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End of Sodom USA: Russia and China dumping use of the US dollar | |
| Anonymous Coward User ID: 77396442  United States08/09/2020 09:10 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 73382454 United States08/09/2020 09:10 PM Report Abusive Post Report Copyright Violation | |
boutreality  User ID: 78257745 United States08/09/2020 09:17 PM  Report Abusive Post Report Copyright Violation | USA is sodom, but the Chinese and the Russians are great. Is that what you're saying Commie? Quoting: jpop I didn't read it that way; it's the global Elite and their henchmen in control of the World's economic future, this is a stage undermining US national sovereignty for economic global reserve banking-based reasons. Thread: THE TRADE WAR DISTRACTION -OP is all about that. Last Edited by boutreality on 08/09/2020 09:17 PM A New Gnosis |
LoneStarRising Forum Moderator User ID: 73370917 United States08/09/2020 09:19 PM  Report Abusive Post Report Copyright Violation | Russia and China are partnering to reduce their dependence on the dollar — a development some experts say could lead to a “financial alliance” between them. Quoting: Flush it 79247412 In the first quarter of 2020, the dollar’s share of trade between Russia and China fell below 50% for the first time on record, according to recent data from Russia’s Central Bank and Federal Customs Service. The greenback was used for only 46% of settlements between the two countries. At the same time, the euro made up an all-time high of 30%, while their national currencies accounted for 24%, also a new high. Russia and China have drastically cut their use of the dollar in bilateral trade over the past several years. As late as 2015, approximately 90% of bilateral transactions were conducted in dollars. Following the outbreak of the U.S.-China trade war and a concerted push by both Moscow and Beijing to move away from the dollar, however, the figure had dropped to 51% by 2019. Alexey Maslov, director of the Institute of Far Eastern Studies at the Russian Academy of Sciences, told the Nikkei Asian Review that the Russia-China “dedollarization” was approaching a “breakthrough moment” that could elevate their relationship to a de facto alliance. [link to asia.nikkei.com (secure)] 80% of all international trade is settled in US dollars. They is no replacement currency that even come close. Nobody is going to use the Chinese Yuan. The have a closed currency account and nobody outside of China knows what is really on their books. No other country is going to move to the Yuan with that kind of funny-money shit going on. Read and learn a few things OP: Why the US Dollar Is the Global Currency [link to www.thebalance.com (secure)] China Is Nowhere Near Replacing The Dollar [link to www.forbes.com (secure)] Included in the 1st article you cited: "The Bottom Line Despite trillions of dollars in foreign debt and continuous large deficit spending, the United States still holds global trust and confidence in its ability to pay its obligations. For this reason, the U.S. dollar remains the strongest world currency. It may continue to be the top global currency in the years to come. The dollar’s current number one status is under contention though. Countries such as China and Russia feel a new one-world currency, one not backed by any one nation, is overdue in this increasingly integrated global economy." So countries willing to upset the apple cart and Zio-World Order, like say: Russia, Brazil, China, India, South Africa, perhaps Japan, et al have been stockpiling tons and tons and tons of hard currency, touch it, feel it gold; the hedge against any and all world 'paper' currency; with as good a guarantee as their most precarious and teetering humongous debt and debt servicing. We'll see how long the house of cards can whether the growing storm. China has a closed capital account. No one but the Chicoms knows what their books really look like. They have zero chance of convincing other countries to hold a currency with no transparency. Plus China and Europe never recapitalized their banks after the 2008 crisis. The US did fully recapitalize our banks. The US is going to fair better that either China or Europe in any downturn. There is still no viable alternative to the US Dollar. It will happen one day. But it is not on the horizon for now. LoneStarRising |
| Anonymous Coward User ID: 79248645 United States08/09/2020 09:20 PM Report Abusive Post Report Copyright Violation | |
