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“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(05-03-2024, 09:29 PM)RiseofAsia Wrote: https://watcher.guru/news/brics-to-contr...l-below-28
they control 37% of the world GDP how to be reseve currency of the world.. there are 63% still using USD..
so USD is not gg away so easily.. there is not alternative now though they may try.
if u have lot of USD, u certainly dont want them to go to zero.. china have 3T.. japan 2T..
and most countries still use USD for trade, all commodities is price in USD.. u need dollar.
(This post was last modified: 06-03-2024, 12:52 AM by
victortan.)
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(06-03-2024, 12:46 AM)victortan Wrote: they control 37% of the world GDP how to be reseve currency of the world.. there are 63% still using USD..
so USD is not gg away so easily.. there is not alternative now though they may try.
if u have lot of USD, u certainly dont want them to go to zero.. china have 3T.. japan 2T..
and most countries still use USD for trade, all commodities is price in USD.. u need dollar.
over 10 years ago..........there was a 6 year study in Switzerland done by some university professors................they found that a small group of people (the elite Jews)..........control over 60% of all worldwide corporate revenue.............since Covid-19, their market share had grown even bigger...........
these people control a lot of companies and hedge funds that people thought are rivals.................Pepsi vs Coke.........Vanguard, Blackrock, Pimco......etc etc..........
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(06-03-2024, 12:46 AM)victortan Wrote: they control 37% of the world GDP how to be reseve currency of the world.. there are 63% still using USD..
so USD is not gg away so easily.. there is not alternative now though they may try.
if u have lot of USD, u certainly dont want them to go to zero.. china have 3T.. japan 2T..
and most countries still use USD for trade, all commodities is price in USD.. u need dollar.
Answer - Global trade runs on Petrodollars....as long as USD is a "trusted" currency.
Question often asked is just how long more this deal between Saudi and US can last while the USD global currency reserve downward trend continue....
You've got friendly neighbours? Grow Up! - 李光耀 2013
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(06-03-2024, 11:49 AM)Napoleon Porlumpar Wrote: over 10 years ago..........there was a 6 year study in Switzerland done by some university professors................they found that a small group of people (the elite Jews)..........control over 60% of all worldwide corporate revenue.............since Covid-19, their market share had grown even bigger...........these people control a lot of companies and hedge funds that people thought are rivals.................Pepsi vs Coke.........Vanguard, Blackrock, Pimco......etc etc..........
Now you understand why Biden or any US president can only suck thumb and die-die MUST support Israeli Genocide in Gaza ...no matter how common sense tells us something is VERY WRONG with America today ?
Edit - btw, the "elite Jews" generally refers to Ashkenazi Jews, who originate from Europe, not the Sephardic Jews from Africa, Middle east or else where...
You've got friendly neighbours? Grow Up! - 李光耀 2013
(This post was last modified: 06-03-2024, 12:12 PM by
Manthink.)
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Ang mo time of bullying the world is over now.
(This post was last modified: 06-03-2024, 12:11 PM by
webinarian.)
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