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#Dedollarization

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Cogent geo-strategic analysis! Well worth taking time out to read!

“Alternatives vs. Reality: Assessing the R-C-I Axis and BRICS+ Power in a Declining Hegemonic Order: The Constrained Challenge to Hegemon”

by Raja Sohail Bashir in The Geopolitical Compass on Substack

“Beyond the Headlines – Deconstructing a World in Flux, Charting a Path Forward”

open.substack.com/pub/hailyb/p

#Press #GeoPolitics #Analysis #US #Hegemony #BRICS+ #Russia #China #Iran #DeDollarization #Empire #Multipolarity #Risk

The Geopolitical Compass · Alternatives vs. Reality: Assessing the R-C-I Axis and BRICS+ Power in a Declining Hegemonic OrderPar Raja Sohail Bashir
A répondu dans un fil de discussion

And no, #Trump|s #regime will #speedrun the #dedollarization of #WorldTrade in favour of the #Euro, because noone wants to deal with a regime that essentially devalued the #USD by 5,6% in the last 3 months, 2,4% in the last month alone compared to the #EUR!

It'll make the #USA more irrelevant and hopefully that'll be the end of it, with it ceasing to exist and it's remains being absorbed by #Mexico and #Canada along the former #SlaveryBelt!

Hopefully people will not require 8,5 years to grow a spine to get rid of #AgentKrasnov in time!

BRICS PAY

「 BRICS PAY will feature a decentralized Cross-border messaging system (DCMS), developed by scientists of the Center of Saint-Petersburg State University of Russia. DCMS operates, transparently, without any central owner or hub. Participants manage their own nodes, allegedly making the system resistant to external abuse, control or interference 」

en.wikipedia.org/wiki/BRICS_PA

en.wikipedia.orgBRICS PAY - Wikipedia

#Russia's invasion of #Ukraine, #Israel's #genocide in #Gaza, and #Trump's childish foreign economic policies have sped up the process of #dedollarization and the growth of BRICS future membership list tremendously in just one year. The GDP (PPP) of BRICS members (excluding "partner s") had surpassed that of NATO. If one includes new partner countries that may join as formal BRICS members, the GDP (PPP) of BRICS will be double that of NATO members in less than 10 years.

opportunities-insight.britishc

“Trump’s Naivety Exposes America’s Decline”

by George Hazim in George’s Newsletter on Substack

“To exemplify how both geopolitically naive and ignorant Trump remains, and it’s as if he’s learnt nothing or has been absent in the past four years, today, Trump threatened to impose a 100 percent tariff on BRICS countries if
they pursue de-dollarisation”

open.substack.com/pub/georgeha

George’s Newsletter · Trump's Naivety Exposes America's DeclinePar George Hazim
#Press#US#Trump

There is confirmation from #BRICS that 159 of the 195 nations have committed to adopting the new payment system. This "BRICS bridge", aims to destroy the dominance of the Western-controlled #SWIFT and the US #dollar.
The widespread interest in this new payment mechanism underscores the growing desire among nations to move away from the dollar.
And the number of countries that have said they will follow this new mechanism shows how successful global #dedollarization will be.

When full global #dedollarization comes and the petrodollar stops fueling the Ponzi scam they have called the "debt-based monetary system", #US GDP will lose more than 80%, which is now just accounting entries and have no relation to any actual -real market- values.

This is so important that they will probably go to war to prevent it from happening

#Trump has threatened that if he is returned as president, he will impose 100% tariffs on countries that drop the dollar in an attempt to disrupt their trade.
One would have to be seriously stupid not to realize that these kinds of threats will accelerate the global #dedollarization movement, incentivizing more nations to join #China, #Russia #BRICS in seeking economic alternatives, and probably much earlier than what they might have aimed for...

seriously stupid

Economic projections show that with full global #dedollarization the #US economy will lose over 70%.
In the US about 20% of #GDP comes from normal production of goods, while 80% comes from services.
By services we mean the infamous Ponzi scheme of capitalism and the notorious debt-based economy that grows GDP even when people are suffocating.
In other words, nothing but thin air.

The problem with these capitalist economic gimmicks is that you can't eat them when you're hungry.

De-dollarization is growing: Even the #US Federal Reserve (reluctantly) admits it

Countries around the world are seeking alternatives to the US #dollar. #IMF #economists say #de-dollarization is "broad-based". The Federal Reserve reluctantly admits that it is happening.


youtube.com/watch?v=c3Dsy7q1Mi…

#US Treasury labeled #Russia a "war economy" and is threatening to impose sanctions on any global bank that does business with #Moscow.
Another desperate move from #USA.
Another stupid move that will accelerate #dedollarization.
A few weeks ago #Yellen herself visited #China begging them to stop dumping dollars.
And now he's threatening those same banks with sanctions.
In addition, it will force a large revaluation of Russian oil in China's currency.

These people are suicidal morons

#Yuan's global role is reinforced as it becomes the 4th most active currency, according to #Swift.
The Swift, however, is not able to follow the transactions between countries that do not use this system and also do not use dollars, and this is also one of the main targets of #dedollarization

Thus, transnational agreements between #BRICS cannot be recorded.
So the reality can be quite different than the one that western media show

#G7 is now trying to target banks that are in Russia's alternative 'SWIFT' system. They might try to impose new sanctions on 150 banks that deal with #Russia on "dual-use" goods.
This again will backfire and significantly accelerate #China's alternative financial system as a consequence.
It means more acceleration of #dedollarization

But as we have said the neo-conservatives are too stupid to learn from their mistakes.