that's my motto on my family's crest.
in very fine print it reads-if it were not for bad luck,we'd have no luck at all.
ECON How much of the World is ditching the Dollar as reserve currency (and what it might mean for us) (OP Apr 2023)
- Thread starter jward
- Start date
in very fine print it reads-if it were not for bad luck,we'd have no luck at all.
And the buzz words too.
Remember the old Popeye the Sailorman Series?
Yeah, we are Wimpy-not only in Name but Deeds.
"We will gladly pay you Teusday...'
plus no one wants him around, no one believes his bullshit amd he looks like he lives in a carboard box somewhere.
I am working on some projects to bring in money. IF I can do it I want this place paid off hen will put in underground air tubes along with a well and rain collectors.
Working on turning some old motors [[in good shape]] into wind generators along with other things including turning the 'Garden' into a s,a;; far, and using only mechanical power to run it-lie was done for hundreds or millions of years.
Better getyer Dren together folks.
Yeah, we are Wimpy-not only in Name but Deeds.
"We will gladly pay you Teusday...'
plus no one wants him around, no one believes his bullshit amd he looks like he lives in a carboard box somewhere.
I am working on some projects to bring in money. IF I can do it I want this place paid off hen will put in underground air tubes along with a well and rain collectors.
Working on turning some old motors [[in good shape]] into wind generators along with other things including turning the 'Garden' into a s,a;; far, and using only mechanical power to run it-lie was done for hundreds or millions of years.
Better getyer Dren together folks.
Knoxville's Joker
Has No Life - Lives on TB
So what deal did SWIFT give Argentina over BRICS?
ivantherussian03
Veteran Member
preparing for this is like trying to hold back the tide with a broom, As their is not much you can do.
jward
passin' thru
DD Geopolitics
@DD_Geopolitics
Turkey has expressed a desire to join BRICS
Turkish Foreign Minister Hakan Fidan believes that this could be "a good alternative to the EU," reports the South China Morning Post.
"Of course, we would like to become a member of BRICS. Let's see how things go this year," Fidan said during a visit to China.
Ankara intends to participate in the BRICS ministers' meeting in Russia next week. It is expected that Turkey's membership will be one of the topics of discussion.
Fidan stated that the EU has not allowed Turkey to become a full member due to "identity politics," "so we have to look for other alternatives."
Peskov has already stated that Russia welcomes Turkey's desire.
@DD_Geopolitics
Turkey has expressed a desire to join BRICS
Turkish Foreign Minister Hakan Fidan believes that this could be "a good alternative to the EU," reports the South China Morning Post.
"Of course, we would like to become a member of BRICS. Let's see how things go this year," Fidan said during a visit to China.
Ankara intends to participate in the BRICS ministers' meeting in Russia next week. It is expected that Turkey's membership will be one of the topics of discussion.
Fidan stated that the EU has not allowed Turkey to become a full member due to "identity politics," "so we have to look for other alternatives."
Peskov has already stated that Russia welcomes Turkey's desire.
SNOWSQUAW
Veteran Member
WOW-- this is a big sign. FRN's will no longer be the choice of investors! US Dollar's days of global dominance are numbered.
West
Senior
So this news is why the shorts got the order to short PMs today.
packyderms_wife
Neither here nor there.
Question. Are they currently members of NATO?
Eh, -ish. And it seems for not much longer.
Kremlin welcomes Turkey's reported desire to join BRICS
By ReutersJune 4, 20247:08 AM CDTUpdated 3 days ago
MOSCOW/ANKARA, June 4 (Reuters) - Russia welcomes Turkey's reported desire to become part of the BRICS group of nations, Kremlin spokesman Dmitry Peskov said on Tuesday, saying the subject would be on the agenda of the organisation's next summit.
Peskov said there was heightened interest in BRICS - a group comprising Brazil, Russia, India, China, South Africa, Ethiopia, Iran, Egypt, and the United Arab Emirates - from various states, but said it was unlikely the grouping could completely satisfy all interested nations.
On Monday, Turkish Foreign Minister Hakan Fidan began a visit to Beijing, the highest-level visit by a Turkish official to BRICS member China since 2012. Fidan held talks with Chinese counterpart Wang Yi and other officials during the visit.
Asked whether Turkey would want to join BRICS during a talk at the Center for China and Globalization on Monday, Fidan said "we would like to of course, why would we not?". However, he did not elaborate further.
Fidan was cited by Turkey's state-run Anadolu news agency as saying Ankara was also eyeing cooperation with BRICS members and that he would attend a planned meeting of the group next week in Russia.
It was not immediately clear whether Ankara would take steps to join the BRICS group, as Ankara has not previously stated its desire to formally join.
NATO member Turkey had come under fire by its Western allies in recent years over its ties with Russia, with some saying that its "axis" was shifting away from the Western military alliance.
