I know right every dictators and landowners aka nation states laundering their sovereign printed currency through the US dollars and coming out the other side clean..😁..
The market has been unfavorable for months even after applying numerous strategies I keep losing my money selling-off during dips, It’s a bad psychological position to be in, and I’m afraid to hold anything right now. What kind of trading plan can I use to avoid losses? How are you guys still making money? I’m down 55k this week, and it’s so overwhelming 😢😭😭.
I'm not sure which market you're referencing, but time is on your side. Hold until you're in profit, and consider a stop-loss plan of up to 10% for swing trading. It took me four years to realize that chart predictions are futile; you never know what will happen. Those years were tough without a mentor. Now, I keep things simple and disciplined, averaging $47k per week with minimal trading. I'm especially grateful to Ryan Brooks for his insightful 1-on-1 sessions, which have deepened my understanding of market dynamics and eased my trading fears.
@@deroutant I appreciate this recommendation and hope that by hearing about it I can gain some insights into the direction of the market and strategies to combat the downtrend.
@@Kavala76 Overcoming the G-7 Nations ability to dominate Colonial Exploitation, appears to be the biggest effect of the BRICS Trade Union? As the majority of Resources Available have indicated they intend to trade within this Group, the economic effects are lost to the G-7 Guys. As resources become more expensive, the G-7 Guys former colonial exploitation has ended. That seems to indicate they will be unable to buy essential ingredients for Industrial production.
Brilliant interview. I will ask my Japanese friends if they see themselves as a country occupied by the U.S. (after a few drinks of course!) Thanks Pascal
@@chewy1709 So, one or the other . . OR . . Someone that you might otherwise dismiss as being a "parochial special interest group" What a pig-ignorant thing to say, particularly of the Okinawan's. I think your exceptionalism is showing, considering the U.S does indeed occupy a 1/3 or more of the archipelago.
@@frenzalrhomb6919yeah but it’s a fact that fascists continued in power. You can’t say that fascism and fascists simply disappeared. They’re also occupied, both coexist. As for socialists, they seem to be a rather small group because of fascists and occupation.
@@frenzalrhomb6919 Colonial Exploitation of Okinowa is one area that seems to have potential to uncover resources that can produce a small portion of the American Colonial Exploitation. What is the resources output of Okinawa?
The last time we had a multi polar world, the first world war resulted from it. Don't be under any illusion it is a Utopia friend. We have been there before, it is nothing new as such, though I am hopeful this time it will be better, with international law absolutely central and empowered.
I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but I'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Tracy Britt Cool Consulting my FA. Retiring comfortably in the US these days is almost impossible. I honestly don't understand why people don't move to another country when they get older in retirement. It seems everybody has excuses for almost anything to not take action to better their situation.
@@urimtefiki226 I was studying Economics then. The US Treasury promised to support the Fiat Dollar in 1970. They did OK until 20 years ago. The US Fiat Currency has no value today.
Greed is the symptom, not the cause. The cause are the rewards and incentives of capitalism itself which incentivises contempt for those without wealth by those who have it, sociopathy to protect and maintain that wealth, and pure unbridled greed to make that wealth grow. Greed is the symptom, not the cause. You want governments that are not corrupted by the rich? you want an honest media not in the pockets of the rich? You want greed not to be a problem,? great, then GET RID OF CAPITALISM. Which is a thing voting for any centrist, or any right winger, will never accomplish.
There are times when I justly have to pat myself on the back! I did not go to college but 30 years ago I argued with friends that the US is starting to control world banking and this will eventually be used to force countries to do as they are told or be destroyed financially. “This would extend to domestic economics and military intervention. It will be another weapon!” I was ridiculed! But, as a socialist I understood that they were effectively making socialism illegal as a political choice because we (in the UK) were signing trade and financial agreements that will make it impossible to have a choice at the polls. “You will have two parties that both subscribe to exactly the same economic system! Socialism will no longer be a choice simply because it can’t be implemented!” Fast forward 30 years…
Exactumundo! You indicate the time the economic domination was emphasized. The last 20 years have demonstrated the cost of the USA purchase of the Eastern European Nations business. The cost to the US Economy has been over $30 trillion. Now that the USA has appropriated the devotion and resources available in the Balkans, the money to rebuild Military Power has faded. The Currency available to pay Workers in the USA to provide more weapons and Ammo. has gone. The US inflation of essential goods cost has driven the ability to support the US Fiat Currency into oblivion. The ability to continue the struggle to convince the Planet to love US Dollars is over. The Currency in 2 weeks will demonstrate no value.
