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We already have too much investment money chasing too few investments domestically causing asset bubbles in almost every asset class. In other words, the excess money in the domestic money supply is going into the asset markets and not creating inflationary pressure that it would if it flowed directly into the domestic economy. The benefit of being the world currency is that excess dollars also flow out of the domestic money supply and into the world supply of dollars which is domestically deflationary. The BRICS story is all about restricting the flow of excess dollars out of the domestic money supply by reducing demand for dollars outside the USA until the direction reverses. When the flow of dollars starts coming back into the domestic money supply the question becomes where will it go? The asset classes are already overvalued. Two avenues of deflationary flow will be cut off simultaneously. The question then becomes how fast and efficiently can the FED remove dollars from the domestic money supply to avoid the inflationary pressures caused from a new source of dollars re-entering the domestic supply from overseas? I don't think the FED has the tools to monitor or handle this condition efficiently or in a timely manner which will lead to higher and more frequent inflation going forward. Milton Friedman famously said: “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” How rapidly will already printed money currently off shore return to the domestic money supply? Faster than output? Time will tell.
China will overtake dollar, China will global reserved currency Yuan China is master of master globally hegemony No power on earth can stop china global rise I bet china will expansion it border in 2030 China is new global superpower
They are too arrogant to learn... That's has been the road map to their own downfalls. China have history of more than 6000yrs old. Detailed-records of every war... Every win & every lost... Every strategy that man can come up with... No one can beat them.
So the BRICS trying to destroy the dollar isn't weaponizing their economies at all. Also China, Brazil, and South Africa are kind of genocidy. Trust if the '' Genocide '' was the other way you would be silent.
The only reason Saudi Arabia needs protection from the US is because of the US since the US is the one that is causing all of the wars in the world, especially in the Middle East where Saudi Arabia is located! But once China and Russia can protect other countries from the US’s bullying and invasions Saudi Arabia has no need for the US’s “protection” since the threats posed by the US on Saudi Arabia would be neutralized by China and Russia; therefore, there is no way Saudi Arabia would ever play this game that was set up by the US again, which means Saudi Arabia would refuse to accept the US’s worthless currency for trades, which means it would be the end of the US dollar as the global currency and hegemon, which means no more free lunches for the US empire, which means it would be the death of the wicked empire, but that could be good news for the American people since once all of those things happen they could kick out those shady neocon politicians out of office and replace them with government officials that actually care for them and would actually work for them instead of working only for the rich billionaires! Maybe then the American people would finally get the revolution that they have been longing for for a very long time!
Please remember that a countries, people and a country’s government are different. As an American, I can’t wait for our country to stop being the empire. Many of us Americans are on your side, the human race side.
You know if our government played fairly and weren’t international bullies we wouldn’t probably be experiencing our world falling apart right now. Greed is the enemy.
The West can demand the gold as their payment and any debt the BRIC nations and any African nation owes, Africa owes a lot probably in the trillions when you add up all 50 something African nations, why the West should demand payments from them only in gold.
@@gabionwall4601 as far as i can understand every brics member doesnt have too much influence on eachother like US on its european allies. So this is more "democratic" in my eyes. "Equal" partnership.
@@unknownhuman5507 how many wars, china started ? In the last decade ? two decades ? or maybe tree decades ? America calls a country democratic if it severs their interests, if not it's not democracy. Even if they commit crimes like Israel it is steel democracy.
The African countries owe the west trillions in loans, all they have to say is that they want their payment in gold, trillions in gold for the west to buy BRICS currency and keep it moving, lots of 3 and 2 world countries with so much debt and past forgiven debt that the West might want Gold as immediate payment of all debt.
The US Dollar is like the cartoon where Coyote chasing Road Runner off a cliff. Coyote continues running through the empty air until he realizes that there's no more ground beneath him, before "gravity" catches up to him and he starts falling.
That was President Traore in Burkina Faso. What he's done since taking power is phenomenal; his first program was to work on his country's infrastructure, building hospitals, giving farmers new farm equipment, etc. Look him up.
People who think Trump is their man, Kamala has zero credibility, are delusional. He represents the same 1% of the very rich Kamala represents. At any rate, the President is not the leader of the country. He is representing a certain group whose interests it protects. Obama, Clinton, W. Bush, the same thing. They were there for the speeches. The decisions were made behind closed doors by unelected entities.
I'm more interested in the BRICS conference in Kazan next month. This represents the future of the world that we should all want to see. The American 🤡 Show should take a back seat as whoever is voted in will do their best to hinder the Multipolar World & resuscitate American Hegemony.
True. The US election is all for show, to make people think they have 'democrazy'. Nothing will change, no matter who is 'voted' in. On the other hand, real changes occur with BRICS+, and these changes are for the better.
@@parkforest434 Good question. Empires never go down easily, so expect more escalation. However, the multi-nodal world is here, and unstoppable in my opinion.
