BRICS is Going to Destroy the US Dollar (De-dollarization): Here's How
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- Опубликовано: 14 июн 2024
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More than 40 countries have expressed their interest in joining BRICS, with this number steadily increasing over time, according to an interview by Grigory Karasin, a senior Russian politician on April 16th, 2024. Karasin emphasized the attractiveness of BRICS' flexible cooperation model, citing the ongoing rise in potential member nations as evidence.
Following the recent addition of new members-Saudi Arabia, Iran, the United Arab Emirates, Egypt, and Ethiopia-the total GDP (PPP) of the BRICS bloc is approximately $58.5 trillion USD. This enhanced economic size underscores the bloc's growing influence in global economic affairs.
The expanded BRICS now aims to be a more inclusive representation of the Global South and is positioning itself to have greater influence in global economic and political affairs.
Well it's time for the BRICS- New World Order to come up with a default reserve currency or simply go back to gold as the reserve. It will be too chaotic for each country to trade in their respective currencies with the daily change in exchange rates.
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I love and respect you our AFRICAN queen. Thank you for deciding to come and join us here in our mutually owned continent. Africa is for all of us the melanated ones.
我相信她是個住在非洲的美國人...
She's American I think.
Anybody that thinks anything is untouchable never comprehended history properly. It will take a tumble now how bad of a tumble will depend on what the leaders in the U.S. decide to do. I am concerned with what I am seeing already. We will definitely watch how this all plays out. Right now, Brics has a common goal, but once that happens, two giants don't get along for long. I remember listening to an economist long ago, and he stated the big three will rise, which are China, India, and Africa. To me, China is playing the long game and ensuring many countries are in debt to them. They are buying up everything they can around the world, plus working on their generational poverty citizens to ensure they do not stay in poverty any longer. That is me looking at things from a business lense and understanding structure and strategy. Now for me personally I'm more interested in countries that citizens collectively care about each other(not a mindset of taking each other out), real food without the fake ingredients, less violence, decent cost of living, healthcare that is cost efficient or universal Healthcare etc. The U.S. doesnt have any of the basics I mentioned, but Im not sold heavily on where im moving as of yet. I am making some serious movement this year, though. I can do business from anywhere if I decide to stay in that lane. I may become more of a nomad and garden person and business on occasion. Ill say this the only constant is change. Empathy goes out to all the U S. citizens that are unaware of what is going on. You said it right the U.s. only shows the bad in other places and that is to keep a certain branding, gas lighting, and training subconscious mindset. This is why many be so shocked when they leave and realize many countries don't even dare allow half the things U.S. allow to occur to its citizens. No country is perfect and all have problems but it is some structural basics I'm expecting now that I understand the world more.
I’m currently still in America. I have about six years before I can leave. Take heed to her message, she’s absolutely correct
I don't believe you have 6 years wait that long. Revelation 18 tells us to flee Babylon-America or else you will partake of her plagues. Things have already started to break down, when elections come in November it will get way worse. Try to leave ASAP!
I’m in the same mindset as you. In six years (2030 to be exact) I’m out of Amerikkka!
You don't have that much time
@@R24456 that is my concern
@rashidabdul-salaam9090 my family and I are relocating this year, and we don't have everything ready yet. we are just making sure to have our money in the local bank of the country where we are moving in to just in case the $ crash my family are going to leave in 2 months and I'll be going after them before the election. Whatever you have to do, do it now, sister/brother
Africa needs to (and can) have its own strength separate from others. History shows this.
Africa should not scare about being embargo by the USA. Why? The USA allies' assets in the world are more then the world assets in the USA allies. I don't think the USA has guts to freeze or embargo all 200 countries assets in the world.
Right!
ABSOLUTELY ALL THE POWER IS FROM US
I surely can. However, it must remove its courtier class who sells its people out for mere pittance...
One more issue, UNTIL Africa works together, they can never been seen as a true economic threat or power. if the continent stopped allowing itself to be divided and controlled and conconquer, by Russia, USA and china. they could be the worlds strongest economic power with a plan and vision!!!
HEAVY ON THIS!! Honestly I think African Americans and maybe Caribbeans the only ones that can help our mother land with that. We can bring in our knowledge, resources, perspective and fresh mindset.
