Manny was right all along.
https://www.msn.com/en-us/money/markets/a-growing-club-of-very-powerful-countries-is-steering-away-from-using-the-dollar/ar-AAJBVox
... Many nation's trust the EU but the EU can't provide security. Many European nations rely on security from the US.Reliance on U.S. security is based upon the tried and true Mafia principle and no longer has anything to do with an external threat. CIA racketeers check on their "security" (protection) recipients and remind them, "It's a nice country you have here. It would be a shame if something bad should happen to it."
... Many nation's trust the EU but the EU can't provide security. Many European nations rely on security from the US.Reliance on U.S. security is based upon the tried and true Mafia principle and no longer has anything to do with an external threat. CIA racketeers check on their "security" (protection) recipients and remind them, "It's a nice country you have here. It would be a shame if something bad should happen to it."
... Many nation's trust the EU but the EU can't provide security. Many European nations rely on security from the US.Reliance on U.S. security is based upon the tried and true Mafia principle and no longer has anything to do with an external threat. CIA racketeers check on their "security" (protection) recipients and remind them, "It's a nice country you have here. It would be a shame if something bad should happen to it."Some countries feel the same way you do. Most do not.Personally, I think that most do.Those who are relying on American security are free to rely on Russia for their security instead.You keep referring to "reliance on security" but you need to motivate your conviction by first naming a threat. Who is it you think we need protection from?The reason why nations don't invite Russian troops in their country is because.... well...… ask Ukraine how it worked out for them.You want me to ask the Ukrainian people or the hand-picked politicians who were wedged into power by coercive, U.S. tactics? True, we don't invite Russian troops in our country. Why should we? Who wants to be occupied? What we want is for the U.S. troops to leave - their occupation is unwanted.America did not treat Fidel Castro of Cuba nicely. Fidel did not treat Americans nicely either.Give me an example of Castro treating the U.S. un-nicely.But if Cuba had a pro American leader, America would treat that leader nicely but Russia won't.Castro was pro-American. I suggest you do some reading on the events leading up to the Cuban revolution and Washington's response. You will find that the leader the U.S. "treated nicely" was Fulgencio Batista (a yes-man for the American mafia) and the reason for the revolution in the first place.If Russia and China want to be top dogs in this world, they either got take a lot of nations over or gain their trust.They are top dogs in this world already.Right now China and Russia are only scaring off their neighbors.That brings us full circle back to my initial comments on how the U.S. forces itself on other nations by threats. If you feel China and Russia are scaring off its's neighbours then why are both growing in European endearment and the U.S. is waning? Is it because we do not agree with you about being "scared off" or can it be that we are tired of the U.S. "scaring us off" and we are now willing to risk China and Russia "scaring us off" instead?
If you don't know why most nations prefer America's security over Russia and China's, it's best you ask those nations. Even suggest to them to replace American troops with Russian or Chinese and give them a good reason why.You seem to have a firm notion that nations are eager to be occupied by a foreign military and that it comes down to a simple matter of which foreign occupational Army we prefer. A better idea would first be for you to answer my earlier question, "Who is it you think we need protection from?" and we can then take the discussion from that point.
As far as Castro goes, it's been talked about for decades. I'm surprised that you don't know why sanctions were placed on Castro/Cuba. He stole a lot from Americans. America can be friends with Castro after Americans are compensated for what Castro stole.Castro didn't "steal" much (if anything at all) from the U.S. Maybe you are referring to the American Mafia's money-laundering tourist industry? I am sure you don't mean Cuba's natural resources of fruit and tobacco that was commandeered by the U.S. Mafia. Perhaps you are talking about the American Mafia's control on drugs and prostituion?
https://www.aljazeera.com/news/2019/04/allowing-lawsuits-properties-seized-castro-cuba-190417142211925.html
"Who is it you think we need protection from?" and we can then take the discussion from that point.
Castro didn't "steal" much (if anything at all) from the U.S. Maybe you are referring to the American Mafia's money-laundering tourist industry? I am sure you don't mean Cuba's natural resources of fruit and tobacco that was commandeered by the U.S. Mafia. Perhaps you are talking about the American Mafia's control on drugs and prostituion?
can you tell me why you think Soviet missiles were placed on Cuba?
If you don't think Castro stole anything from Americans who invested their money in Cuba, bought land, or operated businesses, then I understand why you don't think Castro is a bad guy and we should be friends.Those were all Mafia-generated assets. If American citizens buy into such a risk then if the consequences pull the rug out then it's 'hard knocks' for those taking such risks.
But Castro did steal from American citizens and the American government sticks up for it's citizens.Sorry Billy, but the only damage control the U.S. initiated was for the benefit of the American Mafia, something that even Fidel Castro hadn't expected. He thought Washington would praise him for ridding his country of organized crime. Turns out (apparently) that Kennedy really did have tight connections with the Mob - just as the rumours had always claimed.
can you tell me why you think Soviet missiles were placed on Cuba?
There's was a thing called the Cold War going on at that time. America placed missiles in Turkey and Russia placed missiles in Cuba ....Yes. So you acknowledge the fact that the whole issue was about U.S. missiles in Turkey (and Italy) poised and aimed at Soviet cities and that Krushejev's plan was to force them out by placing his own missiles on Cuba aimed at U.S. cities. He succeeded, by the way. OK, good start! Now, all you have to do is reply to my question: "Why do you think there were sanctions placed on Cuba by the U.S?" You have failed to address that question. You are inspired to know about the tit-for-tat missile jousting so what "foul" was committed by the USSR that sanctions would rectify? I don't see a "foul". Do you?
.... Is your version of history the same or is there a Mafia conspiracy involved in this too?Why would it?
Val,Nice touch. I like it! :)
... you somehow believe every property owned by Americans were by the Mafia when most property and businesses owned in Cuba by Americans were owned by law abiding citizens."Law-abiding". That's funny. Allow me please to digress for only a very short moment: During the Apartheid government in South Africa forcing blacks to the back of the queue was law and any white person who stepped in front of an African (or worse, much worse) was "law-abiding".
You also believe Castro seizing all property without due process was a good thing and should be praised by America.Absolutely. Did the 13 original States of the U.S. gain independence by "due process"? Why shoot, the land belonged to the Indians anyway. Cuba belonged to the Cuban population, not La Cosa Nostra of East Harlem.
Is it okay for Sweden to take everything you got on an accusation that you're a criminal? Or should Sweden take criminals to court first to confirm they're a criminal before claiming their property?Is there some relevant reason for asking that question?
..... more action was taken against Cuba for their behavior during the cold war.Rather than get ourselves in a quagmire suppose you tell me what "behaviour during the cold war" you are talking about? Give me an illustration of what you think might be the best example. Your personal view, I mean.
You like what Cuba did.Yes.
I and most Americans don't.Perhaps, if you and those "most Americans" read through this dialogue you/they might change their minds.
Castro is responsible for the direction he took his country in.Yes. He is responsible for the direction he took his country in .... even when the U.S. made it extremely difficult for the Cuban population.
Life is tough.Indeed it is.
It's even tougher if you're stupid. So they continue to suffer. They should pick better friends.Are you speaking again about "most Americans" who have been denied the facts of Cuban history? If so, you are being unfair. Americans are dreadfully ignorant about the outside world through no fault of their own. No, they are not "stupid". Deprivation of knowledge is not their fault any more than economic hardship forced upon Cuba by the U.S. makes the Cuban population "stupid".
As far as Castro goes, it's been talked about for decades. I'm surprised that you don't know why sanctions were placed on Castro/Cuba. He stole a lot from Americans. America can be friends with Castro after Americans are compensated for what Castro stole.
Property taken during the Nazi period in both Germany and abroad. Art work has indeed been returned to the heirs.
Apples and pears, Billy. Worse, in fact, you are swimming upstream against your own morals.Property taken during the Nazi period in both Germany and abroad. Art work has indeed been returned to the heirs.Thanks to guns, Nazi policy on property acquisition got reversed.
Val, imagine yourself being rich. You living in Sweden don't care about politics between Sweden and your next door neighbor Norway. You are not associated with the Mafia. You then invest in property in Norway. You buy land to build you a house and a hotel. You open a new store called Ikea! Business is good. Life is good. Some guy named Castro Jr overthrows the government in Norway and nationalizes everything which allows him to take everything foreigners invested in Norway but he doesn't compensate for foreigners losses. He labels you all as being associated with the Mafia so he's doing a good thing confiscating stuff YOU stole from somebody else. There is no trial to prove you are with the mafia or that you stole anything but you are deemed guilty and their newly revised history books will record all Swedes living in Norway as Mafia. Now the Swedish government gets upset. What was a friendly neighbor is now an enemy and done Swedes wrong. They place sanctions on Norway and tell their citizens to file claims so they may someday recover money and property should the situation in Norway changes. Would you file a claim against Norway and Castro Jr or will you let your investments go and tell your government to remove the unjust sanctions against Norway that is hurting their citizens?
