DrBeer
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April 19, 2022, 07:11:32 PM |
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A lot of countries especially US adversaries are uncomfortable with US dollar being the reserve currency. Russia and China are the prominent ones. It is worth noting that US sanctions have time and again damaged their economy. However the hegemony of US was literally unchallenged till US wielded control over world energy resources and supply lines in middle east(Oil is the most important commodity traded in USD). However in recent past things have changed. Russia and China have developed alternative energy supplies, and now they are moving into next phase of challenging US hegemony, by creating alternative currencies. God know what lies ahead, but yes it seems US is not going to let this happen easily, so there will be more conflicts in future.
Please tell us about "alternative sources"? Are you talking about "cold nuclear fusion" by any chance? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I have been reading about this for 30 years already. And I will disappoint you - it will take another 15-20 years before the introduction as a mass technology. Yes, and Russia has nothing to do with it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The technologically backward under-empire uses the developments of the USSR, which were built on the technological base and knowledge of the second half of the 20th century. The fact that propaganda throws, there, of course, Russia is ahead of the whole planet ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But still, let's get back to reality and to the topic - tell us, with numbers, technologies and real examples of implementation, about Chinese / Russian REAL ALTERNATIVE energy sources?
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Victorik
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April 23, 2022, 05:10:49 AM |
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A new economic system is coming to the world and that system will not be dominated by the West. Russian Security Council Deputy Chairman Dmitry Medvedev (former Russian president) said in an interview with Russian media yesterday. Medvedev said: "Hellish sanctions imposed on Russia by the United States, the EU, and their allies in the Ukraine conflict have failed to cripple Russia. Now, these sanctions are coming back to the West.
"As the West continues its futile efforts to corner Russia, the world is slowly moving towards a new global economic relationship. We are moving towards improving the financial system ', he added.
"Confidence in the reserve currency is fading like a morning mist and the prospect of the dollar and the euro leaving does not seem unrealistic now," Medvedev said. High inflation rates weaken USD dominance for sure but are it really possible to replace USD as a reserve currency or the USA will allow that so easily? The era of regional currency is coming? I think Russia, China and a host of other countries are tired of the dominance of the USA and will do anything and support any one just to ensure that they are dethroned. However, it's not going to be an easy fight because the USA wouldn't sit back without a fight.
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famososMuertos
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April 23, 2022, 05:43:29 AM |
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Although many seem to have a magic ball to predict the new order based on the literal destruction of the United States, not only from the economic point of view, eh!
What is sought then is the rearrangement of a new "beyond" or simply changing the protagonists.
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Semar Mesem
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April 23, 2022, 06:03:18 AM |
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Of course this is a good idea to make a new world order with China, this will balance the strength of the USA and Europe so that it can make the world balance, but on the other hand it will create another cold war like the one that happened and be the beginning of the next world war.
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LUCKMCFLY
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April 23, 2022, 11:33:46 PM |
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For a long time I have been seeing that there is a great conspiracy or what you call the famous hegemony of the dollar and the USA over the whole world, it is known that both Russia, China, and other powerful countries want to have their own much greater boom that hegemony itself, and I think everything starts from there, a coalition between Russians, Chinese, Syrians, the Middle East and a small part of the West can be seen and formed as great powers to have their own rise, this is something that can see each other and in fact each country wants to be an empire, since the beginning of time this has existed, I think that this thought is the one that still persists in the human being, for me that is the fact of active wars.
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DrBeer
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April 24, 2022, 09:07:00 PM |
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A new economic system is coming to the world and that system will not be dominated by the West. Russian Security Council Deputy Chairman Dmitry Medvedev (former Russian president) said in an interview with Russian media yesterday. Medvedev said: "Hellish sanctions imposed on Russia by the United States, the EU, and their allies in the Ukraine conflict have failed to cripple Russia. Now, these sanctions are coming back to the West.
"As the West continues its futile efforts to corner Russia, the world is slowly moving towards a new global economic relationship. We are moving towards improving the financial system ', he added.
