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The Cold War heats up as the BRICS conference goes on. Russia proposed the idea of a commodity-based currency for Brazil, Russia, India, China and South Africa. Would this crush the U.S. dollar as the world’s default currency? #putin
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The media in Australia said Putin was sick and dying … good to see him alive and in good health. Goodonya mate.
Consequences of a weaponized dollar.
Russian Dept … $280 billion … absolutely nothing.
Russia's debt to GDP is 17%
At 3:40. Yes I know.
Russia's debt to GDP ratio is 19%
USA's debt to GDP ratio is 125%.
Biden is nothing more than a puppet for the WEF adgenda. Why else would a geriatric senile idiot have been placed in charge of the Western world.
It's about time. BRICKS needs to develop their own business. Adelante. Mexico is on the right side.
BRICS will be the place to invest. Buy their currency. They will have the first crypto in the world that is actually based on something real, being underpinned by the GDP of BRICS countries.
This will be a game changer for crypto.
BRICS are falling on the head of the WEST..
Mr Clinton transferred the Gold from Fort Knox to The United States Military Academy at Westpoint during his regime so the destination of the Gold is unsure.
Meanwhile here in the UK and Europe our central banks are making the Feral Reserve restrained.We also offer interest of negative interest rates on our European Bonds to the tune of $15Trillions (with a T) and have granted "loans" to crony companies throughout Europe who are effective Zombies.
Correct me if I'm wrong, but as far as I know, Russian rubble is based on gold.
Prior to the economic sanctions the ultimate goal of Putin was to beat the Kondratiev wave that will lead to the economic collapse of Russia inevitably!
The last 3 yrs have have really shown how America has been an empire of lies. Extremely SAD. Whaaaaaaat a move by BRIC, could that be the thing that triggers America to go back on a Gold Standard 🤔
in reality G7 stands for most indebpted countries in world
The Russian and the Chinese, together, are way more informed about economics, than all the west Harvard, Yale and Oxford degree-holders, Nobel laureates in economics…
With Trudeau, Canada is doing exact same as Biden. The west is falling fast.
US dollar must be forgo or else every country will be beholden by the US. US is behaving like a mafia and thus everyone is in danger until US dollar is not being used.
0.18% a gallon……..haha
Russia has no dept
The sanction game was overplayed, by the USA, that is the main reason countries are moving away from the USD……reverse now, if you still can…fear of being sanctioned, and who can blame them…
Your government spent that gold along time ago!
Goodbye USD.
What a lovly change for our future independance
The United States has a currency backed by its military prowess, and nothing else
Sounds like SDRs. (Special Drawing Rights). A similar banking finagle. Gold and silver are the best. Commodities also work but are hard to define and measure but are more "durable" than any fiat currency.
Good to note that the world is waking up & presenting & creating Global Systems that have been corrupted by the US Dollar & US Hegemonic Power that it provides, without a backlash, for actions of that Nation. The rise of Asia as the future World Power Hub is now beyond any doubt .
Dont forget US stole or ‘’ sanctioned ‘’ $ 400 billions
this channel is great
Keep it up with giving us the TRUTH
We definitely have our problems in South Africa but one thing is certain, we are tired of the US interference agenda in our policy making. We are also tired of foreign NATO country companies raping our natural resources while at the same time disrespecting us on the world political and financial stage.
Sorry , but I agree completely with the BRICS countries, not the paper or digital garbage they are trying to roll out.
America still thinks they own the planet, and can dictate to it. lolololol
America is going to hell, as is every country that has hitched their wagons to them in record speed.
Oh what a tangled web they weave, when they’ve first practiced to deceive.
Their deception’s are coming to light
In 2020 it was 280ish billion.
Nonsense.
The dollar is just 1 of four reserve currencies.
The Dollar, the Pound, the Euro, and the Yuan. The Dollar is used for 75% of transactions.
Lift sanctions.
Trash Biden
Florida Governor DeSantis
Start drilling
Russia s debt according to the debt clock 293 billion. Australia 692 billion. Canada 1.4 trillion. …
Putin's speech was pretty straight forward. They want out of the West and are looking for bilateral trading partners east
If they re-made the Bond movie Goldfinger, the Fort Knox scene would be an empty echo chamber.
Keep up the good journalism,
Could we rename you Mainstream NEWS, based on: truth, facts, common sense, and no propaganda
Russia's is offically reported as having a debt-to-GDP ratio of 17% by the IMF. at the same time the US has a Ratio of 123.6%