@@bullishwhizz422 USA is the only empire to go Nuclear,USA wild card going nuclear again increases as the dollar becomes devalued , BRICS can thrive economically before World War 3. However, No country can beat USA militarily,BRICS economy plan is USA achilles heel.
With a massive 35 trillion debt everything in the u s is collapsing. Holding on to the dollar and bond is a death trap. Forever printing money will expedite its demise
So what should we cut to bring that debt down? Military spending, foreign aid packages, non essential pork in spending bills?, oh I know you want to cut social security, and Medicaid and education and government health insurance, we both recognize the problem it's always the solution is where I always get stuck.
@@khunmikeon858 If they didn't even have those they won't be able to force nations into getting what they want. War, coup, destabilising nations and also threats are extremely beneficial to American interests. They don't do those just for the fun of it.
@@colberthunter12 Same thing when a company goes bankrupt...Declare bankruptcy...let the market fall.. political process will elect in some enterprising young person who can turn it along by establishing a new currency based on gold... soviets collapsed because of financial mismanagement... us will also face the same because of reckless spending and debt despite being a democracy
Eagerly waiting for BRICS Summit in October 22 to 25. Huge number of countries are joining BRICS in this summit. More than 35 countries have applied to joined BRICS....
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals.?
Agreed, having a good financial advisor is invaluable, my portfolio is well-matched for every season of the market and has just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
As for the EU, we deserved it. The apathy and greed of the general public has steadily increased since the 1990s, and our governments are filled with spineless opportunists. It is unsustainable.
The fact that the EU is willing to fast track Ukraine's membership and ignoring the requirements and conditions is a slap in the face of Turkiye who is far more qualified and have been trying to join for the past 20 years.
Amazing isn't it? You trust a guy with your money and he steals it.. then he tries to ruin you economically.. others looking on think trusting these guys with my money mightn't be a good idea! ..duh!
It's going to be so so so so much harder being an American when the dollar dies. I'm tired of our government making us the badguy in EVERYTHING too..but the dollar dying may actually create a depression level event even worse than the first one.
@@blakegallegos1064 the problem is the chaos has begun to unfold. The longshoremen striking will do the USA more damage than ever: the BRICS nations will be smiling.
@@blakegallegos1064 The depression has a probability of being heralded by a housing crash, bankruptcy surge, credit crisis and an overly indebted government that can't bail out the banks this time, so the banks collapse and the debts-associated money supply with it. Deflation soon to follow.
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Stephanie Janis Stiefel. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
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It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
The world should dump the US$ which is a sheet of worthless paper backs by nothing but debts. Without the US$ as the reserved currency, the world is more harmonious and peaceful
It's set up so they don't have to pay the USA exchange but most important it makes it easier to trade between currencies and countries. Also the BRICKS is backed by gold.
Always enjoy your videos Cyrus. I don’t believe the tension started with Trump, though he certainly escalated it. The Obama/Clinton pivot to Asia would have been the first sign of things to come.
The USA could have been made as kings if they acted responsibly fair and just around the world. Acceleration of the dollarization is self-inflicted and well deserved a Sunday argue it's like picking up a large stone dropping on one's own feet
So the American people deserve it? We have no say in anything. We vote but both candidates are bought and paid for, we have literally no say in ANYTHING.
It’s way overdue. How a country that prides itself on freedom could become the greatest threat to peace, liberty and the pursuit of happiness the world over, is beyond me. The world has bent over backward long enough to keep American oligarchs fat and happy, coming to the realization however, that this is beyond rapaciousness. It is a deep sickness which nothing can cure but isolation.
The dollar is literally being destroyed / debased / devalued. I just want my money to keep outgrowing the inflation rate. How do i invest about 250k i have parked in the bank and what strategies do i employ to make significant gains and stable cashflow?
You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Brookings institute considers chinese currency, a 4000 year civilization, as "non traditional", but considers the USD which is a country not even 250 years old as traditional 😂 the eurocentrism is off the charts 😂
There is a saying in Chinese “A man who is never content is like a snake trying to swallow an elephant“ this is a perfect description for United States of America, NATO is all about Military and War, BRICS as of now is all about Economic and Prosperity.
Well it's time for the BRICS- New World Order to come up with a default reserve currency or simply go back to gold as the reserve. It will be too chaotic for each country to trade in their respective currencies with the daily change in exchange rates.
It is advisable for investors to exercise caution regarding their investments and exercise caution when considering new purchases, particularly during periods of inflation. Achieving significant returns in this economic downturn can only be accomplished with the guidance of a professional or trusted advisor.
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My CFA “Melissa Terri Swayne” , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
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As the dollar loses its grip in BRICS+ deals, these non-dollar trades and investments keep expanding every day. These ongoing shifts have the potential to further weaken the dollar over time. Consequently, the demand for the USD also diminishes gradually. With the reduced reliance on the dollar by BRICS+ nations, American and European sanctions take a hit, and the global economic structure keeps evolving.
