BRICS Tries to Ride on the Dedollarisation Wave | Vantage with Palki Sharma
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- Опубликовано: 1 июн 2023
- BRICS Tries to Ride on the Dedollarisation Wave | Vantage with Palki Sharma
Europe has the euro. The Japanese Yen and Pound Sterling, along with China's Yuan complete the club of world's powerful currencies. Join Palki Sharma as she tells you all about the biggest currencies across the world, and why countries are looking for alternatives. The BRICS is seriously considering the development of a new currency to challenge the US Dollar's hegemony. Such a move could severely reduce the USA's influence over emerging economies.
Firstpost | World News | Vantage
#firstpost #vantageonfirstpost #worldnews #palkisharma
(This story was originally published on February 3, 2023)
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
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Only if Palki is present 😊
About time palki show up it stop me from unsubscribing
If palki goes, your subscribers also go
CRYPTOCURRENCY-BACKED BY GOLD!
She has to take down the two mobile phones from the desk. It looks unprofessional
BRICS wants to build a new currency. It is also worth noting that gold has historically been used as a store of value and a means of exchange, and some countries still hold significant amounts of gold in their reserves. However, it is unclear how a new currency backed by gold would function in the current global financial system and whether it would gain widespread acceptance. Ultimately, any decision to create a new currency would be subiect to numerous economic, political, and logistical considerations.
It's interesting to learn more about the discussions and proposals around BRICS nations and their potential use of gold. There are several reasons why people may choose to buy gold, including its historical use as a store of value and means of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Additionally, gold can offer diversification benefits to investment portfolios, as it tends to have a low correlation with other asset classes like stocks and bonds. However, it's important to note that investing in gold carries risks and may not be suitable for evervone. and investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any decisions.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with Catherine Morrison Evans, a financial consultant regulated by the SEC, and started small, but eventually accumulated almost $820K.
@@martingiavarini How can i reach her, because I’m seeking for a more effective investment approach on my saving.
Catherine Morrison Evans’’ maintains an online presence. just make a simple search for her name online.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..This information is really helpful.
Investing is considered a bedrock in making generational wealth. Most people don't know when, where or what to invest in. Fortunately, great investors of the past and present can provide us with guidance and ideas. Meaningful contributions are always welcomed.
Trading with an expert has been the best way of making huge returns from crypto currency.
The common mistake we newbies make is investing without help and legit guidance from a professional.
@@harrisonmichael9636Yes, you're right, it's not watching all videos wasting time on strategies, I was ignorant doing so till I met Sir Lucas S.Chamberlain last year at a startup funding event in Washington DC.
He had some interesting things to say about the state of algorithmic trading today, obviously I'm seeing results, and my trading is going smoothly.
Trading is like a real time business if you want to win it, you need to be prepare for it. Markets are unpredictable, and you can't predict every.
BRICS seeks to create a new currency, considering gold's historical role as a store of value and medium of exchange. However, the functionality and acceptance of a gold-backed currency in the current global financial system are uncertain. Creating a new currency requires careful consideration of economic, political, and logistical factors.
The discussions and proposals surrounding BRICS nations' potential use of gold are intriguing. People choose to buy gold for various reasons, such as its historical role as a store of value and medium of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolios due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance, and financial situation before deciding.
I find gold investment reliable and aim to buy more to recover losses. Silver is also a good investment but differs from my collectibles. Clear investment goals and education are crucial. I work with Christine Jane Mclean, a SEC-regulated financial consultant. Starting with modest investments, I accumulated nearly $799k over time.
@@HarrietBemish How can i reach her, because I’m seeking for a more effective investment approach on my saving.
@@berkrix4312 Christine Jane Mclean maintains an online presence that can be easily found through a simple search of her name on the internet.
@@HarrietBemish After locating her, I composed an email and arranged a phone conversation. I'm optimistic that she will reply, and my goal is to conclude 2023 on a financially successful note.
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If youre not ready for it, you shouldnt be in the market business. or get you a skilled practitioner.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of Heather my financial advisr, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking…
@@martingiavarini Not bad at all. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?
@@hermanramos7092 Finding financial advisors like Catherine Morrison Evans who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@@martingiavarini Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
It is a government inspired crisis this time. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone is the 15th when the government issue a new batch of Bonds. I have approximately 350k stagnant in my portfolio that needs growth. What is the best way to take advantage of this downturn?
That’s right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Investment planner if you need an aggressive return.
