₦airaland Forum

Asour:
We are not talking about moon landing here.

Why do most countries hold their reserves in $?

You're still dodging the question here? Why the $? Not any other?

I suppose 1 country oppressed & forced the whole 180+ countries to abide by your Breton woods.

The decision to hold reserve in dollar was a fraudulent scheme hatched by the west. It was about the end of WW2 where America used Nukes on Japanese cities, so intimidation is also probable. The lie was that American economy could guarantee all other world currencies. It could not then as it cannot now. The dollar is no different from a dud Cheque. There is no guarantee for it. They can afford to print any amount of it and pay for anything from people like u and u will not even notice u are being scammed Just like I issuing u millions of cheques, u can’t cash in any bank for u goods and services. I guess that will make me the most indebted person. America is the most indebted nation on earth. She can’t pay and rather go to war if it comes to dat

Asour:
Hahaha.

So America's currency is what has made the country economically great?

Hear yourself. How can a creation($) make a CREATOR (country) great?

Correction: IT IS THE US's greatness that has made it have the most influential currency ($) in the World NOT the other way around.

Also, if the pervasiveness of the $ is due to freewill printing, why don't other countries do the same? Should be easy right ?

You also have answered what % of world reserves is held in Rubles? Or that doesn't matter?

If I were to ask u, WHICH IS THE ONLY NATION THAT HAS LANDED MAN ON THE MOON, for instance. U will run to google and start pasting every scam and ponzu u find there at me! U DONT analyze data! For the sake of this discuss, pls read up the Bretton Woods agreement first, then u can afterwards reply my last post.

Asour:
So the changes you forsee in petroleum trading which is <10% of global trade would cause the dollar to lose relevance when 60%+ of world's reserves are held in dollars?

The rest of the non oil world trade, in which currency is it denominated?


What % of global reserves is held in Rubles?

That’s exactly the problem. The American wealth is not cause she is the biggest market or the greatest in everything. It’s simply cos her currency is the world reserve currency. If she wants money, she can print it anytime, anyday and anyhow. America’s trade balance with China is 1:3 today. Imagine if America had to pay for goods and services in gold, she will definitely be unable to spend lavishly as she does today. Russia never intends to be the reserve currency, but the BRICS is pushing for a world reserve based on gold. Not colored worthless paper like dollar.

Asour:
So when exactly is the dollar coming to an end in global trade so that we can hold you to your bluff?

In your fake 80% where is Canada?

The dollar? Well, the BRICS DONT trade in Dollars till date and the organization has several applications from new prospective nations. Russia was able to force abt 10 European nations to buy gas with Roubles. Its gradual, but certain. The dollar will be dumped.
Canada is 6% according to ur chart and Kuwait another America’s lickspittle is 3%. So it’s 29% for America then?
Do u know why the gulf states are befriending Putin, cos they saw how he shielded Assad from NATO. So they can confidently shun the arrogance of American without fear of being attacked cos of Russian cover. Gulf oil is on the side of Russia. No one wants to sell mineral resources in terms that completely Favour the west at their own economics detriment.

Asour:
So America with 20% is a helpless entity?

But UAE + Russia which is still <20% is king.

Hahahaha.

I said NOTHING about America's ally by the way.
I am only talking about AMERICA alone.


You're the first person I've seen who says that the top producer of a commodity is wretched while others (much lower) are Kings.

Hahahaha.

U don’t understand
The world and the economics is a creation of some countries. It can be different. Russia is not the one creating the template for world economics, it’s d west and that template is gradually slipping. As I speak, 80% of world oil supply is about to be exchanged in currencies other than the dollar. America’s 20% can not back dollar sufficiently. Wot is backing the dollar? Why is it d global currency? Russia want to finish America

Asour:
Of course you've now left facts and dabbling in
Conjectures because you claimed they don't have enough for internal consumption & I showed you how much they exported last year.

NO NATION produces more oil than the US.
The US also exports oil.

