/biz/ - Business & Finance

>demand for dollar decreases
>m2 decreases
>prices more stable than they've been in the past couple years

there's like 200+ countries in the world and only one of them has had global reserve currency status while all the others have been doing fine regardless. how is a transition to a mixed reserve system not a nothingburger?

>>54486849
>best case scenario
white people dont exist anymore
>worst case scenario
white people dont exist anymore

>BRICS
all of these countries are broke and they are dependent on dollarized debt. They can't get rid of the USD until they pay it off. The only way they can pay it off is if the U.S. banking system issues new money by issuing new loans. Meanwhile, if you look at all of these countries "currencies" you see that they have collapsed in value faster than USD did. BRICS is a failed club invented by China that loses its relevance everytime they are mentioned.

>>54486900
>BRICS
>all of these countries are broke
Russia has very few debt compared to the US and China isn't broke at all lmao. It owns a large part of other countries debt. Maybe Brazil and SA could be considered poor idk.

>>54486900
checked & smartpilled on debt

https://www.usdebtclock.org/world-debt-clock.html

>BRICS buys oil from OPEC
>Half of the countries in OPEC's currency are pegged to the US dollar

China and India are literally railing Russia in the ass

And theres nothing Russia can do about it kek

>>54486900
China literally owns trillions of our debt

>>54486849
West0id insectoid parasite pigglets BTFO outside the known Universe! XD

Oink, oink, oiiiiiiiiiiiiiiiink....

>>54487099
theyve been pegged for long enough
greatest transfer of wealth incoming

UK here...can we join? It can like NATO but to protect the world from the US.

>>54486900
>all of these countries are broke
Every country on the planet is broke because of fractional reserve banking. A country being broke is a meaningless term when productivity in a country's real economy is the only thing that matters. The United States has a trade deficit and is going insolvent, that's really bad fucking news because its manufacturing institutions and skilled labor is outside of it. What happens when the USD implodes. Oh that's right, it won't be able to buy the manufacturing goods outside of it and doesn't have enough skilled labor force to supply its own. The United States is filled with too many chiefs not enough Indians, basically too many service roles, not enough manufacturing roles. The implosion of the US economy is going to fucking hurt everyone, but it will recover eventually because geographically the land has the potential to be productive as fuck. It's global empire status will be over though, just like all other empires throughout history.

>>54487135
ur a fuckin moron the (((USA))) literally the proxy extension of the UK crown, the queen is dead and rothschilds have owned ur shit for a century which has been covered up but they cant keep up with the speed of internet info and their ponzi schemes are becoming unravelled

debt/credit based systems are rapidly failing

>>54487121
I don't really see how. Russia is annexing new territories. That's never a bad play long term despite what faggy nu-empires that focus on short term economic bullshit think. That the US doesn't fully annex puerto rico and turn it into a state is baffling to me. Why would any country not want to consolidate more territory ?
Anyway, back to the point. Russkies are gaining new lands and got embargoed to shit. They cut some or their losses by selling at lower prices to chinks and jeets.
They went from say 100 in exports prior to the war to 10. Selling to chinks and jeets raises their export balance from 10 to like 60 which is better than 10 still. Once the war is over they will be able to sell to everyone again and supply and demand rules will bring their revenues at market value.
Right now demand for russian goods has fallen, and it affects both Russia and their prior buyers. Russia loses some but makes some of it by selling lower.
Their buyers lose some too as they have to buy at a premium elsewhere.

>>54487158
It's the banks anon, not the crown. If you want to know the bank that is controlling them all, it is called the Bank of International Settlements. Break that and you break the entire global system.

Worlds oldest currency UK Sterling will remain of course

>>54487142
This. Though in regards to rebuilding, I certainly wouldn't wanna live in America once things go tits up. Could take over a decade to really be an economic powerhouse again.

>>54487181
I'm pretty sure some dinar somewhere is older because it goes as far back as the roman empire, before bong ethnogenesis even happened.

>>54486849
>Common currency

The Euro was retarded and it applied to linked countries in the same continent.

A common currency between countries with very different economic and political systems, different standards of living and with 0 geographic coherence has to be the most retarded idea I have heard this century.

But it sounds good on news paper so let's go for it right?

Like the Euro it will tremendously boost the strongest (aka chinesse economy) and cripple the others.

