global mutiny against the dollar
44 countries stand AGAINST #FascistAmeriKKKa & look to dump the dollar
#politics #GreedyBastards #DeDollarization #Dollar #GlobalFinances #BRICSalliance #ForeignPolicy https://watcher.guru/news/brics-expansion-44-countries-ready-to-join-alliance-in-2025
Craig Murray: Trump, Tariffs & Trade
https://consortiumnews.com/2025/04/15/craig-murray-trump-tariffs-trade/
There is no danger of the U.S. being unable to finance trillion-dollar trade deficits in the next few years. But for how long? By Craig Murray CraigMurray.org.uk There is a giant problem that commentators are ignoring. The United States’ trade…
#Politics #Brics #China #Commentary #Economy #TrumpAdministration #U.s. #BrettonWoodsSystem #CraigMurray #Currency #DeDollarization #DevelopmentBank #DevelopmentFinance #Manufacturing #PresidentDonaldTrump #U.s.FederalReserve #U.s.TradeDeficit
And no, #Trump|s #regime will #speedrun the #dedollarization of #WorldTrade in favour of the #Euro, because noone wants to deal with a regime that essentially devalued the #USD by 5,6% in the last 3 months, 2,4% in the last month alone compared to the #EUR!
It'll make the #USA more irrelevant and hopefully that'll be the end of it, with it ceasing to exist and it's remains being absorbed by #Mexico and #Canada along the former #SlaveryBelt!
Hopefully people will not require 8,5 years to grow a spine to get rid of #AgentKrasnov in time!
BRICS PAY
｢ BRICS PAY will feature a decentralized Cross-border messaging system (DCMS), developed by scientists of the Center of Saint-Petersburg State University of Russia. DCMS operates, transparently, without any central owner or hub. Participants manage their own nodes, allegedly making the system resistant to external abuse, control or interference ｣
Don't mess with #Canada and #Mexico. #Trump's tariffs are not just pushing our relation with our closest allies to the brink of a cliff which will only speed up the growth of #BRICS and the process of #dedollarization.
The existence of BRICS is for #China to secure its source of natural resources and reduce its reliance on USD. Besides Brazil, China will obtain more food and other resources from Canada and Mexico. Donald Trump and his advisors' IQ cannot be very high.
https://www.cbc.ca/news/politics/trudeau-very-strong-response-1.7437032
#Russia's invasion of #Ukraine, #Israel's #genocide in #Gaza, and #Trump's childish foreign economic policies have sped up the process of #dedollarization and the growth of BRICS future membership list tremendously in just one year. The GDP (PPP) of BRICS members (excluding "partner s") had surpassed that of NATO. If one includes new partner countries that may join as formal BRICS members, the GDP (PPP) of BRICS will be double that of NATO members in less than 10 years.
> The one thing you can be quite sure of is if we went into some very major war, the value of #money would go down, That's happened in virtually every #war that I'm aware of. So the last thing you'd want to do is hold money during a war.
~ Jamie Dimon, CEO of JP Morgan Chase, potential Harris administration Treasury Secretary
> The factors that support #USdollar dominance remain well-entrenched, and meaningful #dedollarization will likely take decades
https://watcher.guru/news/brics-jp-morgan-predicts-the-future-of-the-us-dollar
> #BRICSPay leverages #digitalWallet technology, QR code-based payments and interoperability frameworks that allow users to link directly with their local banks.
https://cointelegraph.com/explained/what-is-brics-pay-and-why-does-it-matter
> #Russia’s plans to construct #Bitcoin mining and #AI computing facilities in #BRICS nations could inspire other nations to tap into state-owned resources to mine Bitcoin, says an industry analyst.
https://cointelegraph.com/news/russia-brics-bitcoin-ai-play-kickstart-game-theory
The US is now arguing that reducing dependence on the US dollar and the SWIFT payment system is a threat to democracy. Yet, the very idea of countries having to rely on American approval contradicts fundamental principles of self-governance, a cornerstone of liberal ideology. 
> #Russia announced their wealth fund is going to invest in a regional fund to build #BitcoinMining throughout #BRICS with an idea of settling #globalTrade in #Bitcoin.
https://bitcoinist.com/brics-nations-adopt-bitcoin-global-trade-vaneck/
> The expanded #BRICS is indeed a diverse bunch. It includes a Marxist-Leninist superpower and a revanchist authoritarian state. It includes the world’s biggest democracy as well as Latin America’s largest. New members include countries under the U.S. security umbrella and countries under U.S. sanctions. Prospective members could even include NATO countries such as Turkey and global pariahs such as North Korea and Syria.
https://foreignpolicy.com/2024/10/21/brics-russia-china-kazan-summit-west-dollar/
> The strategy of sidelining the #USdollar and conducting international #trade in national #currencies is going smoothly for the #BRICS block.
> The block highlighted the importance of a shift to a national currency-based trade in 2023, including a pledge to increase their use
> JPMorgan CEO #JamieDimon, who recently warned of a US economic crisis amid geopolitical challengers in the form of the #BRICS bloc. Specifically, Dimon recently said he would not rule out #stagflation to hit the United States. Moreover, he noted the fate to be far worse than a #recession.
https://watcher.guru/news/jpmorgan-ceo-warns-of-us-economic-crisis-as-brics-power-grows
> Now, as fears swirl the #USdollar is on "the verge of a total collapse," the world's largest asset manager #BlackRock has warned of "growing concerns" around the spiraling $35 trillion #US #debt pile that's predicted to drive "institutional interest in #bitcoin."
> #Turkey has decided to officially bid to join #BRICS, a grouping of some of the world's emerging economies, originally comprised of #Brazil, #Russia, #India, #China and #SouthAfrica
https://www.dw.com/en/will-turkeys-bid-to-join-brics-speed-up-eu-accession/a-70208316