In the world of fina-nce, rece-ssions are prime opportunities for wealth creation. When my port-folio suffered a significant loss in April of last year, I realized the need to enlist the expertise of a financial consultant. With her guidance, I have not only recovered from my losses but also generated a profit of 250k. The knowledge and skills I have acquired through this experience have been inval-uable in my journey towards finan-cial success.
Please can you leave the info of your invstment analyst here? I need such luck lol
Deborah Jean Dykstra. She is a genius when it comes to diversifying her holdings. You can verify her identity for yourself by looking her up on-line. She is well knowledgeable about the finan-cial ma-rkets.
Upon conducting a comprehensive search, I discovered that her complete name occupied the highest position in my search results. I express my gratitude for this valuable information, and it is genuinely appreciated.
Am i the only one who missed palki the past few days, glad she's back. Love from sri lanka ❤
She's not, these our old videoes
@@Shubhii-ih3cd no these are not old videos, The old videos are videos when she worked for WION,
@@Shubhii-ih3cd where is she currently?
she is ill with brain cancer [ modi virus]
lol why would a sri lankan like her, all indians have tried to do is make sri lankans look like beggar people, india giving aid and being your father, delete comment bro,
Great video. I watch several youtube videos on how to trade in the market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Katrina susan, she is my current trader and her strategies are working
I'm amazed you mentioned katrina susan, she is the best and her strategies works like magic. I've been making over 80% of my investment weekly since I started investing with her trading service
This is not the first time i am hearing of Katrina susan and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but i have no idea how to reach her
You can reach her through TELEGRAM
Katrinasusan is the name to look for
Brics is not riding the wave, BRICS is the wave.
In a toilet
@@lettucesalad3560 chutiya
It's a very good punchline. However we need to be careful about making such exaggerated statements at this point of time.
USA is still the no.1 country, we can't avoid it's influence. Some americans get offended and start commenting about toilets...
I doubt that
I and C - can't work together
B and S - geographically isolated
This will be Extra complicated in policy making than the dollar
Indian Rupee going solo has more hopes in competing with the Dollar than this group of countries.
@@Sameer_S_Kulkarni that's why the process has been slow, there is much precaution to be taken, destabilizing the dollar will have grave consequences to world economics no doubt but it can and will be done
This needs to be done for the sake of humanity. Dollar is no longer a friendly international currency. It must replaced as soon as possible.
Cu ce monedă să fie înlocuit dolarul ?
@@bicabica4003 china biggest exporter and Saudi biggest exporter of oil are agreeing on dealing in yuan as an indian sad to say but china yuan can replace dollar
@@shakunimama936 China doesn't want to replace the USD. It wants to control its currency and will not want it to be openly floated, that's why it needs other countries like India, Brazil and others to work together and come up with an alternative. It is not easy to do as the USD is just way too big
.
Final my heart relieved now 😅😂
Imagine how I miss ur voice I was completely sick 😢
@@bicabica4003 everyone should deal in their own currency
There are lots of mixed opinions about stocks and there projection in the next coming years, I aim for short term solid gains from market correction and I'd definitely jump on the boat if I knew a thing or two about day-trading, but then again what do I really know? I'm just looking for the right moves to grow and hedge my stagnant reserve of $370k from inflation.
it's all hype! best to ignore the trend at the moment whether bullish or bearish, and stick to a proper trading plan preferably with expertise assistance.
Yeah, more reason I enjoy my day to day market decisions is that I'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to outperform. Netted over $1.5m in return on investment, since using a coach 2years and counting.
@@MariusNatt talking about coaching, do u consider anyone worthy for recommendations? I have about 80k to taste the waters now that large cap stocks are at a discount... thanks
@@Rachelschneider03 I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, "Maria Teresa Tyler" turned out to be better and smarter than all the advisors I ever worked with till date
I have a trillion billion gazillion dollars, here take my bank account numbers and my pin.....or should I buy gift cards and read the numbers to you on the phone
Long Live Bharath. Long Live BRICS. Marching to attain Economic Independence from USD.
You already have economic independence from USD. Are there any sanctions on India?
@MSD Group When the UN receives it they cannot spend it without converting it to USD . . . they would raise your membership fee.
And only a few currencies can the UN put in their bank. That depends on what the bank is setup to accept and handle on their computers and contracts. It all has to be converted to something the bank is setup to handle.
@@Matthew_Loutner can you please tell me the use of the UN?