>>54487189
>Could take over a decade to really be an economic powerhouse again.
It will never happen. The US is half latino and 1/5th nigger + some jeets and others sprinkled herr and there.
Argentina or Brasil have more whites/capita at this point. I would bet on the rise of southern america before I bet on the US becoming a new japan like calm giant.
Most likely scenario is the US will split into a few countries : a mormon one, a south, two coastal countries + some probable annexations of territories by México.

>>54487202
BRICS is going to be using multiple methods of trading, not just a basket of currencies. It's being diversified like this because the nations currently see the folly of having a single country dominating over everyone else's economy.

>>54487212
>800
England wasn't a thing in 800.
Eat shit retard. I bet it's some gay equivalency that's done, in which case why not call the serbian dinar the same as the dinar circulating under Augustus ? Serbia was part of the roman Principate after all.

>>54487212
The pound still exists because it still mints on precious metals. The Pound is basically The Sovereign.

>>54487228
>currently see the folly of having a single country dominating over everyone else's economy
Everyone saw it already a long time ago. It's more about how they could not do anything up until now because the US would coup them. Now that Ukraine is ongoing they know the US can't risk alienating allies and won't do shit.
The real impact of this war is that it tied America's hands.

>>54487230
>England wasn't a thing in 800.
The Royal Mint was.

>>54487176
how is russia winning exactly? their economy went to shit ever since they annexed crimea

>>54487203
>annexations of territories by México
I honestly see more probable the balkanization of Mexico before they successfully annex a border state

>>54486881
>only one of them has had global reserve currency status
El Salvador

>>54487243
Okay, going to London to buy a coffee in royal mint rn, brb.
>>54487246
Having new lands is always good long term.
>Muh economy
Everyone got wrecked for 1+ decade of economic development in 2008 without any war. Economy goes up and down. The only real futures a country can invest in for its population is more lands.

>>54487243
the mints in london started in 286. twas the romans.

>>54487253
A post México nation will annex sole us territory if it's not México itself then. It's inevitable, when I visited Arizona two years ago I saw nothing but latinos, they will join their brethern eventually, it is only normal.
That area used to be spanish speaking and under México before the US took it anyway, so it's nothing too crazy or outlandish.

>>54487258
Beta Test Coin doesnt have the velocity needed for future commerce and it certainly isnt a store of value. nobody wants to wait 1hr+ for a transaction confirmation let alone 1+ day or whatever that shit does

>>54487176
Russia wont even exist after this war, once Ukraine takes back Crimea its over

>>54487290
Ukraine isn't taking shit besides some more territorial Ls and a huge ameritranny dick for all eternity in whatever lands they manage to hold on to.

>>54487294
Ok vatnig, hopefully ill see you on drone footage one day

>>54487285
Lightning network takes seconds, boomer.

>>54487299
whats the TPS? still requires PoW mining?

>>54487297
I'm french.
You're retarded and blinded by wishful thinking.

>>54487322
Last I checked it was just over 250, which is more than Paypal can process.

>>54486881
It's about making the IMB the new lender of last resort and moving to the Bancor system.
>/biz/ doesn't know what bancor is
It's not the shitcoin.

>>54487372
meh, not that interesting to be honest. instead i will hold BSV, ICP, XRP and RXD along with boomer rocks

>>54487322
>>54487372
Sorry, 250+ per channel.

>>54487268
There are mints older than that on British soil, but we're talking about the Royal Mint specifically because it's in relation to Sterling and the Pound still in existence today.

>>54487246
>their economy went to shit
Their ruble is worth more than before the war and they bought the gold reserves of many fleeing banks.
Their export markets shrank but their income is the same and the reserves are better. Only redditors think they went kaput because they don't have iPhones anymore.

>>54486849
>we
Even if the US was invited the average wageslave would not see anything from it lol. It's so funny when the cattle goy thinks he has any pieces in this game.

