Posted on 08/26/2024 10:24:30 AM PDT by hardspunned
harspunned is on the off-the-rocker anti-semite, kkk caucus here on FR.
of course he disguises it with “I’m American FIRST” mantra
notice that his comment to his post had ZERO correlation. He just likes to bash Israel and either dashes away or insults people.
He’s certainly in the dregs of FR
to answer your question you should ask freeper woodpusher. he’ll gladly tell you what “palestine” is and he’ll give you more then a few proofs from links to the UN and Amnesty international!!!!
They have a currency??
Even Hamas doesn’t support the “two state solution”.
Unless you are advocating for the elimination of Israel so Hamas can have an “independent state”. Which wouldn’t surprise me.
Since China and India see each other as enemies or at least strategic rivals, the idea that BRICS is a real entity is laughable.
There is no such place. They would slso choose to demand the benefits while ignoring the responsibilities and obligations. As always.
Biden can fix this with some military action...sarcasm...
We can’t bribe nations when our money is basically useless. We can’t attack, because we don’t have people in service, or kept up equipment. I WISH it was sarcasm, the last paragraph that is.
If they’ve got the economy of Palestine, we’re doomed. Doomed I tell ya!
BRICS doesn’t run credit checks?
They could call it a brick. Let me know when it becomes convertible with a real currency. I might buy some puts.
From just a short 8 hours ago!! Also note the date for the meeting at the end. My tin-foil hat is pinging me to watch for the United States to rollout some form of new currency in the next 6 weeks. The whole world is going sideways very quickly and most Americans are clueless it is even happening.
Is BRICS about to announce a gold-backed currency?
https://coingeek.com/is-brics-about-to-announce-a-gold-backed-currency/
Back in July, BRICS announced the intention to create a new payment system to rival SWIFT and further the bloc’s stated goal of de-dollarization.
While the exact details of how the system works are not yet confirmed, Former Russian Ambassador to the USA Yury Ushakov made public statements confirming it would use cutting-edge digital technology, including blockchain. He called this an “important goal for the future.”
The system is set to facilitate both cross-border payments and settlements and will not require U.S. Dollars. Further comments made by Russian central banker Elvira Nabiullina suggest that as many as 159 countries have expressed interest in using it, signaling strong international interest in ways to trade that don’t depend on the USD.
In a potentially related move, Russian President Vladimir Putin signed a bill allowing digital currencies to be used for export payments. Evidently, Putin is trying to find ways to trade internationally while under U.S. sanctions due to the war in Ukraine.
Could the BRICS payment system use a gold-backed digital currency?
Anyone familiar with the digital currency industry knows that rumors and speculation circulate widely on little more than suggestive evidence and loosely connected dots. So, it should come as no surprise that there’s been much debate about a potential link between Putin’s bill and the BRICS payment system and whether the “chosen” blockchain’s native token stands to gain in value.
What many seem to be missing is this: if the rumors are true and BRICS released a gold-backed digital currency, what does it mean for the digital gold narrative peddled by BTC proponents? While BTC does have a fixed supply for now and users can take custody of their own coins, there isn’t much real liquidity supporting it, and there are well-known long-term problems with the economics of the system.
Could a gold-backed BRICS currency that is actually useful for trade be more appealing to speculators and those who still believe in both hard money and electronic cash? Time will tell, but as usual, BTC maximalists are intent on asking questions to confirm their biases and only tell one side of the story.
Whatever form the new BRICS payment system and currency takes, de-dollarizing won’t be easy, and it won’t happen quickly. Just look at some stats showcasing how entrenched the USD is in global trade:
On top of the immense power that USD gives Washington, there’s also the issue of sanctions. The U.S. government can also tell any party doing business with entities it has sanctioned (e.g., Russia) that they aren’t welcome in the U.S. markets, restricting access to capital and more. These secondary sanctions are a powerful weapon in Washington’s arsenal.
While some will choose BRICS over the United States for political reasons, it’s unlikely that many will choose to lock themselves out of the world’s largest economy by nominal GDP, especially if other large markets like the EU are aligned with it.
Nonetheless, the BRICS system and currency will pose a meaningful challenge to U.S. financial dominance. Brazil, Russia, India, China, South Africa, and the other members are not to be underestimated and will play an increasingly important role in the future as their economies grow.
What the BRICS system will look like in the future is anyone’s guess, but with its annual summit ahead in Kazan on October 22-24, we may get our first glimpse soon enough.
Do they mint currency? I did not know that Palestine was a country?
The leading export from Palestine, aside from protest signs and scarfs, is rock. I am pretty sure you can get rocks almost anywhere.
Palestine is a driveway in the desert that used to have a trailer parked at the end Now it’s just four spots where the tires used to be.
Britain isn’t in it.
OK. Brazil, then.
And after all the money and aid the US government has given them? Talk about the ultimate stab in the back.
BRICS
Bat-guano retarded insane crazy sociopaths.
Birds of a feather flock together.
Worst of the worst.
No.
There ya go.
The funny thing is that in a few years Brazil will probably be more of a global force than Britain. The US would do well to be friendly to them. They are not the backwards commie hell hole that Venezuela is.
They are trading partners, all BRICS. No tariffs. China and India never fought a major war. Only a few border skirmishes. India has never fought a major war since inception in 1947. And never has a change of government via a coup. Largest democracy by factor of 5, India requires voter ID card with photo issued by central government to vote. USA elections are worse than a banana republic. So much room for cheating, and democrats never let it go to waste. If you add middle class populations in China + India, it would be larger than USA+Europe combined. 3.1 Billion combined population far exceeds USA+Europe. Best of all their economies are growing faster than USA and Europe.
World will look much different in next century. Things are a changing...that is for sure.
Link?
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