Ibime:


Here is something you don't understand

Dollar as a percentage of countries foreign reserves has been declining since 2000 with the introduction of the Euro currency, but countries foreign reserves are increasing exponentially so in actual terms. dollar holdings are rising

The Euro was supposed to be the dollar killer. It took marketshare but the overall dollar holdings increased

Countries that used to have $50bln in reserves are having $300bln plus now

50% of $300bln is better than 80% of $50bln

The Euro chopped the 30% but overall dollar demand is rising amongst countries, not to talk of the common man across the world who always holds dollar. How many Nigerians were holding dollar in 2000 compared to now? Even 90% of the Putards on this thread have held or used dollar, something the average Nigerian didn't do 20 years ago.


Not to mention Financial institutions. BlackRock alone has more dollar denominated assets under management than all countries in the worlds reserves put together. Just dey play with your caveman analysis from Putins desk

Your jingoistic analytical underplay vis-a-vis the US dollar and the harsh realities of the current global economy intertwined in US geopolitical bullying is not only self-glorifying but pathetically myopic.

Now, take a gad damn seat, grab a world map, list out the countries in it, and divide them into developed and developing nations. Done?

Now, ask yourself, among the developing nations of the world, how many of them have recorded growth in their foreign reserves for the last decade, particularly since COVID-19, Let alone "exponential growth? Let me help you... 75% of all the developing nations of the world have experienced a decline in their foreign reserves for the past years. This is unprecedented because you have more nations in the "developing class" than you have in the "developed class."

Now. Among the developed nations, how many of them have seen a huge rise in their share of US dollars in their foreign reserves? How many of them hold the dollar as a percentage of their foreign reserves account than their own national or regional currency as in the case of the Euro? Even among the developed nations, many are looking for ways to cut down dependence on the US dollar.

Contrary to what you want to believe, those central banks whose foreign exchange reserve has increased for the past 20 years, their percentage in US dollars has dropped significantly from 70% to 60 between 2000 to 2022.


The threat to the US dollar as a base currency is real. No thanks to the US government weaponizing it as a geopolitical and economic weapon to inflict pain on perceived adversaries. This has set alarm bells ringing across the world, particularly in the wake of the Ukrainian crisis. Nations that were in the past merely considering looking for alternatives to the dollar have been given an excuse to take actionable steps in that direction. For instance, for the first time since the Brenton Woods arrangement, Saudi Arabia and the UAE settled oil trades in currencies other than the US dollar. The emergence of BRICS has added more fuel to the already heating fire.

Guy, there is a reason why the potential incoming Donald Trump's economic team is now considering ways to stop nations from moving away from the US dollar. Even recently, Biden's economic officials decry the threat facing the US dollar. And it's rightly so.

This excerpt said it all...

"The US economy’s share in the world’s output is falling as emerging economies, especially China, continue to outgrow the US and its Western partners. China, the US’s biggest economic competitor, is now the main trading partner to more than 120 countries, with exports amounting to more than US$3.6 trillion (£2.8 billion). This risks leaving the US behind in the race for global trade dominance.

Over the last 20 years, China’s share of the global economy has more than doubled from 8.9% to 18.5% while the US’s share declined from 20.1% to 15.5% in purchasing power parity terms (which compares prices of specific goods to determine currency purchasing power).

Last year, the BRICS economies (fast-growth developing countries Brazil, Russia, India, China, and South Africa) overtook those of the G7 (developed economies US, Canada, UK, Germany, France, Italy, Japan, and Germany) based on their share of world GDP in purchasing power parity terms. "

With more nations poised to join the BRICS, and with a new currency set to debut possibly next year when the next BRICS summit is held in Brazil coming year, the dollar's decline is set to continue.

No one is saying that the dollar will lose its supremacy tomorrow. It would take one or two decades for that to happen. However, the path has been laid, and from all indications, there is no going back.

Appleyard:


Your jingoistic analytical underplay vis-a-vis the US dollar and the harsh realities of the current global economy intertwined in US geopolitical bullying is not only self-glorifying but pathetically myopic.

Now, take a gad damn seat, grab a world map, list out the countries in it, and divide them into developed and developing nations. Done?

Now, ask yourself, among the developing nations of the world, how many of them have recorded growth in their foreign reserves for the last decade, particularly since COVID-19, Let alone "exponential growth? Let me help you... 75% of all the developing nations of the world have experienced a decline in their foreign reserves for the past years. This is unprecedented because you have more nations in the "developing class" than you have in the "developed class."