>>54487272
>nothing but latinos
Nothing but arabs you mean, Tucson is now filled with arabs and negroes brought by the literal Red Shield mayor and O'Bamma trying to balance against two kinds of mexicans, the illegals from central america and the frontiersmen from northern america (aka Mexico Northern Border) who do not work together even if the normal suburbian thinks otherwise.
>join their brethern
Most of the shitcanos do not speak spanish, do not actually know their mother culture and the frontiersmen who do have lived decades winning in dollars and spending in pesos, their shit getting annexed would make them sell everything and move north to do the same but in colder climates. Same with the illegals, they would just move north too to get the dollar, the mexican economy is at the point that getting minimum wage in the US for a year is akin to being paid a normal wage for 10 years in Mexico.
>and under México
Under autonomous state law from northern states you mean, not actually under federal Mexican law. Learn a bit more about your own border history and come back.

>>54486881
>there's like 200+ countries in the world and only one of them has had global reserve currency status while all the others have been doing fine regardless. how is a transition to a mixed reserve system not a nothingburger?
There were multiple countries that had the status as a global reserve currency.

Many of the 200+ countries were fine. Countries that were sanctioned were not fine. Take Madeleine Albrights "500 000 dead kids are fine for me" interview for example.

Raising US interest rates cause extreme problems for poor countries that have debt in US dollars instead of their own currency. They need to have debt in US dollars, because they have to buy products and resources in US dollar.

You are also ignoring the fact that the US has massive advantages from the control of the world reserve currency. Not only can the US use sanctions to keep countries weak, but more importantly the US can run much larger deficits. Everybody needing US dollar to buy oil is a huge advantage and there is a reason why everyone who tried "oil for x" previously met a violent end.

The US will do everything in its power to not lose reserve currency status and if it fails world politics will change.

>>54486849
i still cant tell if the people spamming this retarded thread are chinese shills or just retarded, either way you are not white and do not understand how a currency achieves reserve status

>>54487142
> fractional reserve banking
Doesn't exist, banks create debt (money) out of thin air. This has been empirically proven.

>>54487503
>Raising US interest rates cause extreme problems for poor countries
It's at 4.8%, China's is at 3.65%. In 2000 the rates was 7.5 and the average has been over 5% for the last 50 years It's splitting hairs at that point and if your third world country is going to collapse at that level you should be lynched by your starving peons.

>>54487142
> not enough manufacturing roles
False, in US there are many manufacturing vacancies that aren't being filled because of shortage of skilled labour. US education system has completely failed, in fact it has collapsed.
Very few of our youth study Technical stuff.

>>54487517
Out of a given hundred posters on the board maybe 5 actually understand how money works in any real sense, and yeah it's one of the most astroturfed and psyopped boards on the site for several reasons. I see about as many /pol/ threads here as I do on /k/ on any given day. The US holds most of it's debt and the dollar isn't going anywhere for at minimum another generation and some change.

>>54487543
>manufacturing vacancies that aren't being filled because of shortage of skilled labour.
So wouldn't there be an incentive to train them?

>>54487537
>Doesn't exist, banks create debt (money) out of thin air. This has been empirically proven.

The fractional reserve system is still being used, even if the fractional holdings are 0%. At any point from now the rules can be changed and banks will have to hold reserves.

>>54487551
There is but as I said the system has failed and our youth are all low IQ faggots. Less than 3% of our grads study Technical stuff like Engineering.

>>54487543
You do not get what the current economic situation is with the United States, which amazes me considering I articulated it just fine.

>>54487544
kindly explain how the moneye works

don't worry about it, I heard that there's car accidents in china so it's not a problem

>>54487539
I dont't know what you are trying to say here.

Interest rates were low in the recent past. Poor countries bought oil at a low interest rate. Now interest rates are high. Poor countries have a problem to import goods.

Poor countries have shit currencies so they have to rely on an external currency. They do not have control over this currency. They have to adapt to whatever the fuck this currency is doing.

>>54487556
No it's not, as I said it has been empirically proved, there is no reserve these banks hold of course they have cash but it has nothing to do with the debts they hand out. You can study this paper.
https://www.researchgate.net/publication/265909749_Can_Banks_Individually_Create_Money_Out_of_Nothing_-_The_Theories_and_the_Empirical_Evidence

>>54487560
>There is
So where is it?
> Less than 3% of our grads study Technical stuff like Engineering.
Isn't that because a lot of engineering fields notoriously pay badly?

>>54486849
So the West is now shitting BRICS, right?

>>54487576
Unless they massively expanded consumption over the small amount of time that interest rates were retardedly low (again, how will fleeing to the Yuan help them as the difference is fairly marginal in rates) then I fail to see how that's a long term issue.

