Brics nations buying russian commodities but they getting rubles from UK and Eu

[Shortmaster]

Brics nations doing trades a lot with russia but they don't have rubles so the world largest RUBLE holders are the UK switzerland and european banks.
Brazil specially buying rubles from UK because UK want to get rid of the rubles by 2030 when oil price will fall and no more dirty energy but world will move to Green energy.

Question is who want to hold rubles ? Off course the brics nations....lol ofc brazil china africa india will start to try to dump rubles on each others lol 😂 last guy on the block will get that rubles.

while UK banks and switzerland are clear winners here, before war the UK financial instutions and EU and switzerland ones dealt with large russian trades oil gas and many more so only they themselfes have so much rubles to exchange those for brazil china or indian currencies UK have choosen BRAZIL so UK itself will be brokering Country to sell brazil goods and food right now UK Banks and financial instutions collecting brazil currency a lot to make UK city of London the brazil commodities central selling and brokering Center off course with lower brazil currency so UK can sell brazil agriculture by buying with GBP for huge profits.

Brics is perfect plan how the brics nations economy collapse and UK USA and Europe can increase power over them meanwhile russia contining the war to make it perfect way for USA UK and Europe to take over the world Even more.
Brics nations waiting for collapse so the UK and USA and EU can bail them out with higher currency and when their own local currency will be weak.

[coupable]

Everyone benefits from the status quo and Russia has taken great steps to establish a more solid and diversified BRICS alliance in markets and economies to fill its deficit since the invasion of Ukraine began due to international sanctions. The BRICS countries, in turn, benefit from the Russian crisis to buy their energy products (oil and gas) at very cheap prices in exchange for supplying the Russian market with products at relatively high prices compared to their real price if there were no sanctions on Russia.

Some dream that these are steps to gradually get rid of the dollar and establish new financial rules for the global market, but this is closer to an illusion. Simply put, even the countries in the BRICS alliance cannot stop using the dollar because they cannot completely isolate themselves from the global market. In addition, the largest creditor to the United States is China (a founding member of BRICS), and most of these debts are in the form of government bonds denominated in dollars. If something happens to the dollar, everyone will be affected.

[Lida93]

Some dream that these are steps to gradually get rid of the dollar and establish new financial rules for the global market, but this is closer to an illusion. Simply put, even the countries in the BRICS alliance cannot stop using the dollar because they cannot completely isolate themselves from the global market. In addition, the largest creditor to the United States is China (a founding member of BRICS), and most of these debts are in the form of government bonds denominated in dollars. If something happens to the dollar, everyone will be affected.

Every country wants to find themselves where they would have a stake, and not just continuing being floor members in the global arena and that's why they all continue to pursue their different interests with every possible opportunity they can lay their hands on. I do believe in competition because that's what makes for standards to exist, particularly healthy competition. So in my opinion, the BRICS coming into existence shouldn't be seen by the  Western or European countries as a platform that wasn't supposed to exist except they no more believe in the gospel of the freedom of association as preachers that they are.

The US dollar is the king of all currencies globally because it has the most wide usage in international transactions than any currency we can think of and for now the BRICS doesn't come close, so it's not surprising that some of the BRICS countries still make do of the dollar despite their BRICS alliance. It's not anything they can do away with instantly as there are certain economic battles they must over come before they can have that accomplished but this could take years to happen or perhaps the BRICS could as well die a natural death if it fails to achieve it's aims.

[coupable]

Some dream that these are steps to gradually get rid of the dollar and establish new financial rules for the global market, but this is closer to an illusion. Simply put, even the countries in the BRICS alliance cannot stop using the dollar because they cannot completely isolate themselves from the global market. In addition, the largest creditor to the United States is China (a founding member of BRICS), and most of these debts are in the form of government bonds denominated in dollars. If something happens to the dollar, everyone will be affected.

Every country wants to find themselves where they would have a stake, and not just continuing being floor members in the global arena and that's why they all continue to pursue their different interests with every possible opportunity they can lay their hands on. I do believe in competition because that's what makes for standards to exist, particularly healthy competition. So in my opinion, the BRICS coming into existence shouldn't be seen by the  Western or European countries as a platform that wasn't supposed to exist except they no more believe in the gospel of the freedom of association as preachers that they are.

The US dollar is the king of all currencies globally because it has the most wide usage in international transactions than any currency we can think of and for now the BRICS doesn't come close, so it's not surprising that some of the BRICS countries still make do of the dollar despite their BRICS alliance. It's not anything they can do away with instantly as there are certain economic battles they must over come before they can have that accomplished but this could take years to happen or perhaps the BRICS could as well die a natural death if it fails to achieve it's aims.

For the same reasons, I am not surprised by the silence of the Western alliance on the intentions of the BRICS regarding the dollar and trade exchanges because they know that they will not succeed in changing the real facts that impose themselves. I also cannot believe Putin’s words when he talks about getting rid of the use of the dollar and considers it a consumerist speech to please the masses. Does anyone know how much time and effort it took for the dollar to reach its current position despite all the criticism about it? The issue goes beyond fair competition because the dollar won the monopoly when it played alone for decades without any competitor appearing. If the BRICS intend to get rid of the dollar within the framework of fair competition, I hope they tell us where they will start and end the work? And how will they convince the global market of this?

[Mate2237]

What is playing out here is politics and interest nothing else because the G8 and it's allies are having too much influence over the policies in the world including trade and even international politics that is why Brics a couple of disgruntling countries came together to form an alliance to see how they too can come together and fight back at these countries and Russia was the Brain behind this but looking at the activity of Brics they have come a long way because I didn't expect the organization to come this far just this month new members like Nigeria has just joined them

What I see in all of these things playing out is interest and nothing else because the world is getting to a place where smaller nations are getting more oppressed in the hands of the bigger nations and these smaller nations has to come together and just cooperate with they are to survive in this present world lead by the U.S that is highly double standards when it comes to certain issues

[moneystery]

now this may sound funnier to you, but that is the purpose of the formation of BRICS, as an organization where its members can trade using their respective currencies, without the US dollar frills. and i don't see anything bad about this, because all trade agreements are carried out smoothly and so far there have been no problems between members.

and to solidify this organization, the plan is for BRICS to launch their own currency which will be used in trade between members. so in the future, BRICS members will not transact using their respective national currencies, but with the BRICS currency directly which is based on gold.

[WillyAp]

now this may sound funnier to you, but that is the purpose of the formation of BRICS, as an organization where its members can trade using their respective currencies, without the US dollar frills. and i don't see anything bad about this, because all trade agreements are carried out smoothly and so far there have been no problems between members.
 

Yeah as long as you can put to use the dinar, pesos or whatever else currency.
It is not that wonderful in praxis. In reality using the hated $ is much easier.