#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.

A thread 🧵 for your awareness👇
Image
A prev thread 🧵 on the rise of BRICS
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 Image
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. Image
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.
Image
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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
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#BricsCurrency vs. #USDollar Image
Where do y’all think we are in the west. This is definitely not looking good. Image
GDP of BRICS >> GDP of G7 Image
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. Image
"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.



Image
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The United States government is inadvertently declaring war on its own currency Image
Egypt 🇪🇬 to settle trades with BRICS nations in their local currencies from India, China and Russia 👍 Image
“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 Image
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 list of applicants include:

Saudi Arabia🇸🇦
UAE🇦🇪
Egypt🇪🇬
Algeria🇩🇿
Bahrain🇧🇭
Indonesia🇮🇩
Argentina🇦🇷
Mexico🇲🇽
Nigeria🇳🇬
Bangladesh🇧🇩
Venezuela🇻🇪
Iran🇮🇷
Kazakhstan🇰🇿
Turkey🇹🇷
Syria🇸🇾
Nicaragua🇳🇮

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 🤷‍♂️
Image
East is dominating the west in the future
BRICS will dominate G7 going forward
BRICS membership (GDP):

🇧🇷 Brazil: $2.08 trillion
🇷🇺 Russia: $2.06 trillion
🇮🇳 India: $3.74 trillion
🇨🇳 China: $19.37 trillion
🇿🇦 South Africa: $399 billion

Applied for membership:

🇩🇿 Algeria: $206 billion
🇦🇷 Argentina: $641 billion
🇧🇭 Bahrain: $44 billion
🇪🇬 Egypt: $387 billion
🇮🇩 Indonesia: $1.39 trillion
🇮🇷 Iran: $367 billion
🇸🇦 Saudi Arabia: $1.06 trillion
🇦🇪 UAE: $499 billion


That’s well over $33 trillion
Image
US hegemony is slowly coming to an end Image
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 Image
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 Image
China has partnered with the Bank of International Settlements to create mBridge, a digital payment system that completely bypasses SWIFT and 🇺🇸 US banks Image
India makes the first crude oil trade with UAE in Rupees (INR)

Dedollarization is happening fast Image
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 Image
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."
Image
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.
Image
BRICS is winning, G7 is losing 🤷‍♂️ Image
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. Image
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.
Image
While America is making more enemies, China is making more friends Image
23 nations are officially very interested in joining BRICS Image
The rise of the BRICS Image
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.
Image
BRICS just announced that Argentina, Iran, Saudi Arabia, Egypt and UAE are members. Dedollarization continues and the petrodollars are dead. Image
6 new countries are joining BRICS by January 1st 2024. They can all start trading goods and services in their local currencies. Image
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. Image
‘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 Image
BRICS now covers more than 1/3rd of the entire worlds population Image
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.
Image
Great news for the Indian Rupee (INR)
Bad news for the US Dollars (USD) Image
The West is losing
The East is winning Image
🇮🇳 India GDP per capita 2000: $442
🇮🇳 India GDP per capita 2023: $2,601

GDP grew 6x in 23 years… amazing Image
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 Image
BRICS currency note 👇 Image
BRICS+ is winning, G7 is losing Image
The west is losing
The east is winning

Soon the east will dominate world trade Image
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🏭 Image
India 🇮🇳 >> Italy 🇮🇹
BRICS >> G7 Image

• • •

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More from @DeepBlueCrypto

Dec 14
Here are 10 arguments proving that climate change is a giant hoax to perpetuate the climate spending from innocent taxpayers:

1. Historical Climate Variability: Climate has always changed naturally over time, citing periods like the Medieval Warm Period or the Little Ice Age as evidence that current changes are within historical norms, not caused by human activity.

2. Inaccuracies in Climate Models: Climate models have failed to predict certain trends or events accurately, suggesting that these models might exaggerate the impact of CO2 or other greenhouse gases.