Now. Among the developed nations, how many of them have seen a huge rise in their share of US dollars in their foreign reserves? How many of them hold the dollar as a percentage of their foreign reserves account than their own national or regional currency as in the case of the Euro? Even among the developed nations, many are looking for ways to cut down dependence on the US dollar.

Contrary to what you want to believe, those central banks whose foreign exchange reserve has increased for the past 20 years, their percentage in US dollars has dropped significantly from 70% to 60 between 2000 to 2022.


The threat to the US dollar as a base currency is real. No thanks to the US government weaponizing it as a geopolitical and economic weapon to inflict pain on perceived adversaries. This has set alarm bells ringing across the world, particularly in the wake of the Ukrainian crisis. Nations that were in the past merely considering looking for alternatives to the dollar have been given an excuse to take actionable steps in that direction. For instance, for the first time since the Brenton Woods arrangement, Saudi Arabia and the UAE settled oil trades in currencies other than the US dollar. The emergence of BRICS has added more fuel to the already heating fire.

Guy, there is a reason why the potential incoming Donald Trump's economic team is now considering ways to stop nations from moving away from the US dollar. Even recently, Biden's economic officials decry the threat facing the US dollar. And it's rightly so.

This excerpt said it all...

"The US economy’s share in the world’s output is falling as emerging economies, especially China, continue to outgrow the US and its Western partners. China, the US’s biggest economic competitor, is now the main trading partner to more than 120 countries, with exports amounting to more than US$3.6 trillion (£2.8 billion). This risks leaving the US behind in the race for global trade dominance.

Over the last 20 years, China’s share of the global economy has more than doubled from 8.9% to 18.5% while the US’s share declined from 20.1% to 15.5% in purchasing power parity terms (which compares prices of specific goods to determine currency purchasing power).

Last year, the BRICS economies (fast-growth developing countries Brazil, Russia, India, China, and South Africa) overtook those of the G7 (developed economies US, Canada, UK, Germany, France, Italy, Japan, and Germany) based on their share of world GDP in purchasing power parity terms. "

With more nations poised to join the BRICS, and with a new currency set to debut possibly next year when the next BRICS summit is held in Brazil coming year, the dollar's decline is set to continue.

No one is saying that the dollar will lose its supremacy tomorrow. It would take one or two decades for that to happen. However, the path has been laid, and from all indications, there is no going back.

Come back in 2 decades if you are still alive

I just told you BlackRock alone has more Assets Under Management than all countries reserves combined, with jara left, you still dey do caveman analysis, counting billions in foreign reserves when people are holding trillions in dollar denominated assets

Your father never used dollar 20 years ago, today you use dollar in various forms from paying for courses to crypto.

DystopianMuse:
.

homelessness has always been most prevalent in Africa not america ma.. everyone knows. The list you are display shows the number of homeless per 10k in a country. I'm not sure but I think Nigeria should have the most homeless people.

WrriterNg:
⚡French President Emmanuel Macron believes that Europe has a large number of external and internal enemies and “may die.”

"We have never had so many external and internal enemies. I really believe that our Europe can die."

Whatever was built on stolen wealth shouldn't last.

Europe was built by wealth stolen from other continents, especially Africa.

Without the wealth of these continents, Europe would have remained a badland.

WrriterNg:
⚡Meanwhile, in the shopping center "Epicenter" in Kharkov, that Russia hit it with a missile today, something keeps exploding.

Western-supplied ammunition and equipment stored in the halls exploding and burning.

Now I understand.

Ukraine keeps using civilian infrastructure as military bases and warehouses.

Using civilians as pawns.

What a cruel government.

OkpaNsukkaisBae:




Lowlife scammer... Nobody is deceived here.

Oga leave that boy... Abeg.

nigeriansamurai:

Oga leave that boy... Abeg.

nigeriansamurai:

I've noticed that most of these EU/NATO/Western backed regimes don't have the support of their people and even their cabinets. They act more like NATO/US supporters rather than sovereign vassals. Take a look at what is happening in Japan, Germany, Poland, Slovak, Taiwan... the list is long even France.

What are you writing sir?