@@bmmacoh3387 Sure.
After World War I, the world set up the League of Nations. Its purpose was to promote communication and cooperation between countries so there would never be another world war.
But the League of Nations failed to make that happen and World War II started.
After World War II, the United Nations was setup with the same purpose . .
To promote communication and cooperation between the nations so there will not be a World War III.
YES!!! Palki is back!!!🎉🎉❤️
Thank god palki is back
I couldn't watch news without her
She reports false news and propaganda… The dollar will not be replaced in our lifetime…
She's not, these are her old videoes
@@Shubhii-ih3cd she is she left wion and joined first post.
@@naveenrudraraju8874 why she left
@@ezioauditore5616 She wanted free will to speak on anything. You know how news channels are these days right? they take sides, wion was taking sides so she didn't like that and wanted to stay neutral. So she didn't like that they were controlling what comes out of her mouth, when she was in wion.
I'm having a bad year; SBUX is down by $40k, ALLP is down by $35k, Draft Kings is down by $6k, NIO is down by $15K, ABML is down by $8K, and my husband is unaware. I'm only clinging to Jim Cramer's advice regarding opportunities during erratic market conditions in the hopes that I can either wait for a recovery or choose profitable investments to make up for my loss.
As a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this? are you a pro investor?
@Finest Bear Hug We’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.
If you follow JIm Cramer, your portfolio is doomed. I run an anti portfolio of Cramer since 2020 and im net positive by 17%. Please dont follow that jack ass who is funded by institutional money to slowly bleed you dry.
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.
@@McElvinn I agree, that's the more reason I prefer my day to day invt decisions being guided by a fin-advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a fin-advisor for over 2years+ and I've netted over 2.8million
@@AUstinnesc I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@@sherryie2 My advisor is NICOLE DESIREE SIMON , 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
@@AUstinnesc she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
I Just simply love your content ma'am.
She is china hater while her country's 800M donot have enough to eat.
She is great at what she does.
Brics propaganda
@@myownpaperplane at least not Europe and USA
@@ParagOak can't help it, when we're busy Strategically digging their grave
Thanks to 🇷🇺Russia from 🇮🇳! World order has started change.
You mean the guy wanted in 100+ countries.. . 😂...great start....
@@danhtran6401 no serious country takes ICC warrant for Putin seriously.
@@danhtran6401 cry more. 🤣🤣
@@Nayaka77 I cry all the time. When I see modi kissing Putin's ass for cheap oil to support his unemployed people and the streets full of trash. Let me know if you want me to cry more.... 😂
@@danhtran6401 Cry.........
It feels good to have back on the vantage again, Palki.
The anchor's ability to break down complex concepts and make them accessible to the common person is remarkable. It is not easy to simplify intricate economic matters, but she did it with clarity and precision. Thank you for posting this video @ Firstpost!
Who wins? Great breakdown
ruclips.net/video/IPWKjrV2lew/видео.html
She reads the news not write it..
We have two brand new shows for you to check out.
Flashback with Palki Sharma:
ruclips.net/p/PLEVkQGIATCXLJLVyPJAAUuIEUbdkyZiEq
Between the lines with Palki Sharma:
ruclips.net/p/PLEVkQGIATCXLZqGVWVzA7p3QOhkZ545gK
Thanks to 🇷🇺Russia from 🇮🇳! World order has started change.
where is june 1 episode? i can't find it
💥 17056 💥 a1
🧡 Palki Sharma Upadhyay
🧡 Tigress of India
Palki~, (?) RU only do'ng O-N-E show a Wk now!
we want : "Tigress of India" merch~
Yachid Yada Meir Zara
@ Rosquin Empire: Umm El Madayan
@@gcc4426 I’m looking too.
Truthful Reporting.Thanks Palki🙂
My name is SELVEN, from Malaysia, I admire Miss Palki Sharma, the way she comments the news, very precise and concise and the tone of her voice in the english language is not tainted with the indian accent. You are truly the Professional News Commentator. Keep up the good job.May Lord Krsna bless you. Thank You.
Tainted with Indian accent? Damn that's harsh bro🥲🥲🥲 Why people hate Indian accents
I was going to say the same thing
It’s ok - he is from Malaysia - English might not be perfect
I would have said - “ without the spice of the Indian accent “ or something like that
But ….. is there one Indian accent ?????
A Tamilian speaking English still sounds somewhat Tamilian ..