"Confidence in the reserve currency is fading like a morning mist and the prospect of the dollar and the euro leaving does not seem unrealistic now," Medvedev said. High inflation rates weaken USD dominance for sure but are it really possible to replace USD as a reserve currency or the USA will allow that so easily? The era of regional currency is coming? Well, let's get it all, now let's take it seriously, shall we? 1. The identity of the applicant is Dmitry Medvedev. You know that they consider him, well, it’s kind of softer ... Palace fool ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) This is a very amorphous body, which at all meetings either sleeps or sticks into your iPhone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 2. Now, the sanctions "did not affect the Russian economy so much" that a significant part of economic indicators, and financial ones, were simply forbidden to publish public data. And this was done with a simple goal - so that the more or less thinking population (yes, there are such people in Russia, but there are few!), They don’t see that the economy has gone into a steep peak, and that measures need to be taken, for example, to withdraw their assets to normal countries , which will further increase the peak. 3. The US has a green paper typewriter. Papers - for which Russia jumps on its hind legs, selling all its resources for this simple paper. And the US doesn't give a damn about the multi-trillion domestic debt, and everything else. In any case, they will print the most desirable product for everyone - DOLLAR! And the global economy will swallow any amount of paper. And China and others, allegedly friends of Russia, are also not idiots, and they will have to deal with toxic Russia, which has only resources and rubles that no one needs, will use Russia precisely as a raw material appendage. And keep economic ties with the West and the dollar, because you can get everything for a dollar, but nothing for a ruble!
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be.open
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April 25, 2022, 10:31:24 AM Last edit: April 25, 2022, 10:45:44 AM by be.open |
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3. The US has a green paper typewriter. Papers - for which Russia jumps on its hind legs, selling all its resources for this simple paper. And the US doesn't give a damn about the multi-trillion domestic debt, and everything else. In any case, they will print the most desirable product for everyone - DOLLAR! And the global economy will swallow any amount of paper. And China and others, allegedly friends of Russia, are also not idiots, and they will have to deal with toxic Russia, which has only resources and rubles that no one needs, will use Russia precisely as a raw material appendage. And keep economic ties with the West and the dollar, because you can get everything for a dollar, but nothing for a ruble!
And why not beads instead of paper, at least they are shiny? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I recommend this interview, although it is in French, it is very informative. Eight centuries of the domination of European civilization down the drain - because of the global loss of confidence in the debt obligations of the West. Bring gold if you don't want to pay in rubles. Green paper does not inspire anyone else in Russia.
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DrBeer
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April 26, 2022, 09:54:09 AM |
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3. The US has a green paper typewriter. Papers - for which Russia jumps on its hind legs, selling all its resources for this simple paper. And the US doesn't give a damn about the multi-trillion domestic debt, and everything else. In any case, they will print the most desirable product for everyone - DOLLAR! And the global economy will swallow any amount of paper. And China and others, allegedly friends of Russia, are also not idiots, and they will have to deal with toxic Russia, which has only resources and rubles that no one needs, will use Russia precisely as a raw material appendage. And keep economic ties with the West and the dollar, because you can get everything for a dollar, but nothing for a ruble!
And why not beads instead of paper, at least they are shiny? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I recommend this interview, although it is in French, it is very informative. Eight centuries of the domination of European civilization down the drain - because of the global loss of confidence in the debt obligations of the West. Bring gold if you don't want to pay in rubles. Green paper does not inspire anyone else in Russia. Beads instead of paper will not work - the USA makes exactly papers for which the whole world is ready to dance on its hind legs ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Regarding "green paper does not inspire anyone in Russia" - well, no need to fantasize ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Note - the same Russian elites, all Russian jingoistic patriots, the entire political elite of the Kremlin, do they keep their savings in rubles? No, they are not idiots, they store in dollars and euros - is it true or am I making it up? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Concerning "To bear Russia's gold"? And who is she to set any conditions? It is very likely that soon Russia will sell gas and oil for food. Silently and bowing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks for the link! I listened (I learned French at school and institute, finally it came in handy ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ). I will say this - this is just one of many opinions, and in a sense with manipulations. Back to gold - not a perfect solution. One question - how to check how much real gold backing a currency has? For example, what is the real backing of the ruble with gold? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) In a word - forward to natural exchange! 100% security! 100% trust ! 100% stability and no cheating! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Lubang Bawah
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April 26, 2022, 10:27:44 AM |
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The idea of making a new world order with China is of course because Russia hopes to compensate for the power of USA and Europe, I am sure that many countries will be divided into 2 so as to make tension and become the beginning of the Third World War.
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Abiky
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April 26, 2022, 12:40:06 PM |
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I think it is too hurry to conclude this. Russia is just trying to fix its economic crisis during the war. China and Russia are only 2 countries, while USA has many countries as their partners. There is no way to worry about the possibility of Russia to build a word order, they will be difficult to do it. What I know is that USA has the plan for a new world oreder.
