I do believe Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash.
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
You are right! I’ve diversified my portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
Its just inevitable that there's going to be peaks and troughs in the graph of economic growth or prosperity, there's never going to be one underlying cause that connects them all, embrace the opportunity, make interest, cashing up on dips.
Those calling stocks momentum a flunk aren't considering the long run. The companies themselves have not changed, it's the market that changed. Steady as it goes, and it'll regroup in weeks.
If you are not too savvy with the market, it’s the best time! just buy and hold on strong companies or best you seek out areas within sectors that can help you sustain a balance in both growth and value overtime. In certain cases, it's even wiser to speak with a smartvestor to determine options best meant for you, I personally did this, and it works pretty well..
right now I’m being counsel on renewable energy, semiconductors, Ai chips which will be hugely integral on every sectors in the coming years. an absolute power move right now.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
Yes, Angela Rodriguez Elias she is a great woman of God who has the great insight on QFS, NESARA, XRPL and the Humanitarian Project. She will guide you on how to switch to the qfs banking before the global currency reset takes place. Don't be a victim of that great reset. Get ready for Gesara Nesara, switch into the QFS for your own safety.
I tried to understand life in the west from a capitalistic viewpoint. Unfortunately, without history, most major corporations can’t be explained from a “produce profit, re-invest” viewpoint. You need slave labor and environmental destruction to create a system where some people fly around on private jets to their many homes around the world, while others drink muddy water outside their hut. We don’t need “society”, we need the planet and human cooperation. It’s obvious politics aren’t designed to enriches the people or bring them together but maintain old hegemony gained through enslavement and violence
they don't care about us, who would care if they were born in the rich 0.1% family, heck you would see millions of people starving and you would think "i can buy their whole country, i'm a god"
The US is starting to adopt a mindset that other countries must step back for the US to succeed. The US wants to seal itself off from the global economy and produce everything within its borders. That is fine but the prices Americans will pay are less selection of goods at higher costs. Living outside the US for years gives Americans a broader view of the World. If the US continues to insist on trade agreements that only benefit the US, other countries will slowly isolate the US and develop trade agreements without the US.
The real problem is that the rules based world order cared neither for rules or for order and hardly any of them were held accountable for their actions.
For the US, Europe, Japan and a few countries with a similar political and economic system the international trade system has been pretty much rules based and ordered. More than we've ever known. For countries with a different political system participation always brought chances and risks because of certain ideas of people's sovereignty and "private" property baked into the very system of international relations created by "the West". If the countries who feel disadvantaged in the current world order are able to create a system of international relations based completely on national sovereignty that will be more equal, more ordered and more rules based, why not trying? But that's not what I see. I do see blunt national interest, complete disinterest in creating a binding legal framework and lots of arbitrary decisions, while there is no sign that any of these champions of multipolarity does respect national sovereignty more than the US if push comes to shove.
Betrayal by Xhina is betrayal. Don't sugarcoat it bedides you sent all he jobless strong men into Europe..why now you had to blast the rule of law when you also participated in instigating the chaos and manic mobility of illegals
@@ssuwandi3240 "stay put in your country....", says the American after orchestrating coups in South and Central Americas, the Middle East, Southeast Asia and Africa.
The gentleman from Singapore has very insightful understanding of the issue between the west and China. It is not ideology that the West used to convince people why they are hostile to China, simply the West do not want their superiority to be shared out with other country with improvements catching up them. In other words, all about narrow minded and self interest.
It is apparently truth. You see in this world only US and its so called allies are benefiting all the time. Others are becoming poor and poor. This is we have to change.
Don’t comment if you don’t know what you’re talking about. It is ideology their Communist. The complete opposite of here. They even have a social credit score on top of online currency.
When I look through most of the western media, I get assurances that the world is a long way from “de-dollarization”, but a line keeps coming back to me from an American novel in which the character is asked about how his bankruptcy happened and he answers “Slowly, then all of at once.” The US national debt stands at over $34 Trillion, it continues to increase its debt, and interest rates on its are rising.
Here's the question that matters most: What is going to replace it? And please don't say the Yuan. That game is clearly over and besides, they print at more than 5x the rate of the fed.
@@careyfreeman5056 Yuan will not replace dollar, especially not in the next 10-20 years. China themselves doesn't want to make their currency fully convertible anyway because it will only harm their economy more than it helps as the biggest exporting country in the world. But one thing for sure will happen and is happening quietly right now is - that many countries are very slowly moving away from dollar by making bilateral arrangement with their respective currencies for trade. This might be a very small % right now but it will only grow bigger as the years passed by and if US continues to weaponizing the dollars against other countries that they have problems with (Whether friends or enemies - no one wants their money confiscate by US at will). Also, Gold will likely to return back as another world reserve alternatives. 'BRICS Currency' might just be a wild proposal right now but could become a thing in the future if the west keep pushing the global south to the hard corner. So in short, Dollar will not disappeared overnight, but its dominance will certainly erode over the years from now 60% to less than 20% in the long run.
@careyfreeman5056 , Russia has promised a new BRICS currency at the meeting to be held later this year. They previously also mentioned any new currency will be backed by commodities. At the end of WWII, Keynes similarly advocated a new world currency. But the US at that time insisted it must be the USD. Keynes said at that time that it would only work if the US kept its finances in good order.
@@waichui2988 everyone I know are living the good life , the one's who are struggling a bit, thank there god that that haven't got a Despotic regime like China and nth Korea !!
Economic Revolution ! Hefty tax rates for the poorer countries whereas their natural resources, the uranium, coal, gold, iron ore, tin, phosphates, petroleum, molybdenum, salt, and gypsum, diamonds are on daylight siphoned by the west, leaving nothing for the natives if any the old folks on power enjoys the little price ! I welcome the BRICKS to counter the old global economic market systems ❤
Wars and Massacre of million of women children to save Dollar was worse than weaponisation of dollar. Libiya iraq Syria all were frlousishing society with their own internal conflicts(created by brits pre WW2) but mstly they were stable but they r Destroyed now
As a child, I thought I would never witness the fall of Western dominance over the rest of the world. Fortunately, it's happening much faster than I expected. A multipolar world order offers more possibilities for developing countries and forgotten nations than a world in which one superpower prevails over the rest.