| boutreality User ID: 78257745 United States08/09/2020 09:33 PM Report Abusive Post Report Copyright Violation | Russia and China are partnering to reduce their dependence on the dollar — a development some experts say could lead to a “financial alliance” between them. Quoting: Flush it 79247412 In the first quarter of 2020, the dollar’s share of trade between Russia and China fell below 50% for the first time on record, according to recent data from Russia’s Central Bank and Federal Customs Service. The greenback was used for only 46% of settlements between the two countries. At the same time, the euro made up an all-time high of 30%, while their national currencies accounted for 24%, also a new high. Russia and China have drastically cut their use of the dollar in bilateral trade over the past several years. As late as 2015, approximately 90% of bilateral transactions were conducted in dollars. Following the outbreak of the U.S.-China trade war and a concerted push by both Moscow and Beijing to move away from the dollar, however, the figure had dropped to 51% by 2019. Alexey Maslov, director of the Institute of Far Eastern Studies at the Russian Academy of Sciences, told the Nikkei Asian Review that the Russia-China “dedollarization” was approaching a “breakthrough moment” that could elevate their relationship to a de facto alliance. [link to asia.nikkei.com (secure)] 80% of all international trade is settled in US dollars. They is no replacement currency that even come close. Nobody is going to use the Chinese Yuan. The have a closed currency account and nobody outside of China knows what is really on their books. No other country is going to move to the Yuan with that kind of funny-money shit going on. Read and learn a few things OP: Why the US Dollar Is the Global Currency [link to www.thebalance.com (secure)] China Is Nowhere Near Replacing The Dollar [link to www.forbes.com (secure)] Included in the 1st article you cited: "The Bottom Line Despite trillions of dollars in foreign debt and continuous large deficit spending, the United States still holds global trust and confidence in its ability to pay its obligations. For this reason, the U.S. dollar remains the strongest world currency. It may continue to be the top global currency in the years to come. The dollar’s current number one status is under contention though. Countries such as China and Russia feel a new one-world currency, one not backed by any one nation, is overdue in this increasingly integrated global economy." So countries willing to upset the apple cart and Zio-World Order, like say: Russia, Brazil, China, India, South Africa, perhaps Japan, et al have been stockpiling tons and tons and tons of hard currency, touch it, feel it gold; the hedge against any and all world 'paper' currency; with as good a guarantee as their most precarious and teetering humongous debt and debt servicing. We'll see how long the house of cards can whether the growing storm. China has a closed capital account. No one but the Chicoms knows what their books really look like. They have zero chance of convincing other countries to hold a currency with no transparency. Plus China and Europe never recapitalized their banks after the 2008 crisis. The US did fully recapitalize our banks. The US is going to fair better that either China or Europe in any downturn. There is still no viable alternative to the US Dollar. It will happen one day. But it is not on the horizon for now. 1. China and Russia as TRADE PARTNERS to the US, lessening the amount of debt the US dollar can payback (representing the value of their trade partner's currency), FORCES GLOBAL TRADE FOR THE US TO BE ASSOCIATED TO MARKERS SET BY OTHER TRADE PARTNERS, like Canada and Mexico. So yes, the US currency will "remain strong", once set to American Continent Economic Production. 2. Does ANYONE remember the "American Union Plan"? -That's the move. The enemy thinks globally. Last Edited by boutreality on 08/09/2020 09:50 PM A New Gnosis |
| Anonymous Coward User ID: 78934172 United States08/09/2020 09:35 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 76448548 United States08/09/2020 09:46 PM Report Abusive Post Report Copyright Violation | USA is sodom, but the Chinese and the Russians are great. Is that what you're saying Commie? Quoting: jpop Every empire in the history of the world has collapsed. EVERY SINGLE ONE That's the fact of it. yup You jackoffs have no idea the definition of an empire do ya? Only wat da tv tell u? What people do we control other than those who belong to our Union? |
