This alternative to dollar should have come about decade ago . BRICS should go ahead and bring in the currency at the earliest. Why dollar should dominate ? -as we are heading to a new world order things has to change and change for good .
BRICS's countries will also impose 100% tariffs on USA products too, what happens then in the US? Is a bit too late. Try thinking how to settle the 35 Trillion first.🤣🤣🤣
I wish things were so simple, usa produce those things which 3:00 countries desperately need , brick is a day dream until and unless Russia becomes equal to usa in every way not just military wise.
stopping the printing of US dollar is the very first sign that the de-dollarisation is picking up the speed. secondly trum made elmo the head of the department of efficiency. you think this was a sudden move?😂 this is done because too much debts and exxessive spending was happening in US economy. wait and watch in 2025 there will be a alot of salary cut, job cuts, military spending cuts and lot more. its already tanking and we are seeing the cracks in the small form or gov decisions
Sigh....even when Trump has the right stand on things (which, in this case he does), he manages to take the wrong approach. In this case, he should treat BRICS as what it is: a joke. These are countries that are inherently incapable of creating a common currency. Most of them, including the big ones are in precarious financial situations. (ex. Russia, China and Saudi Arabia) Many of them are in constant political turmoil. (ex. Brazil, South Africa). Most are seeing declining or little foreign investment due to politics, economics and bad governance. (ex. Russia, China, Iran, South Africa, and Egypt.) Several are just plain POOR! (ex. Brazil, Russia, South Africa, Egypt, Ethiopia, and Iran.) And, those are just the CURRENT member states! The vast majority (over 90%) of the potential members are poor and suffer from the same problems of the current member states. Of course, even if you magically dismiss all of these problems, there is a basic impediment that prevents deeper integration between this motley bunch: THEY HATE EACH OTHER. Russia is in direct geopolitical and/or economic conflict with China, India, Saudi Arabia, Kazahkstan, and Turkey. China is in similar conflict with Russia, India, Indonesia, Malaysia, Myanmar, and Vietnam. India is in conflict with China, Pakistan, Bangladesh, and Myanmar. South Africa is in conflict with Angola and Namibia. Of course, the "poster child" for current BRICS members with conflicts is IRAN. UAE, Bahrain, Saudi Arabia, and Kuwait are all in fundamental conflict with it. This is all just the tip of the iceberg. While it is popular to hate the U.S. and the dollar, this animus should not be construed as a unifying common cause that will compel countries to act against their own immediate regional interests. Nor, should it be thought that sewing together a patchwork quilt of mostly-poor, often-misgoverned, often-lawless/corrupt states will somehow translate into a common currency that can replace the dollar. While the U.S. and the dollar have their problems, there is no serious alternative in sight. Trump should have taken the same course at Biden, when it comes to BRICS: Treat it as the pipe dream that it is.
Creating a common currency is not required. Each nation's national interest will compel them to stop buying and start selling U.S. treasuries, raise interest rates, buy gold e.g. Japan, Turkey, China, Russia, etc..==> bye bye USD.
@rdrive2000 Sorry to tell you this. That is pure fantasy. The currency basket idea has been floated for over 30 years. For simple commodity trade, it can work to a small extent. For investment and serious trade, no way. Creditors want to get their money back and simply won't accept the shit currencies from most of these countries.
@@shyamdevadas6099 @shyamdevadas6099 I can't believe that you don't realise what you are saying. Yes, creditors want to get their money back and won't accept the shit currencies. China, Japan, India, and many other BRICS nations are THE CREDITORS! The U.S. is the world's largest debitor nation. They want their money back and won't accept the shit currency (USD). That's why they are not buying U.S treasuries, letting the existing bonds mature or openly selling them. Their central banks are buying gold, setting up BRICS payment systems with the B.I.S., setting up commodity markets priced in non-US denominated currencies. Good bye USD.