We all don't like America's brashness but we shouldn't push facts aside (and embrace conjectures —probably— because of dislike).

Cheers.

Analyze ur data closely.
America produces just 20%! Meaning a huge chunk of 80% is out of her hands? And her key allies on dat chart are Canada and Kuwait, doing like 9% in total. Implication is that America cannot supply her Allies, or secure their energy needs. After this winter, will see whether Russia will be the new master of Europe. The American dollar survives today on petrol-dollars. If fossil energy becomes problematic, then many of these western countries may no longer play along with America’s lies. Who for decades have suppressed truths about free energy available in AC currents. Since the fifties it is proven that water can run cars. But American companies will lose their edge and global competitiveness if the rules are suddenly flipped. So 20% oil is wretched for a manipulative braggart like America

[quote author=Asour post=117507326][/quote] How about which country produces the most gas (LNG)

gambojimeta:
China is East.
Chinese companies are extracting gold, crude oil and other natural resources too. What has China given Nigeria except to torture their Nigerian staffs alot

Then Nigeria can simply reject the Aid. Why does Nigeria keep collecting the Aid?

The free drug is from USAID (US AID), which is different from UNESCO (Educational, Scientific and Cultural Organization) or UN's AID (The United Nations Development Programme (UNDP), the United Nations Refugee Agency (UNHCR), the United Nations Children's Fund (UNICEF), the World Food Programme (WFP) and the United Nations Population Fund (UNFPA).

WHO gave free Small-Pox vaccines to Africa mixed with HIV AIDS. Even New York Times carried the news. Trust aids from the west at ur own peril

beey2:
And some people here are happy for Putin, he's killing innocent people for God sake, mtchewww !!!

Am sure u listened to Joe Biden saying Putin want to use Nuke in Ukraine? It was actually America that used tactical Nukes in Iraq! Uptill today, women are still giving birth to babies with legs gummed together like cat-fish, babies with no eyes in Fallujah. Its ofcouse the Ukrainians who are killing Ukrainians.

CheapHomes1:
Person de stay on top the bridge?

The explosion was timed to coincide with a train passing carrying petroleum products. Three people died in the blast.

Jovialjune1:
So because America did it, Putin also should do same, as if it's a competition on human lives abi?

Something is wrong with your head.

U missing the point. If America does the same thing it’s condemning about Russia. Then there must be something else involved, which u are not factoring. eg America said Gaddafi was killing his own people, so they went to Libya to help the people by killing 500,000 thousand of the same people they supposedly came to help. Simply shows they never cared about those people to begin with. it was just the excuse to get at Gaddafi and wen they did, it happens it was the stockpile of his gold bars they came to steal. It’s similar to Iraq, Afghanistan, Syria etc.

Piptocoin:
[color=indigo]How did you know Ukraine did that when they have not taken responsibility? For all we know, Putin may have had it blown up as an excuse to terrorise Ukraine.

Secondly, even if Ukraine destroyed the bridge does that equate to the callous destruction of human lives?[/color]

Ukrainian Secret service operatives were apprehended by Russia and their confessions will soon be aired. They are responsible for all the bombing inside Russia since. They blew the bridge and they planned to carry out high profile assassinations. So far, only 12 people died in Ukraine from the missiles. Civilians are not the target. Whereas Ukraine militias have been killing Russians in Ukraine mercilessly

GeneralPula:
There’s no winner yet. Putin had to change to the usage of nuclear weapons cuz Russian army failed. The war is still on going.

They’ll soon decide on Putin matter..

Those ones who want to DECIDE ON PUTIN MATTER according to you U for ask them, when they went to Libya to defeat Gaddafi WHO WAS KILLING HIS OWN PEOPLE? How many people did they kill in their attempt to help the people? 500,000 people were killed by NATO in Libya. Gaddafi could never never have been able to kill as much people Putin missile rain on Ukraine for two days have killed just 12 people! Only 12! In the face of how many innocent Russians Ukraine militants have been killing and posting boldly on the internet? The hypocrites criticizing Putin want war. And be sure Putin is READY for all of you.