| Anonymous Coward User ID: 77732153 United States08/09/2020 09:48 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 76448548 United States08/09/2020 09:50 PM Report Abusive Post Report Copyright Violation | USA is sodom, but the Chinese and the Russians are great. Is that what you're saying Commie? Quoting: jpop Every empire in the history of the world has collapsed. EVERY SINGLE ONE That's the fact of it. yup You jackoffs have no idea the definition of an empire do ya? Only wat da tv tell u? What people do we control other than those who belong to our Union? cont..fuckin Chinese have just taken Control of Hong Kong which was part of the British Empire. People in HK are revolting against your Chinese masters. That makes them the current empire. Morons. |
| Anonymous Coward User ID: 79241264 United States08/09/2020 09:52 PM Report Abusive Post Report Copyright Violation | Russia and China are partnering to reduce their dependence on the dollar — a development some experts say could lead to a “financial alliance” between them. Quoting: Flush it 79247412 In the first quarter of 2020, the dollar’s share of trade between Russia and China fell below 50% for the first time on record, according to recent data from Russia’s Central Bank and Federal Customs Service. The greenback was used for only 46% of settlements between the two countries. At the same time, the euro made up an all-time high of 30%, while their national currencies accounted for 24%, also a new high. Russia and China have drastically cut their use of the dollar in bilateral trade over the past several years. As late as 2015, approximately 90% of bilateral transactions were conducted in dollars. Following the outbreak of the U.S.-China trade war and a concerted push by both Moscow and Beijing to move away from the dollar, however, the figure had dropped to 51% by 2019. Alexey Maslov, director of the Institute of Far Eastern Studies at the Russian Academy of Sciences, told the Nikkei Asian Review that the Russia-China “dedollarization” was approaching a “breakthrough moment” that could elevate their relationship to a de facto alliance. [link to asia.nikkei.com (secure)] If China pegs to the euro, we peg gold backed dollar to the ruble. How ya like that shit |
| The Deplorable Truth User ID: 79178086 United States08/09/2020 10:05 PM Report Abusive Post Report Copyright Violation | |
| The Deplorable Truth User ID: 79178086 United States08/09/2020 10:11 PM Report Abusive Post Report Copyright Violation | There isn't one single country on this planet that's free from corruption. We're trying to end it in our own country and instead of attacking us, you should be addressing it in your own countries too. The light shines in the darkness, and the darkness has not overcome it. —John 1:5 |
| 666 Beast Hunter User ID: 72695853 United States08/09/2020 10:16 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 79178057 United States08/09/2020 10:20 PM Report Abusive Post Report Copyright Violation | you all better be ready for war, because they WILL go to war over this. Quoting: FreeNewsForum this is the reason WWI and WWII, and the civil war was fought. possibly revolutionary war,too was to issue their own script but i don't know for sure Because we cant get our free and cheap shit from other countries? Who is the freeloader now? |
| boutreality User ID: 78257745 United States08/09/2020 10:22 PM Report Abusive Post Report Copyright Violation | Russia and China are partnering to reduce their dependence on the dollar — a development some experts say could lead to a “financial alliance” between them. Quoting: Flush it 79247412 In the first quarter of 2020, the dollar’s share of trade between Russia and China fell below 50% for the first time on record, according to recent data from Russia’s Central Bank and Federal Customs Service. The greenback was used for only 46% of settlements between the two countries. At the same time, the euro made up an all-time high of 30%, while their national currencies accounted for 24%, also a new high. Russia and China have drastically cut their use of the dollar in bilateral trade over the past several years. As late as 2015, approximately 90% of bilateral transactions were conducted in dollars. Following the outbreak of the U.S.-China trade war and a concerted push by both Moscow and Beijing to move away from the dollar, however, the figure had dropped to 51% by 2019. Alexey Maslov, director of the Institute of Far Eastern Studies at the Russian Academy of Sciences, told the Nikkei Asian Review that the Russia-China “dedollarization” was approaching a “breakthrough moment” that could elevate their relationship to a de facto alliance. [link to asia.nikkei.com (secure)] If China pegs to the euro, we peg gold backed dollar to the ruble. How ya like that shit 1. US Dollar is not pegged to gold, and if if it was going to be, post 70s, when last of resource backing (silver) was removed, someone would have lost control of the fed. 2. China and Russia are the "C" & "R" in BRICS- their own NAFTA. (Clinton signed us into NAFTA). Last Edited by boutreality on 08/09/2020 10:23 PM A New Gnosis |
