BRICS Push Dedollarization to Another Level: What next?

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  • čas přidán 23. 08. 2024

Komentáře • 145

  • @fastepo
    @fastepo  Před měsícem +14

    China Reject IMF: What next?
    czcams.com/video/2A40L-FeQMo/video.html

  • @jonathanfriedlander8563
    @jonathanfriedlander8563 Před měsícem +49

    Dedollarisation excellent!

  • @pangkiatloh4555
    @pangkiatloh4555 Před měsícem +53

    Good to stop US from bullying other country.

    • @joegood9186
      @joegood9186 Před měsícem +2

      It's not we the people it's our government, please tell me your not that lost.
      We as citizens know not to go invading countries but our government somehow don't.

    • @albertlevinsaber6835
      @albertlevinsaber6835 Před měsícem

      I agree with you, many people outside the US are also bitter to the unequal PPP of US$ vs other currency. We gave up our time for hard earned income that their government can print out of thin air, to trade for goods and services that they can enjoy at a discounted value.
      ​@joegood9186 I understand and sympathize with all common people. Most politicians are bastard everywhere

    • @jafarbadri9080
      @jafarbadri9080 Před měsícem

      @@joegood9186 yeah but u are the same if u are not against so i will say US is hated everywhere

  • @nickpope8056
    @nickpope8056 Před měsícem +10

    Well done, BRICS, the future is yours ❤❤❤

  • @pardeeptandon
    @pardeeptandon Před měsícem +39

    The De-Dolarization process has been underway for a few years now. It is a slow, gradual process. But it is inevitable and America should prepare for it.

  • @bno5357
    @bno5357 Před měsícem +17

    No more USD paper USD ,no more war!

    • @sulongenjop7436
      @sulongenjop7436 Před měsícem

      US is defeated. NATO is collapsing and UN is blunder too! The economic world war is won by the powerful gang!

  • @elinys2843
    @elinys2843 Před měsícem +9

    What exactly did the US expected to happen? They demand every country they deal with to pay and get payed in dollars and they print it as they need it, so actively, permanently and increasingly devaluating their own currency.

  • @MazM911
    @MazM911 Před měsícem +17

    Well done, please dont stop.

  • @lovestrong3582
    @lovestrong3582 Před měsícem +34

    It was always inevitable that the USD would go down. We're just witnessing it now.

  • @dwaynevantassel3561
    @dwaynevantassel3561 Před měsícem +22

    It seems not all have forgotten what freedom means. God Bless

    • @tamara_diamonds422
      @tamara_diamonds422 Před měsícem

      Remember. A lot of people based freedom on what it is they learned. For example China. Their citizens are not free. But because that’s how they grew up. Many would like it’s the way of life.

    • @LunaLapin-ho5tk
      @LunaLapin-ho5tk Před měsícem

      @@tamara_diamonds422 The west isn't free either. The US isn't free, we're a banana republic complete with political prisoners and kangaroo courts.

    • @ssuwandi3240
      @ssuwandi3240 Před měsícem

      Exactly. Welcome to Commie currency

    • @LunaLapin-ho5tk
      @LunaLapin-ho5tk Před měsícem

      @@tamara_diamonds422 People are not free in the US any longer so why complain. We gave up our freedom

    • @tamara_diamonds422
      @tamara_diamonds422 Před měsícem

      @@LunaLapin-ho5tk I wasn’t talking about the us. I was talking about China. And only China.

  • @bruceclairelopschutz9938
    @bruceclairelopschutz9938 Před měsícem +12

    Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

    • @favoursmith8501
      @favoursmith8501 Před měsícem

      The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

    • @emmapriscilla6132
      @emmapriscilla6132 Před měsícem

      I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

    • @lucybentzcrystal4440
      @lucybentzcrystal4440 Před měsícem

      I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

    • @emmapriscilla6132
      @emmapriscilla6132 Před měsícem

      I definitely share your sentiment about these firms. Finding financial advisors like Monica Lisa Payne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @lucybentzcrystal4440
      @lucybentzcrystal4440 Před měsícem

      Monica has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

  • @matthachireth4976
    @matthachireth4976 Před měsícem +12

    The dominance and Hegemony of $$, must reduced for the development of Brics nation. Consumption of oil, dramatically changing.