Lol you are just proving her point on the lack of Geopolitics knowledge. Do you really think billions of people in Africa with the majority of young people can't think and only needs your brains for Africa to work. Do a little research on how Political leaders who were fighting for Africa's unity and economy got assassinated. Research about African leaders who refused to implement covid rules ( lock down and refused vaccines) how they mysteriously died . The West and European are still colonizing Africa and depleting its resources. The west is feeding on Africa ..without Africa the West is nothing hence they don't want to just leave Africa alone. Side Note ......Brics is not about Africa..so you are totally out of topic .
You can’t bring over a billion people like that together. You have to have economic zone
@@magnus08f250 Yeah, they are already colonized across most the continent. The white man will not let these countries & their resources go without a fight. There would definitely be war as a result from it.
Africa and her Afro's across the globe have the same problem. They are selfish and lack confidence in their race.
I've lost 2 fortunes trying to settle in Ghana. I'm done, and I can't afford to live in the US.
Hello, Jamaica, Cuba, or South America etc. I wish I could get family to come with me but they are to afraid of living abroad.
My plans are to get to a country and exchange my fiat into a dollar that can buy the BRICS dollar when stuff goes inevitably south against the US.
They did this to themselves. Why should I go down with them? She used and abused me and my people.
Trickle down never got as low as us. I forced to leave but it's all good. At least I can eat real food home grown and fresh on my tiny SSI.
Love y'all. I'm your OG!!! 73 yr old grandpa 😅😂 👍🏾
If people can't see that the usd Is going down....they can't see nothing!!! That's why everything is so expensive, the value of the usd is so low it takes so much more to get so much less.
They see it. They just DON'T WANT TO SEE IT.
Beautifully said 🙏🏾
I say as long as they have the world reserve currency they can print it to infinity and the demand will remain. I think the devaluation of the dollar is used to expand the economy. For example houses get more expensive and so does everything else. At the same time exchange rates are not adjusted so they get double enriched as they can buy more with inflated value money.
Can you say, "boiling frogs?" 🤣🤣🤣
Yes the US economy is in a recession but the Chinese economy is on the verge of a depression and when that happens brics is going to drop like a rock.
Nigeria (Africa's biggest economy) and Indian just signed to trade without dollars today. The market drop was crazy. Hoping to see Ghana and Kenya at the dedollarization table soon. US imposed 16,000 on Russia and their economy grew by over 3%.
What are your thoughts about Burkina Faso, Mali and others joining the revolt against Western Powers. I think they are doing well for themselves.
These three countries need better logistic connection, roads, railway and a port.
Either connect to Senegal, or break thru to ocean from Southern border countries.
Then it will be a win-win situation for West Africa.
Welcome to South Africa sister, you and your family. Hoping to welcome more of our people in the diaspora landing on the continent, even from within the continent. We will make it, the young leaders of the Sahel region are revolutionizing our political sphere, bringing in independent thinking as oppose to the old guard, agents of the supremists west. WE WILL MAKE IT TOGETHER 💪🏽😊
I appreciated your video. Life in the US is getting tougher by the minute. I am an immigrant, came here as a child. I never felt welcomed, but my family is here so I stayed. Now in my old age I want to flee, but my husband will never leave. I will live vicariously through people like you with courage... till I get mine.
And that’s the problem… y’all flee instead of standing ten toes down. Y’all enjoy the labor and rights AA died for but REFUSE to maintain the work they did - instead y’all complain, talk about fleeing (y’all never really do especially if you’re getting a retirement/pension), and stay quiet when people from you’re ethnic/cultural background work against AA.
Left the US more than 20 years ago back to the ASEAN region after two decades. That was the best decision I've ever made in my entire life. I'm now living a pretty decent lifestyle, much less stressful than in the States; low crime rate, affordable living and healthcare.❤❤❤🇲🇾✌️
As an Indian I see African continent has huge potential it need to explore very very important and wanted.
One thing about Africa is that the potential for instability, don’t take that lightly. Another thing Africans are good at talking about is Colonialism, what do they think BRICS is all about? Naïveté will get them in a much worse situation, falling for BRICS is like falling over a cliff.
@subrataroy9226, well said!
@@fnyackI don’t know if you are just ignorant of what Europe, especially Western Europe from the time of the Roman Empire, through the centuries of colonialism has done to the African continent and people. The exploitation, enslavement, murder and neocolonialism still perpetrated by France. Please, go and read what France has been doing to its so called,former colonies. Today, African states are joining alliances to get out of your Western hypocrisy and wickedness. NATO attacked Iraq and Libya. Those countries are still suffering today because of your western wicked aggression. Look at South America. All the countries are ruled by descendants of Europeans and all the high and middle class jobs are held by the same descendants of Europeans. The real indigenous people of South America are kept outside of the government and business ownership. NATO cannot go into Ukraine because it knows it will most likely lead to the end of Western civilization and NATO defeat. No BRICS country would ever join NATO to fight against Russia or China. There is a new sheriff in town.
