https://www.europesays.com/uk/39579/ EU Questions US Dollar Usage #DeDollarization #EU #Europe #European #EuropeanUnion #USDollar

Craig Murray: Trump, Tariffs & Trade
https://consortiumnews.com/2025/04/15/craig-murray-trump-tariffs-trade/
There is no danger of the U.S. being unable to finance trillion-dollar trade deficits in the next few years. But for how long? By Craig Murray CraigMurray.org.uk There is a giant problem that commentators are ignoring. The United States’ trade…
#Politics #Brics #China #Commentary #Economy #TrumpAdministration #U.s. #BrettonWoodsSystem #CraigMurray #Currency #DeDollarization #DevelopmentBank #DevelopmentFinance #Manufacturing #PresidentDonaldTrump #U.s.FederalReserve #U.s.TradeDeficit

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”

https://open.substack.com/pub/hailyb/p/alternatives-vs-reality-assessing

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

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 ｣

https://en.wikipedia.org/wiki/BRICS_PAY

#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.

https://opportunities-insight.britishcouncil.org/short-articles/news/brics-welcomes-malaysia-indonesia-vietnam-and-thailand#

“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”

https://open.substack.com/pub/georgehazim/p/trumps-naivety-exposes-americas-decline?r=27oltk&utm_medium=ios

The US is now arguing that reducing dependence on the US dollar and the SWIFT payment system is a threat to democracy. Yet, the very idea of countries having to rely on American approval contradicts fundamental principles of self-governance, a cornerstone of liberal ideology.

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.

> #Russian #commodity exporters told Bloomberg that trade with #China has become increasingly difficult as even direct payments made in the #yuan are getting frozen or delayed

https://www.businessinsider.com/russia-economy-yuan-trade-payments-ending-war-sanctions-dedollarization-crypto-2024-7

#Russia and #India's monetary revolution - $100 billion more in trade outside the dollar.

#Dedollarization continues to gain momentum in the global economy, as India and Russia announced new cooperation in their respective payment systems-India's RuPay and Russia's MIR.

The announcement was made after Modi's visit to Moscow.

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.

#DeDollarization: #China Launches Cross-Border Digital Currency To Bypass #USD In Global Trade

In a big update, China has launched their cross-border digital currency in Hong Kong. This is the first move towards de-dollarization of their global trade with the world. This is a game-changer for the global economy.

#Dedollarization: Why #BRICS and many Global South countries want alternatives to the #US dollar \

https://www.youtube.com/watch?v=qT8IwbTdia0