The back-and-forth between Radhika and Kathleen regarding capital controls was revealing. Also the fact that Kathleen literally laughed when calling the IMF 'redistributive.' She knows the current system is piracy camoflaged in complexity.
To have no control as an absolute dogma is religion not science. How can you know that never and no where more or less capital controle can by an important tool?
Yes but unfortunately neither of them were always able to finish their train of thought due to all the mutual interjections...very interesting points from both of them and I really wish I could have heard all their thoughts in their entirety!!
The Australian government, Elitist Establishment Totalitariate Corporate will be opposed to a BRICS collective Group, but in favour of King Charles lll's World Economic Forum, and Rules-based New World Order!
How are there still monarchies on planet Earth? It's probably one of the many reasons why aliens refuse to contact us. We have CENTURIES of growing up to do.
That’s what happened when the US behaves like a mafia gangster and threatens other countries with its power and privileges all the time! It’s time for the American people to admit the faults and abuses of their country in order for it to improve instead of covering things up, deny, and lie for it all the time! That won’t do anything for their country except enable all of those mafia behaviors! Such as blocking people’s comments simply because the truth hurts and attacking people for sharing an opinion that isn’t rosy about the behaviors of your mafia country! Talking it out and admitting your country’s faults is the beginning process for a flawed country to heal itself.
They will need it. They will never survive Trump flooding the world market with cheaper oil in the next couple of years. So enjoy your dream while it lasts!
I love the West and the South...never did the West card about the South. The West always wanted to dominate the South. To keep the South poor to enrich the West. The world humanity is tired off enslavement by the West. It need to Stop . The West is use to have good lives earn good money to the cost off keeping world citizens poor and destabilize their countries to enrich the West. Shame on you!!!
Thank you Radhika, Kathleen and Ben, for this excellent discussion revealing as you do the pros, cons and difficulty involved in the BRICS progress toward establishing alternative forms of trade and payment and greater security from the now weaponised U.S. dominated forms. The major advantage of having a form of government such as the CPC guiding the BRICS process is that it is more purpose driven than the less stable U.S. profit driven form of governance.
You spoil us guys! I've digested a plethora of macroeconomic/markets oriented channels here on RUclips over the years and the only two that I can still stomach are you and Adam Taggart. You get the very best and spot on facts and ask thought provoking and unbiased questions that help listeners like myself better understand the complex forces driving our world today. More importantly, thank you for recommending Abby Joseph Cohen Services my investment portfolio with her has been quite sustaining
Thanks to them. Following their recommendation, I started researching into Abby Joseph Cohen Services. Thankfully it was a little over a year ago now, I started an lnvestment with Abby's Services and that allowed me to be on much MUCH more stable ground in the face of global financial upheaval. For what it's worth, it made a difference for me and my little family.
@SilhouetteMorganWell her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Abby Joseph Cohen Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Abby Joseph Cohen. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, she was able to scale this quickly to $150,000.
With financial and political mechanisms being established by key BRICS members, already circumventing Western institutions one is scared of what to do with his finances. The value of the dollar might fall in the nearest future and I am clueless about how the stocck market works. I really don't know what to do.
Acquiring the necessary skills and knowledge may appear straightforward from a distance, but it is, in fact, a significant undertaking. I strongly advise investing in one's education and preparation.
very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisorr, you can be passively involved with the aid of a professional.
*Right, I've been in constant touch with a fiinancial-analyst since covid . You know these days it's really easy to buy into trending stock`s, but the task is determining when to buy or sell . My advisorr decides entry and exit commands on my portfoliio, I've accrued over $550k from an initially stagnant reserve of $150K.
Absolutely! A seasoned fiinancial veteran can elevate your finances from humble beginnings to remarkable heights. They positively impacted my life and my daughter's.
It took me 3 years to stop trying to predict what's about to happen in the market based on charts studying because you never know. Please, i need the help of your Investment advisorr.
I am afraid that Kathleen is worried about the threat that BRICS is posing to the current System. On the Gold exchange which she stated that Russia, China and Dubai have at present, and in her opinion that these countries would not want more, betrays the fact that Russia and China want to greatly reduce the influence of the current dominant Commodity Exchanges, Comex and LBMA. BRICS basically wants a Commodity Exchange which reflects true supply and demand unlike the current ones where speculators and Big Western Financial Institutions dominate. It can be deduced that what BOTH Russia and China want in BRICS, is likely to happen, it's just a matter of time.
when having a western guest, it's natural for them to think better days ahead for the west. same with guest from global majority. it's human. time will tell which one will become a reality
@@moiramaine8986 Well she's not a communist or even socialist so it's not surprising; she's simply pointing out where things are wrong with the current system but she's not going to agree with leftist ideology otherwise, necessarily...still her insights were very helpful here and that's what's most important.
@@davidchou1675Who is having leftist ideology, definitely not china. Only Difference between US and China these days is that, US gives the illusion of a choice in its leaders & policies to its people
given that the only thing buyers are willing to buy from russia are natural resources and the current collapse of russian energy exports, nobody will want to accept rubles for the foreseeable future; it will be a cny trade disguised as "local currency"
What's disappointing is that she was involved with the repeal of Glass-Steagall and was fooled by the arguments about the wisdom of doing that back then. Some of these people who are so educated seem to have very wrong instincts.
