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As the world turns, war and threats of wars including financial moves

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    As the world turns, war and threats of wars including financial moves

    People don't want to hear about the sanctions we're putting on other countries or threats of wars in the Russia topic. This topic will be world news that affects the US dollar and our standing in the world.

    This topic will include repercussions for America's actions in regards to sanctions and threats of wars.
    Last edited by man down; 04-08-2023, 05:41 PM.

    #2
    Take all your savings and money and convert them to yuan, man down.

    Let us know how it works out in a few years.

    Comment


      #3
      Lots of info here.
      http://jeetwin24.com/forums/n...d-south-africa

      I'll add to it as we get more info.
      Last edited by man down; 04-08-2023, 06:09 PM.

      Comment


        #4
        Originally posted by Left Hook Tua View Post
        Take all your savings and money and convert them to yuan, man down.

        Let us know how it works out in a few years.
        Lol I'm NOT suggesting the US dollar is going away. But it will be worth less if things keep going the way they are.

        Change is in the air.

        China imported 1,343 tons of gold in 2022, the highest since 2018.

        The central bank has purchased #gold for four straight months.

        Last year, they met with banks to discuss protecting assets from US sanctions. China has plans to back currency by gold and minerals.

        Now they are working with countries to conduct trade in local currencies.

        Finally people are piecing things together.​

        Comment


          #5
          Countries coming together to revolt against the US dollar.

          BREAKING‼️ Combat Russian ship entered Saudi Arabia port for the first time in 10 years — Russian Defense Ministry

          Comment


            #6
            at this rate USA will be sanctioning countries soon for 'not respecting trans rights'

            Comment


              #7
              More countries telling us off.
              Erdogan tells US ambassador to ‘know his place’

              The Turkish leader spoke of the “need to teach America a lesson” in diplomacy​.

              Comment


                #8
                Good read.

                We are in the middle of a major energy crisis and it became significantly worse today.

                This morning, OPEC announced they are cutting an additional 1.65 million barrels of oil production per day.

                Here's why the energy crisis is our next major economic problem.

                (a thread)

                1/10

                Comment


                  #9
                  Weekly Recap

                  1) Saudi Arabia enters trade alliance with China, Russia, India, Pakistan, and four Central Asian nations to step further away from reliance on the US dollar.

                  2) China and France complete first LNG gas trade using Chinese Yuan, ending reliance on the US dollar for energy trades.

                  3) China and Brazil to settle trades in their own currencies, ditching the US dollar.

                  4) Brazil, Russia, India, China, and South Africa (BRICS) are developing a new currency, State Duma Deputy Chairman says.

                  5) Saudi Arabia partners with China to build a Chinese oil refinery for 83.7 billion yuan ($12.2 billion).

                  6) Kenya signs deal with Saudi Arabia and UAE to buy oil with Kenyan shillings instead of US dollars.

                  7) President of Kenya tells citizens to get rid of US dollars.

                  8) Association of Southeast Asian Nations considers dropping the US dollar, euro, yen, and British pound for local currency financial settlements.

                  9) El Salvador President officially signs bill eliminating all taxes on income, property, and capital gains for technology innovations.

                  10) US Senator Elizabeth Warren launches "anti-******" re-election campaign.

                  11) India to settle trade in Indian rupees with certain countries instead of US dollars, Commerce Secretary says.

                  12) Chinese yuan surpasses the euro to become Brazil's second-largest currency in foreign reserves.

                  13) US government to sell 41,500 #*******    ($1.18 billion) connected to Silk Road, in four batches this year.

                  14) Hong Kong regulators to assist #****** firms with banking in effort to become a digital asset hub.

                  15) #Binance    and CEO sued by US CFTC over alleged regulatory violations

                  16) US Social Security funds are projected to run out by 2033, Reuters reports.

                  17) 5 major banks raided by French authorities in €100 billion fraud investigation

                  18) Former President Trump says President ***** is directly responsible for the bank failures and creating an economic catastrophe that will only get worse.

                  19) MicroStrategy purchases an additional 6,455 #*******    ($150 million).

                  20) President ***** says the banking crisis is "not over yet."​

                  Comment


                    #10
                    NATO expansion to the east 35 years ago.

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