De dollarisation is not us and them. It is a collection of options. It is a protection against sanctions. India does not need to de-dollarise. However expect it to be described as us or them by those who dont want change.
People keep thinking that ASEAN is like some sort of EU for SE Asia. It's not. It's a loose organization of SE Asian countries that cooperate on a number of foreign policies, trade and some security issues. It is not a framework for a United States of SE Asia and people really need to drop this.
In ancient time Japan tried to be eastern Song and Tang dynsties kind of empire and then they tried to be eastern westerners kind of nation. Wow… they are so lost. Now they have astockholm-syndrom.
Consensus is easier than you think. As humans we have common aims. I have worked with over 30 people in this way. It takes longer and requires discussion but is more sure. If decisions are pushed through they come back to bite. Consensus decisions have little comeback and are supported rather than undermined
I totally agree with John and Pascal about Japan. Japan will never have to guts, confidence or desire to pull away from the US or EU as it sees itself as superior to Asia..
The financial market is very similar if not identical to horse racing where the "experts" tell you, which horse is going to win and after the race can explain in detail why it came in last.
I understand and support the BRICS. But, judging by the facts described in the current information of both conflicts, I have a deep suspicion that the northern country will seek the most horrible of solutions. I do not see in its leaders the intention to simply accept the loss of their hegemony. I hope October 22-24 goes off without a hitch.
Russia build up a new airplane from the scratch, the MC 21. A very modern airplane, some light years further in development in comparison to the cheap "modernization" of the old Boeing 737, called 737 MAX with only two new engines under the old wings. Boeing "modernization" cost Boeing now at minimum 18,000 jobs, a lot of credibility - and btw. 400 Passengers and crew-staff their lives.
I hope you continue this dialogue with these two guests. This was very informative. I would have loved for Einar to discuss the Plaza Accords and how the US undermined Japan's growing economic hegemony in the 1980s. It left Japan permanently wounded and maybe more subservient to Washington. Look forward to more discussion. I am a Japanophile and read post Meiji writing. It is really an untapped treasure here in the US.
The USA had wanted to control the Pacific Rim as their "outer periphery" ever since Matthew Perry's 1853 "visit" to Tokyo Bay to coerce Japan out of isolation. Only the American Civil War, and the need to focus on the USA, saved these island nations at the time, from the same fate of Hawaii or the Philippines ("morphed" or used as imperialist proxies for US systemic expansion). One could say that the Manifest Destiny didn't stop when it reached the US West Coast. It continued into the Pacific. Perry stated at some point that he wished for the USA to take Formosa as US overseas territory as well, but Japan beat the USA to it (1895). After 1945, Japan was morphed as "unsinkable aircraft carrier" (aka the "staging area" in geopolitics/grand strategy). Now the USA/collective West are back. Taiwan must be "morphed" to become a US asset and proxy. A "next Ukraine."
One of the greatest discussion of a new age and new world, let see it though for the better of all humankind. There still even more fine tuning that can be grown from this set point .
Among the ASEAN countries, only the Philippines is not going in the same direction. Yes! Even Myanmar is. And yes, US is exceptiona... Exceptionally stupid!
EU idea was ok, but they drifted far away from the pillars of The Maastricht Treaty, just can’t keep Printing Money, that’s easy in the Short & Medium Term perhaps , eventually the Productivity issue will become an issue and here we are. It’s simple, the EU didn’t need any Security from someone against someone else…..connect the dots. Someone very upset that the EU wasn’t paying for Security they didn’t really need, they were going to pay whether they liked it or not. 🇨🇳 has Ability & Capability that the G7 now can’t believe. How things have changed.
Einar, Malaysia ranking in the Most Peaceful countries index likely rise to the top after adjusting for population size like GDP is more accurate when adjusted to PPP. Malaysia has the biggest population size among the Top 10 countries in this Institute for Economics and Peace Index. Logically, easier for a country to remain more peaceful when its population is smaller.
