KJ Noh on China's Show of Force, #DeDollarization & U.S. Trade Fallout
https://m.youtube.com/watch?v=qfSDBSn9JII
#economy #capitalism #finance #socialism #trump #tariffs #sanctions #tech #ai #cdnpoli
#blackmastodon #canada
@blackmastodon
@blackvoices
@BLKNewsNow
#fascism #antifascism #africa #china #pakistan #war #tiktok #usa #democracy #russia #health #humanrights #whitesupremacy @politics
@economics
https://www.europesays.com/uk/39579/ EU Questions US Dollar Usage #DeDollarization #EU #Europe #European #EuropeanUnion #USDollar
**Dollar Collapse in Progress, Gold on its Way to $5,000?**
“_The analyst anticipates a stagflation in the United States, much more brutal than that of the 1970s: a prolonged recession coupled with persistently high inflation. Such a shock could erode confidence in US debt, forcing investors the world over to turn away from dollar-denominated assets._”
https://goldbroker.com/news/greenback-collapse-progress-gold-5000-dollars-3527.
#Gold #Dollar #USDollar #Inflation #Stagflation #Recession #Dedollarization #Economy #Economics @economics
Top 6 by gold in Apr 2025: 8133t 
3351t 
2451t 
2437t 
2329t 
2292t. BRICS total: 7699t (++
+
+
). US still leads—but its reserves haven’t been fully audited since 1953. China’s on a buying spree and not slowing down. Gold loves volatility—and Trump is king of chaos. #Gold #BRICS #DeDollarization
And no, #Trump|s #regime will #speedrun the #dedollarization of #WorldTrade in favour of the #Euro, because noone wants to deal with a regime that essentially devalued the #USD by 5,6% in the last 3 months, 2,4% in the last month alone compared to the #EUR!
It'll make the #USA more irrelevant and hopefully that'll be the end of it, with it ceasing to exist and it's remains being absorbed by #Mexico and #Canada along the former #SlaveryBelt!
Hopefully people will not require 8,5 years to grow a spine to get rid of #AgentKrasnov in time!
BRICS PAY
｢ BRICS PAY will feature a decentralized Cross-border messaging system (DCMS), developed by scientists of the Center of Saint-Petersburg State University of Russia. DCMS operates, transparently, without any central owner or hub. Participants manage their own nodes, allegedly making the system resistant to external abuse, control or interference ｣
“Trump’s Naivety Exposes America’s Decline”
by George Hazim in George’s Newsletter on Substack
“To exemplify how both geopolitically naive and ignorant Trump remains, and it’s as if he’s learnt nothing or has been absent in the past four years, today, Trump threatened to impose a 100 percent tariff on BRICS countries if
they pursue de-dollarisation”
> The one thing you can be quite sure of is if we went into some very major war, the value of #money would go down, That's happened in virtually every #war that I'm aware of. So the last thing you'd want to do is hold money during a war.
~ Jamie Dimon, CEO of JP Morgan Chase, potential Harris administration Treasury Secretary
> The factors that support #USdollar dominance remain well-entrenched, and meaningful #dedollarization will likely take decades
https://watcher.guru/news/brics-jp-morgan-predicts-the-future-of-the-us-dollar
> #BRICSPay leverages #digitalWallet technology, QR code-based payments and interoperability frameworks that allow users to link directly with their local banks.
https://cointelegraph.com/explained/what-is-brics-pay-and-why-does-it-matter
> #Russia’s plans to construct #Bitcoin mining and #AI computing facilities in #BRICS nations could inspire other nations to tap into state-owned resources to mine Bitcoin, says an industry analyst.
https://cointelegraph.com/news/russia-brics-bitcoin-ai-play-kickstart-game-theory
> #Russia announced their wealth fund is going to invest in a regional fund to build #BitcoinMining throughout #BRICS with an idea of settling #globalTrade in #Bitcoin.
https://bitcoinist.com/brics-nations-adopt-bitcoin-global-trade-vaneck/
> The expanded #BRICS is indeed a diverse bunch. It includes a Marxist-Leninist superpower and a revanchist authoritarian state. It includes the world’s biggest democracy as well as Latin America’s largest. New members include countries under the U.S. security umbrella and countries under U.S. sanctions. Prospective members could even include NATO countries such as Turkey and global pariahs such as North Korea and Syria.
https://foreignpolicy.com/2024/10/21/brics-russia-china-kazan-summit-west-dollar/
BRICS Slashes US Dollar and Euro Transactions to Below 30% - BRICS nations are increasingly using national currencies, with 65% of transactions... - https://news.bitcoin.com/brics-slashes-us-dollar-and-euro-transactions-to-below-30/ #nationalcurrencies #westernsanctions #dedollarization #antonsiluanov #dollardecline #russianruble #eurodecline #economics #brics
> The strategy of sidelining the #USdollar and conducting international #trade in national #currencies is going smoothly for the #BRICS block.
> The block highlighted the importance of a shift to a national currency-based trade in 2023, including a pledge to increase their use
