Leaving The West Behind: The BRICS Plan for a New Financial Architecture | Prof. Anu Chenoy

[@theburningarchive]

Excellent discussion and so timely. Balanced, informed and insightful. Thanks Pascal and Prof Chenoy

[@ThinkTalkListen]

@@theburningarchive what she said are all what we already know and is repeated.

[@ShadowbannedEntity]

BRICS+ is a golden opportunity to unite. Mutually beneficial cooperation, respect, equality and a shared vision. 🇧🇷🤝🇷🇺🤝🇮🇳🤝🇨🇳🤝🇿🇦+

[@jacobjorgenson9285]

It will be very very hard to do that with as diverse nations as Egypt and China

[@KoDeMondo]

These are Western values. In their culture these are seen as nothing more than a sign of weakness because they are not important to them.

[@-wotiu_77]

fn ..bs

[@ingridhildebrandt8053]

Prof. Chenoy, it is a pleasure to listen to you because you are so positiv. Living in europe and fearing a bigger war is so worrying all the time. My hopes are, that one day we also join BRICS.

[@GrandSolarEclipse]

Do not fear the big war. However the economic decline is concerning. Matthew 24: 7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places. 8 All these are the beginning of sorrows.

[@ramed1954]

Greetings to this important channel from the Caribbean Sea, specifically from the Dominican Republic. The West must accept that the countries that created BRICS and then those that join its digital platform for international business, have not done so for reasons of making SWIFT disappear or weakening, but rather simply to have their own system where they can exercise freedom without sanctions, blackmail or abuse of any kind.

[@nerdynerd0]

Who are you? How much do you smuggle across borders that actual systems in place bothers you? How's your country doing for everyone, not just those with families with political ties? 😂😂

[@mia_djojowasito_malik]

It's not anti-West, it's just pro-peace, pro-sovereignty, pro-plurality of systems, pro-development 🤍 really hoping BRICS+ can help North Korea & Cuba, they deserve better. SWIFT has been very discriminatory toward Muslims (trust me, my last name is Malik, I'd know). Good riddance. Trading with a currency with pictures of slave-owners on its bills is bad juju anyway. Thank you Prof & Pascal 🙏🙏

[@bobiel9048]

The US has perfected exploitation. No US bill with Orange on it, yet.

[@KoDeMondo]

Well you have been thrive under wastern culture, If dollar fail you will be very happy to be under Chinese and Indians good luck with that

[@StevePowell-p9f]

If it was not for the west, slavery would still exist. No civilization or culture are angels. However, the British were the first to present the concept that slavery was evil. Muslim powers like the Ottoman Empire had been importing millions of slaves from Slavic lands for hundreds of years. That is the definition of the word slave. The slave trade in Africa could have never existed if it was not the acceptance of slavery by African victors in tribal wars. Islam accepted slavery. It was not until Deist influence in the English empire came along to change the narrative.

[@bobiel9048]

@@StevePowell-p9f "If it was not for the west, slavery would still exist." 😂 Economic slavery is slavery.

[@bobiel9048]

@@StevePowell-p9f Musk to hire government worker for zero pay on 80-hour week. 😂

[@norryc2379]

Viva BRICS.

[@mythbusterthe6749]

Prof Anuradha Chenoy is absolutely right, BRICS is not an anti-West bloc but nations that seek to exercise their rights to create or set an independent financial system to trade outside of the existing Western controlled financial system eg. mBridge over SWIFT. USA is free to trade with them in USD but nations can decide on the currencies between them apart from USD. Trump in threatening to slapped 100% tariff on BRICS nation is simply unacceptable and will lead to faster dedollarisation or countries dumping their US dollar reserve they are holding.

[@druidceltic777]

let the west keep digging its hole deeper , at this stage the global south need not do anything , as the west is doing its own unwinding work that its blind to ,,,fking poetic if you ask me , multiple systems is key . one hegemony would lead to global tyranny the likes has never been seen ,that would become the new dark age in consciousness , the controllers days are numbered , and they know their time is short , hence all the chaos and mad laws attempting to stop the awakening ( too late ha ha ) poetic

[@GrandSolarEclipse]

I am hoping for Trump's tariffs to be effective. After the dollar collapses we will have a just world.

