₦airaland Forum

Botragelad:
The BRICS nations are free to make their own decisions. At least the US is not planning to invade them like Russia did to Ukraine for deciding their own future.

Now, if you're gonna chat about ditching the US dollar and reduce reliance, you gotta ask yourself, why are you still using it? The US dollar is still the global reserve currency, and it's hard to see that changing anytime soon.

The BRICS countries still got a long way to go before they can challenge the US, know what I'm saying?
So, yeah, it's all good and well to talk about replacing the US dollar(your choice), but until someone comes up with a viable alternative, it's just chat. The US economy is still the biggest and the strongest, and it's gonna stay that way for the foreseeable future.

Who in their right mind will want to follow Russia after they've proven to be so weak? 😂

Russia weak as how?
In comparison with whom?

For the records, Russia is single-handedly fighting about 50 different countries. Those countries are the richest, most advanced and most powerful countries in the world.

Bt what standard is Russia weak?

epainos:
Everyone is curious about how this will end. To be honest, Americans should be pleased with this bold move; however, for BRICS, it should be a wake-up call to bull crap the US. We will see who wins here. The US wants to go against Brazil, Russia, India, China, and South Africa. Hmmmm. This is very tricky. But I suppose the United States must try; otherwise, they will lose everything. And BRICS must also resist; otherwise, they will be crushed for the next 50 years. As soon as Trump gets on board, the US will either continue to reign or begin to fall. Whatever the case, I pray that God's people are protected and provided for. It is well.

Trump's option is better than threatening to invade other countries for ditching the us dollars.
Every country has every right to use her strength in its favour. China does it all the time, that's how they got foreign companies to transfer technology to local Chinese companies in exchange for domestic market access.
USA is the biggest consumer of finished goods and Trump iis right if he wants to weaponise that market against foreign competitors.

Whether he would succeed is another thing entirely, but nothing wrong in trying. As I said earlier, better than invading countries n causing wars.

The biggest issue with BRICS alliance is China itself. China is no doubt a powerful economy but built around export. China is only interested in buying raw materials from the rest of the world, in return they sell to others consumer products. China would only buy natural resources from other BRIC nations and nothing more.

This pattern would only work for BRICS if there are
other suckers to buy Chinese products otherwise that arrangement cannot work.
BRICS economy is too small to consume any significant Chinese products and many of them like India would not want to end up being Chinese export dump.

That's the weakness Trump wants to exploit.

Botragelad:
The BRICS nations are free to make their own decisions. At least the US is not planning to invade them like Russia did to Ukraine for deciding their own future.

Now, if you're gonna chat about ditching the US dollar and reduce reliance, you gotta ask yourself, why are you still using it? The US dollar is still the global reserve currency, and it's hard to see that changing anytime soon.

The BRICS countries still got a long way to go before they can challenge the US, know what I'm saying?
So, yeah, it's all good and well to talk about replacing the US dollar(your choice), but until someone comes up with a viable alternative, it's just chat. The US economy is still the biggest and the strongest, and it's gonna stay that way for the foreseeable future.

Who in their right mind will want to follow Russia after they've proven to be so weak? 😂

Since the end of World War II in 1945, the United States has engaged in numerous military interventions across the globe. According to a 2023 report by the Congressional Research Service, there have been 481 instances where U.S. armed forces were used abroad in situations of military conflict or potential conflict to protect U.S. citizens or promote U.S. interests.


go and verify.

Botragelad:
Who's stopping them from going ahead with the organization? 🤷‍♂️

Yeah China is a massive economy with a magic wand that will wave off it's economic problems, correct?. China's heavily dependent on export so either way they would tread carefully!

your major problem with brics isn't the formation of the organization but the involvement of Russia, who calls the bluff off the US face. you don't like Putin and Russia it is obvious. that you so much love the us don't mean they are saint.

Bleep you trump. You are the worse America will produce

smokinloud:
US is the baba of them all. There are 9 trillion dollars companies on earth and 8 trillion of them are in US. Even Saudi Aramco was founded by Americans in California. All these companies use Israeli developed technology.