Sweden doesn't control Norway (as the American Mafia did in Cuba)
any property I might purchase there will be by way of Norwegian law, not Swedish occupational law or by bribery. I am disappointed that you do not see the difference.
You are not paying attention, are you.Sweden doesn't control Norway (as the American Mafia did in Cuba)
Why do you think the American Mafia was the only group that owned property and businesses in Cuba? To validate Castro stealing property from all Americans under the disguise criminals were owning it? Currently American citizens and businesses own property and businesses all over the world.
What are you talking about? Norwegian law is Norwegian law. Democratic law. Cuba was under mafia Mob rule. It wasn't Democratic. Doing business with them was like buying goods that "fell off the back of a truck" and the rightful owner can claim it at any time. The Cubans are the rightful owners and made their claim once Fidel Castro took it to task and did the right thing.any property I might purchase there will be by way of Norwegian law, not Swedish occupational law or by bribery. I am disappointed that you do not see the difference.You did not answer my question. You're dancing around it. Assume you buy property and open businesses in Norway under it's current law. The government there gets taken over and the new laws says you're Mafia without a trial so everything you possess is taken by the government of Norway. Will you be happy about it, accept Norway's new laws or will you make a claim to get your property back? I think you'd make a claim. I think you're no different than the Americans you criticize.
I have answered your question. If you do not like my answer or you feel that my answer didn't satisfy your expectations then perhaps you ought to rephrase it or ask another one. :nod:
How hard is it to answer my question? It's not that difficult to answer.
I'd file a claim against a nation that steals my property.You can still file a claim with the Gambino family. Good luck! :laugh:
How hard is it to answer my question? I'd file a claim against a nation that steals my property. It's not that difficult to answer.
What happens here is these guys read some propaganda and think they are informed.
Castro was pro-American. I suggest you do some reading...…
You're still puttering around in the sand with your plastic spade and bucket and telling wild tales, I see.What happens here is these guys read some propaganda and think they are informed.
Val thinks everything American in Cuba was Mafia or Mafia owned so he rationalizes Castro stealing everything American was a good thing.Castro was pro-American. I suggest you do some reading...…
Castro stole from Americans for our benefit. :laugh:
Interesting PhD Reality Check regarding the USD as the World Reserve Currency...
Trigger Warning to the Hate America Firsters who dominate this thread:
"The USA is not powerful because of its Global Reserve Currency...
"It has the Global Reserve Currency because of its Power especially the US Navy which is in fact 7 TIMES larger that the remainder of the world's Navies combined - throw in the only other expeditionary Navies; Japan and UK as Major USA Allies then that multiple rises to 12 Times."
Now Add In the US ARMY, US AIRFORCE, and US SPACE FORCE... there is a reason why the World Does what it is told to do by the USA and its owners in the UK CoL Crown Colony HQ.
There is no reality or rationale whereby the USA does not remain the most powerful military and economic power for decades to come. The real irony is the talk About the BRICS basket of value leading to the next global currency for trade.
The UK who invented global reserve currency with the Pound Stirling in the 17th and 18th Centuries literally HATES all the other ethnic tribes on its islands, Hates Canada, Oztralia and USA as its dumping grounds for Religious Zealots and Criminals, Hates the Blacks and Browns in all of the British Commonwealth of Nations Economic Colonies. And - now that China is stepping in as the Financier of Choice for the members of the British Commonwealth with a more benign form of DEBT SLAVERY that the British Crown CoL interest including massive Chinese Backsheesh Payments to Commonwealth Pols and Elites. Thus the stroppy attitudes of the former UK Slave Colonies to the UK Royals Price William and his Future Queen Consort Kate who were accorded not respect but gross humiliations. Now they will get what they wished for - absorption by the Chinese BORG Empire!.
Now consider the BRICS a half dozen countries rising to a dozen or more countries that do limited trade with each other - mostly with China like the rest of the world, and are such diverse cultures they combine more out of a sense of monitoring each other as competitors and really HATE and FEAR each other!
Thus this:
Global Currency: The Dollar Ain't Going Nowhere
MIC DROP HEARD AROUND THE WORLD!
the US Navy which is in fact 7 TIMES larger that the remainder of the world's Navies combined -
the US Navy which is in fact 7 TIMES larger that the remainder of the world's Navies combined -
You really should fact-check twaddle. Its nothing like you claim (https://worldpopulationreview.com/country-rankings/largest-navies-in-the-world).
If you're so powerful, why did you flee Afghanistan after 20 years with your tail between your legs, beaten by the Taliban?
The Empire of Lies is a declining power, that's why. Your military would be better served defending your southern borders.
If you're so powerful, why did you flee Afghanistan after 20 years with your tail between your legs, beaten by the Taliban?
The Empire of Lies is a declining power, that's why. Your military would be better served defending your southern borders.
If you're so powerful, why did you flee Afghanistan after 20 years with your tail between your legs, beaten by the Taliban?
The Empire of Lies is a declining power, that's why. Your military would be better served defending your southern borders.
Worth noting Afghanistan does not have a sea. Russia and the UK also fled from that disaster.
America should defend the southern border and for that matter the norther border from the Poutine eaters.
If you're so powerful, why did you flee Afghanistan after 20 years with your tail between your legs, beaten by the Taliban?
The Empire of Lies is a declining power, that's why. Your military would be better served defending your southern borders.
Worth noting Afghanistan does not have a sea. Russia and the UK also fled from that disaster.
America should defend the southern border and for that matter the norther border from the Poutine eaters.[/size][/font]
Ukraine is doing their best to expel the Poutine from the east. :laugh:
(https://i.pinimg.com/236x/40/20/0a/40200a009402b22ec8ecfb039a484805--vladimir-poutine-remedies.jpg)
1. Because Joe Biden is a treasonous weak ineffective President who cannot do anything right.
2. We agree that our military would be better suited defending our southern border.
The 1878 Posse Comitatus Act limits the U.S. military's role in enforcing domestic laws, meaning that interactions between active-duty troops and migrants at the Mexican border are restricted. They can neither detain and deport unauthorized immigrants nor conduct searches and seizures.https://www.cfr.org/backgrounder/how-us-patrols-its-borders
1. Because Joe Biden is a treasonous weak ineffective President who cannot do anything right.
https://www.state.gov/wp-content/uploads/2020/02/Agreement-For-Bringing-Peace-to-Afghanistan-02.29.20.pdf
This agreement between the US and the Taliban, without Afghan government was signed on 29 February 2020. Biden was elected in November 2020. Who was POTUS at this time?
If you're so powerful, why did you flee Afghanistan after 20 years with your tail between your legs, beaten by the Taliban?
The Empire of Lies is a declining power, that's why. Your military would be better served defending your southern borders.
Worth noting Afghanistan does not have a sea. Russia and the UK also fled from that disaster.
America should defend the southern border and for that matter the norther border from the Poutine eaters.[/size][/font]
Ukraine is doing their best to expel the Poutine from the east. :laugh:
(https://i.pinimg.com/236x/40/20/0a/40200a009402b22ec8ecfb039a484805--vladimir-poutine-remedies.jpg)
In this situation I would refer to the invaders as poutain. Seems to be adequate description.
This agreement between the US and the Taliban, without Afghan government was signed on 29 February 2020. Biden was elected in November 2020. Who was POTUS at this time?
Manny has been talking about this for years.
https://www.msn.com/en-us/money/markets/a-growing-club-of-very-powerful-countries-is-steering-away-from-using-the-dollar/ar-AAJBVox
This agreement between the US and the Taliban, without Afghan government was signed on 29 February 2020. Biden was elected in November 2020. Who was POTUS at this time?
Even with a road map Biden still sh!t the bed after having his
bed made for him. Trump told the Taliban that if ONE
American died that X, Y and Z would be killed. Biden
didn't follow through, so the Taliban considered him
as just another weak idiot Democrat that could be
ignored.
Team Biden was so inept and incompetent in their
execution that they should have been impeached
and removed from office. Gross negligence 1
1. § 762 https://presspubs.uchicago.edu/founders/documents/a1_2_5s18.html
Pinko Communist traitor tries to justify the incompetent treasonous Biden regime, as usual, what a surprise. :sick0012:
Anyone paying attention knows that there were strict requirements to a US pullout. Anyone who can speak and write the truth knows that if Trump had been in office, the Biden Afghanistan debacle never would have happened. In fact Trump had postponed a pullout date, specifically because the Taliban wasn't living up to the requirements.
This is a typical pinko commie attempt to whitewash the truth, by our resident traitor, Beyond Confused.