  • @ramonng6381
    @ramonng6381 Před měsícem +74

    Dedollarization is more powerful than military strength. ...bravo, Russia and China ..

  • @greetandries99
    @greetandries99 Před měsícem +9

    Extremely pleased to hear that. Am all the way in even am westerner but sick of US empire terrorism

    • @70Eldo
      @70Eldo Před měsícem

      LOL so whats better ? Bring back the Soviet Union? The CCP are not the good guys..

  • @babarsayeed6742
    @babarsayeed6742 Před měsícem +6

    Excellent step. Dollar must go down to provide relief to poor countries of the world.

  • @HappyPandaBear73
    @HappyPandaBear73 Před měsícem +46

    AWESOME! TEAM DE-DOLLARIZATION & TEAM DUMPING ALL U$A’s TREASURY BONDS ALL THE WAY AND BEYOND FOREVERMORE!👍🙏🙂

    • @timtim2668
      @timtim2668 Před 28 dny

      @@HappyPandaBear73 but I bet your loving those American USA Dollars and I Bet you live here in the Great USA 🇺🇸

    • @timtim2668
      @timtim2668 Před 28 dny +1

      And I bet you love those USA Dollars and all your money is mainly held on USA Dollars. And I even bet you Live here in the Great USA 🇺🇸! Why do u have go through & talk Sh..?

  • @jackchiu7560
    @jackchiu7560 Před měsícem +7

    First, the mBridge project from BRICS experiments with a multiple-central bank digital currency (multi-CBDC) common platform for wholesale cross-border payments and it totally excludes settlements in the U.S. dollars.
    Next came the BRICS Commodities Exchange where BRICS members can trade grains and agricultural produce and food with each other either through the nBridge payments or through the exchanges of products via barter trade.
    Then again, a new BRICS Raw Material Exchange will be set up where essential oils and minerals can be bought and sold within BRICS members without the knowledge of whoever controls the U.S.-led SWIFT transaction system. This will be a big boon to resources-rich countries in Latin America and Africa so all of them can escape the looting from their former colonial masters until this very day.
    As expected, the G7 will forever lose the rights to issue economic policies that only benefit themselves as more and more countries realize they now have the tools to fight back.

    • @bricspratama
      @bricspratama Před měsícem +1

      No more Dollar as US weapon to press all nations, no more arbitrary sanctions to all nations👍....With BRICS+❤all nations are free and independent without fear to trade, financial transaction and investments.... 🤜Goodbye $, the toxic currency💥...its time for De-dollarization to say goodbye to the IMF and WB who blackmail any country with high interest rates on debt loans for the benefit/profit of modern imperialism of western countries

  • @sihaanm
    @sihaanm Před měsícem +9

    BRICS❤❤❤❤🌹✌️✌️✌️✌️👋👋👋👋👋👋👋

  • @mrsenator9106
    @mrsenator9106 Před měsícem +3

    Nothing wrong with using standardized gold-backed currency. Gold is tangible and highly sought after. But it's too early to say that BRICS currency will replace USD as a global reserve currency. The percentage gap is so high. Let's start with ending the petrodollar dominance first.

  • @mrbardel4363
    @mrbardel4363 Před měsícem +7

    De-dollarization starts only after 2020 ...

  • @bohlalemaphosa454
    @bohlalemaphosa454 Před měsícem +2

    The USA dollar hegemony is dying a slow but sure death. Buying oil from Russia using the Rubles & ZAR will inject life in the SA economy. We may qualify for discounted oil purchases like China. In July 2023 they had massive 19% discount from Russia.

