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Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) - Foreign Affairs (8) - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsPutin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) (60806 Views)

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Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by HenryWilliams(m): 2:44am On Oct 24, 2024
QuinQ:
Yeah, but that is tomorrow. And that tomorrow is far in the future. And it certainly won't be this Bric
That tomorrow is today.
Everyone is seeing the birth of a new dominant currency and the slow death of the US dollar
Don't get me wrong, the US dollar will be around for years to come ,but no longer the world's only global tender..BRICS will ensure that never happens again.
And for those of y'all that belittle China..do so at your own risk..
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Dhury: 2:47am On Oct 24, 2024
Nomercie:
Wow wonderful,all isrehell and jewish slave won't be happy with thisgrin
isrehell or east,rehell grin?
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by lagosrd: 2:47am On Oct 24, 2024
Nomercie:
Wow wonderful,all isrehell and jewish slave won't be happy with thisgrin
Unfortunately you won't spend a dime out of the failed currency by failing economies
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 2:49am On Oct 24, 2024
Krismas:
grin Dey play.
What is so important about the dollar?
Useless currency backed by nothing.
Toilet paper! grin
At least it is toilet paper. Bitcoin is NOTHING, not even toilet paper, and is backed by NOTHING.
Yet as of today, one bitconin is $67000!!!!!!
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Krismas(m): 2:53am On Oct 24, 2024
QuinQ:
I'm the furthest thing from conspiracist. I am totally facts. You people don't understand how hard it is to dislodge something established. Example, when Elon bought Twitter, Facebook and others who can't stand Elon launched their own platforms. Where are they today?
Everyone also thought Euro would be end of the dollar. It hardly had any impact.
My honest prediction (not hope, prediction) is that this Bric, if it materialises at all, will be a novelty currency while people will continue with dollar as if nothing happened.
You missed this part of my post below
wrong.
30 more nations are expected to join BRICS.
The gulf states have been the pillar of the dollar for so long. Some of them like UAE is coming into BRICS as well. Wen dis system kicks off fully, more and more people will be drawn to it. The dollar is backed by nothing. And the American treasury prints dollar at will. It’s worthless paper. It helps America to spend 2ice dan they earn. In August alone, the American revenue was 300bil but expenditure was 600bil! Who are they deceiving? They fvckingly broke.
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by mirrael68(m): 2:59am On Oct 24, 2024
Yes. Yes. Yes. Repent and live right today, tomorrow might be too late. Accept Jesus today, His expensive blood paid for our freedom from sin.
Righteousness2:
The World is on a Brink of a Prophetic Shift.

Scriptures are falling into a place right before our eyes.

The prophecies that were Sealed in Daniel are being REVEALED as we get closer to the end of time.

The Holy Bible is the Greatest and Most Imporrant book for all Humanity on the Face of Earth

You dont need a prophet to prophesy anything.
Scripture is literally jumping off the pages of the Bible lately and ending up on tomorrow's news headlines.

The Wise will understand and do the needful! The Foolish will not

Get ready Folks! Live ready!
EVERYTHING IS SET
This World is about to Explode!

The RAPTURE could happen anytime anyday.
Settle the Matter of your Soul with JESUS CHRIST. There is no more time


Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Namigotalktru: 2:59am On Oct 24, 2024
I hope we are part of this o! This is more real than bitcoin and bitcoin is here to stay.

The US/zionists have overplayed their hands and people are tired. If they go to war with all these countries even if they think they will win there won’t be much of them left to enjoy their “victory”

That is why they are going crazy trying to spread everywhere like grass but they have met the goats that will chop them.