Very interesting what Kathleen highlighted that the monetary policy methodology of China should be studied and replicated Also I love that China seeks stability, everyday I get inspired and filled with hope by what China is doing in the world ❤ Because capitalism fills you with rage daily and erodes hope minute by minute... Also another interesting point of hers is that money is not just money, but how it is applied in different economies and this diversification should also be studied Really really interesting, thanks for these insights! ❤
I am of the opinion that BRICS would confound the scepticism expressed by Kathleen, simply because their progress and survival depends on it and there is genuine desire for all involved, especially Russia and China, to slowly move away from the current system.
It's very interesting to hear the arguments from the other side. Would love you to have her again. It's always good to hear realistic news rather than over dramatization. As someone who is quiet ignorant about these topics, you are making it very easy for me to understand better.
I wish Brazil hadn’t vetoed Venezuela and Nicaragua - two countries under crippling illegal U.S. sanctions BRICS membership would have saved from - and India’s veto of Pakistan is myopic and reactionary, especially at a time Pakistani society is locked in a struggle between 200 million civilians and repressive neocolonialism managed by a few oligarchic families and the Pakistani military.
Thankyou for opening my eyes to the under currents of fiscal and commodities management and the strategic planning of countries , emerging African countries,loved it Thankyou
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts or advisors with experience since the 08' crash
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing in stocks is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience. If you're new to investing or don't have much time, it's best to get advice from an expert.
If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Understanding the direction of my Fiduciary-counselor *Tracy Britt Cool Consulting*
It seems that Kathleen is trying her best to shoot down anything that BRICS proposes that posed a threat to the Current System. If she had been at least critical of the short coming of the Current System on BRICS members wrt those proposals, it would prove that she had "her legs on both sides".
You people need to bring former central banker Kathleen Tyson on the show more often. She is a wealth of knowledge. It was a pleasure to hear her speak.
BRICS is not planning to total De-dollarization . BRICS will, however, use local currencies supported by gold, silver in percentage, eg. 40/60 in mutual tradings
So what about the many economically weak Countries with almost worthless currencies trade? They currently rely on the USD as a reserve FX. do they continue to use the UDS or does the BRICS power house offer an alternative, INTERESTING SITUATION.
@dustyrider244 so-called weak countries do not possess US treasury bonds ,maybe they have IMF loans, etc. As for them, their exports of any kinds, commodities, and gold will be used as the currency and exchange. Since 2023 no small countries buy reserve currency US$ anymore, many are converting US Treasury bonds to the gold . US will feel the pinch as the time goes by in 3 - 5 years . That's why the US desperately starting wars elsewhere .
@@TommyAlpha-gg3ig Correct! And there are also the countries which don’t even have a currency of their own; they use the dollar as their only currency and don’t even have a central bank: El Salvador, Ecuador, Panama, only to mention some. Yes, the weakening of the dollar power hegemony will continue to get harder and eventually dessappear, even in the so called 👉🏽“”weak countries””🧐
that weak country HAVE RESOURCES... resources for money (Yuan, Ruble, gold etc)... or just barter.... No need go through West system anymore thru dollar... @@dustyrider244
Wow! Thank you Drs Desai and Norton for correcting my perception of Kathleen Tyson. She was invited to a conversation on Neutrality Studies. I viewed from a bias. Thank you for inviting her to talk with you and us. Bancor is there I hope.
Fascinating Guest! Would love to hear her opinion AGAIN as BRICS implement more systems. ALSO ask her how the two "touch" each other as each system is implemented. How will HSBC manage these two markets???
@@prabhakar0076 OK. I'd like to have her confirm it too, and then still tell us how the two sets of Systems interact. I want to know in all arenas. That's more of an interest to me than the actual mechanism each sets up. Have a great day!
That’s what happened when the US behaves like a mafia gangster and threatens other countries with its power and privileges all the time! It’s time for the American people to admit the faults and abuses of their country in order for it to improve instead of covering things up, deny, and lie for it all the time! That won’t do anything for their country except enable all of those mafia behaviors! Such as blocking people’s comments simply because the truth hurts and attacking people for sharing an opinion that isn’t rosy about the behaviors of your mafia country! Talking it out and admitting your country’s faults is the beginning process for a flawed country to heal itself.
I'm convinced she wasn't the sole creator of the system, but her taking full credit for it is quite revealing. (Well, it is revealing for me, but not necessarily for you.)
She’s a bit insecure, trying to take personal credit for what was obviously a team effort, yet she is clearly an *insider* as Ben points out. She makes several good technical points, such as the legal jurisdiction of BRICS Clear. Her response to Ben’s comment that BRICS is not interested in dedollarizing non-BRICS capital market @24:00 is valid. China has no interest in exposing itself to the financial shenanigans of the speculators and grifters that comprise so much of financial “engineering”.
Very illuminating conversation, thank you ladies. I had been wondering about these sort of issues, even though I have little to no background, ever since BRICS came into my line of vision.
bric's not setting out to dedollarize. only want to trade in their currencies. see no reason to trade in usd. dedollarization is just a by-product of the intention to trade in own currencies.