The times change, but what really sets in with 1 countries currency being the exchange medium is the greed level the leaders of that country! That's why it needs to be a common currency among the trade partners.
King of the hill is not a US financial fiction, it's a game theoretic result that has existed across history, where people save in a common medium because other arrangements are unstable. Simply, if you have more than one medium of savings and one appreciates against the other it will drive people into the appreciating medium, which will cause it to appreciate more against the relatively depreciating medium.
Japan has to stick with USA cause they are rightly weary of China 🇨🇳 having done what they did during WW2. I hope they don’t give China the excuse to strike them back.
Guys you have pave way to the new road ahead of time. Telling the world that America hegemony isn't going to continue as the world is moving away to try another means of payment settlement. Creating improvements in the economy of different nations to development
There is still little discussion about Swift, except to say that it is still viable and will require many years before foreign countries stop using Swift because they are still using the USD, thereby, needing access.
loved it. especially in the end with the drunk comment I was able to literally picture a drunk Japanese guy, put on a white with 1 big red dot headband and you will hear a completely different 🤣. I've never seen a calm drunk Japanese character in any show yet. I just can't picture a emperor playing with dragon ball-z and playing super Mario brothers.
Just an observation, never underestimate a capitalist's greed to set up bottlenecks and corall information even with the establishment of E currencies. The efficiency you may theoretically point to, is guaranteed to be short lived. And the price for that however is a massive loss of sovereignty and freedom.
West is known for casino democracy, where one wants to take it all including my invention. Changed my numbers and then insulted me, but I do not play casino with my invention bi...çim.
Удивительно, что до сих пор не все осознают, что после Второй мировой многие страны так и остались, по сути, оккупированы США. Япония - один из примеров, но еще один похожий пример - Германия, где после того, как из Восточной Германии ушел СССР, из Западной США не ушли, и на их территории остаются войска США. Более того, сам по себе альянс НАТО на сегодняшний день превратился из оборонительного альянса в способ влияния США на европейскую политику. Данный конфликт с Россией это очень хорошо показал, иначе крайне сложно объяснить шаги европейских политиков, которые, по сути, стреляли себе в ноги, и на данный момент очевидно, что максимальный ущерб от этого конфликта получает Европа. По поводу BRICS, это своего рода альтернатива «Большой семерки», только основанная на другом принципе взаимодействия. Если посмотреть, то большая семерка - это США + еще 6 стран, и структура, в которой есть один неоспоримый лидер, а все остальные, по сути, вассалы. BRICS - это равенство участников, конечно, в ней есть более крупные и сильные относительно остальных, но решение должно быть выгодно всем, иначе говоря, есть два вида условного лидерства: лидерство доминирования, как у США, где выгодно должно быть только США, а остальным надо подстроиться под лидера, и лидерство «престижа», где вы не забираете лидерство по средствам силы и запугивания, а вам отдают лидерство за счет вашей компетенции и выгоды, которую остальные могут получить, присоединившись к лидеру. По поводу Японии и вступления ее в BRICS. Как, в общем-то, и любой другой альянс, который не одобрит США. Это мало реалистичный сценарий, и не потому, что Японии это невыгодно, а потому, что им этого не позволят США. Помимо того, что Япония по сути оккупированная страна, она крайне сильно зависит от США финансово, и если посмотреть, где большая часть инвестиций Японии, то они в долговых бумагах США, где на разнице в кредитной ставке они зарабатывают. Также они еще и присоединились к санкциям, где отрезали себе российский рынок сбыта. Сейчас США пытаются навязать санкции и остальные протекционистские меры против Китая Европе, как, кстати, они сделали и с санкциями к России, но я уверен на 99%, что если у них получится навязать конфликт Европы с Китаем, то надавить на Японию и Корею они смогут легко, и в итоге Япония точно также покорно присоединится к этому конфликту. И США всегда смогут поправить свою экономику за счет разорения своих «союзников», например, переманив их промышленность, чем только усилят влияние на них, ведь теперь они будут зависеть от «помощи» США. И только когда BRICS окончательно избавится от необходимости в долларе, перейдет на собственные механизмы и системы, а присоединившихся стран станет критическая масса, то, может быть, и такие зависимые, как Япония или некоторые страны Европы, совершат попытку получить суверенитет.