Your opinion of Trump delaying the drawdown seems flawed, with all indications and reports contrary to your statement. Yes, when he was inaugurated, Biden wanted to withdraw the remaining 2400 troops left in Afghanistan. With so few left, and a rapidly degrading situation on the ground, any further delays could put them at even greater risk and require more troops to be sent to Afghanistan. Biden's position was between a rock and a hard place when he took office.
https://www.usatoday.com/story/news/world/2021/08/30/what-military-equipment-left-behind-afghanistan-us/5658895001/
I only added something substantive and a bit more descriptive about what was left, Markje. I'll leave it up to y'all to draw your conclusions from the information provided in the article, which included other pertinent information like those likely disabled and left in nonfunctioning condition.
https://www.usatoday.com/story/news/world/2021/08/30/what-military-equipment-left-behind-afghanistan-us/5658895001/
1. Because Joe Biden is a treasonous weak ineffective President who cannot do anything right.
https://www.state.gov/wp-content/uploads/2020/02/Agreement-For-Bringing-Peace-to-Afghanistan-02.29.20.pdf
This agreement between the US and the Taliban, without Afghan government was signed on 29 February 2020. Biden was elected in November 2020. Who was POTUS at this time?Quote2. We agree that our military would be better suited defending our southern border.
Our laws prevent the military from defending the border as you desire. Even Trump could not have done so.QuoteThe 1878 Posse Comitatus Act limits the U.S. military's role in enforcing domestic laws, meaning that interactions between active-duty troops and migrants at the Mexican border are restricted. They can neither detain and deport unauthorized immigrants nor conduct searches and seizures.https://www.cfr.org/backgrounder/how-us-patrols-its-borders
A Biden apologist network said there wasn't anything of value
left behind, that's such a surprise. I recommend using several
sources to get to the bottom of what's going on, especially
when Biden took such a major hit from his mismanagement.
Clearly BC Baphomet the Communist is channeling his inner reincarnation of the Italian Communist leader that the Soviets named their LADA-FIAT Auto City after. https://en.wikipedia.org/wiki/Palmiro_Togliatti
Residing in his Italian Communist Workers Paradise he spouts communist shite and verbose vomit across the true Patriots that are currently suffering under the Reign of Beijing Biden and the Biden CCP bought and paid for Crime Cartel. The CCP being you guessed it BC's beloved Chinese COMMUNIST Party.
The CCP is supplying massive amounts of the liquid chemical precursors for fentanyl to the Mexican Narco-Terrorist Cartels that are currently actively invading the USA and Killing over 100,000 young men and women of military age to the benefit of the CCP and Mexican "Reconquistadores" who's main goal is to take over the USA and replace the USA population with cheap low IQ indigenous Mexican labor and high IQ Chinese Communist Managers and executives.
To all the communist lovers and CCP disciples on this forum just watch how the CCP collaborators in the Biden Regime are about to go into full arse-pucker mode as the Patriots of America, ARMED and AMMOED Up to the full max now are preparing to go FULL MEDIEVAL on the Beijing Biden CCP regime with investigations, subpoenas, and CUTTING OFF ALL Funding to the US GOVT, DoD, DEA, ATF, and all federal LEO agencies (FBI and CIA) as the first shots are fired across the Beijing Biden CCP Ship of State until they do their jobs fighting the CCP Narco Terrorists.
Old Joe was in the US Senate and he may be demented but he can still count votes and may believe the only way to keep his entire family out of prison is to do his damned job as POTUS on behalf of the US People instead of the Chinese, Central American and Ukrainian people.
Either that or the entire Biden Crime Cartel goes to prison along with all of their CCP Democommunist Party co-conspirators.
The CCP Beijing Biden Narco-Terrorists wanted a war with the American Patriots they have one now - first law voted on today in the New Patriots lead Congress is to IMPEACH DHS Secretary Mayorkis (Biden knows he is next) the Lying Legacy Media will cover all of this or be treated as enemies of the state.
Then launch a full-scale DoD DEA attack with 4 Carrier Battle Groups on the Atlantic, Gulf and Pacific sides of Mexico and Central American Drug smuggling Routes and CCP Supplied and funded Fentanyl Factories with fully cooperative Mexican and Latin American govt and military allied attacks just like we did the first time we had to take down the Columbian Cocaine and Crack Cartels.
CIA can Legally Hire former DoD Special Forces and embed them with Posse Comitatus compliant Federal DEA/ATF and the bloody CCP/FBI traitors have a choice - work with the DoD/CIA/DEA to eliminate the CCP Fentanyl laced Drugs supplied by multiple Mexican and Latin American Militias and CCP NARCO-TERRORIST ORGANIZATIONS and kill all of the CCP Narco-Terrorists where they sleep across Mexico and Latin America (Witness the Mexican Govt War with the Sinaloa Cartel and their recent battle to arrest and extradite El Chapo's son to the USA Federal Prison Systems). Exactly how we took down the ISIS Caliphate. The latest Sinaloa battles in Mexico resulted in the seizure of massive Military Militia Grade weapons caches. Proof the USA is now fighting true armed organized militias exactly like ISIS.
Will be interesting to watch mass formations of M1A1 Super Tanks and Apache attack Helos roll across the southern border with US Air Force and Space Force Support along with the US Navy Carrier Battle Groups as they come down like Thor's Hammer on these CCP-Narco Terrorists camps and urban strongholds until every last one of the Enemy is phooking dead.
Do you really think Biden went to the wall to reach out "across the aisle" to the new GOP house who now controls his Govt Purse Strings and will shut down the US Gov Spending over the coming Debt Ceiling unless Joe radically changes course now and upholds his oath as CIC.
Biden's Border Wall Walk was a distraction, the real action was meeting with the Mexican Govt which just negotiated USA Support for its war on the Narco-Terrorists now that they see that the USA gave $110 Billion USD plus overtly and trillion$ covertly to support the Kiev/Burisma branch of Biden's Crime Family and Ukraine Mafiya Operations in Ukraine.
Mexico expects the same now in return for going to war with the CCP Narco-Terrorists and shutting down the Drugs Crimes fueled by the Beijing Biden/CCP Cartels' fentanyl murders and narco-terrorist war against the USA.
BC a.k.a. Baphomet the Communist can pound his Communist Posse Comitatus BS up his arse next to his head, either or both.
The USA is now at war with the CCP-Narco-Terrorists who got strong while we were distracted by the ISIS Caliphate and the Ukraine Mafiya War with their Russian Mafiya cousins.
Shite is now getting real.
A Biden apologist network said there wasn't anything of value
left behind, that's such a surprise. I recommend using several
sources to get to the bottom of what's going on, especially
when Biden took such a major hit from his mismanagement.
Not how I read it, but if that's your opin, it's fine.
Clearly BC Baphomet the Communist is channeling his inner reincarnation of the Italian Communist leader that the Soviets named their LADA-FIAT Auto City after. https://en.wikipedia.org/wiki/Palmiro_Togliatti
Residing in his Italian Communist Workers Paradise he spouts communist shite and verbose vomit across the true Patriots that are currently suffering under the Reign of Beijing Biden and the Biden CCP bought and paid for Crime Cartel. The CCP being you guessed it BC's beloved Chinese COMMUNIST Party.
The CCP is supplying massive amounts of the liquid chemical precursors for fentanyl to the Mexican Narco-Terrorist Cartels that are currently actively invading the USA and Killing over 100,000 young men and women of military age to the benefit of the CCP and Mexican "Reconquistadores" who's main goal is to take over the USA and replace the USA population with cheap low IQ indigenous Mexican labor and high IQ Chinese Communist Managers and executives.
To all the communist lovers and CCP disciples on this forum just watch how the CCP collaborators in the Biden Regime are about to go into full arse-pucker mode as the Patriots of America, ARMED and AMMOED Up to the full max now are preparing to go FULL MEDIEVAL on the Beijing Biden CCP regime with investigations, subpoenas, and CUTTING OFF ALL Funding to the US GOVT, DoD, DEA, ATF, and all federal LEO agencies (FBI and CIA) as the first shots are fired across the Beijing Biden CCP Ship of State until they do their jobs fighting the CCP Narco Terrorists.
Old Joe was in the US Senate and he may be demented but he can still count votes and may believe the only way to keep his entire family out of prison is to do his damned job as POTUS on behalf of the US People instead of the Chinese, Central American and Ukrainian people.
Either that or the entire Biden Crime Cartel goes to prison along with all of their CCP Democommunist Party co-conspirators.
The CCP Beijing Biden Narco-Terrorists wanted a war with the American Patriots they have one now - first law voted on today in the New Patriots lead Congress is to IMPEACH DHS Secretary Mayorkis (Biden knows he is next) the Lying Legacy Media will cover all of this or be treated as enemies of the state.
Then launch a full-scale DoD DEA attack with 4 Carrier Battle Groups on the Atlantic, Gulf and Pacific sides of Mexico and Central American Drug smuggling Routes and CCP Supplied and funded Fentanyl Factories with fully cooperative Mexican and Latin American govt and military allied attacks just like we did the first time we had to take down the Columbian Cocaine and Crack Cartels.