Samsung is not among top 10?

NOETHNICITY:
Russia weak as how?
In comparison with whom?

For the records, Russia is single-handedly fighting about 50 different countries. Those countries are the richest, most advanced and most powerful countries in the world.

Bt what standard is Russia weak?

"Singlehandedly"? Is that a deliberate lie? What about Iran, China, those small communist countries in Eastern Europe, rented soldiers from North Korea etc.

oldguyman:
Initial gra gra, Trump should calm down as no one is buying into his bullying tactics again.

The same thing he did during face off with North Korea , and up to this moment, North Korea is still standing with robust military and economic power. If China, India and Russia decided to move away from Dollar, alot of aggrieved countries will follow suit and nothing will affect them economically.

IT IS GOOD THAT TRUMP GOT THE MAJOR REASON FOR THE FORMATION OF BRICS IN THE FIRST INSTANCE.
REASON TOO WHY HAUSA LANGUAGE IS ON BRICS' CURRENCY AND PUTIN IS REJOICING THAT BRICS' STRATEGY IS WORKING.

God1000:
I don't think this will work, countries are at liberty to decide their own future and do anything that serve their national interest first, afterall that's what Donald trump stands for with his America first slogan

Make Nigeria join BRICS so we no wether e go work

I see this as a nonsense idea.

SIRTee15:
Trump's option is better than threatening to invade other countries for ditching the us dollars.
Every country has every right to use her strength in its favour. China does it all the time, that's how they got foreign companies to transfer technology to local Chinese companies in exchange for domestic market access.
USA is the biggest consumer of finished goods and Trump iis right if he wants to weaponise that market against foreign competitors.

Whether he would succeed is another thing entirely, but nothing wrong in trying. As I said earlier, better than invading countries n causing wars.

The biggest issue with BRICS alliance is China itself. China is no doubt a powerful economy but built around export. China is only interested in buying raw materials from the rest of the world, in return they sell to others consumer products. China would only buy natural resources from other BRIC nations and nothing more.

This pattern would only work for BRICS if there are
other suckers to buy Chinese products otherwise that arrangement cannot work.
BRICS economy is too small to consume any significant Chinese products and many of them like India would not want to end up being Chinese export dump.

That's the weakness Trump wants to exploit.

You analyzed it smoothly, bro, as if the United States can survive by producing for itself...that is a nation that relies on others to produce for her. The United States has threatened Canada, Mexico, and China with sanctions if they do not stop drug trafficking. We saw how Trump quickly went to his Truth account to announce that the Mexican president had accepted his offer. Lol. And the woman immediately explained her position, which differs greatly from what Trump presented. So Trump wants the woman singlehandedly to go after drug traffickers, which the US and Mexican governments have been fighting for decades. Lol.

Again, he is threatening BRICS. lol. The good news is that China is being slammed twice. Lol. Of course, another one will follow, and this will be the third.

Let us see how the US survives after slamming everyone with a 100% tariff increase. That is a nation that relies on imports. We are watching.

God1000:
This is a viable alternative man

If Donald trump actually read a book, he’d learn that neither protectionism nor isolationism work in this 21st century, these countries can do the same tarrif on US as well

You don't know that U.S. arrogance and bullish behavior is the very reason BRICS was formed

He's going to destroy US economy and push allies away, he knows nothing

Omo … if you know how big the US economy is … you’ll know that America won’t suffer over BRICS

Botragelad:
Who in their right mind will want to follow Russia after they've proven to be so weak? 😂

Normal -10 IQ nairalanders.
Sounding like a slave.

Guestmale:
Each country should be able to determine what currency most suitable for them but then the BRICS nations are mostly terrorists supporting nations, which if they are able to have a strong and independent economy will do worse than this. The invasion of Ukraine by Russia and being supported by North Korea and Iran and Iran supporting terrorists in the middle east are examples of their atrocities.

None of the BRICS nations have waged wars as much as the NATO members, none of the BRICS nations have killed people as much as the NATO members. You people need to pick up a book and read and stop meddling in affairs you have no idea of.

