Venezuela drops US dollar will use euro for international transactions

[Picaro]

Venezuela is abandoning the US dollar, with all future transactions on the Venezuelan exchange market to be made in euro, Tareck El Aissami, the country's Vice President for Economy, announced.
Venezuela drops US dollar, will use euro for international transactions



Globa economic collapse is on it's way , everybody is or has been dropping the US dollar even before Trump.
The NWO / Globalist are dying to have a global economic collapse

Yes they did try to drop the USD but this time it was the fault of Trump for this move.

Will you take Venezuelan dollars for your pay? Of course not, which is why Venezuela and these other failed states 'drop the dollar'; their own currencies are worthless, like Confederate money and wooden nickels.

 

[Toddsterpatriot]

International financial clearing happens in space.

Tell me more!

It's a rather simple concept, Toddster. Every international transaction bounces off a satellite. The list of nations joing the Asian and BRICs banks is getting longer. The fact that they've been merging together in satellite ventures during this time is a little telling of what's going on.

We've seen some trade routes altered as well over the last two years. I expect nobody's been paying attention to that, though.

Every international transaction bounces off a satellite.

How did they clear before satellites?

 

[Natural Citizen]

Every international transaction bounces off a satellite.

How did they clear before satellites?

Toddster, I'm not talking about index futures here. The clearing house becomes irrelevant here.

 

[Toddsterpatriot]

Every international transaction bounces off a satellite.

How did they clear before satellites?

Toddster, I'm not talking about index futures here. The clearing house becomes irrelevant here.

I'm not talking about index futures either.

They can clear things just fine without a satellite.

 

[Natural Citizen]

I'm not talking about index futures either.

They can clear things just fine without a satellite.

Yeah, but if we're really paying attention, we're seeing a move toward different international financial clearing infrastructure by those nations. This has been happening ever since that NSA fiasco when other nations found out they were being spyed on. They've done a lot in a relatively short period of time infrastructurally. It's a pretty big deal.

It's clearly why we're seeing this so called space force being popularized. No doubt about it. Western media is useless and pretty much just a shallow propaganda wing of the defence agencies and the Fed, so best to just pay attention to what other nations are doing and piece it all together. As I said, it's been ongoing.

 

[Toddsterpatriot]

I'm not talking about index futures either.

They can clear things just fine without a satellite.

Yeah, but if we're really paying attention, we're seeing a move toward different international financial clearing infrastructure by those nations. This has been happening ever since that NSA fiasco when other nations found out they were being spyed on. They've done a lot in a relatively short period of time infrastructurally. It's a pretty big deal.

It's clearly why we're seeing this so called space force being popularized. No doubt about it. Western media is useless and pretty much just a shallow propaganda wing of the defence agencies and the Fed, so best to just pay attention to what other nations are doing and piece it all together. As I said, it's been ongoing.

Yeah, but if we're really paying attention, we're seeing a move toward different international financial clearing infrastructure by those nations.

They can try, but no one really wants to trade in those crappy currencies.

 

[Vikrant]

The real Indian currency is gold, not rupees.

India has goods and services that Iran and Russia value. Similarly, Iran and Russia have goods and services that India values. This is all that matters.

The trade with Iran amounts to around $9 billion, not much to build a 'collapse of the dollar' scenario on, and with Russia your businesses will want to be paid in gold, not Rubles, and it will amount to about the same amount as Iran's. Soon India will have to choose between trading with Iran for a $9 billion pittance gross bilateral, or join with Trump if he chooses to invoke the original embargo rules. Naturally India will decide in favor of the bigger traders.

I am glad to hear that dollar will not collapse. Hopefully, this will put you at an ease

 

[Toddsterpatriot]

The real Indian currency is gold, not rupees.

India has goods and services that Iran and Russia value. Similarly, Iran and Russia have goods and services that India values. This is all that matters.

The trade with Iran amounts to around $9 billion, not much to build a 'collapse of the dollar' scenario on, and with Russia your businesses will want to be paid in gold, not Rubles, and it will amount to about the same amount as Iran's. Soon India will have to choose between trading with Iran for a $9 billion pittance gross bilateral, or join with Trump if he chooses to invoke the original embargo rules. Naturally India will decide in favor of the bigger traders.

I am glad to hear that dollar will not collapse. Hopefully, this will put you at an ease

Maybe Russia, India and Iran should trade with Venezuelan Bolivars?

 

[Vikrant]

That is fine too. Countries should be free to trade in whatever currencies they want to trade without having to invite someone's wrath. .

So you have no problem with the U.S. being free to end trade with India because of India's trade with terrorists threatening to nuke one of our allies, and getting our other allies to do the same. Thanks, since we're going to exercise our freedom to trade with who we want to as well.

US is trading with Pakistan -- the largest terror sponsor in the world. Iran is far better a nation than Pakistan. It was Pakistan behind 911 not Iran. It is Pakistan sponsored terrorists not Iran who are killing American military personnel in Afghanistan. You are not on US side, my friend. Don't pretend otherwise.

