Sublime
An inspiration engine for ideas
BRICS ignored Trump’s threat of 10% tariff surcharge and continues to expand cooperation using their own currencies.
USD is still dominant in leveraged finance, but it is increasingly fading as a trade currency in real world non-US goods and services. https://t.co/77mWGQMS7z
BRICS+:
▪️ 29% of global GDP (37% PPP)
▪️ 46% of the global population
▪️ 43% of global oil production
▪️ 25% of global exports
Welcome to multipolarity. https://t.co/5kI7u51HBu
.@DavidSacks' analysis on BRICS adding Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE in response to Biden's Ukraine War.
1. In terms of global GDP based on purchasing power parity, the original BRICS accounted for 32%, while the expanded BRICS now stands at 37%, surpassing the G7's 30%. More countries... See more
KanekoaTheGreatx.comThe BRICS trading system is already wiping out US farmers, as global price discovery is destroyed (2024.08.29)
Millions of tons of annual agricultural trade is now being conducted OUTSIDE the US dollar, and within the new BRICS framework.
1/ https://t.co/SwRbxLUWmy
Dragon Wong 黄龙x.com
La perte par l’Occident de son « monopole de l’Histoire » (sa capacité à assurer l’emprise décisive sur l’évolution de la planète), face à l’ascension de nouveaux pôles d’excellence (global stakeholders), initialement identifiés, en 2001, par le think-tank de Goldman Sachs, sous l’acronyme BRIC (Brésil, Russie, Inde et Chine), transformé par la
... See moreAlexandre Melnik • Reconnecter la France au monde: Globalisation, mode d'emploi (French Edition)
I've recieved the report Improvement of the International Monetary and Financial System which the Russian Ministry of Finance prepared for BRICS+ finance ministers. Key takeaways:
- NO NEW CURRENCY, not gold-backed, not commodity basket, not currency basket, not Unit crypto scam;
- Core principles of security,... See more