The trilateral commission is collapsing and yes, it’s going to be ugly, but we will come out shining bright and I don’t mean the Corp that operates the states which you’re not united at all North should they be!
Good luck funding a navy to protect all ocean shipping lanes. When the US pulls their navy back along with overseas military bases, hope you can afford all the piracy and wars that will come.
Really?? The Singaporean uncle Sam confused me a lot 🤣🤣. 16:26 "I suspect there are many who are not averse to the current world order but there are many who wants to pull away from it" 😵💫😵💫😵💫
U.S make law but don't abide by the laws she makes, then force everyone to follow those laws.... U.S and Europe problem is world problem, but Africa problem is Africans problem
China was on the right track when they said TWO (or maybe THREE kids) is ENOUGH! The world's facing economic crises mainly because of those gvernments which try to invade the Dr's Office and "practive medicine without license"-- they wou;d deny an American woman her own right on "healthcare & sensible family planning--- yet the G.O.P. canditdate BRAGS about poacking SCOTUS and having ROE V. WADE REPEALED as a woman's basic right! (I say, lets pfollow the CREED promised by our founding fathers--- the BIBLE tells me so (JER.31:33* + EZEK.34:17-20).
The most important issue is not addressed in this material - in the last 10 years the printing of USD has been so great - that it has less and less value. Similarly, American bonds are also losing value - so confidence in USD is decreasing. USD is also used as a weapon, and the IMF depends mainly on the USA and Europe - so the BRICS countries cannot count on fair and equitable treatment. PS. USD, like other currencies, dominates the world for about 100 years, and then it loses value - and new currencies emerge. This was the case with the Dutch guilder, and it will also be the same in USD.
@@eltongoaustriaco8268 you see many still dont understand why there in an order in the beginning. The problem is not with US and the west, it is their own country monetary issue that is the problem. When trustworthy is not there how can one trade with their own currency? Just a simple question to those who argue. Will one non Russian or non China chinese put his saving into Russian ruble or China yuan?
A few things need to be clarified. The global economic system put in place after WWII only lasted until the 70s, it was replaced by Nixon when China deepened relations with the US and the implementation of the petrodollar. Now, if Saudi Arabia decides to start using the Yuan as a reserve currency, that'll be a game-changer. But for that to happen the banking industry has to go through a series of reforms and create institutions conductive to this end. I don't see this happening in the near future.
This is very true in the 70s, two things resulted in the US getting a rebooted system which was the Saudis /petrodollar and also China aligning itself economically with the West under the US led capitalist system which provided decades of cheap high quality labor for the West... The soviet union could not beat this...
Phipplie makes a broad and misleading statement that the US and China are dismissing the WTO. Since going the WTO, China has followed its rules and abided by its rulings, and is still actively involved. The US clearly has abandoned the WTO to the point of blatantly violating its rules and ignoring its rulings. Perhaps he should check some facts.
Eurocentric worldview has caused a lot of damage. Poor countries being frustrated with the current economic order is completely understandable by anyone not biased.
The average person in Western countries hasn't benefited much from the current economic order in decades. This is the biggest reason why it's collapsing - political instability in the West. The critical voice not being represented here is a dissenting voice from a Western country. Which is curious, because it looks like they're driving history, at this point!
What blinds us, or makes historical progress very difficult, is our lack of awareness that our beliefs have grown obsolete and should be put aside.... This is I think much of the problem of the modern dilemma: Direct experience has been discounted, and in its place all kinds of belief systems have been erected.... If you believe something, you are automatically precluded from believing its opposite; which means that a degree of your human freedom has been forfeited in the act of committing yourself to this belief
@@user-ur7kz8eo9f so sad. Iran speak their own language it up to you to understand it, China, Russia, Brazil)even tho it Portuguese) , India but South Africa choose to speak English and they have Zulu language wtf
The developing world is where the action is now. These countries possess the resources and materials necessary to generate wealth. In contrast, the West has reached its zenith, and going forward, only the ultra-wealthy in the West will continue to amass wealth, while the rest of the population faces increasing poverty.
You're right. Africa is the future. The only part of the world where the population will continue to grow is Africa. Both India and China will have their population decrease gradually in the future
The male guest said that both the US and China ignore WTO, which is not a fact. China has been attacked by the United States with the trade war, which is illegal ruled by WTO. China has every right to sanction back according to the WTO rules.
Maybe the US is successful for many good reasons, which also is beneficial for most countries which seek reasonable geo- political systems & functionality in place, for better security, facilitated prosperity, and encouragement of more democracy & human rights…
@@LancesArmorStriking when the US invades Canada because ‘they are and always have been a part of the USA; they don’t even have a culture’ then you comment would make sense 👍
Every country should be allowed to play in the sandbox. The prosperity of all strengthens the individual. There are enough resources for everyone contrary to what is being told. Working together in love and trust can solve all our challenges . Happy people who have enough to feed cloth and shelter their children are peaceful people.
For whatever reason the western system seems to generate considerably more innovation and global reach change than any other so far. China and India aren't remotely close. If we shift to a more cold war knowledge/technology based mode the west will accelerate away again. The global community would be wise to think of this. Its obvious the wests middle classes are starting to mobilize, this is the most dangerous group in the history of the world. If they keep pulling from them for the welfare of the working class and immigrant populations and decreased top rate tax for the 1% they'll start decoupling from the lower groups like the 1% did from them. Good luck finding any simblance of stability if they do this.
YES.... as the US and West are definitely declining, China and the BRICS+ are on the rise! About 30 countries now in BRICS+ already plus anotehr 98 countries interesting in joining. For a potential total of 128 countries comprising 90% of the world's population!
@@eltongoaustriaco8268 It was only expanded one year ago. Already the world's largest trade block agreement has been ratified by two dozen countries in it . Hold my coffee, as there's MUCH more to come.
