Will The US Dollar Lose Reserve Currency Status?

[TekNiKo]

Russia still needs that gas/oil money revenue, especially since they getting kicked out of Swift system, maybe in 5 years or so they can

Russia can sell to South Asia and China they already have the infrastructure ready to switch to whole new markets down there, so they dont really need EU but EU desperately needs them

 

[TekNiKo]

Where do you think the EU gets the rest of its gas from?

Where do you think Spain, for example, gets its gas from.

It wont make up for the 40% gap lost if Russia shuts down EU pipelines.

 

[Periplus]

It wont make up for the 40% gap lost if Russia shuts down EU pipelines.

Most African gas comes from Algeria alone, but when they connect the grid to Nigeria/Niger as well as Angola and Mozambique it will be gg for Russia.

They’re already constructing a trans-Saharan pipeline and will build one that connects Nigeria to Southern Africa gas fields.

Russia will be left in the dust.

 

[Omar del Sur]

Spoiler

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then you should be able to give some actual evidence and make an actual argument rather than just claim to be an expert

 

[Abdisamad]

These sanctions on Russia will be met with 50% of Europe energy being cut off. When the rolling blackouts and lack of heat coupled with record gas prices and inflation will totally cripple EU economy.

Dollar crash will ensue

As euro Somali I'm not interested the above to ever happen to my home country.

 

[World]

Most African gas comes from Algeria alone, but when they connect the grid to Nigeria/Niger as well as Angola and Mozambique it will be gg for Russia.

They’re already constructing a trans-Saharan pipeline and will build one that connects Nigeria to Southern Africa gas fields.

Russia will be left in the dust.

It wont make up for the 40% gap lost if Russia shuts down EU pipelines.

Russia supplies 190 billion cubic meters of gas annually to Europe. The trans-Saharan pipeline has an annual capacity of 30 billion cubic meters.

Yep Russia will be left in the dust. Poor Russia, they will only be able to supply 34 % of Europe’s natural gas instead of 40 %.

 

[Shadow-san]

Russia’s economy is tiny af (relatively), it’s insignificant to the US.

China manipulates their currency blatantly so the Yuan will never be backed.

India is a Quad (Quad > NATO) ally and will be brought back to the fold.

Bitcoin has the greatest potential of being a world reserve currency. These other fiat currencies don't have much worth.

 

[Shadow-san]

Haye, mudane TekNiKo.

It's the truth walaal. Every fiat currency in history has failed. The same is gonna happen to the dollar.

 

[Al Muslim]

It's the truth walaal. Every fiat currency in history has failed. The same is gonna happen to the dollar.

The moment the taghut governments controlling the oil reserves of Muslims fall, and Muslims stop selling oil in dollars, the dollar and the entire fiat system built on interest will collapse. This is something which will happen without a doubt.

يَمْحَقُ اللَّهُ الرِّبَا وَيُرْبِي الصَّدَقَاتِ ۗ وَاللَّهُ لَا يُحِبُّ كُلَّ كَفَّارٍ أَثِيمٍ

Allah destroys interest and gives increase for charities. And Allah does not like every sinning disbeliever.

Quran [2:276]

 

[Periplus]

Russia supplies 190 billion cubic meters of gas annually to Europe. The trans-Saharan pipeline has an annual capacity of 30 billion cubic meters.

Yep Russia will be left in the dust. Poor Russia, they will only be able to supply 34 % of Europe’s natural gas instead of 40 %.

If you read my post, you will see it is written in the future tense. That means that I’m talking about something that will happen years from now not now.

Meaning, I’m talking about it’s capacity in the future.

African gas can supply Europe, the problem is the infrastructure which obviously be updated.

 

[World]

If you read my post, you will see it is written in the future tense. That means that I’m talking about something that will happen years from now not now.

Meaning, I’m talking about it’s capacity in the future.

African gas can supply Europe, the problem is the infrastructure which obviously be updated.

The trans Saharan gas pipeline probably won’t even be built, it’s a fantasy. It runs through many volatile regions infested with terrorism and insurgencies. Maybe by 2050-2060, Africa will be secure enough to supply Europe.

 

[Periplus]

The trans Saharan gas pipeline probably won’t even be built, it’s a fantasy. It runs through many volatile regions infested with terrorism and insurgencies. Maybe by 2050-2060, Africa will be secure enough to supply Europe.

It will become a reality now that Russia is acting up. Either that or Europe goes back to nuclear power.

 

[Basra]

India is NOT included. Don't try to hype your ideology of Anti Americanism.

 

[المهندس]

India is NOT included. Don't try to hype your ideology of Anti Americanism.

alhamdulilah i am anti-merikan, haa burburto

 

[Basra]

alhamdulilah i am anti-merikan, haa burburto

I know. ha ha ha ha ha ha


How are u by the way? I missed u

 

[TekNiKo]

Its gonna get ugly get ready to be poor

 

[Aboow]

Its gonna get ugly get ready to be poor

This is just sad! SubhnAllah
May Allah protect us ameeen

 

[Omar del Sur]

America's sanctions on Russia are hurting the US 'in a profound way,' US dollar's status at risk and taxpayers will bear the cost, says Citadel's CEO Ken Griffin​

America's sanctions on Russia are hurting the US 'in a profound way,' and taxpayers will bear the cost, says Citadel's Ken Griffin

"American taxpayers are going to pay for this in the form of higher interest rates on our debt," Griffin told Bloomberg TV.

finance.yahoo.com

 

[Abba Sadacha]

It's all planned, be assured that, it's not done by accident or etc.