In 2021, $319.7 billion U.S. worth of banknotes were printed. In 2023, the value of new banknotes printed dropped by half, reaching $162.4 billion U.S. Who had the great idea to print money 🤔
America is no longer what it was 20 years ago economically. But as long as people still use the internet and use Microsoft and Google services, America still has power. It is difficult for businesses to eliminate Microsoft and Google because they cannot afford it. When it comes to BRICS, India is a big question, i don't trust India.
The current top IT brand in the world is said to be Lenovo. There is a trend towards moving over to Linux OS. When China comes up with its own OS, it will be checkmate for the west. Android and iPhones are now doomed. Microsoft and Google may eventually follow suit.
35 TRILLIONS US -DEBT (= the official number! ). Can you ever imagine how much money that is ?? ( It means a sum of 35 000 BILLIONS !! ). But that is only the appearance of visible debt. Insiders ( for instance: US-Investor Jim Rogers ) however proclaim that the real amount of total US debt is somewhat close to 200 TRILLIONS !!! That's the real face of the US and not those fairy tales in movies and superhero comics. Now they will litter another 250 Millions more for corrupt Billionair and Clown Selenskij. People, beware of the „Greenback“ !! You will lose everything .
Didn't they say they would decide this at their August 2023 meeting? I hear the BRICS trading platform will be called the UNICORN and the denomination to trade will be named the RAINBOW!
The Brics currency won’t go anywhere, because for there to be a common currency. Then all the member nations need to work together seamlessly and transparently. With all due respect, that seems highly unlikely. Just because they don’t like the west, it doesn’t mean that the brics like or trust each other.
If more people and institutions lend dollars to the US government, it means that the confidence in the dollar is high. Nobody wants to be paid back in a currency that is expected to lose value.
China should further reduce their USA treasuries and import more of what they need from alternative suppliers from what they purchase from the USA. Let American Farmers and Suppliers who depend on the China market to deal with & to pressure their government.
Warren Buffet has often said that gold is a non-productive asset. That may be true but it isn't the value of gold that is rising, but the value of fiat currencies led by the USD that are falling in value. It's a question of time whether the reckless deficit spending will eventually catch up with them.
The US has an aging population that got soft on the reserved currency. The rest of the world has a lot of business it has to be getting on with and it no longer has time for the dollar. Using military might to blackmail weaker countries to continue pandering to the US is not much of a solution. If generates no love. So what can the US do to become relevant again? It could return to conservative values and conservative economics. I don`t mean just pretend conservatism but real conservatism. Then be stoic and endure for as long as it takes. Two generations would be the sort of duration needed to heal a lot of the damage.
The financial crime of printing too much currency already took place after covid. We literally have 5x the dollar supply as we did in 2019. The prices are not going back down to anyone dreaming and worse, the overall value of the dollar globally is going to continue to collapse.
When I think of Arthur Laffer, I think of the “Laffer curve” which purports that the lower the tax rate set by the government, the higher its revenue will be. I must admit that I am sceptical of Lafferisms.
I think BRICS has a new payment system. I don’t think USD will be replaced as the reserve currency because of its stability, liquidity, & lack of capital controls (unlike CNY).
What does it matter which party is in government anywhere when no politician or government actually runs the country. The City of London runs the world including USA.
Heard all this before on many occasions too. The Dollar is a reserve currency and backed by military capabilities. Like it or not, I think the dollar is here to stay. As for the debt, so what? Who’s going to ‘call it’? I think the French sent a ship to collect its gold decades ago, but since then, the Dollar is practically a world currency and I can’t see anything changing.
0:52 US needs to keep printing USD and needs to keep increasing the value of USD against other currencies . this weird scheme is working fine so far , but it wont last long . sooner or later the whole world will be flooded & bloated with USD and that's when they throw up USD . and that's the end of USD & USA
1 brics = to 1 oz of gold. Will not work because there's only 2.5 B oz of gold above ground. A bank run would collapse it. That should show you how valuable gold and silver is.
Stop using it as a weapon and sanctioning 1/3 of the world...I made a video about US sanctions and why they aren't working: th-cam.com/video/SBLrNwJkmZE/w-d-xo.html
Dollars never end, money for global countries public for trading exchanges products and services to maintain supply chain infrastructures without delay or shortage
🔹Many thanks to DeFi Technologies Inc for sponsoring today's video. You can read more about their latest projects here: defi.tech/
🔹Subscribe to my Geopolitics Newsletter: cyrusjanssen.substack.com
We already have too much investment money chasing too few investments domestically causing asset bubbles in almost every asset class. In other words, the excess money in the domestic money supply is going into the asset markets and not creating inflationary pressure that it would if it flowed directly into the domestic economy. The benefit of being the world currency is that excess dollars also flow out of the domestic money supply and into the world supply of dollars which is domestically deflationary. The BRICS story is all about restricting the flow of excess dollars out of the domestic money supply by reducing demand for dollars outside the USA until the direction reverses. When the flow of dollars starts coming back into the domestic money supply the question becomes where will it go? The asset classes are already overvalued. Two avenues of deflationary flow will be cut off simultaneously. The question then becomes how fast and efficiently can the FED remove dollars from the domestic money supply to avoid the inflationary pressures caused from a new source of dollars re-entering the domestic supply from overseas? I don't think the FED has the tools to monitor or handle this condition efficiently or in a timely manner which will lead to higher and more frequent inflation going forward.
