Topic: Brics nations buying russian commodities but they getting rubles from UK and Eu (Read 13 times)

Everyone benefits from the status quo and Russia has taken great steps to establish a more solid and diversified BRICS alliance in markets and economies to fill its deficit since the invasion of Ukraine began due to international sanctions. The BRICS countries, in turn, benefit from the Russian crisis to buy their energy products (oil and gas) at very cheap prices in exchange for supplying the Russian market with products at relatively high prices compared to their real price if there were no sanctions on Russia.

Some dream that these are steps to gradually get rid of the dollar and establish new financial rules for the global market, but this is closer to an illusion. Simply put, even the countries in the BRICS alliance cannot stop using the dollar because they cannot completely isolate themselves from the global market. In addition, the largest creditor to the United States is China (a founding member of BRICS), and most of these debts are in the form of government bonds denominated in dollars. If something happens to the dollar, everyone will be affected.

Brics nations doing trades a lot with russia but they don't have rubles so the world largest RUBLE holders are the UK switzerland and european banks.
Brazil specially buying rubles from UK because UK want to get rid of the rubles by 2030 when oil price will fall and no more dirty energy but world will move to Green energy.

Question is who want to hold rubles ? Off course the brics nations....lol ofc brazil china africa india will start to try to dump rubles on each others lol 😂 last guy on the block will get that rubles.

while UK banks and switzerland are clear winners here, before war the UK financial instutions and EU and switzerland ones dealt with large russian trades oil gas and many more so only they themselfes have so much rubles to exchange those for brazil china or indian currencies UK have choosen BRAZIL so UK itself will be brokering Country to sell brazil goods and food right now UK Banks and financial instutions collecting brazil currency a lot to make UK city of London the brazil commodities central selling and brokering Center off course with lower brazil currency so UK can sell brazil agriculture by buying with GBP for huge profits.

Brics is perfect plan how the brics nations economy collapse and UK USA and Europe can increase power over them meanwhile russia contining the war to make it perfect way for USA UK and Europe to take over the world Even more.
Brics nations waiting for collapse so the UK and USA and EU can bail them out with higher currency and when their own local currency will be weak.