The BRICS bank moves to challenge the global dollar system by issuing bonds in their local currencies. This move could start to trigger a wave of countries moving to break away from dollar-denominated debts. This is bad for the US bond market but great for emerging markets looking to grow faster and reduce risk from the established order. Here’s what you must know!
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✅ Timestamps & Chapters:
0:00 BRICS Bank’s Bold Move
2:12 The World Is Trapped In Dollars
4:34 Breaking The Wheel
7:06 Emerging Markets Want Out!
9:52 Big Benefits With BRICS
12:08 A Long Battle Ahead
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The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.
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