>>54487578
Anon, creating money out of thin air IS FRACTIONAL RESERVE BANKING. This is why it is still being used, even when that limit is 0%.

>>54487290
>once Ukraine takes back Crimea
in 2 more weeks? don't look at ukraine's population pyramid though, or should I say population gyros

>>54487568
>>54487581
> U.S. manufacturers can't fill almost a million open factory jobs. The National Association of Manufacturers forecasts a shortage of 2.1 million factory workers by 2030.
> pay badly
That is sadly true
> Meanwhile, hourly factory wages have fallen to just 78 percent of non-manufacturing wages today, from 83 percent 10 years ago. Manufacturing productivity also declined during the past decade at an average annual rate of -0.1 percent.
You guys should read this article
https://www.newsweek.com/manufacturing-revival-starts-states-opinion-1749535

>>54487570
USD wins because the safest investment is buying our debt which is why so many countries own so much of it. They get paid a regular percentage based off of rates for owning that debt. To buy that debt they can only use USD, and since their own currencies are retarded they have to keep buying more of our debt (in USD only) in order to keep making more and more as a percentage. This is how we can afford ~800 billion a year on our military and are world police, and while everywhere seethes about the US being world police having a world police means trade and commerce can happen globally. It's a hilariously broken and OP economic system, and while I do not fault the world for wanting to get away from it the reality is doing so is going to be painful and suck fucking dick for all of them for a long time to gain any real semblance of independence from the dollar while also ticking off if not pissing off the world police which is bad for business.
>TL;DR dollar 2 stronk

>>54487517
I think it's 50:50. Half are legit psyops, the other half are inbred alabama poltards. It's not like anybody made these countries hold USD. You can always exchange as much as you want after buying anything. The only reason why everybody holds it is because even chinese communists believe more in USD than they do in their own country.

>>54487613
Your argument at me has nothing to do with what I said about the United States having a trade deficit. All those cheap manufacturing goods come from outside of the United States. When the USD collapses, those cheap manufacturing goods from outside the United States become expensive manufacturing goods. This is because there are too many service workers in the United States than there are manufacturing workers.

Do you get it now?

>>54487299
>>54487372
Not enough liquidity to function for payments and commerce + energy scaling problem. Not viable long term

>>54487597
No it is not, fractional reserve means keeping a fraction of created money as reserve which doesn't happen, in fact there is no money handed out to banks by Federal Reserve, for handing out loans.
https://youtu.be/3N7oD5zrBnc

>>54487636
Dumbass. Please just fuck off with your hot takes, you know nothing of the system that the banks are under.

>>54487600
all of russia's minor demographic advantage over Ukraine is due to ethnic minority births and faked statistics. They started faking birth numbers about a decade ago on top of births in minority areas rising while Russian birth rates have plummeted even worse than they did in the 90s.

Both countries are fucked. But so is almost all of Europe and East Asia. And the countries that have good demographic structures are even more fucked because western capital is going to dry up.

>>54486849
>Best case scenario
The west transitions to an alternate currency method (CBDC's lesser of the two evils I guess) before this shit takes off, mitigating damage.
>Worst case scenario
Weminar 2.0, blood on the street, famine, America becomes Cambodia 2.0 during the Khamer Rouge

>>54487628
>The only reason why everybody holds it is because even chinese communists believe more in USD than they do in their own country.

faith in the dollar is faltering now that we've set the precedent that you can be robbed at gunpoint if we don't like your government. we're in a post-rules based order, this is uncharted territory so claiming what used to be will always be is fallacious

>>54487594
>Unless they massively expanded consumption over the small amount of time that interest rates were retardedly low (again, how will fleeing to the Yuan help them as the difference is fairly marginal in rates) then I fail to see how that's a long term issue.

Where did I say they were fleeing to the yuan? Russia is already selling oil for rupees and BRICS are trying to build a currency basket that cannot be weaponised by one single nation. And you are lying in my face about the "small amount of time". Interest rates have been almost 0% from 2009 to 2016. That had never been the case before. Then they increased interest rates which caused problems in late 2019. During covid you had almost 0% again PLUS a shutdown of a large portion of the world economy, meaning poor countries were double fucked.

You are right in the fact that there are still all the issues arising from a system with debt, fractional reserve banking and an increasing money supply, but you ignore the fact that "fleeing to the yuan" or to a different currency has the advantage of evading US sanctions. It is always better to be the one controlling the reserve currency.