[@pohengcollis231]

Trump has got no brains he shoots with his mouth unlike the bricks nation look at Putin Xi Ch Ping and South Africa and Ve Brazil leaders who have more grey cells than US and the West (bullies) am afraid they are no longer colonial powers

[@Time4Peace]

​@@GrandSolarEclipseIf Trump wants to stop trading with BRICS nations, that's fine.

[@Buf-g6m]

Tariff is just another word for tax, in other words, they're counterproductive..it's supremely ironic that the us of a is busily ruining the international commercial system that it built, largely, to it's own advantage.

[@jomansur]

"Permit me to issue and control the money of a nation, and I care not who makes its laws". This famous quote, (whether true or not) is at the heart of the issue. The Dollar/Swift monopoly has been grossly abused and some competition could help to keep it more honest.

[@druidceltic777]

arrrr , a fellow researcher i see , much respect to you sir 👍

[@Buf-g6m]

Very well said, money = power.. It's only too bad the us of a with it's federal reserve power cant seem to utilise it responsibly.

[@jacobjorgenson9285]

Rothschild

[@NobleOne9999]

Definitely competition is needed an alternative.

[@metugeekane8454]

Quite a brilliant lady. You can't talk of hierarchy in a world of multi-polarity.

[@PrivateSi]

You can in their nations and there is a hierarchy of Brics Nations. I am still pro a multi-polar world, just not delusional.

[@metugeekane8454]

@PrivateSi I don't think you understand what multi-polarity entails.

[@PrivateSi]

@@metugeekane8454 .. Some poles are more powerful than others. China at the top, then Russia or India, then Brazil, South Africa way down. I think you're being too simple minded.

[@metugeekane8454]

@@PrivateSi Multi-polarity is for the Great powers. You need to humble yourself and learn.

[@PrivateSi]

@@metugeekane8454 .. Depends how you want to define poles - but given your 'great powers' definition the hierarchy is USuk, China, Russia / India, the rest aren't really great enough by your definition. I think you're still deluded. We're talking about Global Dominance. USuk is by far the most global.

[@margaritadubrovina7063]

A million thanks for your outstanding work! Excellent conversation and great guest!❤

[@allisonfarah5146]

A really lovely lady with comprehensive knowledge but simple enough to understand explanations. ❤

[@majdakisel2261]

Excellent interwiev like always giving us information what is really going on. Thank you

[@anandagarwal7237]

Excellent analysis

[@PP-L-24]

Than you Pascal. Prof. Chenoy is a great source insight.

[@fashioncitymetaverse]

BRICS is what the UN United Nations was supposed to be

[@svenhanson398]

No, it's a trade organisation

[@druidceltic777]

it got drunk on power like the British before it, then it collapsed as it the united nations will do , no one escapes that cycle that repeats , this i know

[@alrent2992]

Exactly 💯

[@alrent2992]

​@svenhanson398 no 1 country needs to control the money for all the rest of the countries in the world.

[@pascalpoussin1209]

Wonderful interview, bravo Pascal. Could you invite the swiss Colonel Jacques Baud, i would love to see him on your channel for a free talk. He's a specialist for Ukraine and the Middle East.

[@Djordje-pr6vb]

Such a great attitude and realistic pov, at time Anuradha was cracking me up with the way she expressed the paradoxes of the west.

[@petreakemp6017]

I wish my country Australia would realise our geographic position in the world and join Asia pacific countries.

[@jackiedelvalle]

Would need to radically change its colonial mindset though.

[@georgethompson4283]

Me too, but unfortuneately our successive governments have allowed the US to gain financial, political, and military control of Australia. The US has done the same in many Western, and 3rd world countries for that matter, but especially the with the so called allies.

[@РафаэльСаркисянц-ъ2т]

@@georgethompson4283 вы не союзники, вы ихние вассалы

[@robdisch]

Fellow Aussie and agree 100% We will go down with AUKUS and now we are Targets from China and Russia for helping the US and NATO and UK, We need to be Neutral..

[@druidceltic777]

your an aussie i can buy a drink cheers mate greets perth👍🍺

[@mdo8960]

Thank you it is fascinating to listen to you and very informative!

