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re: China, Russia, India now setting up separate banking standards.

Posted on 3/10/22 at 7:29 am to
Posted by Caraway Rye
Member since Oct 2021
5108 posts
Posted on 3/10/22 at 7:29 am to
Good for them

They are doing what is best for them

Unlike our fricking disgrace of a government that doesnt give a single shite about the country they run
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
468041 posts
Posted on 3/10/22 at 7:29 am to
quote:

loans/ credit cards with good credit would be at 9-10% interest in a few years but savings accounts would be at 8-10%. So it would hurt folks short term but we would come out stronger by far. The credit industry would collapse as we know it. And that’s not a bad thing.

What about the rates on our national debt?
Posted by cajunangelle
Member since Oct 2012
162996 posts
Posted on 3/10/22 at 7:29 am to
quote:

Just the opposite. Getting rid of the USD as the world's reserve currency is a major step toward Globalism. Moreover, the Chinese are already going down the road to installing a Chinese Central Bank digital currency which will eventually eliminate cash. It is being tested in some of their provinces. This, combined with their social credit scoring system, will allow the Chinese government to control all spending.
And when we adopt China's social credit system Biden will say we had to. The USA already has a social justice credit system for large corporations.

It is why tranny men are shaving and fat woman have their period underwear bleed out on their beds on TV. As well as most sitcoms woke ruined.
This post was edited on 3/10/22 at 8:19 am
Posted by Bourre
Da Parish
Member since Nov 2012
23267 posts
Posted on 3/10/22 at 7:39 am to
Why am I not surprised you are the first person to mention Trump in this thread. There’s an actual discussion taking place and you show up with your TDS. You are broken
Posted by Dawgfanman
Member since Jun 2015
25980 posts
Posted on 3/10/22 at 7:47 am to
Covid/dem takeover/Ukraine has cracked our economy and those in charge either did it on purpose or have no idea how to fix it…
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
468041 posts
Posted on 3/10/22 at 7:48 am to
quote:

Why am I not surprised you are the first person to mention Trump in this thread.

quote:

TDS


If you think that post involved "TDS" then I'm shocked you can read words in print.
Posted by Bunk Moreland
Member since Dec 2010
66986 posts
Posted on 3/10/22 at 7:54 am to
I just started glancing at the doomer goldbug sites after like a ten year hiatus and they are spinning the Russian invasion as the beginning of the end for the U.S./dollar.
LINK
Posted by Nosevens
Member since Apr 2019
17395 posts
Posted on 3/10/22 at 7:56 am to
Wanna see the American dollar turn into toilet paper ? This is how it’s done. Next move will be to separate oil from US Currency and you have an implosion of America . All this because of tweets and we are / can do nothing but watch .
Posted by squid_hunt
Baton Rouge
Member since Jan 2021
11272 posts
Posted on 3/10/22 at 7:58 am to
quote:

either did it on purpose or have no idea how to fix it…

Spoiler Alert: They did it on purpose.
Posted by Eurocat
Member since Apr 2004
16635 posts
Posted on 3/10/22 at 7:59 am to
America, UK, Britain and Japan and the entire EU should simply say, you can either use one of our currency or Russia and China's.

No sane person would choose India and Russian money over the Dollar, Yeh, Pound and Euro.

Don't worry about China, companies are there because they want to sell there not use their money. All western places (like Hilton hotels) allow you to pay in dollars if you want. They will not want that to stop.

Russia and India are big and poor. China is big and "kinda middle".

No one would choose them over us, especially if the choice is us vs them.

Not worried.
Posted by member12
Bob's Country Bunker
Member since May 2008
33087 posts
Posted on 3/10/22 at 8:00 am to
Posted by AUX3
Member since Dec 2010
3884 posts
Posted on 3/10/22 at 8:04 am to
Yes, Biden has a great tone. He’s such a statesman. Trump could cause WW3.

Bahahaha- idiots just idiots that voted for that guy and that party. Wow just wow
Posted by Eurocat
Member since Apr 2004
16635 posts
Posted on 3/10/22 at 8:06 am to
Option B.

Tell India that if they do this all cash to them in the form of military aid ends effective immediately.

Every dime we send them will instead be sent to their arch rival twice two (the doubling is the price of pissing us off).

Yeah, I don't think they will agree to this currency deal.
Posted by TheRoarRestoredInBR
Member since Dec 2004
31039 posts
Posted on 3/10/22 at 8:14 am to
They must listen to Charlie Ward's pod...Quantum Financial System..Nesara..Gesera..

I kid..I kid.

But, seriously, they can smell what's coming with the Central Banks, Federal Reserve, IMF, IBS, and Rothschild Global Banking Cabal.

Dalio, Schiff, Kiyosaki, Rodgers, Gammon,etc...have been warning for years now of what is nearing.
Posted by Jjdoc
Cali
Member since Mar 2016
55430 posts
Posted on 3/10/22 at 8:15 am to
Need links..
Posted by idlewatcher
Planet Arium
Member since Jan 2012
93051 posts
Posted on 3/10/22 at 8:18 am to
quote:

They are replacing visa and Mastercard with a different pay system.


Going to love this when Visa and Mastercard only have a small niche here
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
65294 posts
Posted on 3/10/22 at 8:20 am to
Stick to movie reviews
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64188 posts
Posted on 3/10/22 at 8:20 am to
quote:

Congrats to the US for bringing them all together. Imagine if we could all take our money out of Western "banking".



That's what happens when you become ideologically totalitarian. Did the ESG system not bring us closer to "non-white" countries? Wasn't that whole thing supposed to be inviting to non-westerners? Or is it exactly what we all know it to be? An out-of-touch rich white coastal elite social experiment to make rich white elites feel better at the expense of middle and lower class whites.
Posted by fwtex
Member since Nov 2019
3265 posts
Posted on 3/10/22 at 8:21 am to
quote:

Option B.

Tell India that if they do this all cash to them in the form of military aid ends effective immediately.



This is my thought as well. I would make the msg very clear that any country that decides Russia and China is who they want to align economically then ALL US and European aid is ended. This is a must do.

Other than that then I have no problem with them trying to establish a separate banking system. It will fail miserably for them on a global scale.

What this does signal though is China getting ready to acknowledge their war against the west. They will need this separate banking system and then they will use it against all the countries they now have in the Belt and Road initiative. This is a wake up call for all these countries that think China is a good business partner.
Posted by Eurocat
Member since Apr 2004
16635 posts
Posted on 3/10/22 at 8:23 am to
This is why it would be great if the Trans Pacific Partnership still existed.

But Trump ripped that up.
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