3. Urban Heat Island Effect: Temperature increases recorded in urban areas are due to more concrete and less vegetation, not global warming, thus skewing global temperature data.

4. Benefits of CO2: There's an argument that CO2 is beneficial for plant growth, essentially acting as plant food, which could lead to greener Earth and higher crop yields, countering negative effects.

5. Economic Motive for Climate Tax: The suggestion here is that the push for climate change action is more about creating a new tax revenue stream for governments rather than environmental protection. This tax, they claim, would disproportionately affect the poor and small businesses.

6. Manipulation of Data: Climate data has been manipulated or selectively reported to fit a narrative, like the "Climategate" controversy where emails suggested scientists might have withheld data or adjusted it to support their conclusions.

7. Natural Solar Cycles: Changes in solar activity, like sunspots or solar cycles, correlate more closely with Earth's temperature changes than CO2 levels do, suggesting solar influence over human influence.

8. Lack of Consensus: There's significant disagreement within the scientific community about the extent and cause of climate change.

9. Previous Doomsday Predictions: most of the past environmental predictions about population growth, resource depletion, or pollution that didn't materialize as predicted, suggesting current climate predictions might also be exaggerated or wrong.

10. Geopolitical Control: Climate change fears are used by global elites or organizations like the IMF, UN, WEF and WHO to push for more centralized control over national policies, economies, and personal behaviors through mechanisms like carbon credits or emission treaties.

A thread on Climate Change 👇Image
Read 14 tweets
Nov 27
Childhood Vaccines
1983 = 10 vaccines
2013 = 32 vaccines
2022 = 74 vaccines

Autism Rates
1983 = 1 in 10,000
2013 = 1 in 88
2022 = 1 in 36
2025… estimates 1 in 2

A meme thread on vaccines and how the big pharmaceutical and the medical cartels have taken America hostage👇 Image
Image
Read 25 tweets
Nov 26
Here is a comprehensive list of various taxes that individuals, businesses, and entities might encounter in the United States:

🚩🚩Federal Taxes:

1. **Individual Income Tax** - Levied on personal income, including wages, salary, investments, and other income sources.
- **Alternative Minimum Tax (AMT)** - Ensures that individuals and corporations with high incomes pay at least a minimum amount of tax.

2. **Corporate Income Tax** - Taxed on corporate profits.

3. **Payroll Taxes:**
- **Social Security Tax** - Funds Social Security benefits.
- **Medicare Tax** - Funds Medicare health programs.
- **Federal Unemployment Tax (FUTA)** - Helps fund unemployment benefits.

4. **Capital Gains Tax** - Tax on the profit from the sale of assets like stocks, bonds, or real estate.

5. **Estate Tax** - Tax on the transfer of the estate of a deceased person.

6. **Gift Tax** - Tax on transfers of money or property when a person does not receive something of at least equal value in return.

7. **Excise Taxes** - Specific taxes on certain goods or activities like gasoline, alcohol, tobacco, and airline tickets.

8. **Customs Duties** - Tariffs on imported goods.

9. **Self-Employment Tax** - Similar to social security and Medicare taxes but for self-employed individuals.

🚩🚩State and Local Taxes:

1. **State Income Tax** - Many states levy income taxes on individuals and corporations. Rates vary by state, some have flat rates, while others have progressive brackets.

2. **Sales Tax** - A tax on retail purchases, varies by state and sometimes by locality within states.

3. **Property Tax** - Assessed on real estate, personal property, and sometimes intangible property like stocks.

4. **Local Income Taxes** - Some cities or counties impose their own income taxes.

5. **Excise Taxes** - States and some local governments might also have their own excise taxes, e.g., on gasoline, alcohol, and tobacco.

6. **Use Tax** - Charged when sales tax has not been paid on taxable items used, stored, or consumed within a state.

7. **Franchise Tax** - A tax imposed on businesses, often based on the net worth or capital stock of the business.

8. **Occupation Tax** - Tax on certain professions or occupations.

