In the attached diagram, simply add up the oil market percentage % for all countries displayed in Red, Green, and Yellow. Total is roughly 80% of the total world oil market known reserved.
Currently comprised of Brazil, Russia, India, China, and South Africa, BRICS announced at the Johannesburg summit that Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates will officially join in January 2024.
America has lost any control it had over oil prices for the foreseeable future," stated Irish economist Philip Pilkington in an article for the British portal UnHerd.
In terms of oil reserves, BRICS will also control nearly half of the world’s total, 719.5 billion barrels out of 1.6 trillion. If Venezuela, which has also recently applied for membership, is accepted into its ranks, the group’s control will be even greater – around 65.4%. In comparison, the G7 group of leading economies (The US, UK, Germany, Italy, Canada, France, and Japan) controls only 3.9% of known crude reserves.
Perhaps the biggest failure of Biden's incompetent regime.
There are Billions of USD that were invested all over the world, because we WERE the one dominant exchange the world depended upon. You could take an American Dollar anywhere in the world, and it was good, at any merchant on the planet - it was actually PREFERRED.
Now, then those UNWANTED dollars start coming home, and make no mistake; they will be coming back - we will have HYPERINFLATION. There are simply not enough trees, I think we can make enough rope, but we need more trees.
Will this force the rest of the world to get off the fiat system? I'm really wondering what a new money system in the US would look like. Money systems will always be subject to corruption it seems. But, until we think of something better we at least must strive for the most transparent and real money system possible.
I don't get it. If you're a BRICS proponent, explain what magical thing you think happens when the US's reserve currency status is lost.
Trump said it would be a shame if the dollar was no longer the world's reserve currency.
BRICS countries are shit. There are five countries in the world who aren't using the Rothschild banking system, and none of them are in or ever will be in BRICS.
If tomorrow, US currency value was cut in half vs the Yuan, would you be thrilled if China suddenly bought up twice as much US land? Or if they invested twice as much money into controlling our politicians?
Download And Shared Diagram BRICS 11 Oil Market
https://files.catbox.moe/3ghbo0.jpg
https://archive.md/H1sLJ
https://web.archive.org/web/20230831044610/https://files.catbox.moe/3ghbo0.jpg
Source, Data, Calculations
In the attached diagram, simply add up the oil market percentage % for all countries displayed in Red, Green, and Yellow. Total is roughly 80% of the total world oil market known reserved.
https://files.catbox.moe/3ghbo0.jpg
https://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves#/media/File:Map-of-countries-by-proven-oil-reserves-(in-millions-of-barrels)---2017---US-EIA---Jo-Di-graphics.jpg
https://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves#Countries
https://www.tasnimnews.com/en/news/2023/08/25/2946725/brics-expansion-to-shift-global-energy-market-power-data-shows
https://www.theburningplatform.com/2023/08/26/expanded-brics-to-dominate-global-energy-markets/
https://web.archive.org/web/20230826132648/https://www.theburningplatform.com/2023/08/26/expanded-brics-to-dominate-global-energy-markets/
https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/
https://web.archive.org/web/20230831045253/https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/
https://www.forbes.com/sites/davidblackmon/2023/08/28/8-consequential-energy-implications-of-the-brics-expansion/?sh=71faedcc1bfe
More Red Pill Memes And Diagrams
https://www.visualcapitalist.com/cp/animated-chart-g7-vs-brics-by-gdp-ppp/
https://web.archive.org/web/20230831045253/https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/
Attribution
Thanks to Benjamin for the link
Perhaps the biggest failure of Biden's incompetent regime.
There are Billions of USD that were invested all over the world, because we WERE the one dominant exchange the world depended upon. You could take an American Dollar anywhere in the world, and it was good, at any merchant on the planet - it was actually PREFERRED.
Now, then those UNWANTED dollars start coming home, and make no mistake; they will be coming back - we will have HYPERINFLATION. There are simply not enough trees, I think we can make enough rope, but we need more trees.
So who is cashing out their 401k?
Will this force the rest of the world to get off the fiat system? I'm really wondering what a new money system in the US would look like. Money systems will always be subject to corruption it seems. But, until we think of something better we at least must strive for the most transparent and real money system possible.
I don't get it. If you're a BRICS proponent, explain what magical thing you think happens when the US's reserve currency status is lost.
Trump said it would be a shame if the dollar was no longer the world's reserve currency.
BRICS countries are shit. There are five countries in the world who aren't using the Rothschild banking system, and none of them are in or ever will be in BRICS.
If tomorrow, US currency value was cut in half vs the Yuan, would you be thrilled if China suddenly bought up twice as much US land? Or if they invested twice as much money into controlling our politicians?