[@souria1671]

Bravo 👏👏 aux BRICS 👍👍💪💪

[@druidceltic777]

live and let others live how they choose desire , im a westerner and im all for as many polarities as we can have , if life is an ice cream i want every flavor imaginable , not one boring over bearing vanilla America / west , but multiple flavors.... i shouldn't even have to comment on this it should be self apparent , but we live among control freaks whose minds live in fear and so seek to make the world in their image and get all to buy into that image so as to them feel comfortable under their scary night time bed sheets , fuk hegemony , MULTI-POLAR IS AND WILL BE KING ,,,at the very least their always be 2 polarities (yin and yang) never one always 2 or more , this ancient understanding the control freaks do not understand , because again their default mode of mind is FEAR and LIMITED in time they now are

[@MickFutz1]

Thank you both.

[@philipzaccheus8398]

ONE THING VERY IMPORTANT YO YHR CREATION OF B R I C S ACTUALLY IS USA BULLING POWER OWNERSHIP DOLLAR SYSTEM WHICH HAS TURNED AS USA MONITARY WEAPON TO SANCTIONS.

[@calmdown2876]

I am a heterosexual African American man that has a degree in Economics. I like listening to your KZbin channel.

[@isamkamel]

Thank yoy Pascal for enlightening us and enabling valuable insights!

[@SouthernSultan阿力]

I love BRICS

[@bebezibodonghanjosephyoude8266]

In 1975/6 the Naira exchange rate to the $ was N0.62. Today, the same $ is being exchanged for almost N1,800. Over the period, the Naira has depreciated by 2,903% - a fair measure of the extent to which the American government is enslaving the Nigerian citizenry. So if a way emerges, as the BRICS system has, it should be embraced.

[@slussen6693]

why did countries accept to use the dollar it is Not their currency, and how can one country's currency be a so called reserve currency for other countries.

[@jackiedelvalle]

It was imposed - no choice. The west weaponised its use though to keep their hegemony.

[@georgethompson4283]

After WW2 the USA was by far the worlds strongest economy. Since that time the US has controlled world finances, and markets using amongst other controlling measures, the world bank, the IMF, the petrodollar, and ensuring all commodities are traded only in US dollars, leaving other nations with no choice, and risking sanctions, and other punishments if they dare to deviate. Most people have no idea (thanks to massive amounts of propaganda) just how ruthless and controlling the US, and before them the British have been, purely to keep world hegemony and therefore control.

[@svenhanson398]

They had no choice, they did not want to be invaded, bombed and sanctioned. Just look at Cuba.

[@jacobjorgenson9285]

@@georgethompson4283the US is like Trump, cares ONLY about themselves

[@ChrisVayos]

BRICS❤❤❤

[@Srj-c8x]

Let the rest bark, Brics must become a reality ASAP, we Indians have seen worse, another worst to become great permanently, is a small price to pay...let the us keep barking

[@bobiel9048]

China - Manufacturing & AI India - Finance & IT Russia - Energy & Food South Africa - Gold & Platinum Brazil - Tropical produce & Biotech BRICS make economic sense. Lower cost for all of above.

[@hannecatton2179]

What an excellent guest. She explains things that a layperson can comprehend.

[@peetsnort]

Ditto for cash and gold

[@Buf-g6m]

Neutrality studies, stroke of genius.

[@margaretlucas7612]

Thanks for factual discussion.Prof. ANU is straight forward and has interesting assessment of BRICS. Thankyou both

[@simonlee8889]

Very good conversation, especially in the light all of Trump's recent preposterous hyperbole.... Thank you both

[@chromgoog3141]

Very good- bring more of these types

[@liz-sy2lj]

can an individual invest in a BRICS bank? or in BRICS by itself? is this a legitimate question?

[@alrent2992]

Go to a brics country. Brazil, India, Russia and China are using it now. Open a bank account their.

[@gagibakija4825]

BRICS ✊✊✊

[@SirBossberger]

Thank you for the explanation Prof. Anu Chenoy.

[@juderyan1561]

Fascinating conversation. I think the question that remains pending is the risk of holding USD and seeing these frozen or worse appropriated (as per the Russian assets). This alone will fuel de-dollarisation I would have thought.

[@bobiel9048]

Country as a nation state concept is a recent Western invention.

