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(vanity) How many of these podunk 3rd-world countries clamoring to join BRICS...
self | 8/7/23 | NewJerseyJoe

Posted on 08/07/2023 12:30:33 PM PDT by NewJerseyJoe

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To: srmanuel

I don’t think most Americans have a clue how much they have been brainwashed by Hill and Knowlton about what other countries are like...

There used to be jokes about the USSR. Once in Moscow friends took me out for dinner and to the Moscow Circus, then on the Metro.
They showed me art from the USSR, parents happy to send their son off to war, huge fruits and vegetables supposedly grown in Russia, some other stuff trying to prove how the USSR was superior. Propaganda. They called it that.
We were all laughing.

But now I think this what the US does.

When I was attending a Serbian church and we were about to attack Serbia, CNN was caught on many occasions showing film and claiming it was Belgrade. But it was not.

I don’t think I will ever trust this country again.
And we might be expatting.


21 posted on 08/07/2023 1:41:52 PM PDT by MarMema (Eat your bananas)
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To: Jeff Vader

When it happens, most folks won’t notice. Unless they buy imports. Or have any investments.

So..mostly Dem’s and the welfare class won’t notice the sky falling. Until their cards don’t work.


22 posted on 08/07/2023 1:43:13 PM PDT by Vermont Lt
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To: hardspunned

Idk. I think they are winning.

And all we had to do was be kind.

But we never were, lately.

Anyone who spends time on international forums has certainly seen the jokes about us.


23 posted on 08/07/2023 1:44:15 PM PDT by MarMema (Eat your bananas)
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To: srmanuel
The 3-4 weeks is the timeframe when the BRICS are supposed to introduce a new currency to compete with the US Dollar, the currency is supposed to be backed by Gold.

Not sure its going to be backed by gold as much as it will be pegged to the price of gold.

Also don't think it will be out in 2023.

Definitely a step in the right direction though for the Global South.

24 posted on 08/07/2023 1:44:55 PM PDT by mac_truck (aide toi et dieu t'aidera)
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To: Jeff Vader

As reckless we have been in printing money and having other countries have to buy dollars to keep the value up of the dollar, when/if that changes, inflation will begin to run rampant and destroy the middle class as you say.


25 posted on 08/07/2023 1:47:24 PM PDT by srmanuel ( )
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To: Jeff Vader

As reckless we have been in printing money and having other countries have to buy dollars to keep the value up of the dollar, when/if that changes, inflation will begin to run rampant and destroy the middle class as you say.


26 posted on 08/07/2023 1:47:24 PM PDT by srmanuel ( )
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To: srmanuel
I don’t think most people have any idea what Dedollarization is and how much it will affect the economy.

Project Sandman has 186 countries signed up to stop using the US Dollar. Most of them are planning to join BRICS+. The petro-dollar and Bretton-Woods agreements are about to go out the door. BRICS has a viable alternative to SWIFT, so withholding access to SWIFT is becoming a toothless threat.

August 22nd is the target date to startup the new alternative current under BRICS.

27 posted on 08/07/2023 1:50:12 PM PDT by Myrddin
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To: MarMema

India is the weak link in BRICS. More than Russia, it has a natural rivalry with China, and has fought several border skirmishes. The country was ruled by Britain for two centuries, and English is effectively the common language. India is not totalitarian unlike China, and does not have the equivalent of the CCP, which is both a Mafia and an enforcer of ideology. Instead of obsessing over Ukraine or now West Africa, the rulers of the West need to court India.


28 posted on 08/07/2023 1:53:40 PM PDT by Wallace T. (.)
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To: MarMema

India is the weak link in BRICS. More than Russia, it has a natural rivalry with China, and has fought several border skirmishes. The country was ruled by Britain for two centuries, and English is effectively the common language. India is not totalitarian unlike China, and does not have the equivalent of the CCP, which is both a Mafia and an enforcer of ideology. Instead of obsessing over Ukraine or now West Africa, the rulers of the West need to court India.


29 posted on 08/07/2023 1:54:25 PM PDT by Wallace T. (.)
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To: Myrddin

The reaction probably won’t be overnight, it will take some time for this new currency to really eat into the US Dollar, a couple of things I will be watching closely will be how much Saudi Arabia and OPEC buys into this new currency for payment of oil and will any of our Western Allies buy into this new currency, especially EU countries.


30 posted on 08/07/2023 1:56:34 PM PDT by srmanuel ( )
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To: hardspunned

“BRICS accounts for 32% of global GDP and 40% of the global population.”

Also, it’s important to be aware of where much of the indispensable commodities are sourced, and many of those locations are in or clamoring to join BRICS. Washington’s arrogance and bullying over the decades is producing a serious competitor for global financial leadership. We ignore this at our peril.


31 posted on 08/07/2023 2:06:01 PM PDT by Rlsau1
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To: NewJerseyJoe
Well, that may be. But it's a reaction to uncontrolled spending by our nation. Intentional or not it's destroying our currency. Besides they are tired of having to deal with exchanging their money for dollars.

Your concerns change nothing about the lunacy of our out of control spending. That should be your concern.

32 posted on 08/07/2023 2:19:12 PM PDT by Robert DeLong
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To: NewJerseyJoe

Oh this is easy.

These countries support and provide slavery.

They’re is no fancy footwork to dance around like there is in the u.s.

We call slavery something else. BRICS simply knows that this will need the slaves that China and NK (among others such as India, and all of Asia) will happily provide.


33 posted on 08/07/2023 2:25:57 PM PDT by Celerity
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To: Myrddin

can I buy it?

WHat can the little guy do now

Say I have 25k I want to spare.

what to do?


34 posted on 08/07/2023 2:59:03 PM PDT by Chickensoup (Genocide is here. Leftist extremists are spearheading the Genocide against conservatives. )
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To: Robert DeLong

So what to do as a smallholder?


35 posted on 08/07/2023 3:00:35 PM PDT by Chickensoup (Genocide is here. Leftist extremists are spearheading the Genocide against conservatives. )
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To: srmanuel
Saudi is already accepting yuan for oil.
36 posted on 08/07/2023 3:14:43 PM PDT by Myrddin
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To: Chickensoup
$25k is "little guy" territory. You might stash it in physical gold as a hedge against the USD being suddenly devalued. If that doesn't occur, it's not hard to sell the gold for the currency/goods of your choice.
37 posted on 08/07/2023 3:17:20 PM PDT by Myrddin
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To: Wallace T.

How India is slowly moving into the American orbit

New Delhi still fiercely defends its neutrality. But wariness of China is pushing it ever closer to Washington
https://www.ft.com/content/174a1073-a67f-4ccf-b274-c147517e2749


38 posted on 08/07/2023 3:58:41 PM PDT by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: Worldtraveler once upon a time

I’m just hoping that I’m old enough that when it happens, the likelihood of my being dead is over 90%.


39 posted on 08/07/2023 4:22:01 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Chickensoup

Start by getting vocal, and proceed from there.


40 posted on 08/07/2023 4:34:55 PM PDT by Robert DeLong
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