 

[Vikrant]

Venezuela is abandoning the US dollar, with all future transactions on the Venezuelan exchange market to be made in euro, Tareck El Aissami, the country's Vice President for Economy, announced.
Venezuela drops US dollar, will use euro for international transactions



Globa economic collapse is on it's way , everybody is or has been dropping the US dollar even before Trump.
The NWO / Globalist are dying to have a global economic collapse

Yes they did try to drop the USD but this time it was the fault of Trump for this move.

Will you take Venezuelan dollars for your pay? Of course not, which is why Venezuela and these other failed states 'drop the dollar'; their own currencies are worthless, like Confederate money and wooden nickels.

When countries trade with each other, they are interested in each other's goods and services not currency. You fail to understand this simple fact.

 

[Meathead]

Venezuela is abandoning the US dollar, with all future transactions on the Venezuelan exchange market to be made in euro, Tareck El Aissami, the country's Vice President for Economy, announced.
Venezuela drops US dollar, will use euro for international transactions



Globa economic collapse is on it's way , everybody is or has been dropping the US dollar even before Trump.
The NWO / Globalist are dying to have a global economic collapse

They should put their debt in their Venezulan peso, or whateverthefuck they use.

 

[Vikrant]

Venezuela has oil which is stronger than any currency.

 

[Toddsterpatriot]

Venezuela has oil which is stronger than any currency.

Exactly!

Which is why they can't afford food and toilet paper.
Countries with the strongest currency never have millions of their own citizens
flee into neighboring countries to avoid starvation.

 

[Vikrant]

Venezuela has oil which is stronger than any currency.

Exactly!

Which is why they can't afford food and toilet paper.
Countries with the strongest currency never have millions of their own citizens
flee into neighboring countries to avoid starvation.

Why are you so bothered by the countries with "worthless" currencies trading with each other? It is not the currency that people need. People need goods and services.

 

[Toddsterpatriot]

Venezuela has oil which is stronger than any currency.

Exactly!

Which is why they can't afford food and toilet paper.
Countries with the strongest currency never have millions of their own citizens
flee into neighboring countries to avoid starvation.

Why are you so bothered by the countries with "worthless" currencies trading with each other? It is not the currency that people need. People need goods and services.

Why are you so excited about the countries with "worthless" currencies moving away from the dollar?

 

[Toro]

Venezuela has oil which is stronger than any currency.

Exactly!

Which is why they can't afford food and toilet paper.
Countries with the strongest currency never have millions of their own citizens
flee into neighboring countries to avoid starvation.

Why are you so bothered by the countries with "worthless" currencies trading with each other? It is not the currency that people need. People need goods and services.

And Venezuela’s oil production has fallen by nearly two-thirds because of the incompetent socialist government.

 

[Vikrant]

Venezuela has oil which is stronger than any currency.

Exactly!

Which is why they can't afford food and toilet paper.
Countries with the strongest currency never have millions of their own citizens
flee into neighboring countries to avoid starvation.

Why are you so bothered by the countries with "worthless" currencies trading with each other? It is not the currency that people need. People need goods and services.

Why are you so excited about the countries with "worthless" currencies moving away from the dollar?

I want all the "third world" countries to be able to look after their citizens' well being. If this objective is served by trading in dollars then so be it. If it is not then they should trade in whatever currency that facilitates this objective. Your position is strange: you criticize (mock) the poverty in "third world" countries and then you criticize these "third world" countries for taking steps to alleviate their poverty. This indicates your inherent malice towards a group of people who are just trying to make their lives better.

This world needs less wars and more trades.

 

[OnePercenter]

What international transactions? LOL!
If they want to sell oil to US refineries, they'll take dollars.

We have a glut of oil and gas, why are we buying foreign?

 

[Toddsterpatriot]

Venezuela has oil which is stronger than any currency.

Exactly!

Which is why they can't afford food and toilet paper.
Countries with the strongest currency never have millions of their own citizens
flee into neighboring countries to avoid starvation.

Why are you so bothered by the countries with "worthless" currencies trading with each other? It is not the currency that people need. People need goods and services.

Why are you so excited about the countries with "worthless" currencies moving away from the dollar?

I want all the "third world" countries to be able to look after their citizens' well being. If this objective is served by trading in dollars then so be it. If it is not then they should trade in whatever currency that facilitates this objective. Your position is strange: you criticize (mock) the poverty in "third world" countries and then you criticize these "third world" countries for taking steps to alleviate their poverty. This indicates your inherent malice towards a group of people who are just trying to make their lives better.

This world needs less wars and more trades.

Your position is strange: you criticize (mock) the poverty in "third world" countries and then you criticize these "third world" countries for taking steps to alleviate their poverty.

I did? Where? Link?

 

[Toddsterpatriot]

What international transactions? LOL!
If they want to sell oil to US refineries, they'll take dollars.

We have a glut of oil and gas, why are we buying foreign?

We have a glut of oil and gas,

You must have a unique definition of glut. Please share.