Brics .....

[biglentil]

[sumdumguy]

Sort of looks like Brics versus America, am I right to assume that? Maybe the real world against the Wokies?

[LEP]

[ATTACH]12305[/ATTACH]

I doubt Japan and Mexico are walking away from USD.

There are also likely others that do substantial business in USD like Turkey.

[Sodbuster]

We were down in PV for 3 months this year and I can tell you they don’t want Canadian pesos or Mexican pesos, preferably USD. Interestingly the Mexican pesos appreciated over both the USD and the CDN this winter.

[LEP]

We were down in PV for 3 months this year and I can tell you they don’t want Canadian pesos or Mexican pesos, preferably USD. Interestingly the Mexican pesos appreciated over both the USD and the CDN this winter.

Yup. The peso is going to strengthen a lot in the next decade as manufacturing moves from China to North America.

[biglentil]

Mexico US relations have deteriorated significantly in the last month with Mexico's president calling out the Biden Admin for blowing up Nordstream 2 pipeline. Within 24h of that speech there were US state officials calling for US troops to be sent into Mexico to combat the cartels.

Its unfortunate that diagram I posted above is on the Mercator projection. The scales are way over exagerated in the northern hemisphere. For example, Greenland appears larger than the continent of Africa, when in reality Africa is 14 times the size.

[Old Cowzilla]

Trouble with maps they show huge areas that nobody lives there and the one's that do never trade with the rest of the world anyway.

[jazz]

I doubt Japan and Mexico are walking away from USD.

There are also likely others that do substantial business in USD like Turkey.

Nobody is saying the USD will disappear, its role as a reserve currency (and financial weapon) will be diminished over time. Pound sterling is still here, but its a fraction of the worlds exchange.

If China wants a dozen trains of canola and wants to trade in their yuan, are we really going to say no to that.

It only makes sense that the medium of exchange is one of the currencies of the parties involved in the transaction. Thats base financial logic.

[biglentil]

In the map above it appears that North America is larger than Africa when infact Africa is a 19% larger in landmass.

This should be the map used patented 1890, scales are correct and flight paths actually make sense.

[Old Cowzilla]

All boils down to whoever has the big guns or is buddies with big guns on who's $ we use otherwise instead of buying our stuff they will just take it . Just like what's happening just east of us on the other side of the pond.