Posted By: HornySingapore1. Ads from User. Contact User. Send PM to User. Buy best sex toys online in singapore at Hornysg. Please use the above Contact User form to contact the advertiser directly. Visit Expat Forum. Re: De-dollarization. There's no way, such a tectonic shift will happen without a decent spell of global turbulence.
The good news is that it's still a ways off, in opinion. The bad news is that it will continue to grind on at a glacial pace, until it suddenly happens all at once, probably during a black swan. Bottom line: Yeah, I reckon it's something we should be concerned about.
Posted in Financial Investment. Second, not everyone is a USD based consumer. US stocks the big indices have foreign profit streams that will be worth more dollars if the USD declines. Most likely, the US indices are still net long the dollar.
I haven't yet researched fully what it is, how real it is and if so what are it's impacts but my initial thoughts are that it is largely centering around BRICS with occasional talk about using an alternative currency for trade or foreign currency reserves. Why Russia would talk about it is obvious. How seriously would I take Russia that has become a pariah nation - not very.
China is an economic heavy weight but also increasingly at odds with the western world, but that in itself couldn't be a reason why they couldn't champion the cause of the global south. India is a big economy and still developing but still not able to pack a big punch like China. Having said that, my thought is that since BRICS is to a large extent India and China, they are not going to agree on a common currency given the state of the relationship between the Re: Coffee machine that can make a Starbucks equivalent cappuccino.