26:00 the boom and bust cycle is a result of a “gold rush” approach to investing, a characteristic of imperial economic exploitation of colonies. perhaps there is an older and more sustainable approach to investing that is more like farming, that nurtures healthy productive capabilities and sensible risk hedging for the long term.
The steady expansion of international trade depends upon an expansion of the amount of units of exchange in circulation. The entity which issues this increase exercises seigniorage. That is to say it can print units of exchange and in return receive real goods and services. Since Breton Woods the United States has exercised this privilege, hence “we print dollars and they send us Toyotas”. The BRICS countries need to incorporate both a mechanism for a steady but not inflationary increase in units of exchange and a means of capturing the fruits of seigniorage on an equitable basis. I don’t think this is possible without creating a bank in say the UAE. where members lodge a tranche of gold and issue a currency backed by this and exchangeable on demand for this gold. Experience suggests that providing the amount of currency in circulation does not exceed 2.5 times the reserves the currency will retain the confidence of the market.
The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents.inflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
This is precisely why I like having an asset manager look over my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a manager for more than two years, and I've made over 85% of my initial amount
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
US, a casino masquerading as a democratic 🤡
I know right every dictators and landowners aka nation states laundering their sovereign printed currency through the US dollars and coming out the other side clean..😁..
The market has been unfavorable for months even after applying numerous strategies I keep losing my money selling-off during dips, It’s a bad psychological position to be in, and I’m afraid to hold anything right now. What kind of trading plan can I use to avoid losses? How are you guys still making money? I’m down 55k this week, and it’s so overwhelming 😢😭😭.
I'm not sure which market you're referencing, but time is on your side. Hold until you're in profit, and consider a stop-loss plan of up to 10% for swing trading. It took me four years to realize that chart predictions are futile; you never know what will happen. Those years were tough without a mentor. Now, I keep things simple and disciplined, averaging $47k per week with minimal trading. I'm especially grateful to Ryan Brooks for his insightful 1-on-1 sessions, which have deepened my understanding of market dynamics and eased my trading fears.
I've also heard a lot about Ryan, but no one shares his details. please can youshare?
HE'S MOSTLY ON TELEGRAMS USING THE USERNAME
@RyanBrooksFA :That's his Handle!
@@deroutant I appreciate this recommendation and hope that by hearing about it I can gain some insights into the direction of the market and strategies to combat the downtrend.
Brilliant discussion, admirable guests, your efforts to bring such experts on your show is greatly appreciated, Pascal.
Excellent conversation. Thank Einar. Thank you John. Thank you Pascal. Well done. Carry on. Best wishes. 🌞🤸🏽♂️🖖🏼 “Let’s get drunk!” ✌🏽
BRICS is one of many means that shall usher in a 1000 years of peace.
A few years of optimism? Probable.
A thousand years of peace? Improbable.
@@Kavala76 Overcoming the G-7 Nations ability to dominate Colonial Exploitation,
appears to be the biggest effect of the BRICS Trade Union?
As the majority of Resources Available have indicated they intend to trade within this Group,
the economic effects are lost to the G-7 Guys.
As resources become more expensive,
the G-7 Guys former colonial exploitation has ended.
That seems to indicate they will be unable to buy
essential ingredients for Industrial production.
Excellent discussion
Hopeful ❤
Brilliant interview. I will ask my Japanese friends if they see themselves as a country occupied by the U.S. (after a few drinks of course!) Thanks Pascal
socialsit friends? fascists? okinawan friends?
@@chewy1709
So, one or the other . . OR . . Someone that you might otherwise dismiss as being a "parochial special interest group"
What a pig-ignorant thing to say, particularly of the Okinawan's. I think your exceptionalism is showing, considering the U.S does indeed occupy a 1/3 or more of the archipelago.
@@frenzalrhomb6919yeah but it’s a fact that fascists continued in power. You can’t say that fascism and fascists simply disappeared. They’re also occupied, both coexist. As for socialists, they seem to be a rather small group because of fascists and occupation.
@@frenzalrhomb6919 Colonial Exploitation of Okinowa is one area that seems to have potential to uncover resources that can produce a small portion of the American Colonial Exploitation.
What is the resources output of Okinawa?
Welcome to the real world!!