  • @sar50anga82
    @sar50anga82 Před měsícem +7

    what happens to trillions of dollar bills horded up in private and govt safes...US Govt has prohibited China from buying up Land Holdings within the US...can other Overseas Enterprises buy up land and property within the US with the Dollars they have ?

    • @andrewcruz-nz1eb
      @andrewcruz-nz1eb Před měsícem +2

      Stopping Chinese companies to buy Agricultural lands in the USA is very short sighted for the American government. If China buys lands , Chinese companies hv to pay real estate n income taxes, invest in infrastructures, hire Americans as employees n export Agricultural products to China, likewise the Chinese cannot bring those land to China. While Buying American treasury bonds the USA treasury hv to pay China interest . 😅😅😅

    • @p3ngi3
      @p3ngi3 Před měsícem

      @@andrewcruz-nz1ebno smart person has invested in bonds in years. It’ll be worthless soon. Toiletpaper will be worth more

  • @JaniferCadungog-cu9nx
    @JaniferCadungog-cu9nx Před měsícem +10

    Nice 💯☺️

  • @redelpe1
    @redelpe1 Před měsícem +7

    This is all Music to my ears. Bye-bye to the dirty Dollar, bye-bye Federal Reserve power , bye-bye Wall Street mismanagement with financial meltdowns and financial crises.

    • @70Eldo
      @70Eldo Před měsícem

      Bye bye to your 401K, IRA and hello to hyper- inflation ! 😃

  • @pravdaseed64
    @pravdaseed64 Před měsícem +2

    MAGNIFICENT
    MERITOCRACY
    Of CHINA 💯%.
    i wish 🧞 i was
    Chinese 💯%.
    💚🐉🇨🇳🐉💚
    💜☸️☯️🕉️💜

  • @rashidbagewadi1006
    @rashidbagewadi1006 Před měsícem +3

    Section's. Section's. Today my foot section's.

  • @davidy3359
    @davidy3359 Před měsícem +1

    Good news

  • @marlotree6909
    @marlotree6909 Před měsícem +1

    Waytogo y'all and SA!!!

  • @hbc511
    @hbc511 Před měsícem +2

    Egypt took a hit before they abandoned the sinking sh ipt

  • @afizi1213
    @afizi1213 Před měsícem +4

    naiceee ,usa is crying in corner

  • @sulongenjop7436
    @sulongenjop7436 Před měsícem

    Paper money look useless. Perhaps a countries with abundant gold will enjoy the economy!

  • @edwardflorence5460
    @edwardflorence5460 Před měsícem

    The problem with BRICS is their currency is worse than the dollar or Euro.

  • @exportintlexp6873
    @exportintlexp6873 Před měsícem

    #TXTM Tribe

  • @davidadkison9098
    @davidadkison9098 Před měsícem +8

    No worries joe will fire up the printing press and fix everything.

    • @evelyndominguez4757
      @evelyndominguez4757 Před měsícem +3

      Sad part is he thinks he can actually do that. Pathetic.

    • @p3ngi3
      @p3ngi3 Před měsícem +4

      That printing press has not stopped since 2008. No getting out of the debt. It will be impossible to repay the debt. Thank your local politicians

    • @bricspratama
      @bricspratama Před měsícem +1

      No more Dollar as US weapon to press all nations, no more arbitrary sanctions to all nations👍....With BRICS+❤all nations are free and independent without fear to trade, financial transaction and investments.... 🤜Goodbye $, the toxic currency💥...its time to say goodbye to the IMF and WB who blackmail any country with high interest rates on debt loans for the benefit/profit of modern imperialism of western countries

    • @davidadkison9098
      @davidadkison9098 Před měsícem +3

      @@evelyndominguez4757 yes sad our politicians.

    • @davidadkison9098
      @davidadkison9098 Před měsícem +2

      @@p3ngi3 yes let gen z pay it back I want freebies.

