50+ New Countries Joining BRICS - Watcher.guru
I’m going to read directly from the linked article because there’s a lot of relevant information but first what is BRICS?
BRICS stands for Brazil, Russia, India, China, and South Africa. They are an economic and geopolitical group for emerging markets. Why were they created? Get out of the shadows of the U.S. and other Western powers.
Why does this matter to you? U.S. Economic power is slowly, but surely waning. Just like how everyone in high and powerful places said Bitcoin would die, yet here we are. It seems to be the same thing with BRICS: slow beginnings with massive upside.
Hot take: We need to pay attention to this especially because this is being led by economic super powers: China, India, Russia, and Brazil. People and countries around the world are fed up with the U.S. stronghold and are now creating their own economic and geopoltical group. This is what happens when you concentrate the power over many into the hands of the few. Imagine this like a G7 for emerging economies. This is exactly how Bitcoin started and did not stop. The winds are shifting.
BRICS To Trade in Local Currencies - Watcher.guru
I’m going to read directly from the linked article because there’s a lot of relevant information.
Hot take: Power of USD is waning we need to pay attention.
Bonus: Billionaire Investor, Ray Dalio, worried about something worse than a Recession - YouTube
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