In this video, we explore the groundbreaking developments from the BRICS nations—Brazil, Russia, India, China, and South Africa—and their potential to disrupt the global financial system. Discover how the BRICS' innovative mBridge payment system could challenge the dominance of the US dollar and reshape international trade. As Saudi Arabia joins this revolutionary platform, questions arise about the future of the petrodollar and the strength of the US dollar. Watch as we delve into the implications of this economic power play and what it means for global markets and financial stability.
Stay tuned as we uncover the secrets behind mBridge, a CBDC system developed by the BRICS countries to bypass the US-centric SWIFT payment system. Learn how this strategic move could weaken the US dollar by reducing demand for it in international trade. We break down the mechanics of mBridge, its impact on forex markets, and why it poses a significant threat to the existing financial order. Don’t miss this in-depth analysis of how the BRICS nations are positioning themselves as formidable contenders in the global economy.
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- TIMESTAMPS -
0:00 Intro: The Rise of BRICS and the Potential End of US Dollar Dominance
00:33 The Petrodollar and the Emergence of mBridge
1:57 A Quick Recap: The Formation of BRICS
3:16 The BRICS Payment System: mBridge
5:08 The Geopolitical Implications
5:55 De-dollarization Efforts
6:17 The Future of BRICS and mBridge
7:13 Outro
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BRICS
US dollar
mBridge
Saudi Arabia
petrodollar
economic power
CBDC
SWIFT payment system
forex
global economy
BSI
#brics #worldnews #economy #usa #mbridge
Dedollarization Shakes US Economy!: BRICS New Currency
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