I think most people just want the US and its allies not to be too strong, they also don't want Russia and China to be too strong, many countries just want 2 equivalent superpower options, if 1 side bullies, another side has the power to punish and remind the consequences of law, you see nowadays evil is rampant and no one dares to stop it
One brics country, Russia, has been receiving a lot of the currency of another brics country, India, lately for petrol exports. They specifically agreed to be paid in rupiahs and not dollars. Now Russia doesn't know what to do with all the rupiahs. So much for the dollar being replaced right away. It will probably take time and there will be a tipping point.
Well it will stabilise with time. Right now is Era of transition . Does Russia has any other Option?? NO. its better that it supports Rise of india to Make the BRICS stronger.
India and Russia agreed to increase bilateral trade to $100 billion dollars by 2030, including the use of national currencies to circumvent Western sanctions, as Prime Minister Narendra Modi and Russian President Vladimir Putin sat down for the 22nd Annual Summit here on Tuesday.
The old world order and its vision of globalization might be dying but the new one will be stronger as it will hinge less on the actions of a handful of wealthy countries that only represent, at best, 20~25% of the global population. These changes will take globalization to a new level with better trade and better international representation where more nations and their nations will have a say in global politics. Even though as an European these changes will greatly affect my countries economy negatively. Especially if our "leaders" continue to undying loyalty to the US. Luckily we see more and more action from citizens that are unhappy with the status quo that continues to ravage their economy, stability and the safety of our homes and lives. Hopefully we can wrangle away controle from the warmongers in our governments before WW3 further escalates. Better laws for journalism would be a huge step in accomplishing this. Journalism is dead in the west, it is now either outright owned by the ultra wealthy or relies mostly in Google, Amazon, Facebook and other advertisement companies that can conveniently point at their "black box" algorithm whenever you question them why a well researched article that is critical about the western elites gets no traction and no ads. Do it too often and you will simply not have the income to keep your business running. It's honestly a genius way to bypass any existing laws protecting journalism.
I'm glad there's alternatives than only "the West" (I don't like the term because then we Europeans get clumped together with the US), not because I agree with the politics of China or Russia. I think it's a good thing, so that non-aligned nations have the opportunity to benefit from both Blocs, instead of having to defend itself against the incroachment of either the Chinese or American Bloc. Many of these non-aligned nations deserve the economic expansion that this could bring and bring prosperity to the broader Global South.
But the problem is that you have always been benefiting from the West's huge lucrative market, and now that they are exposed, you want to jump ship. Classic
Or not. Better hope your fantasy comes true, because we (USA) aren't coming back. We're going to take care of ourselves and our allies/friends. Everyone else can rot on the vine as far as we're concerned.
@@careyfreeman5056 You say 'we' but America isn't really breaking up with anyone. You're just trying to be stupidly proud but America's long-term policy has never been to back away from Europe or Asia. Under Trump you threw some tantrums but always turn around again, because even though America doesn't want to admit this, they are as dependent on their allies as their allies on them. And considering your $34 trillion debt, I don't think the US will be the power it once was.
Replacing northern greed with southern greed is not an advance for humanity. Instead of being jealous of the rich, and trying to outdo them, we need to embrace a more simple way of living that is more sustainable for everyone. Greed is not good for humanity and THAT is the issue that needs to be addressed.
BRIC is funny all these meetings during the years and nothing came out of it. You can question the “rules” or order all you want, all I can see bunch of bla bla bla coming from it. These countries don’t trust their own government and their own laws let alone each other. Give me a break
Sorry folks… each individual person world wide votes by deciding what currency they TRUST most to hold its value. They choose the dollar. They see it as the most valuable currency in order to reduce their risk. So anyone can choose the Yuan… but they don’t. You need to convince your citizens that your currency is safer…. Good luck!
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but it’s hard to bite the bullet and do it.
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.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
2022👀 You are misinformed, the NWO has been at play since the early 1900's. Or maybe I should say 1913 when the US FED was founded🤷🏾♂️ Just wait and see what's going to happen in 2030🤐
Is always good to have an alternative.....Old and New Global economic order can exist together and even be synergistic....We must not have a zero sum game mental....
Iran fueled chinese industrial growth by supplying cheap fuel . China is indebted to Iran. China thereby recognizes the role of Iran in their economic success. They are best friends.
Not just the fuel... hardworking Iranian and Chines people made a big effort for developement that is making the difference, seting an example for our developing countries.
Not cheap. Why don't you think China is helping Iran as they cannot sell oil to anyone and couldn't fight USA. Is your comment productive and constructive? Sometimes it is better not to say anything if nothing really good to say
@@sandponics You're wrong, most people don't speak English and Leiden University Center changed the ranking of the world's universities for the simple fact that the majority of research published by Chinese universities in scientific journals is in Chinese
Chinese sounds like the more important language. China is the industrial powerhouse and also has research and development, plus a much larger population.
The USA had secured, that the resouŕce countries sell on the "free markets". The costs were compensated by the dollar. Now the resources are deteriorating. The buyer's markets turn into seller's markets. The USA cannot pay the huge military costs anymore. The resource countries try to maximise their profits. The danger is the financial system in dollar. All is NOT an ideologic or moral topic.
IMF’s basket of usable reserve currencies, ''the yuan’s share was just *2.3%* at the end of last year, according to the latest IMF data, down from a peak of *2.8%* in the first quarter of 2022." The yuan may one day live up to the global role once envisaged for it. _It may one day even rival the _*_American dollar._*_ But first it must eclipse the _*_Canadian one._* The Economist Jun 13th 2024
Understanding what the panel of experts mean exactly requires a background in economics and being involved in global economic growth at some level. Having a large vocabulary understanding helps for gleaning meaning yet what is required is much speculation based on rantional linguistic deduction. Nonetheless, a discussion well worth both the time and mental effort.
This world should have rainbow in therms of everything. Any of system is ok if the people lives better. That is why US does not like and made rules for only its country and maybe few rish allies. Now others will rise.