Well done to the BRICS country make oyibo carry their wahala dey go
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Krismas(m): 3:04am On Oct 24, 2024
QuinQ:
At least it is toilet paper. Bitcoin is NOTHING, not even toilet paper, and is backed by NOTHING.
Yet as of today, one bitconin is $67000!!!!!!
2moro nko? What will one bitcoin be? It could be zero! Useless speculative coins, whose value stern from it being used discreetly as payment for hard drugs, prostitution, assassinations, and every illegal business under the sun, in order to bypass law enforcement. Rubbish!
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by dappydozzy(m): 3:06am On Oct 24, 2024
Albert0011:
Can it withstand against the Almighty Dollar 💵.
I doubt so undecided
There is nothing Almighty in a credit-backed currency like the dollar. The dollar is about to experience a collapse with the mounting US public debt. As more countries join the bloc, this currency will gain more significance because it is a commodity backed currency.
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 3:11am On Oct 24, 2024
HenryWilliams:
That tomorrow is today.
Everyone is seeing the birth of a new dominant currency and the slow death of the US dollar
Don't get me wrong, the US dollar will be around for years to come ,but no longer the world's only global tender..BRICS will ensure that never happens again.
And for those of y'all that belittle China..do so at your own risk..
Study what happened with Elon and Twitter. That's exactly what will happen. People who couldn't stand Elon made a lot of noise and started their own platforms. Where are they today? It is very hard to dislodge something established.
Also how come Euro had almost zero impact on Dollar, contrary to predictions??
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 3:16am On Oct 24, 2024
dappydozzy:
There is nothing Almighty in a credit-backed currency like the dollar. The dollar is about to experience a collapse with the mounting US public debt. As more countries join the bloc, this currency will gain more significance because it is a commodity backed currency.
How come it didn't happen with Euro as expected? How come Euro had almost zero impact on Dollar.
Dollar is backed by nothing the way a Picasso selling for millions is backed by almost nothing - yet you KNOW the price will never drop much!
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by zinaunreal(m): 3:20am On Oct 24, 2024
Mysticsoul:
Other tongues use it too
That one na lie o
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 3:27am On Oct 24, 2024
Krismas:
wrong.
30 more nations are expected to join BRICS.
The gulf states have been the pillar of the dollar for so long. Some of them like UAE is coming into BRICS as well. Wen dis system kicks off fully, more and more people will be drawn to it. The dollar is backed by nothing. And the American treasury prints dollar at will. It’s worthless paper. It helps America to spend 2ice dan they earn. In August alone, the American revenue was 300bil but expenditure was 600bil! Who are they deceiving? They fvckingly broke.
Soo, how come Euro didn't dethrone dollar as expected? It had hardly any impact.
Dollar is backed by the same thing that backs Twitter or Facebook. Why can't a group of people just launch their own Facebook?
That debt is why America is so rich. They encourage their citizens to spend - even if it means borrowing. Nigeria would be rich too if we could do same
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Krismas(m): 3:29am On Oct 24, 2024
QuinQ:
Study what happened with Elon and Twitter. That's exactly what will happen. People who couldn't stand Elon made a lot of noise and started their own platforms. Where are they today? It is very hard to dislodge something established.
Also how come Euro had almost zero impact on Dollar, contrary to predictions??
Euro is an amazing currency indeed. By the time it started, the currency was rock bottom, cos its value was the effective value of all EU member states’ economies. But today, the currency has prospered, yet Euro is not the world’s reserve currency. Oil is not sold in Euro. That was not the Bretton woods agreement.
As for Elon Musk, the analogy is not similar. All Musk’s competitors didn’t band together to create a platform big enough to rival Twitter. Trump created TRUTH and I don’t think he did it for profit.
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 3:34am On Oct 24, 2024
Krismas:
2moro nko? What will one bitcoin be? It could be zero! Useless speculative coins, whose value stern from it being used discreetly as payment for hard drugs, prostitution, assassinations, and every illegal business under the sun, in order to bypass law enforcement. Rubbish!
Just the same way a Picasso is backed by almost nothing but the price keeps going up, so also the price of bitcoin will always go generally up, though it is backed by absolutely nothing - and the price will explode once it's accepted by exchanges and central banks
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Krismas(m): 3:36am On Oct 24, 2024
QuinQ:
Soo, how come Euro didn't dethrone dollar as expected? It had hardly any impact.
Dollar is backed by the same thing that backs Twitter or Facebook. Why can't a group of people just launch their own Facebook?
That debt is why America is so rich. They encourage their citizens to spend - even if it means borrowing. Nigeria would be rich too if we could do same
U mistaking.
Euro would have outperformed dollar, if dollar were not the reserve currency.
And if big SM brands lump together, they can edge Musk out of the market
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Krismas(m): 3:42am On Oct 24, 2024
QuinQ:
Just the same way a Picasso is backed by almost nothing but the price keeps going up, so also the price of bitcoin will always go generally up, though it is backed by absolutely nothing - and the price will explode once it's accepted by exchanges and central banks
dollar was backed by oil. Unless that continues, the dollar will inevitably collapse.
U can’t put something on nothing
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 3:45am On Oct 24, 2024
Krismas:
Euro is an amazing currency indeed. By the time it started, the currency was rock bottom, cos its value was the effective value of all EU member states’ economies. But today, the currency has prospered, yet Euro is not the world’s reserve currency. Oil is not sold in Euro. That was not the Bretton woods agreement.
As for Elon Musk, the analogy is not similar. All Musk’s competitors didn’t band together to create a platform big enough to rival Twitter. Trump created TRUTH and I don’t think he did it for profit.
Yet Euro had almost no impact on dollar.
Oil being sold in Dollar is not a one-way thing. They NEED to sell oil in Dollar just same way someone who hates Elon needs to use twitter.
Once something is entrenched and imbedded it goes way beyond initial impetus like Brentwood or oil.
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 3:47am On Oct 24, 2024
Krismas:
dollar was backed by oil. Unless that continues, the dollar will inevitably collapse.
U can’t put something on nothing
Ridiculous. See my post above. It is like saying Twitter is backed by US government agencies using it. Twitter benefits from that BUT they also need to use Twitter and Twitter won't collapse if they stopped using it
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 3:54am On Oct 24, 2024
Krismas:
U mistaking.
Euro would have outperformed dollar, if dollar were not the reserve currency.
And if big SM brands lump together, they can edge Musk out of the market
And what do you understand by reserve currency?
What stopped Euro from replacing the dollar?
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Krismas(m): 3:55am On Oct 24, 2024
QuinQ:
Ridiculous. See my post above. It is like saying Twitter is backed by US government agencies using it. Twitter benefits from that BUT they also need to use Twitter and Twitter won't collapse if they stopped using it
Twitter is backed by the sum Elon Musk paid to acquire it. Every business is always backed by the startup capital
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Krismas(m): 3:59am On Oct 24, 2024
QuinQ:
And what do you understand by reserve currency?
What stopped Euro from replacing the dollar?
EU countries were part of the agreement in Bretton, TO MAKE THE DOLLAR THE WORLD CURRENCY.
It wasn’t due to the Stella performance of the dollar, it was just an agreement and since then, oil is bought and sold in dollars. Just like tradition.
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by cobilak9: 4:03am On Oct 24, 2024
Jamhurriya Taraya Nageriya 🇳🇬
They wrote Nigeria in Hausa language oo🤣
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by yinkeys(m): 4:05am On Oct 24, 2024
Righteousness2:
The World is on a Brink of a Prophetic Shift.