Milton Friedman famously said: “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” How rapidly will already printed money currently off shore return to the domestic money supply? Faster than output? Time will tell.
China will overtake dollar,
China will global reserved currency Yuan
China is master of master globally hegemony
No power on earth can stop china global rise
I bet china will expansion it border in 2030
China is new global superpower
Oh THAT Project 2025 ,, not the one that the Democrat Regime keeps talking about 😂😂😂
US wanted to make a fool out of Russia and China. But instead, the US made a fool of itself. Let that be a lesson.
Russia and China gave USA a heavy rock, and USA looked at the rock and its foot.
They are too arrogant to learn... That's has been the road map to their own downfalls.
China have history of more than 6000yrs old. Detailed-records of every war... Every win & every lost... Every strategy that man can come up with...
No one can beat them.
It’s economic warfare, major powers have done it throughout history.
USA got backfired for not letting china access to its technology 😂
The lesson is to quit electing fools. Too late now I'm afraid.
This is what happens when you weaponise the dollar and become a bully supporting genocide.
So the BRICS trying to destroy the dollar isn't weaponizing their economies at all. Also China, Brazil, and South Africa are kind of genocidy. Trust if the '' Genocide '' was the other way you would be silent.
US policy hasnt changed same Vietnam war.
@@ViceCoinbeen that way since its inception. Nothing new.
The only reason Saudi Arabia needs protection from the US is because of the US since the US is the one that is causing all of the wars in the world, especially in the Middle East where Saudi Arabia is located! But once China and Russia can protect other countries from the US’s bullying and invasions Saudi Arabia has no need for the US’s “protection” since the threats posed by the US on Saudi Arabia would be neutralized by China and Russia; therefore, there is no way Saudi Arabia would ever play this game that was set up by the US again, which means Saudi Arabia would refuse to accept the US’s worthless currency for trades, which means it would be the end of the US dollar as the global currency and hegemon, which means no more free lunches for the US empire, which means it would be the death of the wicked empire, but that could be good news for the American people since once all of those things happen they could kick out those shady neocon politicians out of office and replace them with government officials that actually care for them and would actually work for them instead of working only for the rich billionaires! Maybe then the American people would finally get the revolution that they have been longing for for a very long time!
Yes that's why we must support Putin instead
I like the fact that to join brics, the country cannot santion another country, SO, NO BULLIES ALLOWED.😊
Love that too!
Animal Farm
Good
@@hendsemDollar farm....🤣
That would be a great rule and 100% I think this will be a requirement to join
I'm glad you're educating the West about China. Keep up the good work! 👍
But how likely is an already brainwashed population in the West able to learn the truth of China?
Please remember that a countries, people and a country’s government are different. As an American, I can’t wait for our country to stop being the empire. Many of us Americans are on your side, the human race side.
Thank you for the support!
@@theobserver9131we needed to hear that thank you
@@theobserver9131100% agree😊
You know if our government played fairly and weren’t international bullies we wouldn’t probably be experiencing our world falling apart right now. Greed is the enemy.
Yes. 100% thank you.
Hubris and narcissism
苏联解体后，美国应该出现一个像罗斯福一样的人制定新的世界和平政策。但是美国只是不断战争不断战争...战争...
Its not just greed, its capitalism which is nothing less than rewarded greed.
YOUR world*
Gold has been disrespected for decades...the real money beast is now awakening
SO True.
100% agree
The West can demand the gold as their payment and any debt the BRIC nations and any African nation owes, Africa owes a lot probably in the trillions when you add up all 50 something African nations, why the West should demand payments from them only in gold.
Africa!!!😂
God’s Currency
BRICS+ is a golden opportunity to unite. Building a better world, one brick at a time.
Are brics independent, or is it just part of the reset ?
As long as BRICS+ are independent from the US it's okay!
BRICS+ is independent of the USA.
@@gabionwall4601 as far as i can understand every brics member doesnt have too much influence on eachother like US on its european allies. So this is more "democratic" in my eyes. "Equal" partnership.
I don’t trust BRICS, but I do trust gold bricks
Amazing. The EU doesn't want NATO member Turkey but it will fast-track Ukraine. WTH?
And Nato could end up losing Turkey.😮
The difference is Vassal Vs Sovereign
Insane, and the worst part is Ukraine isn't even eligible for NATO membership as its too corrupt
@@CyrusJanssen Seems like the goal for the west is to conform to Ukraine's modality of governance..
F around and find out, the eu f’d around with turkey and now turkey is moving on.
Goooodbye dollar and Hellooo BRICS .
