to announce a strategic partnership. Xi Jinping wants to repair the damage that the US and Israel have done.
China is bringing peace to the Middle East which was destroyed by the USA 🇺🇸 and Israel 🇮🇱
Damn… #BRICS is getting more and more popular…
US Dollar is losing steam
Chinese Yuan gaining traction
Putin Is Right Again About The New Multipolar World Getting Stronger
Putin at St. Petersburg Economic Forum: "The neocolonial international system has ceased to exist, while the multipolar order is getting ever stronger. This process is inevitable."
Almost 20 countries have applied to join BRICS as per Russia’s🇷🇺 Deputy Foreign Minister
The new BRICS currency being discussed will reportedly be backed by gold, rare earth metals and the other natural resources of the BRICS members, with expansion bringing in the vast natural resource wealth of new members.
While the US dollar is backed arguably by nothing other than the US’ military dominance and declining hegemonic bullying, will the arrival of the BRICS currency deal a quick and fatal blow to the position of the dollar as the world’s most dominant currency 🤷♂️
East is dominating the west in the future
BRICS will dominate G7 going forward
BRICS to launch new currency backed by gold at August 2023 summit
‘Gold standard will be a great benefit to strengthening new single currency’
‘41 countries have applied for BRICS-membership’
#BRICS >> G7 and USD de-dollarization continues
Russia confirms that BRICS countries are launching a BRICS currency backed by #gold.
It’s on the agenda for BRICS South Africa meeting in August. 41 other countries have applied to join BRICS.
De-dollarization is happening fast.
The Chinese yuan will never replace the US Dollars as the world reserve currency… because the Chinese government doesn’t want the filthy rich to exit the country
Brazil president calls for an end to US dollar trade dominance and the weaponization of the dollar with sanctions on the poor countries
The resentment towards United States and the western NATO forces around the world is exploited by the BRICS nations including Russia and China to their advantage by pulling those nations with friendly gestures instead of western sanctions
Now say the US Dollar is the strongest currency
China has partnered with the Bank of International Settlements to create mBridge, a digital payment system that completely bypasses SWIFT and 🇺🇸 US banks
India makes the first crude oil trade with UAE in Rupees (INR)
Dedollarization is happening fast
America and the west is scared of what China is doing in Africa. They’re beating the west in their own game financially but with much better success since they’re not colonizing Africa like the west.
Morocco 🇲🇦 joins the race, officially submits the application to join BRICS
Donald Trump — The US Dollar is losing its position as a dominant world reserve currency. This is a bigger loss than any war. If this continues the economy will be in shambles.
XI JINPING addresses South Africa media before the BRICS summit 👍
"We should fear no hegemony, and work with each other as real partners to push forward our relations amid the changing international landscape."
"What the world needs today is peace, not conflict; what the world wants is coordination, not confrontation. China and South Africa, as natural members of the Global South, should work together to appeal for greater voice and influence of developing countries in international affairs, promote accelerated reform of international financial institutions, and oppose unilateral sanctions and the “small yard, high fence” approach. We should jointly safeguard our common interests."
The BRICS bank vs. The World Bank
The BRICS Bank is preparing to lend in South African and Brazilian currencies to reduce reliance on the US Dollar.
The World Banks purpose is to destroy small countries that are in trouble by lending at huge costs and demanding much more than interests.
Dedollarization continues to undermine the dollar at the worlds stage and the more countries trade in their own currencies, the weaker the dollar gets.
BRICS is winning, G7 is losing 🤷♂️
The biggest lesson United States can learn from this is… going forward in a multipolar world, sanctions don’t work
Eastern economies will grow much faster than the western economies. The era of financial slavery and colonialism in Africa will come to an end. No more stealing.
Goldman Sachs says the BRICS will dominate the world economy by 2050 yet the western media is completely silent on what’s happening.
The western hegemony is over and the east will rise going forward.
BRICS “New Development Bank” Chief Dilma Rousseff says the BRICS Bank will accept 4-5 new members, with oil superpower Saudi Arabia seeking to join earlier this year.
BRICS New Development Bank Membership:
Brazil🇧🇷
Russia🇷🇺
India🇮🇳
China🇨🇳
South Africa🇿🇦
Bangladesh🇧🇩
UAE🇦🇪
Egypt🇪🇬
Uruguay🇺🇾 (officially in the process of joining)
As of May 2023, the BRICS Bank has lent $33 billion to 96 infrastructure projects. They will be lending much more in the next couple of years. You will see the NDB taking a larger role in nation building than the IMF & World Banks.
While America is making more enemies, China is making more friends
23 nations are officially very interested in joining BRICS
The rise of the BRICS
Chinese President XI Jinping’s statements:
- BRICS countries should oppose economic coercion and focus on business cooperation.
- BRICS countries should expand political and security cooperation, maintain peace and tranquility.
- Cold War mentality persists today, geopolitical situation grim.
- China is ready to cooperate with all parties to establish a mechanism for sustainable industrial exchange and cooperation in the BRICS countries.
BRICS just announced that Argentina, Iran, Saudi Arabia, Egypt and UAE are members. Dedollarization continues and the petrodollars are dead.
6 new countries are joining BRICS by January 1st 2024. They can all start trading goods and services in their local currencies.
BRICS countries now control 80% of the world's oil reserves and more than 35% of global GDP. The #PetroDollar is toast and US hegemony is at stake.
They are developing a single currency for international trade.
‘We already live in a post-American and a post-Western world. We’re in a world where the BRICS countries are larger than the G7 countries…the US is a quarter of a century out of date’
-Jeffrey Sachs
BRICS+ 6 countries
BRICS now covers more than 1/3rd of the entire worlds population
Why Ethiopia? What’s the significance of joining Ethiopia into BRICS and also establishing the headquarters there?
Because it is a direct appeal to the rest of Africa. Moreover, the appeal is at the level of historical feeling. Ethiopia is the only country on the African continent that has never been a European colony. There simply could not be a louder signal for the entire Black Continent than the admission of Ethiopia to the BRICS.
Great news for the Indian Rupee (INR)
Bad news for the US Dollars (USD)
The West is losing
The East is winning
🇮🇳 India GDP per capita 2000: $442
🇮🇳 India GDP per capita 2023: $2,601
GDP grew 6x in 23 years… amazing
In the first five months of this year, the Iranian government added more than 4.1 tons of standard gold bars to its treasury.
Gold >>> US Dollars >>> Iranian Rial
BRICS currency note 👇
BRICS+ is winning, G7 is losing
The west is losing
The east is winning
Soon the east will dominate world trade
BRICS+
🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦🇸🇦🇦🇪🇮🇷🇪🇬🇦🇷🇪🇹
45% of the world's oil production🛢️
37% of global GDP @ PPP💰
25% of global merchandise trade
45% of global forex reserves💱
47% of global population🌍
44% of global oil reserves🛢️
25% of global exports🚢
38.3% of global industrial output🏭
India 🇮🇳 >> Italy 🇮🇹
BRICS >> G7
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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?