Real World Event Discussions

The death of the dollar?

POSTED BY: SIGNYM
UPDATED: Sunday, August 23, 2026 15:35
VIEWED: 15891
PAGE 6 of 15

Saturday, March 12, 2022 5:50 AM

Your boy Joe* is destroying the US Dollar, Ted.

https://www.amac.us/bidens-sanctions-might-hurt-americans-more-than-pu
tin
/

If that happens, the Democratic Party might as well just disband because it's over for them forever.

--------------------------------------------------

Me: "Remember Covid?"

Useless Idiots: "What's Covid, durr? Russia, Ukraine, Putin, NATO *drool*. DURRRR!!!!"

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Friday, March 18, 2022 10:39 PM

Bitcoin could crush Russian ruble by rising another 140%, classic technical setup suggests

https://cointelegraph.com/news/bitcoin-could-crush-russian-ruble-by-ri
sing-another-140-classic-technical-setup-suggests


The Dominance Of The U.S. Dollar Is Fading Right Before Our Eyes

https://quoththeraven.substack.com/p/the-dominance-of-the-us-dollar-is
?s=r

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Friday, March 18, 2022 11:58 PM

Because of USA financial sanctions against Russia, including...

Confiscating property of foreigners who have nothing to do with the war in Ukraine

De-SWIFTING major Russian banks, and (especially)

Confiscating the assets held abroad by the Russian Central Bank...

many nations and wealthy individuals are re-thinking holding dollar and euro-based assets in American and European banks. Sure, the USA has stolen Ukrainian, Libyan, and Iraqi gold, and refuses to repatriate all of Germany's gold, and the Bank of England stole Venezuela's gold

Sure, the USA has arbitrarily and illegally frozen the assets of, and sanctioned a dozen nations across the globe...

But Russia is a G20 nation, and these illegal sanctions have touched nerves and affected economies everywhere.

*****

As a result

Russia and China have melded their non-SWIFT bank payment systems

Russia and India are doing deals using rupee-ruble currency swaps

The EAEU (Russia, China, and central Asia) are hammering out a common currency based on commodities and

Saudi Arabia has signaled that it would be willing to be paid in Chinese yuan

*****

As if that weren't enough, the USA is threatening CHINA with sanctions bc it is ignoring USA-imposed sanctions on Russia. As nonsensical as that sounds, the USA has been doing that for years

So the USD is being squeezed out of more and more international trade (thanks Joe*!) and is likely to be squeezed out of even more, since the USA has completely weaponized the petrodollar status and made it a risky asset.

Furthermore, Putin spoke a few days ago, and one of the things he said is that Russia will NOT confiscate assets tit-for-tat, but will be a reliable place in which to hold assets and invest.

I believe USA's full-on weaponizing the petrodollar has reached a critical point where many nations, and not just those currently being sanctioned (Balkans, Belarus, Burma, Central African Republic, Cuba, Democratic Republic of Congo, Hong Kong, Iran, Iraq, Lebanon, Libya, Mali, Nicaragua, Russia, Somalia, Sudan, South Sudan, Syria, Ukraine, Venezuela, Yemen, and Zimbabwe) will be looking for options outside of the USD, including Brazil, Philippines, etc.

Currency and financial systems behave gravitationally: the bigger they are, the more they attract. If non-USD systems reach a critical mass, the USD reserve currency system will implode.

-----------
Pity would be no more,
If we did not MAKE men poor - William Blake

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Saturday, March 19, 2022 12:29 AM

When everybody is sanctioned, nobody is sanctioned.

--------------------------------------------------

Me: "Remember Covid?"

Useless Idiots: "What's Covid, durr? Russia, Ukraine, Putin, NATO *drool*. DURRRR!!!!"

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Saturday, March 19, 2022 1:13 AM

Fantasy thread from Sigs started…? 5 years ago. Meanwhile, the Rubble is worthless and the Russian *stock market is still closed. Name another country that has done so embarrassingly bad. I guess all according to plan for “Novorossiya.” Great job Putin! Legacy! Oh, btw, there’s going to be a NEW Russia alright.

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Saturday, March 19, 2022 1:15 AM

Quote:

Originally posted by 6IXSTRINGJACK:
When everybody is sanctioned, nobody is sanctioned.



Who’s being sanctioned? No one is being sanctioned.

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Saturday, March 19, 2022 1:16 AM

Quote:

Originally posted by CAPTAINCRUNCH:
Quote:

Originally posted by 6IXSTRINGJACK:
When everybody is sanctioned, nobody is sanctioned.



Who’s being sanctioned? No one is being sanctioned.



Holy shit... lol

See what I'm dealing with here, folks.



--------------------------------------------------

Me: "Remember Covid?"

Useless Idiots: "What's Covid, durr? Russia, Ukraine, Putin, NATO *drool*. DURRRR!!!!"

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Saturday, March 19, 2022 1:22 AM

Did you lose your internet while you were living under that rock for a year, Cap'n?

https://www.atlanticcouncil.org/blogs/econographics/global-sanctions-d
ashboard-groundhog-edition
/

Here's a fun little map for you, assuming that your brain thinks in pictures instead of words like Ted's does. I don't remember. It's been so long since I've had to deal with your particular brand of dumb-assery that I'd purged it from my memory banks long before you came back.

It is unclear from the map if any country has put any sanctions on the Penguins of Antarctica yet.

--------------------------------------------------

Me: "Remember Covid?"

Useless Idiots: "What's Covid, durr? Russia, Ukraine, Putin, NATO *drool*. DURRRR!!!!"

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Saturday, March 19, 2022 2:06 AM

Quote:

Originally posted by CAPTAINCRUNCH:

Who’s being sanctioned? No one is being sanctioned.[

I see you've given up on any semblance of credibility.


-----------
Pity would be no more,
If we did not MAKE men poor - William Blake

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Saturday, March 19, 2022 3:41 AM

Quote:

Originally posted by SignyM:
Quote:

Originally posted by CAPTAINCRUNCH:

Who’s being sanctioned? No one is being sanctioned.[

I see you've given up on any semblance of credibility.





Ha! Jack said there’s no invasion, so how can there be any sanctions?
Pretty soon there probably won’t be any Putin, though! Legacy! New Russia!

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