Quote from: Casdinyard on December 29, 2023, 11:12:39 PM

Quote from: Gladitorcomeback on December 27, 2023, 03:11:43 PM

Iran and Russia both are big source of oil, supplying oil to many countries. Both countries are economically strong and have a very good relationship. Russia is also part of BRICS while Iran will join in the Jan 2024.

Now news come out that both countries are trying to ditch US dollar for which they have now planned to trade in local currencies. what do you think this movement will help both countries? will It has any bad impact on US dollar?

Of course it's going to badly impact the US dollar, just how severe should be the question you should be asking. These countries that have become part of the BRICS alliance do not have the best relationships with the US ever since, and yet despite that they still depend upon the US economy a great deal. So in that regard I still think there will be a substantial impact upon the US dollar should they continue with the ditching of USD. One can argue that they could bar the US from receiving export and resources like oil, which will severely affect the US economically, but I don't think it's oil that will be the biggest denominator in this battle of attrition really. Especially when the world's turning towards electric vehicles and everything that's automated.

I think what could really affect the US economy here is the prospect of a formidable foe that could thwart the western superpower economically and in the military sector. Much of the countries in the BRICS have their fair share of nuclear warheads and weapons that they can detonate at their disposal and since the US is basically fighting in a 1 vs. everyone situation here, the mutually assured destruction caveat don't apply.

The following countries in BRICS possess nuclear weapons:
Russia is an international terrorist country. Yes, it can be the author of a nuclear war. But. Russia shits in front of the whole world with its "second army of the world", and "unparalleled weaponry". Russia turned out to be a fake country, as well as we can assume a strong degradation of nuclear weapons.

China is a country globally dependent on the West - investment, technology, consumer market. Do you think it is profitable for China to start a war against those who essentially created and support China's economy? !

India is an absolutely adequate country, with a western vector of development, not tainted by ties with rogue countries, which wants to develop and integrate more deeply into the WESTERN economy.

And the most important thing is that all these countries are very eager to get DOLLAR !