CIA can Legally Hire former DoD Special Forces and embed them with Posse Comitatus compliant Federal DEA/ATF and the bloody CCP/FBI traitors have a choice - work with the DoD/CIA/DEA to eliminate the CCP Fentanyl laced Drugs supplied by multiple Mexican and Latin American Militias and CCP NARCO-TERRORIST ORGANIZATIONS and kill all of the CCP Narco-Terrorists where they sleep across Mexico and Latin America (Witness the Mexican Govt War with the Sinaloa Cartel and their recent battle to arrest and extradite El Chapo's son to the USA Federal Prison Systems). Exactly how we took down the ISIS Caliphate. The latest Sinaloa battles in Mexico resulted in the seizure of massive Military Militia Grade weapons caches. Proof the USA is now fighting true armed organized militias exactly like ISIS.
Will be interesting to watch mass formations of M1A1 Super Tanks and Apache attack Helos roll across the southern border with US Air Force and Space Force Support along with the US Navy Carrier Battle Groups as they come down like Thor's Hammer on these CCP-Narco Terrorists camps and urban strongholds until every last one of the Enemy is phooking dead.
Do you really think Biden went to the wall to reach out "across the aisle" to the new GOP house who now controls his Govt Purse Strings and will shut down the US Gov Spending over the coming Debt Ceiling unless Joe radically changes course now and upholds his oath as CIC.
Biden's Border Wall Walk was a distraction, the real action was meeting with the Mexican Govt which just negotiated USA Support for its war on the Narco-Terrorists now that they see that the USA gave $110 Billion USD plus overtly and trillion$ covertly to support the Kiev/Burisma branch of Biden's Crime Family and Ukraine Mafiya Operations in Ukraine.
Mexico expects the same now in return for going to war with the CCP Narco-Terrorists and shutting down the Drugs Crimes fueled by the Beijing Biden/CCP Cartels' fentanyl murders and narco-terrorist war against the USA.
BC a.k.a. Baphomet the Communist can pound his Communist Posse Comitatus BS up his arse next to his head, either or both.
The USA is now at war with the CCP-Narco-Terrorists who got strong while we were distracted by the ISIS Caliphate and the Ukraine Mafiya War with their Russian Mafiya cousins.
Shite is now getting real.
Thanks for putting me in my place, Cufflinks, I deserved every bit of that ass spanking!!!
The war on drugs failed miserably and you still don't get it.The only way to win that war, is with good health-care to the poor.... guess where the USA is failing.
Good job Cufflinks, I enjoyed that immensely! :ROFL: :ROFL: :ROFL: tiphat
THIS MUST END NOW.
Good job Cufflinks, I enjoyed that immensely! :ROFL: :ROFL: :ROFL: tiphat
I'm glad you at found Cuffy's childish tantrum at least has some entertainment value. As for legal, practical, and actionable ideas to combat the demand for chemicals that cause dependency and death, it's worth zero.
BC you ignoramus if we were face to face I would treat you like a Narco-Terrorist because if you defend CCP Narco-Terrorists you ARE a Narco-Terrorist and are in fact an enemy of the US Constitution - in your case a Bold Faced Beijing Biden Loving Traitor.
As for your worn-out liberal Communist whore's trope that if there was no demand for illegal drugs there would be no problem - you are just like the Drag Queens who teach little children that cross-dressing and performing while living an LGBTQ-trannie life is healthy when it is the primary vector for 30 STD's many deadly and debilitating.
The problem with these advanced CCP designer Drugs and potent fentanyl or 100X worse carfentanyl is that they are extremely addictive and deadly so your red herring argument against fighting the CCP Narco Terrorists Cartels is a RED HERRING, Dead on Arrival just like your beloved CCP Narco-Terrorists very soon.
Baphomet the Satanic Communist you and your AOC Marxist ilk are despicable excuses for human beings - Putin has the right idea nuking you pukes in the EU.
Not how I read it, but if that's your opin, it's fine.
https://www.msn.com/en-us/money/markets/here-s-why-experts-say-russia-and-china-s-attempts-to-de-dollarize-global-markets-are-going-nowhere/ar-AA18f3XE?ocid=hpmsn&cvid=264eecbca47c48adb40c35b4ae1baf1d&ei=49
Remember, every time the United States imposes illegal sanctions upon countries, companies and individuals with the stated goal of isolation of those entities, the reality is that the United States is isolating itself from those entities. The rest of the world is larger than the USA. This is a one-way street.
Think for a moment Bill.
https://www.msn.com/en-us/money/markets/here-s-why-experts-say-russia-and-china-s-attempts-to-de-dollarize-global-markets-are-going-nowhere/ar-AA18f3XE?ocid=hpmsn&cvid=264eecbca47c48adb40c35b4ae1baf1d&ei=49
Typical fake news/propaganda.
Un-named "experts" and a nonsense piece by someone called Jennifer Sor, a "junior reporter". Probably a Chat GPT-generated piece.
https://www.msn.com/en-us/money/markets/here-s-why-experts-say-russia-and-china-s-attempts-to-de-dollarize-global-markets-are-going-nowhere/ar-AA18f3XE?ocid=hpmsn&cvid=264eecbca47c48adb40c35b4ae1baf1d&ei=49
Typical fake news/propaganda.
Un-named "experts" and a nonsense piece by someone called Jennifer Sor, a "junior reporter". Probably a Chat GPT-generated piece.
What is happening is groups of countries will trade in trading blocks. Russia and China will be part of one block and USA and EU will be part of another block. There will be little trade between blocks but trade within blocks. It is the end of globalization as we know it. The completing blocks will make the world less efficient, and most people will have less. A less affluent and older society means it will be harder for anyone to sell products in most countries.
China and Brazil have secured a deal to conduct bilateral trade in their own respective currencies, eliminating the US dollar as an intermediary.
The agreement between the two BRICS countries, which have $150 billion in annual trade, would probably have been signed in Beijing this week had Brazilian President Luiz Inacio Lula da Silva’s scheduled visit not been postponed due to illness. At around the same time, China also conducted its first-ever trade of liquified natural gas settled entirely in yuan with France’s TotalEnergies.
The decision by Brazil and China to pursue non-dollar trade is a huge geopolitical moment, and a sign that countries are seeking to move away from using the US currency, in direct response to Washington’s abuse of the global reserve currency for its own hegemonic aims. Although the greenback will of course remain a prominent force in global trade and economics, the Americans’ ability to use it as a tool with which to bully and quash other countries is diminishing.
Saudi Arabia breaks ties with America for economic independence
According to a Financial Times report, the decision to adopt an economic strategy independent of the US is due to the deteriorating relations between Riyadh and Washington during the Biden administration.
Saudi Arabia was recently granted a dialogue partner status in the Shanghai Cooperation Organization (SCO), a China-led Asian security and economic bloc that includes Russia, India, Pakistan and other major economic players. The state may eventually be granted full membership.
The traditional unilateral relationship with the US has now ended, and we have moved to a more open relationship; Strong with the US but equally strong with China, India, (the) UK, France and others.
https://biz.crast.net/saudi-arabia-breaks-ties-with-america-for-economic-independence/
Wiz, don't confuse the dollar with the petrodollar. The dollar will be fine and is a much tougher nut to crack.Saudi Arabia breaks ties with America for economic independence
According to a Financial Times report, the decision to adopt an economic strategy independent of the US is due to the deteriorating relations between Riyadh and Washington during the Biden administration.
Saudi Arabia was recently granted a dialogue partner status in the Shanghai Cooperation Organization (SCO), a China-led Asian security and economic bloc that includes Russia, India, Pakistan and other major economic players. The state may eventually be granted full membership.
The traditional unilateral relationship with the US has now ended, and we have moved to a more open relationship; Strong with the US but equally strong with China, India, (the) UK, France and others.
https://biz.crast.net/saudi-arabia-breaks-ties-with-america-for-economic-independence/
Has it crossed your mind that the BRICS now control more population in the globe than USA?
Soon the dominace of the dollar will end around the world.
Russia now has more control of oil and gaz production, from its control of the North pole resources, where America has very litle production or none and buy supplies of oil and gaz from Russia via India and also from Iran in the market prices?
The Dollar and America are both on the same path falling down steps like Biden!
The end is coming fast.
Wiz, don't confuse the dollar with the petrodollar. The dollar will be fine and is a much tougher nut to crack.Saudi Arabia breaks ties with America for economic independence
According to a Financial Times report, the decision to adopt an economic strategy independent of the US is due to the deteriorating relations between Riyadh and Washington during the Biden administration.
