Skip to comments.Pakistan, China and Russia decide to conduct trade in local currencies skip dollars
Posted on 04/02/2020 7:02:49 AM PDT by NImerc
The eight-member countries of the Shanghai Cooperation Organization (SCO), including China, Russia, and Pakistan, have made the principle decision to conduct bilateral trade and investment and issue bonds in local and national currencies instead of US dollars.
(Excerpt) Read more at brecorder.com ...
I'm not much of a conspiracy guy, but truth be told from the very early days of this virus I have not been able to shake the thought of the possibility of this (virus) being a scorched-earth move by China as a response to DJT's "trade war". It definitely checks all the boxes in regards to crashing the U.S. economy and, with the help of the U.S. media and WHO their reputation and leadership has been elevated to ridiculous, and quite frankly, disgusting levels. It seems a next step might be to begin the process of removing the US dollar as the standard for global trade and naturally weaken it in the process. Is this a trial balloon? Is this nothing to worry about?
PS The article mentions Russia twice. One of those should be Kazakhstan, making eight countries.
Very possible. They were losing the war and realized Trump was gonna be elected again.
Or i it was accidental, they played their hand well with the help of the media.
That’s why we CANNOT let the country forget that many important products must now be made here!
Screw China and any other 3rd rate country. Make it law that certain goods must be made here. Make the list long.
Then we can still win this fight.
China is Asshoe.
This link was posted by Vigilantcitizen on another thread —
Published April 1, it could be an April Fool’s joke. But if serious, it’s quite interesting.
It could have been accidental but once out the Chinese rolled out a future plan since the war effectively was started. That is what I assume. But Im a worse case type.
Desperate people do desperate things. We get to play too
China will never beat the free, work, entrepreneurial spirit of America. Even despite leftist retards in the country. They will be clambering for dollars and whatever else we have once this is over. China is an ant, albeit a big ant compared to USA.
Well whenever the worst case turns out not to be true then you get to be happy :)
Not a terrible way to look at things.
And when the worst case is true you get to say you were right.
You can’t lose :)
Right now we are severely weakened. For them, now is the time.
Im going to accept payment for my accounts receivable ONLY in Pakistani rupees. And Ill convert all my cash assets from dollars to rupees. What could possibly go wrong.
A weaker dollar actually helps the US. Our good become more affordable to the rest of the world so it helps exports and lets us be more competitive on the world market. The US has been wanting out of the reserve currency business for awhile. This could be just what we need.
American corporations, particularly the globalist multi-nationals are slitting their own throats...I should know, I work for one.
Allowing the Chinese to take over manufacturing, technical design, logistics and inviting them into our corporations, research facilities and institutions of higher learning are setting America up for a huge disaster and have been for decades.
It's insane!! The Chi-coms are not just being invited, they are infiltrating via other Asian countries....such as Taiwan.
Chinese communist are burrowing into societies such as Taiwan, creating citizens of those countries for the express purpose of espionage. Sending these “Taiwanese” over to work alongside Americans on our soil and gleaning technology on a daily basis.
It's happening as we speak and this is why China has gained such economic and military power so rapidly.
Globalist leaders in congress, corporate America will sell their mama for the almighty $$$. Dollars over loyalty to the country of their birth. Money over national security.
If Covid-19 really is a bio-weapon aimed at the United States, why would they release it among their own population first and not care about the consequences if it also reduced populations around the rest of the world?
Releasing it first among your own populations and into known streams of contagion spread (international air travel) is certainly cynical enough and far-reaching enough to be sure the United States gets it and with some deflecting cover besides.
But the world knows it came out of China and I don’t think any other country hates us enough to be happy in sharing our Covid-19 fate. Especially when the world knows we’ll likely to be the first to develop an effective treatment and/or cure while they languish until treatments finally reach them.
The article is from March 17th referring to a March 18th meeting. Did that meeting ever happen?
We may have quality, but they have quantity and, when their blue water build out has a few moire years the whole formula will alter.
Mine a couple of their ports where food comes in, rod from god the Three Gorges Dam, take out a couple key transport junctions, and China devolves into warring feudal lords with nukes.
China needs food.
Trump and Bolsanaro control a LOT of food.
This will not work. They will manipulate their currencies for trade advantage. China? Class? Anyone? This is a surefire train wreck.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.