Botragelad:

How does this relate to what you said you there? Lol
Or how does that spell doon for the US like you initially affirmed?

Saudi Arabia, the mighty oil powerhouse, has joined the BRICs club and is trading with China in a currency other than the dollar. How ever will the US economy survive this earth-shattering development? Haha

Let me put on my shocked face: Oh no, a country is diversifying its trade and currency usage! How unprecedented! It's not like countries haven't traded in multiple currencies before. Please, do go on.

Here's a spoiler, the US dollar's value isn't dependent on Saudi Arabia's trade agreements. It's like thinking a small stone tossed into the ocean will cause a tsunami. The dollar's value is determined by a complex array of factors, not by Saudi Arabia's decision to trade in yuan or riyal.

Did you think the US economy is going to be reliant on a single country or trade agreement. So, go ahead and keep proclaiming the demise of the US dollar. We enjoy your show of ignorance!

You nailed it! It’s funny that they think the US doesn’t see this coming since MBS has taken over power lol

And the US currently produce more oil than Saudi … almost double what Saudi produces (20m barrels per day vs 12m) Saudi is not the only country that’s exporting oil, take Saudi and Russia out of that list of top exporter.. others are still US allies… Nigeria inclusive. It’s only a win win for Nigerian oil if our govt can continue to raise our production amounts.

If Saudi is sidelining the US then they are ultimately canceling their security guarantees too. Let that sink in 😊

Chinese economy is rapidly shrinking lately, and China does need help with their economy right now … we’ll see how that goes for China being the world’s factory and how they manage to keep their money flowing…lmao

Mexico is taking over as the world’s factory for a reason, the US saw this coming. And Saudi will continue to keep the large portion its foreign reserves in USD, same for China lol

Either way, USD will continue to be in demand … for a longer while.

eepeepook:
1. Source?

2. Nothing will happen. There are many nations with cheap oil which the US can exploit. You’re living in one.

It’s officially ended 06/09/2024

MartinCorridon:


I agree that this "news" is very likely fake.

But if Saudi refuses USA, America will go begging. That's a fact.

They are one of the biggest purchasers of arms and exporters of oil to the US.

That US wouldn't feel it is a big lie.

It’s an official news sir

NothingDoMe:
Even the Chinese who have supposedly shunned the USD will not accept Naira.

There's a mental condition that makes one blame everyone but oneself.

I can't help you.

China still buying up USD and Gold like water 😂😂😂

sunboy:


Saudi did not join BRICs (at lease not yet) they only join the Brics money exchange system.

BRICs is a money exchange system.

Olodo

GBTYO:


BRICs is a money exchange system.

Olodo

CBDC (payment clearance system based on local currency but influence by the Chinese yuan) is what Saudi joined at least officially yet.

BRICs is an economy union like G7 …. You are the OLODO RABATA with confidence.

You’re welcome.

sunboy:


CBDC (payment clearance system based on local currency but influence by the Chinese yuan) is what Saudi joined at least officially yet.

BRICs is an economy union like G7 …. You are the OLODO RABATA with confidence.

You’re welcome.

BRICs is meant to bypass the US controlled dollarized SWIFT exchange system.

Maga

GBTYO:


BRICs is meant to bypass the US controlled dollarized SWIFT exchange system.

Maga

BRICs is not a Money Exchange System like you said.

CBDC is their exchange system with aim of boosting individual member states local currency while BRICs is an economic bloc union with aim to RIVAL with G7 and not USD

Again, you’re welcome ☺️

sunboy:

China still buying up USD and Gold like water 😂😂😂

China intentionally keeps yuan lower to attract business. The OP doesn't know this. All he knows is agbadonomics. 😄

GBTYO:


BRICs is a money exchange system.

Olodo

you no try o! It is well sha.

sunboy:


BRICs is not a Money Exchange System like you said.

CBDC is their exchange system with aim of boosting individual member states local currency while BRICs is an economic bloc union with aim to RIVAL with G7 and not USD

Again, you’re welcome ☺️

BRICs is meant to bypass the dollar and western financial institutions like SWIFT.

It is not an economic bloc because you have countries like China and Brazil who trade heavily with the west.

BRICs was designed solely to form an alternate currency exchange to the dollar.

Olodo

GBTYO:


The satanic US is currently waging a proxy war against a nuclear armed Russia and is also pushing another war with China over Taiwan.

You underestimate the level of the sociopaths and pyschopaths running the US.

They will rather burn the planet than lose their power.

See this hungry Nigerian calling the US satanic. Is there any country more satanic than your APC led Nigeria?
You are waiting for US downfall when you have already fallen off the cliff. Hungry and wicked haters.

GBTYO:


BRICs is meant to bypass the dollar and western financial institutions like SWIFT.

It is not an economic bloc because you have countries like China and Brazil who trade heavily with the west.

BRICs was designed solely to form an alternate currency exchange to the dollar.


Olodo

You arrogant about your ignorance… it’s beyond me. Google is your friend.

BRICS is economic bloc. CBDC is the payment system they developed to bypass USD.

sunboy:


You arrogant about your ignorance… it’s beyond me. Google is your friend.

BRICS is economic bloc. CBDC is the payment system they developed to bypass USD.

Ignorant negro.

The entire point of BRICs is to bypass the USD and the western financial institutions and exchange system


Keep up with your mumuism.