India, Russia and China should form a coalition and dump the dollar as global currency

[CaptainMaverick]

Just now, CanadianMalodu said:

Primary thing is to decouple from dollar and get back to gold standard. Then pay off the debt and write it off as needed. These two moves alone will kill the inflationary predation of middle class and working class in India. 

Then India should focus on building up its own manufacturing base in all sectors and building own softwares however bad they may be till it excels it. 

But we don't do it at least in the current climate. Modi is saying "Lawadena Bhojyam" to India's middle class. Only some one more right and Indian Centric will do it. Not Congress or other stupid parties.

Yes correct! 

Modi is saying "Lawadena Bhojyam" to India's middle class.

[CanadianMalodu]

46 minutes ago, Teluguredu said:

They can't move or else they would have done it long time ago ,none of other countries have the supply chain ,skilled and relatively cheap labor like in China ,china isn't the same as it was in 90's and 00's,they have replaced foreign brands with their own in domestic and are threatening to dominate new fields like EV's.

China is only portrayed as boogeyman by American military industrial complex so they can keep printing money.

They can simply move to Mexico. They have done it NAFTA and can simply scale it up from there. With Mexico they don't have to worry about domestic brands as well. 

 

[Thokkalee]

1 hour ago, DonnyStrumpet said:

China and Russia will be ready to dethrone dollar. But Our vishwaguru will hide in shadows. For that matter any Indian politician in his place would do same as him. 

India doesn’t export much.. there is a huge gap between our imports and exports including our arms.. a country with such a huge gap cannot aspire to become a global power.. we don’t have any leverage except for exporting services and people.. 

[Android_Halwa]

4 hours ago, DonnyStrumpet said:

It’s time to dump the dollar for good. And  USA.

Go BRICS!!!!!

I understand if they restrict this discussion to H1B alone. But it’s not. The amount of hatred on Indians these MFs have is mind boggling. Screw them. 

20 years back when the idea of BrIcS was floated, no one took it seriously.

come 2024, Trump warns not to abandon dollar else they will fave consequences. 

#BRICS will exert its soft power. New Development bank will be an alternative to IMF. It takes time to gain the ground but its gaining ground already…

US needs to think beyond its traditional approach of tariffs and sanctions…

[Konebhar6]

Not a possibility

Not very easy to do. Russia will be in in it for sure. China wont be. IF USD or USA economy collapses, they along with Rich Arab countries are the ones to lose with all their debt and investments there. India cant take on any sanctions if imposed on them. 

 

[CanadianMalodu]

41 minutes ago, Android_Halwa said:

20 years back when the idea of BrIcS was floated, no one took it seriously.

come 2024, Trump warns not to abandon dollar else they will fave consequences. 

#BRICS will exert its soft power. New Development bank will be an alternative to IMF. It takes time to gain the ground but its gaining ground already…

US needs to think beyond its traditional approach of tariffs and sanctions…

BRICS is useless. If you can't create a common currency other than USD, and cannot have balances trade between these countries it's futile to talk about it. 

Trivia: US and Canada put together have highest natural resources, Farm land, Industrial prowess, fresh water and if Mexico is accounted then it surpasses all the BRIC block and EU. No competition. 

 

[Android_Halwa]

4 minutes ago, CanadianMalodu said:

BRICS is useless. If you can't create a common currency other than USD, and cannot have balances trade between these countries it's futile to talk about it. 

Trivia: US and Canada put together have highest natural resources, Farm land, Industrial prowess, fresh water and if Mexico is accounted then it surpasses all the BRIC block and EU. No competition. 

 

That’s exactly the reason why a new coalition is needed. US’a authority is the reason for new blocks and remember, one country cannot be a super power for ever. There will be alternate power centers which may not be as strong as US led block but they will gain importance…

[Jatka Bandi]

5 minutes ago, Android_Halwa said:

That’s exactly the reason why a new coalition is needed. US’a authority is the reason for new blocks and remember, one country cannot be a super power for ever. There will be alternate power centers which may not be as strong as US led block but they will gain importance…

Inthaki mee tanda lo em currency vadataru?

[Android_Halwa]

1 minute ago, Jatka Bandi said:

Inthaki mee tanda lo em currency vadataru?

Currency na ! Adenti ? Ma degara only barter system…fool proof system, sanction proof

[Jatka Bandi]

1 minute ago, Android_Halwa said:

Currency na ! Adenti ? Ma degara only barter system…fool proof system, sanction proof

marchukovadaniki emuntayi? cheddilu lantivi elagu vadaru. Mandu tagutu janalani munchadam tappite, pani chese mohalu kaadu eddy gaallu. Inkem vundi mee kada barter cheyadaniki? Swingers anamaku. Vunna izzat antha poddi.

[desimanager]

4 hours ago, CanadianMalodu said:

Let's do a bit of role reversal here. If tomorrow India starts importing thousands of people from Somalia and Sudan and other such countries, to do jobs for 30,000 INR a month and Indian Govt. issues visas, what would people in India say?

This wholesale selling of Indian workforce happened because Indian Govt. Purposefully ties its currency to USD instead of gold, as it would have resulted in political coups and assassinations.

Malodu don’t discriminate .. everyone is equal 

[CanadianMalodu]

6 minutes ago, desimanager said:

Malodu don’t discriminate .. everyone is equal 

Idhi eppati nunchi?

[desimanager]

3 minutes ago, CanadianMalodu said:

Idhi eppati nunchi?

Based on your quotes.. don’t hate man ..

live happily malodu..

 

[CanadianMalodu]

47 minutes ago, Android_Halwa said:

That’s exactly the reason why a new coalition is needed. US’a authority is the reason for new blocks and remember, one country cannot be a super power for ever. There will be alternate power centers which may not be as strong as US led block but they will gain importance…

China and Communists can't be trusted. They want to take your land and resources. Communism as an ideology is NOT compatible with India. 

India needs to be self sufficient first and then do balanced trade. BRICS is a clusterfcuk. India should get back to gold standard just as Russia, prepare for exit of FDI, settle the debts and have a balanced trade with Russia and other countries. 

[CanadianMalodu]

14 minutes ago, desimanager said:

Based on your quotes.. don’t hate man ..

live happily malodu..

 

Where is the hate? Don't equate policy positions with hate.