Parpor:
3. Bb5

3. d6

Parpor:
2. Nf3

2. Nc6

Parpor:
Yup.
1.e4,,

1. e5

patrickmuf:
On Lichess 2257 is my peak however, I know how network and incoming calls have frustrated me over time...Now, I have a dedicated sim I use for data...

Ur score is impressive. U can also try chess master. U don’t need internet to play on chessmaster and u will be pitched against various Bots with progressive chess strengths.

patrickmuf:
It wil be a tough duel...If you're game, we can play on Lichess...

I like ur confidence. What’s ur Elo rating?

patrickmuf:
What's your Lichess username?

Sorry am not on Lichess. But I don’t see why we couldn’t start chess play on Nairaland like they do premier league games and Champions League matches.

PrinceMajestic:
intellectual capacity of men and women are naturally not equal so there's suppose to be a women category. Like the woman champion of chess for example you can even play her without your queen and still checkmate her if you know the board moves

U are daydreaming!
Bobby Fischer boasted about playing white with a knight down against the Russian woman champion and beating her convincingly. Well he was offered the chance by the Soviet chess community and he wisely refused U will Be skinned

oldienavie:
Why is there a women category for chess ? Chess is not a physical but mental sport so when is there gender stratification ?
Just like saying Best Graduating Student Women Category..

Chess is a sport nonetheless. Involving rigorous mental stress. Male and female competitive ability and creativity under strain, vary significantly. The only female that played in the male category was Judit Polgar- an unbelievable prodigy of the game. However thruout her illustrious career, she could not achieve beyond 6th best in the world.

yemi1504:
We know he is done! His career is done! Why getting all worked up?

Ronaldo career is gone? Abi? FALSE PROPHET

Kobojunkie:
The same Jesus Christ who sent you out commanded that you Do to others as you will like for them to do to you. How would you feel if a babalawo came in front of your house with a megaphone and speakers to broadcast his voodoo theologies in much the same way you go around disturbing others?

Jesus Christ explained to His followers that they have to be as cunning as snakes but as gentle as doves, meaning you have to apply common sense particularly when dealing with others. Don't use Jesus Christ as an excuse for you to live as an arsehole towards your fellow man.

I just trying not to join issues with all ya mumu self-righteous people. Babalawo comes infront of my house with a mic? Is he not on a govt road? Did he come into my house? Why shud I be uptight about it? I have seen preachers harassed in public places like market and like at off times like 5am for preaching early. There is no how u preach idiots will not fault! Even if from church they’ll say why are u using PAS? Why are u doing night vigil? Why are u clapping too much? and so on. If it’s legal to propagate religious faith, then all the rubbish opinions am reading here matter nothing to me. Jesus was stoned, thrown out of town, refused entry into towns, all becos of preaching. Yet Jesus never disturb anybody preaching? Shallow Christians everywhere. If u spread the truth, don’t expect people to be indifferent to u. Truth makes people insecure, and they lash out from the position of their insecurities. I once was in a bus, hearing a preacher very early one morning speak so strongly against cults, human sacrifice and occultism. The driver of the bus was so irritated, he cursed the preacher under his breath, even long after we have driven by. Apparently he was into those things the preacher highlighted

VEHINTOLAR:
I'm complaining about what seems like a premeditated attack launched against a man right in front of his own house !

While ignoring and even justifying premeditated attacks lunched against freedom all Christians in whole communities?

donprincebigt:
What part of "Leave what belongs to Cesar to Cesar" are u not understanding ?

Am not understanding why it cannot also work from behind, as in CESAR TO CESAR TO BELONGS WHAT LEAVE

VEHINTOLAR:
Give unto Caesar's what is Caesar's;it's a word of God ! Meanwhile,if you have problems with "juju evangelists" declaring curfew up and down,why don't you confront them instead of bringing your grievances here ? They can't hear you here;they are not here,man !