And the way Trump is saying to increase tariffs by 100% on anyone who trades with any currency other than dollar, I doubt other countries will want to trade in dollar Anyway.
The G/E is a great channel, but these particular economy discussions are so revealing and intresting. This particular program with Kathleen and Ben included is the very best i have seen.
BricsClear could be housed in Singapore, which has strong financial capability and a reputation for low political corruption. It is also politically stable and not aligned w.r.t. Western or competing global political blocs.
I keep hearing about a potential BRICS currency to challenge the U.S. dollar. If it happens, it could change everything for investors. Has anyone planned for this?
I actually work with Kate Elizabeth Cressotti, and she’s been helping me understand the implications of a BRICS currency. She believes it’s a real possibility and has advised some specific strategies to prepare.
Kate Elizabeth Cressotti thinks a BRICS currency could reduce the dollar’s dominance, especially in emerging markets. To hedge against that, she’s suggested increasing my exposure to commodities and currencies from emerging markets.
Yes, absolutely. She mentioned that if the BRICS currency gains traction, it could weaken the dollar over time. That’s why she recommended a more diversified currency approach.
It's funny how the West complains. Too many Margaret pouring in the country to me. The markets are pouring in to England and America. Well, if you want migration to stop like this tlet, Africa, breeze and let these countries breathe and that's what they're doing. Whether you like it or not, the world is changing as they breeze and get better and become richer and take care. Of the people who pull out of poverty in those countries. There'll be no need for migrants pouring into Europe and America. In their thousands on boats anymore, khadafi himself said that. And I agree with him a 110%.
Certainly agree with your statement pal, except for the use of the demonym of “amerrrica”, 👈🏼for the mispronunciation of the continent’s name, and the NONE-involvement of ALL the countries on it🧐
Yes I always find it funny when the west complain about too many migrants when their government are trying everything they can to make developing countries remain poor
America, supported by colonial exploiters, had built a discriminatory exploitative system using their muscle power. In changed circumstances this system is crumbling. What we hear is the birth pangs of a more just and non domineering global system. BRICKS acts as the midwife of the emerging system.
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻was owning a loan of $493,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $18,000 and got my payout of m $230,800 every months,God bless Ms Evelyn Vera🇺🇸..
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Kathleen Tyson is extremely important in solving many of the future challenges and in educating individuals who will be engaged in the future global system development!!!
The US shows jealousy of Israel’s apartheid…but have no fear, hatred is on the rise against the innocence of humanity. The criminalization of what once was human rights is on its way.
Impressive video coverage watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around $87k in Bitcoin to a decent $246k... I'm especially grateful to Eugenia Eiland tactics and strategies.
This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate this.
Literally Just Found her website easily it was like the first thing that came up when I searched on her name and also her mail address I will surely touch bases with her to see what's the best step for me to take rn. Thanks for sharing really do appreciate
The beauty of Eugenia Eiland ’s approach is her dual focus: while she aggressively pursues profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.
This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate this.
I'm retired at 27, went from Grace to Grace. This video here reminds me of my transformation from a nobody to good home, honest wife and 35k biweekly and a good daughter full of love ❤
I raised 75k and Mary Elizabeth Webb is to be thanked. I got my self my dream car 🚗 just last weekend, My journey with her started after my best frie back from New York and saw me suffering in dept then told me about her and how to change my life through her. Mary Elizabeth Webb is the kind of person one needs is or her life! I got a home, a good wife, and a beautiful daughter. Note!:: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!!
BRICS wasn't decided over night, she explain it as if it were. Many financial experts have worked on the project for a while and there are far more green lights than the red. God bless the BRICS.
Tyson is the most deeply informed guest you’ve ever had on the show and certainly the most “inside/outside” expert in global finance (with the possible exception of Richard Werner). She makes some brilliant and rarely heard statements: “China has had near zero inflation for thirty years and no year with zero growth….China has hacked stability….and this is what it’s trying to spread [to the rest of the world]”. And her follow up comment on the split of HSBC is most interesting (HSBC was the object of a lawsuit by Ping An, one of its largest shareholders who wanted the bank broken into two pieces). Her observations on China’s evident preparations for war - and its stockpiling - are truly provocative. Her answers to Ben’s question at the end are simply dazzling in their expansiveness and her positive comments on progress in Asia and the Sahel are gratifying to learn. Radhika is very persuasive on capital controls. Please have her on again soon. And Professor Richard Werner.
The BRICS countries have not dedollarized. From what I see, they can only create an alternative system for using their own currencies, and this will not be able to de-dollarize the world... Therefore, while the BRICS countries are exploring alternatives to the US dollar, it's more accurate to say they are seeking to reduce dependence on the dollar rather than completely de-dollarize the world.
If two countries trade with each other and trust each other’s financial systems, what’s the point of getting US Dollars involved? They should only be concerned with US dollars when trading with the US 🤷♀️
I'm favoured only God knows how much I praise Him, 2021 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 30,000 dollars. Everyone thought I was delusional. Today, 1 receive 75,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams. God kept to his promises to and for me
Oil minersls and useful commodities in exchange for paper fiat currency or a few tsps on a keyboard in the Federal reserve building is a racket which America will no longer be allowed to pursue in the future.