PUTIN IS LUCIFER AND HE IS WORSE THAN SERPENT IN THE GARDEN.
PUTIN IS ALREADY BLEEPING ERDOGAN.

God1000:
So I came across this post on trump's Facebook account and I couldn't just believe it.

LoLz. This is one of the fundamental cores of US Foreign policies, no matter who is President if you attack the dollar, you'll be in trouble. Why do you think they went after Ghaddafi so hard? Why do you think people were disappointed with Obama for that move?

cococandy:
100 percent convinced his plan is to totally destroy the US economy so his owners can come in and sweep the country for parts. Elon might even introduce his own currency that he controls. Long as Trump and his immediate family get paid, nothing else matters to them.

Let's grab our popcorn and watch, I can't wait

Murketeer:
Omo … if you know how big the US economy is … you’ll know that America won’t suffer over BRICS

The USA's big economy is all a mirage . That's why trump is scared. The moment the world stops trading in dollars, that will be the end of the USA.

Sadly Biden already started the downfall of the USA and even trump can't stop it.

LordReed:
LoLz. This is one of the fundamental cores of US Foreign policies, no matter who is President if you attack the dollar, you'll be in trouble. Why do you think they went after Ghaddafi so hard? Why do you think people were disappointed with Obama for that move?

Well In this case who can they go after amongst the BRICS nations? Na USA go beg last last.

Botragelad:
BRICS is a joke. Trump's a patriot(most of the time), through and through, and he's all about putting America first. You can't have your cake and eat it, according to him, - you gotta choose between the US dollar or watching your economy go down the pan.

It's their call. Trump's made it clear, he won't let anyone mess with the US dollar, and if you're not on board, you're on your own. You have a choice. Choose freedom🦅🦅🇺🇲!

Which economy is up right now? Most countries' economy is down at the moment. And nothing will happen if the dollar is ditched. If anybody will suffer, it is America. Enough of the over dependence on the dollar.

epainos:
You analyzed it smoothly, bro, as if the United States can survive by producing for itself...that is a nation that relies on others to produce for her. The United States has threatened Canada, Mexico, and China with sanctions if they do not stop drug trafficking. We saw how Trump quickly went to his Truth account to announce that the Mexican president had accepted his offer. Lol. And the woman immediately explained her position, which differs greatly from what Trump presented. So Trump wants the woman singlehandedly to go after drug traffickers, which the US and Mexican governments have been fighting for decades. Lol.

Again, he is threatening BRICS. lol. The good news is that China is being slammed twice. Lol. Of course, another one will follow, and this will be the third.

Let us see how the US survives after slamming everyone with a 100% tariff increase. That is a nation that relies on imports. We are watching.

As I said earlier, I never said Trump's plan would work but sitting down and doing nothing is not an option either. Is it?

Reliance on foreign countries for import is not a healthy option either and being an import dependent economy isn't good for any country.

So U saying American president shouldn't do anything about it sounds negative to me
Dependent on import leads to trade deficit, negative balance of trade, budget deficit, inflation, ballooning national debt, increasing govt borrowing and pressure on the national currency.

The only reason America is able to survive despite struggling with all the above is simply because the us dollars is the global currency.
America is able to sustain his over one trillion dollars trade deficit and over 30 trillion dollars national debt because the rest of the world use the dollar for global trade thus America export her inflation to the rest of the world.

Now if the rest of the world is now saying they don't want to use the American dollars for global trade anymore, that means the inflation caused by the trade deficit stays home and of course that will impact the domestic economy.

So U saying an American President should just sit by and do nothing sounds hypocritical to me.
Either he force the rest of the world to continue using the dollar as global currency which is not feasible on the long run OR he looks for ways to cut down on the trade deficit.

Trump is trying to do both, how this is a problem is what I don't understand.
Trump is the only us president who is actually trying to solve real America's economic problem without causing any wars.
People should at least give him credit.