[@brianwheeldon4643]

The Hollywood stories vs the Bollywood stories. But, it's not that facile. There's much overlap. The clarity comes with constant and multilevel inspection of both systems and attitudes based on culture, religion, history and beliefs. There's no right and wrong in general , but there are attitudinal problems galore. And there can be countenanced no genocide, ecocide, or wars using one peoples as a weapon against another for the purpose of mass theft and or mass death. Intentionality is a 'thing' within this meaning. We need to get along to the benefit of all life and natural ecosystems. Too much to ask? It might be. We haven't shown any ability to control ourselves thus far. And, I haven't heard how climate and environment fit into this financial construction yet. Neither for the USD nor any discussion within the BRICS. It's more than Green bonds. The climate doesn't respond to financial instruments or structures, it's physics. The climate doesn't respond to fiscal measures or percieved clever financial engineering and sexy instruments. The financial economy fits inside nature and life systems. But we don't yet appear to understand that yet. We live under ideologies.

[@philipzaccheus8398]

Informative information for knowledge seekers listening is an important asset. GET INFORMED THROUGH THE LEARNING VERY IMPORTANT PROCESS NEEDED FOR OWNING OWN GOOD BETTER LASTING SATISFYING KNOWLEDGE CONCLUTIONS LEARNED. GLOBAL SOUTH LEADING BRICS ARE GETTING AND GROWING GETTING BIGGER DUE TO THE ECONOMIC DIVERSE TRADE STRUCTURE SYSTEMS. WHY ALL THIS MISH-MASH OBSERVE DUE TO USA SANCTIONING MANY COUNTRIES IN FORMER COLONIAL STATES.

[@c.kainoabugado7935]

Good to see & hear. Tyvm💯

[@cruzn4ever169]

yes, but due to the growing us national debt internally that will be a dedollarization of the financial structure 29:41

[@judithstapleton74]

Very clarifying interview. Thanks❤

[@elianamckee]

You should invite the President of the BRICS bank, Dilma Roussef.

[@elianamckee]

Great interview!🎉🎉🎉

[@IshrakHossain-rt8is]

It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days

[@grizbaseball]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

[@FannyMontage-xu8id]

Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.

[@BigNate82]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@Alpha-Cheeno]

A game is afoot. The self-proclaimed "mighty US Dollar", self-anointed Emperor of the World, will NEVER tolerate a peer competitor.

[@jackiedelvalle]

I suspect BRICS know that.

[@Firefly14-c2v]

They have no choice, but will start WW3, to try and protect the dollar, which will still fail to quite an extent, creating an equal financial system on both sides.

[@МаринаКерн-й6г]

What is USDollar in reality? Same painted paper as all other fiat money. USD is NOT money proper, it is a promissory note, kind of Bill of Payment. Gold snd Silver is real, mineral resources are real. Bankers and Financial Gamblers must be kept under tight State Control and Regulation. Federal Reserve System is a private entity, so it's unreliable and potentially dangerous. Take, for instance the US Sovereign debt which is unimaginable and keeps growing. To whom the US people have to pay the Federal/Sovereign debt? Isn't it really strange?

[@РафаэльСаркисянц-ъ2т]

их спрашивать не будут, инициатива за БРИКС !

[@AntoinetteJanssen]

@@jackiedelvalle Of course. But I assume that you are up to date about what exactly is going on right now. If not: search for Geopolitical Economy Report, Ben Norton's channel, the video published on November 30. And the words spoken by the Russian leader, translated by Michael Rossi, published on Michael Rossi Pol Sci channel, November 30 also.

[@greendragonspirit1646]

Thanks Pascal , I was hoping that professor Anu Chenoy would come on the show again 😊.

[@kencoutts2051]

With BRICS and the south, go it alone ignore the west , please. You'll be arguing forever if you let them in

[@jamesmichie1895]

Ty🌸

[@michaelloong964]

No how much pain to set up a Brics system of trade using national currency , the Brics organisation will be successful in the end as the US government policy on sanctions of other countries using the use of USD accelerates as time goes on.The US intense pressure pushes the Brics members to work doubly hard to de-dollarization.. Such trend is not reversible as the US political system is anti-multilateralism.

[@arthurhwang117]

The Western definition of “Against the West” is any country that does not bend to Western dictates. So any further discussion is moot. Any move away from the dollar by establishing independent financial systems is a threat to the dollar as the global reserve currency, which underpins American hegemony (as they lose technological, political, economic, and progressively, military primacy), so this is also absolutely unacceptable to the U.S. (and by extension, all vassal states of the West). The adoption of the French language by Niger is not a “benefit”, but a form of cultural imperialism as part of its colonisation, or to put it in the current terms preferred by the “West”, Cultural Genocide. It would be rather like saying that the Native Americans received huge benefits from gaining the use of the English language. I think there is no need to bend over backwards to try to acknowledge “huge benefits” accruing from the period of brutal Western colonisation, domination, and continuing exploitation.

