Is the BRICS a genuine threat to the global order? Are we really in a new multipolar world? Or is the West, and the US especially, remain the most powerful countries? In the words of guest, there is something 'afoot' says Frank Giustra, CEO of the Fiore Group and Co-Chair of the International Crisis Group, as l asked him about the prospect of the BRICS+ developing an alternative financial system.

This was a wide-ranging talk, and l was startled by a lot of it, most of Frank's views on crypto - stay tuned to the end to see why!

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🕒OUTLINE🕒
00:00 - Intro
01:00 - How Frank views the Russian reduction and rerouting of oil in the war
02:50 - Frank's take on if the war becomes a frozen conflict or war of attrition
04:30 - How do we encourage negotiations when neither side want to?
05:35 - Frank screws up (bit of banter)
06:00 - Why Frank think Russia's economy has and will resist sanctions
08:10 - Impact of sanctions and their use/effectiveness
12:15 - BRICS+ and an alternative financial system
15:45 - How does the West adapt or counterbalance?
18:10 - China vs West respective challenges
22:10 - Frank's advice for young investors and entrepreneurs
27:50 - Frank's take on ESG, sustainability and energy dependency
30:30 Central bank digital currencies (CBDCs) and cryptocurrencies
35:10 Frank's words of wisdom

#economy #currentaffairs #finance #internationalrelations #geopolitics #china #war #theglobalgambit #russiaukrainewar #cbdc

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