Also, this channel being the only venue inviting such an expert on the topic tells you all you need to know about the media… This woman should be being interviewed left and right.
The dollar is literally being destroyed / debased / devalued. I just want my money to keep outgrowing the inflation rate. How do i invest about 250k i have parked in the bank and what strategies do i employ to make significant gains and stable cashflow?
You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
It's not JUST a East vs West issue. I live in the US and face sanctions myself with increased taxation and inflation. This is happening because EVERYONE EVERYWHERE has alternatives. Technology is no longer a US controlled thing on payments or value. Personally, I chose crypto as my hedge even though the volatility has me losing strength against the dollar. My strength comes from yields, which provides WHILE HOLDING IT in a DeFi dapp.
it will make Dollars will not be so dominant nor can it be used for sanctions. . The dollar will continue to be an important foreign currency . With BRICS many nations wount face bankcruptcy as their properties and assets instantly become of value and can raise money unlike before these countries must get the dollars sometime at high costs. Yes, BRICS will make all nations no more bankcrupt like using the dollars. All countries in the world should use BRICS
The back-and-forth between Radhika and Kathleen regarding capital controls was revealing. Also the fact that Kathleen literally laughed when calling the IMF 'redistributive.' She knows the current system is piracy camoflaged in complexity.
To have no control as an absolute dogma is religion not science. How can you know that never and no where more or less capital controle can by an important tool?
Yes I found this so repulsive honestly - bankers are such unserious grifters on a good day.
IMF - Rothschild Jewish mafia cartel hijacked the financial system!
It is time to end the piracy!!!!!!
Yes but unfortunately neither of them were always able to finish their train of thought due to all the mutual interjections...very interesting points from both of them and I really wish I could have heard all their thoughts in their entirety!!
@@davidchou1675 their thoughts aren’t unique - as much as I love Ben Norton his finance takes leave much to be desired
Thank you to everyone at Geopolitical Economy Report for your hard work and excellent reports and analysis.
🫵😇🤙
Isn't it amazing that a small group of people that slide different coloured beans on a abacus are considered prophets..?
The Australian media had full coverage of King Charles and finally I saw a brief piece on the Brics meetings.
Totally insane!
The Australian government, Elitist Establishment Totalitariate Corporate will be opposed to a BRICS collective Group, but in favour of King Charles lll's World Economic Forum, and Rules-based New World Order!
The old saying about "who rules you" rings true to this day.
How are there still monarchies on planet Earth? It's probably one of the many reasons why aliens refuse to contact us. We have CENTURIES of growing up to do.
Living in Oz is like living with the fairies...I know, I've done that...
Australias king live in UK 😂 lmao must be fun days in Australia.
What a great and expert deep dive into BRICS de-dollarization efforts. A real reality check !!
That’s what happened when the US behaves like a mafia gangster and threatens other countries with its power and privileges all the time! It’s time for the American people to admit the faults and abuses of their country in order for it to improve instead of covering things up, deny, and lie for it all the time! That won’t do anything for their country except enable all of those mafia behaviors! Such as blocking people’s comments simply because the truth hurts and attacking people for sharing an opinion that isn’t rosy about the behaviors of your mafia country! Talking it out and admitting your country’s faults is the beginning process for a flawed country to heal itself.
God Bless the Brics!!!
They’ll need it.
They will need it. They will never survive Trump flooding the world market with cheaper oil in the next couple of years. So enjoy your dream while it lasts!
This is one of the few channels on economics and global trade that can keep my attention for an hour or more… at 5am local time.😅
Nicely done!
Imagine I'm also now here at 04:34.
Literally watch every video you post now immediately.
Thank you for opening the Western eyes.
Ditto!
Here's 50 cents wumao 😀
@@joelturley4847 im not a wumao, i dont agree with the cultural genocide they are doing to the Xinjiang natives.
I love the West and the South...never did the West card about the South. The West always wanted to dominate the South. To keep the South poor to enrich the West. The world humanity is tired off enslavement by the West. It need to Stop . The West is use to have good lives earn good money to the cost off keeping world citizens poor and destabilize their countries to enrich the West. Shame on you!!!
@@joelturley4847
You are childish.
GO BRICS!!!
all nations should be equal, no hegemony
Meaning the BRICS way is the best and piecefull way, 👍👍👍❤️❤️❤️
This is the go to channel for learning about economic fundamentals and how they relate to international politics.
Thank you Radhika, Kathleen and Ben, for this excellent discussion revealing as you do the pros, cons and difficulty involved in the BRICS progress toward establishing alternative forms of trade and payment and greater security from the now weaponised U.S. dominated forms. The major advantage of having a form of government such as the CPC guiding the BRICS process is that it is more purpose driven than the less stable U.S. profit driven form of governance.
Thanks!
This is what I call a "true interview":
A Discussion!
Thank you all.
#LONGLIVERESISTANCE
A show that discussed the pros and cons of capital controls would be very informative.