And I speak English in Haryanvi and my friend definitely speaks English in a very Bengali accent
@@Sail-and-Fly-with-ExCeL I think it's beautiful to have different accents. It adds that uniqueness.. you can pretty much recognise a person from the accent they use. Also isn't the whole point of using a language is to be able to communicate? People are way too obsessed about accents than the ability to use a language properly instead.
English is still english
the dollar needs to be ditched. The USA gov has abused the privilege for long enough
America created the global financial system. Russia was not capable, China and India was dirt poor. America built China and India economy with technology and trade.
Go for BRICS+ and dedollarization in the world! This will be the best for many countries.
They have been talking about for many years now but what's the change?
Brics is legit as a brick 😂
@@bvssrsguntur6338 There will be change and it will not be beneficial. India will suffer the most. 1.4 Billion that need to be fed, clothed, employed and secured. A currency change of this magnitude may destroy everything.
Lol. Chinese bot
@@bvssrsguntur6338 Iraq and libya were weakend by the United Sanctions Of America where is the rest who wants an end to US$$$ have become stronger 😂😂😅😅😅
Forigeners love palki's news coverage
Love from Kenya
Well, Indians do too
Your dead right I do! From Australia
This impeccably presented news report, skillfully anchored by the captivating and articulate Palki Sharma, epitomizes a remarkable fusion of brilliance and lucidity. It encapsulates a profound and universally pertinent lesson, surpassing national boundaries to captivate an international viewership. With scrupulous scrutiny and assessment, it exclusively delves into the most significant aspects currently under discussion. From the Philippines with Love 😍 ❤
We are proud of you and you channel. Your news analysis is second to none.
That’s not a news channel. News are supposed to be on biased what news are meant for is on providing current information not sharing their personal opinion on different subjects that’s not journalism.
And it’s like she has a little resentment to the United States and western society in general. I mean she really believes, and she will be a real happy in the United States was not the leading nation, but I have good news for everybody that’s never going to happen not tomorrow, not next week, not next year, not ever. The United States of America will prevail as it has shown time and time again so who ever is having these thoughts tell me remind you that I’m only going to be in your dreams, so good luck
Palki Sharma is so beautiful and for most parts I agree with Firstpost but not all, I still listen because we the people need to know all sides of issues not just one side. thank you
It's the first time she hasn't bashed China. Must be a miracle, or she reprimanded.
@@ozwiz935 😂😂
West people trying to listen the other side side is....Pallki's win
That's the purpose of Palki ! To create a discourse 👐🏻
And another fact - India itself is not supporting de-dollarisation 😅
You work for 40yrs to have $1M in your
retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.....
You are right, to be a successful person in life require him or her of hard work and time
The thing about been successful is working toward it and not going the other way round
You are right. Been thinking of going into gold and cyptocurrency.
It's obvious everyone is doing this online Investment
@@ademusiaka7198 I totally agree with you it has been an eye-opening experience for a lot of people.
The best decision I ever made in my life was investing in financial market. Trust me guys, it pays!😊
You're right 👍
I bought Bitcoin and Ethereum August last year and I made 6grand into half a million after taxes. Now I took that half a milli.. basically made me more money than 35yrs in granding within 6 months. That's digital currency
@michealbrooks9366I've been trading with Mrs Sarah for a long while now she's really amazing and trustworthy she has the skill level of trade always winning with her trading platform
She's really amazing with her skills..she changed my 0.5btc to 2.1btc
@@martinvaisman8578 Great!! Is to know you are making progress Keep it up😊
Tanzania is trading with India in local currencies not in dollar anymore😃😃😃😃
Those who came up with BRICS currency were smart.
Best plan would be 7 currencies for 7 continents so that the economy would have a balance. Otherwise countries with less export and more import will be at disadvantage as their currency value will decrease significantly. So its better if North America used dollars, south America used SA dollars, asian countries using RICJ, Australia using Australian currency etc. This will help to maintain peace in neighbouring countries as well as a sense of unity between continents regarding economy and defence.
A new demarcation called Seven Financial continents should be decided. Namely Asia, Africa, Australia, Europe, Middle-east, North America,South America
You comics just run with the hype
It's not that easy
What will antartica do with their Currency Penguina will buy fishes😂😂
Why excluding Africa?… Anyways, the plan will never happen 😂😂
I totally agree , but don't understand why that crnt be done, is it just to simplify??
