Russia and India Conduct 90% of Trade in National Currencies – BRICS De-Dollarization Intensifies!

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“DOLLAR DOLLAR BILL, Y’ALL: Russia & India Ditch the Greenback!”

So, you’re telling me that Russia and India are doing some sort of economic thing together, and it’s all about ditching the dollar? 🤔 Yeah, sure, because that’s exactly what I want to hear from two countries that are basically like my crazy relatives – always doing something weird. 🤪

Anyway, according to some guy named Denis Alipov, who’s like the ambassador or something, they’re doing about 90% of their direct transactions in their own currencies. Wow, what a milestone! 🎉 I mean, I’m pretty sure my accountant does more than that in a day. 🤦‍♂️

And get this – they’re talking about integrating their payment systems, like some sort of economic merge of the two countries. I’m no expert, but doesn’t that sound like a recipe for disaster? 🤯 I mean, have you seen the lines at the DMV? 🚗

Trade Volume Hits $64.5 Billion, Russia Becomes Key Partner

So, it turns out that Russia and India are doing some serious business together. Like, $64.5 billion serious. 🤯 That’s more than I make in a year, and I’m not even counting my side hustles. 🤑

And apparently, Russia is India’s second-largest supplier after China. Yeah, because that’s not a recipe for disaster either. 🤦‍♂️ I mean, have you seen the news lately? 📰

“Russia is India’s fourth-largest trading partner and the second-largest supplier by volume, following China,” said Alipov. Yeah, because that’s exactly what I want to hear from someone who’s probably getting a kickback from Russia or something. 🤑

With Russia emerging as India’s second-largest supplier after China, the numbers underscore Moscow’s growing economic influence in the South Asian market. Yeah, because that’s not a problem at all. 🙄

BRICS Nations Push for De-Dollarization, Trump Threatens Tariffs

So, it turns out that Russia and India are part of this thing called BRICS, which is like a group of countries that are trying to reduce their dependence on the dollar. Yeah, because that’s exactly what I want to hear from a group of countries that are basically like my crazy relatives – always doing something weird. 🤪

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However, the move has not gone unnoticed in Washington. In December 2024, Donald Trump fired off a warning on his Truth Social platform, threatening to impose a 100% tariff on all imports from BRICS nations if they pursue a common trade currency. Yeah, because that’s exactly what I want to hear from someone who’s basically a crazy old man. 🤪

His remarks highlight the growing tensions between emerging markets looking for alternatives and the U.S., which seeks to maintain its financial dominance. Yeah, because that’s exactly what I want to hear from a country that’s basically like my crazy relatives – always doing something weird. 🤪

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2025-02-12 18:41