Saudi Arabia was recently granted a dialogue partner status in the Shanghai Cooperation Organization (SCO), a China-led Asian security and economic bloc that includes Russia, India, Pakistan and other major economic players. The state may eventually be granted full membership.
The traditional unilateral relationship with the US has now ended, and we have moved to a more open relationship; Strong with the US but equally strong with China, India, (the) UK, France and others.
https://biz.crast.net/saudi-arabia-breaks-ties-with-america-for-economic-independence/
Has it crossed your mind that the BRICS now control more population in the globe than USA?
Soon the dominace of the dollar will end around the world.
Russia now has more control of oil and gaz production, from its control of the North pole resources, where America has very litle production or none and buy supplies of oil and gaz from Russia via India and also from Iran in the market prices?
The Dollar and America are both on the same path falling down steps like Biden!
The end is coming fast.
I wrote a few months back that the petrodollar was on life support, and it is.
Also ridiculous is the sanctimonious Americans on this board who have the balls to call Russia a bully. Too funny.
The world is tired of America dictating policy. Ukraine is the last straw as countries around the globe tire of being bombed and/or sanctioned or are fearful that their assets will be confiscated if they don't do exactly as they're told. Which happens to be against international law, as if America gives a rat's ass about any kind of law.
Bitch about China all you want Americans, and keeping trying to convince us that it will not surpass the US as the global leader, but it's happening in real time.
China, for all its drawbacks, still looks to advance other nations by offering mutually beneficial trade options whereas America only offers the option of said country NOT to be bombed.
Gee, I wonder what should a country do?
Equally as important is the fact that the rest of the world has caught up to the advancements of today and are much, much, less reliant on the "Collective West". IOW, they are much more self-reliant.
Bottom line, this situation in Ukraine is negatively affecting the world and no one is benefitting from it except a very small group of crazy, sociopathic :censored: ers and opportunists.
Count me as one of the outsiders who has had enough of America's "I'm going take my ball and go home" bitch ass paradigm.
Only in this case "my ball" is bombing countries back to the Stone Age, or economically sanctioning countries. Both options, of which, have killed millions upon millions of INNOCENT people over the years.
Saudi Arabia breaks ties with America for economic independence
According to a Financial Times report, the decision to adopt an economic strategy independent of the US is due to the deteriorating relations between Riyadh and Washington during the Biden administration.
Saudi Arabia was recently granted a dialogue partner status in the Shanghai Cooperation Organization (SCO), a China-led Asian security and economic bloc that includes Russia, India, Pakistan and other major economic players. The state may eventually be granted full membership.
The traditional unilateral relationship with the US has now ended, and we have moved to a more open relationship; Strong with the US but equally strong with China, India, (the) UK, France and others.
https://biz.crast.net/saudi-arabia-breaks-ties-with-america-for-economic-independence/
Has it crossed your mind that the BRICS now control more population in the globe than USA?
Soon the dominace of the dollar will end around the world.
Russia now has more control of oil and gaz production, from its control of the North pole resources, where America has very litle production or none and buy supplies of oil and gaz from Russia via India and also from Iran in the market prices?
The Dollar and America are both on the same path falling down steps like Biden!
The end is coming fast.
Saudi Arabia breaks ties with America for economic independence
According to a Financial Times report, the decision to adopt an economic strategy independent of the US is due to the deteriorating relations between Riyadh and Washington during the Biden administration.
Saudi Arabia was recently granted a dialogue partner status in the Shanghai Cooperation Organization (SCO), a China-led Asian security and economic bloc that includes Russia, India, Pakistan and other major economic players. The state may eventually be granted full membership.
The traditional unilateral relationship with the US has now ended, and we have moved to a more open relationship; Strong with the US but equally strong with China, India, (the) UK, France and others.
https://biz.crast.net/saudi-arabia-breaks-ties-with-america-for-economic-independence/
Has it crossed your mind that the BRICS now control more population in the globe than USA?
Soon the dominace of the dollar will end around the world.
Russia now has more control of oil and gaz production, from its control of the North pole resources, where America has very litle production or none and buy supplies of oil and gaz from Russia via India and also from Iran in the market prices?
The Dollar and America are both on the same path falling down steps like Biden!
The end is coming fast.
LOLOLOL Wizzbanger you are such a USA hating Greek Leech sucking off the largesse of Britain which used to be the world's reserve currency. Seems Broken Down Britannia suits you fine compare to Greece which has a much better climate but much worse financials.
NO ONE Trusts phooking organ harvesting Red Communist Chinese lest they become the next organ harvestees...
IMF SDRs Special Drawing Rights basket of currencies likely the next CBDC Digital Global Currency - look up the component currencies in the SDRs...
We will NUKE all of you Euro surrender monkeys before we ever let the Genocidal Chinese take over the world.
(Attachment Link)
I'd suggest de-dollarisation is gathering pace now more countries are on board. It's happening.At first I was skeptical, but the signs are unmistakable. the Dollar is loosing its attractiveness as an in-between currency.
I'd suggest de-dollarisation is gathering pace now more countries are on board. It's happening.At first I was skeptical, but the signs are unmistakable. the Dollar is loosing its attractiveness as an in-between currency.
Others said: What will replace it, don't make me laugh. The answer is here: Nothing will be in place, because nobody in todays world will need another currency for business. "Swift" made sure of that.
Cufflinks, losing it's position of primacy will not be, as you correctly pointed out, be the end of the world for the United States. The comparison you made is an imperfect one, but useful.
Just as the UK still has IIRC the 7th largest economy in the world, the United States would still have a very large economy. It would still be a major player on the world stage, just as Great Britain is.
But, the United States would lose the ability to force the rest of the world to pay for it's force projection. Also, the population of the world will cease to subsidise the standard of living of all USAians.
So, just as with the UK, the status of the USA will change. Fewer of you will be able to afford the standard of living you currently enjoy. Poverty will increase even further.
Losing dollar primacy will not mean that the United States pops out of existence. But the effect upon the rest of the world be be the loss of an economic and political dead weight. That's something that will benefit almost everyone without a blue passport.
When I started talking about this perhaps 20 years ago, I expected it to be a process that took a couple of generations. But as others have said in different places and contexts in answer to the question "How did it happen so quickly?"
Slowly at first and then very fast.
Cufflinks, losing it's position of primacy will not be, as you correctly pointed out, be the end of the world for the United States. The comparison you made is an imperfect one, but useful.
Just as the UK still has IIRC the 7th largest economy in the world, the United States would still have a very large economy. It would still be a major player on the world stage, just as Great Britain is.
But, the United States would lose the ability to force the rest of the world to pay for it's force projection. Also, the population of the world will cease to subsidise the standard of living of all USAians.
So, just as with the UK, the status of the USA will change. Fewer of you will be able to afford the standard of living you currently enjoy. Poverty will increase even further.
Losing dollar primacy will not mean that the United States pops out of existence. But the effect upon the rest of the world be be the loss of an economic and political dead weight. That's something that will benefit almost everyone without a blue passport.
When I started talking about this perhaps 20 years ago, I expected it to be a process that took a couple of generations. But as others have said in different places and contexts in answer to the question "How did it happen so quickly?"
Slowly at first and then very fast.
And by this conjecture did everyone without an english accent benefit when english economy/currency withdrew as the primary?
When the worlds largest ecomony
( whomever it is) shrinks or devalues, most everyone takes a hit,not just the primary.
Its silly to think if the average usasian becomes less viable,that the average world citizen doesnt also.
Granted over time that can and would correct.
Not intentionally , but they were meant as a "de-dollarization" process of Europe itself :ROFL:
Wasn't the Euro, whether intentional or otherwise, established to 'rival' if not replace the dollar, too?
All government agencies (of all democratic countries) are bankrupt, its in the nature of the beast.The Fed Is Bankrupt....article
All government agencies (of all democratic countries) are bankrupt, its in the nature of the beast.The Fed Is Bankrupt....article
So thats a 1-liner for the entire article thats much trouble about nothing.
All government agencies (of all democratic countries) are bankrupt, its in the nature of the beast.The Fed Is Bankrupt....article
So thats a 1-liner for the entire article thats much trouble about nothing.
MARK i AM NOT A MARKETEER neither a bankster or economist......but those people writing these article must know a lot better about noney markets etc...and know why it happens. All I know,I have a set Pension etc and not spare cash to play in the markets bUt a close relative who is in the London Markets he told me that in March he got £25.000 bonus..........extra from his salary.....and always told me to stay out......not even try.......so...I talk with him but don't join in his dance.
On the other hand if you have free time, read th history of the FED.......you may change your views. JFK decided to take over running the country and made a law for printing $dollars by the state ....and they killed him!