Hello brics or dictators?????😂😂
China, russia, nothing but stellar democracy😂😂😂
@@unknownhuman5507 how many wars, china started ? In the last decade ? two decades ? or maybe tree decades ? America calls a country democratic if it severs their interests, if not it's not democracy. Even if they commit crimes like Israel it is steel democracy.
The African countries owe the west trillions in loans, all they have to say is that they want their payment in gold, trillions in gold for the west to buy BRICS currency and keep it moving, lots of 3 and 2 world countries with so much debt and past forgiven debt that the West might want Gold as immediate payment of all debt.
@@unknownhuman5507 getting out of frying pan into the fire itself.
Somebody said the same thing 20 years ago
Say YES to BRICS and NO to NATO.
NATO is a gang of colonial criminals.
Yes indeed 🤝
Exactly. BRICS is about economic cooperation, while the EU has become politically oppressive and undemocratic, and NATO has been obsolete since 1991.
NATO IS A FAILED MONEY WASTING ILLUSION......... REFORM IS NEEDED
NOTO
Anything to destroy the dollar, I'm in!
I second that
@@ijatpingrhybI third that
Indeed so is most of the usa enslaved world.
Which country do you come from?
@@ijatpingrhybwhich country do you come from?
The US Dollar is like the cartoon where Coyote chasing Road Runner off a cliff. Coyote continues running through the empty air until he realizes that there's no more ground beneath him, before "gravity" catches up to him and he starts falling.
Good one 😂
Well said
🤣🤣🤣
You mean the ponzi scheme
Perfect analogy!
Brics game changer....brics pay amazing...brics commodities will really finish dollar...but it's really a shift in payment and trade
Yea, but the peaceful transfer of power needs to take place unless someone flips the monopoly board before completely losing lol.
I'd choose someone who can build a hospital in a week over a weapon's manufacturer by SHR
That was President Traore in Burkina Faso. What he's done since taking power is phenomenal; his first program was to work on his country's infrastructure, building hospitals, giving farmers new farm equipment, etc. Look him up.
I witness China building a new town for 80,000 residents in less than a month on an open field with full instructure included.😮😊
It's like darkness and light. One builds, the other destroys. No wonder the Ayatollah calls America The Great Satan.
100% give me tangible results that make a difference in people's lives
_Doesn't matter to us, Kamala will still laughing out loudly as usual, channel tons of taxpayers $ to Ukraine & isZreel ( Trump probably too)_
People who think Trump is their man, Kamala has zero credibility, are delusional. He represents the same 1% of the very rich Kamala represents. At any rate, the President is not the leader of the country. He is representing a certain group whose interests it protects. Obama, Clinton, W. Bush, the same thing. They were there for the speeches. The decisions were made behind closed doors by unelected entities.
No difference. From the old soldier to the old soldier....At the end is senility....🤣
she is like 'Comical Ali', Iraqi information ministry, who with a distorted smile tried to deny the bombing of Iraq. A laughing hyena
Trump won’t do it.., Trump gave a speech about what BRICS is doing years ago… it’s about to go down and Trump is in on it
Kamala doesn't laugh.. she is referred to as cackling kamala for a reason
I'm more interested in the BRICS conference in Kazan next month. This represents the future of the world that we should all want to see. The American 🤡 Show should take a back seat as whoever is voted in will do their best to hinder the Multipolar World & resuscitate American Hegemony.
As long as they, the Hegemon, and its allies don't interrupt it with escalations in the middle East and Russia.
True. The US election is all for show, to make people think they have 'democrazy'. Nothing will change, no matter who is 'voted' in. On the other hand, real changes occur with BRICS+, and these changes are for the better.
@@bullishwhizz422Can China raise peacefully? I doubt USA will demolish without a fight,this shit is sad.
@@parkforest434 Good question. Empires never go down easily, so expect more escalation. However, the multi-nodal world is here, and unstoppable in my opinion.
@@bullishwhizz422 USA is the only empire to go Nuclear,USA wild card going nuclear again increases as the dollar becomes devalued , BRICS can thrive economically before World War 3.
However, No country can beat USA militarily,BRICS economy plan is USA achilles heel.
With a massive 35 trillion debt everything in the u s is collapsing. Holding on to the dollar and bond is a death trap. Forever printing money will expedite its demise
So what should we cut to bring that debt down? Military spending, foreign aid packages, non essential pork in spending bills?, oh I know you want to cut social security, and Medicaid and education and government health insurance, we both recognize the problem it's always the solution is where I always get stuck.
@@colberthunter12
900+ American USA military bases around the world would be a damn good starting point!
Cant wait any longer, I hope they print more and elect another fool.
@@khunmikeon858 If they didn't even have those they won't be able to force nations into getting what they want. War, coup, destabilising nations and also threats are extremely beneficial to American interests. They don't do those just for the fun of it.
