R.I.P. $Dollar$: BRICS create Open Anti Dollar Alliance

Post Reply
katsung47
Posts: 736
Joined: Thu Mar 31, 2011 6:09 pm

R.I.P. $Dollar$: BRICS create Open Anti Dollar Alliance

Post by katsung47 »

R.I.P. $Dollar$ – BRICS create Open Anti Dollar Alliance

July 4th, 2014

The BRICS group of Nations led by RUSSIA has openly announced the abandonment of the US $ in trade between themselves as well as the creation of settlement mechanisms that completely bypass the $. This is the BIGGEST nail in the coffin of the US $ as World Reserve Currency. Expect Inflation in the US to start gathering speed in the second half of the year, and the possible launching of a major war. This has the potential to push the US to 2nd world status (like Poland) and eventual 3rd world.

Read more at R.I.P. $Dollar$ – BRICS create Open Anti Dollar Alliance | InvestmentWatch
User avatar
High Threshold
Posts: 2856
Joined: Wed Nov 23, 2005 2:20 am

R.I.P. $Dollar$: BRICS create Open Anti Dollar Alliance

Post by High Threshold »

A GIANT step in the right direction, pampered no doubt by Snowden's expertise and invaluable insight. Saddam gave it a go but got invaded and subsequently executed for his efforts.

Crush the dollar and the U.S. will have to nurture and cultivate its "friends" rather than make demands upon them out of arrogance.
User avatar
FourPart
Posts: 6494
Joined: Fri Jun 06, 2014 3:12 am
Location: Southampton
Contact:

R.I.P. $Dollar$: BRICS create Open Anti Dollar Alliance

Post by FourPart »

Totally off topic, I know, but a technical point I'm curious about. I've noticed that, as with this post, a certain number of characters are replaced with a white '?' within a black diamond (U+FFFD Unicode, according to Charmap). I was just wondering why. It would make a bit more sense if it were consistent with everybody's posts, as that could simply be put down to the individual PC not recognising certain fonts.

In the case of this post it seems to happen with the hyphen between "$Dollars$ & "Brics", but not so in the pasted link.
User avatar
FourPart
Posts: 6494
Joined: Fri Jun 06, 2014 3:12 am
Location: Southampton
Contact:

R.I.P. $Dollar$: BRICS create Open Anti Dollar Alliance

Post by FourPart »

Destroy the US economy & the Internet's likely to go with it.
User avatar
LarsMac
Posts: 13740
Joined: Fri Nov 27, 2009 9:11 pm
Location: on the open road
Contact:

R.I.P. $Dollar$: BRICS create Open Anti Dollar Alliance

Post by LarsMac »

FourPart;1459846 wrote: Totally off topic, I know, but a technical point I'm curious about. I've noticed that, as with this post, a certain number of characters are replaced with a white '?' within a black diamond (U+FFFD Unicode, according to Charmap). I was just wondering why. It would make a bit more sense if it were consistent with everybody's posts, as that could simply be put down to the individual PC not recognising certain fonts.

In the case of this post it seems to happen with the hyphen between "$Dollars$ & "Brics", but not so in the pasted link.


the code set used by different language keyboards creates "unknown characters" when translated to other code sets.

If you're bored, this is a good read on the subject

https://www.cs.tut.fi/~jkorpela/chars.html
The home of the soul is the Open Road.
- DH Lawrence
gmc
Posts: 13566
Joined: Sun Aug 29, 2004 9:44 am

R.I.P. $Dollar$: BRICS create Open Anti Dollar Alliance

Post by gmc »

FourPart;1459847 wrote: Destroy the US economy & the Internet's likely to go with it.


Don't be silly it wasn't entirely an american invention in the first place and do you really think the rest of the world would sit about wringing their hands? If the US economy goes down the toilet alternatives will develop. Actuakkly it's already on it's way down thanks to it's moving away from a true capitalist economy.
User avatar
FourPart
Posts: 6494
Joined: Fri Jun 06, 2014 3:12 am
Location: Southampton
Contact:

R.I.P. $Dollar$: BRICS create Open Anti Dollar Alliance

Post by FourPart »

Most of the satellites that handle the Internet are American.
User avatar
LarsMac
Posts: 13740
Joined: Fri Nov 27, 2009 9:11 pm
Location: on the open road
Contact:

R.I.P. $Dollar$: BRICS create Open Anti Dollar Alliance

Post by LarsMac »

FourPart;1459908 wrote: Most of the satellites that handle the Internet are American.


Most internet traffic does not traverse satellites. The latencies would be way too high.

Even with the newer Satellite technology, Latencies are above 500ms. That is a life-time in data communications.
The home of the soul is the Open Road.
- DH Lawrence
User avatar
High Threshold
Posts: 2856
Joined: Wed Nov 23, 2005 2:20 am

R.I.P. $Dollar$: BRICS create Open Anti Dollar Alliance

Post by High Threshold »

FourPart;1459908 wrote: Most of the satellites that handle the Internet are American.


Not that I know anything at all about satellites (I most certainly do not) but I'm under the impression that it's a mere matter of tweeking the ones that are already up there. Everyone and his dog has one or two these days. Anyway, if the Yanks were to go skint they could probably sell off their surplus.
User avatar
LarsMac
Posts: 13740
Joined: Fri Nov 27, 2009 9:11 pm
Location: on the open road
Contact:

R.I.P. $Dollar$: BRICS create Open Anti Dollar Alliance

Post by LarsMac »

A bit more reasonable article from a more reliable news source.

BBC News - Brics nations to create $100bn development bank
The home of the soul is the Open Road.
- DH Lawrence
Post Reply

Return to “Current Events”