Ankara has rejected this, saying it remained a committed member of the alliance and maintained its goal of full membership of the European Union.
jward
passin' thru
Ragıp Soylu
@ragipsoylu
NEW: U.S. envoy Flake says he hopes Turkey does not enter BRICS group of nations but if so, little diplomatic change is expected
• Turkey has tilted West and “firmly anchored, there after NATO Expansion, F-16 sale deal,
• U.S.-Turkey strategic ties have never been stronger, U.S. Ambassador Flake tells Reuters.
• U.S. envoy says planned Biden-Erdogan visit was cancelled due to scheduling in May amid 'tough political backdrop with Gaza situation
• U.S. has asked Turkey to relay some messages to Hamas leadership amid ceasefire talks, U.S. envoy says**
• U.S. envoy says he hopes Turkey does not enter BRICS group of nations but if so, little diplomatic change is expected**
• NATO meeting next month in Washington is an opportunity for Biden-Erdogan meeting, U.S. envoy says**
• U.S. Congress has a better view of Turkey than in the past, U.S. envoy says
— Reuters
@ragipsoylu
NEW: U.S. envoy Flake says he hopes Turkey does not enter BRICS group of nations but if so, little diplomatic change is expected
• Turkey has tilted West and “firmly anchored, there after NATO Expansion, F-16 sale deal,
• U.S.-Turkey strategic ties have never been stronger, U.S. Ambassador Flake tells Reuters.
• U.S. envoy says planned Biden-Erdogan visit was cancelled due to scheduling in May amid 'tough political backdrop with Gaza situation
• U.S. has asked Turkey to relay some messages to Hamas leadership amid ceasefire talks, U.S. envoy says**
• U.S. envoy says he hopes Turkey does not enter BRICS group of nations but if so, little diplomatic change is expected**
• NATO meeting next month in Washington is an opportunity for Biden-Erdogan meeting, U.S. envoy says**
• U.S. Congress has a better view of Turkey than in the past, U.S. envoy says
— Reuters
Hfcomms
EN66iq
After all you wouldn't expect a guy named 'Flake' to gaslight you would you?
jward
passin' thru
Yeah, I pointed out that the universe obviously has a wicked sharpe sense o' humour, judging by that name, on the other thread.
-good to know I'm not the only twisted mind that works that way
-good to know I'm not the only twisted mind that works that way
Tristan
TB Fanatic
jward
passin' thru
George Papadopoulos
@GeorgePapa19
The biggest news of the day:
Saudi Arabia ditches US dollar and will NOT renew the 50 year 'petro-dollar' agreement with the United States.
Saudi Arabia will now sell oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars.
4:54 PM · Jun 12, 2024
292.8K
Views
@GeorgePapa19
The biggest news of the day:
Saudi Arabia ditches US dollar and will NOT renew the 50 year 'petro-dollar' agreement with the United States.
Saudi Arabia will now sell oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars.
4:54 PM · Jun 12, 2024
292.8K
Views
Wyominglarry
Veteran Member
If and when the US dollar is really in danger of losing it's world reserve currency status then WWIII will begin. The criminals that run the US and the world will rather burn it all down then lose any power. Oh wait. WWIII is about to happen. Better top off your preps.
jward
passin' thru
whatever happened to Peter Z, and all the rosy analysis he did of the upcoming shift into multi-polarity?
Still, those on the side that is always spouting that we have no business being involved in X, Y or Z, have no reason to complain about the loss o' reserve status- it was our "payment" for our service, and by all accounts, we were well paid.
-The future- well- Interesting times indeed.
Still, those on the side that is always spouting that we have no business being involved in X, Y or Z, have no reason to complain about the loss o' reserve status- it was our "payment" for our service, and by all accounts, we were well paid.
-The future- well- Interesting times indeed.
Greywolf036
Contributing Member
Probably should have been put into motion many years ago
Samuel Adams
Has No Life - Lives on TB
“The wonderful US economy…….”
*chuckle*
What he been smokin’ ?
*chuckle*
What he been smokin’ ?
jward
passin' thru
ECON - Brics currency? South Africa says, "Not Happening"
Mario Nawfal @MarioNawfal BRICS CURRENCY? SOUTH AFRICA SAYS, “NOT HAPPENING” South Africa just crushed the hype about a BRICS-backed dollar rival, calling the reports “false.” Instead, they’re sticking to national currencies for trade—boring but practical. Trump, not one to miss the drama...
Mark D
Now running for Emperor.
Cope.
Cedar Lake
Connecticut Yankee
Every 90 days, another Trillion dollars is added to America's national debt.
Wonderful dollar buys very little today.
All talk & no action from all of America's elected officials for decades.
