Price of the BRICS just went up: Putin previews new BRICS 100 dollar bills

Jean toomer

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Two weeks before the US election…this political theater is doing precisely what it’s supposed to do…provoke fear and anxiety in Americans. Complete nonsense.
 

OsO

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The days of Western global hegemony are numbered :blessed:

We exploit our own working populations to enrich the ruling elites, to speak nothing of the calamities we have wrought on other countries with invasions, wars, overthrown governments and leaders assassinated - again, just for the benefit of our oligarchical elites - because they would not submit to the rule of neo-colonialist policies set by American instruments of power: the IMF and World Bank. We evilly and cynically foment conflict and war just to empty our stockpiles of weapons so they have to be replenished by the military industrial complex.

Nobody is being "held hostage" by China. BRICS serves up an alternative economic system to the corrupt self-serving systems the West imposes, often by violence. How can we know this? Because China has in fact never projected military force in other countries. They haven't even developed or built such capability. There are no Chinese carrier battlegroups. No government was ever overthrown by China. What they have to offer is mutually beneficial trade, and all are free to say No without threat of reprisal. In fact, more and more are saying Yes: BRICS has expanded, and 30 more countries are applying for membership to date.

I am hopeful that this development will shine a light on China and BRICS as a model for others to follow as a peaceful means of achieving economies that work for the benefit of common people. Xi and Putin will be remembered as the greatest statesmen of these times, if not in the minds and media in the West then certainly in the rest of world as evidenced by the growing solidarity.

This is correct.

Edit: Except that last paragraph, that sh*t is wild lol
 
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OsO

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The US will be the dominant world power as long as the US military maintains its capacity. Violence trumps currency any day.

However, countries are starting to slowly gain more global financial power because US financial policies are trash. And while military force can beat economic power, countries know that the US isn't escalating into a full blown military conflict with any country in BRICS. A proxy war at best ala Ukraine, but this is a long game and the US is playing it poorly, while China is playing it perfectly.
 

Strapped

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The year is 2050

China's population has halved killing all growth
India and China are at war
Russia, after failing to replace Putin with another competent strong man, has succumb to NATO
SA has balkanized and the right have taken back Brazil
The US dollar is still the reserve currency as immigration continues to buoy growth

Coli posters continue to hold out hope BRICS will save them


:mjcry::mjcry::mjcry:
You are clearly slow & not seeing what's in front of you . Idiots shouldn't speak on the future
 

RAX 010

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Kamala and Biden spinning the block on all those flags on that money....
CIA Special Forces etc....
Regime change type sh1t....
*Doomsday clock speeds up*

 

stave

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The days of Western global hegemony are numbered :blessed:

We exploit our own working populations to enrich the ruling elites, to speak nothing of the calamities we have wrought on other countries with invasions, wars, overthrown governments and leaders assassinated - again, just for the benefit of our oligarchical elites - because they would not submit to the rule of neo-colonialist policies set by American instruments of power: the IMF and World Bank. We evilly and cynically foment conflict and war just to empty our stockpiles of weapons so they have to be replenished by the military industrial complex.

Nobody is being "held hostage" by China. BRICS serves up an alternative economic system to the corrupt self-serving systems the West imposes, often by violence. How can we know this? Because China has in fact never projected military force in other countries. They haven't even developed or built such capability. There are no Chinese carrier battlegroups. No government was ever overthrown by China. What they have to offer is mutually beneficial trade, and all are free to say No without threat of reprisal. In fact, more and more are saying Yes: BRICS has expanded, and 30 more countries are applying for membership to date.

I am hopeful that this development will shine a light on China and BRICS as a model for others to follow as a peaceful means of achieving economies that work for the benefit of common people. Xi and Putin will be remembered as the greatest statesmen of these times, if not in the minds and media in the West then certainly in the rest of world as evidenced by the growing solidarity.
:dahell:
 

Nascimento

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Texas GDP alone > Russias...

GDP :mjlol: and how much of that is in "financial services"? Mortgages, credit card debt, student loans? You know, stuff that all of your so called economic "growth" consists of? Fake metric for a bullshyt economy. In a sane economy, these would not be counted as productive activity, but correctly labeled as transfer payments. From the 99 % to the top 1 %.

Meanwhile in brics, GDP growth is in actual domestic product, because their economies aren't financialized playthings of a ruling parasitic elite. Industrial growth and jobs for their people.

People in the West have no idea how badly they're being scammed.
 

Mister Terrific

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People in the West have no idea how badly they're being scammed.

Indoor Plumbing Still a Pipe Dream for 20% of Russian Households, Reports Say


April 2, 2019

More than one-fifth of Russian households do not have access to indoor plumbing, according to official statistics obtained by the RBC news website on Tuesday.
Russia leads the developed world with the worst sanitation record, according to the London-based WaterAid NGO. A 2012 estimate citing official data placed the number of Russians whose households are only equipped with outhouses at 35 million, or roughly a quarter of the population.




Most-Valuable-Companies-2023_Main.jpg



Yeah we are being scammed Putinski :mjlol:
 

Mister Terrific

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But this does highlight an important point: the world needs an alternative to the dollar.
The world has an alternative to the dollar. It’s called the Euro. After that the Yen. Why? Because those are high functioning democracies that don’t arbitrarily fukk with your money and you know that will adhere to the market.



• ⁠Spendability: Currently, the dollar dominates international transactions, with 70-80% of global trade overall. RMB is less accepted globally. In fact, many countries convert their local currencies into RMB through the dollar system even when they choose to use RMB.

• ⁠Investability: US financial markets are deep, accessible, and can absorb large amounts of foreign capital, making USD attractive for saving and investment. In contrast, China’s financial markets remain restrictive and less open to foreign investment, which deters major players from holding large reserves in RMB.


• ⁠Liquidity: Countries can easily obtain USD through international trade or financial markets. China’s RMB is tied to its export-driven economy thus it is less available globally, and countries mostly obtain it via borrowing through things like China’s Belt and Road.

 
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