[@alseaquist6192]

Would it be appropriate to define the NDB as "Publicly" owned (member Nation-State as 'stakeholders') institutional global lender, as an alternative to the Bretton Woods system's "Privately-Owned" banking (lending) institution?

[@wongcy713]

A simple parallel would be a couple wanting to set up their own home - it is not because they hate their previous one ( most likely their parents' ) but because they want something of their own

[@bobiel9048]

Dynastic cycle (traditional Chinese: 朝代循環; simplified Chinese: 朝代循环; pinyin: Cháodài Xúnhuán) is an important political theory in Chinese history. According to this theory, each dynasty of China rises to a political, cultural, and economic peak and then, because of moral corruption, declines, loses the Mandate of Heaven, and falls, only to be replaced by a new dynasty. The cycle then repeats under a surface pattern of repetitive motifs.[1] - Wikipedia

[@chrisbremner8992]

Russia has been the driver of the BRICS plus financial reforms.

[@carnitagroves7758]

💯💯💯💯💯💯💯💯

[@NobleOne9999]

Brics is all about saving an restoring the financial sovereignty of all brics nations.

[@ROBOTRIX_eu]

[@darinthesecularspiritualist]

Brics is non bis. Therefore it is globally cherished

[@tyrell-g6d]

Thanks for the breakdown! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?

[@AdekunleLawal]

If currencies were fully digital then we can have a swap done between countries based on a predetermined exchange rate. So that way countries don’t have to hold currencies of the other. We could also have a reserve currency that is tethered to select currencies and metals to give it some stability then each country can trade with that if they choose to. The Dollar would still be there but there’s so much trade that isn’t even happening because most chose or were forced to be in an old system. So many of our brothers and sisters in the human race have been left behind because of this. It’s time to spread the wealth and opportunities globally. 😢

[@nurainiarsad7395]

whether it is anti-West or not depends on whether there can be a western identity that doesn’t include hierarchy over other civilisations and needing to dominate the planet. it isn’t anti western nations or western people; but if being western necessitates believing oneself superior to all other cultures on earth then, now and forever into the future, then i guess indirectly it is.

[@basilroland]

Bearded pascal is badass.

[@svenhanson398]

He is growing up.

[@Zenoithegreek]

The challenge is the dollar is the most stable currency unlike the individual currencies within BRICS. It will take another 2 decades to set the BRICS finance system up

[@dunwurkin9047]

An excellent interview. Prof. Chenoy speaks with the clarity and authority of someone well versed in her subject and her field of study. Unfortunatly her article (which you link for reference) is locked behind the usual academic club paywall. The EPW Journal seems to be an excellent resource. 🪃

[@AubreyCosmo]

How about putting tariffs on the dollar as the US can so easily put tariffs on other countries currency and sanctions

[@svenhanson398]

That would backfire. As it will do for USA.

[@seeker2118]

Tariffs are placed on goods imported into the US not on national currencies. Tariffs are based on the demand for the US dollar as a global reserve trading currency.

[@alrent2992]

Just because it's easy. Doesn't mean it's correct thing to do. Tariffs accomplish nothing. Only higher prices. That doesn't fix anything.

[@dodemocracy2426]

America is only 250 years old. What culture? Come back in a thousand years and we'll talk about culture. Right now, we only have our history of colonialism and slavery. We still walk on the bones of the murdered original inhabitants. We are children and it shows.

[@stevetodorovski9840]

The way i follow Chinese have figured out because the infustructure of Chinese is amazing the city's the roads the bridges tops!

[@thehungergames8918]

Gold or Bitcoin 🤔

[@merfymac]

What is the “strategic community”?!

[@igitsolutions]

The community that controls the media and the west. The community that strategically push propaganda. :) Africa understands this language because its as obvious as night and day the strategy being used by neocolonialism.

[@marcgatto9675]

We need alternatives.

[@rashmigupta9]

You either develop a system against sanctions or you don't. Seems like countries want to pick and choose features, still respecting illegal sanctions and simply taking advantage of countries affected by direct sanctions. So Russia is stuck with rupees it can't buy enough with and can only invest in Indian economy. So where is the benefit for Russia?

