Topic: What If? - page 2. (Read 420 times)

I do not think Ukraine is that important to escalate a world war. There is not much Russian interest there except Ukraine from joining NATO. Nobody wants to have a hostile neighbor. It will be wise for Ukraine to be a buffer state if he doesn't want to be the meat in the sandwich. Putin just showing off his power to the Russian nationalist because he doesn't have any gains to show his people. This tension to become a world war is near to zero.

Good for the global economy that the countries that are "anti-USA" are hell holes with developing economies not large enough to compete with some U.S. states. USD does not have any issues in the near future in regards to trade. No matter the invasion of Ukraine, China will continue to do business with the U.S.

Inflation is largely the concern, USD won't take a hit because Russia decides to tank their economy further with a pointless war. Only reason for a spiral would be if the situation in Ukraine escalates beyond just the two countries, forcing the U.S. to get involved.

USA is not on the right track to be honest. First the economical burden is rising all the time due to pandemic situation and secondly they are going towards inflationary world.

I think this is really bad to see USA is sanctioning proposals which are more threats to them. I’m surprised to see that USA has made multi billion business deals with china and if they loose the china deal then GOD knows what USA could turn into?

Inflated country which is having lowered economic growth. Can’t imagine this with USA.

What happens is that the US has always had a dominant position when it comes to the power of its economy that they are used to try to get their way using those kind of measures, which is no that bad, after all if the other options include going to war against Russia then a few sanctions to weaken their economy are not as bad as them, however those very same sanctions could become the reason why Russia decides to eventually attack and annex Ukraine as they would want to offset the costs of those sanctions that way.

I don't think if Russia occupies Ukraine then America or NATO will be fully involved in the war.  They can co-operate with Ukraine with arms and money.  Even when Russia occupied Crimea, we did not see any US or NATO direct involvement in the war.  America knows very well that the situation is not the same as before.  Even if the United States were ahead in terms of a single power, if Russia and China joined together, the United States could lose its leadership over the world.  Inflation and corona attacks are also destroying the US economy.  In such a scenario, America would never want to engage in a war where their interests are not directly harmed.


If they really take such a measure then they will surely build an infrastructure to replace US dollars supremacy. They just can not declare that they will accept the US dollar no more which will be politically inconvenient for them. But Russia already suffered due to US sanctions to them over the decade and still manage to survive that harsh conditions. So I will not be surprised if they really take such a measure with china and other Anti-USA countries.

China became the world's largest economy and the USA economy weakened due to history's worst inflation, Putin and Xi Jinping could see this as an opportunity to destroy USA dominance over the world.

They always think about that USA will always be the supreme power towards economy that's why they think about other countries will suffer if they limit their trades on thay specific country, but actually as you said this could backfire to them knowing Russia is a big country and they can boycott America together with countries who has alliance with Russia so I think this could affect the economy of USA so proper actions is needed here. And lets hope that there's no war will burst on conflicted countries.

Technically they can do that, however, will it be successful? I doubt it. As much as they the US, still the dollar still reign supreme in the world economy so I don't think that there actions will put a dent on the US. On the contrary, it could back fire on them as no one might want to trade with them if they are not going to use the Dollar.

It is possible, of course, but with the amount of leverage the US has with other countries, the result would be detrimental rather than beneficial to the country. The Unites States of America remains as the most powerful country in the world. It remains very influential in world affairs.

Everything would boil down to asking, what would a country gain or lose if it rejects the USD in trades and other international dealings? For now at least, the loss would be unbearable. The gains might be minimal to none at all. The rejection of the USD will have a tremendous ripple effect to the country which would include trade, loans, grants, foreign investments, military, and so on.


Nope, the US Dollar is the official currency of El Salvador. It is the country's legal tender.

Theoretically it's possible for Russia and China to bind their national currencies at a fixed rate and trade between each other by using their own national currencies.Returning to the Gold standard isn't an option,because both countries lack enough gold reserves.
Nobody is saying that two countries can trade with each other only by using USD or euro as a medium of exchange.
Moving away from the SWIFT system will be a little harder for Russia and China.Building a new payment infrastructure would require lots of resources and improved security.
Insulating Russia and China from the western world would bring them more damage than benefit.

Instead of not accepting the US dollar I think that if they want to get back at the US for their sanctions the easiest thing they could is to begin to use the reserves they have in dollars, this will raise the level of inflation at the US as eventually those dollars find their way back to the US worsening the economic prospects of the US in the process.

Also if they did what you suggested that will be the equivalent of declaring an open economic war against the US, which they probably do not want, but if they began to use their reserves instead then no one could blame them for the higher level of inflation the US will have to face.

That will be a political decision that would cut their own face..as they say. The rest of the world accepted the US Dollar as a global reserve currency, so they would effectively harm those countries too. The other countries might be neutral and a decision like this will alienate them and they will also start with sanctions and/or trade restrictions against these countries. 