Since WW2 the world population has gone from 2.5 billion to 9 billion. A big part of this is the Pax Americana that, through American control of the seas allowed the transfer of fertilizers to feed more people, medicine to allow people to live longer, and trade to pay for it all.😊
Imagine how much interest they gained during that 5 to 7 year period. Where they aren’t taking payment. There’s always penalties for holding back till the end of your loan. It’s just another way to get them deeper in the hole.
I do believe Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash.
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
Her name is. 'Sharon Marissa Wolfe” Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
You are right! I’ve diversified my portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
Do you mind sharing info on the adviser who assisted you?
Sharon Marissa Wolfe is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.
Its just inevitable that there's going to be peaks and troughs in the graph of economic growth or prosperity, there's never going to be one underlying cause that connects them all, embrace the opportunity, make interest, cashing up on dips.
Those calling stocks momentum a flunk aren't considering the long run. The companies themselves have not changed, it's the market that changed. Steady as it goes, and it'll regroup in weeks.
If you are not too savvy with the market, it’s the best time! just buy and hold on strong companies or best you seek out areas within sectors that can help you sustain a balance in both growth and value overtime. In certain cases, it's even wiser to speak with a smartvestor to determine options best meant for you, I personally did this, and it works pretty well..
Well put andy, my question is which stocks sectors should I consider adding to my individual fidelity, I intend to hold on for a decade or more.
right now I’m being counsel on renewable energy, semiconductors, Ai chips which will be hugely integral on every sectors in the coming years. an absolute power move right now.
I genuinely think we are going all chips soon, seems like a lot of your interest is riding on this, I could really use your viewpoint.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
I think QFS, XRPL and the Humanitarian Project are the solution for this.
Do you know how I can switch to QFS banking?
Yes, Angela Rodriguez Elias she is a great woman of God who has the great insight on QFS, NESARA, XRPL and the Humanitarian Project. She will guide you on how to switch to the qfs banking before the global currency reset takes place. Don't be a victim of that great reset. Get ready for Gesara Nesara, switch into the QFS for your own safety.
How do I contact her?
I tried to understand life in the west from a capitalistic viewpoint. Unfortunately, without history, most major corporations can’t be explained from a “produce profit, re-invest” viewpoint. You need slave labor and environmental destruction to create a system where some people fly around on private jets to their many homes around the world, while others drink muddy water outside their hut.
We don’t need “society”, we need the planet and human cooperation. It’s obvious politics aren’t designed to enriches the people or bring them together but maintain old hegemony gained through enslavement and violence
Absolutely
Bravo.
Well said.
Whoever you are , you're awesome . People need Leaders like you around globe 🔥🔥
they don't care about us, who would care if they were born in the rich 0.1% family, heck you would see millions of people starving and you would think "i can buy their whole country, i'm a god"
The US is starting to adopt a mindset that other countries must step back for the US to succeed. The US wants to seal itself off from the global economy and produce everything within its borders. That is fine but the prices Americans will pay are less selection of goods at higher costs. Living outside the US for years gives Americans a broader view of the World. If the US continues to insist on trade agreements that only benefit the US, other countries will slowly isolate the US and develop trade agreements without the US.
Weird only china can do that?
Usa doesn't even have to import energy or food....
Kinda a biased sloppy analysis…
@@boxcutter0 explain
Kinda unnecessary reply@@boxcutter0
Found the China bot 😂😂
"rules-based old world order"
This is really funny. 😅
Rules that benefit themselves more than others
Means Only works for its country and so called allied. And very hegemony to other new rising countries. It should be equal all countries be developed.
Good old political satire.
You will not treat this as a "funny", when you will face with the world order based on autocratic regimes' wishlists.
@@andrewroboI'm sure all the people who died as "collateral damage" in American wars find you funny.
The real problem is that the rules based world order cared neither for rules or for order and hardly any of them were held accountable for their actions.
This^
For the US, Europe, Japan and a few countries with a similar political and economic system the international trade system has been pretty much rules based and ordered. More than we've ever known. For countries with a different political system participation always brought chances and risks because of certain ideas of people's sovereignty and "private" property baked into the very system of international relations created by "the West". If the countries who feel disadvantaged in the current world order are able to create a system of international relations based completely on national sovereignty that will be more equal, more ordered and more rules based, why not trying? But that's not what I see. I do see blunt national interest, complete disinterest in creating a binding legal framework and lots of arbitrary decisions, while there is no sign that any of these champions of multipolarity does respect national sovereignty more than the US if push comes to shove.
Betrayal by Xhina is betrayal. Don't sugarcoat it bedides you sent all he jobless strong men into Europe..why now you had to blast the rule of law when you also participated in instigating the chaos and manic mobility of illegals
Stay put in your beloved countries and strive for your community first before finger pointing..
@@ssuwandi3240 "stay put in your country....", says the American after orchestrating coups in South and Central Americas, the Middle East, Southeast Asia and Africa.
Double standards and hypocrisy
Yes China needs to.wake up To themselves !!
Yes western hypocrisy destroyed west.
@@cowubl west is doing fine , we have freedom 🎉
@@Wayne-tb8tkand woke culture!!! Where male, female, black, white, good and bad do not exist
@@Wayne-tb8tk Nonsense
The gentleman from Singapore has very insightful understanding of the issue between the west and China. It is not ideology that the West used to convince people why they are hostile to China, simply the West do not want their superiority to be shared out with other country with improvements catching up them. In other words, all about narrow minded and self interest.
It is apparently truth. You see in this world only US and its so called allies are benefiting all the time. Others are becoming poor and poor. This is we have to change.
China's "superiority" hilarious have you ever been to a country and tried to share a line with Chinese tourists they are monsters
It's a country that forcefully welded their people's doors shut during the pandemic, for one small example. It has a whole lot to do with ideologies.
Its the Authoritarianism that the west doesnt like.
Don’t comment if you don’t know what you’re talking about. It is ideology their Communist. The complete opposite of here. They even have a social credit score on top of online currency.