Excellent report, and Palki does such a good job explaining everything. Good background on Bretton Woods.
Palki the specialist dissecting the news!
Good to have Palki Sharma back. I follow Firstport because of her.
Same
This is a old video that they reposted I seen this video months ago she's not back
Firstpost reposts all their old videos because they're trying to get more views they're trying to compete with the network that she came from but there is just no competition in comparing the two 🤷🏽♂️ majority of their videos are old videos they just repost them
As per the sources BRICS have discussed the possibility of creating a joint currency reserve pool to reduce their dependence on the US dollar for international trade. However, they have not yet taken any concrete steps towards replacing the US dollar as the global reserve currency. While the idea of creating a new reserve currency has been discussed i.e it's not yet clear if or when it will be implemented. The US dollar remains the dominant global reserve currency, and any changes to the current system would require significant coordination and agreement among multiple countries. Thankyou 🙏
When you take a step back and look at life, you may see that it is both scary and intriguing. I'm delighted to have you with me. Working with a financial advisor may help you achieve success in life. While others were complaining about the recession, I was busy cashing out my holdings, eventually earning more than $370,000 in only the first quarter. I'm glad I was able to contact my coach, Joseph Sullivan Anderson, early in the season.
True, I started investing prior to the pandemic and made a profit of around $550k that same year with no prior investing experience; essentially, all I was doing was seeking guidance from my coach Joseph Sullivan Anderson, who's a guru in the game; you can be passively involved with the help of a professional.
I had to research him to find out more.I sent him a message after visiting his website and anticipate getting a reply from him shortly.
Your suggestions are much appreciated. Your coach was simple to locate internet. I did some research on him before we scheduled our phone chat. His online résumé conveys the idea that he is qualified.
Joseph Sullivan Anderson has changed my life; he is great, and ever since I met him, my life has taken a good turn as a result of the passive income provided by his skills and ideas, which are critical for succeeding against all odds in this field of investment.,. has assisted us in paying off debt and saving for retirement.
EURO is successful BRICS too must issue common currency so to minimise the dependency on US dollar
The thing with the Euro is that...the EU still trades with the USD along side the Euro.
Finally Palki Sharma is back 😍
You are a very good news reporter. You speak with conviction. You ask and answer. In the end the listener remain with no question.
Interesting information. This does not take into account the SWIFT payment system. This is not individual agreements between individual countries but millions of banks around the world.
If used Dollar, SWIFT is useful. UPI or any other payment system can be easily deployed with in the banks, who want to trade with BRICS 😊
Swift is altogether bypassed. Alternative to it is UPI
In the intro she missed the most important development, President Nixan took the Dollar out of Gold standard. Then US had an agreement with GCC countries to sell their oil in Dollar. Keeping the reserve status artificially by military might.
Who make the research for Palki???
Palki, you are supposed to be a teacher. I feel enlightened whenever I listen to you.
What did Americans think? Did they really think they could just infinitely print dollar and use it worldwide? Dollar will crash eventually, it is inevitable. People all over the world are sick of being under control.
Americans did not "think" anything. These decisions are made by a small handful of experts at the top.
And the experts are waayy smarter than you. The U.S. dollar has been off of the gold standard for fifty years and has not crashed. So show us your proof that it "must crash eventually."
Reality is that the average American doesn't care about all these because they are so used of comfortable and luxurious life. They don't really care what's happening around the world especially "GEN Z" whom are future of the USA.
if america cant control you with dollar, they will just change your regime and put a puppet like germany and japan.
Dedolarization? This unbelieving Iraninan, Ethiopian, Palestinian decendant must not know this a move for the Mark of the beast. Then they say I don't believe in the Bible but this is coming and then they say oh Allah didn't tell us this. Oh the Koran didn't say that... duhhh you unbelieving fools it true the word of God! Destruction to Egypt, Famine, desolation, Earthquakes. My God what does it take for these ppl to see!
That will not be changing for a long time, just learn to live with it, sorry but you were not born America.
Oh nice of you palki to be back again.missed you.i liked your way of delivering any world issues.
Good for the BRICS Nations!
the problem with dollar is that they take everything for granted and impose many ideologies which they think are right onto other countries, if not they put sanctions.
This power gave them the authority to decide what is what.
This has to be changed.
