General Discussion

the_liberal_grandpa

(282 posts)

46. Don't forget the BRICS countries

Sat Feb 14, 2026, 11:29 AM

Feb 14

Are slowly moving away from settling trades between the with dollars but rather a gold backed currency.

https://en.wikipedia.org/wiki/BRICS_Pay

When nations decrease trading in dollars we will have to pay much higher interest in order to fund our 40 trillion dollar (and rising) debt. This means that interest rates will climb on everything and for everybody.

The road ahead for the USA looks very bleak.

Edit history

Please sign in to view edit histories.

Recommendations

2 members have recommended this reply (displayed in chronological order):

angrychair duckworth969

57 replies

= new reply since forum marked as read

Highlight:

Potentially hard times ahead [View all] angrychair Feb 13 OP

Dollar erosion is a major concern bucolic_frolic Feb 13 #1

Not positive angrychair Feb 13 #2

Gold standard isn't coming back lonely bird Feb 14 #39

Are banks safe??? Urgent Warning From Prof. David Cay Johnston liberalla Feb 14 #55

Thanks for posting, it's an important interview bucolic_frolic Feb 15 #56

prepare for interest rates to zoom. mopinko Feb 13 #3

MAGA don't care about educated professional people losing their jobs. They have jobs chasin MexuRicans. ChicagoTeamster Feb 13 #4

True Cirsium Feb 14 #43

True for some but I grew up in a Union household and was a teamster my first 2 years of College ChicagoTeamster Feb 14 #49

May Take Awhile modrepub Feb 13 #5

True regarding capital expenditures lonely bird Feb 14 #40

So maybe we need a Mark Carney type person for President? mwooldri Feb 13 #6

Can I ask in this very important thread how does one prepare? ALBliberal Feb 13 #7

Preparation markodochartaigh Feb 14 #53

I agree that the US is on a trajectory of economic disaster but I take one exception Bev54 Feb 13 #8

Then add the upcoming climate disasters... ananda Feb 13 #22

It is convenient to popsdenver Feb 13 #9

Yes angrychair Feb 13 #10

But when he is gone popsdenver Feb 13 #12

Fair point angrychair Feb 13 #14

Hey AC popsdenver Feb 13 #17

I've been saying this forever. People still don't get how much language matters. live love laugh Feb 13 #16

Hey popsdenver Feb 13 #18

That's what makes me throw things at the TV and 90% of online/Youtube postings! BComplex Feb 13 #20

You are more than welcome BC popsdenver Feb 13 #23

Scream from the rooftops they hate ALL Americans not just liberals NoSheep Feb 14 #42

Except China and Russias' economies are also in the tank. mwmisses4289 Feb 13 #11

Very different reasons angrychair Feb 13 #13

China is in the "shadows" popsdenver Feb 13 #24

Exactly right angrychair Feb 13 #26

China has a huge demographic problem lonely bird Feb 14 #41

American Jinga live love laugh Feb 13 #15

Elections have far greater consequences than what side gets owned on social media. Initech Feb 13 #19

No, Initech: This is the world that THE REPUBLICAN PARTY built. BComplex Feb 13 #21

I repeat popsdenver Feb 13 #25

True, but they are the face of the GOP. Initech Feb 13 #28

If you look at the evidence in the Trump fraud case brought by Letitia James Jarqui Feb 13 #27

77 million morons voted for him. Turbineguy Feb 13 #29

over 70 million voted for him timms139 Feb 13 #38

How many of the 90 million that "stayed away", RandomNumbers Feb 14 #45

Not as many timms139 Feb 15 #57

China won the economic war. Roc2020 Feb 13 #30

It will be all Biden's fault. milestogo Feb 13 #31

We've all watched this unfold in real time FoggyLake Feb 13 #32

I must disagree with your title. Strike the words Potentially and ahead. Hard times are here and getting worse. flashman13 Feb 13 #33

Don't forget AI coming for entry level white collar jobs trumpisapdf Feb 13 #34

love ur screen name here is a welcome heart gopiscrap Feb 13 #37

Welcome to DU LetMyPeopleVote Feb 14 #47

Guessing pdf stands for "petty dumb f**ker" KS Toronado Feb 14 #50

I'm not concerned. OldBaldy1701E Feb 13 #35

Elections have consequences gulliver Feb 13 #36

... jfz9580m Feb 14 #44

Don't forget the BRICS countries the_liberal_grandpa Feb 14 #46

I mentioned Brics angrychair Feb 14 #51

Typically, repubs crash everything... returnee Feb 14 #48

So true duckworth969 Feb 14 #52

This message was self-deleted by its author PeaceWave Feb 14 #54