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Topic: The impact of Russian and Ukrain war on world economy - page 5. (Read 11382 times)

copper member
Activity: 2058
Merit: 900
White Russian
.....
Or maybe we'd better talk about the surge of neo-Nazism that has swept Ukraine? That the national heroes of Ukraine Bandera and Shukhevych are Nazis? The fact that the Nazi battalion Azov is quite officially part of the Armed Forces of Ukraine? The fact that Ukraine refuses to admit guilt for the massacre of Poles during the Volyn massacre? About the annual thousands of marches in Kyiv on Bandera's birthday with calls to kill Russians? Do not shift from a sick head to a healthy one, the brown plague is not in Russia, but in Ukraine.


Great topic, and let's discuss ? Smiley
But 2 conditions:
1. We remember that the terrorist attack of Russia in Ukraine was held under the slogan "defense of the Russian language". This was in 2014, then depending on failures, Russia changed the "reasons" to Nazism, mosquitoes, demilitarization, and other boraed.
2- You provide provable facts and we evaluate it. We compare scales, events, etc.

I'm ready, I answer:

1. Bandera and Shukhevych were nationalists, pro-Ukrainian. Perhaps you are confusing words ? But nationalist and Nazi are different, believe me Smiley  Your first statement is a pure lie Smiley
2.  "The Nazi battalion "Azov" is quite officially part of the AFU ?" - is Russian propaganda, nothing more. How can Azov be NAZISTS if they are destroying Rashism - Russian Nazism ?! Do you have any facts? Try to provide Smiley
3.  "The fact that Ukraine refuses to admit guilt for the massacre of Poles during the Volyn massacre ?" - The so-called "Volyn massacre" is a localized one, arising on national, mutual dislike, and mutual actions. Yes, the fact took place, it is silly to deny it, but it was preceded by other facts, which Russian propaganda for some reason forgets. But this is a national conflict, historical, and has nothing to do with Nazism. For example, Muscovy and Russia purposefully destroyed Ukrainians, their history, culture, language speakers, for many centuries. And now continues this business. The cause of Nazism under Vlasov's flags. Do you want to talk about how Russians served Nazi Germany, and destroyed Poles, Ukrainians, and other peoples? About Poles - how about September 17, 1939 ? And about the mass extermination of the inhabitants of Poland ?  And how the USSR and Germany started the destruction of European countries? Or is it different? 
4. "About the annual processions of many thousands in Kiev on Bandera's birthday with calls to kill Russians?". - lies again Smiley It is not Russians who are called to kill, but Russian aggressors - don't manipulate words Smiley. Yes, and one more thing - marches are not annual, and not as mass as for example in St. Petersburg or Moscow marches of neo-Nazis and Rashists. Can I show you a photo-video or can you find it yourself? Smiley

Here we go again, so beautifully started and so idiotic, and habitually shit himself in front of everyone  Grin Grin Grin Grin


In 2015, the US Congress recognized Azov as an "openly neo-Nazi" and "fascist" battalion.

On the other points, I can provide similar direct evidence of my words, but I see no reason to throw pearls in front of a pig that openly justifies Nazism.
legendary
Activity: 3710
Merit: 1756
.....
Or maybe we'd better talk about the surge of neo-Nazism that has swept Ukraine? That the national heroes of Ukraine Bandera and Shukhevych are Nazis? The fact that the Nazi battalion Azov is quite officially part of the Armed Forces of Ukraine? The fact that Ukraine refuses to admit guilt for the massacre of Poles during the Volyn massacre? About the annual thousands of marches in Kyiv on Bandera's birthday with calls to kill Russians? Do not shift from a sick head to a healthy one, the brown plague is not in Russia, but in Ukraine.


Great topic, and let's discuss ? Smiley
But 2 conditions:
1. We remember that the terrorist attack of Russia in Ukraine was held under the slogan "defense of the Russian language". This was in 2014, then depending on failures, Russia changed the "reasons" to Nazism, mosquitoes, demilitarization, and other boraed.
2- You provide provable facts and we evaluate it. We compare scales, events, etc.

