Posted on 06/18/2023 1:01:32 PM PDT by EBH
A growing number of countries are coming forward to join BRICS and accept the new currency for global trade. The South African ambassador Anil Sooklal hinted that the alliance could expand this year becoming BRICS+. The move could add pressure on the U.S. dollar as developing nations would end their reliance on the greenback. The global financial order could tilt from the West to the East creating a new multipolar economy.
According to the latest report, the BRICS alliance has formally received applications from 25 countries to join the bloc. The 25 nations that expressed their interest to join are Afghanistan, Algeria, Argentina, Bahrain, Bangladesh, Belarus, Egypt, Indonesia, Iran, Kazakhstan, Mexico, Nicaragua, Nigeria, Pakistan, Saudi Arabia, Senegal, Sudan, Syria, the United Arab Emirates, Thailand, Tunisia, Turkey, Uruguay, Venezuela, and Zimbabwe.
The list includes oil-rich nations that send millions of barrels of oil and gas to the U.S. and Europe. They stand at a pivotal point and could demand payment with BRICS currency and not the U.S. dollar. The move could send the developed Western economies into a tizzy and realign the global geopolitical system.
The BRICS alliance consists of five countries Brazil, Russia, India, China, and South Africa. Therefore 30 countries are now participating to dethrone the U.S. dollar from its global reserve currency status through BRICS entry.
If all these countries trade with the BRICS currency ending reliance on the U.S. dollar, the greenback could be hit. The United States will find no means to fund its deficit and the economy could begin to crumble.
A handful of sectors in the U.S. could be affected and lead to job cuts in the long run. Read here to know the full list of financial sectors that are at risk with the formation of BRICS currency that could lead to the demotion of the U.S. dollar.
Two are among the top five we import oil from. Mexico and Saudi Arabia.
Mexico is our number two right behind Canada. Saudi Arabia is number three.
Precisely...South Africa? Brazil? Red China? Go ahead and invest your cash.
The END of US hegemony in virtually every sector. Prepare accordingly.
“ And they would depend on China to keep the airways and seaways free for commerce?”
“You pirate ship been here four hour! You go now!”
People from every country you just named floods into the hospital emergency room I work in on a regular basis.
More and more of these jabbering Third World mutts every week.
And we, the American taxpayers are footing the bill.
It’s not the end, don’t be a joker. Where are these third world ass clowns going to get their technology? China? China has been a technological parasite for years, right up to today.
The majority of the brics nations were messed up by Marxist thought as they waffled in their development. Marxist thought never had the capacity to create nor invent. No infrastructure. That is something western Christian man created about five hundred years ago.
Also, the US has been the hub of western Christian man and his G7. They and their orbits are still about 70%of global trade. They are still 98 percent of the inventions, therefore responsible for 98%of achievement, progress and advancement. Marxism is not capable of that as it is developmentally challenged, always has been, always will be.
China isn’t their genie in a bottle.
And if the west pulls back its corporations, factories and technology, China is sunk.
The Islamic sitoles are the same. All failed nation states for the same reasons.
one does not just declare oneself the world’s reserve currency... one must back it up.
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