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De-dollarization and Brics currency rise.


               
2023 Feb 21, 12:53pm   26,186 views  256 comments

by indc   follow (0)  

https://www.youtube.com/watch?v=XGd-DvuEPfU

This is a 1hr video, but very good explanation of coming de-dollarization. Take sometime to listen to it.

I dont agree 100% with the points in the video but would like any financial experts thoughts about it.

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245   Onvacation   2024 Nov 28, 8:32am  

AD says

My guess is the US federal government remains solvent by eventually reducing Social Security payments to "rich and well-off senior citizens", as part of some means test.

As it should be.

They should also means test all of the young people on SS disability. They're a lot of able bodied people that get SSDI. Social Security and welfare office's main purpose is to pay administrators and perpetuate poverty.
247   MolotovCocktail   2024 Dec 2, 7:38pm  

Wow! Bitcoin props up USTs and also the dollar. Amazing.


248   MolotovCocktail   2024 Dec 16, 4:20pm  

Chinese 10 yr bond:


252   FreeAmericanDOP   2025 Jan 30, 6:40pm  

BRICS countries on notice.

Keep pushing for some alt currency or dedollarized trading scheme and you will lose access to 1/4 of the world's market overnight.

Proceed at your peril


The "C" stands for CHYna. Not that India would ever seriously finalize such a deal out of their own understanding of geopolitical reality.
254   MolotovCocktail   2025 Nov 6, 2:02pm  

WTF @indc ?

So much for BRICS 'de-dollarization'.



https://www.zerohedge.com/markets/china-sees-massive-demand-usd-bond-issuance-priced-line-usts

The 'B' must stand for Bullshit.
255   RWSGFY   2025 Nov 6, 4:43pm  

MolotovCocktail says

WTF indc ?

So much for BRICS 'de-dollarization'.



https://www.zerohedge.com/markets/china-sees-massive-demand-usd-bond-issuance-priced-line-usts

The 'B' must stand for Bullshit.


Noooooooo!

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