02-05-2024, 01:35 AM
(02-05-2024, 01:10 AM)lostbook Wrote: Hello, Let's Deny Ignorance.
It appears that 6 more countries have been invited to join the BRICS; BRICS is an acronym which stands for Brazil, Russia, India, China, and South Africa. Now we have more countries which have been invited to join this grouping of nations which seek to challenge Western dominance on the World Stage. The new nations slated to join are: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates.
For those that live in the West I think this is a worrisome development. The BRICS has already stated that its intent is to challenge Western dominance. Now, with the gathering of so many oil-rich countries into the BRICS, I think it's just a matter of time until the Dollar is replaced as the Reserve Currency. Once this happens it could be game over for West as the leading World power. What do you guys think? Am I reading too much into this development or not? I think it would be ignorant to "Ignore" this development as this is a potentially powerful grouping of military and Oil-rich nations.
https://www.npr.org/2023/08/25/119585820...ng-nations
The Dollar has lost a lot of value in just 30 yrs. Priming the pump for a BRICS currency takeover:
[Image: https://external-content.duckduckgo.com/...rs.com.ico]https://www.in2013dollars.com › us › inflation › 1990Value of 1990 dollars today | Inflation Calculator
Jan 11, 2024 $100 in 1990 is worth $234.69 today
The U.S. dollar has lost 57% its value since 1990.
It has looked like the Brics is more like a paper tiger ....not that i really much understand economy in general . But i see this..:
Russia is a sinking nation , China has right now big economic issues , Argentine wont join Brics , India is openly now changing Russian arms to Westerns arms/weapons ...
Argentina announces that it will not join BRICS bloc