Some people talk bilingually starting in English and switching suddenly to hindi while speaking.. Such tongue twisting from one bhasha to another ONLY signifies a very anaemic vocabulary presence, a weakening of the brain, for not being able to relay the exact word on time, thus letting the CAT OUT OF THE BAG. It's wise to keep lecturing in one language and unwise to adopt another.
In The Name of The Powerful Almighty God Father Yahweh Righteousness Creator in Heaven and Earth In The Name of The Powerful The Lord Jesus Christ Powerful Savior Riegn in America Economy In The Name of The Powerful Holy Spirit of God Powerful Holiness in Heaven and Earth Release a Power to Secure Devine Protection in US Dollar from Heaven Those Who are Burn in US Dollard will Face a Series Powerful Punishment Revengeful Judgement to Those Mocking US Dollar to Those no Respect US Dollars by The Powerful Almighty God Father Yahweh Righteousness Creator in Heaven and Earth by The Powerful Holy Spirit of God Powerful Holiness in Heaven and Earth
![ละลาย (LALALYE) - DAOU PITTAYA ต้าห์อู๋ พิทยา [OFFICIAL MV]](http://i.ytimg.com/vi/wo6r9TgausI/mqdefault.jpg)
To American citizens: prepare for unprecedented hyperinflation.
Gooooood .... they go to heeeeellll
America's fear is clearly visible, a new currency will definitely be created, yes it will take time but an alternative to dollars will emerge
West should welcome and work with Brics instead showing frustration isn't good
It's inevitable that the Dollar will lose its premier position, and no amount of coercion will prevent it.
This alternative to dollar should have come about decade ago . BRICS should go ahead and bring in the currency at the earliest. Why dollar should dominate ? -as we are heading to a new world order things has to change and change for good .
India and the BRICS countries should be steadfast and should not retreat.
They can't because they know they have huge tariffs on goods from the U.S. Look it up. The U.S. has been too nice to India for too long.
BRICS's countries will also impose 100% tariffs on USA products too, what happens then in the US? Is a bit too late. Try thinking how to settle the 35 Trillion first.🤣🤣🤣
I wish things were so simple, usa produce those things which 3:00 countries desperately need , brick is a day dream until and unless Russia becomes equal to usa in every way not just military wise.
Lazy Americans will make it easy for other countries.
Let everyone say goodbye to US market and trade among themselves. Why is that difficult?
Balance of currency, without trade deficit. India will grow, very fast, compared with other global economy.
De-dollarisation will not happen immediately ... but it will eventually happen within 5 years!
yes
Within 50 years
stopping the printing of US dollar is the very first sign that the de-dollarisation is picking up the speed.
secondly trum made elmo the head of the department of efficiency. you think this was a sudden move?😂
this is done because too much debts and exxessive spending was happening in US economy.
wait and watch in 2025 there will be a alot of salary cut, job cuts, military spending cuts and lot more.
its already tanking and we are seeing the cracks in the small form or gov decisions
Brics currency definitely come no fear of tarrif if usa do brics countries also do same thing
America, must co-operate with BRICS along $
Ban made in America products or American brands
Price inflation ( supply and demand) National India required, BRICS, enhancement. India already achieved, higher growth of trade.
"Vazhu vazha vidu " Tamil saying -Live and let live -
Sigh....even when Trump has the right stand on things (which, in this case he does), he manages to take the wrong approach. In this case, he should treat BRICS as what it is: a joke. These are countries that are inherently incapable of creating a common currency. Most of them, including the big ones are in precarious financial situations. (ex. Russia, China and Saudi Arabia) Many of them are in constant political turmoil. (ex. Brazil, South Africa). Most are seeing declining or little foreign investment due to politics, economics and bad governance. (ex. Russia, China, Iran, South Africa, and Egypt.) Several are just plain POOR! (ex. Brazil, Russia, South Africa, Egypt, Ethiopia, and Iran.) And, those are just the CURRENT member states! The vast majority (over 90%) of the potential members are poor and suffer from the same problems of the current member states.
