Economist’s “News and Views” Saturday 7-6-2024
28 Countries Joining BRICS: What Next?
Fastepo: 7-5-2024
According to a Russian newspaper, Izvestia, 28 countries have expressed interest in joining BRICS, either as full members or partners.
This information was confirmed by representatives from one of the association's countries during the BRICS Foreign Ministerial Council in Nizhny in Russia. The list includes countries from different continents including Palestine.
However, Palestine, which is not yet fully recognized internationally, has expressed interest in joining as an observer state or partner.
Please note that the timing of this expansion has not yet been confirmed. Some sources, such as the Russian Prime Minister, have mentioned that it will be discussed during the BRICS summit in 2024.
However, other sources believe that it will be further discussed next year. Regardless of the timing, it is important to discuss this expansion in more detail.
This video will detail all 28 countries interested in joining BRICS and analyze their potential contributions, including how their membership could expand BRICS' influence and economic clout globally.
The analysis will consider the economic, political, and strategic implications of this expansion, providing insights into how BRICS could evolve in the coming years.
Argentina Faces Reality: Renews RMB Currency Lifeline, Expands China Trade For Economic Survival
Sean Foo: 7-6-2024
While Milei preaches dollarization, his economic moves is actually drawing Argentina closer and closer to China. Not only did he secure a vital currency lifeline, he is expanding trade with China with more agricultural exports. Here's why Milei did a dramatic U-turn towards Beijing!
Timestamps & Chapters:
0:00 Milei's U-Turn On China
2:51 Scrambling For Currency Lifeline
6:00 Argentina Needs More China Trade
9:17 China's Latin American Strategy
11:39 Milei Needs Chinese Investments
Bullion Bulletin - JULY 5, 2024
Miles Franklin: 7-5-2024
Bullion Bulletin is a compilation of videos from Andy's week of interviews. In this compilation, you'll find a variety of engaging and informative content featuring expert analysis and discussions.
Jim Rickards: If They Pull This Plug Right Now, There Will be a Reckoning Upon Us
Daniela Cambone: 7-5-2024
“The problem now is if you pull the plug, it will be chaos,” warns Jim Rickards, New York Times bestselling author. In an exclusive interview with Daniela Cambone,
Rickards also states that the U.S. is caught in a financial war, with the U.S. dollar being threatened by BRICS nations and their new currency. Even though the U.S. dollar will remain the world’s reserve currency, the BRICS currency could become a successful trading currency.
“That’s how confidence is lost in the United States, slowly at first and then suddenly. So we're not at the 'suddenly' stage yet, but we're getting really close.”
Watch the powerful interview to learn more about Rickards' thoughts.