I'm ready, I answer:

1. Bandera and Shukhevych were nationalists, pro-Ukrainian. Perhaps you are confusing words ? But nationalist and Nazi are different, believe me Smiley  Your first statement is a pure lie Smiley
2.  "The Nazi battalion "Azov" is quite officially part of the AFU ?" - is Russian propaganda, nothing more. How can Azov be NAZISTS if they are destroying Rashism - Russian Nazism ?! Do you have any facts? Try to provide Smiley
3.  "The fact that Ukraine refuses to admit guilt for the massacre of Poles during the Volyn massacre ?" - The so-called "Volyn massacre" is a localized one, arising on national, mutual dislike, and mutual actions. Yes, the fact took place, it is silly to deny it, but it was preceded by other facts, which Russian propaganda for some reason forgets. But this is a national conflict, historical, and has nothing to do with Nazism. For example, Muscovy and Russia purposefully destroyed Ukrainians, their history, culture, language speakers, for many centuries. And now continues this business. The cause of Nazism under Vlasov's flags. Do you want to talk about how Russians served Nazi Germany, and destroyed Poles, Ukrainians, and other peoples? About Poles - how about September 17, 1939 ? And about the mass extermination of the inhabitants of Poland ?  And how the USSR and Germany started the destruction of European countries? Or is it different? 
4. "About the annual processions of many thousands in Kiev on Bandera's birthday with calls to kill Russians?". - lies again Smiley It is not Russians who are called to kill, but Russian aggressors - don't manipulate words Smiley. Yes, and one more thing - marches are not annual, and not as mass as for example in St. Petersburg or Moscow marches of neo-Nazis and Rashists. Can I show you a photo-video or can you find it yourself? Smiley

Here we go again, so beautifully started and so idiotic, and habitually shit himself in front of everyone  Grin Grin Grin Grin

copper member
Activity: 2058
Merit: 900
White Russian
Here is one of the examples of neutral countries benefiting from war:

https://www.aljazeera.com/news/2023/8/21/uae-says-not-flouting-ally-sanctions-as-its-economy-warms-to-russia

UAE is witnessing an inflow of Russians and tens of thousands of wealthy individuals have moved to that country ever since the war started. On top of that, UAE has become a trading hub, where Russian commodities are being traded. Russian oil tankers do their ship-to-ship transfers in UAE and sometimes keep the crude oil in storage tanks that are located there. The Americans can't do anything about this, as the GCC nations do have a backbone unlike their EU vassals.
If you call a spade a spade, it seems easier to list the countries that do not benefit from the military conflict between Russia and Ukraine than those that benefit from it. Europe and Ukraine itself are suffering, while everyone else is in the black. However, I didn't say anything new.

By that logic, if one has contracted a dangerous disease (and the "Russian world" is that "21st century brown plague"). THEN:
- he and his family suffer
- doctors, pharmacies, counselors, sellers of auxiliary materials - they are the beneficiaries, they are not good....

But for some reason we forget, and no one talks about the disease itself.... Maybe we should look for ways to cure this "brown plague of the 21st century", and consider the problem to be the disease, and not those who situationally receive some benefit ? 
Or maybe we'd better talk about the surge of neo-Nazism that has swept Ukraine? That the national heroes of Ukraine Bandera and Shukhevych are Nazis? The fact that the Nazi battalion Azov is quite officially part of the Armed Forces of Ukraine? The fact that Ukraine refuses to admit guilt for the massacre of Poles during the Volyn massacre? About the annual thousands of marches in Kyiv on Bandera's birthday with calls to kill Russians? Do not shift from a sick head to a healthy one, the brown plague is not in Russia, but in Ukraine.
legendary
Activity: 3710
Merit: 1756
Here is one of the examples of neutral countries benefiting from war:

https://www.aljazeera.com/news/2023/8/21/uae-says-not-flouting-ally-sanctions-as-its-economy-warms-to-russia

UAE is witnessing an inflow of Russians and tens of thousands of wealthy individuals have moved to that country ever since the war started. On top of that, UAE has become a trading hub, where Russian commodities are being traded. Russian oil tankers do their ship-to-ship transfers in UAE and sometimes keep the crude oil in storage tanks that are located there. The Americans can't do anything about this, as the GCC nations do have a backbone unlike their EU vassals.
If you call a spade a spade, it seems easier to list the countries that do not benefit from the military conflict between Russia and Ukraine than those that benefit from it. Europe and Ukraine itself are suffering, while everyone else is in the black. However, I didn't say anything new.

