Dictatorship flavor BRICS already tested in 2010s era, the best era to replace or at least catching up with USD empire,coz that era the west crazily just face the worst economic crisis since 1920s, even old civilization like Greece collapse, UK print money to get out from crisis,so does US and other EU,Japan. But seems like all BRICS member at that time too have their own problem, only CCP progress on that era.

Now even CCP have their own problem in this 2020s era, problem with Taiwan, problem in SCS where even Philippines making a classic moves calling their old friend and collonizer US back to their old base. While India getting crazy with their anti-China reporting in their media,even some say anti CCP currency idea is getting momentum etc.Vietnam too since last year trying hard to woo US military company to sell them their weapon, too much dependant on Russia cause a lot of spare parts unavailable and too complicated to get from 3rd party supplier.

Conclusion, careful with what geo-political moves we going to play, don't be emotional with what the BRICS camp trying to play now, be rational about their geo-political challenges as in the 2010s era.

This post has been edited by yongku99: Apr 9 2023, 12:57 PM

USD will fall one day, but not now. All the Super Power we know today going to destroy themselves one day, once they destroy among themselves, Super Power baton going back to Arabia and along the Mediterranean Sea just like thousands of years ago. Arabia and Israel going to be Super Power once again. Look at the top strongest currency globally, that's the future currency after the catastrophic WW3 or WW4 when Super Power on self destruct mood, Kuwaiti Dinar,Bahraini Dinar,Oman Riyal,Jordanian Dinar is the strongest in the world....

not an open transparent currency, commies central bank grip style.....

yup, coz even Albert Einstein predict future war after nuke destroy everything, the world going back to ancient style of war with stick and stones, probably billions of people dead, all those scientist and engineer dead leaving only the less brainy folks alive. Knowledge is hard to find after everything destroyed.

This post has been edited by yongku99: Apr 9 2023, 01:19 PM

not my fault if u can't think that far....

we still gonna have trade surplus with US forever, USD leave a lot of opportunity and leverage for our exporter by default, business as usual with US.....

look at this BRICS fella, Anti-Yuan BRICS member.....


EXCLUSIVE-India to discourage foreign trade settlement in Chinese yuan - sources



March 13, 2023 — 10:01 am EDT

Written by Shivangi Acharya, Aftab Ahmed, Neha Arora for Reuters ->

By Shivangi Acharya, Aftab Ahmed and Neha Arora

NEW DELHI, March 13 (Reuters) - India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involved in policy making and two banking sources said, because of long-running political differences with its neighbour.

India, which has emerged as a top buyer of Russian oil as well as discounted coal, would prefer the use of United Arab Emirates dirhams to settle trade, three government officials said.

One of the government officials directly involved in the matter said New Delhi is "not comfortable" with foreign trade settled in yuan but said settlement in "dirham is okay."

The second official said that India cannot allow settlement in yuan till the relations between the two countries improve.

https://www.nasdaq.com/articles/exclusive-i...se-yuan-sources

This post has been edited by yongku99: Apr 9 2023, 01:27 PM

it tell u something about BRICS, the anti China reporting in Indian media is crazy nowadays.....

their poverty management might be suck, but their geo-political moves is quite interesting,BRICS naughty boy just like Russia....

everyone doing their thing, heard that before in 2010s era BRICS.....

The story of USD Treasury bond, although China already reduce their USD bond holding since Trump era around 2018, Japan and others getting crazy adding more.

UK and Ireland almost $900+ billion.

Look at tiny Cayman Island, bloody tax avoidance American etc gang of billionaires favorite tiny island holding $284 billion, another of their fav is tiny Luxembourg especially the big corps.

BRICS dude Brazil that have crazy gov debt in 2022 too holding $217 billion. Taiwan and Hong Kong both in $200 billion ++ level each. Rising interest rate killing them.

All love the leverage of USD when it's getting strong, always getting bail out when there's crisis through QE aka. print print print. Importer & Exporter love the manipulation loopholes to maximize profit and also at the same time to hedge against losing to inflation when there's a sudden strengthening of the USD etc.



This post has been edited by yongku99: Apr 9 2023, 05:08 PM

Not that much perhaps, likely in the "others" category.