IF (!) the BRICS countries succeed in establishing a second reserve currency, the US will lose a massive amount of political power.

>>54487657
>fake fake fake
cope cope cope

>>54487693
>Where did I say they were fleeing to the yuan?
It's the only one of the BRICS nations with an interest rate lower than the US's, so I kind of made that assumption as if the economic impact of rising rates was the issue the only logical currency of the parties involved would be the Yuan.

>>54487697
>>fake fake fake
>cope cope cope

>>54486900
they could default on the dollar all together

>>54486849
Commies can hope and dream, but the US Dollar will remain the global reserve currency for the foreseeable future.

>>54487648
Not an argument, proceed to educate yourself.

>>54487724
If it wasn't for the nukes US would have raped these mongolia rape babies hard. We can still do so, I doubt russhits have maintained their systems over the years, it costs a lot and they are turd world tier poor.

>>54487730
They could also get buttfucked half to death for trying

>>54486900
Fucking finally some high IQ posts on biz.
Also checked.

>>54487759
I know what fractional reserve banking is. The fractional system can only exist if you create more than what the bank holds. The Fed example I gave is a system that legally allows commercial banks to create money with zero reserves. At any point the rules can be changed from 1% to 100%. The point is that the banks operate in this system. At 0% means the commercial banks can create infinite money, which means infinite fractioning.

Please, just fuck off with your hot takes because you really do not know what you're talking about.

>>54487718
>It's the only one of the BRICS nations with an interest rate lower than the US's, so I kind of made that assumption as if the economic impact of rising rates was the issue the only logical currency of the parties involved would be the Yuan.
Just ignore the rest that I wrote and pick out whatever the fuck you like without context. You are not even trying to understand my point.

Russia sells oil to India. They use their own local currencies. China is not in control of this trade. If you do not have to use dollars you suddenly have options. If the currency of the other country is to strong, you intensify trade with a country with a weaker currency. If your currency is weak, you will also slightly weaken the currency basket you are in.

Just think about how a world with a multipolar reserve currency could look like. The press secretary of the white house recently said that two sovereign nations trading in their own currencies and not using the US dollar is violating the rights of american citizens. That is what she said. American citizens have the right that two countries on the other side of the planet have to use the US dollar. Why do you think she said that? Again, what do you think happens to countries and people who try to sell oil for anything else than dollars?

Why haven't investors seen the writing on the wall yet? The stock market should be plummeting with the uncertainty of the dollar, rising oil prices, slowing economies, etc.

>>54486849
Did the BRICS invent something in the last century? Bunch of insects.
Stop falling for the USdollar FUD, we are at the top of the dead cat bounce.

>>54487805
>The press secretary of the white house recently said that two sovereign nations trading in their own currencies and not using the US dollar is violating the rights of american citizens. That is what she said. American citizens have the right that two countries on the other side of the planet have to use the US dollar. Why do you think she said that? Again, what do you think happens to countries and people who try to sell oil for anything else than dollars?

It was 100% a public threat to China and Brazil. Naturally, Brazil will be the one to get a color revolution first.

>>54486900
retard

>>54487777
Checked and Based

>>54487212
>Russian ruble
>circa 1200
lmao you joke right? this thing wasn't around in its current form before 1998.
sage

>>54486849
Heres the facts:
>S. Africa is utter crap and can be disregarded.
>Brazil and Russia are resource based economies dependent on China buying at 2000s era levels which they aren't.
This leaves:
>China, the current leader, which has basically peaked: Manufacturing is going to cheaper nations, India is undercutting its tech/service sector (this is not mentioning internal issues).
>India: India is in the best position, but China is purposely trying to fuck them over ('String of pearls strategy', Daming their rivers. etc)

>>54487493
t.seething mutt
I'm polish btw. South US is rightfully mexican fatso.

>>54487543
The US don't export shit.
Most of the blue dildo in pic related is hydrocarbures (40% or more in fact, like african and arab shitholes), cars and car parts (>half is just shit assembled in Mexico and imported back) and planes (Boeing is still second to Airbus).
You have no true industry left lmao, it's all in China and Mexico now.
Compare to Europe, that doesn't export any raw materials.

