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Now Iran and Argentina are joining BRICS. US dollar f’d.

Posted on 6/27/22 at 10:10 pm
Posted by GumboPot
Member since Mar 2009
118566 posts
Posted on 6/27/22 at 10:10 pm
quote:

DUBAI (Reuters) - Iran has submitted an application to become a member in the group of emerging economies known as the BRICS, an Iranian official said on Monday.

Iran's membership in the BRICS group, which includes Brazil, Russia, India, China and South Africa, "would result in added values for both sides," Iran's Foreign Ministry spokesperson said.

Russian Foreign Ministry spokeswoman Maria Zakharova said separately that Argentina had also applied to join the group. Argentinian officials could not be reached for immediate comment.

Argentina's President Alberto Fernandez, currently in Europe, has in recent days reiterated his desire for Argentina to join BRICS.


LINK

Putin is laughing at our sanctions. America is so weak right now.

Posted by sta4ever
The Pit
Member since Aug 2014
15057 posts
Posted on 6/27/22 at 10:17 pm to
Both the West and BRICS are going to struggle during this economic war. Both need each other.
Posted by Hobnailboot
Minneapolis
Member since Sep 2012
6094 posts
Posted on 6/27/22 at 10:21 pm to
Bro Brazil, Iran, and Argentina have super shitty economies
Posted by LSUSkip
Central, LA
Member since Jul 2012
17516 posts
Posted on 6/27/22 at 10:24 pm to
Might as well add Venezuela.
Posted by diat150
Louisiana
Member since Jun 2005
43452 posts
Posted on 6/27/22 at 10:39 pm to
quote:

Bro Brazil, Iran, and Argentina have super shitty economies


Its not about their economies… its about bypassing our economy.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 6/27/22 at 10:46 pm to
Do you really believe people want to have their cash in Russian, Iranian or Argentinian currency?
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 6/27/22 at 10:49 pm to
quote:

Its not about their economies… its about bypassing our economy.


Yeah people want to bank with a bunch of cleptocracy ghetto counties.
Posted by Tridentds
Sugar Land
Member since Aug 2011
20323 posts
Posted on 6/27/22 at 10:52 pm to
quote:

Its not about their economies… its about bypassing our economy


Seriously… I don’t think even educated people understand how significant this stuff is.

Posted by Rip Torn
Member since Mar 2020
2285 posts
Posted on 6/27/22 at 10:54 pm to
In order to bypass our economies, you have to have actual markets to sell in not just on paper
Posted by Bass Tiger
Member since Oct 2014
45944 posts
Posted on 6/27/22 at 10:56 pm to
quote:

Its not about their economies… its about bypassing our economy.


Yeah people want to bank with a bunch of cleptocracy ghetto counties.



What do you think many nations believe the US to be? This country is no longer considered the “shining light on the hill”, the country that was once respected around the world for it’s higher moral integrity…..that’s all officially gone baw!
Posted by BuckyCheese
Member since Jan 2015
48733 posts
Posted on 6/27/22 at 10:57 pm to
quote:

The BRICS have a combined area of 39,746,220 km2 (15,346,101.0 sq mi) and an estimated total population of about 3.21 billion,[3] or about 26.7% of the world land surface and 41.5% of the world population. Four out of five members are among the world's ten largest countries by population, by area and GDP, except for South Africa which is twenty-third in both.

Members of G20, as of 2018, these five states had a combined nominal GDP of US$19.6 trillion, about 23.2% of the gross world product, a combined GDP (PPP) of around US$40.55 trillion (32% of the world's GDP PPP), and an estimated US$4.46 trillion in combined foreign reserves.[4][5]


Yeah, that's nothing to worry about.

That's just 5 countries. Your hubris is impressive if you think that is nothing to worry about.
This post was edited on 6/27/22 at 10:59 pm
Posted by BuckyCheese
Member since Jan 2015
48733 posts
Posted on 6/27/22 at 11:00 pm to
quote:

Yeah people want to bank with a bunch of cleptocracy ghetto counties.


Who wants to bank with a group that freezes your assets and steals your yachts if you don't toe the line?
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 6/27/22 at 11:00 pm to
quote:

What do you think many nations believe the US to be? This country is no longer considered the “shining light on the hill”, the country that was once respected around the world for it’s higher moral integrity…..that’s all officially gone baw!


The rest of the world isn’t being swallowed up by magatard madness, but feel free to convert your cash to Russian, Iranian or Argentinian currency.
This post was edited on 6/27/22 at 11:02 pm
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 6/27/22 at 11:02 pm to
quote:

Who wants to bank with a group that freezes your assets and steals your yachts if you don't toe the line?


People who aren’t part of a mafia country and want actual stability? Am I taking crazy pills???
Posted by Bass Tiger
Member since Oct 2014
45944 posts
Posted on 6/27/22 at 11:03 pm to
quote:

The rest of the world isn’t being swallowed up magatard madness, but feel free to convert your cash to Russian, Iranian or Argentinian currency.


There’s an increasing number of nations who no longer trust the US….its just the facts. The Afghanistan Debacle alone destroyed generations of US credibility.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 6/27/22 at 11:06 pm to
quote:

There’s an increasing number of nations who no longer trust the US


Yeah, Russia, Iran and Argentina are your list.

quote:

The Afghanistan Debacle alone destroyed generations of US credibility.


We’re talking about the economy, the reserve currency.

You just have the maga brain worms that make you project your feels onto facts.
This post was edited on 6/27/22 at 11:07 pm
Posted by Bass Tiger
Member since Oct 2014
45944 posts
Posted on 6/27/22 at 11:13 pm to
quote:

There’s an increasing number of nations who no longer trust the US


Yeah, Russia, Iran and Argentina are your list.

quote:
The Afghanistan Debacle alone destroyed generations of US credibility.


We’re talking about the economy, the reserve currency.


Yeah, Biden’s attempted monetary war against the Ruble really crushed Russia…. The USD is the world’s reserve currency because the nations of the world believe our economy and military are the strongest in the world….there are some who acknowledge that reality is in jeopardy. We’re a considerably weaker nation than we were just 18 months ago.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 6/27/22 at 11:16 pm to
quote:

The USD is the world’s reserve currency because the nations of the world believe our economy and military are the strongest in the world


Does anyone with a brain question the above and the overall stability of our economy? Would any serious person ask for rubles, dinars or pesos over dollars? You’re clearly letting your maga grievances cloud your judgement.
Posted by Bass Tiger
Member since Oct 2014
45944 posts
Posted on 6/27/22 at 11:19 pm to
quote:

Does anyone with a brain question the above and the overall stability of our economy? Would any serious person ask for rubles, dinars or pesos over dollars? You’re clearly letting your maga grievances cloud your judgement.



It’s the current negative trend of the US that has sowed doubts about the US position on the global totem pole
Posted by GnashRebel
Member since May 2015
8174 posts
Posted on 6/27/22 at 11:21 pm to
quote:

Putin is laughing at our sanctions. America is so weak right now.


Your boy Putin defaulted on foreign debt
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