By that logic, if one has contracted a dangerous disease (and the "Russian world" is that "21st century brown plague"). THEN:
- he and his family suffer
- doctors, pharmacies, counselors, sellers of auxiliary materials - they are the beneficiaries, they are not good....

But for some reason we forget, and no one talks about the disease itself.... Maybe we should look for ways to cure this "brown plague of the 21st century", and consider the problem to be the disease, and not those who situationally receive some benefit ? 
copper member
Activity: 2058
Merit: 900
White Russian
Here is one of the examples of neutral countries benefiting from war:

https://www.aljazeera.com/news/2023/8/21/uae-says-not-flouting-ally-sanctions-as-its-economy-warms-to-russia

UAE is witnessing an inflow of Russians and tens of thousands of wealthy individuals have moved to that country ever since the war started. On top of that, UAE has become a trading hub, where Russian commodities are being traded. Russian oil tankers do their ship-to-ship transfers in UAE and sometimes keep the crude oil in storage tanks that are located there. The Americans can't do anything about this, as the GCC nations do have a backbone unlike their EU vassals.
If you call a spade a spade, it seems easier to list the countries that do not benefit from the military conflict between Russia and Ukraine than those that benefit from it. Europe and Ukraine itself are suffering, while everyone else is in the black. However, I didn't say anything new.
member
Activity: 402
Merit: 41
If we flash back for a moment to be precise on February 24 2022 Russian President Vladimir Putin ordered his first invasion and until now it has not subsided, what is most felt is the conflict which has resulted in fluctuations in several sectors, such as food and energy and the global economic market weakening of course.

Well, this is coupled with UN Sanctions against Russia for its actions, forcing Russia to limit its energy exports and maybe even stop the supply of some energy commodities such as oil, coal and gas and whether you realize it or not, it is Russia's mainstay weapon in an economic war.
legendary
Activity: 3164
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
Here is one of the examples of neutral countries benefiting from war:

https://www.aljazeera.com/news/2023/8/21/uae-says-not-flouting-ally-sanctions-as-its-economy-warms-to-russia

UAE is witnessing an inflow of Russians and tens of thousands of wealthy individuals have moved to that country ever since the war started. On top of that, UAE has become a trading hub, where Russian commodities are being traded. Russian oil tankers do their ship-to-ship transfers in UAE and sometimes keep the crude oil in storage tanks that are located there. The Americans can't do anything about this, as the GCC nations do have a backbone unlike their EU vassals.
legendary
Activity: 3710
Merit: 1756
.....
We are currently living in a world based on alliances in almost all fields. BRICS is basically an economic alliance whose first goal was to facilitate exchanges between its member countries. It was not possible to cancel this alliance according to geopolitical variables, nor to hold one of its members accountable according to his position in international politics, and I mean here Russia, especially since the alliance includes China (in a trade war with the United States for years) and India (in an indirect war against The United States, which supports its regional enemy Pakistan), and Brazil (which adopts open economic policies contrary to the influence of the dollar) and the desire of other countries to join this alliance, who all want liberation from the authority of the United States that extends its influence (literally) on the global economy through policies She alone controls it.

In terms of economic union theory - I absolutely agree with you. This is an absolutely normal process, which allows, due to the "synergy" of the participants, to obtain the effect "1+1=3", as well as reducing risks for the economies of the participants of the union, due to the diversification of risks.

But there is another "side of the coin" here. Some, especially "cunning" participants of unions, begin to use them to solve their personal problems. And the best example is the BRICS attempt to use the yuan as the "BRICS dollar", with China's unconcealed attempts to de-dollarize the economies of its BRICS partners, but very cunningly. The concept is unique - you give up the dollar, take the yuan, and China will somehow figure out what to do with its dollar, the main thing is to take the yuan, and trade for it Smiley I hope you don't need to be told about the current problems in the Chinese economy ? And why the yuan is being so actively promoted in BRICS, I'm sure you understand ? if you know - India is now starting to pay Russia for Russian oil in .... YUAN! I will not tell you once again how India "screwed" Russia by buying oil for rupees, this is a scenario for a separate erotic-economic comedy Smiley But India realized where China was going, and refused to "import China's problems" to itself, through yuan. So it is not very correct to talk about a full-fledged, equal alliance here
hero member
Activity: 2338
Merit: 757
I mean, if the BRICS countries find a formula to completely get rid of the dollar (not currently possible), this will have a direct impact on the United States, whether in its financial or economic policies.
Definitely but the point is that BRICS is going to create an alternative to dollar that doesn't have the same problems so it doesn't have to get rid of the dollar. But since BRICS currency won't be used as a weapon like the dollar, next time US wants to steal some countries' billions of dollars, they will immediately switch to the alternative or the countries think ahead and diversify first so that US doesn't have as much money to steal.
It is also the next step in solidifying the New World Order, a multipolar world.

