BRICS adds 6 new members and challenges US dollar.
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43 Comments
Time to start drilling our own oil…
PEOPLE PEOPLE PEOPLE right now the DEX of Bybit has glitched
When you exchange BTC/ETH you get sent x10
I just did a video
Little pushback to keep things lively. Saudi Arabia and Iran are both backward counrties run by Clerics. I see them slightly behind China in their political system evolution. If the blind lead the blind they both fall into a ditch. BRICS is a brilliant piece of controlled opposition. Kissenger has an open line to talk to Xi any time he wants. Who does Kissinger represent ? It sure isn't the United States. We had the Soviet Union who we financed into being, now we have BRICS, who we financed and protected into being. Who do you want to try to contol a bunch of rag tag independent Germanic tribes or independent Afgan tribes or some group with a well defined hierachical system that you put in place ? Everyone is talking about BRICS why ? There's gonna be a new system, BRICS will a part of it.
We used to be… used to be, under a real president we were energy independent!!
Good O'l USSA. We will soon be eating ZOO animals just like Venezuela. Hmmmmmm Camping food orrrrr Giraffes which will it be????
The US dollar is a long running fraud of a 110 years and it just ran out of time to the US government knows that and that’s why we see the dismantling of the United States going in right infront of our eyes. If it wasn’t for the oil money the fraud would not have lasted this long… all the governments in the world are aware of that.
Thank you Lark. The US is in big trouble. Keep stacking precious metals and diversify your portfolio with hard assets. 🙏🏻
The US should apply to joining the BRICS before the EU does it backdoors.
The US overlord is the kindest overlord in history. This should be a comical shift. I look forward to the US being forced to balance its budget.
Where does all this leave lil ole Australia and NZ ?
Transfer Money to Each other using XRP , Money turns the world a round using there own currency.. What a Joke all the Brics are in trouble one way or another.
Well I just listened to a guy that has a Chinese news channel on YouTube. And his take on what’s going on is not a positive one. He says Brics will not succeed. The dollar will crash but not because of Brics… IJS
You didn’t touch on the effects of excess liquidity in the market once USD is dumped as the trading currency.
Bybit swaps glitched, trades x10. Made video to show it.
bybit glIitched and now swaps x7. I dld a vld
Talk about Brics, not about your S-T-U-P-I-D community group that no one wants to join bruh.
Why does Venezuela not going BRICS?
Pity Russia and China have dictators as leaders 😢 Or am i missing something
Lark and cryptotips are my two go-to sources for new updates. For technical analysis I like revolt finance and coinskid. Any other suggestions? I want good inputs for the next bull run.
We have our own oil!!! We’ll just charge more import fees on goods once we get a worthy president!!!
I was under the impression they have invited 6 new countries. I suspect they wouldn't invite them unless there was interest from those countries to join.
Yay, all the oil countries joining together. We can burn fossil fuels forever! 😀😃😄😆
THE Euro is an example of an alternate currency to the Us Dollar . Didn't seem to make too much impact , brics wont amount to much ..to many conflicting ideologies, Poor countries with low GDP , Sanctions , Political Strife etc . Us dollar wil be around for a Long Time to come . The world still needs to trade with the USA in one way or another .
X R P
Great video Lark, thank you lots to think about. But why did they all say no not yet? I believe that the USD has way more strength than we give it credit for. Sure countries doing business & bypassing the USD is absolutely a game changer but the main power of the USD is not in this market (a substantial chunk yes) but the majority of the volume of USD is sitting in the debt/derivative Euro/Dollar market & i don't think people take that mutant monster into consideration. All of the countries in BRICS are subject to it & thats why (I believe) they said they are not ready for a BRICS currency. The debt market is a freak that not even the US fed has any control over the entities involved create dollars out of nothing with no limit! It has no boarders & everyone is involved on a massive scale. So pandora is well & truly out of the box & it just happens to be denominated in USD & good luck to any country or Alliance fighting the multi trillions wrapped up in that monster.
I doubt India would like to trade in yuan LOL
Maybe the goofs will realize it's finally time to get off the oil boob.
Thanks for the update, invaluable as always 🎉
Its amazing that this transition is happening peacefully so far.
Hopefully it can remain peaceful,
The dollar is so strong. It is a beacon of strength among all the other weak currencies. No wonder it has the position of reserve currency and likely will for centuries. There is so much demand by the world for the US dollar. The dollar is wonderful and a good, solid, wholesome and responsible investment within the Fx.
technically they haven't signed anything yet. they've agreed to the invite. nothing really yet. up until they've signed and agreed then we can panic.
This guy has the guts to say what others can't face.
I don't blame those countries not having faith in the US $
These gigantic POS of Congressmen and senators running up the national debt are a bunch of scumbags that's the true greatest exponential threat this country , not climate change
I can't wait til the infighting starts between these very disparate, bigoted, and irrational countries. I'll be watching with a bowl of popcorn.
Do you blame them. I mean the US pushing transgender lockdown policy over control war after war.
Brics is a joke!
Massiv … the world is changing 🌏
I bet $1 million.
Dollar is still king
Thanks Lark
I love your work Lark
I’m surprised all these countries are jumping in bed with China after watching them release a bioweapon that affected the entire global economy? Those commies are controlling and untrustworthy, worse than the US! Look at how they’re building up their military! They will at some point become the bully of the world. The US is bad, China is worse! Just like Trump haters voted for Biden and that 💩bag is way worse….watch what you ask for you just might get it. We have an old saying that goes like this, “Jumping out of the frying pan into the fire….!” Going from the US to China will be akin to going from Trump to Biden! I’m old so hopefully I won’t be here for the grand finale….. The US won’t let those nuclear submarines chok full of trident missiles with multiple nuclear warheads go to waste!
Deez bots
The brics alliance is nothing but a joke, these countries don't even trade with each other, Brazil buy literally nothing from S Africa and vice versa.