When I look through most of the western media, I get assurances that the world is a long way from “de-dollarization”, but a line keeps coming back to me from an American novel in which the character is asked about how his bankruptcy happened and he answers “Slowly, then all of at once.”
The US national debt stands at over $34 Trillion, it continues to increase its debt, and interest rates on its are rising.
Here's the question that matters most: What is going to replace it? And please don't say the Yuan. That game is clearly over and besides, they print at more than 5x the rate of the fed.
“Slowly, then all of at once.” this is so true, not just in economics but many things in life in general
@@careyfreeman5056 Yuan will not replace dollar, especially not in the next 10-20 years. China themselves doesn't want to make their currency fully convertible anyway because it will only harm their economy more than it helps as the biggest exporting country in the world. But one thing for sure will happen and is happening quietly right now is - that many countries are very slowly moving away from dollar by making bilateral arrangement with their respective currencies for trade. This might be a very small % right now but it will only grow bigger as the years passed by and if US continues to weaponizing the dollars against other countries that they have problems with (Whether friends or enemies - no one wants their money confiscate by US at will). Also, Gold will likely to return back as another world reserve alternatives. 'BRICS Currency' might just be a wild proposal right now but could become a thing in the future if the west keep pushing the global south to the hard corner. So in short, Dollar will not disappeared overnight, but its dominance will certainly erode over the years from now 60% to less than 20% in the long run.
Ernest Hemingway
@careyfreeman5056 , Russia has promised a new BRICS currency at the meeting to be held later this year. They previously also mentioned any new currency will be backed by commodities. At the end of WWII, Keynes similarly advocated a new world currency. But the US at that time insisted it must be the USD. Keynes said at that time that it would only work if the US kept its finances in good order.
There is no rules based international order at all. Whoever says this is basically saying 'US-based'. Stop all the lies
@@cityofgardenerssg318 better US based than based by a Despotic regime that is only interested y control and suppression of there people !!!
Rules based order = What ever US wants
Bitcoin is the only shared rules based economic system that doesn’t require trust in one single country
@@cityofgardenerssg318 better than a rules based order run by despots ;;
The rule base Order is really….. Ie America can d whatever it wants and everyone else should follow.
The old economic order HAD already collapsed. What you see today is the transition to a new order.
@@waichui2988 everyone I know are living the good life , the one's who are struggling a bit, thank there god that that haven't got a Despotic regime like China and nth Korea !!
The new order will be so much worse.
@@MrBoysOGNot what the global majority says 😂
@@accountantthe3394 Most of them don't know what they're talking about.
Good luck on your so called "New". 😂
Economic Revolution ! Hefty tax rates for the poorer countries whereas their natural resources, the uranium, coal, gold, iron ore, tin, phosphates, petroleum, molybdenum, salt, and gypsum, diamonds are on daylight siphoned by the west, leaving nothing for the natives if any the old folks on power enjoys the little price ! I welcome the BRICKS to counter the old global economic market systems ❤
No discussion on weaponisation of dollar by US, increasing the urgency for an alternative system.
Only the wealthy benefitted from it.
Wars and Massacre of million of women children to save Dollar was worse than weaponisation of dollar. Libiya iraq Syria all were frlousishing society with their own internal conflicts(created by brits pre WW2) but mstly they were stable but they r Destroyed now
As a child, I thought I would never witness the fall of Western dominance over the rest of the world. Fortunately, it's happening much faster than I expected.
A multipolar world order offers more possibilities for developing countries and forgotten nations than a world in which one superpower prevails over the rest.
The trilateral commission is collapsing and yes, it’s going to be ugly, but we will come out shining bright and I don’t mean the Corp that operates the states which you’re not united at all North should they be!
Good luck funding a navy to protect all ocean shipping lanes. When the US pulls their navy back along with overseas military bases, hope you can afford all the piracy and wars that will come.
This is all good. Myths are shuttered, rose glasses removed. Everyone sees reality a lot better.
Really?? The Singaporean uncle Sam confused me a lot 🤣🤣. 16:26 "I suspect there are many who are not averse to the current world order but there are many who wants to pull away from it" 😵💫😵💫😵💫
U.S make law but don't abide by the laws she makes, then force everyone to follow those laws.... U.S and Europe problem is world problem, but Africa problem is Africans problem
Remind me the last time African countries built schools, water and infrastructure in Europe and America you clown
Africa problem is African themselves don’t blame others for your corrupt police and politicians
@@user-gz4ls9tk5nThen why are US troops crawling all over Africa like a parasite this moment?
That is true. They bullied Japan when Japan was rising and Us contained Japan.
China was on the right track when they said TWO (or maybe THREE kids) is ENOUGH! The world's facing economic crises mainly because of those gvernments which try to invade the Dr's Office and "practive medicine without license"-- they wou;d deny an American woman her own right on "healthcare & sensible family planning--- yet the G.O.P. canditdate BRAGS about poacking SCOTUS and having ROE V. WADE REPEALED as a woman's basic right! (I say, lets pfollow the CREED promised by our founding fathers--- the BIBLE tells me so (JER.31:33* + EZEK.34:17-20).
I agree with the gentleman from Singapore 100%. His views were so well articulated.
Same.
True.
he sounds very USA supporter and diplomatic LOL
He sounds like uncle Sam. 🤣🤣
@@sajidurrahman7903 he is like many Asian politicians on Uncle Sam’s payroll!! LOL
The most important issue is not addressed in this material - in the last 10 years the printing of USD has been so great - that it has less and less value. Similarly, American bonds are also losing value - so confidence in USD is decreasing.
USD is also used as a weapon, and the IMF depends mainly on the USA and Europe - so the BRICS countries cannot count on fair and equitable treatment.
PS. USD, like other currencies, dominates the world for about 100 years, and then it loses value - and new currencies emerge. This was the case with the Dutch guilder, and it will also be the same in USD.
Compared to which currencies is it losing value?
