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Breaking: China and Brazil agree to conduct trade in their own currencies

 
Anonymous Coward
User ID: 82485571
Canada
03/29/2023 07:39 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
The end of the dollar as a reserve currency will not in itself cause hyperinflation.

The US dollar government bonds held overseas by almost every country on earth- when these are cashed in (they will not be renewed, foreign buying of us treasuries is over) the us government will either have to print the value of the bonds, or declare default. Either will cause hyperinflation.

The coming home of US dollar reserves in foreign banks.
 Quoting: Anonymous Coward 85510291


What did that guy tell his people
Get rid of USD because in two weeks…
Anonymous Coward
User ID: 84657570
United States
03/29/2023 07:40 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
I used to worry about this years ago because it would mean the end of America and the American way of life. I was a patriot so I was rootin' for the home team. Now I realize America doesn't deserve to live. The parasites have destroyed this great nation and continue to suck it dry.

America won't last through 2025...
Anonymous Coward
User ID: 81143830
United States
03/29/2023 07:41 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
This is the Brazilian leader Biden and the CIA got

If this doesn’t tell you how stupid our current admin is

Nothing will

 Quoting: Anonymous Coward 85335015


Stupid? Biden was being paid 180,000. a year by the US. He is now being paid 400,000 by the US.

He is paid MILLIONS by CHINA and UKRAINE. He made his choice. He supports them OVER the good of the US. In fact, China wants the US to fail and Biden is doing a fabulous job for them to make that happen.
Anonymous Coward
User ID: 78914005
United States
03/29/2023 07:41 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
The moment dollar is no longer currency for everyone in the world to trade, is the moment USA will crumble and a couple weeks later, become nothing more than ashes.
 Quoting: MaybeTrollingU


As a counter point: crisis is opportunity

If we start manufacturing here - esp medications - and allow energy independence, we can dissociate from the East.

They cannot feed themselves. They will crawl back and bend the knee to the farmlands of the US
Anonymous Coward
User ID: 84657570
United States
03/29/2023 07:42 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
Everyone smells the decay and blood in the water.

The US is no longer anything to fear.

Time to move along to the next thing that will enrich the politician's, suppress the people and protect the elite's way of life.

By 2030 times are a gonna be different in the ol' US.
 Quoting: Anonymous Coward 54898615


Correct. The stolen election of 2020 was the signal to the world. America is a J banana republic deserving of total destruction along with the parasitic J.
Anonymous Coward
User ID: 83244104
Netherlands
03/29/2023 07:45 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
clappa
Anonymous Coward
User ID: 83244104
Netherlands
03/29/2023 07:45 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
clappa
sunwatcher

User ID: 85523914
Brazil
03/29/2023 07:45 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
I've broke this news before OPie
Thread: Brazil & China say bye bye to dolar
I wonder if he's read it before
I'm becoming an expert in identifying bikes'n'boats thanks to GLP
Anonymous Coward
User ID: 83908499
United States
03/29/2023 07:46 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
Looks like Joe will be sending Brazil billions again...
 Quoting: John Dutton


Brazil's current president, Lula Da Silva, is of the left, just as Slow Joe is.

In turn, Brazil's previous president, Jair Bolsonaro, was of the right, more similar to Donald Trump.

Since liberals/leftys/leftists/progressives/libtards throughout the world tend to be more alike than different, US-hating liberals in Brazil will happily fuck up America just as much as US-hating liberals in the US will do.

.
VegasRick

User ID: 81045925
United States
03/29/2023 07:48 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
So, why Brazil?

What do they have that makes them attractive and a part of BRICS?
 Quoting: Anonymous Coward 85421514


8th largest economy in the world at $4 trillion.

wtflol
Anonymous Coward
User ID: 82577448
United States
03/29/2023 07:49 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
The moment dollar is no longer currency for everyone in the world to trade, is the moment USA will crumble and a couple weeks later, become nothing more than ashes.
 Quoting: MaybeTrollingU


Not inherently so, do you know what we were before ww2. We were a isolationist state that cared about its own economy. Sadly that might not happen but it could just get rid of all the lackey actors, hell even deport them to brazil or china. Then they never can come back those countries will deal with them theyll be exiled forever.
Anonymous Coward
User ID: 84677488
United States
03/29/2023 07:51 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
I am seeing Alt Media podcasters refer to this as:

OPERATION SANDMAN

Frightening. We are toast if it succeeds.
Anonymous Coward
User ID: 85534410
Puerto Rico
03/29/2023 07:51 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies

Since liberals/leftys/leftists/progressives/libtards throughout the world tend to be more alike than different, US-hating liberals in Brazil will happily fuck up America just as much as US-hating liberals in the US will do.


this is not fucking anybody. do you fuck Brazil because you don't trade with Canada in brazilian reais?
Anonymous Coward
User ID: 85508985
United States
03/29/2023 07:53 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
The moment dollar is no longer currency for everyone in the world to trade, is the moment USA will crumble and a couple weeks later, become nothing more than ashes.
 Quoting: MaybeTrollingU

Which will be sad for the world.
Buck Tardwater

User ID: 72884301
United States
03/29/2023 07:54 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
Europe and Russia/China have been trading and purchasing without using the BROKE and worthless Petro dollar since last Summer. This is not new, it is growing!
 Quoting: Anonymous Coward 78784695


The stupidest thing this Western civilization has ever done was to sell out to China and they will pay dearly for that stupidity.

There's no turning back now, sit down and enjoy the shit show as the bat-eaters destroy the West.
 Quoting: Anonymous Coward 72383761


Wasn't NAFTA a GREAT IDEA?
 Quoting: Anonymous Coward 80608554


GATT, giving them most favored nation status and still classifying them as a "developing" country are all equally ridiculous. Hawley is trying right now to strip them of some of these idiotic giveaways.
Buck Tardwater
Anonymous Coward
User ID: 85510291
United Kingdom
03/29/2023 07:55 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
The end of the dollar as a reserve currency will not in itself cause hyperinflation.

The US dollar government bonds held overseas by almost every country on earth- when these are cashed in (they will not be renewed, foreign buying of us treasuries is over) the us government will either have to print the value of the bonds, or declare default. Either will cause hyperinflation.

The coming home of US dollar reserves in foreign banks.
 Quoting: Anonymous Coward 85510291


What did that guy tell his people
Get rid of USD because in two weeks…
 Quoting: Anonymous Coward 82485571


Yeah... that was interesting. Kenya's president I think he was.
What gives dollar it's value- Foreign bank storage of US dollars. is coming to an end.

^^^Remember This^^^
Anonymous Coward
User ID: 85510291
United Kingdom
03/29/2023 08:05 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
For years, countries have bought US treasuries as they were very safe.

Now all those government bonds will be left to expire. When they do, the only place they will be spent is IN the USA. To buy land and property.

There's an awful lot of dollars due to arrive back.

Not so many going out anymore...
Craft

User ID: 84357751
United States
03/29/2023 08:21 PM

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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
Thread: Dedollarization of the world economy continues The Chinese yuan has outperformed the euro

Always overlooked but I guess as long as it gets out.
Craftdragon screw a coffee buy me a beer or a membership $chank3567 cheers! If this goes against any GLP rules I will gladly remove my personal signature. <3 8) twit @craft8431
Anonymous Coward
User ID: 85534444
Australia
03/29/2023 08:21 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
This is probably why XRP just pumped 50-60% in a week.

Ripple will be licking their lips at this.
Anonymous Coward
User ID: 83908499
United States
03/29/2023 08:35 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
this is not fucking anybody. do you fuck Brazil because you don't trade with Canada in brazilian reais?
 Quoting: Anonymous Coward 85534410


All I know is that the US has lost any moral high ground it may have had in the past, whether justified or not.

I figure if forces in America itself are weaponizing the system against some of its own people (largely MAGA-respecting , they've lost the benefit of the doubt.
Anonymous Coward
User ID: 82477938
Costa Rica
03/29/2023 08:35 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
Kiss the USD GOODBYE! It's over! It's Overrrrrr!

epiclol
Anonymous Coward
User ID: 85435826
03/29/2023 08:35 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
Good job nobody wants the dollar anymore because of those stupid sanctions and attempts to steal foreign savings and property nobody will buy debt or property either.
Anonymous Coward
User ID: 85351962
Brazil
03/29/2023 08:39 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
Sadly, this is well deserved for America. American government kinda forced Brazil to elect Lula (a pro-China guy) instead of Bolsonaro (a pro-USA guy). USA government even threatened Brazil with sanctions if Bolsonaro contested the election results, even with all the evidences of frauds.