[@koiguidenishikigoi4972]

Every new initiative starts that way. There is a difference between the ruling class and the peasants. Americans are just an extension of the Imperial European in a different guise. To your Rupee Rubel question look at what the Russians have done in the last few weeks. They are making Railway carriages in India. So that is your answer. More outsourcing of Russian Manufacturing of high value commodities. Including defence equipment so they get their money's worth.

[@fairysolaris]

If the people of the world were serious about wanting to live in a peaceful world ,where the needs of everyone are prioritized over the indulging wants of the few , then I would suggest the complete abolition of all advertising ,in favour of a directory of produce and services . fairy(with love for humanity)

[@GodsendTruth]

Why are you insulting Russia? do you think Russia only sales vodka?

[@svenhanson398]

It will take time before people get it

[@DMathew-m5i]

Curious why not go on a bitcoin standard to protect against inflationary pressures imposed by unelected officials randomly setting the price of money and forcing currency devaluation via printing? It is also a disincentives war (the most common excuse used to print I think.

[@ME2too2022]

KZbin is Loading your video with abusive ads, FYI. I turn one off, another comes on! And another and another!

[@LemuelTull-lq6uo]

I went to Martinique many years ago and l could not spend my US $. I could not even change it in the bank, but l could change my Bd$, my EC$, and of course if l had pounds, francs or Euros l could spend those!

[@StevePowell-p9f]

BRICS will be find it very difficult. The problem comes back to the issue of Neutrality Studies. The countries that run the world find it easier to get along because they are like minded. Thus the moniker, the "Collective West". BRICS is composed of disparate countries that either have nothing in common, are rivals, if not outright enemies. How can India and China agree on a common currency if they cannot agree on their border? How can Iran and Saudi Arabia agree on a common currency if they cannot agree on a common religion? These countries will always bicker and be at odds. The advantage of an alliance is everyone finds common cause. There is no common cause. Turkey is attempting to poach Iran in Syria. Saudi Arabia and Iran back different factions in Yemen. China is upset at Russia getting closer to North Korea. The only countries that do not bicker, are on different continents. And these combatents who fight each other more than the collective west are going to make a common currency?

[@vv-cv6ud]

Well time has changed , countries are becoming mature and growing . It’s typical big family dynamics where a big brother wants to create hegemony just be elder while others who have different age groups n differences doesn’t like to sit on the table but they to cohabitate for their respective families . They know war is loss game to play so let’s do the fair trade and get prosperity this way mass population don’t get a chance to create another revolution . Hence able to control efficiently

[@StevePowell-p9f]

@@vv-cv6ud Control is a very authoritarian thing. If the United States is big brother, who is in control? The president has no control of budget. Biden could not get aid for Ukraine and Trump could not build a wall. If congress oversteps its bounds, the courts can intervene if they sense overreach. That is the silly thing with Neutrality Studies. They see the world through the lens of a tyrant. Except there is no one in charge.

[@igitsolutions]

BRICS countries have a lot in common. 1. Sovereignty 2. Fair trade 3. Resources 4. Peace not war 5. Young working age population 6. Development goals The list goes on. The only things the collective west have in common is. 1. Control 2. Poisen 3. Kill 4. Sacrifice everyone 5. Greed. 6. Ongoing conflicts 7. Bribe and blackmail poorer countries. 8. Sanctions 9. War 10. Push drugs 11. Push pedofilia 12. Push sex 13. Push destruction of family unit 14. Push false gods (celebrities) 15. Push the idea that everyone outside your country is your enemy. The list goes on. These are all very obvious to the rest of the world.

[@areitomusic]

The point of BRICS is NOT about "common currencies". It is about being able to use THEIR OWN CURRENCIES. GTFO of here. Keep sucking the trump skintag. Truth goes into one ear and comes out trumpanized with you trumpanzees.

[@curiouscasey2309]

Trump should impose tariffs ....and see what happens at home in America ❤

[@johnnwabuforudemezue1108]

BRICs already has its own common currency, don't let anyone deceive you.

[@cat_terrell]

Is Pascal in Japan? Idk why I thought he was in Europe, somewhere?

