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Showing posts with label payment. Show all posts
Showing posts with label payment. Show all posts

Monday, August 25, 2025

DPWH contractors an inspiration?

It is more fun criticizing

Couple who now are multi billionaires  featured by a network, being such after being a contractor with now notorious govt department, with palatial homes and 40 luxury cars (with some costing P20 to 30 million each, AN INSPIRATION.

Did the couple pay the interviewers?   As stated by a MM mayor?  


Wednesday, July 27, 2022

BRICS sets new reserve and payment currency

It is more fun criticizing










Russia and the rest of BRICS (Brazil India China South Africa are set to name a new currency to end
dollar dominance in international finance:  reserve and payment system  Such a move can be detrimental
to the stability of the dollar as USA is experiencing:    high inflation, high govt budget deficit  high 
level of public debt ($30 trillion)  Its all ready printing more money - and for as long as money it is printing is being absorbed by the rest of world as payment for oil and other goods its value would remain stable as a thing of value of choice. 

When it is no longer used as reserve as payment currency, the dollar being printed will be piling up in USA and trigger hyperinflation as in Nigeria Sri Lanka, and Venenzuela

BRICS sees decline in importance of dollar in international finance. Others see this as a move in warfare by USA to end US dominance.

Others see USA initiating  war to end economic dominance of the countries being invaded or threat to the dollar.