EmmetK Posted December 1 Posted December 1 In the BRICS plan, China, Iran, and Russia are placed in a position of thrust with the worlds currency? Really? China and Russia and Iran are the biggest liars and manipulators of the world currencies. No sane nation trusts them. Short answer.. This is like a cartoon. It will never become a reality. All NATO nations WILL remain on the US Dollar. Period. Maybe BRICS will help out Brazil's loser government...nope worthless currency! Maybe China will help...nope, they're going down too! Maybe Russia will help...not a chance, their currency and country is in a free fall! I have an idea...get rid of Socialism and elect a real President. It is so nice to have a man going into the White House that fights for America - Instead of selling it out - Thank You Donald Trump - Biden should be brought up on treason charges. TRUMP PROMISES.... TRUMP DELIVERS! TRUMP2024 MAGA Quote
Moses Posted December 1 Posted December 1 1 hour ago, EmmetK said: In the BRICS plan, China, Iran, and Russia are placed in a position of thrust with the worlds currency? Dear, you have no idea about what BRICS is now And a little bit more for you to get Trump's idea: since more than half of goods used by American population is manufactured in China and India, "100% tariff" means for you what you will pay 2 times more for the same goods, which you buy cheap now. And even more: US can't stop that process by any meaning - just because all settlements in this currency will not go through American banks or even SWIFT at all - the first sanctions imposed on Russia in 2014 showed the world that neither American banks nor SWIFT can be relied upon, so Russia got its own analogue of SWIFT and China got its own. It is thanks to this that MasterCard and Visa cards still work here, although sanctions allegedly disabled them 2.5 years ago. Quote
EmmetK Posted December 1 Author Posted December 1 Lefties screaming against tariffs don't understand how they work. Suppose there's a widget made in China that costs $5 each to import and sells in the U.S. for $50 apiece. A 25% tariff on the widget is applied to the importation cost ($1.25) so it now costs $6.25 to import the widget; the tariff IS NOT applied to the $50 sale price. Putin is desperate. The ruble is trading at less than a penny on the dollar. Interest rates there are 21% and the country will eventually run out of money and troops (with 725,000 dead) to fund the war. As for China, the Democrats are to lame to realize the United States is the biggest customer in the world and China is the biggest producer. America can take the wrecking ball to the Chinese economy, if we take our business elsewhere. It's about time to kick China to the curb and produce our own goods again. As for Brazil, its national currency, the Brazilian real, dropped to an all-time low on Friday morning. Socialism fails everywhere it’s been tried. This is Trump 2.0 You've all been warned. He means business, trust me. We run the world's economy when we have a great leader. Hello world, we elected a Great Leader. Now, ride along with us or be punished for being against us. Your choice. If Dementia Joe biden had made the threat, other nations' leaders would have said, "Yeah, yeah, yeah. He'll forget he said it tomorrow." When Trump makes the threat, they say, "Damn! We better listen!" TRUMP2024 MAGA Quote
Moses Posted December 1 Posted December 1 3 hours ago, EmmetK said: Putin is desperate. The ruble is trading at less than a penny on the dollar. Interest rates there are 21% and the country will eventually run out of money and troops (with 725,000 dead) to fund the war. Hahaha... you are speaking like Biden did in the March 2022. By the way at March 2022 ruble was 130 for one USD, now 2 years after it is 107, and 2 weeks ago it was 95, in February it will be again 95. State bank manipulates it - they need Russian goods will be competitive at the month of highest sales and yearly payments (December). We have the same here every year. And January is month of tax payment - when exporters changing currencies to rubles for to pay taxes. For to manipulate rate bank make huge buy currencies from the stock and that lowering ruble. They even announce such actions one week in advance for to let locals to use high rate. And about Russian economy. At this year, under sanction it will grow 4%. US economy without any sanctions getting just 2.8%... 3 hours ago, EmmetK said: As for China, the Democrats are to lame to realize the United States is the biggest customer in the world and China is the biggest producer. America can take the wrecking ball to the Chinese economy Dear, US will never do it - you are living in glass house: China owns 20% of US state debt. If you will make wrong step, then China may push all their owned debt to the sales on the market. After that your govt will have to emits a lot of dollars to cover that debt for not to be in default. And we are speaking about 5-7 trillions. You may compare with 2 trillions printed at 2020 for to cover expenses during COVID. Your inflation will jump to about 15-17% after that. Trump may try it, but that will be suicidal step for your economy. Quote