I don't think Russia will build a "New World Order" with China simply because there are other powerful countries that won't allow it to happen. Russia and China alone can't beat the US or EU countries (even though they're classified as superpowers). What they can only do is minimize the US Dollar's influence worldwide by steering away from it as much as possible. Forcing people to conduct business in their native currency instead of the USD is the first step in this. Right now the US is still the dominating force in the world, so I don't think it will lose its supremacy anytime soon. For what I know, sanctions have completely destroyed the Russian economy with no point of recovery. Not even China can fix the situation. As long as Russia is in a tight situation, its ambitions to conquer the world with its allies will be futile. I'm fine with that as long as democracy wins in the long run. Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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be.open
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April 26, 2022, 06:45:00 PM |
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Beads instead of paper will not work - the USA makes exactly papers for which the whole world is ready to dance on its hind legs ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Regarding "green paper does not inspire anyone in Russia" - well, no need to fantasize ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Note - the same Russian elites, all Russian jingoistic patriots, the entire political elite of the Kremlin, do they keep their savings in rubles? No, they are not idiots, they store in dollars and euros - is it true or am I making it up? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Are you seriously? The West imposed a bunch of sanctions, froze all accounts in dollars, euros, pounds and Swiss francs that it could reach, arrested yachts, real estate, etc - and after that you still think that people with money and power in Russia have not completely lost interest in green paper? Well, I don't even know. Thanks for the link! I listened (I learned French at school and institute, finally it came in handy ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ). I will say this - this is just one of many opinions, and in a sense with manipulations. To health. If the house stands on the foundation of trust and trust is undermined, the house collapses. At least in real life it happens, in fantasy you can continue to think that everything is fine. Back to gold - not a perfect solution. One question - how to check how much real gold backing a currency has? For example, what is the real backing of the ruble with gold? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) In a word - forward to natural exchange! 100% security! 100% trust ! 100% stability and no cheating! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Some kind of two-level scheme was announced there today, but I have not yet understood the essence. With China, Russia has already tested the system of mutual settlements and has completely switched to national currencies in mutual trade.
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Fortify
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April 27, 2022, 09:18:21 PM |
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A new economic system is coming to the world and that system will not be dominated by the West. Russian Security Council Deputy Chairman Dmitry Medvedev (former Russian president) said in an interview with Russian media yesterday. Medvedev said: "Hellish sanctions imposed on Russia by the United States, the EU, and their allies in the Ukraine conflict have failed to cripple Russia. Now, these sanctions are coming back to the West.
"As the West continues its futile efforts to corner Russia, the world is slowly moving towards a new global economic relationship. We are moving towards improving the financial system ', he added.
"Confidence in the reserve currency is fading like a morning mist and the prospect of the dollar and the euro leaving does not seem unrealistic now," Medvedev said. High inflation rates weaken USD dominance for sure but are it really possible to replace USD as a reserve currency or the USA will allow that so easily? The era of regional currency is coming? The trouble with authoritarian government, which has been shown many times throughout history, is that they are built on so many lies driven by fear of repercussions, that the people at the top rarely see a realistic picture. In such governmental systems, independent thought is dangerous and frowned upon, but that ultimately leaves you inside a society which stagnates and cannot adapt to new conditions as well as a society based on freedom. It's blatantly obvious to see it every day in the world - How Europe, North America and similar countries got rich because they foster innovation. Compared to much bigger population countries which are mired in corruption and abuse from the top down.
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jaberwock
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April 28, 2022, 06:44:23 AM |
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Beads instead of paper will not work - the USA makes exactly papers for which the whole world is ready to dance on its hind legs ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Regarding "green paper does not inspire anyone in Russia" - well, no need to fantasize ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Note - the same Russian elites, all Russian jingoistic patriots, the entire political elite of the Kremlin, do they keep their savings in rubles? No, they are not idiots, they store in dollars and euros - is it true or am I making it up? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Concerning "To bear Russia's gold"? And who is she to set any conditions? It is very likely that soon Russia will sell gas and oil for food. Silently and bowing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Obviously, they do keep their money in USD, why would they keep it in Ruble. You may think that these people would love their nation because they are earning so much money in there, but on contrary they hate their nation. Even if they lie to themselves and say that they love it, they could not possibly love Russia because they are screwing the nation as a whole and making money illegally by making the illegal turn into legal by bribing officials. This is why the biggest Russia haters in the world are the Russian oligarchs. Not USA, not UK, not Europe, nobody could hurt the regular Russian citizen as much as the Russian oligarch. This is why I believe that we would probably not see them keep it in ruble neither.