:biggrin: tiphat
Phock so I upgraded my Fidelity app, and added Cryptos to my account and unlike Coinbase whose stock is down 80% whereas Fidelity is a multi Trillion $$$ Mutual Funds etc and discount broker based in Boston that provides ultra secure institutional level custody of stocks and now cryptos BUT they only offer BTC & ETH at the moment and to avoid the IMF UMU and Fed etc CBDCs the smartest privacy folks strongly recc Monero (XMR) ... Looks like I will have to buy USDC on Coinbase xfer to Kucoin... Then buy XMR and xfer XMR to my new cold storage hardware wallet and store that in one of my hidden firesafes ... A pita rigamarole... Beats all my blue Benji's being murdered by inflation and surveillance CBDCs.
Phock so I upgraded my Fidelity app, and added Cryptos to my account and unlike Coinbase whose stock is down 80% whereas Fidelity is a multi Trillion $$$ Mutual Funds etc and discount broker based in Boston that provides ultra secure institutional level custody of stocks and now cryptos BUT they only offer BTC & ETH at the moment and to avoid the IMF UMU and Fed etc CBDCs the smartest privacy folks strongly recc Monero (XMR) ... Looks like I will have to buy USDC on Coinbase xfer to Kucoin... Then buy XMR and xfer XMR to my new cold storage hardware wallet and store that in one of my hidden firesafes ... A pita rigamarole... Beats all my blue Benji's being murdered by inflation and surveillance CBDCs.
and do not forget the 10 day wait to actually transfer any new funds :'(
Cufflinks, losing it's position of primacy will not be, as you correctly pointed out, be the end of the world for the United States. The comparison you made is an imperfect one, but useful.
Just as the UK still has IIRC the 7th largest economy in the world, the United States would still have a very large economy. It would still be a major player on the world stage, just as Great Britain is.
But, the United States would lose the ability to force the rest of the world to pay for it's force projection. Also, the population of the world will cease to subsidise the standard of living of all USAians.
So, just as with the UK, the status of the USA will change. Fewer of you will be able to afford the standard of living you currently enjoy. Poverty will increase even further.
Losing dollar primacy will not mean that the United States pops out of existence. But the effect upon the rest of the world be be the loss of an economic and political dead weight. That's something that will benefit almost everyone without a blue passport.
When I started talking about this perhaps 20 years ago, I expected it to be a process that took a couple of generations. But as others have said in different places and contexts in answer to the question "How did it happen so quickly?"
Slowly at first and then very fast.
Phock so I upgraded my Fidelity app, and added Cryptos to my account and unlike Coinbase whose stock is down 80% whereas Fidelity is a multi Trillion $$$ Mutual Funds etc and discount broker based in Boston that provides ultra secure institutional level custody of stocks and now cryptos BUT they only offer BTC & ETH at the moment and to avoid the IMF UMU and Fed etc CBDCs the smartest privacy folks strongly recc Monero (XMR) ... Looks like I will have to buy USDC on Coinbase xfer to Kucoin... Then buy XMR and xfer XMR to my new cold storage hardware wallet and store that in one of my hidden firesafes ... A pita rigamarole... Beats all my blue Benji's being murdered by inflation and surveillance CBDCs.
and do not forget the 10 day wait to actually transfer any new funds :'(
Good point - I will track and report on the actual # days to xfer funds into Coinbase, Buy USDC, Xfer USDC to KuKoin, Buy XMR on KuKoin and the Xfer fees direct from KuKoin to my still sealed in the Box SecuX V20 Cryptocurrency Hardware Wallet featuring a military grade Secure Element chip to protect your private keys and pin. Features both USB - and - Bluetooth full Airgap connectivity. unlike Trezor and Nano HW cold storage devices this is a Full Color 2.8" Screen supporting over 1,000 cryptos and tokens...
It's happening. :nod:
It's happening. :nod:
I can see quite plainly that you don't understand how quickly or how frequently
China manipulates their currency, or the dangers to others who get sucked in.
[Atlantic Council propaganda goes here]
Parable:
Chinese Python meets Russian Bear as it starts to snow... Russian Bear and Chinese Serpent are now allies so Russian Bear shares it warmth with Chinese Serpent...
Chinese Serpent bides its time and waits for Russian Bear to fall asleep.
When Russian Bear Goes to sleep Chinese Python channels inscrutable Chinese Nature and slowly starts to squeeze life out of the Sleeping Bear claiming it is just sharing warmth.
China has Russia firmly in China's Grasp - Right where China wants it!!!
:eeekk: :king:
Parable:
Chinese Python meets Russian Bear as it starts to snow... Russian Bear and Chinese Serpent are now allies so Russian Bear shares it warmth with Chinese Serpent...
Chinese Serpent bides its time and waits for Russian Bear to fall asleep.
When Russian Bear Goes to sleep Chinese Python channels inscrutable Chinese Nature and slowly starts to squeeze life out of the Sleeping Bear claiming it is just sharing warmth.
China has Russia firmly in China's Grasp - Right where China wants it!!!
:eeekk: :king:
Parable:
Chinese Python meets Russian Bear as it starts to snow... Russian Bear and Chinese Serpent are now allies so Russian Bear shares it warmth with Chinese Serpent...
Chinese Serpent bides its time and waits for Russian Bear to fall asleep.
When Russian Bear Goes to sleep Chinese Python channels inscrutable Chinese Nature and slowly starts to squeeze life out of the Sleeping Bear claiming it is just sharing warmth.
China has Russia firmly in China's Grasp - Right where China wants it!!!
:eeekk: :king:
Good God, I actually agree with you on something.
I suggest you go back to your sick bed and start relaxing your brain because you need a good rest.
Your reference to the Atlantic Council, obviously in your view, it's a non partisan organization that galvanizes US global leadership and helps the USA in it's engagement in partnership with allies and partners.
I suggest your read some foreign publications too apart from your own propaganda.
It's happening. :nod:
I can see quite plainly that you don't understand how quickly or how frequently
China manipulates their currency, or the dangers to others who get sucked in.
[Atlantic Council propaganda goes here]
If what you claim is true, then there would be no incentive to trade in RMB or the
currency of any country that did that.
However, you are also wrong in that the RMB could only be used with trade with China. Let's look at the USD as an example. If I buy goods from China, they sometimes want to be paid in USD. That isn't my currency, and I am a fan of dedollarisation so I tend to resist that, but that isn't the point. That deal would be done in USD between me and the Chinese. A currency that is not a home currency to either of us.
Now ask yourself, what is to stop us from doing that deal in pounds, Euros or Roubles? Nothing. The RMB is being used increasingly in trade with and between other countries, not just China. And that Billy Bob, is part of dedollarisation.
Russia is stuck with many billions of RMB and they can ONLY use it
to trade with China.[/b]
As China is the biggest economy in the world, and the world's factory, that doesn't sond too painful to me.
After all, they're not buying from the US anymore, are they? :)
I appreciate it's hard for you to compute the decline of the dollar and the US as a whole, but it is really gathering pace now.
It'll get you out of Ukraine and keep you away from Taiwan.
China is not the biggest economy in the world. But add up USA close allies on the list and then maybe you can understand the real problem the BRICS nations face. They rely on being an export nations and the big nations that buy stuff on USA allies.When was that, 5 years ago? China is at least at 17 now. USA 21? but if you adjust GDP with PPP numbers, china has long since surpassed USA. (china 27, USA 23). (All 2021 numbers).
(Attachment Link)
Just for markje
If what you claim is true, then there would be no incentive to trade in RMB or the
currency of any country that did that.
However, you are also wrong in that the RMB could only be used with trade with China. Let's look at the USD as an example. If I buy goods from China, they sometimes want to be paid in USD. That isn't my currency, and I am a fan of dedollarisation so I tend to resist that, but that isn't the point. That deal would be done in USD between me and the Chinese. A currency that is not a home currency to either of us.
Now ask yourself, what is to stop us from doing that deal in pounds, Euros or Roubles? Nothing. The RMB is being used increasingly in trade with and between other countries, not just China. And that Billy Bob, is part of dedollarisation.
Russia is ranked 11th biggest economy in the world, ABOVE spain and other "mockery" countries mentioned on this board... of course, 2021 hasn't factored in the war yet, but looks like some people can use a dosage of real-numbers instead of the western-propaganda being spoon-fed to you.
to those who have difficulty reading, i noted that my comparison was imperfect. One reason for its imperfection is that the world has changed. You could read my posts above and over the tears that discuss the reasons why a single, dominant, reserve currency is no longer as important - but yeah reading it can be a bugger.
So, no, not such an issue or reason for smiley faces. However, there were quite a few smiles as the accompanying withdrawal from physical presence and control took place. Something that occurred,in large part, but not solely, due to the inability of Great Britain to afford that presence.
That latter point is, IMHO, concommittent with the loss of the ability to freeride on the coattails of currency hegemony. Something that is far more deeply embedded in the US financial and political system than was the case for sterling in the British case. For example, there was never a petropound or coalpound. There were no Europounds. There was no sterling recycling - the mechanism that underpins the petrodollar and enabled dollar hegemony without any asset backing such as gold.