@@eltongoaustriaco8268 to itself
Compared to other currencies the US is gaining value. The US actually wants to devalue their currency to re-invigorate their manufacturing industry
mahatir was so ahead of his time
These kinds of thorough evaluations are why I subscribe to Al Jazeera. Thanks!
Exactly
May Peace and LOVE be Upon ONE and ALL
Protectionism
If something I must agree on. I would agree on trading with our own currency, rather than the US currency
You will sell your produced goods for some currency with 70% loss of value per year? Will Chinese workers accept Venezuelan Bolivares for their work?
@@eltongoaustriaco8268 you see many still dont understand why there in an order in the beginning. The problem is not with US and the west, it is their own country monetary issue that is the problem. When trustworthy is not there how can one trade with their own currency? Just a simple question to those who argue. Will one non Russian or non China chinese put his saving into Russian ruble or China yuan?
Common sense - put your money where your mouth is 😅
Poor countries let their people work for nothing, just the people in government live well .
Only a matter of time…
Sideliners waiting for Godot
Any day now🔥
agree
Im still waiting the second coming of Christ
@@LanNguyen-vd4zt I saw him walking around Saigon yesterday!!
BRICS + 🤝🏿🤝🏿👏🏾👏🏾👍🏾👍🏾
I am glad that there are moves to counter the dominance of western countries in several economic spheres.This is long overdue.🙏🇿🇦🇿🇦✌️
A few things need to be clarified. The global economic system put in place after WWII only lasted until the 70s, it was replaced by Nixon when China deepened relations with the US and the implementation of the petrodollar. Now, if Saudi Arabia decides to start using the Yuan as a reserve currency, that'll be a game-changer. But for that to happen the banking industry has to go through a series of reforms and create institutions conductive to this end. I don't see this happening in the near future.
Saudi economy is tiny. Barely bigger than London's GDP.
@@miyahtallulahWho has Oil which powers Economies?London?
The saudi experiment was used as a template to dollarize the entire world economy, it was not designed to benefit the saudi economy.
This is very true in the 70s, two things resulted in the US getting a rebooted system which was the Saudis /petrodollar and also China aligning itself economically with the West under the US led capitalist system which provided decades of cheap high quality labor for the West... The soviet union could not beat this...
We love BRICS, fully behind it
We have had enaf of Western dominance
Phipplie makes a broad and misleading statement that the US and China are dismissing the WTO. Since going the WTO, China has followed its rules and abided by its rulings, and is still actively involved. The US clearly has abandoned the WTO to the point of blatantly violating its rules and ignoring its rulings. Perhaps he should check some facts.
agree with you observation
He is too biased
Confidence is key, as long as people have confidence that a currency will maintain its defense. It will remain dominant.
Eurocentric worldview has caused a lot of damage. Poor countries being frustrated with the current economic order is completely understandable by anyone not biased.
The average person in Western countries hasn't benefited much from the current economic order in decades.
This is the biggest reason why it's collapsing - political instability in the West.
The critical voice not being represented here is a dissenting voice from a Western country.
Which is curious, because it looks like they're driving history, at this point!
What blinds us, or makes historical progress very difficult, is our lack of awareness that our beliefs have grown obsolete and should be put aside.... This is I think much of the problem of the modern dilemma: Direct experience has been discounted, and in its place all kinds of belief systems have been erected.... If you believe something, you are automatically precluded from believing its opposite; which means that a degree of your human freedom has been forfeited in the act of committing yourself to this belief
World desperately needs a new & fair Economic multicultural order...
100%
Agree 100% with the economist from Singapore
Every leaders speak in their own language beside South Africa
Still under British influence just like constitutional monarchy
@@user-ur7kz8eo9f so sad. Iran speak their own language it up to you to understand it, China, Russia, Brazil)even tho it Portuguese) , India but South Africa choose to speak English and they have Zulu language wtf
🤦🏾♂️
@@WeAreTrueAfricanso what about Brazil?? Portuguese isn’t Brazilian you know
South Africa has 35 languages and 11 official languages + 1 in sign language. English is the most common language across the country.
The developing world is where the action is now. These countries possess the resources and materials necessary to generate wealth. In contrast, the West has reached its zenith, and going forward, only the ultra-wealthy in the West will continue to amass wealth, while the rest of the population faces increasing poverty.
🤣🤣 someone has not read about AI and Optimus...
You're right. Africa is the future. The only part of the world where the population will continue to grow is Africa. Both India and China will have their population decrease gradually in the future
Have you ever lived in the non,-western world? It seems not. Suggest you get on a plane. Wise up.
This is already happening
No wonder USA, Russia & China are all in Africa stealing their resources...
The male guest said that both the US and China ignore WTO, which is not a fact. China has been attacked by the United States with the trade war, which is illegal ruled by WTO. China has every right to sanction back according to the WTO rules.
This station is still super pro USA
Maybe the US is successful for many good reasons, which also is beneficial for most countries which seek reasonable geo- political systems & functionality in place, for better security, facilitated prosperity, and encouragement of more democracy & human rights…
Its Qatar government owned, can they afford/dare not to be?
@@boxcutter0 democracy of the corporations
Russia being against colonialism is hilarious
So is the US being against autocracies.
If they're both hypocrites, then there's nothing left to say
Still 10x better than the west and the current global dictator empire of lies
Compared to the West, they are much better.
Aside from Trump the US isn’t autocratic.
@@LancesArmorStriking when the US invades Canada because ‘they are and always have been a part of the USA; they don’t even have a culture’ then you comment would make sense 👍
Every country should be allowed to play in the sandbox. The prosperity of all strengthens the individual. There are enough resources for everyone contrary to what is being told. Working together in love and trust can solve all our challenges . Happy people who have enough to feed cloth and shelter their children are peaceful people.
Change is ever so constant, world 🌍 you have been 🐝 served 🫵🏾💯🔥
For whatever reason the western system seems to generate considerably more innovation and global reach change than any other so far. China and India aren't remotely close. If we shift to a more cold war knowledge/technology based mode the west will accelerate away again. The global community would be wise to think of this. Its obvious the wests middle classes are starting to mobilize, this is the most dangerous group in the history of the world. If they keep pulling from them for the welfare of the working class and immigrant populations and decreased top rate tax for the 1% they'll start decoupling from the lower groups like the 1% did from them. Good luck finding any simblance of stability if they do this.
