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BRICS Ministers of Finance Hold a Meeting—It Is Time to Replace Western Financial Trade Mechanisms and Remove The Dollar
Conservative Treehouse ^ | 4/9/22 | Sundance

Posted on 04/10/2022 6:41:11 AM PDT by hardspunned

This is not some grand conspiracy, ‘out there‘ deep geopolitical possibility, or foreboding likelihood as an outcome of short-sighted western emotion. No, this is just a predictable outcome from western created events that pushed specific countries to a natural conclusion based on their best interests.

You can debate the motives of the western leaders who structured the sanctions against Russia, and whether they knew the outcome would happen as a consequence of their effort, but the outcome was never really in doubt. Personally, I believe this outcome is what the west intended. The people inside the World Economic Forum are not stupid – ideological, yes, but not stupid. They knew this would happen.

(Excerpt) Read more at theconservativetreehouse.com ...


TOPICS: Business/Economy
KEYWORDS: brics; dollar; sundance; theusualsuspects; ukrainicorns; wef
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1 posted on 04/10/2022 6:41:11 AM PDT by hardspunned
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To: All

Good luck to BRICS


2 posted on 04/10/2022 6:42:26 AM PDT by escapefromboston (Free Chauvin)
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To: hardspunned

I’m surprised it has taken so long; the recent propaganda push by the US media coupled with the sanctions to punish the Russian people make this inevitable. Muslims already have small-scale mechanisms in place to avoid the international banking system dominated by the US; they used it to transfer funds around prior to 9/11. It was basic and low-tech, and it worked.


3 posted on 04/10/2022 6:43:55 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: escapefromboston

“Good luck to BRICS”

Tell me about it - we proved to be unreliable to them. Not much to lose at this point by going elsewhere.


4 posted on 04/10/2022 6:44:37 AM PDT by BobL (Putin isn't sending gays into our schools to groom my children, but anti-Putin people are)
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To: hardspunned

I think some of those nations separating themselves out from our financial systems is a good thing. At this point, reducing our economic relations with China is in our long-term national interest.


5 posted on 04/10/2022 6:44:45 AM PDT by Bruce Campbells Chin
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To: BobL

Self inflicted wound. Sad.


6 posted on 04/10/2022 6:46:56 AM PDT by griswold3 (When chaos serves the State, the State will encourage chaos)
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To: hardspunned

Personally, I believe this outcome is what the west intended. The people inside the World Economic Forum are not stupid – ideological, yes, but not stupid. They knew this would happen.


7 posted on 04/10/2022 6:47:17 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: Bruce Campbells Chin

“At this point, reducing our economic relations with China is in our long-term national interest.”

I agree.


8 posted on 04/10/2022 6:49:56 AM PDT by ought-six (Multiculturalism is national suicide, and political correctness is the cyanide capsule. )
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To: hardspunned

BRICS leaders are aligned as anti-corporatist. That doesn’t necessarily make those government leaders better stewards, it simply means they want to make the decisions, and they do not want corporations to become more powerful than they are. As a result, if you really boil it down to the common denominator, what you find is the BRICS group are the opposing element to the World Economic Forum assembly.


So the issue is power. Who is going to make the decision. Govts(plural) or one world power.


9 posted on 04/10/2022 6:50:10 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: kearnyirish2

“I’m surprised it has taken so long”

It has taken so long for the same reason it won’t happen now. There is no real alternative to the USD as the unit of international trade.


10 posted on 04/10/2022 6:51:10 AM PDT by Renfrew
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To: All

LOL...Not happening folks.


11 posted on 04/10/2022 6:51:45 AM PDT by rbmillerjr (Defeating China is impossible without understanding that Russia is our enemy)
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To: BobL
“O’Bozo”, and now Joe, have succeeded in making the US wholly irrelevent
12 posted on 04/10/2022 6:53:33 AM PDT by SMARTY (“Liberalism is totalitarianism with a human face.” Thomas Sowell)
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To: BobL
Europe and America.


13 posted on 04/10/2022 6:56:20 AM PDT by Travis McGee (EnemiesForeignAndDomestic.com)
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To: Renfrew

May be truth but part of the judgments to fall may be the worlds attempt to dismantle the dollar. The dollar may have been put in place by God(never mind what the illumists and other dark forces THINK they did) to keep the world from flying apart in war, famine and utter economic and social chaos after 1945, what with the communist menace, ect. Decouple the dollar with no other sure system to replace it other than some ‘plan’ for a universal currency and world government and war and chaos will erupt. In steps the evil One as the restrainer is removed and you have hell on Earth because of our universal rebellion against God!


14 posted on 04/10/2022 7:03:03 AM PDT by mdmathis6 (A horrible historic indictment: Biden Democrats plunging the world into war to hide their crimes!)
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To: Renfrew

The USD is just paper, and stayed on top because of the stability behind it. As that stability declines, and more and more of the “assets” supporting it are just paper, alternatives will arise.

Right now the US government has devalued the dollar with high inflation; the world has noticed. The countries selling us their raw materials and cheap offshore labor can bargain for better.


15 posted on 04/10/2022 7:04:00 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: hardspunned

16 posted on 04/10/2022 7:04:11 AM PDT by Travis McGee (EnemiesForeignAndDomestic.com)
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To: rbmillerjr

“LOL...Not happening folks.”

Article says it is, so do you have a link otherwise?


17 posted on 04/10/2022 7:04:54 AM PDT by BobL (Putin isn't sending gays into our schools to groom my children, but anti-Putin people are)
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To: kearnyirish2

The Commodity-Currency Revolution Begins...

https://www.zerohedge.com/geopolitical/commodity-currency-revolution-begins

We will look back at current events and realize that they marked the change from a dollar-based global economy underwritten by financial assets to commodity-backed currencies. We face a change from collateral being purely financial in nature to becoming commodity based. It is collateral that underwrites the whole financial system.

The ending of the financially based system is being hastened by geopolitical developments. The West is desperately trying to sanction Russia into economic submission, but is only succeeding in driving up energy, commodity, and food prices against itself. Central banks will have no option but to inflate their currencies to pay for it all.
[rest at link]


18 posted on 04/10/2022 7:05:28 AM PDT by Travis McGee (EnemiesForeignAndDomestic.com)
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To: Travis McGee

The blue countries combined GDP is 40 TRILLION. The red countries GDP is 1.4 and probably now 1 TRILLION. Land mass MEANS ZERO but those that don’t have a clue on this topic display it.


19 posted on 04/10/2022 7:08:41 AM PDT by BiglyCommentary
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To: mdmathis6

These countries have amazing natural resources and are not afraid to take advantage of them ( ie no environmental loons ). Most of the iron melted in the US used Pig Iron, either from Brazil, or Russia or China. All our Nickel is mined offshore ( high alloy steel airplanes, defense )

The Washington elite ( both sides ) don’t give a damn about any of this because 1) they really don’t know now the economy works 2) their economy is all about ideas, not actual production

Finally, the west has painted itself into a terrible position, with all sorts of debt. Our economies will crumble, the East will win the Economic war and our citizens will look to a new form of government when it all falls apart. New World Order. For an individual or business, debt is deadly. Why is it different with a nation.......it isn’t. History shows there is alway a point of reckoning.


20 posted on 04/10/2022 7:11:12 AM PDT by SteelPSUGOP
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