>>54487841
>It was 100% a public threat to China and Brazil. Naturally, Brazil will be the one to get a color revolution first.
Agreed. The US will do everything they can to stop this.

The problem is who are they trying to replace Lula with? Bolsonaro? He and the current US administration don't really like each other.

>>54487657
>Everytime a mutt doesn't like something it's faked
Why are they like this bros?

>>54487886
Things are a bit different now than what they used to be. China has its tentacles in all of South America. This time it's going to be much harder for the US to do a coup.

https://youtu.be/CEYb0AKTWpQ

>>54486849
>Ivans, chinks, jeets and niggas
whats their currency gonna be called /biz/?

>>54487841
>Brazil will be the one to get a color revolution first.
Mutts can't do shit anymore. The moment they move against another country than Russia they will get dumped by every country in the World, possibly even the EU.
Nobody likes the US, everybody is seeing blood in the water and waiting for a causus belli to bankrupt them to shit.

>>54487135
This alliance is against the US, which includes you

>>54487886
>>54487902
Also russians, chinks and pretty much wised up regarding color revolutions. They don't work as well as they used to. The ones in Syria, Iran, Belarus, Venezuela, Turkey, Kazakhstan, Georgia all failed

>>54487885
>The US don't export shit.
wrong, it exports USD. Because only the U.S. banking system can generate new USD, the shitholes like shitbrix can only service their debt by purchasing fixed income from the U.S. or by exporting their natural resources for USD. Why don't they use another currency, you might ask, well it's simple - all other currencies won't pay off that USD debt. That's why the U.S. doesn't need any "true industry", all it needs is the Fed and the Treasury to print cash, and then the rest of the world can function. If the U.S. banking system stops generating new USD by not lending cash to consumers or the Federal government (through treasuries purchases) then all these "real industries" outside of the U.S. will stop functioning, because they are dependent on USD aka FX denominated revenues.

>>54487956
Everyone knows that which is why the news of the last two weeks has been huge, what you sharted might not hold true in the near future.

>>54487924
>its a military alliance
>Thats why Indians and Chinese troops keep killing each other?
>Thats why China is daming up Indias rivers & surrounding it with military bases?
>Thats why China claims Siberia and put 200,000 troops on the border?
>Thats why Brazil puts tarrifs on Indian and Chinese goods?
>Thats why India & China conspired to crash resource prices to destroy Brazils economy?
The Jews at Goldmen-sacs invented this 'alliance' as a boogey-man for the west.

>>54487032
>Russia has very few debt compared to the US and China isn't broke at all lmao
then why did Russia suspend ruble convertibility and China still depends on exports to fund its financial system? Because they don't have enough USD.
>>54487122
Yes, and if the Federal government defaults, they will be even more fucked than they already are. The reason why they still keep purchasing treasuries is because they know the Federal government is highly unlikely to do that. This is different with other countries, especially third world shitholes like shitbrix.
>>54487730
Yeah? Russia did that in 1998 but only with ruble debt. But I know a once great country (2nd largest economy in the Western hemisphere) that did that too many times to stay relevant - Argentina. A failed joke of a state.
>>54487843
great argumentation, ranjeet.

>>54487911
>The moment they move against another country than Russia will get dumped
US moved against China and nothing happened, your fantasize don't match reality.

>>54487977
>Everyone knows that which is why the news of the last two weeks has been huge, what you sharted might not hold true in the near future.
Huge? This "huge news" I've heard since early 2000s, and right now the only reason everyone talks about is because some faggot (in a literal sense, a "пидopac" as it's called in Russian) from the State Duma said something about it, literally repeating the same bullshit they were saying since at least 2009 on the world stage. Therefore, the only thing that might not hold true in the near future is your mom giving me a great head.

>>54486849
South Africa still has a black president? Lol

>>54487272
Why even bother leaving Mexico then? Fucking Christ I don't understand brown people

>>54487124
You say this as if it is a bad thing for europe, we'll finally be free
Poor yes, but free at last

>>54488003
>US moved against China and nothing happened
For now.