  • @boydchilala
    @boydchilala Před měsícem +1

    This imperialist slave apartheid currency has brought more harm than good time to leave it

  • @mhmarikar
    @mhmarikar Před měsícem

    👍👍👍

  • @chaoskid1211
    @chaoskid1211 Před měsícem

    Good. And stay out

  • @Zindo.Majesty.HisMajesty
    @Zindo.Majesty.HisMajesty Před měsícem

    I don’t feel it but hey, hate away

    • @anthonyagbojo1408
      @anthonyagbojo1408 Před měsícem

      @@Zindo.Majesty.HisMajesty it is not about hate. It is about freedom and independence. This is especially imperative as the US abused and weaponizing the fact that the dollar was a reserve currency imposing sanctions Willy nilly, cutting off access to SWIFT, exporting inflation and seizing dollar assets of countries it does not like.

  • @zoo-xibbitjayne2081
    @zoo-xibbitjayne2081 Před měsícem +4

    Digital is dangerous.

    • @wulfychen3058
      @wulfychen3058 Před měsícem +1

      At least it can't act as weapon like USD did to most developing countries.

    • @zoo-xibbitjayne2081
      @zoo-xibbitjayne2081 Před měsícem

      ​@@wulfychen3058Yes, I'm in agreement there I just have a concern about hacking and embezzlement. Here in the USA they'll very soon be able to delete anyone from all public records and divest them of any ownership too. Now they're talking about an "open season" on those already made homeless by greed and ignorance.

  • @HayatiTezman-iw5kw
    @HayatiTezman-iw5kw Před měsícem

    Geber Dollar!

  • @imperialknight45
    @imperialknight45 Před měsícem

    Hmm I know about it since 2010 that dollar will lose it's value long before brics well paper belongs to them. Real currency is gold silver and copper not crypto paper and etc

  • @Sepia36912
    @Sepia36912 Před měsícem

    😮

  • @abdulaibari9099
    @abdulaibari9099 Před měsícem

    Internationallize the bricss currency our only brief that is worse than break promises.

  • @hilwaamanamankiyar-pp5bf
    @hilwaamanamankiyar-pp5bf Před měsícem

    BEA

  • @Xyz23454
    @Xyz23454 Před měsícem

    Who is taking up the US treasuries that China and others are off loading ???

  • @quikslvr01
    @quikslvr01 Před měsícem

    China is the richest country in BRICS and they just made 40 banks disappear and jianxi in the brink of collapse. Go ahead and trade Yuan as an anchor of currency 😂

  • @tonyfong2330
    @tonyfong2330 Před měsícem

    ❤️❤️❤️👏👏👏👍👍👍

  • @hankmiller990
    @hankmiller990 Před měsícem +2

    XRP will replace the dollar as World Reserve Currency.

    • @ReginaldBurns-ox6nm
      @ReginaldBurns-ox6nm Před měsícem

      You Think With The Cross Border
      I does have it 👀

    • @p3ngi3
      @p3ngi3 Před měsícem +4

      That’s what you think. All you that invested in XRP got suckered. Brics will be the new currency. No other country will accept the US dollar soon.

    • @bricspratama
      @bricspratama Před měsícem +1

      No more Dollar as US weapon to press all nations, no more arbitrary sanctions to all nations👍....With BRICS+❤all nations are free and independent without fear to trade, financial transaction and investments.... 🤜Goodbye $, the toxic currency💥...its time for De-dollarization to say goodbye to the IMF and WB who blackmail any country with high interest rates on debt loans for the benefit/profit of modern imperialism of western countries

    • @70Eldo
      @70Eldo Před měsícem

      @@p3ngi3 Q: .BRICS will USE new currency- but using what form of currency? How will it be converted from each participating country to a common form? A: XRP- (you're welcome.) 😁

    • @p3ngi3
      @p3ngi3 Před měsícem

      @@70Eldo dream away buddy. Those countries don’t want any American influence.

  • @simonlo9956
    @simonlo9956 Před měsícem

    What is it? Like 4 years since I started noticing these “de-dollarization” propaganda videos on CZcams. Yet, 4 years later the dollar remains the dominant currency in the world. Yawn.

