BYE-BYE PETRODOLLAR: Thanks to Russian Sanctions BRICS Given a Boost

Goyboy

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BYE-BYE PETRODOLLAR: 159 Countries now slated to adopt new BRICS payment system

As soon as October, Russia's long-awaited international BRICS payment system will be ready to go with some 159 countries said to be in the process of ditching the U.S. dollar as their official settlement currency.


For several years, Russia and other BRICS member nations have been working on an alternative to the Western-controlled SWIFT international settlement system. Russia was banned from SWIFT following its invasion of Ukraine, but now there is a new system emerging from BRICS that threatens to make SWIFT obsolete.

If the new payment system is a success, it will render Federal Reserve Notes (FRNs) obsolete as well. The world will no longer be held hostage by the so-called petrodollar, which reports warn could have massive global market ramifications.

The West's continued sanctions on Russia have only hastened the speed at which Russia is developing this new BRICS payment system. Its design will promote local currencies and alternative settlement methods that sidestep the U.S. dollar entirely.

 
BYE-BYE PETRODOLLAR: 159 Countries now slated to adopt new BRICS payment system

As soon as October, Russia's long-awaited international BRICS payment system will be ready to go with some 159 countries said to be in the process of ditching the U.S. dollar as their official settlement currency.


For several years, Russia and other BRICS member nations have been working on an alternative to the Western-controlled SWIFT international settlement system. Russia was banned from SWIFT following its invasion of Ukraine, but now there is a new system emerging from BRICS that threatens to make SWIFT obsolete.

If the new payment system is a success, it will render Federal Reserve Notes (FRNs) obsolete as well. The world will no longer be held hostage by the so-called petrodollar, which reports warn could have massive global market ramifications.

The West's continued sanctions on Russia have only hastened the speed at which Russia is developing this new BRICS payment system. Its design will promote local currencies and alternative settlement methods that sidestep the U.S. dollar entirely.

Our weaponization of the dollar has been going on for a very long time.

China Bloc (China/Russia/Iran founding members) have decided to put an end to the abuse.
 
Our weaponization of the dollar has been going on for a very long time.

China Bloc (China/Russia/Iran founding members) have decided to put an end to the abuse.
I've been watching how the sanctions on Russia have backfired on the US and the west.
 
I've been watching how the sanctions on Russia have backfired on the US and the west.
The people who did it are supreme idiots who have no idea what they are doing......that the sanctions would hurt us more than them was foreseen on my grapevine at the jump....the Russians and the Chinese for instance saw it.
 
BYE-BYE PETRODOLLAR: 159 Countries now slated to adopt new BRICS payment system

As soon as October, Russia's long-awaited international BRICS payment system will be ready to go with some 159 countries said to be in the process of ditching the U.S. dollar as their official settlement currency.


For several years, Russia and other BRICS member nations have been working on an alternative to the Western-controlled SWIFT international settlement system. Russia was banned from SWIFT following its invasion of Ukraine, but now there is a new system emerging from BRICS that threatens to make SWIFT obsolete.

If the new payment system is a success, it will render Federal Reserve Notes (FRNs) obsolete as well. The world will no longer be held hostage by the so-called petrodollar, which reports warn could have massive global market ramifications.

The West's continued sanctions on Russia have only hastened the speed at which Russia is developing this new BRICS payment system. Its design will promote local currencies and alternative settlement methods that sidestep the U.S. dollar entirely.

International trade has always been settled in one of the two currencies between the trading nations. There is no Petrodollar and there never was.
 
Our weaponization of the dollar has been going on for a very long time.

China Bloc (China/Russia/Iran founding members) have decided to put an end to the abuse.
The capitalists at the top of the food chain have sold the West the idea that DOLLAR WEAPONIZATION IS US.
Jail 'em.
 
There is no "weaponization of the dollar", Chicom.
These are recent ' Into the Nightsoil's' statements ;

"Sweden is not to the east of the UK "
" There is no such science as paleoclimatology "
" There is no such thing as an unwritten Constitution "
" There were WMD in Iraq "


I'll add his latest attention-seeking garbage

"There is no "weaponization of the dollar"
 
These are recent ' Into the Nightsoil's' statements ;

"Sweden is not to the east of the UK "
" There is no such science as paleoclimatology "
" There is no such thing as an unwritten Constitution "
" There were WMD in Iraq "


I'll add his latest attention-seeking garbage

"There is no "weaponization of the dollar"
You do what you do, Moonbat.
 
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