>>54488043
They leave Mexico because you can make ten years wages in a single year in the US. You then send half of that back home for your family and live off the other half. Those numbers are based off of a minimum wage poverty-tier income, if you make a real income of 40k+ you're making 20 years Mexican wages in a single year in the US. That is how strong the dollar is and how weak the peso is.
>>54488004
I'm really getting sick and tired of how hard this board has been getting psyopped by vatniks and the 50 cent army for the past half year, wish they'd fuck off back to /k/ to jerk off about their military instead of shitting this place up. I'm all for any country having a decent currency but seething because they have to keep getting bailed out by USD and can only repay their debt with USD while holding USD debt bonds as their most stable investment is getting really fucking old.

>>54486849
If such a thing were to develop then it would lead to a unification of the First World and the developing world would be screwed if cut off from developed world.

>>54487203
Source ?

>>54486849
as a us citizen and a silver stacker I say good
fuck the dollar, its hegemony needs to die

>>54487588
USD = POO ON TOILET
BRICS = BRICS ON STREETS

>>54488263
>He thinks europeans still believe in their leaders.
>Hell, he thinks we euros are going to def the US after nordstream.

GIGA KEK, you are alone, fuck you it was about time.

>>54488263
Europoor here, fuck off I'm not dying for your mutt shithole

>>54486849
> US dollar collapses
> massive bank runs
> end of fiat, only real assets matter
> my gold and silver skyrocket
> end of faggot clownworld, DIE, trannyism, welfare state, all of the things that could only exist in an age of decadence

I support this 100%. God bless the BRICS in this endeavor for the enemy of my enemy is my friend. The American goverment and elite are the Great Satan and should be destroyed.

>thirdies seething and coping over america
>again
Sad.

>>54488440

>>54487272
Mexico doesn't have the power projection, they would need to take over literally half the US to have the water resources. A 'post us' would see mexico itself collapse and the entire desert region, which only exists because of white people funneling water there, completely dry up and blow away.

>>54487272
>That area used to be spanish speaking and under México before the US took it anyway, so it's nothing too crazy or outlandish.
It was comanche speaking you fucking retard.

>>54487871
Just like all of poland is rightfully russian.

>>54488792
Texas spoke spanish before faggy anglos settled it. Louisiana spoke french.
Comanches are half brothers to beaners.

>>54488678
>>54488667
Your countries literally have no oil, it doesn't matter how much you seethe. You are our bitch and your economy lives and dies based on what we want.

>>54488800
Poland isn't a settler trade outpost. It has legacy.

>>54488802
No, louisiana spoke creole because it was mostly niggers and Texas was literally the heart of the Comancheria, populated by over 100,000 Comanches. Seethe and fuck off back to spain if you're so spanish.
>brothers
They literally had a provision that the US had to defend mexico because comanche made a sport out of burning mexican settlements and scalping the women and children you pathetic bootlicking manlet.

>>54488763

VGHHH... THE QUINTESSENTIALLY EVROPEAN STATES OF VENEZUELA AND THE DOMINICAN REPUBLIC. THE US KNEELS!!!!

>>54488818
A legacy of stealing its western lands from germany and eastern lands from russia because its a fake country, but so weak it can't even do that itself and needed France, Britain and the US to invent your fake country after 400 years of foreign rule.

>>54488763
>>54488832
>everyone in argentina is white
>all 5000 of them

>>54488844
>>54488835
>>54488832
>>54488828
>>54488812
>>54488792
You dropped this, ameriking.

>>54486849
Best case scenario?
China uses the Yuan to buy things from the rest in the group and gets to find a new purpose for their useless currency that is steadily getting too expensive to justify labor in China. They do the right thing and don't fuck over the others in the group and steadily gain a share of the global trade market
Worst case:
China pushes the Yuan on their partners while continuing to manipulate it giving them effectively free commodities. The others get fucked but have no options. They all move back to the dollar and half a billion bugs die of starvation.

>>54487032
>Very few debts compared to the US
I sure hope so

>>54487121
This. Eventually they'll just stop paying and take what they want by force.

>>54487290
Go back to /k/ikes

>>54488881
Unlike US most of Chinese debt is owned by Chinese state and corps themselves.

>>54488926
American debt is treasuries. Having international holdings of our debt is part of the reason people have trust in the dollar. We can't just devalue our currency to wipe away domestic debts without pissing off the world.