Of course, even if you magically dismiss all of these problems, there is a basic impediment that prevents deeper integration between this motley bunch: THEY HATE EACH OTHER. Russia is in direct geopolitical and/or economic conflict with China, India, Saudi Arabia, Kazahkstan, and Turkey. China is in similar conflict with Russia, India, Indonesia, Malaysia, Myanmar, and Vietnam. India is in conflict with China, Pakistan, Bangladesh, and Myanmar. South Africa is in conflict with Angola and Namibia. Of course, the "poster child" for current BRICS members with conflicts is IRAN. UAE, Bahrain, Saudi Arabia, and Kuwait are all in fundamental conflict with it. This is all just the tip of the iceberg.
While it is popular to hate the U.S. and the dollar, this animus should not be construed as a unifying common cause that will compel countries to act against their own immediate regional interests. Nor, should it be thought that sewing together a patchwork quilt of mostly-poor, often-misgoverned, often-lawless/corrupt states will somehow translate into a common currency that can replace the dollar. While the U.S. and the dollar have their problems, there is no serious alternative in sight.
Trump should have taken the same course at Biden, when it comes to BRICS: Treat it as the pipe dream that it is.
Creating a common currency is not required. Each nation's national interest will compel them to stop buying and start selling U.S. treasuries, raise interest rates, buy gold e.g. Japan, Turkey, China, Russia, etc..==> bye bye USD.
@rdrive2000 Sorry to tell you this. That is pure fantasy. The currency basket idea has been floated for over 30 years. For simple commodity trade, it can work to a small extent. For investment and serious trade, no way. Creditors want to get their money back and simply won't accept the shit currencies from most of these countries.
@@shyamdevadas6099 @shyamdevadas6099 I can't believe that you don't realise what you are saying. Yes, creditors want to get their money back and won't accept the shit currencies. China, Japan, India, and many other BRICS nations are THE CREDITORS! The U.S. is the world's largest debitor nation. They want their money back and won't accept the shit currency (USD). That's why they are not buying U.S treasuries, letting the existing bonds mature or openly selling them. Their central banks are buying gold, setting up BRICS payment systems with the B.I.S., setting up commodity markets priced in non-US denominated currencies. Good bye USD.
What a Mouth opener.
.😮😮😮
thank god jai shankar didnt say no , if he didnt say no it will come in some years 🔥
End BRICS h1b visa and outsourcing programs. They can work in BRICS countries.
JAYSHANKAR JI,
DORO MAT😂😂😂
ITS PAIN TO SEE MEAs RESPONSE TO TRUMPS THREAT😂😂😂😂
SHER AB BILLI BAN GIYA RE...😂😂😂😂😂
Mining is the poor choice against de-dollarisation
India has a 70-100% tax on goods from America. America needs to do the same to India. Too long we helped the welfare state in India.
Go ahead..We dont care!
Shankar is very coward was Shakey.
Some people talk bilingually starting in English and switching suddenly to hindi while speaking.. Such tongue twisting from one bhasha to another ONLY signifies a very anaemic vocabulary presence, a weakening of the brain, for not being able to relay the exact word on time, thus letting the CAT OUT OF THE BAG. It's wise to keep lecturing in one language and unwise to adopt another.
In The Name of The Powerful Almighty God Father Yahweh Righteousness Creator in Heaven and Earth In The Name of The Powerful The Lord Jesus Christ Powerful Savior Riegn in America Economy In The Name of The Powerful Holy Spirit of God Powerful Holiness in Heaven and Earth Release a Power to Secure Devine Protection in US Dollar from Heaven Those Who are Burn in US Dollard will Face a Series Powerful Punishment Revengeful Judgement to Those Mocking US Dollar to Those no Respect US Dollars by The Powerful Almighty God Father Yahweh Righteousness Creator in Heaven and Earth by The Powerful Holy Spirit of God Powerful Holiness in Heaven and Earth