We have been discussing for quite a long time the issue of introducing a new currency of the BRICS countries, which should become an alternative to the current dominance of the dollar. But even the BRICS countries themselves do not actively consider this issue, at least openly. So what will be the current dollar's competitor? A new currency or one of the national currencies of the states that are members of the BRICS union? After all, this is very important. If the currency of the BRICS countries is the Chinese yuan, then this will mean a sharp strengthening of China's position. Certainly, the economic and financial strengthening of China is not beneficial for other BRICS members. Therefore, there are many questions and no answers yet.
I believe that there is no single currency capable of competing with the dollar, and it is utopian to think of it being an alternative to it. And this is what all international entities know.
We are discussing the possibility of the BRICS issuing a currency that will compete with the dollar, as if this is the best solution or the only solution. But why did no one think of the euro? Theoretically, the euro is the closest currency or the currency with the most opportunities to compete with the dollar. Nevertheless, there is no room for comparison between the euro and the dollar at all levels.
The global economy is stuck with the dollar, and there is no quick solution, in my opinion, except to diversify the main currencies in international trade exchanges and in the countries' foreign currency reserves, which are currently mostly in dollars.
full member
Activity: 2044
Merit: 180
Chainjoes.com
I mean, if the BRICS countries find a formula to completely get rid of the dollar (not currently possible), this will have a direct impact on the United States, whether in its financial or economic policies.
Definitely but the point is that BRICS is going to create an alternative to dollar that doesn't have the same problems so it doesn't have to get rid of the dollar. But since BRICS currency won't be used as a weapon like the dollar, next time US wants to steal some countries' billions of dollars, they will immediately switch to the alternative or the countries think ahead and diversify first so that US doesn't have as much money to steal.
It is also the next step in solidifying the New World Order, a multipolar world.

We have been discussing for quite a long time the issue of introducing a new currency of the BRICS countries, which should become an alternative to the current dominance of the dollar. But even the BRICS countries themselves do not actively consider this issue, at least openly. So what will be the current dollar's competitor? A new currency or one of the national currencies of the states that are members of the BRICS union? After all, this is very important. If the currency of the BRICS countries is the Chinese yuan, then this will mean a sharp strengthening of China's position. Certainly, the economic and financial strengthening of China is not beneficial for other BRICS members. Therefore, there are many questions and no answers yet.
legendary
Activity: 3710
Merit: 1756
^^^ China is increasingly getting uneasy about having US treasury bonds in its forex reserves. They have seen what happened to Russia. Americans can just freeze these bonds and make them worthless as per their whims and fancies. Anyway this is expected, since US Dollar is their national currency. But the problem for China is that at this point they don't have a suitable alternative, given that a majority of their trade is with the United States. In case of a potential Sino-Taiwan war, trillions of USD worth of bonds currently held by China will be made worthless by the Americans.


As always I have to pull you back a bit and show that once again you manipulate information and even lie, and deliberately Smiley Well, or you just don't have any information at all and are trying to fantasize Smiley

1. Does "great Russia with a stable economy" invest in the "decaying west" and its stronghold "USA, which has only debts and the dollar is worthless" ? Smiley Let's open this mystery, thank you. Yes, Russia is very happy to invest in US treasury bonds, because for them they get "no one needs the dollar". without which the Russian economy would collapse like a house of cards... Yes, that's the reality.
2. Russian assets have been sanctioned and blocked. It's true. But there is a nuance. You don't know the reality or just primitively, lying again ? Smiley

