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

Apollo Creed

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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.



most dudes don't leave their neighborhood thus they are living off some kinda Marxist Revolutionary fantasy online
 

Damnshow

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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:
Exactly

russia is a 3rd world shythole that has couple really large city's like moscow, petersburg, etc. that live in far better conditions than the rest of the country.


They haven't changed since cold war era at all. Most of the money they spend is on propaganda export and military complex. They don't care about improving piss poor conditions that their people live in. In fact, it's their strategy. Keep them poor enough to be unable to rise up against their government.
 

voltronblack

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Can we return all these Indians if they’re taking sides?
We won't drop our support of India until it appears they are backing both Russia and China. India appears to be receiving a pass from the U.S. government when it comes to their dealings with Russia, but when it seems like they are supporting China's power plays, the U.S. government will mostly turn on them, since the main reason we are dealing with them is that we want to use them against China. It will be null and void the political and business alliance if these Indian politicians get in bed with China and with Russia.
 

BlaccSunrise

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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.
full
 

MoshpitMazi

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most dudes don't leave their neighborhood thus they are living off some kinda Marxist Revolutionary fantasy online
What's wrong with Marx :mjpls:?

Let's Speak facts, not emotions regurgitated to you through the traditional American capitalist educational system and worldview.


Dudes act like people wanna play the rat race forever. Like that's a way to live.


You're speaking to an black American by the way so c00n punchlines and gotchas don't mean much at all.
 

Cynic

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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 as bad as the copium hot takes in here. N!ggas really think the US could sanction 1/3 of the planet and
they'd sit by and not look out for their own interests. I won't even get into sending gay missionaries and pedos
on some "human rights" bullshyt.

This won't replace the dollar - it will serve as an alternative when the west gets froggy - thats it
 

Apollo Creed

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What's wrong with Marx :mjpls:?

Let's Speak facts, not emotions regurgitated to you through the traditional American capitalist educational system and worldview.


Dudes act like people wanna play the rat race forever. Like that's a way to live.


You're speaking to an black American by the way so c00n punchlines and gotchas don't mean much at all.
How many people have you killed?
 
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