Japan prime minister was elected,
Taiwan president was elected
Poland too
France president too was elected.
Was it the USA/NATO that elected this leader's

But we can't say that for Russian allies
The Belarus short man wasn't elected by the people
China president wasn't elected by the people.
The Iranian supreme leader wasn't elected by the people.
NK too.


What your point sir

obedience4:



What are you writing sir?

Japan prime minister was elected,
Taiwan president was elected
Poland too
France president to was elected.
Was it the USA/NATO that elected this leader's

But we can't say that for Russian allies
The Belarus short man wasn't elected by the people
China president wasn't elected by the people.
The Iranian supreme leader wasn't elected by the people.


What your point sir

Lol this one is not following the News...
Wait first! I thought you said, I shouldn't engage you anymore?🙂🙂🙂...

obedience4:



What are you writing sir?

Japan prime minister was elected,
Taiwan president was elected
Poland too
France president too was elected.
Was it the USA/NATO that elected this leader's

But we can't say that for Russian allies
The Belarus short man wasn't elected by the people
China president wasn't elected by the people.
The Iranian supreme leader wasn't elected by the people.
NK too.


What your point sir

The point is that SCAMerica's collapse is irreversible.
lgbtqPEDO degenerates are doomed 💯

That's the point

nigeriansamurai:

Lol this one is not following the News...
Wait first! I thought you said, I shouldn't engage you anymore?🙂🙂🙂...

Which news Mr man
Countries whose leader's are product of the people choice,

Also, shouldn't you be practising with your katana, the Nigeria army would need all the help it can get

Bossly:


The point is that SCAMerica's collapse is irreversible.
lgbtqPEDO degenerates are doomed 💯

That's the point

Who are you?

obedience4:



What are you writing sir?

Japan prime minister was elected,
Taiwan president was elected
Poland too
France president too was elected.
Was it the USA/NATO that elected this leader's

But we can't say that for Russian allies
The Belarus short man wasn't elected by the people
China president wasn't elected by the people.
The Iranian supreme leader wasn't elected by the people.
NK too.


What your point sir

Mugu, Japan remains a US vassal till 2moro.
US terrorists conquered them after obliterating Hiroshima and Nagasaki...

Gringolandia's collapse is unfolding before ur very eyes.

You & your lgbtPEDO comrades are doomed 💯

obedience4:



Who are you?

Bossly:


Mugu, Japan remains a US vassal till 2moro.
US terrorists conquered them after obliterating Hiroshima and Nagasaki...

So having close diplomatic and military relationship with a country means you now a vassal.

Is Russia now a vassal to China?

Gringolandia's collapse cannot be reversed.
Your phaggotry stands no chance.

NEVER AGAIN will UTTERLY USELESS degenerates dictate to sane climes.

obedience4:


So having close diplomatic and military relationship with a country means you now a vassal.

Is Russia now a vassal to China?

It feels so satisfying watching the collapse of these Washington based terrorists. 😋

Demonic SCAMerican degenerates are doomed 💯

obedience4:


So having close diplomatic and military relationship with a country means you now a vassal.

Is Russia now a vassal to China?

obedience4:


So having close diplomatic and military relationship with a country means you now a vassal.

Is Russia now a vassal to China?

zio-western terrorists are biting the dust around the globe.
Their demonic propaganda has failed.
The Hiroshima/Nagasaki treatment awaits them if their foolishness stretches beyond limit.

UTTERLY USELESS cretins. 🤮

WrriterNg:
⚡Baltic countries and Poland will send troops to Ukraine if Russia achieves serious successes on the eastern front, Der Spiegel reports.

According to Spiegel, German parliamentarians were informed about this by their Baltic colleagues.

France said this before that if russia enters Kharkiv that they will come fight

Now they run away

So this one's are just in a pipe dream.

WrriterNg:
⚡COSTUME REGATTA IN MOSCOW

Moscow's Yakimanskaya Embankment turned into a scene straight out of a movie, hosting a colorful regatta.

600 participants dressed as mermaids, witches, aliens, princes, and superheroes.

Send this ones to the front lines this are the things we despise from the western world.

WrriterNg:
⚡Meanwhile, in the shopping center "Epicenter" in Kharkov, that Russia hit it with a missile today, something keeps exploding.

Western-supplied ammunition and equipment stored in the halls exploding and burning.

No wonder there was no report of any civilian killed their because it's an ammunition warehouse

Kingsnairaland:


Send this ones to the front lines this are the things we despise from the western world.

Islam 🤢🤢🤢