@@fnyackThen stay where you are, africa doesn't need you but know every empire falls its biblical and Africa is on the rise as the choosen people of GOD, continent is blessed you even typing on item of africas resource, you want us to forget about colonization and not talk about?
@@fnyackWhat else could be worse than being colonized, exploited and enslaved for centuries?
I’m glad you’re covering this topic - you’re the first person who I’ve learned about this from. I’m African American and I think that BRICS is a good thing. I don’t think the goal is to necessarily crush the dollar, but rather create a more just world, and balance the global powers. I’m glad all of these countries, many of them unable to really leverage their resources are coming together to do so and I think this is going to help a lot of places that aren’t doing well in terms of development so it’s good. The US uses its sanctions to control global politics and it benefits financially from the dollar being the default. It got in that position (global leader) because at one time it was a lead global manufacturer and very stable, and I think China has recently surpassed us in manufacturing. But the USs lead is waning and it’s been involved in so many questionable things. But it’s been almost a century. So as the dollar does weaken, I’m hopeful the US can find other ways to maintain a certain degree of agency, while the world powers balance out and we head to a more multi polar global society. I see a major shift in the next few decades because BRICS+ still has kinks to iron out. I don’t think the US is going to crash and burn as some people are speculating. Our country is surely in decline but we do well in things like innovation, technology - even the arts. We have plenty of issues but we not going anywhere anytime soon. As for African Americans who live here, we’ve had to weather storms since before our country was a country and we are fully equipped for whatever comes our way. But I’ve been thinking a lot about BRICS recently and I’m glad it’s happening.
What the American media is not tell u is why and many people are not prepared for the coming financial crisis, but let me give u a hint, if the U S touch's the Russian reserves and use it to fight them that will not only speed up the fall of the dollar but it will be the final nail in the coffin, and the U.S.has been very reckless when it comes to spending and debt, which the rest of the world has to pay for. So it's no longer about seeking an alternative but it's necessary.
@@theoolyn282I’m not buying into the fear mongering. I have been getting my info from US media as well as a variety of different global sources. I did that because some sources are so biased that it’s hard to tell what is emotion and what’s fact. What I stated above is what I know based on living in the US and experiencing it all, the good and not so good as well as listening to different viewpoints and perspectives on the subject of BRICS from around the world and then my own analysis of the situation. I respect everyone’s right to their views - but I don’t do doom & gloom or fear mongering. We don’t know what the US is going to do with Russia in the future, so I’m not going to speculate on that. But I do know that the US is creative and innovative and as the power shifts and balances out, I can see the US creatively finding a way to stay afloat. It will no longer have its influence around the world, but maybe for once it can focus more on its own citizens. With all that said, I think the concept of BRICS is a great one and I look forward to seeing these countries progress and become more empowered.
@@ameenahameed8874If the BRICS manage to usher a BRICS currency or a basket of currencies backed by natural resources,what do you think will happen to the excess dollar held by the BRICS nations? Well we all know that everyone will try to buy goods and services from the US.
Soon the US will no longer be able to print and buy and export inflation worldwide.
1-As it is now the US national debt goes up by 1 Trillion every 100 days.
2- The birth rate in the US is below replacement levels. 1.66 children per woman.
3- 56% of American adults have less than $1000 for emergency spending.
4- The homelessness rate is increasing on a yearly basis.
5- At some point there will be either wars to wipe out the debt or the debt must be repaid to the central Banks.
At that point,you will own nothing and I am sure you won't be happy.
@@Thomas-ul6el NO!!!
@@Thomas-ul6el Well...I'm not going to call you a liar cause you talking bout something I haven't heard as far as capital inflow from other countries. However, I have heard about the U.S. continuing to print money to send to other countries to support wars, which inflates / devalues the USD. Lets not mention the fact that somebody (us, our kids, grand kids, great grands, etc.) got to pay for all that. Not only that, the BRICS situation is becoming more and more of a thing which is also decreasing the demand and value of the USD.
I just randomly came across your channel. You instantly radiate calmness and peacefulness. Subbed. ❤️
Thank you Ashley, that was an excellent basic description of the members of the BRICS alliance.
Good information, thanks!
