Showing posts with label de-dollarisation. Show all posts
Showing posts with label de-dollarisation. Show all posts

Monday 11 September 2023

BRICS.


         What can you do when a bunch of very rich psychopaths armed to the teeth with nuclear weapons feel their power is slipping out of their hands? That is the situation with the US dollar, the dominance of the dollar as a reserves currency is what makes America rich and powerful, and that power is now threatened so should we be concerned? The U$A sees any economic state or group that is growing in strength as a threat and must be stifled at all costs. China and Russia are seen as a real threat to the dollar dominance, hence U$A's hostility to both these nations. America has 750 military bases around the world and is building more to encircle China, why? There is nothing humanitarian in this build up of overseas military bases, nor is it defensive. They are there to crush China should the dollar start to lose it power. 
 
        That dollar decline s now rapidly increasing as more economies decide to join 
hands and trade in their own currency, with the birth of the BRICS, an economic block that is determined to end their dependency on the dollar. A major event in this de-dollarisation was a recent deal between India and Abu Dhabi, where Indian Oil Corp bought one million barrels of oil from Abu Dhabi National Oil Company and paid for it in rupees, a real slap in the face of the dollar empire. Also India has purchased 25 kg of gold from UAE and paid for it with 128.4 million rupees.
      The BRICS is no small fry player in the world's economy it now controls a majority of the world’s energy supplies, and some 37 percent of global GDP, more than the US-led G7. Making opportunities to trade in currencies other than the dollar that much easier. According to the World Bank report China, a leading member in the the BRTICS, average contribution rate to the world economic growth is now at 38.6% 
 
 
         The growth of the BRICS economies will create a decline in the value of the dollar and therefore a decline in the U$A's wealth and power, and its ability to dominate and control other countries.
         There lies the danger, America is armed to the teeth with nuclear weaponry has 750 military bases around the world, will the psychopaths that grow fat and powerful on the dollar simple watch it decline, or will they carry out their insane plans to destroy China and Russia in an attempt to hold onto that dollar dominance. Such a scenario is world destruction on a scale of unimaginable horror and devastation. There will be no knight in shining armour to come to our rescue, it will be up to us, the people to stop this insanity being forced on us by the rich and powerful parasite class.

 
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