| Anonymous Coward User ID: 79247846  Mexico08/09/2020 10:43 PM Report Abusive Post Report Copyright Violation | Russia and China are partnering to reduce their dependence on the dollar — a development some experts say could lead to a “financial alliance” between them. Quoting: Flush it 79247412 In the first quarter of 2020, the dollar’s share of trade between Russia and China fell below 50% for the first time on record, according to recent data from Russia’s Central Bank and Federal Customs Service. The greenback was used for only 46% of settlements between the two countries. At the same time, the euro made up an all-time high of 30%, while their national currencies accounted for 24%, also a new high. Russia and China have drastically cut their use of the dollar in bilateral trade over the past several years. As late as 2015, approximately 90% of bilateral transactions were conducted in dollars. Following the outbreak of the U.S.-China trade war and a concerted push by both Moscow and Beijing to move away from the dollar, however, the figure had dropped to 51% by 2019. Alexey Maslov, director of the Institute of Far Eastern Studies at the Russian Academy of Sciences, told the Nikkei Asian Review that the Russia-China “dedollarization” was approaching a “breakthrough moment” that could elevate their relationship to a de facto alliance. [link to asia.nikkei.com (secure)]  |
| Trommy User ID: 8645432 United States08/09/2020 10:53 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 76578904  Australia08/09/2020 11:24 PM Report Abusive Post Report Copyright Violation | |
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| Keilani User ID: 77232079 United States08/09/2020 11:33 PM  Report Abusive Post Report Copyright Violation | Russia and China are partnering to reduce their dependence on the dollar — a development some experts say could lead to a “financial alliance” between them. Quoting: Flush it 79247412 In the first quarter of 2020, the dollar’s share of trade between Russia and China fell below 50% for the first time on record, according to recent data from Russia’s Central Bank and Federal Customs Service. The greenback was used for only 46% of settlements between the two countries. At the same time, the euro made up an all-time high of 30%, while their national currencies accounted for 24%, also a new high. Russia and China have drastically cut their use of the dollar in bilateral trade over the past several years. As late as 2015, approximately 90% of bilateral transactions were conducted in dollars. Following the outbreak of the U.S.-China trade war and a concerted push by both Moscow and Beijing to move away from the dollar, however, the figure had dropped to 51% by 2019. Alexey Maslov, director of the Institute of Far Eastern Studies at the Russian Academy of Sciences, told the Nikkei Asian Review that the Russia-China “dedollarization” was approaching a “breakthrough moment” that could elevate their relationship to a de facto alliance. [link to asia.nikkei.com (secure)] 80% of all international trade is settled in US dollars. They is no replacement currency that even come close. Nobody is going to use the Chinese Yuan. The have a closed currency account and nobody outside of China knows what is really on their books. No other country is going to move to the Yuan with that kind of funny-money shit going on. Read and learn a few things OP: Why the US Dollar Is the Global Currency [link to www.thebalance.com (secure)] China Is Nowhere Near Replacing The Dollar [link to www.forbes.com (secure)] right, and add the fact there's been run on banks in China, if their Yuan was healthy, probably wouldn't be happening. |
| Anonymous Coward User ID: 77947157  Canada08/10/2020 12:26 AM Report Abusive Post Report Copyright Violation | |