I don’t buy $5 cups of Starbucks coffee now, so I certainly wouldn’t be buying $7, $8 or $10 cups of coffee anytime in the future.
I'm short, all shorts will require years of patience - don't bother. Folks are "out to lunch."
Among the many great and enlightening discussion neutrality studies has hosted, this may be the best I've watched
yes it is. watched it twice
@@siamcharm7904
I'm twelve minutes in and I see exactly why.
3 paid from Putin.
@@maronilyProjection must be fun ey? How about you work for me instead and I pay you double?
@@maronily
If Putin is paying me, can you please tell him to start sending the money to me and stop sending it to wherever it's going now?
A multipolar world is the only way forward!!!... Goodspeed Brics!!
The last time we had a multi polar world, the first world war resulted from it. Don't be under any illusion it is a Utopia friend. We have been there before, it is nothing new as such, though I am hopeful this time it will be better, with international law absolutely central and empowered.
I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but I'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Tracy Britt Cool Consulting my FA. Retiring comfortably in the US these days is almost impossible. I honestly don't understand why people don't move to another country when they get older in retirement. It seems everybody has excuses for almost anything to not take action to better their situation.
What country you moving too?I'm headed to Thailand or the Philippines in 4 years.
I have a sister in Sri Lanka, should be easy for me to settle in
How can i reach this Tracy Britt Cool Consulting, I will like to benefit from her good work. How to reach her pls
Her name is Tracy Britt Cool Consulting.
You can glance her name up on the internet.she's renowned and has quite a following. So it shouldn't be a hassle finding her.
Trouble is it isn't the dollar collapsing it is the entire Empire.
I don't see it as trouble it's a blessing period!😂😂
Flailing and starting wars everywhere.
3 paid from Putin.
@@maronily Anything intelligent to add?
@@mariadamen7886Its a real stretch to expect intelligence from the brainless. "By their fruits we shall know them"
West downfall, unbridled GREED, GREED, GREED and GREED!!
1970
@@urimtefiki226 I was studying Economics then.
The US Treasury promised to support the Fiat Dollar in 1970.
They did OK until 20 years ago.
The US Fiat Currency has no value today.
Greed is the symptom, not the cause. The cause are the rewards and incentives of capitalism itself which incentivises contempt for those without wealth by those who have it, sociopathy to protect and maintain that wealth, and pure unbridled greed to make that wealth grow.
Greed is the symptom, not the cause. You want governments that are not corrupted by the rich?
you want an honest media not in the pockets of the rich?
You want greed not to be a problem,?
great, then GET RID OF CAPITALISM. Which is a thing voting for any centrist, or any right winger, will never accomplish.
Wow! 2 of my favorite people being interviewed here from SE Asia! Thank you!
There are times when I justly have to pat myself on the back! I did not go to college but 30 years ago I argued with friends that the US is starting to control world banking and this will eventually be used to force countries to do as they are told or be destroyed financially. “This would extend to domestic economics and military intervention. It will be another weapon!” I was ridiculed!
But, as a socialist I understood that they were effectively making socialism illegal as a political choice because we (in the UK) were signing trade and financial agreements that will make it impossible to have a choice at the polls. “You will have two parties that both subscribe to exactly the same economic system! Socialism will no longer be a choice simply because it can’t be implemented!”
Fast forward 30 years…
Exactumundo!
You indicate the time the economic domination was emphasized.
The last 20 years have demonstrated the cost of the USA purchase of the Eastern European Nations business.
The cost to the US Economy has been over $30 trillion.
Now that the USA has appropriated the devotion and resources available in the Balkans,
the money to rebuild Military Power has faded.
The Currency available to pay Workers in the USA to provide more weapons and Ammo.
has gone.
The US inflation of essential goods cost has driven the ability to support the US Fiat Currency into oblivion.
The ability to continue the struggle to convince the Planet to love US Dollars is over.
The Currency in 2 weeks will demonstrate no value.
Yup.
De dollarisation is not us and them. It is a collection of options. It is a protection against sanctions. India does not need to de-dollarise. However expect it to be described as us or them by those who dont want change.
Excellent discussion!
Greetings from Australia
People keep thinking that ASEAN is like some sort of EU for SE Asia. It's not. It's a loose organization of SE Asian countries that cooperate on a number of foreign policies, trade and some security issues. It is not a framework for a United States of SE Asia and people really need to drop this.