  • @USViper
    @USViper Před měsícem +1

    Look at all the U.S. haters on here using a U.S. media platform called CZcams. Hypocrites 😂

  • @mutantryeff
    @mutantryeff Před měsícem +4

    ~65 countries peg their currency to the US dollar. Until those countries swap to a peg of gold or something else, nothing much to see here.

    • @alrent2992
      @alrent2992 Před měsícem +19

      If that's the case. Why is the u.s. complaining? And crying 😢?.

    • @colleenpritchett6914
      @colleenpritchett6914 Před měsícem

      When the dollar falls like to the ground you will be able to wallpaper your walls with hundreds . The economy will spiral into a complete depression worse than the 40’s. And it’s on the way.

    • @zeissiez
      @zeissiez Před měsícem +6

      It’s not a measure to make the dollar obsolete. It’s a measure to avoid sanctions and asset confiscation by the dollar scheme.

    • @colleenpritchett6914
      @colleenpritchett6914 Před měsícem

      @@zeissiez it is a measure to bankrupt all economies to they can be absorbed by the WEF. Wake the hell up

    • @bricspratama
      @bricspratama Před měsícem +2

      No more Dollar as US weapon to press all nations, no more arbitrary sanctions to all nations👍....With BRICS+❤all nations are free and independent without fear to trade, financial transaction and investments.... 🤜Goodbye $, the toxic currency💥...its time for De-dollarization to say goodbye to the IMF and WB who blackmail any country with high interest rates on debt loans for the benefit/profit of modern imperialism of western countries

  • @charlesbusch8739
    @charlesbusch8739 Před měsícem +4

    Brics reject dollar, then dollar should reject brics? Pick your choice and back it?

    • @ronaldphoong
      @ronaldphoong Před měsícem +1

      Thinking that one can isolate another, also means that those in isolation can work together on trade and that's what is seen with BRICS +. In reality, sanctions basically created the coalition of sanctioned countries to trade with each other using the barter trade approach. This is nothing new and I saw that done 6 decades ago. Well, you figure out the impact it has on the USD. Misinformation is viral by the US government with 400 million annually. As an investor on AI technology, my thoughts are it's a waste when countries use it on destruction rather than feeding growth on food security, health, environment, etc

    • @p3ngi3
      @p3ngi3 Před měsícem

      You guys just don’t get it. When the US dollar falls it will be worth absolutely nothing. No country will accept dollars. Not even for trade. US will be come a third world country and have to industrialize.

    • @afrozuz
      @afrozuz Před měsícem

      They don't need US anyway, that's a point of Brics- to give right to others

    • @greetandries99
      @greetandries99 Před měsícem

      Don’t give a damn about US $. Evil dictatorship.

  • @USViper
    @USViper Před měsícem +1

    Saudi Arabia just started issuing U.S. Dollar Bonds... 😂
    brics is a joke

  • @mutantryeff
    @mutantryeff Před měsícem +1

    This is like: I used to like using my Visa card, but now I'll use my MasterCard.

    • @p3ngi3
      @p3ngi3 Před měsícem +2

      Not how it works at all.

    • @LunaLapin-ho5tk
      @LunaLapin-ho5tk Před měsícem +1

      No, you might want to take a few economics courses.

  • @WarrenJackson-ki7pn
    @WarrenJackson-ki7pn Před měsícem +5

    Well all that hatred and all the blood shed in my life time

  • @jardaadamek1039
    @jardaadamek1039 Před měsícem

    Good morning, hahaha, Dollar is historic and now bigger economic winner!!! That is all!! Bay from Europe 🇺🇸💪💪👍🍀💪🇺🇸🇺🇸

    • @mi_rai
      @mi_rai Před měsícem

      If muammar gaddafi and saddam still alive they can trade oil in euro they should obey US a bit longer to stay alive

  • @nawazsharif1087
    @nawazsharif1087 Před měsícem

    What about me I am stolen billions of dollars from my country pakistan and move into US yes I am imran khan now I am bagger