It is not impossible to do this, but the ripple affect in the global economy will do them more harm than good in the end. China and Russia are dependent on a lot of resources from other countries too. 

It's bad for the whole world when these little kingdoms start appearing - it only benefits a few "elites" sat at the top. Russia has an economy which is a similar size to Italy, which is strange for the largest country in the world by land mass, it shows the sheer incompetence of the leadership that they would rather bully neighbors and run their little oligarchies while the average Russian lives a tough life. Iran is a very beautiful country and it's a shame that Israel holds so much sway over America and that they both feel the need to be enemies, however it is even more economically stunted because of decades of sanctions. China is already allies of convenience with Russia, but would switch that in a second if it benefits them, as they got rich by selling to other developed countries and that is where they make the most money - they'll definitely take Russian resources however.

Sanctions against Russia are accepted not only by the United States, but also by their NATO partners and the European Union. Therefore, boycotting the dollar will not help much here. It's not just about dollars. Russia will be banned from importing high-tech goods, and because it depends heavily on it, its economy will simply collapse. After all, if a part of industrial goods is produced in Russia, then all the same, part of the components is purchased abroad. If we jointly block access to such components correctly, not a single state will be able to cope with this in the coming years. So everything will collapse like a house of cards.
Putin's government is leading its country to an inevitable collapse.

Does it really even matter? I mean China is already a nation that benefits from using dollars, if they stopped doing it, would that hurt USA? Of course, but it is obvious that it would hurt China even more because that is how they get rich. They manufacture stuff, sell it to the whole world and get dollars in return, making them hold more dollars than even USA in the future.

So, I would guess that there is a good case to be made for China to keep using it, but even if they did stop, that would not really hurt the USA as much as it would hurt their opponents. Same goes for Iran, they are already not trading with USA anyway, so it wouldn't change much. We have to accept the fact that even though China is growing in power, the type of power China has and the type of power USA has will always be different, and that is why China could never blackmail too big countries, maybe some small one in Africa, but not the USA, the UK, France, Germany etc etc.

That will only happen if the Russians decide to attack Ukraine. Which is highly likely. Now Ukraine has an extremely small army and they would not be able to defend for sure. It's important to actually sort these things out because at the end this could not just involve Russia and Ukraine but can also cause the start of a new world war. If this can be attained by doing things like sanctions and not deploying the troops and fighting on the border then I do think that's good. Their currency is falling and I do think that cryptos would be helpful for the people during this time.

If there is a possibility that such could be achieved and the dollar will be replaced with what currency ? That is a question. And if we are thinking that the yuan will play that role, I will doubt that because yuan is not global standard and countries behind China is relatively low compared to the US. US is a friend to many countries including Europe and that will be a tough nut to crack. Dollar exchange is easily done than many other currency, America is the world power leader and won't allow that to happen because currency stand as a strength that can be used to control and manipulate every other thing.

It will have impact, seeing your currencies not accepted by any country is an insult. This already happened before and they did destroy the country who tried to do that. They don't care much about the currency but it represents their country, not acknowledging their money means also you don't acknowledge them as a whole. You remember Lebanon (Col. Gadhafi), He said paper money isn't worth at all, and they want their Oil paid in terms of gold, and look what they have done to their country now. I don't know in the case of China and other allies of Russia, because USA can't easily penetrate those super Power Countries, they will be having a hard time. If they can't do more damage to countries using sanctions then they will fine other ways like using CIA and methods, China is a Communist Country and it will be hard as hell to inject them with something to destroy the core of their(beliefs) Nation. It is not like other any democratic country where you could put rallies on the road and demonstrations, it is different.

 The dollar is seen as one of the safest investments in the world and I don’t think it can be replaced by another currency despite the issue that there are countries like China, Russia and the European Union that have a strong motivation to de-dollarize.
 If ever those counties really don't want to use dollar to avoid U.S sanction, maybe it will happen but just in a short period of time because U.S is still a powerful country.

I doubt that these countries will do that, for a while we used to hear about the alliance of BRICS countries (Brazil, Russia, India, China and South Africa) that confront the United States economically, but we no longer hear anything about that alliance now. It is difficult to stand up to the United States and the dollar, even the countries that It is hostile to the United States and is working to stabilize the dollar because it is an indicator of the stability of the global economic system. In the event of the dollar's collapse, no one can guess what will happen? Perhaps the economies of these countries will collapse as well, so I don't think they will think about that unless they think about finding an alternative to the dollar.

And how do you know he is not sure of what he is asking ?
You trying to add to what he's saying or you're here to criticize ?
The dollar definitely will get old and nobody will want to use it, in the new phase ahead they have to accept the what the future brings, failure to this might lead to a bad situation.
If china can do with the US dollars, then what are we not saying ? It'll only take longer time for this to come through.