[@peetsnort]

If we go down that digital money road we will be no better than the iron coins struck by the failing roman empire when they ran out of gold and silver. Anyone can make iron coins . Gold is extremely rare and acts like a brake on human avarice. There never has been a free lunch and there never will be

[@druidceltic777]

your obviously not aware how far down that road we are , its there already mate adoption about to come like moths to the light , too much regulatory laws already written in anticipation and global corporational partnerships all over the place including IBM bank of England japan and many others , too many to mention here . ive spent 7 years 24/7 in the crypto space another 10 years certain coins will be the likes of google amazon Microsoft etc , are you aware of the ETFs granted to certain cryptos ? that meas wall street is coming ( already there ) not trying to convert you either way but ive no doubt at all where certain cryptos are going

[@CEBLOOMS]

If BRICS, Sticks, or any other tricks do not come under the law and all pay me back, everybody is going to be short.

[@sebastian_arroyave_author]

❤ .

[@ranar1036]

Why is the New Bank using 50% dollar. It seems that dedollarization is merely political not actual. The best approach is for BRICS to have its own currency. Any country needing to trade within and outwith BRICS can buy the BRICS currency, albeit at no cost and profit to BRICS traders. Using the dollar is a disaster!

[@stephenc6955]

Because a lot of debt is still denominated in USD. It takes time to unwind, even then, the dollar will still be in use within the system.

[@svenhanson398]

It is a process, it will take time

[@jacobjorgenson9285]

It take a long time to change world currency . Due to the widely used USD being everywhere, it’s a “safe” currency because someone will need it tomorrow so a holder of USD can be sure it’s safe to do so

[@bhushanmanjarekar2144]

The West fuels inequality by hiring "cheap" Indian workers, exploiting the falling Rupee. While these workers thrive again on stagnating assets, 99% face inflation. Meanwhile, in the West, local workers struggle with job displacement and wage stagnation, deepening disparities. Indians are replacing Americans. They are thriving over the decades, with the falling Rupee, they are leveraging their income to acquire real generational assets in India and invest in Indian stocks. This is further fueling rush to get to the west. #Tariff/s are a hidden tax on American consumers, raising the cost of goods and services they rely on. Similarly, #H1B effectively operates as a hidden tax on Americans by prioritizing cheaper foreign labor over investing in local talent and workforce development. Indians have displaced middle-class Americans from their own workplaces, treating them like the modern-day untouchables of corporate America. Most Indians in America are upper caste Brahmins. Brahmins account for approximately 4-5% of India's population. US getting there.

[@ThinkTalkListen]

what she said are all what we already know from the Kazan Summit and is merely repeated.

[@imnotanalien7839]

Hopefully, the U.S. will stop giving away billions of dollars in aid and loans every year and give it back to US taxpayer’s who work for that money. BRICS financial system will be a great help to its member states, and they can loan and aid each other. The U.S. will hopefully just mind it’s own business…let sovereign nation’s take care of themselves. Trade not aid. That’s the way it should be. ❤

[@vv-cv6ud]

Financial aid and loans are given to keep the dollar liquidity in the system . Borrowers have no choice but to use it as there only means to support and survive.

[@vgstb]

Why is it so difficult to understand that the West will never give up the privileges they enjoyed for more than a century?

[@adamiskandar5107]

Not really difficult to understand. It's because of the rise of China and Russia that gave the Global majority the hope of being unshackled from the bullying West.

[@jackiedelvalle]

Who is denying that's the case?

[@svenhanson398]

Well what is your alternative then. It can't go on, we will not have peace in the world without change. I as a westerner welcome this.

[@alrent2992]

The u.s. keeps the dollar. And the collective west will continue to use it. BRICS + is not forcing anything on the west. BRICS + is establishing a new payment system. Using a different source of money. Not using the u.s. d. Get it??

[@koiguidenishikigoi4972]

If you can't receive....take 😊

[@cshaf0812]

Sounds like WEF plan 😢

[@marciocavalcantidesimone82]

No Brasil Dilma Roussef não é bem vista em sua inteligência, por isso é uma falácia essa situação.

[@ME2too2022]

Every three minutes! Ads, and more ads! FYI

[@antp1900]

The west is over

[@creativecatalyst777]

I believe nothing from India these days.

[@southafricaismyhome814]

American policies failed world wide, all American enemies work with China / Russia in busines trade 🤣🤣🤣🤣🤣🤣😂😂😂 she mis that point 🇿🇦🇿🇦🇿🇦🇿🇦