| th€bbo User ID: 78311171  Finland10/02/2021 11:45 AM Report Abusive Post Report Copyright Violation | We the people of the Planet Earth, in order to form a more perfect union, establish love, insure global harmony, provide for the divine knowledge, promote the I AM connectivity, and secure the blessings of manifestations to ourselves and our posterity, do ordain and establish this Constitution for the Planet Earth. - The Definition of Our Future: Responsible freedom of self determination, becoming truly self-confident and free, to unconditionally be responsible for oneself, without being coerced to accept some higher authority. -- Denn der Mensch ist der Acker und sein Herz sein Baum, sein Werk seine Frucht. -- Paracelsus |
| Captain Texas User ID: 80225842 United States10/03/2021 03:43 AM Report Abusive Post Report Copyright Violation | Russia and China are partnering to reduce their dependence on the dollar — a development some experts say could lead to a “financial alliance” between them. Quoting: Flush it 79247412 In the first quarter of 2020, the dollar’s share of trade between Russia and China fell below 50% for the first time on record, according to recent data from Russia’s Central Bank and Federal Customs Service. The greenback was used for only 46% of settlements between the two countries. At the same time, the euro made up an all-time high of 30%, while their national currencies accounted for 24%, also a new high. Russia and China have drastically cut their use of the dollar in bilateral trade over the past several years. As late as 2015, approximately 90% of bilateral transactions were conducted in dollars. Following the outbreak of the U.S.-China trade war and a concerted push by both Moscow and Beijing to move away from the dollar, however, the figure had dropped to 51% by 2019. Alexey Maslov, director of the Institute of Far Eastern Studies at the Russian Academy of Sciences, told the Nikkei Asian Review that the Russia-China “dedollarization” was approaching a “breakthrough moment” that could elevate their relationship to a de facto alliance. [link to asia.nikkei.com (secure)] 80% of all international trade is settled in US dollars. They is no replacement currency that even come close. Nobody is going to use the Chinese Yuan. The have a closed currency account and nobody outside of China knows what is really on their books. No other country is going to move to the Yuan with that kind of funny-money shit going on. Read and learn a few things OP: Why the US Dollar Is the Global Currency [link to www.thebalance.com (secure)] China Is Nowhere Near Replacing The Dollar [link to www.forbes.com (secure)] The US dollar is backed by the US military. The Russo-Sino Alliance is a military one. IF the US military suffers a major defeat, it will no longer be the reserve currency. |
| Captain Texas User ID: 80225842 United States10/03/2021 03:43 AM Report Abusive Post Report Copyright Violation | Russia and China are partnering to reduce their dependence on the dollar — a development some experts say could lead to a “financial alliance” between them. Quoting: Flush it 79247412 In the first quarter of 2020, the dollar’s share of trade between Russia and China fell below 50% for the first time on record, according to recent data from Russia’s Central Bank and Federal Customs Service. The greenback was used for only 46% of settlements between the two countries. At the same time, the euro made up an all-time high of 30%, while their national currencies accounted for 24%, also a new high. Russia and China have drastically cut their use of the dollar in bilateral trade over the past several years. As late as 2015, approximately 90% of bilateral transactions were conducted in dollars. Following the outbreak of the U.S.-China trade war and a concerted push by both Moscow and Beijing to move away from the dollar, however, the figure had dropped to 51% by 2019. Alexey Maslov, director of the Institute of Far Eastern Studies at the Russian Academy of Sciences, told the Nikkei Asian Review that the Russia-China “dedollarization” was approaching a “breakthrough moment” that could elevate their relationship to a de facto alliance. [link to asia.nikkei.com (secure)] 80% of all international trade is settled in US dollars. They is no replacement currency that even come close. Nobody is going to use the Chinese Yuan. The have a closed currency account and nobody outside of China knows what is really on their books. No other country is going to move to the Yuan with that kind of funny-money shit going on. Read and learn a few things OP: Why the US Dollar Is the Global Currency [link to www.thebalance.com (secure)] China Is Nowhere Near Replacing The Dollar [link to www.forbes.com (secure)] The US dollar is backed by the US military. The Russo-Sino Alliance is a military one. IF the US military suffers a major defeat, it will no longer be the reserve currency. |