"The U.S., along with allies, has blocked or seized more than $58 billion in assets owned or controlled by Russian citizens. This applies to Russians who have fallen under sanctions. This is reported on the website of the U.S. Treasury Department" - and where is it about U.S. government obligations ? Only sanctioned legal entities and individuals ... Could you try to explain your lies/ignorance ? Smiley

https://home.treasury.gov/news/press-releases/jy0839

Yes, Central Bank assets have also been blocked. But they are not stolen, as for example Russia steals - territories, people, grain, toilets.  They are blocked to compensate losses to Ukraine. I.e. for crimes ! What should China be afraid of?  Smiley

I will clarify - US treasury bonds are not currency (and other liquid assets) assets that have been frozen. By the way, one more question - did the USA just like that, at one moment, take something for no reason and freeze Russian assets ? Smiley

Well, you should pull that Uncle Sam's d*ck out of your mouth, it's getting too obvious...  Grin

Very common for such liars and trolls like yourself to call others liars. That's a very well-known technique.

What he said is 100% true. The US can freeze any assets they like without really explaining why. That's the most alarming fact. The very definition of crime can be adjusted up to their needs. Refusing to cooperate? Terrorist! Against the sanctions? Criminal! They are illegally using their currency for punitive purpose. Many countries like Turkey, Serbia and not saying openly but definitely giving some hints that there's huge pressure atm from US in order to escalate the pressure on Russia.

The US in turn, can wage war on any country without worrying about consequences. Serbia, Lybia, Syria, Iraq etc etc.. Btw, please remind me, did they find any nukes in Iraq after completely destroying the country?  Grin  


An excellent example of a classic Russian is an aggressive, stupid, infantile, latent, homosexually oriented fake and / or insult. But, this is not a forum topic, this is a problem of psychiatry and sexual priorities of supporters of one criminal regime ....

Digression: For information - any supporter of the Kremlin authorities, when he has no arguments, and he understands that he looks like an idiot, he begins to throw out his deep fantasies based on homosexual themes, "applying" them to his opponent. This is a classic manifestation of latent homosexuality, you can check with practicing psychiatrists Smiley This is not a joke, it's a fact!  Grin

And now let's get back to your painful fantasy, which is trying to explain the reasons for the appearance of wind, through the color of the marker in the store Smiley

"They saw what happened to Russia. The Americans can just freeze these bonds and devalue them according to their whims and fantasies." Explain - what does the blocking of the assets of international criminals, their accomplices and their business have to do with "freezing and depreciation according to their whims and fantasies" in relation to US government bonds?
Come on, launch a new series of the mega-humorous show "serveria.com is dumb on made-up topics"  Grin


PS "Btw, please remind me, did they find any nukes in Iraq after completely destroying the country?" is the best proof of your mental inferiority  Grin Grin Grin
The reasons for the invasion of Iraq, of course, were far-fetched, but the reason was ... Can you prove that it is in NUCLEAR WEAPONS? Smiley
This is for you to have a field for fantasy:
"The United States invaded Iraq in 2003 under the pretext of having weapons of mass destruction in the country and the threat to global security posed by Saddam Hussein's regime"...
The statements meant chemical and bacteriological weapons Smiley And now that you "beautifully" crap in front of everyone, tell us that the conversation was about nuclear weapons?  Grin
legendary
Activity: 2226
Merit: 1172
Privacy Servers. Since 2009.
^^^ China is increasingly getting uneasy about having US treasury bonds in its forex reserves. They have seen what happened to Russia. Americans can just freeze these bonds and make them worthless as per their whims and fancies. Anyway this is expected, since US Dollar is their national currency. But the problem for China is that at this point they don't have a suitable alternative, given that a majority of their trade is with the United States. In case of a potential Sino-Taiwan war, trillions of USD worth of bonds currently held by China will be made worthless by the Americans.