Very wise too. The EU is heading for a fall I think.
Immanuel Kant:" Europe is like a crab." Crab is crab and nothing more...
is it spelled with a b or p 😂
Two brilliant guests! 👍👍
To be censured by YT, it is always a pleasure - for me.
In ancient time Japan tried to be eastern Song and Tang dynsties kind of empire and then they tried to be eastern westerners kind of nation. Wow… they are so lost. Now they have astockholm-syndrom.
Great video
Great minds on this program
Consensus is easier than you think. As humans we have common aims. I have worked with over 30 people in this way. It takes longer and requires discussion but is more sure. If decisions are pushed through they come back to bite. Consensus decisions have little comeback and are supported rather than undermined
I totally agree with John and Pascal about Japan. Japan will never have to guts, confidence or desire to pull away from the US or EU as it sees itself as superior to Asia..
Japan has a stockholm-syndrom.
The financial market is very similar if not identical to horse racing where the "experts" tell you, which horse is going to win and after the race can explain in detail why it came in last.
Greetings from 🇿🇦🇿🇦🇿🇦
Pang is one cool guy.
Thank goodness for BRICS and all the national leaders ne that have joined them.
We need to trade in our own currencies because its our democratic RIGHT
Backed by gold, as golden rule.
I understand and support the BRICS. But, judging by the facts described in the current information of both conflicts, I have a deep suspicion that the northern country will seek the most horrible of solutions. I do not see in its leaders the intention to simply accept the loss of their hegemony. I hope October 22-24 goes off without a hitch.
Russia build up a new airplane from the scratch, the MC 21. A very modern airplane, some light years further in development in comparison to the cheap "modernization" of the old Boeing 737, called 737 MAX with only two new engines under the old wings. Boeing "modernization" cost Boeing now at minimum 18,000 jobs, a lot of credibility - and btw. 400 Passengers and crew-staff their lives.
Pascal ,your choice of guests on your podcast is remarkable.Very smart people
another hit dr Pascal!
I am a looser with my invention, and I do not want to be a loser.
I worked for myself not to make others rich.
Yes. Very intetesting discussion. Especially the reintegration of Japan into Asia!
I hope you continue this dialogue with these two guests. This was very informative. I would have loved for Einar to discuss the Plaza Accords and how the US undermined Japan's growing economic hegemony in the 1980s. It left Japan permanently wounded and maybe more subservient to Washington. Look forward to more discussion. I am a Japanophile and read post Meiji writing. It is really an untapped treasure here in the US.
Amazingly smart and humble guests. Great host!
Pascal, weiter so!
Thank you for this discussion.
Wonderful news Sir thank you for the truth
The USA had wanted to control the Pacific Rim as their "outer periphery" ever since Matthew Perry's 1853 "visit" to Tokyo Bay to coerce Japan out of isolation. Only the American Civil War, and the need to focus on the USA, saved these island nations at the time, from the same fate of Hawaii or the Philippines ("morphed" or used as imperialist proxies for US systemic expansion).
One could say that the Manifest Destiny didn't stop when it reached the US West Coast. It continued into the Pacific.
Perry stated at some point that he wished for the USA to take Formosa as US overseas territory as well, but Japan beat the USA to it (1895).
After 1945, Japan was morphed as "unsinkable aircraft carrier" (aka the "staging area" in geopolitics/grand strategy).
Now the USA/collective West are back.
Taiwan must be "morphed" to become a US asset and proxy. A "next Ukraine."
Dominion From Sea to Sea by Bruce Cumings
Another interesting and informative discussion! Thank you.
Please address the loss of control for the individual and the tyrannical control given to the governments
Excellent discussion. Thank you Pascal.
One of the greatest discussion of a new age and new world, let see it though for the better of all humankind. There still even more fine tuning that can be grown from this set point .
Among the ASEAN countries, only the Philippines is not going in the same direction. Yes! Even Myanmar is.
And yes, US is exceptiona... Exceptionally stupid!
Every family has a black sheep. BRICS has India. EU has Hungary. NATO has Turkey.
The latest news is that Malaysia's application has been rejected. The reason has not been given. The discussants should give us some feedback on this.