@@colberthunter12 Same thing when a company goes bankrupt...Declare bankruptcy...let the market fall.. political process will elect in some enterprising young person who can turn it along by establishing a new currency based on gold... soviets collapsed because of financial mismanagement... us will also face the same because of reckless spending and debt despite being a democracy
Eagerly waiting for BRICS Summit in October 22 to 25.
Huge number of countries are joining BRICS in this summit. More than 35 countries have applied to joined BRICS....
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals.?
keep contributing to your 401K, remember you are in for the long haul, but I'd suggest you consider financial advisory
Agreed, having a good financial advisor is invaluable, my portfolio is well-matched
for every season of the market and has just yielded 120% from early last year. I and my
advisor are working on a 7 figure ballpark goal, tho this could take another year.
Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.
I ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
Downfall of the west
The irony is it's self-inflicted. The US need not steal Russian reserves, but couldn't help itself. This was the final straw for the world.
@khalidanegum. My post saying the downfall was self-inflicted was swiftly censored by the guardians of free speech. Parhetic.
@khalidabegum100, not fast enough
As for the EU, we deserved it. The apathy and greed of the general public has steadily increased since the 1990s, and our governments are filled with spineless opportunists. It is unsustainable.
Yes
I'm Muslim and I love China 😊
The fact that the EU is willing to fast track Ukraine's membership and ignoring the requirements and conditions is a slap in the face of Turkiye who is far more qualified and have been trying to join for the past 20 years.
The whole thing about Nato is to keep Russia out. Turkey is a Muslim country and Europe will never accept them into the EU.
It is not 20 years but since 1987. Few years after CJ was born.
Bravo BRICKS , the World needs you. It is time for change!!!!
It’s BRICS
no K in it
That true
No K yet, unless Korea joins, or Kazakstan.. actually the term BRICS goes to BRICS+ ie no new letters added!
Amazing isn't it? You trust a guy with your money and he steals it.. then he tries to ruin you economically.. others looking on think trusting these guys with my money mightn't be a good idea! ..duh!
Let’s rock
I look forward to your content Cyrus
I appreciate that!
BRICS lo mejor para el Sur Global.
Thank you Cyrus. Well done. Best wishes 🖖🏼
I can’t wait to live in a country that is just a country, not an empire.
Give it 5yrs and the USA will be just a country. Bankrupt, but a country.
It's going to be so so so so much harder being an American when the dollar dies. I'm tired of our government making us the badguy in EVERYTHING too..but the dollar dying may actually create a depression level event even worse than the first one.
@@blakegallegos1064 the problem is the chaos has begun to unfold. The longshoremen striking will do the USA more damage than ever: the BRICS nations will be smiling.
@@blakegallegos1064 The depression has a probability of being heralded by a housing crash, bankruptcy surge, credit crisis and an overly indebted government that can't bail out the banks this time, so the banks collapse and the debts-associated money supply with it. Deflation soon to follow.
@@LyricsQuest Heard of stagflation? That comes with/after deflation.
This elderly lady from Australia says down with the dollar and down with the USA…..
But you are a 5 eyes member loyal to the commonwealth .
Ya but remember it's not more than half the people's fault .
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Stephanie Janis Stiefel. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
Been debt free for two years thanks to Stephanie Janis Stiefel. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
How do i reach her guys, if you don't mind me asking?
Stephanie Janis Stiefel hooked me up with a late-stage fund that got me in on private shares of some hot companies before they hit the market or blew up. Those investments totally paid off when the companies went public and their stocks shot up. Now, I'm stoked because I'm heading into retirement with almost a million bucks in my portfolio.
her name is 'STEPHANIE JANIS STIEFEL'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future...
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
The world should dump the US$ which is a sheet of worthless paper backs by nothing but debts. Without the US$ as the reserved currency, the world is more harmonious and peaceful
Can’t wait for a fair world
It's a power struggle. Fair has nothing to do with it.
There should not be any primary global currency.
It's set up so they don't have to pay the USA exchange but most important it makes it easier to trade between currencies and countries. Also the BRICKS is backed by gold.
@@carlaburgers3088 Having the USD as a global currency only serves the USA to the detriment of every other nation.
Always enjoy your videos Cyrus. I don’t believe the tension started with Trump, though he certainly escalated it. The Obama/Clinton pivot to Asia would have been the first sign of things to come.
China was excluded from the "International" Space Station.
They made their own space stations.
The USA could have been made as kings if they acted responsibly fair and just around the world. Acceleration of the dollarization is self-inflicted and well deserved a Sunday argue it's like picking up a large stone dropping on one's own feet
So the American people deserve it? We have no say in anything. We vote but both candidates are bought and paid for, we have literally no say in ANYTHING.
@@blakegallegos1064 The citizens don't benefit from the petro dollar, they meant the overlords and the elites.
It’s way overdue. How a country that prides itself on freedom could become the greatest threat to peace, liberty and the pursuit of happiness the world over, is beyond me. The world has bent over backward long enough to keep American oligarchs fat and happy, coming to the realization however, that this is beyond rapaciousness. It is a deep sickness which nothing can cure but isolation.