YES.... as the US and West are definitely declining, China and the BRICS+ are on the rise! About 30 countries now in BRICS+ already plus anotehr 98 countries interesting in joining. For a potential total of 128 countries comprising 90% of the world's population!
Suggest you aquaint yourself with facts. Take China out of the Brics and the block is tiny.
Can you tell me a single binding policy created by BRICS? Is there a free trade agreement? Its not like BRICS was founded 2 years ago
@@eltongoaustriaco8268 It was only expanded one year ago. Already the world's largest trade block agreement has been ratified by two dozen countries in it . Hold my coffee, as there's MUCH more to come.
I think most people just want the US and its allies not to be too strong, they also don't want Russia and China to be too strong, many countries just want 2 equivalent superpower options, if 1 side bullies, another side has the power to punish and remind the consequences of law, you see nowadays evil is rampant and no one dares to stop it
Always the same people complaining about it for always the same purpose: To enrich themselves...
To shape the new order, you need a seat at the table. BRICS are collaborating on principles and rules.
One brics country, Russia, has been receiving a lot of the currency of another brics country, India, lately for petrol exports. They specifically agreed to be paid in rupiahs and not dollars. Now Russia doesn't know what to do with all the rupiahs. So much for the dollar being replaced right away. It will probably take time and there will be a tipping point.
Well it will stabilise with time. Right now is Era of transition . Does Russia has any other Option?? NO. its better that it supports Rise of india to Make the BRICS stronger.
India and Russia agreed to increase bilateral trade to $100 billion dollars by 2030, including the use of national currencies to circumvent Western sanctions, as Prime Minister Narendra Modi and Russian President Vladimir Putin sat down for the 22nd Annual Summit here on Tuesday.
The old world order and its vision of globalization might be dying but the new one will be stronger as it will hinge less on the actions of a handful of wealthy countries that only represent, at best, 20~25% of the global population. These changes will take globalization to a new level with better trade and better international representation where more nations and their nations will have a say in global politics.
Even though as an European these changes will greatly affect my countries economy negatively. Especially if our "leaders" continue to undying loyalty to the US. Luckily we see more and more action from citizens that are unhappy with the status quo that continues to ravage their economy, stability and the safety of our homes and lives.
Hopefully we can wrangle away controle from the warmongers in our governments before WW3 further escalates.
Better laws for journalism would be a huge step in accomplishing this. Journalism is dead in the west, it is now either outright owned by the ultra wealthy or relies mostly in Google, Amazon, Facebook and other advertisement companies that can conveniently point at their "black box" algorithm whenever you question them why a well researched article that is critical about the western elites gets no traction and no ads. Do it too often and you will simply not have the income to keep your business running. It's honestly a genius way to bypass any existing laws protecting journalism.
'who has the gold make the rules'
BRICS = Future !!!
there’s no order habibi it’s all monopoly
Lol, true
Like oil monopoly
Make sure pay off your debts first before venturing into new debt...
Currency itself is debt. You're paying your individual debts with societal debt. The entire game has changed and we haven't figured it out yet.
I'm glad there's alternatives than only "the West" (I don't like the term because then we Europeans get clumped together with the US), not because I agree with the politics of China or Russia.
I think it's a good thing, so that non-aligned nations have the opportunity to benefit from both Blocs, instead of having to defend itself against the incroachment of either the Chinese or American Bloc.
Many of these non-aligned nations deserve the economic expansion that this could bring and bring prosperity to the broader Global South.
wumao
But the problem is that you have always been benefiting from the West's huge lucrative market, and now that they are exposed, you want to jump ship. Classic
Or not. Better hope your fantasy comes true, because we (USA) aren't coming back. We're going to take care of ourselves and our allies/friends. Everyone else can rot on the vine as far as we're concerned.
@@careyfreeman5056 You say 'we' but America isn't really breaking up with anyone. You're just trying to be stupidly proud but America's long-term policy has never been to back away from Europe or Asia. Under Trump you threw some tantrums but always turn around again, because even though America doesn't want to admit this, they are as dependent on their allies as their allies on them. And considering your $34 trillion debt, I don't think the US will be the power it once was.
Not according to your government... It keeps interfering in every nation in the world.. @@careyfreeman5056
Replacing northern greed with southern greed is not an advance for humanity. Instead of being jealous of the rich, and trying to outdo them, we need to embrace a more simple way of living that is more sustainable for everyone. Greed is not good for humanity and THAT is the issue that needs to be addressed.
BRIC is funny all these meetings during the years and nothing came out of it. You can question the “rules” or order all you want, all I can see bunch of bla bla bla coming from it. These countries don’t trust their own government and their own laws let alone each other. Give me a break
Nadyabest. You're right, nothing to see here.
You're the Grasshopper, BRICS is the Ant.
Sorry folks… each individual person world wide votes by deciding what currency they TRUST most to hold its value. They choose the dollar. They see it as the most valuable currency in order to reduce their risk. So anyone can choose the Yuan… but they don’t. You need to convince your citizens that your currency is safer…. Good luck!
Really? We’ll see…..
What value exactly does the dollar have? Why do you think the west is terrified by the ascent of China?
Is that Victoria Nuland on the discussion panel? 🤣🤣
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but it’s hard to bite the bullet and do it.
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.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
Her name is. 'Jessica Lee Horst’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Interesting. I am on her site doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call.
What do you mean emerging? It's already emerged and it's been taking shape since 2022.
2022👀 You are misinformed, the NWO has been at play since the early 1900's. Or maybe I should say 1913 when the US FED was founded🤷🏾♂️ Just wait and see what's going to happen in 2030🤐
Is always good to have an alternative.....Old and New Global economic order can exist together and even be synergistic....We must not have a zero sum game mental....