You spoil us guys! I've digested a plethora of macroeconomic/markets oriented channels here on RUclips over the years and the only two that I can still stomach are you and Adam Taggart. You get the very best and spot on facts and ask thought provoking and unbiased questions that help listeners like myself better understand the complex forces driving our world today. More importantly, thank you for recommending Abby Joseph Cohen Services my investment portfolio with her has been quite sustaining
Thanks to them. Following their recommendation, I started researching into Abby Joseph Cohen Services. Thankfully it was a little over a year ago now, I started an lnvestment with Abby's Services and that allowed me to be on much MUCH more stable ground in the face of global financial upheaval. For what it's worth, it made a difference for me and my little family.
@SilhouetteMorganWell her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Abby Joseph Cohen Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
@@EmilyPateIThank you for this tip. I just looked the name up, wrote to her through her webpage and booked a session..
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Abby Joseph Cohen. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, she was able to scale this quickly to $150,000.
With financial and political mechanisms being established by key BRICS members, already circumventing Western institutions one is scared of what to do with his finances. The value of the dollar might fall in the nearest future and I am clueless about how the stocck market works. I really don't know what to do.
Acquiring the necessary skills and knowledge may appear straightforward from a distance, but it is, in fact, a significant undertaking. I strongly advise investing in one's education and preparation.
very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisorr, you can be passively involved with the aid of a professional.
*Right, I've been in constant touch with a fiinancial-analyst since covid . You know these days it's really easy to buy into trending stock`s, but the task is determining when to buy or sell . My advisorr decides entry and exit commands on my portfoliio, I've accrued over $550k from an initially stagnant reserve of $150K.
Absolutely! A seasoned fiinancial veteran can elevate your finances from humble beginnings to remarkable heights. They positively impacted my life and my daughter's.
It took me 3 years to stop trying to predict what's about to happen in the market based on charts studying because you never know. Please, i need the help of your Investment advisorr.
Rational and convincing arguments from Kathleen based on facts. Great guest 👏🏼👏🏼👏🏼
I am afraid that Kathleen is worried about the threat that BRICS is posing to the current System. On the Gold exchange which she stated that Russia, China and Dubai have at present, and in her opinion that these countries would not want more, betrays the fact that Russia and China want to greatly reduce the influence of the current dominant Commodity Exchanges, Comex and LBMA. BRICS basically wants a Commodity Exchange which reflects true supply and demand unlike the current ones where speculators and Big Western Financial Institutions dominate. It can be deduced that what BOTH Russia and China want in BRICS, is likely to happen, it's just a matter of time.
when having a western guest, it's natural for them to think better days ahead for the west. same with guest from global majority. it's human. time will tell which one will become a reality
@@moiramaine8986 Well she's not a communist or even socialist so it's not surprising; she's simply pointing out where things are wrong with the current system but she's not going to agree with leftist ideology otherwise, necessarily...still her insights were very helpful here and that's what's most important.
@@davidchou1675Who is having leftist ideology, definitely not china. Only Difference between US and China these days is that, US gives the illusion of a choice in its leaders & policies to its people
given that the only thing buyers are willing to buy from russia are natural resources and the current collapse of russian energy exports, nobody will want to accept rubles for the foreseeable future; it will be a cny trade disguised as "local currency"
given the collapse in russuan exports, it will be "whatever china wants", a cny trade disguised as "local currency"
Wow, this expert is magnificently informed. It was a real pleasure to listen to her.
Continuing to listen to her it's obvious how much of an insider she really is.
What's disappointing is that she was involved with the repeal of Glass-Steagall and was fooled by the arguments about the wisdom of doing that back then. Some of these people who are so educated seem to have very wrong instincts.
@@charlenek11 You are so correct. That's why I came back, after further investigating, and called her an insider.
Anyone speaking about the global economical state is a breath of fresh air. So sick of J. Yellen. 🙄
@@janetmalcolm3403Professor Wolff went to school with Yellen. He snickers when he mentions it.
Simply amazing . I watch this twice just to full me with hopes that i need to keep pushing through this difficult times.
Very interesting what Kathleen highlighted that the monetary policy methodology of China should be studied and replicated
Also I love that China seeks stability, everyday I get inspired and filled with hope by what China is doing in the world ❤
Because capitalism fills you with rage daily and erodes hope minute by minute...
Also another interesting point of hers is that money is not just money, but how it is applied in different economies and this diversification should also be studied
Really really interesting, thanks for these insights! ❤
I am of the opinion that BRICS would confound the scepticism expressed by Kathleen, simply because their progress and survival depends on it and there is genuine desire for all involved, especially Russia and China, to slowly move away from the current system.
"The most powerful Warriors are Time and Patience" Leo Tolstoy, Russian Author of War and Peace.
@@aneurindavies5943that’s beautiful
What did she actually say that was eyebrow raising? Anyone who can contribute to the repeal of Glass‑Steagall Act has to be full of Hubris
@@aneurindavies5943someone else banned in the west!😂
Good show that us novice audience members can begin to understand global financial concepts.
It's very interesting to hear the arguments from the other side. Would love you to have her again. It's always good to hear realistic news rather than over dramatization. As someone who is quiet ignorant about these topics, you are making it very easy for me to understand better.
I wish Brazil hadn’t vetoed Venezuela and Nicaragua - two countries under crippling illegal U.S. sanctions BRICS membership would have saved from - and India’s veto of Pakistan is myopic and reactionary, especially at a time Pakistani society is locked in a struggle between 200 million civilians and repressive neocolonialism managed by a few oligarchic families and the Pakistani military.
