I would read the article again if I were you. Carefully.
The fact is that not even the Russian IMF rep makes that statement. Out of that 5 paragraph anemic, void of data, article that you posted a link to, here is the only statements attributed to that Russian IMF representative.
“Such a proposal is being discussed,” the director told RIA Novosti. “In the event of the collapse of the dollar and the international monetary system, it will be necessary to turn the said BRICS accounting unit into a real currency, backed by exchange goods.”
Not a single time did he mention to "prepare for the dollar collapse" even if we are going to take his words as speaking for the organization.
He is speaking of the BRICS preparation "in the event" of a dollar collapse to have a currency that the IMF can use as a replacement.
That does not mean it is happening or that the IMF is preparing for that to happen.
You have a fire extinguisher in your kitchen IN THE EVENT a fire happens. That is not saying that a fire IS happening.
Here why don't you try posting data that people can analyze and make a decision for themselves with and not some shotty 5 paragraph article void of data written by an author full of assumption.
Here is the IMF on the same day speaking on that subject directly from their website chalk full of data sets and analysis. THIS we can attribute directly to the IMF.
Despite increased geopolitical risks, the latest data show that the U.S. dollar remains dominant. According to SWIFT, it accounts for over 80 percent of trade finance, likely because much of commodity trade continues to be invoiced and settled in dollars.
Is that five paragraph junk link you provided 5th generation information warfare?
After that embarrassing post and defense of I don't believe you have a clue.
Also since when is people's levels of understanding an excuse for posting half truths and junk?
Then to later come back and use that concept as a defense for posting junk? It's laughable!
"See I was just adjusting to different levels of understanding"
Mann....get outa' here with that junk. I'm not the one. I'll call you out every time. 😂
With regard to:
If you don't resonate concepts presented in this board, may be you should GTFO...
Bold words there buddy. I don't think I'll be doing that despite you thinking you own this forum. Apparently. Pfff...
I'll give you a clue as to when I'll leave this forum. I'll leave when it is no longer permitted to criticize junk posts. How about that young Padawan.
You have a lot to learn. How about you start with humility.
If the dollar collapses and its value goes to ZERO...
... what happens to the $50 Billion (or whatever) that the Congress just voted to give Ukraine? Are we going to give Ukraine worthless currency? Bummer!!!
Not exactly.
"According to a Russian IMF representative, BRICS is ready to offer an alternative to the US Dollar..."
Nothing in that article, so far as I can tell, indicates that the IMF said anything that resembles what the title claims.
"Prepare for US Dollar Collapse, IMF Warns"
IMF didn't make that statement yet the title appears to credit them.
A Russian representative made that statement. He happens to also be a member of the IMF.
They lead the reader to believe that the IMF made the statement while using the Russian representatives membership status to bolster the claim.
The reality is that the representative made that statement independent of the IMF as a body.
Article title is misleading at best. Outright fabricating at worst.
Just the same it's gonna happen. But not the dollar. Fed note will collapse.
You'll convince none who disagree with that article and your statement.
They'll call out the articles weakness as click bait and you'll be left with only the statement you just made as your response.
"Well. It's gonna happen"
And they'll walk away just as they came. Only this time with more reason to dismiss you in the future.
Our side is fully aware of the impending collapse. What we need is solid and accurate evidence to prove to those that still need convincing.
This article is a joke.
That's funny.
I would read the article again if I were you. Carefully.
The fact is that not even the Russian IMF rep makes that statement. Out of that 5 paragraph anemic, void of data, article that you posted a link to, here is the only statements attributed to that Russian IMF representative.
Not a single time did he mention to "prepare for the dollar collapse" even if we are going to take his words as speaking for the organization.
He is speaking of the BRICS preparation "in the event" of a dollar collapse to have a currency that the IMF can use as a replacement.
That does not mean it is happening or that the IMF is preparing for that to happen.
You have a fire extinguisher in your kitchen IN THE EVENT a fire happens. That is not saying that a fire IS happening.
Here why don't you try posting data that people can analyze and make a decision for themselves with and not some shotty 5 paragraph article void of data written by an author full of assumption.
Here is the IMF on the same day speaking on that subject directly from their website chalk full of data sets and analysis. THIS we can attribute directly to the IMF.
https://www.imf.org/en/News/Articles/2024/05/07/sp-geopolitics-impact-global-trade-and-dollar-gita-gopinath
Maybe you should take a break from reading your buddy clandestine. It's starting to rub off on you.
Is that five paragraph junk link you provided 5th generation information warfare?
After that embarrassing post and defense of I don't believe you have a clue.
Also since when is people's levels of understanding an excuse for posting half truths and junk?
Then to later come back and use that concept as a defense for posting junk? It's laughable!
"See I was just adjusting to different levels of understanding"
Mann....get outa' here with that junk. I'm not the one. I'll call you out every time. 😂
With regard to:
Bold words there buddy. I don't think I'll be doing that despite you thinking you own this forum. Apparently. Pfff...
I'll give you a clue as to when I'll leave this forum. I'll leave when it is no longer permitted to criticize junk posts. How about that young Padawan.
You have a lot to learn. How about you start with humility.
If the dollar collapses and its value goes to ZERO...
... what happens to the $50 Billion (or whatever) that the Congress just voted to give Ukraine? Are we going to give Ukraine worthless currency? Bummer!!!
Prepare for the collapse of the Federal Reserve Note.
The new US Dollar will be just fine.
The cabal is trying it's damned best to start a run on the banks, and destruction of the US economy. I don't believe that is part of the Plan.
Agree, the new US Dollar, non-FRN, backed by gold or silver will be just fine.
BRICS: Prepare for US Dollar Collapse, IMF Warns. (What will the exchange rate be?)