EmmetK Posted December 1 Author Posted December 1 I love Trump's skillful use of tariff threats. So many liberals don't understand it, and they begin to use "the sky is falling" arguments about his knowledge. They claim that will see rising prices of stuff because of the tariffs, and can tell you that with absolute dead-dog certainty. Liberals, please look up Dunning-Kruger's research on this, and determine which mountain you are on. 50 DAYS until Trump is officially sworn into Presidency. Trump ALREADY doing the job THAT Dementia Joe/Cackles FAILED TO DO. So refreshing to have a strong leader in the WH that won't let countries walk all over us...these next four years are going to be extremely rewarding to all Americans. ALL ABOOOOOOOOOOOOOOOOOOOOOOARD! TRUMP2024 MAGA Quote
EmmetK Posted December 5 Author Posted December 5 On 11/30/2024 at 8:15 PM, EmmetK said: In the BRICS plan, China, Iran, and Russia are placed in a position of thrust with the worlds currency? Really? China and Russia and Iran are the biggest liars and manipulators of the world currencies. No sane nation trusts them. Short answer.. This is like a cartoon. It will never become a reality. All NATO nations WILL remain on the US Dollar. Period. Maybe BRICS will help out Brazil's loser government...nope worthless currency! Maybe China will help...nope, they're going down too! Maybe Russia will help...not a chance, their currency and country is in a free fall! I have an idea...get rid of Socialism and elect a real President. It is so nice to have a man going into the White House that fights for America - Instead of selling it out - Thank You Donald Trump - Biden should be brought up on treason charges. TRUMP PROMISES.... TRUMP DELIVERS! TRUMP2024 MAGA Trump should also threaten to pull funding from those countries as well any country contemplating the use of BRICS currency, should they ever develop any. Pull the funding and add the tariff, that’s hardball! Trump hardball. Promises Made. Promises Delivered! TRUMP2024 MAGA Quote
EmmetK Posted December 7 Author Posted December 7 The economies of these BRICS countries are in a downward spiral. Trump can finish them off with a 200% tariff and down the toilet they go! Xi and Putin are pissed that Trump won in a landslide. They were hoping for Cackling Kamala to lead us into a deep hole, and allow China to do anything it wants. BRICS is a joke, anyway. India welcomes Trump’s return and they don’t care for China. China make cheap crap and Russia doesn’t create anything of any significance other than vodka, and Tito’s is better. Dementia Joe: "China is not stealing our lunch, China is our friend. The biden's family friend." TRUMP2024 MAGA Quote
EmmetK Posted December 12 Author Posted December 12 BRICS, the emerging markets, and failed states are in for a new dose of quite harsh reality. THIS IS TRUMP's WORLD NOW. This means they need to learn how to play or they will be left out. Countries like Iran and Russia will fall on hard times soon. The Red Chinese are about to have 60 per cent tariffs imposed on their failing economy and the result will prove shocking, and doom lurks on their horizon. In the New World Order, the U.S. possesses all the advantages, natural resources, work ethic, consumer culture, finance, entrepreneurship, mentality, technologies, including AI and blockchain, and of course overwhelming military strength. They need to but a ticket on the Trump train, tie themselves to the U.S. and the dollar, or they will suffer the consequences. TRUMP2024 MAGA Quote
EmmetK Posted December 14 Author Posted December 14 It's about time that China paid a price for it's unfair trade policies. Especially after 4 years of being coddled by the failed Presidency of Dementia Joe Biden. We will see how long the worlds 2d largest economy (and one based almost entirely on exports) does when the world's largest economy (and one based on imports) shuts down imports to all BRICS nations. We can and will work with Mexico, Canada, the EU and get what we want while China will have hundreds of ships with thousands of containers that they cannot offload in the US anymore without paying massive tariffs. Hopefully it will go on long enough to let us pay down the Nation Debt. THANK YOU PRESIDENT TRUMP FOR MAKING AMERICA GREAT AGAIN Quote
