USD Share of Global Reserves & Trade Dropped Off a Cliff After Sanctions

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Biden is destroying the United States at a rapid pace. America is losing partners every week and as a result more nations follow this new trend. De-dollarization is the end of US power. @JoeBiden is failing so miserably that the US cannot afford to let him finish his term.

~ Kit Dot Com

Egyptian officials announced they’re moving away from the dollar in trade with BRICS countries and instead will use the local currencies of major trade partners. Egypt’s decision to de-dollarize with BRICS came about because they have applied to join BRICS.

Iran’s President has reiterated his country’s interest in joining BRICS.

Twelve new countries may join the group this year.

France’s Macron asked for an invitation to the BRICS summit. The French president would be the first Western leader to sit in on the gathering of emerging economies.

The sanctions are destroying the United States. Zero Hedge reports the West is going to war with BRICS. They will fail.

Reuters reports that key African economies will abandon the dollar in trade with BRICS. They can pay in US dollars, which they have to borrow from the IMF, with severe conditions. They can also pay in Yuan, obtained from the BRICS bank without conditions. That is an easy decision.

The administration has weaponized the dollar and is continuing to do it. It’s not only about Russia. Biden is trying to use the weapon against countries not buying into his PRIDE insanity.

The yuan has replaced the dollar.

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Canadian Friend
2 years ago

It may seem impossible that the people in charge of the USA would want a weaker USA, but it is not that crazy, and here is why, first of all if they made the US economy crash they know it would eventually rebound, they know it would be temporary, and being rich people, they would not suffer or not suffer… Read more »

Canadian Friend
2 years ago

But then again their thirst for more power may be their and the US downfall

like Icarus who was too ” ambitious” and flew too close to the sun , the heat made the wax in his wings melt and he fell and he died…

Canadian Friend
2 years ago

I mean how sane or how rational can people who believe men can have babies be???

People who should be in a mental institution are in charge of the country, and half of them should be in prison for their crimes.

Blank
2 years ago

Meanwhile, back in DC, the Treasury is cranking out $1 Trillion in new US Treasuries to “refurbish its coffers” (with more borrowed money) after the news broke just last week that, “Over the past 12 months, the deficit totaled $2.1 trillion, a 50% increase from the 12-month deficit recorded a year earlier.” Link to full jaw-dropping article here: https://finance.yahoo.com/news/deficit-hits-1-2-trillion-222523731.html Other… Read more »

Last edited 2 years ago by Blank
Papa
2 years ago

For decades power hungry politicians and bureaucrats (deep state) have created enemies world wide. Most Americans had no idea the US government was so corrupted. These created enemies knew more about our government than the US populace because of media censorship funded by CIA Operation Mockingbird. We should not be mad or upset with our created enemies. We should clean… Read more »

Blank
2 years ago
Reply to  Papa

“Amicus meus, inimicus inimici mei.” Nowadays, “The enemy of my enemy is my friend.” An increasing majority of the nations in this world, big, small, and in between, who understand this ancient adage, are setting aside any differences they may have had with one another, in favor of consolidating against their common enemy. And it is us. The heck of… Read more »

Papa
2 years ago
Reply to  Blank

Excellent Assessment! Our enemy within USA is the “same” enemy those countries are uniting against which is our government and the deep state. It’s almost farcical when you think about it. Likewise the enemies of our government and deep state are friends to We The People if they help take down our corrupt government and deep state. It boggles the… Read more »