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DrBeer
Legendary
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Activity: 3878
Merit: 2062
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April 29, 2022, 11:56:37 AM |
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Beads instead of paper will not work - the USA makes exactly papers for which the whole world is ready to dance on its hind legs ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Regarding "green paper does not inspire anyone in Russia" - well, no need to fantasize ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Note - the same Russian elites, all Russian jingoistic patriots, the entire political elite of the Kremlin, do they keep their savings in rubles? No, they are not idiots, they store in dollars and euros - is it true or am I making it up? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Are you seriously? The West imposed a bunch of sanctions, froze all accounts in dollars, euros, pounds and Swiss francs that it could reach, arrested yachts, real estate, etc - and after that you still think that people with money and power in Russia have not completely lost interest in green paper? Well, I don't even know. Thanks for the link! I listened (I learned French at school and institute, finally it came in handy ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ). I will say this - this is just one of many opinions, and in a sense with manipulations. To health. If the house stands on the foundation of trust and trust is undermined, the house collapses. At least in real life it happens, in fantasy you can continue to think that everything is fine. Back to gold - not a perfect solution. One question - how to check how much real gold backing a currency has? For example, what is the real backing of the ruble with gold? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) In a word - forward to natural exchange! 100% security! 100% trust ! 100% stability and no cheating! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Some kind of two-level scheme was announced there today, but I have not yet understood the essence. With China, Russia has already tested the system of mutual settlements and has completely switched to national currencies in mutual trade. stop stop stop ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) We are talking about how "real patriots" loved their homeland and saved up dollars and euros in the "decaying west" all their lives ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) So it was? It was ! So they never believed in a piece of paper called the ruble, and considered these candy wrappers to be the money of the local population in Russia. And for normal people - dollars in Western banks! It is a fact. After the sanctions, tell me - do they, the "real patriots of Russia", now save everything in rubles, buy cars - VAZ, and dress in "Bolshevichka" brand clothes, or do they still buy Mercedes and dress in Western brands? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) They may have tried something with China - but I will suggest TODAY to google news on the topic of China-Russia relations, believe me, you will find a lot of new, interesting things! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ivankoh
Full Member
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Merit: 120
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April 29, 2022, 04:13:10 PM |
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A new economic system is coming to the world and that system will not be dominated by the West.
I think, It can be placed in a plan of both Russia and China to overthrow powerism, imposition and economic interests are not motivated by the value of the dollar, in other words they want to win. Victory over the dollar's monopoly, the sign of the Ukraine crisis is a link to that ambition. Russia wants to create military adventures to assert itself not only as a superpower. China's ambition to replace the US as the world's number one. Those goals of theirs can kick off in a tunnel.
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DrBeer
Legendary
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April 29, 2022, 05:22:19 PM |
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Beads instead of paper will not work - the USA makes exactly papers for which the whole world is ready to dance on its hind legs ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Regarding "green paper does not inspire anyone in Russia" - well, no need to fantasize ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Note - the same Russian elites, all Russian jingoistic patriots, the entire political elite of the Kremlin, do they keep their savings in rubles? No, they are not idiots, they store in dollars and euros - is it true or am I making it up? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Concerning "To bear Russia's gold"? And who is she to set any conditions? It is very likely that soon Russia will sell gas and oil for food. Silently and bowing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Obviously, they do keep their money in USD, why would they keep it in Ruble. You may think that these people would love their nation because they are earning so much money in there, but on contrary they hate their nation. Even if they lie to themselves and say that they love it, they could not possibly love Russia because they are screwing the nation as a whole and making money illegally by making the illegal turn into legal by bribing officials. This is why the biggest Russia haters in the world are the Russian oligarchs. Not USA, not UK, not Europe, nobody could hurt the regular Russian citizen as much as the Russian oligarch. This is why I believe that we would probably not see them keep it in ruble neither. Moreover, I'll tell you - the greatest destruction in Russia was not made by the "treacherous capitalists", neither the United States, nor Britain, nor anyone other than Putin and his gang of kleptomaniac criminals! Corruption has penetrated into all corners of life, everything is stolen, lies are everywhere. "Second Army in the World", "Great Economy", "Self-Sufficient Country" - these are all fakes that replaced reality, pouring lies on TV viewers 24x7! But all these fakes burst with a loud sound already in March 2022 after the start of the terrorist war against Ukraine! And now, if you follow the news from Russia, the search for "guilty" has begun there ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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