As always I have to pull you back a bit and show that once again you manipulate information and even lie, and deliberately Smiley Well, or you just don't have any information at all and are trying to fantasize Smiley

1. Does "great Russia with a stable economy" invest in the "decaying west" and its stronghold "USA, which has only debts and the dollar is worthless" ? Smiley Let's open this mystery, thank you. Yes, Russia is very happy to invest in US treasury bonds, because for them they get "no one needs the dollar". without which the Russian economy would collapse like a house of cards... Yes, that's the reality.
2. Russian assets have been sanctioned and blocked. It's true. But there is a nuance. You don't know the reality or just primitively, lying again ? Smiley

"The U.S., along with allies, has blocked or seized more than $58 billion in assets owned or controlled by Russian citizens. This applies to Russians who have fallen under sanctions. This is reported on the website of the U.S. Treasury Department" - and where is it about U.S. government obligations ? Only sanctioned legal entities and individuals ... Could you try to explain your lies/ignorance ? Smiley

https://home.treasury.gov/news/press-releases/jy0839

Yes, Central Bank assets have also been blocked. But they are not stolen, as for example Russia steals - territories, people, grain, toilets.  They are blocked to compensate losses to Ukraine. I.e. for crimes ! What should China be afraid of?  Smiley

I will clarify - US treasury bonds are not currency (and other liquid assets) assets that have been frozen. By the way, one more question - did the USA just like that, at one moment, take something for no reason and freeze Russian assets ? Smiley

Well, you should pull that Uncle Sam's d*ck out of your mouth, it's getting too obvious...  Grin

Very common for such liars and trolls like yourself to call others liars. That's a very well-known technique.

What he said is 100% true. The US can freeze any assets they like without really explaining why. That's the most alarming fact. The very definition of crime can be adjusted up to their needs. Refusing to cooperate? Terrorist! Against the sanctions? Criminal! They are illegally using their currency for punitive purpose. Many countries like Turkey, Serbia and not saying openly but definitely giving some hints that there's huge pressure atm from US in order to escalate the pressure on Russia.

The US in turn, can wage war on any country without worrying about consequences. Serbia, Lybia, Syria, Iraq etc etc.. Btw, please remind me, did they find any nukes in Iraq after completely destroying the country?  Grin  
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
^^^ China is increasingly getting uneasy about having US treasury bonds in its forex reserves. They have seen what happened to Russia. Americans can just freeze these bonds and make them worthless as per their whims and fancies. Anyway this is expected, since US Dollar is their national currency. But the problem for China is that at this point they don't have a suitable alternative, given that a majority of their trade is with the United States. In case of a potential Sino-Taiwan war, trillions of USD worth of bonds currently held by China will be made worthless by the Americans.

Last time I checked they had been slowly reducing their holdings, they are well aware of the situation which could happen to their money.  Though, they also find those interest rates to be appealing.

Even if China tried to take over Taiwan, it is unlikely the US government will go and freeze those bonds as a first measure. Even if they did not have to pay China their money, it would look the USD as a currency and bonds which cannot be held in the long term if ones country or organization is against the internet of Washington. They may scare their lenders away.

In the end, both China and USA benefit from their commercial volume, China lives off the manufacture and industrialization to supply the west with products and USA gets affordable prices of goods.

legendary
Activity: 3710
Merit: 1756
^^^ China is increasingly getting uneasy about having US treasury bonds in its forex reserves. They have seen what happened to Russia. Americans can just freeze these bonds and make them worthless as per their whims and fancies. Anyway this is expected, since US Dollar is their national currency. But the problem for China is that at this point they don't have a suitable alternative, given that a majority of their trade is with the United States. In case of a potential Sino-Taiwan war, trillions of USD worth of bonds currently held by China will be made worthless by the Americans.


As always I have to pull you back a bit and show that once again you manipulate information and even lie, and deliberately Smiley Well, or you just don't have any information at all and are trying to fantasize Smiley

1. Does "great Russia with a stable economy" invest in the "decaying west" and its stronghold "USA, which has only debts and the dollar is worthless" ? Smiley Let's open this mystery, thank you. Yes, Russia is very happy to invest in US treasury bonds, because for them they get "no one needs the dollar". without which the Russian economy would collapse like a house of cards... Yes, that's the reality.
2. Russian assets have been sanctioned and blocked. It's true. But there is a nuance. You don't know the reality or just primitively, lying again ? Smiley

"The U.S., along with allies, has blocked or seized more than $58 billion in assets owned or controlled by Russian citizens. This applies to Russians who have fallen under sanctions. This is reported on the website of the U.S. Treasury Department" - and where is it about U.S. government obligations ? Only sanctioned legal entities and individuals ... Could you try to explain your lies/ignorance ? Smiley

https://home.treasury.gov/news/press-releases/jy0839

Yes, Central Bank assets have also been blocked. But they are not stolen, as for example Russia steals - territories, people, grain, toilets.  They are blocked to compensate losses to Ukraine. I.e. for crimes ! What should China be afraid of?  Smiley