SIRTee15:
As I said earlier, I never said Trump's plan would work but sitting down and doing nothing is not an option either. Is it?

Reliance on foreign countries for import is not a healthy option either and being an import dependent economy isn't good for any country.

So U saying American president shouldn't do anything about it sounds negative to me
Dependent on import leads to trade deficit, negative balance of trade, budget deficit, inflation, ballooning national debt, increasing govt borrowing and pressure on the national currency.

The only reason America is able to survive despite struggling with all the above is simply because the us dollars is the global currency.
America is able to sustain his over one trillion dollars trade deficit and over 30 trillion dollars national debt because the rest of the world use the dollar for global trade thus America export her inflation to the rest of the world.

Now if the rest of the world is now saying they don't want to use the American dollars for global trade anymore, that means the inflation caused by the trade deficit stays home and of course that will impact the domestic economy.

So U saying an American President should just sit by and do nothing sounds hypocritical to me.
Either he force the rest of the world to continue using the dollar as global currency which is not feasible on the long run OR he looks for ways to cut down on the trade deficit.

Trump is trying to do both, how this is a problem is what I don't understand.
Trump is the only us president who is actually trying to solve real America's economic problem without causing any wars.
People should at least give him credit.

The only thing left to do is to address the part I highlighted above. You mentioned me first, and I recommend that you go back to the original post on which you commented. The answer is there. It appears that you did not understand my post or did not read it thoroughly before making a comment.

Goodluck!

MadamVanessa:




Those fóolish countries have no option but to conform to the dominant global power structure or face severe repercussions.

you are the foolish one here thou. Why must you use dollar with a trade between Nigeria and China? Must dollar be used between Saudi and Russia?
Think dmfor yourself mumu .

Botragelad:
BRICS is a joke. Trump's a patriot(most of the time), through and through, and he's all about putting America first. You can't have your cake and eat it, according to him, - you gotta choose between the US dollar or watching your economy go down the pan.

It's their call. Trump's made it clear, he won't let anyone mess with the US dollar, and if you're not on board, you're on your own. You have a choice. Choose freedom🦅🦅🇺🇲!

FOOL TYPING FROK A SHITHOKE NATION

God1000:
I don't think this will work, countries are at liberty to decide their own future and do anything that serve their national interest first, afterall that's what Donald trump stands for with his America first slogan

Trump don sniff kpekus wey d smell like basic Nigerian girl own
putrid smelling type

The "mighty U.S. dollar" is apparently so "mighty" that you need to threaten countries so they don't abandon it...

BRICS countries should totally take him to his word and go ahead with this: 100% tariffs on BRICS products would actually further undermine the dollar. It'd reduce demand for it due to reduced trade, and it'd cause significant inflation in the US, also negative for the dollar. This is akin to saying "if you try to undermine the dollar, I'll do it as well"

smokinloud:
US is the baba of them all. There are 9 trillion dollars companies on earth and 8 trillion of them are in US. Even Saudi Aramco was founded by Americans in California. All these companies use Israeli developed technology.

And the largest consumers are?

Jovi10:
Well In this case who can they go after amongst the BRICS nations? Na USA go beg last last.

LoLz. You think CIA is just a fancy acronym? Those guys don't play fair. When they orchestrate monstrous plots they do it and the president will have plausible deniability. Putin is banking on Trump being friendly with him, the almighty dollar comes before friendship. If he does too much we go hear say Putin don sick and died in his sleep.

oldguyman:
Initial gra gra, Trump should calm down as no one is buying into his bullying tactics again.

Ok, the "no one" should now buy into Iran or other muslims countries tactics, right?

psucc:
Which liberty are you talking about? Even before our very eyes, Ukraine couldn't have the liberty to join NATO but got invaded by Russia. Same Putin wants to create BRICS to rival America.

All these 2011 born children sef? All they know is Asake, Shayopopi.

America is way too tolerance. Any other time in history with empire at the realm you fall.in line with the leader. Imagine if hitler germany had emerge as world power. Would they dare do otherwise.


A male world will always have a leader.