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India Abandons US Dollar In Trade Deal With Malaysia
trending politics ^ | April 1, 2023Updated:April 1, 2023 | By Paul AubertApril 1,

Posted on 04/01/2023 7:58:32 PM PDT by RaceBannon

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To: Soul of the South

That oughta do it.


81 posted on 04/02/2023 9:14:27 AM PDT by curious7
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To: RaceBannon

Once the USD crashes, and the hard times arrive in force: you guys have a lot going for you.

Just for instance:

* An armed populace which is more politically engaged than those of most countries.
* Easily defensible borders - at least in principle.
* No lack of natural resources - at least in principle.
* The Constitution


82 posted on 04/02/2023 10:21:02 AM PDT by agere_contra
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To: agere_contra

Trump won in a landslide, and was cheated out of it. You guys didn’t do this to yourselves. The Left did it all.


83 posted on 04/02/2023 10:25:44 AM PDT by agere_contra
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To: RaceBannon

When I was in India on a job a couple of decades ago, I took a walk and saw a sign that said something like “Severe fine for littering!” The amount of the fine was about a quarter. Since we have the Biden gang running things now, Indian currency might be a little stronger compared to ours.


84 posted on 04/02/2023 11:42:37 AM PDT by ding_dong_daddy_from_dumas (I never watched)
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To: agere_contra

our officials are not following the constitution now and especially in the last 3 years, what makes you think they will use it correctly after the fall?

...(sigh)...


85 posted on 04/02/2023 11:54:34 AM PDT by RaceBannon (Rom 5:8 But God commendeth his love toward us, in that, while we were yet sinners, Christ died for )
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To: mdmathis6

I don’t like the implications any more than you do, but math is math. If your interest rates rise, because you are no longer the reserve currency, it has to be paid for somehow.


86 posted on 04/02/2023 12:12:23 PM PDT by Jonty30 (It is not how many that go into Mexico that counts. It is how many that return from Mexico.)
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To: Reno89519

Oh, THERE’s that scorecard I was looking for!

Now, so long as we’re keeping score of who’s friendly and who’s not...

You mentioned India, Russia, China, North Korea, Mexico, and a host of Islamic Cult countries; countries that that are working with the BRICS alliance. But who else?

From your quote regarding India: “...They trade with Russia, funding Russia...”

Japan: recently agree for NEW oil deals with Russia.
France: has resumed buying oil from Russia.

Now, before I continue, Russia is about the only country in the planet supplying enriched uranium. But I digress...

New BRICS Applicants:
Algeria applied in 2022
Argentina applied in 2022
Iran applied in 2022

Nations interested in membership
Afghanistan]
Egypt
Indonesia
Saudi Arabia
Syria
Turkey <— so called NATO ally

BRICS Expansion Dialogue participant nations
Kazakhstan
Nicaragua
Nigeria
Senegal
Thailand
United Arab Emirates

According to other news reports, the following nations have at least expressed interest:

Algiers, Argentina, Bahrain, Bangladesh, Indonesia, Iran, Egypt, Mexico, Nigeria, Pakistan, Sudan, Syria, Turkey, the United Arab Emirates, Venezuela, and Zimbabwe.

Note on this list are Egypt, Nigeria, Sudan, Zimbabwe, Kenya, and South Africa (host member). In real terms, that’s ALL of Africa .

Brazil, Argentina, Venezuela? If they join, you can assume the rest of South American will follow.

And throw in the Shanghai Cooperation Organization (SCO) which is made up of India, Russia, Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan.

Now, take a look at a globe and highlight all these countries. Then take a look at what’s left.

Bottom Line, the world is slowing ditching the dollar. If we’d like to consider anyone doing business with Russia and/or China as an enemy, then we may soon have little to know friends left.


87 posted on 04/03/2023 12:33:33 PM PDT by jimjohn (We're at war, people. Start acting like it.)
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To: jimjohn
Yes, we'll be left standing nearly alone, but still under constant invasion from these same countries as they try to legally or illegally go to the US. I've traveled to 50 countries over the years, none remotely compare to the US. Moreover, everyone seems to have knee-jerk hate the US yet they wear American clothes, listen to American music, watch American movies, and eat American food. And, nearly all want to come to America.

None of that changes when the abandon the dollar, but it does raise concerns and opportunities. First, maybe we stop funding their defense? Maybe we bring our troops home? Maybe we deport their citizens? Maybe we stop buying their products? Maybe, yes, maybe time for us to play hardball.

88 posted on 04/03/2023 1:08:35 PM PDT by Reno89519 (I stand with Trump Against Political Persecution. As DeSantis Says, It Is Un-American.)
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To: Reno89519

... and will and can China replace the funding we provide all of these countries? I seriously doubt it.


89 posted on 04/03/2023 1:10:09 PM PDT by Reno89519 (I stand with Trump Against Political Persecution. As DeSantis Says, It Is Un-American.)
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To: Soul of the South
Significantly downsize the central government.

Yeah.

Right.

Make any serious move to reduce the single largest US Government program, and the supposed 'conservatives' on this very forum will excoriate you.

"Conservatives" are addicted to socialism.

90 posted on 04/03/2023 1:14:27 PM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: Jonty30

That’s why i think they’ll try to go international Jubilee but the greedy bastards who run things trust each least than they would the little people.


91 posted on 04/03/2023 11:43:15 PM PDT by mdmathis6 (A horrible historic indictment: Biden Democrats plunging the world into war to hide their crimes!)
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