Rules based? The US is the one that thinks international rules don't apply to them .
Talking about democracy…..of money
It is not multilateralism in itself that is being questioned, it is the current format of multilateralism that is being questioned. Get it right.
No it's multi-Lateralism that the US fears.
It's already here!!
WHEN IT IS IS WRONG PATTERN FROM THE BEGINNING = ALL OTHER PATTERNS WILL BE WRONG TOO!
Future is not good for qatar
I think Qatar is wise enough to move with BRICS or what did you think
@@taofeekquadry5168 🤣🤣🤣yaa India will allow Qatari.why not🤡🤲
@@taofeekquadry5168yes BRICS will sell Qatar Boeing Airbus planes F35 and luxury shopping 😂
@@Nehas949😂😅😂😅
01:45 truer words, NEVER SPOKEN👏🏾
Wow, Danny concluded with a real bang bringing out the Japanese experience vi's a vi's the U.S. "competition" ! 😂
Excellent comments
Iran fueled chinese industrial growth by supplying cheap fuel . China is indebted to Iran. China thereby recognizes the role of Iran in their economic success. They are best friends.
Not just the fuel... hardworking Iranian and Chines people made a big effort for developement that is making the difference, seting an example for our developing countries.
Strange that the USA exports cheap oil and gas....
Not cheap. Why don't you think China is helping Iran as they cannot sell oil to anyone and couldn't fight USA. Is your comment productive and constructive? Sometimes it is better not to say anything if nothing really good to say
You think Iranians are selling for the low to the Chinese out of the kindness of their hearts? They have no other markets from U.S sanctions LOL.
😵💫
Ownership is changing from Usa to china that's it😂
Free Palestine 🇵🇸 Free Humanity
😂😂 Frist free from islam
The first 3 minutes of music was unnecessary. Couldn't hear a word from the guy
Do we now should consider learning Russian or Chinese languages to deal in this new world order?
Smart people have learned those two languages a long time ago
Nah, most of them already either speak English, or they have an app on their phones that translates into English.
@@sandponics
You're wrong, most people don't speak English and Leiden University Center changed the ranking of the world's universities for the simple fact that the majority of research published by Chinese universities in scientific journals is in Chinese
They speak English, but if you wanna do business, speak Mandarin, this is a fact in Asia @@sandponics
Chinese sounds like the more important language. China is the industrial powerhouse and also has research and development, plus a much larger population.
The intro music is irritating
Force the dollar to a smaller role, and everything will be fine. Simple......
The USA had secured, that the resouŕce countries sell on the "free markets". The costs were compensated by the dollar. Now the resources are deteriorating. The buyer's markets turn into seller's markets. The USA cannot pay the huge military costs anymore. The resource countries try to maximise their profits. The danger is the financial system in dollar. All is NOT an ideologic or moral topic.
Save Bangladesh Student😢😢
What happened?
@@supriyapaul6426 i have the same question !!!!
@@IMLI8 Bangladeshi Government is imposing reservation killing merit. Bangladeshi students are opposing that
@@supriyapaul6426 they live there
Students are immature inexperienced easily swayed...
IMF’s basket of usable reserve currencies, ''the yuan’s share was just *2.3%* at the end of last year, according to the latest IMF data, down from a peak of *2.8%* in the first quarter of 2022." The yuan may one day live up to the global role once envisaged for it. _It may one day even rival the _*_American dollar._*_ But first it must eclipse the _*_Canadian one._*
The Economist Jun 13th 2024
NOPE, MOST COUNTRIES ARE DONE WITH WEF👍👍👍👍.
No guest from BRICS countries 😂. Poor journalism.
South Africa is a BRICS country
Where's all that USA✊🏽,USA✊🏽,USA✊🏽 talk at now!!! 🇺🇲🏦🤑🇨🇳
Save Bangladeshi students 🇧🇩
speak to China.
@@secretvision844just the opposite! The puppet regime is supported & installed by India.
@@secretvision844right
That how Muslim country behaves. Save Hindu's first
@@secretvision844 Don't show your ignorance. This event is nothing related to China.
Understanding what the panel of experts mean exactly requires a background in economics and being involved in global economic growth at some level. Having a large vocabulary understanding helps for gleaning meaning yet what is required is much speculation based on rantional linguistic deduction. Nonetheless, a discussion well worth both the time and mental effort.
Kontol lohkocoy
Dictatorial and communist manifesting are nonsense but manipulative.
This world should have rainbow in therms of everything. Any of system is ok if the people lives better. That is why US does not like and made rules for only its country and maybe few rish allies. Now others will rise.
I remember 10-15 years ago the global agenda was globalization, then climate change, now a new world order.
Which of the brics currencies would you like to peg your currency to? The one that pegs it's currency to the dollar..
Ehy should you peg your currency to another when there is a gold standard
@@atahonoel2005 there isn't enough gold but good luck with that.
Digital money is coming !!
Cheers from São Paulo!!!
India will be a new super power
And africa
The questioner is being questioned. The EU and the US doesn’t like that.
Save Bangladesh students from the faciest government
No, we saved you in 1971. You're on your own from here on out.
@@JohnnyRotten-uf6xw How's that any way to treat an ally?
@@SG-cv4pf We support you but India will not intervene.
Maybe Bangladesh need to involve China!
@@secretvision844 Kazakhstan, Philipines, Japan and Mongolia already involving India. Perhaps China should focus there.
China will bring peace and prosperity to the world.
😂😂😂
The people of the world and the free market mechanism are capable of making things work, and the US should stay inside their own borders.
Since WW2 the world population has gone from 2.5 billion to 9 billion. A big part of this is the Pax Americana that, through American control of the seas allowed the transfer of fertilizers to feed more people, medicine to allow people to live longer, and trade to pay for it all.😊
India superpower 2047
lol. superjunk
@@adam68756 why r u making fun of my mighty india?
Imagine how much interest they gained during that 5 to 7 year period. Where they aren’t taking payment. There’s always penalties for holding back till the end of your loan. It’s just another way to get them deeper in the hole.