Great explanation on Brics 🎉 interesting news article
Wonderful Ms. PALKI MAM
Malaysia-Indonesia-Thailand have agreed to trade using local currency settlement since 2018
The BRICS would do well to feature mutual recognition of member currencies for trading AND use of gold, silver, or rare Earth contracts as insurance. Rather than a common currency, a common BRICS Treaty where exchange rates are set in stone among the members for a period of 3 years. The exchange rate shall also include Escrow accounts where trades are insured against loss by putting up gold, silver, or rare earths in the contract.
China sell finished goods to Brazil and Brazil pays for it in Brazilian Real. But, Brazil also puts up gold, silver, or something else that China would accept as Escrow until the payment is made and the goods delivered. Once the finished goods arrive in Brazil and are accounted for, the Escrow is closed.
China can then treat the Brazilian Real as "Store Credit" to buy from Brazil, or use the Yuan to buy from Brazil. The Yuan is stronger than the Real so, China may not have to put up as much gold as trade insurance.
USA 🇺🇸 News will not talk about this.
Usa is not qualified for a democratic country.. 😂😂😂
Jews have 100% control over our news media and every other form of mass media for that matter. Jews openly BRAG about how they totally control Western media so, there's no denial and all the shaming language doesn't negate the truth of the matter.
US is crumbling right now...
Because it’s BS
That is because it is not interesting to an American.
Palki ji app great ho, we feel proud that we have such brilliant Reporter.
with love Palki from South Africa, I first started following you this year 2023
Love your voice Palki.. I hear you to learn storytelling ❤❤❤❤
Its about time, each countries currencies are equally important, no one country should control. But i would think the us need a war to stop this, as shown in recent history.
To fund next war, USA has to sell itself 😂
@@prabhakar0076 😂👍
Russia just started a war and claims they will soon use nuclear weapons.
We are good! 😎👍🇺🇸 ✝️
5:52 May 2023: 🇮🇳 India and 🇷🇺 Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep rupees in its coffers.
This would be a major setback for Indian importers of cheap oil and coal from Russia who were awaiting a permanent rupee payment mechanism to help lower currency conversion costs.
I missed you Palki. 😢
Thank you presenting.
We need alternate currencies, as of now there is much economic polarisation.
To counter Dollar, barter Trade may be the another option
Huh you comics think it is so easy
What are we in ?? 1000 BC😂
Yes it will be great if done in a mutual way by preplanning the things Country wanted in a year.
@@VK-pg6pi He is probably from Pakistan. 😂😂
Syeed Lutfullah Digital currency for trade and pegged currency model for local use will be in place in India and other nations as well including America. Outcome is no more mindless printing of dollars out of thin air (or no more free lunch for western nations) which can put an end to lot of things from freebies to radicalization of Islam/funding for missionaries to spread Christianity.
Excellent news channel. Truth is very rare. And First Post is the truth channel..
I do appreciate your analysis. It is very educational
We pay fee for using the dollar, no wonder US never gets bankcrupt....
we are bankrupt, we are sleeping through the corruption at the moment...shhh
Palki should get the like “guess what”, “you see” patented on her name… it’s like real story begins here…
Just like dr.Jaishankar use the word LOOK often 😂
@@heavenscent1614 And "Ah mean" :) These could be possible merch ideas
Great call
Great Analysis 🎉
Great news 🙌🏿
We should start barter trade 😂😂 .soon you'll realize that the dragon is more manipulative than USA.
many other countries will join BRICS, probably the European Union may fall apart, but BRICS really offers incredible opportunitiesThis event, by the way, was predicted more than 30 years ago
What are you?
The brick salesman? 🧱
Brics is a third world aliance lmfao...
Lol, EU falling apart? They got more corporation and business around the world than third world countries. Goodluck 😂
@@Matthew_Loutner are you jealous of BRICK you western and USA hypocrisy people will appear in every indian and asian channel to show your domain 😂😂😂. You people are changing gender first slove. your problems yho😂😂
@@Matthew_Loutner I don't know one think per day you guys as labours in your country can earn 7 dollar but fighting against your government for more salary. Sadly in our countries as a labour we can earn only 1 dollar we just want to change that but you white supremacy people don't allow asians and indians to do that huh 😡 and you don't allow us in your country to work reason maybe you guy stealing our job lol why do they give jobs to asians and Indian because we came from a place were hard work is the only survival to live you just work 8 hours per a day and earn 7 dollars we work 11hours per day and we just 😅earn just 1 dollars is it fair huh
Mam you are awesome and your explanation is ultimate to understand the content.
