Angola started doing this almost a decade ago, and the entire world called them mad. Their country has been growing and becoming more stable ever since they made that decision.
Thats not what their GDP and revenue says lol despite all those minerals and resources they are still considered poor. Change of currency matters not if poor or corrupted management is present.
@@hani114 lmao every economic journal ive read and the countries reported economic information. Unless the information presented by those african countries are nit 100% true and they are just saying that 😆 you do know what makes the economy right? People, the citizens of those countries make the economy and stimulate it. So a growing economy is the number of people being born and the ones present to stimulate the economy. Growing maybe, but whats the point of growing if the majority of the citizens are poor and uneducated? Btw im not jealous, i live in a wayyy better country that allows me be educated, work, and not be prosecuted by the government if i criticize it lol and also the US is still a far better position so why would i be jealous of people who still live in an awful environment?
You have to do that with the other countries in BRICS who aren't part Africa. Just look at how they treat black people in their country. I feel it's better to focus on African nations.
@@vanpeters9751 Specially, which "Americans" (since we all come from Africa) still have to worry about Sun Down Towns, gentrification & Biden's crime bill? I'll wait... 🎵Jeopardy music playing🎶
I wouldn't put faith in the UN. They did nothing when haile selassie asked them to call off Italian invasion, which ended in the result of the famines they always televise on US TV.
The UN is a western extension, their resolutions are useless to any country that's not subservient to the US. Hopefully the UN will fall soon after the dollar is severely crippled.
Probably not in this century if you guys still discriminate each other over tribal identities and allow rogue warlords with child soldiers to do damage. You need to solve this before any real change can happen.
If thats true then why do you still have warlords with child soldiers causing chaos, Black on black discrimination due to tribal ideology and mentality, religious militants killing non muslim blacks, or even ethiopia hoarding all the water egypt and sudan needs? While america invested in domestic oil production so to not rely on foreign, semiconductor production for our tech, and many more projects that serve to help improve us than fall? Lol what information are you going by? 😂
They are rich, because of poor vounyries. In other words, they expore the weak country to be rich. That makes the world unfare. If every country enjores his own resource, there would not be rich and poor anymore
What currency would this smart boy use? Countries that have troubles mantaining their own currencies can not create new, succesfull one. They have been talking about that for 15 years and did nothing. Where is Russian Fantasy Currency described bellow today? 10 July 2009 • 4:38pm Telegraph Russia's President, Dmitry Medvedev, pulled the world's new currency from his pocket at the meeting of G8 leaders in the Italian city of Aquila. Mr Medvedev, who has been seeking ways to displace the dollar as the world's dominant reserve currency, produced a sample coin of what he described as a 'united future world currency'. Russia, alongside China and India, have all questioned the dollar's future as a global reserve currency - a status it has enjoyed since inheriting it from sterling last century.
Good, who will take pesos, rubles, rupies, all this currencies are out of the system, even the chinese wuan, better study economy or stay out of this conversation. Choose in what curency raw materials from africa will pay,everybody ask bollars. After six months nobody remembers this
@hillbilliefx Ghana has one of Africa's largest reserves at just under 9 ton, Africa together is a little over 1000 tons, Russia and China are 5500 tons, The United States is just over 8500 tons on reserves
@@carterdjohnson9673 The African Continent has the highest level of gold deposit in the world and I think that's what the gentleman was referring to.....
Unfortunately nothing can defeat the dollar. Don’t forget that the BRICS countries deals not only with BRICS countries but also with countries out of the BRICS that will still need the dollars. The dollar will still be the dominant currency for at least 50 years or more.
L'america può stampare dollari carta straccia all', infinito..... Fino a quando i paesi. poveri.... Li accetteranno in cambio della loro merce??? L'economia americana è basata solo sul commercio della guerra. E dei dollari carta straccia???
@@ReinaAfricana Before you start talking nonsense, do you have any economic idea on how to beat the dollar?? Do you think it’s easy to beat the dollar when the G7 countries has a total GDP of 47.7 trillion dollars and the BRICS 31 trillion only?? Moreover there are still other countries out of the G7 and out of the BRICS who are still trading using the dollars. The Indian finance minister already said it two days ago that, he doesn’t believe that the BRICS will be able to bring down the dollars in bear future. Only the American GDP alone is almost 27 trillion dollars. So what do you have to counter them with that kind of giant economic that they are having???
@@ReinaAfricanalmao people from underdeveloped countries think they are more educated than economists who actually had the opportunity to learn an educational skill that is important to civilization. Everyone in high school economics knows currency displacement doesnt happen over night or in ten years.
@@user-wc4qs8xj5kthats a lie, you depemd on our tech and innovations. How else did you acquire the internet? The US created it so now you can complain and spread false information 😂 youre welcome.
Nah, we are investing in domestic oil to rely less on foreign which will create jobs, building our own semiconductor chips for our tech instead of worrying about taiwan,amd many other projects focused domestically.
Plus its not overnight something loke that changes. And most of the countries in Brics have current border issues or have fought in battles that never really had a end result lol
I'm weary about CHINA, if you look at how THEIR changing the Bible, it should show Africa which is very spiritual, deep in contracts THEY'LL change that too, and how their Moral compass is questionable, remember they have overpopulation, I think it's important to remember REALIZING THIS is BUSINESS, NOT a FRIEND SHIP, 😌
@@egwthe1 Credit ratings for a currency indicate the interpreted financial health of a nation by other nations and large financial institutions. The US dollar dropped in rating so it appears to be weakening in perceived value.
As an American I can’t help but laugh at little lulu 😂😂. Not only does he support socialism but he didn’t even win his election. The American dollar will never fail
The fact is the U.S. dollar has been in free fall for years. The dollar is currency created by a private bank, not constitutional and backed by nothing more than AIR. Simply put, it’s a debt instrument. It’s clearly stated. No economy can operate indefinitely on nothing more than debt. Hence Rome.
@@stephaniebrown4499oh don’t forget the great Ottoman Empire that fell as well 400 years later after taking over the great Roman Empire ! Lol. Americans are in for a rude awakening. All you can do is watch and wish everyone the best lol.