Keep on your good works and shalom from Ethiopia.
Thank you sister..your updates and relative information are always appreciated. Keep on inspiring us . Our children deserve better than what they are experiencing living under the global parasites
Good I can't wait
Wasn't the USD supposed to collapse 10 years ago? Then 10 years before that? Then 10 years before that?
You will have to wait.. and wait.. and wait
This is excellent content thanks I will be following for now on
Love this channel so much info thats valuable 🔥🔥🔥
Love when you post content on the economy. Good stuff!
Glad you enjoy it!
@AshleyinAfrika Yeah the U.S. is doing it deliberately. Why do you think they're recklessly spending the way they are? Why do you think they're pushing the "green" agenda & "electric" cars? It's an agreed upon plan between the globalist. It's part of the New World Order. China, Russia, Iran, Israel, & the U.S. are all working together. It's complicated, & I can't say much, otherwise my comment will get removed. Look into the World Economic Forum & what they're up to.
One of the things that I really like about you, Ms. Ashley, is that you are very well versed on these subjects down to every little detail. I appreciate you very much.
Im not surprised the US is going down we knew this years ago ❤❤❤❤
me either
Well said🎉🎉🎉
Miss Ashley I just come across ur pages and I love . I'm a Jamaican and is following African new
Thank you 😊
Great stuff
Very interesting
Good video thanks
Best of luck to you and yours.
Thanks for your insights. Let's join together to let them now the future of finance and financial literacy. You go girl.
Totally agree with everything you said. As an older white woman, I am inspired by your courage and intellect. I am open minded and willing to learn from you. Keep the content coming.
For sure sister 👍🏽👌🏽
Excellent Breakdown for the Common Folks. Good Video message!
I'm impressed how you are broadening your topics. Proud of you Sis. But it's time for the ANC to go ... SA should be first world by this time. They've had 30 years and hold so many cards but don't know how to play them. I won't draw you into this but it's good to see you expanding your territory.
She is scared to criticise the anc lol
@@gibson2675 I don't think she's fearful, just takes a different approach. I'm political but most of my family agrees with me but wouldn't attach themselves publicly. They have different considerations.
@gibson2675, unlike what we are witnessing in the so called western democracies, nothing happens to you here for criticizing the ruling party...
@@MusehanaH ANC puppets may criticize her right here on the comments 😂😂😂 u know them very well.
Good afternoon sister, I just came cross your channel for the first time, interesting.
The Brics countries own lots of USD, why would they want to destroy it?
My view is they want to just minimise the US holdings of their USD so it can't be stolen like Russias 300 billion.
All things are possible.
Miss GORGEOUS
U r on top of things. U R right. Yes. Yes
I am all for it.
A weak dollar is just going to mean things will become way more expensive.
for americans
It means far, far more than that. Soon we will likely see the US become economically isolated from the globe. The store shelves will empty in weeks, if not days. Ultimately, we will likely see our corrupt government become insolvent as well.
Many of us have not only seen this coming, but have also prepared as best that each of us can. Silver stacked, gardens growing and plenty of lead.
The goal will be for the military to enact martial law. Why? Because tge military is mandated to return control to a civilian authority as quickly as possible.
How is this good? Because the mandate REQUIRES it be returned to a constitutional government under COMMON LAW, and NOT the statutory law that captured us when our government unlawfully corporatized in 1871. This will be the end of morality laws and victimless crimes. Common law says if there is no victim, there is no crime. Freedom awaits
Exactly 💯 we're experiencing it now. But the US Dollor is still to big to bring down because so much is wrapped up in it. I live in Phillipines parttime one us dollor is 57 Phillipine peso, once those pesos start going down then I will panic.
Just for America! That's why black you need to come back home, contribute to developing Africa your mother land!
I just found your channel now, I like it. Keep it up.
Lookin good n glowy, Miss Ashley ❤
i like your comments, your hair suits you well Ashley, more power to you
Yes you are right iv been following BRICS
The dollar collapsing would bring about a world wide economic depression for years. It would be catastrophic. Russia has nukes and they're very violent. China and India have terrible domestic policies and low human development levels. Brazil and South Africa are not likely to outperform the USA economically (example, regular power loss). Respectfully, my perspective as a white American who just found your content
China lifted 800 million people out of poverty since 1949. This is unpredented in human history. And China's 15 year olds top the OECD PISA ranking in science, maths and reading. And where do American 15 year olds rank ? I think you have a prejudiced view of this country.