If u believe juju evangelist should be left alone, why then are u complaining about Christian evangelist?

VEHINTOLAR:
You don't have any right before God to judge anyone,chairman ! You're beginning to sound like an unbeliever yourself,what's the meaning of this "block your ears" or something ?! You need to calm down;you sounded quite too judgemental here,man ! God is Love and that's the message Jesus himself preached. You're an hypocrite if you think those two trouble makers in white garment haven't done anything wrong ! Their approach was wrong and it's capable of leading to violence ! They did not go there to preach any salvation to the man but to humiliate and make him feel uncomfortable within his own vicinity !

You portrayed yourself as a religious fanatic this morning and I'm quite disappointed in you ! I'll still be reading and sharing your messages though. But like someone rightly said here,you need to understand that the key to the heavenly paradise is not your hand;it belongs to the Lord ! Preach LOVE,but not FANATICISMS !

This same person will not find anything wrong with juju evangelists everywhere declaring curfew up and down!

jesusjnr2020:
The worst part is that they would start with, "I'm a Christian", and then start speaking as antichrists and the heathen to prove that their Christianity is just a title.

If Jesus and His disciples were here, you would have issues with them preaching the Gospel of the Kingdom in the open and on the streets.

You should know that doing so then was also a punishable offence, by imprisonment and often by death, so that doesn't make it to be wrong. In fact if you don't preach the Gospel because of such things, you are likely hell bound because Jesus said He would be ashamed of anyone who is ashamed of Him and His Words, don't be surprised when He tells you to your face, "I NEVER KNEW YOU!"

So ilperhaps you ought to repent instead of complaining about their preaching.

God bless.

Neva mind these hypocrite
Wot of babalawo evangelism? Where they will force everyone to remain indoors from morning till night becos of their juju god? Why don’t u call police for them? How about wen masquerades stop on the street to ask for bribe? with cane in hand? Is that not masquerade evangelism? I don’t know why many Christians are not sincere

PotatoSalad:
Does she look like she had a problem before?
Girl looks fine to me

Women of her age usually gather fat in their belly area. Called geriatric pregnancy. Most don’t like it. I wouldn’t if I were her too. Gym can’t lose it.
But there are other better and safer ways dan Lipo

PotatoSalad:
Problem with liposuction is that after sometime, your belle will get fat again and you'll need another one.
Go to the gym, in 6 months, your body will thank you that.

Not gym. There are far better ways to get rid of geriatric pregnancy
RIP 2d Dead

Asour:
The USA spent >$500bn in Afghanistan for 20 years but the Afghanistan Army lost the war without fighting for one week.

THAT'S what I needed to see to know that Money alone doesn't win wars.

The RESOLVE of the Ukrainians IS MORE important than money in this crisis. If you cannot see it then I can't show you better.

U so funny
Afghan Army lost war in one week, yet the Americans fought for 20yrs? Against who were they fighting?
The Americans couldn’t defeat the Taliban in 20yrs. They lost the war. They ran away and maybe be next other time, the Taliban or whoever, will pursue after them to bring the war at their doorstep in Washington DC.
The money spent on Ukraine so far, is unrealistic, unprecedented and an indication of maximum desperation on the part of the funders.

Asour:
Fine.


But what's NATO doing in your prediction.

Ukraine is not a NATO country.

Bargaining for what exactly?

If NATO is not involved in the war, how manage they have spent $200 billion USD on Ukraine? Wot more do u need to see, b4 u believe it’s a battle btw NATO and Russia in Ukraine battlefield?
Bargaining? War alone does not bring peace. Wen Europe is tired of this war, they know how to end it. Putin can suggest giving up all the other areas in his possession in exchange for the 4areas in the east to be recognized by Europe as part and parcel of Russia federation