Parable:
Chinese Python meets Russian Bear as it starts to snow... Russian Bear and Chinese Serpent are now allies so Russian Bear shares it warmth with Chinese Serpent...
Chinese Serpent bides its time and waits for Russian Bear to fall asleep.
When Russian Bear Goes to sleep Chinese Python channels inscrutable Chinese Nature and slowly starts to squeeze life out of the Sleeping Bear claiming it is just sharing warmth.
China has Russia firmly in China's Grasp - Right where China wants it!!!
:eeekk: :king:
Good God, I actually agree with you on something.
Quote from: 2tallbill link=topic=28483.msg546769#msg546769 date=1682685043
[bRussia is stuck with many billions of RMB and they can ONLY use it
to trade with China.[/b]
As China is the biggest economy in the world, and the world's factory, that doesn't sound too painful to me.
After all, they're not buying from the US anymore, are they? :)
I appreciate it's hard for you to compute the decline of the dollar and the US as a whole, but it is really gathering pace now. It's the only way to stop your wars, coups and regime changes: blow the US up with inflation caused by dollars going home rather than bombs. Do you really think Russia and China hadn't planned this? It'll get you out of Ukraine and keep you away from Taiwan.
Parable:
Chinese Python meets Russian Bear as it starts to snow... Russian Bear and Chinese Serpent are now allies so Russian Bear shares it warmth with Chinese Serpent...
Chinese Serpent bides its time and waits for Russian Bear to fall asleep.
When Russian Bear Goes to sleep Chinese Python channels inscrutable Chinese Nature and slowly starts to squeeze life out of the Sleeping Bear claiming it is just sharing warmth.
China has Russia firmly in China's Grasp - Right where China wants it!!!
:eeekk: :king:
Trump told a similar tale about a kind woman and a snake I recall?
AMSTERDAM - The world of gold is in panic. Brazil, Russia, India, China and South-Africa, better known as BRICS , are working on a digital currency fully supported by gold. The countries are buzzing with rumour that the digital BRICS-coin will openly start to challenge the dollar.
Russia Today, which is well connected to the Kremlin announced the rise of this BRICS-coin for countries covering over 3 billion people. The announcement was also immediatly copied by the Russian embassy in Kenia.
All payments of the BRICS country within the union have now started to abolish the dollar internally. The countries will back its gold using the Shanghai International Gold Exchange. It is the only gold market that is secure and big enough outside of western reach. This has been corrobarated by Jan Nieuwenhuijs, an expert in gold- and silver trading. He expects the new coin to be officially launched from 22-24 August 2023 during a top officials meeting in South Africa. Putin is expected to show, despite SA saying they will honor the ICC-warrant against him.
The world gold council has announced that China has acquired 102 metric tons of gold and Russia 21 metric tons of gold. That is a huge pile of gold. Gold is extremely popular in currency-volatile countries due to its stable value. China considers
Nixons move in 1971 a misstake when he decoupled the dollar from Gold and turned on the money presses.
The SMO from Russia in Ukraine has put new momentum in the movement. Everything is advancing much faster than BRICS planned. Many high-value economists are fearing the moves made because it could send the USA in a debt-spiral when the Dollar loses its world-currency status. Henry Kissinger (over 100 years old) even traveled to China, when he never traveled before.
When the BRICS coin is officially announced, also backed by gold , this will put a serious contender for the dollar on the table. Gold has been the reserve-currency for 6000 years before the Dollar took over, any currency backed by gold-standards is to be taken extremely serious.
Its rise is basicly a do-or-die for the dollar. This process will take many decades , but it will be a major shockwave through the world financial markets.
China and Russia both promised the new coin will be available to end-consumers on their smartphones. When that becomes a commodity, the last rites for the dollar in all BRICS-countries can be performed.
Auto-translated by google, bolding by myself.
Americans must say goodbye to highest credit status
by: EDIN MUJAGIĆ
IN FINANCIAL
There are three leading credit rating agencies in the world: Moody's, S&P and Fitch Ratings. This month, Fitch announced that it would downgrade the credit rating of the US from the highest possible score, AAA, to one step lower, AA+. S&P already did that in 2011. Only Moody's can boast the US with the highest score. But whether it will stay that way remains to be seen.
The United States lost top credit rating AAA to Fitch this month. In the long term, this could lead to higher interest rates if the US government wants to borrow money.
Fitch's analysts downgraded the credit rating because they saw a combination of factors that is not exactly rosy. For example, the budget deficit in the US is high, over 6 percent this year, and the deficit is expected to remain high.
Exceptionally high deficit
I sometimes formulate it differently: if, as an American government, you have a deficit of more than 6 percent of GDP, which is exceptionally high by all standards, while the economy is growing, what is the chance that the deficit will be transferred to factory institutions (read, between 1 and about 2 percent of GDP) will return when economic activity slows down? I don't think that's a big chance. When economic growth is slower, automatic effects occur, such as the government receiving less money in taxes but spending more.
In addition to budget deficits and national debt, there is also the problem of governance in the US. The Republicans and Democrats can just about agree that the sun shines outside when the sun shines outside, but that's about it. The country is already difficult to manage and, given the political developments, this will become even more difficult than easier in the coming years.
More circus around raising the debt ceiling
The circus around raising the debt ceiling, as we saw at the end of May and the beginning of June, will be the rule rather than the exception in the coming years. Starting at the end of 2024, because the debt ceiling is suspended until January 1, 2025. Fitch rightly speaks of an 'erosion of governance in the last two decades', which we can interpret as meaning that problems in that area are not incidents of recent years, but have now become a structural development.
In the short term, Fitch's credit rating downgrade will be mostly symbolic. The largest economy on the planet can no longer be found on the most honorable pedestal, something that people in China, among others, will be delighted to see. In the medium term, however, tangible consequences can also be expected, in the form of higher interest rates than if America had kept the top AAA credit rating. Lower creditworthiness means more risk for lenders, who in response ask for a higher interest rate for the extra risk.
By the way, the Netherlands is one of the few countries that still boasts the highest score from all three credit rating agencies.
97.25 ruble to the dollars this morning and Ruble continues free fall trying to finance a war it cannot afford. Down almost 40 per cent since the beginning of the year. :popcorn:
Markje, as far as I know no nation has a higher credit status than the USA. If you know of one or more list them please. It is true the USA has some problems, but it is worse everywhere else.
Markje, as far as I know no nation has a higher credit status than the USA. If you know of one or more list them please. It is true the USA has some problems, but it is worse everywhere else.Do you have a moment?
all USA allies.
It looks to me like Russia is on its way to becoming another Venezuela.
It is just a sign Russia cannot afford to finance the war for much longer. Money is leaving Russia and the government is overspending to pay for the war. Give this another year and it will get interesting.
Russia is now telling conscripts they need to sign contracts or be placed at the most dangerous front-line positions for the last 6 weeks of their conscription. They have a bad manpower shortage and Putin does not feel he can mobilize more troops and still be political popular. The fantasizing is those who thought Russia would win quickly and still think Ukraine has no chance of winning.
Texan, are you a visitor from a parallel universe?
A place where things semm similar but are rather different?
In this universe, it is illegal for Russian conscripts to be deployed outside of Russia unless the country is in a state of war - which it is not.
Please try to align your fantasies with the real world. You might be a visitor from an alternate universe, but now you are here, please try to engage with the current reality.
mhr7, did you see that the article you linked to is approximately 7 years old - based on the date references within the piece?
Please, try to keep up. Or are you now a duffer in the same vein as texan77?
Texan, are you a visitor from a parallel universe?
A place where things semm similar but are rather different?
In this universe, it is illegal for Russian conscripts to be deployed outside of Russia unless the country is in a state of war - which it is not.
Please try to align your fantasies with the real world. You might be a visitor from an alternate universe, but now you are here, please try to engage with the current reality.
It is just a sign Russia cannot afford to finance the war for much longer. Money is leaving Russia and the government is overspending to pay for the war. Give this another year and it will get interesting.
Russia is now telling conscripts they need to sign contracts or be placed at the most dangerous front-line positions for the last 6 weeks of their conscription. They have a bad manpower shortage and Putin does not feel he can mobilize more troops and still be political popular. The fantasizing is those who thought Russia would win quickly and still think Ukraine has no chance of winning.
inflation which is thought to be at 60 per cent per year not the government claimed rate of 4 per cent.
https://www.rt.com/russia/579897-europes-black-hole-ukraine/
Here is an economist that makes sense. He talks about how the nations of the world are accelerating their ditching of the dollar. Although a couple years ago people were still poopooing the idea that the dollar would be losing status rapidly, that seems to be the case now and many people are no longer disputing it. Weaponizing the dollar was a serious miscalculation same as sanctions have been. It seems that the 70 years party is coming to a close...for my own benefit I wish it would last another 10.