I luv your illusions! Your patience should be impresive
FACTS!
New subscriber. 🥳🎉🇧🇷 BRICS bebê!
Hi Ashley. The tourism indaba is in Durban in 2 weeks time.❤
You’re beautiful. I love ya hair 🤎💫🖤😍 .. thanks for the info btw
America can use import substitution.
What do you mean by equating - Putin & Dictatorship.
Russia recently held elections, and Putin contested as an independent and won with absolute majority.
Please unpack your perspective, so that there is clarity of what are your considerations that informed that perspective.
I do not think he is a dictator at all either. The west is the king of manipulation and telling everyone what to think about others. The west are bullies. Russians are patriotic and Putin can not be bought or control so they label him a dictator.
Also india is self serving and want to over throw China all the time. Work on being a strong team instead of trying to be #1. They are influenced by the West so easily.
My thoughts also. President Putin just won an election against other candidates. I do like her coverage of life on the continent.
😒😒😒😒😒😒😒😒😒😒
Thanks Ashley ❤
Keep us posted and thank you
Thanks dear, very insightful!
I agree, the multi-polar world is here. An alternative to SWIFT and a BRICS currency, even at the international level, is still a ways off, but make no mistake about it, the uni-polar world has ended and we have embarked on. a new journey....
the diaspora's time is NOW! great video
Great content Ashley, keep it coming 👍🏿
I know of this a few years ago. I was supposed to move to chine 2018, but covid got hit at that time. So, I already invested in the Philippines.
Sure❤🎉
Sooner than later
Thanks for sharing.
Thank you queen ❤
You look like a queen 👸🏾 .
0:07 It sounds so beautiful. ❤😂
Praise God.
Hey Every super power fall in the end Read history 😮
I guess I will start converting some more USD to rand since I am getting ready to visit
Great presentation. Appreciate you…🔥💯😎👍🏾
I agree China is important, but that’s what you have India for.
Impossible dreams bow
🌹
Saudações do Brasil 🇧🇷
Well done, Ashley, very well versed in the subject of Brics.
Yup n we are in trouble
Unfortunately, it is not true Brasil is the 1sr country for Africa. There is a country called Haiti 95% of his population are Afro-descents.
I believe Bricks is definitely going to work
great video, please Ashley we need more content on brics, it is because of brics that i have suscribed to your channel.
Hi there Ashley awesome stuff here great information I found your channel only today and decided to subscribe to it looking forward to hearing more the USA 🇺🇸 is losing this power 😊😊😊😊😊😊😊
I wanted to see content I left a minute in due to victimhood rant. Thank you 🙏
Ashley, once again nice presentation about BRICS.
Thanks again!
Why you keep saying “core value of family”.. sounds like code for something. Kinda weird to use that phrase when you’re a single woman.
Can someone explain why is it good for developing countries?
Developing countries may have other loan alternatives and not have to rely on the IMF and Wold Bank loans used as traps with killer interest rates that force wealth transfers.
@@lilmbaye29 yeah but isn't it still safer than any other alternative with highly inflating currency? I mean matching your economy to the world's economy isn't better than to measure or link it to a third party country?
Any country can get a loan from China for example... But if you loan there currency directly I'm not sure if it's less risky than USD
Talk to dr ankit shah from india he has some great points regarding the same topic
Hi Miss Ashley, every time I hear you say that statement between minute one to minute 1: 19
My hope and resolve his renewed all over again.
Thank you so very much for sharing.
With love from here at the Homestead.
I'm glad to see that you have the vision I've been trying to tell our people here in the states to strategize now. I've suggested investing abroad or to even exchange currency now and save to convert to bric to hold spending power. 😊
Go BRICS! End the toilet paper $!
I'm in the USA STILL. I UNDERSTAND MOST DON'T.
If BRICS is tied to gold then people need to buy gold and exclusively trade in their currency to avoid inflation
Really? .... not so soon ????
How can someone coming to Africa convert or protect their earnings that may been made in the US? Are their international banks that someone can transfer their money into.
BOA
It will be great to see the USD go down but I'm skeptical of these BRICS people.
Always love listening to a smart woman i value u miss ash
What have you heard of Ripple and XRP over there in South Africa?
Brice is new power
How much money did they print over rhe last 4 years
About as much as the previous 4 before them
USD should be brought to fair value
I would like to humbly apologize about overeacting about one of the titles you posted saying cancel south africa visit, truly I did not even watch it but following title have been consistant to why I watch your positive vlogs.