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What Iraq Just Did Will Affect The Whole World


markb57
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Doesn’t Japan 1st and China 2nd own the majority of US T Bills, still.  If we go down they get hurt also. 55% of the world trade is done in USD; down from 60% I believe. Europe and the Euro were created to compete with the US in trade and emerging markets. They are hurting more than we are during this recession. On a gold standard all the BRICS countries will be limited how much currency they can print, thereby limiting their economic advances. The USA is the world’s largest consumer market. If Trump wins the Presidency, Trump tariffs will return on China, hurting China economically. US domestic oil production should be unleashed for 47, and Russia and all OPEC+ nations will be hurting and we will be winning. So expect China to retake Taiwan in 2024, and hopefully this will RV/RI in 2024 also. So in 2025 the domestic purchasing power of the USD will return, and we can sit pretty doing what the Lord wants us to do with the RV IQD by then. Hey Adam and crew, how are those special redemption deals doing? As is those Estate Planners and CPA’s with DV group pricing you set up, doing?

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3 hours ago, screwball said:

Iraq will have joined BRICS unofficially on Jan 1 2024….Turkey will not be the only country accepting dinar….get ready 

Will they? I heard they were invited but have not yet joined BRICS. Also heard that they wanted to join the Anglo Swift System. Russia, China, India, The EU have all agreed to currency swaps. But all these and other countries have a Schmidt more USD in reserves in their CB, then they will have in BRICS currency, or that Middle East consortium currency that’s being developed, of which Iraq has said it will join. Thanks to senile JB and the Democrat led Establishment Politics Politi Bureau, WEF, OWG. As they continue working to achieve their goals ; we have gone from a Uni Polar USA dominated world economic system to Tri Polar world economic system. So the US, China, and Russia are the 3 main players in the world now. Along with the WEF, currently.

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6 minutes ago, new york kevin said:

Will they? I heard they were invited but have not yet joined BRICS. Also heard that they wanted to join the Anglo Swift System. Russia, China, India, The EU have all agreed to currency swaps. But all these and other countries have a Schmidt more USD in reserves in their CB, then they will have in BRICS currency, or that Middle East consortium currency that’s being developed, of which Iraq has said it will join. Thanks to senile JB and the Democrat led Establishment Politics Politi Bureau, WEF, OWG. As they continue working to achieve their goals ; we have gone from a Uni Polar USA dominated world economic system to Tri Polar world economic system. So the US, China, and Russia are the 3 main players in the world now. Along with the WEF, currently.

well they wont be selling their oil in USD so what do you think BRICS is??? they will use whatvere transfer system is need...for china it will be thei CHIRPS for EURO it will be TARGET 2 and for USD it will be SWIFT.....its a gold/Asset backed currency....

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1 hour ago, new york kevin said:

Doesn’t Japan 1st and China 2nd own the majority of US T Bills

if you have been paying attention they have been dumping billions....in November it was over 100 Billion or there abouts...NO one and I repeat no one wants the USD Treasury Bill until its GOLD backed....and this wont happen until TRUMP is back in Office...

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considering the US don't manufacturer anything anymore what does Iraq need the USD for??? certainly not imports???? Cars?? no they will come from Europe, japan, China etc.....who makes all the whitegoods in the world???? Japan and China maybe South Korea....dont get me wrong the USd will come back strong but NOT yet until it crashes!

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4 hours ago, screwball said:

well they wont be selling their oil in USD so what do you think BRICS is??? they will use whatvere transfer system is need...for china it will be thei CHIRPS for EURO it will be TARGET 2 and for USD it will be SWIFT.....its a gold/Asset backed currency....

I do not believe that Iraq will exclude trading in USD.  Be it oil or Iraqi farm goods fertilized by flatulent cows. They simply will include selling their oil in the currency of and to the countries they have currency swaps with.  No doubt things will get dicey as the  economic details work out between now and January 2025 when 47 takes over. The competition amongst the currency transfer systems will be intense. All will workout to our satisfaction starting 2025 - 2029.  Trump will attach China economically, politically, and geopolitically. We are in a recession right now and so is China. Their propaganda machine simply will not allow a discussion of how badly they are hurting.

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4 hours ago, screwball said:

if you have been paying attention they have been dumping billions....in November it was over 100 Billion or there abouts...NO one and I repeat no one wants the USD Treasury Bill until its GOLD backed....and this wont happen until TRUMP is back in Office...

I can see that happening.

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