No.

Not if they convert it to something else as soon as they receive it.

Anyway, the point is the USD is still the cleanest dirty shirt and there's nothing on the horizon which can seriously threaten it (except Bitcoin, but that's very much on the horizon)

The fact that they wire USD through the SWIFT system doesn't really matter that much. You can wire EUR or JPY as long as it's exchangeable. What matters is what the recipient holds / invests in.

Countries tend to hold USD because they have USD denominated debts, and every other currency inflates faster than the USD so it just makes sense.

BTC may threaten the USD though, when it gets large enough.

Assets of a few people were frozen, and yes, that did cause a lot of consternation. But nobody is seriously moving away from the dollar.

BRICS-Coin is a meme, petrodollar is also largely a meme, the petrodollar system did exist for a few years in the 70s, but what floats the dollar now is the fact that it has the deepest credit markets. If you want to borrow money, you borrow USD, there just isn't any competitor out there.

The Dollar is weakening, but it is at a snail's pace and the US is far closer to a revolution in the oligarchy than it is to a loss of global dollar dominance. There is one caveat however: The USD may collapse if it is intentionally collapsed by the US government.

Some thoughts about Russia & WW3:

1. Russia will always come back to The West.

Why? Because The West is the only game in town, and it's the game Russia has played since at least the fall of the Soviet Union. Russian oligarchs send their kids to school in The West, they have vacation homes in The West, they keep their money in dollar bank accounts and have their investments in The West.

Russia doesn't have what it takes to go off on it's own, and trying to do so would end them up becoming a backwater like Iran. The only country who can seriously even consider a break with The West is China.

For Russia, the only possible move would be cozying up to China, and to do this would be a massive break from tradition. Russian top brass are decidedly NOT Chinese. They don't keep their money in Chinese bank accounts, they don't own Chinese real estate, they don't invest in Chinese companies. Like I said, they're Western.

It's not just a difficult transition, it is actually a BAD move. Russia has figured out how to influence politics in The West and is able to jokey for a seat at the table. The Chinese will be damned if they ever let a non-Chinese person influence Chinese politics. So cozying up to China is a one-way-street, China will gain power over Russia and that's it.

AND WE'RE ALREADY ON FEDIBLOCK LOL

just went 3 levels deep in project prerequisites. never do that...

It’s not, it’s the Label Red model and it’s almost $200,000 btw lol.

I don’t really like the new BMWs. I think cars are just getting uglier in general.

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