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What will happen to the United States of America If Saudi Arabia declares that it will use other currencies

I understand your logic, but if your logic is correct, then the Ukraine war is very likely the precursor to such world war. BIden is an idiot for starting that war.
I definitely see this possibility.

What is frightening is that our leaders are so stupid, delusional and misinformed that they will likely walk us into a world war without even intending to. They’d just think Russia and China wouldn’t dare strike back.

Look at how things have gone since the Ukraine war, they were so deluded to think the entire world was going to jump in and sanction Russia including China, India, Africa and Brazil despite it going against their own interests. The opposite is now happening with the world rapidly Dedollarizing. This indicates that they have zero grasp on reality and this is why they keep failing catastrophically.
 
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I definitely see this possibility.

What is frightening is that our leaders are so stupid, delusional and misinformed that they will likely walk us into a world war without even intending to. They’d just think Russia and China wouldn’t dare strike back.

Look at how things have gone since the Ukraine war, they were so deluded to think the entire world was going to jump in and sanction Russia including China, India, Africa and Brazil despite it going against their own interests. The opposite is now happening with the world rapidly Dedollarizing. This indicates that they have zero grasp on reality and this is why they keep failing catastrophically.
First of all, dedoillarising is good, I don't know why you or anyone would think otherwise. The bad part is how you can dedollarise without damaging world economy.

On the other hand, no one in this administration would think China or India or even Brazil would jump into sanctioning Russia, and on the other hand, that is a necessary part because Russia pre-war have a more imbalance trade balance to Europe, and Russia would be and rightfully left in shit if Europe Sanction Russia.

Would the west or US want to kill off Russia? No, in fact, the fear of Russia or China is what keep NATO going and the result is Europe less depends on US for their defence and would jump to their own defence, and for the US, the price is what? 80 billion of military and economic aid? And 3 to 5% inflation? Those are relative cheap to heighten EU defence and at the same time beating Russia down. Plus, making EU once again depends on US on infrastructure/resource.

So no, you may think the current administration lost its grip of reality, but it was a very smart move politically. Because the other side of that coin is US either have to go to war or at least confronted with Russia directly or have to spend more on defence to cover our European allies.

Unless you think Russia can be anything other than a vassal for China from now on?
 
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First of all, dedoillarising is good, I don't know why you or anyone would think otherwise. The bad part is how you can dedollarise without damaging world economy.

On the other hand, no one in this administration would think China or India or even Brazil would jump into sanctioning Russia, and on the other hand, that is a necessary part because Russia pre-war have a more imbalance trade balance to Europe, and Russia would be and rightfully left in shit if Europe Sanction Russia.

Would the west or US want to kill off Russia? No, in fact, the fear of Russia or China is what keep NATO going and the result is Europe less depends on US for their defence and would jump to their own defence, and for the US, the price is what? 80 billion of military and economic aid? And 3 to 5% inflation? Those are relative cheap to heighten EU defence and at the same time beating Russia down. Plus, making EU once again depends on US on infrastructure/resource.

So no, you may think the current administration lost its grip of reality, but it was a very smart move politically. Because the other side of that coin is US either have to go to war or at least confronted with Russia directly or have to spend more on defence to cover our European allies.

Unless you think Russia can be anything other than a vassal for China from now on?
Nice cope
 
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Earlier this summer, Russian President Vladimir Putin said that Brazil, Russia, India, China, and South Africa (BRICS) are developing a new basket-based reserve currency.

"The issue of creating an international reserve currency based on a basket of currencies of our countries is being worked out," Putin said at the BRICS business forum at the end of June. "We are ready to openly work with all fair partners."

 
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Nice cope
Well, sure, everything that make sense to people and not you are cope.

Or you really do think China is not gunning for the US already? As I said, there are no way, at least at the near future, China can overtake the US in currency market without EU help, with this move, US draw EU Closer to them and distant both Russia and China as long as China support the EU.

But yes, for you, it's a one-word reply "cope"
 
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Well, sure, everything that make sense to people and not you are cope.

Or you really do think China is not gunning for the US already? As I said, there are no way, at least at the near future, China can overtake the US in currency market without EU help, with this move, US draw EU Closer to them and distant both Russia and China as long as China support the EU.

But yes, for you, it's a one-word reply "cope"
China has concluded, correctly, that the US is determined to break its back so it is no longer holding back in breaking the dominance of the US.
 
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" I believe the world is changing in big ways that haven’t happened before in our lifetimes but have many times in history, so I knew I needed to study past changes to understand what is happening now and help me to anticipate what is likely to happen. I shared what I learned in my book, Principles for Dealing with the Changing World Order, and my hope is that this animation gives people an easy way to understand the key ideas from the book in a simple and entertaining way. In the first 18 minutes, you’ll get the gist of what drives the “Big Cycle” of rise and decline of nations through time and where we now are in that cycle. If you give me 20 minutes more to watch the whole thing, and I will show you how the big cycle worked across the last 500 years of history—and what the current world leading power, the United States, needs to do to remain strong."

 
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China has concluded, correctly, that the US is determined to break its back so it is no longer holding back in breaking the dominance of the US.
Good luck with Iran, North Korea, Russia on your side.

I would have chosen Japan, UK or EU, or even Australia if I want to break US currency dominance, but hey, that's me if you like a challenge. No one is gonna stop you

remember this??

the-worlds-top-reserve-currencies-5d13.jpg
 
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Good luck with Iran, North Korea, Russia on your side.

I would have chosen Japan, UK or EU, or even Australia if I want to break US currency dominance, but hey, that's me if you like a challenge. No one is gonna stop you

remember this??

View attachment 922765
As if those were options.

Guess what, you’re going to find out real quick that the actual balance of power isn’t what you thought it was.

Stop the cope.
 
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As if those were options.

Guess what, you’re going to find out real quick that the actual balance of power isn’t what you thought it was.

Stop the cope.
Yes, my next leisure basketball league pick would be enough to challenge LA Lakers.....

Now that's cope... :rofl: :rofl: :lol:

That's probably the second most ridiculous thing I have heard here other than China still have the best Supercomputer because they don't report on Top 500 anymore.......
 
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The real question is what will happen to Saudi Arabia.
 
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Good luck with Iran, North Korea, Russia on your side.

I would have chosen Japan, UK or EU, or even Australia if I want to break US currency dominance, but hey, that's me if you like a challenge. No one is gonna stop you

remember this??

View attachment 922765

Do you have a deposit?
 
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Do you have a deposit?
What deposit? Bank Deposit?

I have 5 bank accounts in US, Australia and Hong Kong, I invest heavily, but I read what the bank do with my money and I will pull those money out of the bank if I think they are too risky or they aren't balanced.

Let me guess, you are the type who see the bank posted 4% pa instead of 2 where everybody did and jump in without asking any question, if so, you deserve to lose all your money.
 
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