Scriptures are falling into a place right before our eyes.

The prophecies that were Sealed in Daniel are being REVEALED as we get closer to the end of time.

The Holy Bible is the Greatest and Most Imporrant book for all Humanity on the Face of Earth

You dont need a prophet to prophesy anything.
Scripture is literally jumping off the pages of the Bible lately and ending up on tomorrow's news headlines.

The Wise will understand and do the needful! The Foolish will not

Get ready Folks! Live ready!
EVERYTHING IS SET
This World is about to Explode!

The RAPTURE could happen anytime anyday.
Settle the Matter of your Soul with JESUS CHRIST. There is no more time


Explain further
What does the prophecy say
Many of us don’t understand parables
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 4:05am On Oct 24, 2024
Krismas:
dollar was backed by oil. Unless that continues, the dollar will inevitably collapse.
U can’t put something on nothing
You keep saying can’t put something on nothing when that's exactly what happens. What is Naira backed by?
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Krismas(m): 4:06am On Oct 24, 2024
QuinQ:
Yet Euro had almost no impact on dollar.
Oil being sold in Dollar is not a one-way thing. They NEED to sell oil in Dollar just same way someone who hates Elon needs to use twitter.
Once something is entrenched and imbedded it goes way beyond initial impetus like Brentwood or oil.
Dollar has depreciated even more, since Brentwood, which is still Bretton agreement. U don’t understand the workings of international currency or reserve currency. It used to be gold b4 the dollar. Now it’s like BRICS is taking it back to not just gold, but other rare earth minerals.
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 4:08am On Oct 24, 2024
Krismas:
dollar was backed by oil. Unless that continues, the dollar will inevitably collapse.
U can’t put something on nothing
Dollar has gone waaay beyond oil. Why do you think US can antagonize Arabs at will and not worry they might stop selling oil in dollars?
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Krismas(m): 4:11am On Oct 24, 2024
QuinQ:
You keep saying can’t put something on nothing when that's exactly what happens. What is Naira backed by?
Naira is backed by USD grin
The value of our Naira is Ill-fated with the dollar.
All paper currency are toilet papers. America made it so. It used to be gold. It’s now dollar, that’s why countries reserve in dollars. Dollar is now like gold. The way u reserve gold is the way u reserve dollar. Ur dollar hoard shows ur wealth etc. it’s bullshit, cos the dollar is worthless paper.
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 4:12am On Oct 24, 2024
Krismas:
Twitter is backed by the sum Elon Musk paid to acquire it. Every business is always backed by the startup capital
This is childish. Twitter is backed by the fact people use it. If people stopped using it it'd be worth zero no matter how much Musk paid for it
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by QuinQ: 4:16am On Oct 24, 2024
Krismas:
EU countries were part of the agreement in Bretton, TO MAKE THE DOLLAR THE WORLD CURRENCY.
It wasn’t due to the Stella performance of the dollar, it was just an agreement and since then, oil is bought and sold in dollars. Just like tradition.
And how easy is it to break tradition once established?
There are some 120 countries in the world. How many are in Bric and can those Bric countries really control what currency their citizens trade in internationally?
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Krismas(m): 4:20am On Oct 24, 2024
QuinQ:
This is childish. Twitter is backed by the fact people use it. If people stopped using it it'd be worth zero no matter how much Musk paid for it
Customers are not what back the business. Business is opened to cater to customer needs. If they don’t use Twitter, they will use another SMP, as long as that need arises. The back of your cater business is all the facilities u provide to make the business functional at peak quality and also able to pay damages should any arise, to assure your customers
Re: Putin Shows New BRICS Currency To Replace US Dollar In Global Trade (Photos) by Tolu2024(m): 4:21am On Oct 24, 2024
billyG:
The biggest joke of d century!
Even zimbabwe that has nothing to sell,brazil is a petroleum economy,what do SA have?what will russia buys from malaysia?what will argentina,bolivia & indonesia bring to d table? grin grin grin
After from war what does u$å bring to the table ?
They are only great because of the dollar remember the world was trading with British pounds 💷 before where are they now?

The United States dollar was established as the world's foremost reserve currency by the Bretton Woods Agreement of 1944
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