9. **Severance Tax** - Tax on the extraction of nonrenewable natural resources like oil, gas, and minerals.

10. **Hotel Occupancy Tax** - A tax on hotel room charges.

11. **Vehicle Registration Fees** - While not always considered a tax, these fees contribute to state revenues.

12. **Toll Taxes** - For the use of toll roads or bridges.

🚩🚩Other Taxes and Fees:

- **Biodiesel Fuel Taxes**
- **Building Permit Taxes**
- **Business Registration Fees**
- **Court Fines** - Can be considered a form of tax revenue for governments.
- **Disposal Fees** - For waste management or recycling.
- **Dog License Taxes**
- **Drivers License Fees**
- **Employer Health Insurance Mandate Tax** - Under certain conditions, like the Affordable Care Act's employer mandate.
- **Hunting and Fishing Licenses** - Fees can be considered taxes on those activities.
- **Inheritance Tax** - Some states tax the inheritance received by heirs.
- **Luxury Tax** - On high-value items like expensive cars or yachts.
- **Marriage License Fees**
- **Parking Tickets** - While punitive, they contribute to municipal revenue.
- **Real Estate Transfer Tax** - Paid when property deeds change hands.
- **Rental Car Tax**
- **Road Usage Tax** - Sometimes charged for electric or hybrid vehicles in lieu of gas tax.
- **School District Property Tax**
- **Telecommunications Tax** - On phone services.
- **Tire Disposal Fees**
- **Tourist Development Taxes** - Often related to accommodations to fund tourism promotion.

This list isn't exhaustive as new taxes can be introduced or modified at anytime.

A dreaded meme thread on taxes👇Image
Governments don’t beat you to death
Governments will just tax you to death Image
Read 57 tweets
Nov 25
Infographics are essential to convey information to people in the modern world.

“Stop supporting the military industrial complex”

A thread 🧵 #22 for your awareness👇 Image
Stop abusing children Image
Read 27 tweets
Nov 24
Legacy Media often twists or hides the truth to fit the narratives of the establishment or their corporate sponsors and owners

Two compelling arguments by which they spread disinformation and propaganda are…

🚩🚩Selective Reporting & Framing

The media often engages in selective reporting and framing to align with establishment narratives, manipulating public perception by:

🎯 Omission of Facts: Media outlets might choose to omit or downplay information that does not fit the narrative. For instance, during political campaigns, stories that could negatively impact a favored candidate might be under-reported or buried in less visible sections of news coverage. This selective coverage ensures that the audience is only presented with a version of the story that supports the establishment's viewpoint.

🎯 Framing the Narrative: The way stories are framed can dramatically alter their interpretation. By choosing certain images, headlines, or angles, media can emphasize aspects that support the establishment's position while ignoring others. An example is the portrayal of economic policies where positive outcomes might be highlighted for one administration, whereas similar actions by another might be criticized, based on political alignment rather than objective analysis.

🎯 Use of Experts: Media often uses experts or pundits who are known to align with establishment views, thereby creating an echo chamber where only one side of an argument is given weight. This selective use of experts can skew public understanding by presenting a one-sided narrative, especially on complex issues like economic policy or international relations, where nuanced debate is necessary.

🎯 Context Stripping: Presenting events without their full context can mislead the audience. For instance, reporting on protests might focus solely on instances of violence without explaining the underlying causes or peaceful aspects, thus framing the event in a light that supports law enforcement or government action over the protesters' grievances.

The result is a public discourse that is heavily influenced by what the establishment deems important or beneficial, often at the expense of a more balanced or truthful representation of events.

🚩🚩Sensationalism & Agenda Setting

Media outlets sometimes twist truth through sensationalism and agenda-setting practices, which include:

🎯 Sensational Headlines: To capture attention, media might use sensational or misleading headlines that do not accurately reflect the content of the article. This practice can lead readers to form opinions based on headlines alone, which are often crafted to support narratives favored by the establishment or to generate more clicks and views for profit.