A year or year and half ago good old Andrewfi mentioned all the dollars repatriating back home would cause inflation, perhaps that is already starting. I see gas is up to $7.29 a gallon today at some local stations. Even my economy station is up to $5.79 a gallon.
(https://www.youtube.com/watch?v=Eb0aWUCLZlM) [/url]
I sense real danger with our precarious economic position at the moment. Seems things are soon to take a turn for the worse. How is our government going to keep the 33.15 trillion dollar debt under control when interest rates keep rising like they are? I don't think the previous models (That were already grim) have taken into account a rise like this in interest rates. Interest on debt wasn't insignificant at 1-2% but now it is near 5%, and no telling where it stops. How do we fund ourselves, let alone try to pump 100-200 billion into Ukraine? I wonder if part of Russia's plan was to mire us in Ukraine and bleed us dry. How have we been suckered into paying for Ukrainian pensions and salaries?Here is an economist that makes sense. He talks about how the nations of the world are accelerating their ditching of the dollar. Although a couple years ago people were still poopooing the idea that the dollar would be losing status rapidly, that seems to be the case now and many people are no longer disputing it. Weaponizing the dollar was a serious miscalculation same as sanctions have been. It seems that the 70 years party is coming to a close...for my own benefit I wish it would last another 10.
A year or year and half ago good old Andrewfi mentioned all the dollars repatriating back home would cause inflation, perhaps that is already starting. I see gas is up to $7.29 a gallon today at some local stations. Even my economy station is up to $5.79 a gallon.
(https://www.youtube.com/watch?v=Eb0aWUCLZlM) [/url]
Gas here $3.08 maybe you should move to texas.
I sense real danger with our precarious economic position at the moment. Seems things are soon to take a turn for the worse. How is our government going to keep the 33.15 trillion dollar debt under control when interest rates keep rising like they are? I don't think the previous models (That were already grim) have taken into account a rise like this in interest rates. Interest on debt wasn't insignificant at 1-2% but now it is near 5%, and no telling where it stops. How do we fund ourselves, let alone try to pump 100-200 billion into Ukraine? I wonder if part of Russia's plan was to mire us in Ukraine and bleed us dry. How have we been suckered into paying for Ukrainian pensions and salaries?Here is an economist that makes sense. He talks about how the nations of the world are accelerating their ditching of the dollar. Although a couple years ago people were still poopooing the idea that the dollar would be losing status rapidly, that seems to be the case now and many people are no longer disputing it. Weaponizing the dollar was a serious miscalculation same as sanctions have been. It seems that the 70 years party is coming to a close...for my own benefit I wish it would last another 10.
A year or year and half ago good old Andrewfi mentioned all the dollars repatriating back home would cause inflation, perhaps that is already starting. I see gas is up to $7.29 a gallon today at some local stations. Even my economy station is up to $5.79 a gallon.
(https://www.youtube.com/watch?v=Eb0aWUCLZlM) [/url]
Gas here $3.08 maybe you should move to texas.
Jonas!
As the war continues over the next few years, I think the Western nations (Especially the US) are going to wind up regretting forcing Russia's hand like this. I've always felt that Russia would go 'all in' in the case of Ukraine and they are showing all signs that they indeed will Now we have massive inflation, nations dumping the dollar at a highly accelerated rate, many nations giving strong hints they are siding against us, BRICS nations doubling in their numbers. We went too far this time and picked the wrong battle. Meanwhile China has continued to eat away at US market share everywhere. If we were going to borrow 100-200 billion for something it should have been something here at home. Paying the salary of Ukraine's workforce is an outrage (To me), especially considering what poor financial shape we are in. I think China suspects we are going to eventually default on a lot of our debts as they continue to pull money out of our system as their bonds mature. Trying to weaponize the dollar is making a lot of nations look elsewhere.I sense real danger with our precarious economic position at the moment. Seems things are soon to take a turn for the worse. How is our government going to keep the 33.15 trillion dollar debt under control when interest rates keep rising like they are? I don't think the previous models (That were already grim) have taken into account a rise like this in interest rates. Interest on debt wasn't insignificant at 1-2% but now it is near 5%, and no telling where it stops. How do we fund ourselves, let alone try to pump 100-200 billion into Ukraine? I wonder if part of Russia's plan was to mire us in Ukraine and bleed us dry. How have we been suckered into paying for Ukrainian pensions and salaries?Here is an economist that makes sense. He talks about how the nations of the world are accelerating their ditching of the dollar. Although a couple years ago people were still poopooing the idea that the dollar would be losing status rapidly, that seems to be the case now and many people are no longer disputing it. Weaponizing the dollar was a serious miscalculation same as sanctions have been. It seems that the 70 years party is coming to a close...for my own benefit I wish it would last another 10.
A year or year and half ago good old Andrewfi mentioned all the dollars repatriating back home would cause inflation, perhaps that is already starting. I see gas is up to $7.29 a gallon today at some local stations. Even my economy station is up to $5.79 a gallon.
(https://www.youtube.com/watch?v=Eb0aWUCLZlM) [/url]
Gas here $3.08 maybe you should move to texas.
Jonas!
We haven't been suckered in it's part of the aid to Ukraine to pay the salaries of police, fire and other necessary workers. I don't think it makes up a huge amount. Ukraine's money has gone into the war. I support it but I have a strong interest in Ukraine.
Seems things are soon to take a turn for the worse. How is our government going to keep the 33.15 trillion dollar debt under control when interest rates keep rising like they are?
I'm not entirely sure what is going on, but suddenly the debt clock shows an additional 30 billion today. so now debt at 33.475 trillion today.
Seems things are soon to take a turn for the worse. How is our government going to keep the 33.15 trillion dollar debt under control when interest rates keep rising like they are?
Well earlier today it was 33.15 trillion. A few hours later it has miraculously rocketed up another 300 billion so according to the debt clock it is now around 33.45 trillion.
Jonas!
Yellen admits that sanctions have backfired and that there will be a gradual decline of the US dollar as the reserve currency.Dedollarization may be gradual, but it seems to be snowballing. Oddly the dollar is very strong right now against many currencies.
Also, as dollars are exchanged for dollar denominated assets, expect more instances of pushback against such purchases (real estate, businesses, artworks) in the USA.Can you explain this a little more please? Pushback from whom?
Also, as dollars are exchanged for dollar denominated assets, expect more instances of pushback against such purchases (real estate, businesses, artworks) in the USA.Can you explain this a little more please? Pushback from whom?
According to the US national treasury department, US debt has grown by over $275 billion in a single day, spiralling out of control to $33.4 trillion. That single day debt is greater than Russia's entire national debt and almost as big as their annual budget.
I can see a collapse looming and I'm more than concerned as to what that will mean for the average world citizen. If you guys fall then we'll likely fall too but also, global stability. The US won't collapse peacefully.
Interestingly[TikTok labeled this video as sensitive content.
https://www.tiktok.com/@top.best/video/7287044444287749381?is_from_webapp=1&sender_device=pc&web_id=7268972199947126304
According to the US national treasury department, US debt has grown by over $275 billion in a single day, spiralling out of control to $33.4 trillion. That single day debt is greater than Russia's entire national debt and almost as big as their annual budget.33.5 trillion now Today it randomly spiked up another 25 billion. I read that Biden is trying for another huge Ukrainian package of 100 billion or more.
Thanks for elaborating. I had never heard the word "Mardy" before. Maybe that is used a lot in England. Very true though, lots of complaints about the Chinese owning this or that.Also, as dollars are exchanged for dollar denominated assets, expect more instances of pushback against such purchases (real estate, businesses, artworks) in the USA.Can you explain this a little more please? Pushback from whom?
USAians tend to get a bit mardy when 'foreigners' start owning too much of the preciouses that are by right USAian. It has happened before with Saudi Arabians, Chinese and Japanese when it was, for various reasons inexpensive for them to buy US assets in a fairly visible manner - the reason I gave examples of the asset classes that gained attention in the past.
But USAians will get miffed when they see well-known businesses or buildings falling into the hands of the dirty foreigner. Windows will get broken, laws will be passed - just as happened though my lifetime.
Both the Chinese and the Russian currency will decline faster than the dollar which is a trend that has been in place for a long time and set to continue at even a faster pace in the future.
Both the Chinese and the Russian currency will decline faster than the dollar which is a trend that has been in place for a long time and set to continue at even a faster pace in the future.
Can you provide any links for this assumption?
All the problems the USA has China has an even worse problem. Retirement, debt, spending vs income. Note graph the Chinese currency losing value over the last ten years and now setting new lows against the dollar.
All the problems the USA has China has an even worse problem. Retirement, debt, spending vs income. Note graph the Chinese currency losing value over the last ten years and now setting new lows against the dollar.
(Attachment Link)