EU idea was ok, but they drifted far away from the pillars of The Maastricht Treaty, just can’t keep Printing Money, that’s easy in the Short & Medium Term perhaps , eventually the Productivity issue will become an issue and here we are.
It’s simple, the EU didn’t need any Security from someone against someone else…..connect the dots. Someone very upset that the EU wasn’t paying for Security they didn’t really need, they were going to pay whether they liked it or not.
🇨🇳 has Ability & Capability that the G7 now can’t believe.
How things have changed.
The one measure will be the Gold price in relation to the county currency. Think that's the idea of the BRICS to hold Gold.
Great and fun discussion!
I really enjoyed this conversations
superb
Malaysia Boleh..!
EXCELLENT!
Great discussion 👍
Consensus will not last. Bigger will always dominate smaller, & individual egos will get in the way.
👍👍👍
Einar, Malaysia ranking in the Most Peaceful countries index likely rise to the top after adjusting for population size like GDP is more accurate when adjusted to PPP. Malaysia has the biggest population size among the Top 10 countries in this Institute for Economics and Peace Index. Logically, easier for a country to remain more peaceful when its population is smaller.
The times change, but what really sets in with 1 countries currency being the exchange medium is the greed level the leaders of that
country! That's why it needs to be a common currency among the trade partners.
King of the hill is not a US financial fiction, it's a game theoretic result that has existed across history, where people save in a common medium because other arrangements are unstable.
Simply, if you have more than one medium of savings and one appreciates against the other it will drive people into the appreciating medium, which will cause it to appreciate more against the relatively depreciating medium.
Hi Pascal
What is the differents between talking about China to a japanese vs talking about Russia to a german in terms of reaction to the discussion?
Multipolar Peace Alliance!? That sounds great!
Is it possible to join?
Japan has to stick with USA cause they are rightly weary of China 🇨🇳 having done what they did during WW2. I hope they don’t give China the excuse to strike them back.
Today Japan can’t just take resources from other Asian countries as before so their only chance to recover is with joining BRICS and Asia generally
I should think that the new unit of monetary currency will be the major focus and priority by BRICS now that US$ will be discarded.
Pascal coming from the bottom of the ocean
ameen
When BRICS are 20 instead of 5, do you think that will accelerate / facilitate the development of a new global payment system?…
Guys you have pave way to the new road ahead of time. Telling the world that America hegemony isn't going to continue as the world is moving away to try another means of payment settlement. Creating improvements in the economy of different nations to development
There is still little discussion about Swift, except to say that it is still viable and will require many years before foreign countries stop using Swift because they are still using the USD, thereby, needing access.
loved it. especially in the end with the drunk comment I was able to literally picture a drunk Japanese guy, put on a white with 1 big red dot headband and you will hear a completely different 🤣. I've never seen a calm drunk Japanese character in any show yet. I just can't picture a emperor playing with dragon ball-z and playing super Mario brothers.
Einar, It depends how real the numbers you're punching in, how close to true the computer's number it spits back.
THE SYSTEM TODAY IS TYRANNICAL !!! BUT THIS NEW DIGITAL SYSTEM SOUNDS EVEN MORE TYRANNICAL !!!!
John ❤❤
Just an observation, never underestimate a capitalist's greed to set up bottlenecks and corall information even with the establishment of E currencies. The efficiency you may theoretically point to, is guaranteed to be short lived. And the price for that however is a massive loss of sovereignty and freedom.
Ya, but we’re making so much money in the meantime!
West is known for casino democracy, where one wants to take it all including my invention.
Changed my numbers and then insulted me, but I do not play casino with my invention bi...çim.
Good discussion
But the "gold" issue was not mentioned or potential UNIT BRICS currency.
What about the Anglo-Dutch Imperial financial system? Wil it still be in use?
Удивительно, что до сих пор не все осознают, что после Второй мировой многие страны так и остались, по сути, оккупированы США. Япония - один из примеров, но еще один похожий пример - Германия, где после того, как из Восточной Германии ушел СССР, из Западной США не ушли, и на их территории остаются войска США. Более того, сам по себе альянс НАТО на сегодняшний день превратился из оборонительного альянса в способ влияния США на европейскую политику. Данный конфликт с Россией это очень хорошо показал, иначе крайне сложно объяснить шаги европейских политиков, которые, по сути, стреляли себе в ноги, и на данный момент очевидно, что максимальный ущерб от этого конфликта получает Европа.