🎯 Amplification of Minor Events: By focusing disproportionately on minor events that align with a particular narrative, media can inflate their significance. This might involve over-covering stories that fit into pre-existing political or social narratives, thereby distracting from more substantial issues or giving undue weight to incidents that serve political ends.

🎯 Manufacturing Crises: Both media and government can benefit from crises, real or perceived. Media sometimes exaggerate or create a sense of urgency around issues that might not be as critical or immediate as portrayed. This tactic can be used to push policy agendas or to rally public support behind establishment figures or parties, particularly during elections or when legislation is at stake.

🎯 Echo Chamber Effect: By predominantly covering stories that confirm the biases of their audience, media outlets can reinforce rather than challenge public opinion, aligning with establishment narratives. This selective reporting creates an environment where alternative viewpoints are seldom aired, thus bending the truth to fit an agenda.

These practices not only shape public perception but can also influence political and social outcomes.

A meme 🧵 on biased corrupt media👇Image
Legacy media is dying a slow death

X is the new media now Image
Read 79 tweets
Nov 16
The term "Military-Industrial Complex" (MIC) was popularized by President Dwight D. Eisenhower in his farewell address in 1961. Here's an explanation of what it entails and how it functions:

### Definition:

The Military-Industrial Complex refers to the relationship between a nation's military, its government defense establishment, and private industry involved in producing arms, military technology, and other defense-related products. This complex has evolved to include think tanks, universities, and other institutions that also contribute to or benefit from defense policy and spending.

### Components:

1. **Government (Military and Defense Departments):**
- The government sets defense policy, determines military needs, and allocates budgets. In the U.S., this primarily involves the Department of Defense (DoD), but also other agencies like the Department of Homeland Security, the CIA, and others involved in national security.

2. **Defense Contractors:**
- These are private companies that design, produce, and sell military hardware, software, and services. Examples include Lockheed Martin, Boeing, Raytheon, and many others. These companies depend on government contracts for a significant portion of their revenue.

3. **Congress:**
- Members of Congress influence defense spending through their ability to authorize and appropriate funds. Defense spending can be a significant economic driver for districts with military bases or defense manufacturing facilities, leading to what's often called "pork barrel" projects.

4. **Think Tanks and Lobbying Groups:**
- These organizations often receive funding from defense companies and advocate for policies that would increase defense spending or favor specific military technologies or strategies.

### How It Works:

- **Budget Cycle:**
- Defense spending is part of the federal budget, which Congress must approve. Lobbying efforts by defense contractors, military leaders, and related interest groups can influence these budgetary decisions.

- **Revolving Door:**
- There's a notable "revolving door" phenomenon where individuals move between positions in the military, defense companies, and government. This can lead to policies that benefit former or future employers due to personal relationships or future career prospects in the defense industry.

- **Research and Development:**
- Significant R&D in military technology is often funded by the government, sometimes through contracts that promise future purchases if the technology proves viable. This intertwines the interests of the military with those of the companies developing these technologies.

- **Economic Impact:**
- Defense spending can significantly impact local economies, especially in areas with defense installations or manufacturing plants. This economic dependency can lead to political support for continued or increased military expenditure.

- **Lack of Accountability:** The complexity and secrecy often associated with defense projects can lead to less accountability regarding costs, effectiveness, and ethical considerations.

- **War as Business:** There's a concern that wars or conflicts might be prolonged or initiated for economic benefits to the defense industry.

- **Influence on Foreign Policy:** The MIC might push for policies that secure markets for defense products, potentially affecting diplomatic relations and international peace.

In essence, while the Military-Industrial Complex has been pivotal in maintaining military readiness and technological superiority, it also poses challenges regarding governance, transparency, and the ethical distribution of public resources. Its operation reflects a deep integration between economic interests, national security, and political power, with significant implications for both domestic policy and international relations.Image
At that point isn’t it too late for them to act feminine while the draft starts?

They want equal rights right Image
Read 39 tweets

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