Mark D
Now running for Emperor.
vector7
Dot Collector
Wall Street Mav: Nearly half of income tax now goes to interest payments on the national debt.
On top of that, we have $2 trillion budgets deficits (probably more) projected going forward. Per household, that comes to $900 PER MONTH to service old debt and another $1,250 in fresh debt.
That’s more than Americans spend on housing or food. We can’t afford for D.O.G.E. to fail.
Peter St Onge, Ph.D: Debt services hits $1.4 trillion per year — bigger than Social Security.
Debt service now soaks up 28% of all taxes collected — 47% of the income tax you pay.
This is not sustainable. Either we fix it now with DOGE or a financial crisis will fix it for us.
RT 4min
View: https://twitter.com/profstonge/status/1866113068796621248
On top of that, we have $2 trillion budgets deficits (probably more) projected going forward. Per household, that comes to $900 PER MONTH to service old debt and another $1,250 in fresh debt.
That’s more than Americans spend on housing or food. We can’t afford for D.O.G.E. to fail.
Peter St Onge, Ph.D: Debt services hits $1.4 trillion per year — bigger than Social Security.
Debt service now soaks up 28% of all taxes collected — 47% of the income tax you pay.
This is not sustainable. Either we fix it now with DOGE or a financial crisis will fix it for us.
RT 4min
View: https://twitter.com/profstonge/status/1866113068796621248
vector7
Dot Collector
Elon Musk: Why Government Can’t Build Broadband or Charging Stations…Or Anything!
The gov't promised to expand broadband (65bln), build hundreds of thousands of EV chargers, and semiconductor jobs. They delivered delays, waste, and failure. Why? Because they spend your money, not their own.
Collin Rugg: It's kinda like how the Biden administration invested $7.5 billion into EV charging and produced only 8 charging stations over 4 years.
RT 5min
View: https://twitter.com/CollinRugg/status/1866535980913791124
The gov't promised to expand broadband (65bln), build hundreds of thousands of EV chargers, and semiconductor jobs. They delivered delays, waste, and failure. Why? Because they spend your money, not their own.
Collin Rugg: It's kinda like how the Biden administration invested $7.5 billion into EV charging and produced only 8 charging stations over 4 years.
RT 5min
View: https://twitter.com/CollinRugg/status/1866535980913791124
Cedar Lake
Connecticut Yankee
And this is how America is dying, by doing nothing.
vector7
Dot Collector
Janet Yellen: “I am concerned about fiscal sustainability and I am sorry we haven’t made more progress. I believe the deficit needs to be brought down” US debt rose by $8.2 trillion while Yellen was Fed Chair or Vice Chair, and by $8.5 trillion while she was Treasury Secretary...
In other words, Janet Yellen has personally overseen $16.7 trillion, or 46%, of all the debt increase in the history of the USA
But she is "sorry"
They stole 16 trillion from future generations but they are “sorry
Well, @SecYellen, “sorry” isn’t cutting it—AMERICA has endured this for far too long. Politicians have had free rein over the country’s resources, doing whatever they pleased. That ends now. ACCOUNTABILITY is on the way, one way or another!
"The Deficit must be reduced...Good Luck, I'm out!"
Today's US Debt numbers...
The JoeBama Regime has worked very hard over the past 4 years to get us ahead of scheduled breaking $51 Trillion dollars in just 4 years...
Remember when it was only 10 Trillion?
View: https://twitter.com/gorico2054/status/1866877733026017661
In other words, Janet Yellen has personally overseen $16.7 trillion, or 46%, of all the debt increase in the history of the USA
But she is "sorry"
They stole 16 trillion from future generations but they are “sorry
Well, @SecYellen, “sorry” isn’t cutting it—AMERICA has endured this for far too long. Politicians have had free rein over the country’s resources, doing whatever they pleased. That ends now. ACCOUNTABILITY is on the way, one way or another!
"The Deficit must be reduced...Good Luck, I'm out!"
Today's US Debt numbers...
The JoeBama Regime has worked very hard over the past 4 years to get us ahead of scheduled breaking $51 Trillion dollars in just 4 years...
Remember when it was only 10 Trillion?
View: https://twitter.com/gorico2054/status/1866877733026017661
jward
passin' thru
Insider Paper
@TheInsiderPaper
55m
President Trump warns of 100% tariffs against BRICS nations if they attempt to challenge the U.S. dollar’s dominance.
View: https://twitter.com/TheInsiderPaper/status/1885469988355793322
@TheInsiderPaper
55m
President Trump warns of 100% tariffs against BRICS nations if they attempt to challenge the U.S. dollar’s dominance.
View: https://twitter.com/TheInsiderPaper/status/1885469988355793322
hiwall
Has No Life - Lives on TB
I wonder just what that means? (challenge)