The dollar is literally being destroyed / debased / devalued. I just want my money to keep outgrowing the inflation rate. How do i invest about 250k i have parked in the bank and what strategies do i employ to make significant gains and stable cashflow?
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter
You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
Impressive can you share more info?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon
Malaysian here. ❤proud to my pm
Hairline looking good brother.
Great Brics updates, keep em coming❤
Great report by Cyrus
Harris is empty. (Cat-Soup) Friendly.
Brookings institute considers chinese currency, a 4000 year civilization, as "non traditional", but considers the USD which is a country not even 250 years old as traditional 😂 the eurocentrism is off the charts 😂
Expect a false flag event before the Brics meet next month
If you bully everyone, eventually everyone will get together and return the favour 😂🥴
This is why US INC is desperate for ww3
Jansen, Your set of hair looks great. 👍
Great podcast, very informative.
Camel or a Hump for Prez? Makes no difference.
Both answer to the same people
🇮🇱🇮🇱
All the Best BRICS❤
There is a saying in Chinese “A man who is never content is like a snake trying to swallow an elephant“ this is a perfect description for United States of America, NATO is all about Military and War, BRICS as of now is all about Economic and Prosperity.
Well it's time for the BRICS- New World Order to come up with a default reserve currency or simply go back to gold as the reserve. It will be too chaotic for each country to trade in their respective currencies with the daily change in exchange rates.
It is advisable for investors to exercise caution regarding their investments and exercise caution when considering new purchases, particularly during periods of inflation. Achieving significant returns in this economic downturn can only be accomplished with the guidance of a professional or trusted advisor.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
My CFA “Melissa Terri Swayne” , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Melissa up and send her a message. You've truly motivated me. God's blessings on you.
As the dollar loses its grip in BRICS+ deals, these non-dollar trades and investments keep expanding every day. These ongoing shifts have the potential to further weaken the dollar over time. Consequently, the demand for the USD also diminishes gradually. With the reduced reliance on the dollar by BRICS+ nations, American and European sanctions take a hit, and the global economic structure keeps evolving.
China is issuing Yuan bills with duplicate serial numbers. Why ? It's just paper, with little or no value.
Good video. Thank you.
I really hope the dollar will be just worthless green paper soon.
BOT 32
In 2021, $319.7 billion U.S. worth of banknotes were printed.
In 2023, the value of new banknotes printed dropped by half, reaching $162.4 billion U.S.
Who had the great idea to print money 🤔
America is no longer what it was 20 years ago economically. But as long as people still use the internet and use Microsoft and Google services, America still has power. It is difficult for businesses to eliminate Microsoft and Google because they cannot afford it. When it comes to BRICS, India is a big question, i don't trust India.
India dose'nt trust you either
The current top IT brand in the world is said to be Lenovo. There is a trend towards moving over to Linux OS. When China comes up with its own OS, it will be checkmate for the west. Android and iPhones are now doomed. Microsoft and Google may eventually follow suit.
@@istudios225 Yea!! Chinasoft!! I can't wait for that attached social credit score app.
@@istudios225 difficult
@@thiago5372 Nothing is easy. BRICS took 15 years to come to fruition but now they have surpassed the west in many areas. We will see.
There is another option for paying back debt denominated in US dollars. Hyperinflation. Worked in Germany after WW1.
It only postponed the death of an economy and it led to the militarization of pre-WW2 Germany.
35 TRILLIONS US -DEBT (= the official number! ). Can you ever imagine how much money that is ?? ( It means a sum of 35 000 BILLIONS !! ). But that is only the appearance of visible debt. Insiders ( for instance: US-Investor Jim Rogers ) however proclaim that the real amount of total US debt is somewhat close to 200 TRILLIONS !!! That's the real face of the US and not those fairy tales in movies and superhero comics. Now they will litter another 250 Millions more for corrupt Billionair and Clown Selenskij. People, beware of the „Greenback“ !! You will lose everything .
@@ALIEN_857 The causes are more diverse than that.
Stop using the USD for all purposes. BRICS should reduce trade outside of BRICS nations and stop using Western financial systems.
Thank You For This Information 💚💚💚💚🦅🦅🦅🦅
my daily dose
Thank you for the information
Rock On BRICS
Didn't they say they would decide this at their August 2023 meeting? I hear the BRICS trading platform will be called the UNICORN and the denomination to trade will be named the RAINBOW!
Can’t wait to see who the next set of countries are to join
The Brics currency won’t go anywhere, because for there to be a common currency. Then all the member nations need to work together seamlessly and transparently. With all due respect, that seems highly unlikely.
Just because they don’t like the west, it doesn’t mean that the brics like or trust each other.
The west needs leaders that can find a way to coexits and develop together. Get out of this narrow, zero sum thinking.
The US, country I was born into, has gone to $hit!! I don't blame those of BRICS to do what they are doing. I feel trapped here however.