Lula needs to obey or else go back to prison..... that's why Brazil vetoed and will veto again and again.....
Agree ! Venezuela especially aught to be allowed in ASAP
Yeah Africa neo colonization is great too...I'm glad my country is planning to drop the dollar too.
Brazil can't be trusted is the Lula Judas of the Brics group ,he is a US poppet
Pakistan needs to stop its terrorist acts against India if they want to progress together. It has became an epicenter of terrorism
Thankyou for opening my eyes to the under currents of
fiscal and commodities management and the strategic planning of countries , emerging
African countries,loved it
Thankyou
Thanks for sharing the truth worldwide.
Buying Stocks or Gold are the absolute best hedges against hyperinflation.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts or advisors with experience since the 08' crash
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing in stocks is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience. If you're new to investing or don't have much time, it's best to get advice from an expert.
If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Understanding the direction of my Fiduciary-counselor *Tracy Britt Cool Consulting*
It seems that Kathleen is trying her best to shoot down anything that BRICS proposes that posed a threat to the Current System. If she had been at least critical of the short coming of the Current System on BRICS members wrt those proposals, it would prove that she had "her legs on both sides".
I'm glad I'm not the only one who feels that way. She seems quite self-defensive when it comes to that.
@@seafood_haterI mean, she says herself she had a hand in creating the current system, makes sense why she’d feel defensive about it
good luck brics. i wish you all the best and hope you can improve the future of the global south.
I love this channel. I get really good coverage of this issue. ❤
BRILLIANT - thank you so much for sharing & for hosting her
You people need to bring former central banker Kathleen Tyson on the show more often. She is a wealth of knowledge. It was a pleasure to hear her speak.
WOW! What a great show!
BRICS is not planning to total De-dollarization . BRICS will, however, use local currencies supported by gold, silver in percentage, eg. 40/60 in mutual tradings
So what about the many economically weak Countries with almost worthless currencies trade? They currently rely on the USD as a reserve FX. do they continue to use the UDS or does the BRICS power house offer an alternative, INTERESTING SITUATION.
@dustyrider244 so-called weak countries do not possess US treasury bonds ,maybe they have IMF loans, etc. As for them, their exports of any kinds, commodities, and gold will be used as the currency and exchange. Since 2023 no small countries buy reserve currency US$ anymore, many are converting US Treasury bonds to the gold . US will feel the pinch as the time goes by in 3 - 5 years . That's why the US desperately starting wars elsewhere .
@@TommyAlpha-gg3ig Correct! And there are also the countries which don’t even have a currency of their own; they use the dollar as their only currency and don’t even have a central bank: El Salvador, Ecuador, Panama, only to mention some. Yes, the weakening of the dollar power hegemony will continue to get harder and eventually dessappear, even in the so called 👉🏽“”weak countries””🧐
@@dustyrider244brics is providing just another system of payment to trade. It is not forcing it's members to abort other methods of payment.
that weak country HAVE RESOURCES... resources for money (Yuan, Ruble, gold etc)... or just barter.... No need go through West system anymore thru dollar... @@dustyrider244
Brilliant! Please have Kathleen Tyson back, I so enjoyed listening to her. She is truly an impressive lady.
Interesting discussion.its good to have someone like Kathleen on to debate and take an opposing view.
Love your work guys. Thanks 🙏
this is the best video of geopolitical economy report to date. luv it !
Wow! Thank you Drs Desai and Norton for correcting my perception of Kathleen Tyson. She was invited to a conversation on Neutrality Studies. I viewed from a bias. Thank you for inviting her to talk with you and us. Bancor is there I hope.
Fascinating Guest! Would love to hear her opinion AGAIN as BRICS implement more systems.
ALSO ask her how the two "touch" each other as each system is implemented.
How will HSBC manage these two markets???
HSBC becomes a local bank and SBI takes over or ICICI from INDIA
@@prabhakar0076 OK. I'd like to have her confirm it too, and then still tell us how the two sets of Systems interact. I want to know in all arenas.
That's more of an interest to me than the actual mechanism each sets up. Have a great day!
One of the few program which is worth listening to. Kudos.
Always a Decent Job. Many thanks!
#VIVAVENEZUELA
You are all great to listen to. Wonderful show.
If the USA has not manipulated its currency system around the world, the world will not create its alternative. The USA did not learn from the UK.
That’s what happened when the US behaves like a mafia gangster and threatens other countries with its power and privileges all the time! It’s time for the American people to admit the faults and abuses of their country in order for it to improve instead of covering things up, deny, and lie for it all the time! That won’t do anything for their country except enable all of those mafia behaviors! Such as blocking people’s comments simply because the truth hurts and attacking people for sharing an opinion that isn’t rosy about the behaviors of your mafia country! Talking it out and admitting your country’s faults is the beginning process for a flawed country to heal itself.
Very informative as usual, love this channel.
I'm convinced she wasn't the sole creator of the system, but her taking full credit for it is quite revealing. (Well, it is revealing for me, but not necessarily for you.)