>>54488909
>Russia is just fortifying Crimea for no reason
It's scared

>burgers so used to easy mode they cower in fear at the mere prospect they might have to become competitive instead of poaching foreigner talent
best case scenario: the US dollar falls and you faggots stop enjoying a ridiculous advantage you did not work for. world becomes fairer overall, trade is saner, overall economic output improves and so does global wealth
worst case scenario: amerifats flip out to the point they start a nuclear war and ruin the entire planet. given the whole ukraine shit this is unfortunately a possibility, if remote

>>54488909
After you, Cнид

>>54488991
>implying the US isn't getting as sick of having to bail out the rest of the world by buying their debt as the rest of the world is as sick of having to bend the knee so we keep holding their bags of dogshit that pay basically nothing
Literally not our problem everyone else is retarded with money. Should've been nicer to the Jews, retards.

>>54488712
Imagine how cucked an existence not being American must be.
>Wake up
>America has a new international policy
>You live in some nowhere country
>Kick and scream
>Still impacted by the whims of the American people
>Don't even speak English as your first language
>Forced to learn English and browse an American website to tell Americans you've been thinking about them
>Americans don't care
My favorite part is these niggers love talking about how much they hate America but would never say what third world shit hole they're from. Ask any of them and they'll always refuse to answer out of shame.

>>54489035
This desu. I hope we disconnect from the world and shoot anything that approaches our border asking for help.

>>54487177
Carstens is the embodiment of the current system.

>>54489035
Lol what fucking kek its the other way around you giga nigger the world bailed you out on 2008.
Your fucking feral niggers with negative iq bought so much shit with free cheap money and debt that the jews had to sell it to other banks that imploded too because it was way too big and to be saved and to let them all fall we had to use public funds.
Your nigger loving country doomed a whole generation the fuck are you talking about.

>>54487176
>Once the war is over they will be able to sell to everyone again
No, they won't. Russia is now a "rogue" or "pariah" state like Iran for the West. They've been itching to do it for decades so they'll never let Russia back in so long as Putin is in power.

>>54489087
This. The only way Russia gets back in good graces is through a serious heeming similar to Germany or Japan after WWII.

>>54488140
Seethe mutt. Your days are over

>>54489070
We hold roughly 65% of our own debt domestically. We bailed out the entire fucking rest of the world with dozens of trillions in USD via secret loans that couldn't be disclosed for two fucking years after the quarter they occurred in and asspulled a fake flu to hide it all for everyone elses benefit. The singular only country on earth that has any sort of a claim to "bailing out the US" is China and even then they only hold about three trillion worth of our debt last time I checked which is about 10%, although credit where it's due they were a huge help during the financial crisis. Uncle Fuckin' Sam bails everybody the fuck else out when they shit the bed, we're literally doing it right now with Europe and other countries. Hate us all that you like, but the fact that you can do trade with the rest of the world and appreciate any real sort of standard of living is off the back of our taxbase. We'd actually LOVE it if other countries stopped being welfare seeking assholes and strengthened their own fucking currencies and had real militaries, yet here we are with Russia acting like it's the goddamned 1800's and trying to annex more land and resources when they're sitting on the most resource rich section of the fucking planet and yet only have barely 140 million people because they would rather kill themselves to send more dollars to oligarchs in a shameless display of lawless capitalistic excess that is frankly enlightening as to why they pursued socialism as an alternative for as long as they did. Even China isn't that fucking dumb dude, nor India for that matter, and the whole idea of a BRIC's currency wouldn't be so fucking laughable if every country involved in it wasn't actively competing against each other because they can't balance their own fucking books.

Talk as much shit as you need to to feel better about yourself, it's not our problem you wasted the last century of prosperity and depend on our military and our currency and funding to exist.

>>54488812
Russia will turn on the pipe the second out traitorious leaders stop supporting your proxy war

>>54489222
>he says, on an American website owned and operated by a US ally after it was sold using technology developed by our own fucking military so he can shitpost, jerk off, and do commerce
We are four parallel universes ahead of you and still allow you to have sovereignty and get bailed out when you need it. Watch your fucking tone.

>>54486849
poor countries with no moral authority or military superiority. holding hands wont help them.

Uh oh Ameribros, I don't feel so good

>>54489251
Nord stream is already destroyed.

>>54486857
now if only we could get our own oil

>>54488763
We antarcticans and shieet?

>>54486900
>>54487122
checked
>inflation peaks
>sell a pet rock for $1 trillion to pay off debt
nothing personnel yids