Damn what a simplified explanation and well presented piece of article …. Bravo from ur neighbours 🇵🇰
How is begging going
You are going to Hell 🌅 for cussing.
@@TheAbinn have some decency
@@TheAbinn b0sedk thodi tameez sikh
Every dog has its day. Need I say more ?
some dog is dying
Only if previous dogs diminishes 😂😂😂
Bye
@@prabhakar0076 Previous dogs are on death bed 🤣🤣
Jackey Ramirez Yeah. it also means, no more freebies Jose. Not anymore. Run back to your home country and do farming or stay in America because it may need cheap labor since manufacturing jobs are gong to come back. It is the reason why America is allowing illegal immigrants to stay in 4 star hotels across the US to use them as cheap labor later.
Thank you for the news updates. Appreciate your broadcast easy to understand
Awesome assessment of economy ! Amazing palki ❤️🌸🤘
Best journalist I ever seen
When everything runs on one thing in the world Money 💰🤑
When that shakes everything shakes
Alternative is required like gold 🪙 or something
USA & dollars 💵 needs alternative
Money is precious but now Chinese yuan is required
Firstpost secure 1 million Subscribers because of Palki Sharma
Building back a better world BRIC by BRIC!
Matthew 24
6 You will hear of wars and rumors of wars, but see to it that you are not alarmed. Such things must happen, but the end is still to come. 7 Nation will rise against nation, and kingdom against kingdom. There will be famines and earthquakes in various places. 8 All these are the beginning of birth pains.
If US needs oil or anything... it just prints USD... it can print as much as it wants as it is not backed by gold and inflation will be distributed across countries...
They print money like never before in history. I've never seen a country that printed money like USA
Inflation is normal.
@@siohonelson9078 You are a complete idiot speaking without knowing.
If I ask you now, you could not tell me the exact amount of money the United States printed last month.
America is self reliant
America who Created the modern world 🇺🇸
Well done BRICS
We are entering in new era of competing currency until one currency again captures the big share , similar to what jio did in telecom sector
Finally she's back must of been on vacation
go BRICS !!!!!!!
Shits going nowhere
@@lordschild673 like you 👍
@@kasil7539 I’m doing fine, I’m young healthy and I live great… Don’t get mad at me because your hopes of the American downfall is getting laughed at and rightfully so…
@@lordschild673 go and see doctor pls
@@lordschild673 See doctor pls
PaLki, much love from Zambia to you! I love the way you voice projects the selfi confidence from deep inside of you! You are indeed an International journalist💪❤️❤️❤️❤️
Highly supported 🙏🕯️🙏. As I think the world and nations as one and equal, there shouldn't be any super dominant power. Should confront ourselves on eyelevel in each & every aspect of life 🙏🕯️🙏. Then growth of mankind can be possible. 🙏💮🙏
We support brics. Nigeria will join soon
Huh all these 3 world countries looking a way out
@@noelbartley1084 Shoulddn't they?
@@Super-og1ph 3rd world countries can't do things on their seeking basically handout
You don't speak for Nigeria
There is not anything stopping from doing business in any currency as long as any two countries agrees to do so . Only problem is those countries do not have faith in each others currencies . India and Russia tried and it fell apart in few months . China and Russia had similar failure . The problem with India was that Russia was holding too many Rupees that was useless currency for Russia . There are very good reasons why USD is most preferred currency and it has nothing to do with US government . None of the BRICS countries have attributes that USD has and that is why USD will likely be most dominant currency for many decades to come .
wow those sand dunes are like mountains
Crisp and Clear facts sharing, that's why I am here
I miss you a lot
You’re welcome
Very good lesson
Good work INDIA! Much love from Serbia
God Bless USA....
... the Empire of lies
@@RustedCroaker the Emperor of the world...
Wel de dollarisation is good.
What alternative??
Yuan??
Its better to have dollar than yuan
Please update your records. Currently, Brics GDP is almost 32% of the global economy, and the G7 has only 30% of the global economy. Therefore, BRICS is the biggest economic block in the world now.
You said the truth.
Sharma I respect and value your awareness,teaching or revealing ability,there's something hidden with the word currency, pray about it,sharma,Matthew 7:7 may reveal amen.
Full support for the BRICS..
Only problem is the US will only take Dollars as payment for all it's high tech items. Like Cell phones, computers & things like that. So you would have a choice either have a shitty phone that breaks 24/7 or pay in dollars.