По поводу BRICS, это своего рода альтернатива «Большой семерки», только основанная на другом принципе взаимодействия. Если посмотреть, то большая семерка - это США + еще 6 стран, и структура, в которой есть один неоспоримый лидер, а все остальные, по сути, вассалы. BRICS - это равенство участников, конечно, в ней есть более крупные и сильные относительно остальных, но решение должно быть выгодно всем, иначе говоря, есть два вида условного лидерства: лидерство доминирования, как у США, где выгодно должно быть только США, а остальным надо подстроиться под лидера, и лидерство «престижа», где вы не забираете лидерство по средствам силы и запугивания, а вам отдают лидерство за счет вашей компетенции и выгоды, которую остальные могут получить, присоединившись к лидеру.
По поводу Японии и вступления ее в BRICS. Как, в общем-то, и любой другой альянс, который не одобрит США. Это мало реалистичный сценарий, и не потому, что Японии это невыгодно, а потому, что им этого не позволят США. Помимо того, что Япония по сути оккупированная страна, она крайне сильно зависит от США финансово, и если посмотреть, где большая часть инвестиций Японии, то они в долговых бумагах США, где на разнице в кредитной ставке они зарабатывают. Также они еще и присоединились к санкциям, где отрезали себе российский рынок сбыта. Сейчас США пытаются навязать санкции и остальные протекционистские меры против Китая Европе, как, кстати, они сделали и с санкциями к России, но я уверен на 99%, что если у них получится навязать конфликт Европы с Китаем, то надавить на Японию и Корею они смогут легко, и в итоге Япония точно также покорно присоединится к этому конфликту. И США всегда смогут поправить свою экономику за счет разорения своих «союзников», например, переманив их промышленность, чем только усилят влияние на них, ведь теперь они будут зависеть от «помощи» США. И только когда BRICS окончательно избавится от необходимости в долларе, перейдет на собственные механизмы и системы, а присоединившихся стран станет критическая масса, то, может быть, и такие зависимые, как Япония или некоторые страны Европы, совершат попытку получить суверенитет.
Well said
26:00 the boom and bust cycle is a result of a “gold rush” approach to investing, a characteristic of imperial economic exploitation of colonies. perhaps there is an older and more sustainable approach to investing that is more like farming, that nurtures healthy productive capabilities and sensible risk hedging for the long term.
The steady expansion of international trade depends upon an expansion of the amount of units of exchange in circulation. The entity which issues this increase exercises seigniorage. That is to say it can print units of exchange and in return receive real goods and services. Since Breton Woods the United States has exercised this privilege, hence “we print dollars and they send us Toyotas”. The BRICS countries need to incorporate both a mechanism for a steady but not inflationary increase in units of exchange and a means of capturing the fruits of seigniorage on an equitable basis. I don’t think this is possible without creating a bank in say the UAE. where members lodge a tranche of gold and issue a currency backed by this and exchangeable on demand for this gold. Experience suggests that providing the amount of currency in circulation does not exceed 2.5 times the reserves the currency will retain the confidence of the market.
The global financial 39:09 ponzi is imploding 😢
US carrier king of cementry
Japan need to get dynamic and focus asia and younger cenerations
@43:27 “we force constitution on them” who are “WE” ! Ithiught the Americans did it
Here? Not here.
''Cross border payments''
bags packed baby. Ya`ll don`t wanna say about the new standard, but i already know. hahahahahahaha.
Where can I get my WEF tokens?
Blockchain micropayments=Bitcoin sv costs 0000.2cents per transaction without a bank intermediary
Will S. Korea, and Japan join brics????
i doubt they will unless the military industrial complex running the US corporate entity gets dismantled
Vino veritas😅
arrogant usa
Hahahahahahahaha Hahahahahahahaha
The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents.inflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
This is precisely why I like having an asset manager look over my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a manager for more than two years, and I've made over 85% of my initial amount
Do you mind if I ask you to recommend this particular person you using their service?
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
ASEAN is only for south east asian countries. Einar doesn't know what he's talking about 😂
+