China country I was born I feel trapped here too I love US especially NYC let’s switch
I'm favoured, $22K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.
You're correct!! I make a lot of money without relying on the government.
Investing in stocks and digital currencies is beneficial at this moment.
Why would they kill the doller off? Would you kill the golden goose?
Must have something to do with cryptos, but society dont like it?
Cash is king!
Japan also dumping US bonds
If more people and institutions lend dollars to the US government, it means that the confidence in the dollar is high. Nobody wants to be paid back in a currency that is expected to lose value.
Say hello to my little BRICKS !
I'm American and I fear that EVERYTHING in the US will be too damn expensive very soon.
China should further reduce their USA treasuries and import more of what they need from alternative suppliers from what they purchase from the USA. Let American Farmers and Suppliers who depend on the China market to deal with & to pressure their government.
Warren Buffet has often said that gold is a non-productive asset. That may be true but it isn't the value of gold that is rising, but the value of fiat currencies led by the USD that are falling in value. It's a question of time whether the reckless deficit spending will eventually catch up with them.
The US has an aging population that got soft on the reserved currency. The rest of the world has a lot of business it has to be getting on with and it no longer has time for the dollar. Using military might to blackmail weaker countries to continue pandering to the US is not much of a solution. If generates no love. So what can the US do to become relevant again? It could return to conservative values and conservative economics. I don`t mean just pretend conservatism but real conservatism. Then be stoic and endure for as long as it takes. Two generations would be the sort of duration needed to heal a lot of the damage.
The financial crime of printing too much currency already took place after covid. We literally have 5x the dollar supply as we did in 2019. The prices are not going back down to anyone dreaming and worse, the overall value of the dollar globally is going to continue to collapse.
When I think of Arthur Laffer, I think of the “Laffer curve” which purports that the lower the tax rate set by the government, the higher its revenue will be.
I must admit that I am sceptical of Lafferisms.
He maybe right, however if a tax system that is complex and need an accountant help to do is a paradox.
Laffer is the fool who laffed at Peter Schiff housing crash prediction, Peter ended up with the last laff
The good news for other countries with the dollar becoming weaker because of brics, military bases outside of the US will start to dry up😊
Okay McFly. We agree with you.
I think BRICS has a new payment system. I don’t think USD will be replaced as the reserve currency because of its stability, liquidity, & lack of capital controls (unlike CNY).
What does it matter which party is in government anywhere when no politician or government actually runs the country. The City of London runs the world including USA.
Heard all this before on many occasions too. The Dollar is a reserve currency and backed by military capabilities. Like it or not, I think the dollar is here to stay. As for the debt, so what? Who’s going to ‘call it’? I think the French sent a ship to collect its gold decades ago, but since then, the Dollar is practically a world currency and I can’t see anything changing.
The only Constant is change. The USA is much like the Roman Empire, heavily in debt and military spread vast and wide.
"Meu Deus!!! Eu creio, adoro, espero e amo-vos! Peço-vos perdão para os que não creem , não adoram, não esperam e não vos amam." Amém!!
😂😂😂 é um canal de geopolítica.
All the great empires once failed. It is a historical circle of life of countries.
0:52 US needs to keep printing USD and needs to keep increasing the value of USD against other currencies .
this weird scheme is working fine so far , but it wont last long .
sooner or later the whole world will be flooded & bloated with USD and that's when they throw up USD .
and that's the end of USD & USA
Not the end of the USA. We WILL adapt, adjust and conquer our problems. Need to get criminals out of our government first.
1 brics = to 1 oz of gold. Will not work because there's only 2.5 B oz of gold above ground. A bank run would collapse it. That should show you how valuable gold and silver is.
Bravo BRICS.❤❤❤ Long Live "BRICS" 🧡🧡🧡🧡🧡🧡🧡"Brazil, Russia, India , China, South Africa"❤❤❤❤❤❤❤
Saudi Arabia did not join BRICS yet
Correction. Elon is not a founder of Tesla.
yeah hes a fraud
Need one global currency
Is there any way the US can save the dollar? By bringing back US manufacturing companies and BY Increasing their technology or is it too late?
Stop using it as a weapon and sanctioning 1/3 of the world...I made a video about US sanctions and why they aren't working: th-cam.com/video/SBLrNwJkmZE/w-d-xo.html
Stop using the dollar as a weapon. I break it down in this video: th-cam.com/video/SBLrNwJkmZE/w-d-xo.html
Long Live Russia!
Long Live One China!
Long Live Iran!
Dictators are evil
Lame
What about Brazil, UAE, Egypt, India and South Africa? 😂😂
Hi Cyrus. Love your contents. I honestly think you need to upgrade better mic system for better quality
Goodbye dollar greetings from Indonesia... I hope that with this incident you can learn from your arrogance and feel the most powerful in the world.
🤔
C. R. E. A. M
🤷🏽♂️
Can’t wait to Tune In
Dollars never end, money for global countries public for trading exchanges products and services to maintain supply chain infrastructures without delay or shortage