She’s a bit insecure, trying to take personal credit for what was obviously a team effort, yet she is clearly an *insider* as Ben points out. She makes several good technical points, such as the legal jurisdiction of BRICS Clear. Her response to Ben’s comment that BRICS is not interested in dedollarizing non-BRICS capital market @24:00 is valid. China has no interest in exposing itself to the financial shenanigans of the speculators and grifters that comprise so much of financial “engineering”.
Very illuminating conversation, thank you ladies. I had been wondering about these sort of issues, even though I have little to no background, ever since BRICS came into my line of vision.
Meaningful discussion. Hats off.
Thank you, Kathleen for educating Radhika's less than stellar understanding of the issues you brought up.
like what?
My favorite team! More shows please!
Radhika is such an eloquent speaker
She is a double agent and dishonest person 😮.
Ratikha is a dishonest double agent 😮.
finally the essences of money is being touched on after an hour. sound like a good starting point to define the functionality of the financial markets
No need to fullh de-dollarise. Just establish an alternative non-us sanctionable exchange system is good enough.
bric's not setting out to dedollarize. only want to trade in their currencies. see no reason to trade in usd. dedollarization is just a by-product of the intention to trade in own currencies.
And the way Trump is saying to increase tariffs by 100% on anyone who trades with any currency other than dollar, I doubt other countries will want to trade in dollar Anyway.
Great guest , unmatched output . Brilliant program.
Amazing lady thanks Ms
The G/E is a great channel, but these particular economy discussions are so revealing and intresting. This particular program with Kathleen and Ben included is the very best i have seen.
BricsClear could be housed in Singapore, which has strong financial capability and a reputation for low political corruption. It is also politically stable and not aligned w.r.t. Western or competing global political blocs.
Very impressive podcast! Thank you!
I keep hearing about a potential BRICS currency to challenge the U.S. dollar. If it happens, it could change everything for investors. Has anyone planned for this?
I actually work with Kate Elizabeth Cressotti, and she’s been helping me understand the implications of a BRICS currency. She believes it’s a real possibility and has advised some specific strategies to prepare.
I’ve heard great things about her! What’s her take on a BRICS currency and its impact on investments?
Kate Elizabeth Cressotti thinks a BRICS currency could reduce the dollar’s dominance, especially in emerging markets. To hedge against that, she’s suggested increasing my exposure to commodities and currencies from emerging markets.
That’s smart. My portfolio is very dollar-centric. Did Kate Elizabeth Cressotti mention any risks related to holding too much in dollars?
Yes, absolutely. She mentioned that if the BRICS currency gains traction, it could weaken the dollar over time. That’s why she recommended a more diversified currency approach.
Thank you very much for a great discussion.
when there's will, there's way, wait for it.
Insightful Video, Thank you all.
It's funny how the West complains. Too many Margaret pouring in the country to me. The markets are pouring in to England and America. Well, if you want migration to stop like this tlet, Africa, breeze and let these countries breathe and that's what they're doing. Whether you like it or not, the world is changing as they breeze and get better and become richer and take care. Of the people who pull out of poverty in those countries. There'll be no need for migrants pouring into Europe and America. In their thousands on boats anymore, khadafi himself said that. And I agree with him a 110%.
Certainly agree with your statement pal, except for the use of the demonym of “amerrrica”, 👈🏼for the mispronunciation of the continent’s name, and the NONE-involvement of ALL the countries on it🧐
Exactly- but what else can you expect from hypocrites?
Yes I always find it funny when the west complain about too many migrants when their government are trying everything they can to make developing countries remain poor
@Naijahoy FACTS,,,
What an eye-opener. Thank you guys for a rational discussion.
America, supported by colonial exploiters, had built a discriminatory exploitative system using their muscle power. In changed circumstances this system is crumbling. What we hear is the birth pangs of a more just and non domineering global system. BRICKS acts as the midwife of the emerging system.
I like that analogy
Everything is fine just NOT BRICKS. It is BRICS ✅
Thank you. Extremely informative and helpful to understand the real story. 👍
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Hey 👋please can you aid me on how to connect with her services???
Wow...I know her too she is a licensed broker and a FINRA agent she is popular in US she is really amazing woman with good skills and experience.
@@SharmeenHerashchenkoYeah of course
Sure! She interacts on what's Apps using the digit below 👇
Kathleen Tyson is extremely important in solving many of the future challenges and in educating individuals who will be engaged in the future global system development!!!
The US shows jealousy of Israel’s apartheid…but have no fear, hatred is on the rise against the innocence of humanity. The criminalization of what once was human rights is on its way.
wow,what a guest! Bravo.
Impressive video coverage watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around $87k in Bitcoin to a decent $246k... I'm especially grateful to Eugenia Eiland tactics and strategies.
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This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate this.
Literally Just Found her website easily it was like the first thing that came up when I searched on her name and also her mail address I will surely touch bases with her to see what's the best step for me to take rn. Thanks for sharing really do appreciate
The beauty of Eugenia Eiland ’s approach is her dual focus: while she aggressively pursues profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.
This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate this.
Enjoyed this discussion thoroughly. Thank you Ben.
I'm retired at 27, went from Grace to Grace. This video here reminds me of my transformation from a nobody to good home, honest wife and 35k biweekly and a good daughter full of love ❤
I'm highly inspired.