I will clarify - US treasury bonds are not currency (and other liquid assets) assets that have been frozen. By the way, one more question - did the USA just like that, at one moment, take something for no reason and freeze Russian assets ? Smiley
legendary
Activity: 3164
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
^^^ China is increasingly getting uneasy about having US treasury bonds in its forex reserves. They have seen what happened to Russia. Americans can just freeze these bonds and make them worthless as per their whims and fancies. Anyway this is expected, since US Dollar is their national currency. But the problem for China is that at this point they don't have a suitable alternative, given that a majority of their trade is with the United States. In case of a potential Sino-Taiwan war, trillions of USD worth of bonds currently held by China will be made worthless by the Americans.
hero member
Activity: 2338
Merit: 757
Ok, and who would you trust more? Brazil practising some self-containment in money printing? India maybe?

In this forum of anywhere else, most people understand that money is about trusting. The US dollar despite all the failures and arrogance of the government, has been there for a couple of centuries doing wonderfully and it quite difficult to match that with any other fiat in the world. Perhaps the Swiss Franc, but it just does not have the markets built for it. Same for BRICS... you need very ample an liquid markets to make a fiat the dominant one.

Well.. at this point there is no doubt that US Dollar is more trustworthy than any of the other fiat currencies (including the JPY, GBP, CNY and EUR). CHF is a great option, but it doesn't have that much acceptability and the Swiss government is against the idea of using the currency for global trade. Almost all of the BRICS currencies have gone down heavily against the USD during the last few years, and there is not a single one among them that I would consider as a "strong" currency. Even in my country, the INR has lost around 20% of its value against USD during the last 5 years.
One of the most important strengths of the dollar is the amount of liquidity available to cover the entire needs of the planet to complete commercial and financial transactions. This element makes it almost impossible for any currency today to be able to replace it.
Logically, the only solution to get rid of the dollar (if all the countries of the world agree on that) is to diversify the currencies used, whether in international trade or for the monetary reserves of countries. And this is actually what some entities began to do despite the deteriorating state of their currencies due to inflation resulting from the economic recession.
If the BRICS countries succeed in issuing a unified currency for all trade exchanges among themselves, this will be a giant leap in the way of getting rid of the influence of the dollar on world trade, since trade exchanges between the BRICS countries represent more than 40 percent of global exchanges. But this is difficult to happen soon because of the impact of this on the local currencies of those countries and the economic change that it will cause that can never be expected, in addition to the huge volume of dollar reserves that those countries have, including China, which represents the largest owner of US bonds, which are of course in dollars.
legendary
Activity: 2226
Merit: 1172
Privacy Servers. Since 2009.
....

Oh, the "how wonderful it is to live without a brain" show continues  Grin

To answer all your fantasies, let's start and end with a simple fact FACT!
With the squeals of a pathetic terrorist country : "we will destroy ALL ships GOING TO UKRAINIAN PORTS".

And the reality:
" Forbes: three foreign ships entered Ukrainian port after Russia's withdrawal from grain deal
10:52, August 1, 2023 Source: Forbes
Three cargo ships belonging to Greek, Israeli and Turkish-Georgian companies arrived at one of Ukraine's grain terminals at the Izmail port in the Danube Delta on July 30, Forbes reports. "Radio Liberty and Ukrainian publication Strana note that these are the first foreign vessels to arrive at Ukrainian ports after Russia's withdrawal from the grain deal.""

So? Who fulfilled their terms? And who "laid down" for the blockade and threats of the pathetic rabid underfuhrer ?


Sorry, but I won't waste much more time talking to an opponent with the intelligence of a stool, and a vital, acute desire to just throw shit on the fan to realize his complexes Smiley

Russia never threatened to destroy any vessels going TO Ukraine. What they said is that they will prevent the vessels from leaving the area trying to transport grain. But what can we expect from a retarded Ukrainian propagandist liar?  Grin
legendary
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Ok, and who would you trust more? Brazil practising some self-containment in money printing? India maybe?