I always admired USA, but nowadays you guys are the biggest propagator of socialism in the world thanks to the woke culture. America is the source of all political destabilization going on now in many countries. Woke culture rips any society apart and lead them into incurable polarization.
Anonymous Coward
User ID: 72778479
United States
03/29/2023 08:41 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
The moment dollar is no longer currency for everyone in the world to trade, is the moment USA will crumble and a couple weeks later, become nothing more than ashes.
 Quoting: MaybeTrollingU


Shortly after or right before, or during, China will invade Taiwan and US will lose Alaska and Canada will lose BC to foreign invaders
 Quoting: Anonymous Coward 82701486


Huh. That’s interesting.
I’ve read that before. In 1991.
Where did you get that info?
Anonymous Coward
User ID: 72778479
United States
03/29/2023 08:42 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
Sadly, this is well deserved for America. American government kinda forced Brazil to elect Lula (a pro-China guy) instead of Bolsonaro (a pro-USA guy). USA government even threatened Brazil with sanctions if Bolsonaro contested the election results, even with all the evidences of frauds.

I always admired USA, but nowadays you guys are the biggest propagator of socialism in the world thanks to the woke culture. America is the source of all political destabilization going on now in many countries. Woke culture rips any society apart and lead them into incurable polarization.
 Quoting: Anonymous Coward 85351962


I agree. But, where are you? Specifically
Anonymous Coward
User ID: 85421914
United States
03/29/2023 08:44 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
This is the Brazilian leader Biden and the CIA got

If this doesn’t tell you how stupid our current admin is

Nothing will

 Quoting: Anonymous Coward 85335015


Stupid? Biden was being paid 180,000. a year by the US. He is now being paid 400,000 by the US.

He is paid MILLIONS by CHINA and UKRAINE. He made his choice. He supports them OVER the good of the US. In fact, China wants the US to fail and Biden is doing a fabulous job for them to make that happen.
 Quoting: Anonymous Coward 81143830


hesright
Anonymous Coward
User ID: 22104339
Canada
03/29/2023 08:44 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
I used to worry about this years ago because it would mean the end of America and the American way of life. I was a patriot so I was rootin' for the home team. Now I realize America doesn't deserve to live. The parasites have destroyed this great nation and continue to suck it dry.

America won't last through 2025...
 Quoting: Anonymous Coward 84657570


America is a puppet tyrant nation. It is sold to the higgest bidder and technologically advanced. That is why Operation Paperclip happen and now we get all these bioweapons thanks to german scientists and japanese unit 731 scientists. The cold war did not stop biowarfare experiments and US thinks it can tell others what not to do when it simply refuses to acknowledge 8ts research and end it own system they invited over.
Anonymous Coward
User ID: 85351962
Brazil
03/29/2023 08:44 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
Sadly, this is well deserved for America. American government kinda forced Brazil to elect Lula (a pro-China guy) instead of Bolsonaro (a pro-USA guy). USA government even threatened Brazil with sanctions if Bolsonaro contested the election results, even with all the evidences of frauds.

I always admired USA, but nowadays you guys are the biggest propagator of socialism in the world thanks to the woke culture. America is the source of all political destabilization going on now in many countries. Woke culture rips any society apart and lead them into incurable polarization.
 Quoting: Anonymous Coward 85351962


I agree. But, where are you? Specifically
 Quoting: Anonymous Coward 72778479


I live in São Paulo.
Anonymous Coward
User ID: 81662978
United States
03/29/2023 08:44 PM
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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
hahah.

what a surprise!

does anyone remember when Brazil was about to default? didn't think so.

well, China stepped up and gave them all the billions that they wanted.

fk. this is all so simple.

BRICS vs Western currency . result-the u.s. and europe go down in flames. anarchy. then comes digital after the ashes cool.
American Poet

User ID: 78830133
United States
03/29/2023 08:45 PM

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Re: Breaking: China and Brazil agree to conduct trade in their own currencies
China is already at war.
The wheels of justice turn slowly, but grind exceedingly fine.





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