Please spill some sugar about the bi-weekly stuff you mentioned
I raised 75k and Mary Elizabeth Webb is to be thanked. I got my self my dream car 🚗 just last weekend, My journey with her started after my best frie back from New York and saw me suffering in dept then told me about her and how to change my life through her. Mary Elizabeth Webb is the kind of person one needs is or her life! I got a home, a good wife, and a beautiful daughter. Note!:: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!!
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Miss Mary Elizabeth Webb is a remarkable individual whom has brought immense positivity and inspiration into my life.
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Neutrality Studies - 2024 BRICS Summit Full Press conference by Vladimir Putin
I learned so much from this very fascinating discussion!!! So wonderful indeed!
BRICS wasn't decided over night, she explain it as if it were. Many financial experts have worked on the project for a while and there are far more green lights than the red.
God bless the BRICS.
Tyson is the most deeply informed guest you’ve ever had on the show and certainly the most “inside/outside” expert in global finance (with the possible exception of Richard Werner). She makes some brilliant and rarely heard statements: “China has had near zero inflation for thirty years and no year with zero growth….China has hacked stability….and this is what it’s trying to spread [to the rest of the world]”. And her follow up comment on the split of HSBC is most interesting (HSBC was the object of a lawsuit by Ping An, one of its largest shareholders who wanted the bank broken into two pieces).
Her observations on China’s evident preparations for war - and its stockpiling - are truly provocative. Her answers to Ben’s question at the end are simply dazzling in their expansiveness and her positive comments on progress in Asia and the Sahel are gratifying to learn.
Radhika is very persuasive on capital controls.
Please have her on again soon. And Professor Richard Werner.
The BRICS countries have not dedollarized. From what I see, they can only create an alternative system for using their own currencies, and this will not be able to de-dollarize the world...
Therefore, while the BRICS countries are exploring alternatives to the US dollar, it's more accurate to say they are seeking to reduce dependence on the dollar rather than completely de-dollarize the world.
If two countries trade with each other and trust each other’s financial systems, what’s the point of getting US Dollars involved? They should only be concerned with US dollars when trading with the US 🤷♀️
Conveying facts is much appreciated.
1900 Trillion alone in FX annual settlements! WTF! I suspect the USD will be around as Global Reserve Currency for a few years yet
Thank you so much for sharing this.
I'm favoured only God knows how much I praise Him,
2021 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 30,000 dollars. Everyone thought I was delusional. Today, 1 receive 75,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams.
God kept to his promises to and for me
I’m grateful to god. After so much struggles my family is happy once again everything is finally falling into place!!
I’m grateful to god. After so much struggles my family is happy once again everything is finally falling into place!!
I earn from investing in the digital market with the guidance of (Ms. Evelyn Vera) Brokerage services. I'm happy to talk about it!!!
I remembered she opened a brokerage account with the 30k I gave her for me, it turned out to be the best thing that ever happened to me.
How can I reach her directly please???
Thanks Radika and please give us more of Kathleen as she is the best on economics and monetary system efficacy management.
Paper tigers have no claws!
what a wonderful discussion!
Brics will just be a good alternative and something to keep the USA in check. Dollars will always be around but not like before.
In check? 🤣
just like the pounds and euros. There will be alternatives, thats the whole point
Great analysis as always. Thanks for all you do.
U$ is Done ! Finite. Just trade in Local Currency is a nail on the Coffin 😢
Paso,, good enough
Oil minersls and useful commodities in exchange for paper fiat currency or a few tsps on a keyboard in the Federal reserve building is a racket which America will no longer be allowed to pursue in the future.
Also, this channel being the only venue inviting such an expert on the topic tells you all you need to know about the media… This woman should be being interviewed left and right.
The dollar is literally being destroyed / debased / devalued. I just want my money to keep outgrowing the inflation rate. How do i invest about 250k i have parked in the bank and what strategies do i employ to make significant gains and stable cashflow?
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter
You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
A great economics master class...
It's not JUST a East vs West issue. I live in the US and face sanctions myself with increased taxation and inflation.
This is happening because EVERYONE EVERYWHERE has alternatives.
Technology is no longer a US controlled thing on payments or value.
Personally, I chose crypto as my hedge even though the volatility has me losing strength against the dollar.
My strength comes from yields, which provides WHILE HOLDING IT in a DeFi dapp.
Thank you. I learn a lot from this discussion.
好
Subscribed and bell-clicked.
I've seen the last 10 videos and I am amazed. I'm learning so much. I can't believe this stuff is available for free.
Make it fast 😮
Excellent video. Thanks
FX is MERELY a Worldwide CASINO!! 🤣
That's WHY Chinese RNB is NOT a FREE Flow Currency!! So that CANNOT be INTERFERE by Western &
U$$A System!! 😮😮😮
Incredible discussion🤩
it will make Dollars will not be so dominant nor can it be used for sanctions. . The dollar will continue to be an important foreign currency .
With BRICS many nations wount face bankcruptcy as their properties and assets instantly become of value and can raise money unlike before these countries must get the dollars sometime at high costs.
Yes, BRICS will make all nations no more bankcrupt like using the dollars.
All countries in the world should use BRICS