In this forum of anywhere else, most people understand that money is about trusting. The US dollar despite all the failures and arrogance of the government, has been there for a couple of centuries doing wonderfully and it quite difficult to match that with any other fiat in the world. Perhaps the Swiss Franc, but it just does not have the markets built for it. Same for BRICS... you need very ample an liquid markets to make a fiat the dominant one.

Well.. at this point there is no doubt that US Dollar is more trustworthy than any of the other fiat currencies (including the JPY, GBP, CNY and EUR). CHF is a great option, but it doesn't have that much acceptability and the Swiss government is against the idea of using the currency for global trade. Almost all of the BRICS currencies have gone down heavily against the USD during the last few years, and there is not a single one among them that I would consider as a "strong" currency. Even in my country, the INR has lost around 20% of its value against USD during the last 5 years.
hero member
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I mean, if the BRICS countries find a formula to completely get rid of the dollar (not currently possible), this will have a direct impact on the United States, whether in its financial or economic policies.
Definitely but the point is that BRICS is going to create an alternative to dollar that doesn't have the same problems so it doesn't have to get rid of the dollar. But since BRICS currency won't be used as a weapon like the dollar, next time US wants to steal some countries' billions of dollars, they will immediately switch to the alternative or the countries think ahead and diversify first so that US doesn't have as much money to steal.
It is also the next step in solidifying the New World Order, a multipolar world.

The only difference is that rather than allowing the American treasury department to print unlimited amount of banknotes, the BRICS nations would be doing that by themselves. The member nations of BRICS (India, Brazil, Russia, China and South Africa) do have their own currencies and in case of some of these nations, the currencies are looking very weak. We don't know exactly what will be the weightage assigned to each of these national currencies. Also, dozens of nations have applied to join the BRICS bloc. Will their national currencies be added to the mix?

Ok, and who would you trust more? Brazil practising some self-containment in money printing? India maybe?

In this forum of anywhere else, most people understand that money is about trusting. The US dollar despite all the failures and arrogance of the government, has been there for a couple of centuries doing wonderfully and it quite difficult to match that with any other fiat in the world. Perhaps the Swiss Franc, but it just does not have the markets built for it. Same for BRICS... you need very ample an liquid markets to make a fiat the dominant one.
This will certainly not be an easy task, as evidenced by the fact that the most powerful global currencies have failed to be an alternative to the dollar, despite all the crises it has gone through. The goal of getting rid of the dollar's power was the reason for the European countries' agreement to issue a unified currency that all members of the union would adopt. More than half a century has passed since the issuance of the relatively new currency, and it is still unable to win the confidence of countries to use it as a stable alternative to the dollar.
The other point is that the United States will not stand idly by if it finds that the position of the dollar in the global economy can be shaken because of the new BRICS currency (if it is launched) and it has various means of pressure on the global economy to continue imposing the dominance of the dollar on it.
legendary
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Do not die for Putin
I mean, if the BRICS countries find a formula to completely get rid of the dollar (not currently possible), this will have a direct impact on the United States, whether in its financial or economic policies.
Definitely but the point is that BRICS is going to create an alternative to dollar that doesn't have the same problems so it doesn't have to get rid of the dollar. But since BRICS currency won't be used as a weapon like the dollar, next time US wants to steal some countries' billions of dollars, they will immediately switch to the alternative or the countries think ahead and diversify first so that US doesn't have as much money to steal.
It is also the next step in solidifying the New World Order, a multipolar world.

The only difference is that rather than allowing the American treasury department to print unlimited amount of banknotes, the BRICS nations would be doing that by themselves. The member nations of BRICS (India, Brazil, Russia, China and South Africa) do have their own currencies and in case of some of these nations, the currencies are looking very weak. We don't know exactly what will be the weightage assigned to each of these national currencies. Also, dozens of nations have applied to join the BRICS bloc. Will their national currencies be added to the mix?

Ok, and who would you trust more? Brazil practising some self-containment in money printing? India maybe?

In this forum of anywhere else, most people understand that money is about trusting. The US dollar despite all the failures and arrogance of the government, has been there for a couple of centuries doing wonderfully and it quite difficult to match that with any other fiat in the world. Perhaps the Swiss Franc, but it just does not have the markets built for it. Same for BRICS... you need very ample an liquid markets to make a fiat the dominant one.
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