Western Hegemony FALLING APART, BRICS Now Controls 40% WORLD'S GDP & DE-DOLLARIZING

Editor for The Grayzone Max Blumenthal previews the upcoming summit of "BRICS" nations. #brics #globalization

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[marjendemhare]

When Americans stop using the word "threat" the world will have peace.

[alexmeyer]

This is THE story right now. So many Americans are ignorant on this issue

[fatumataholloway]

While American fights amongst itself, The world moves on.A house divided won't stand.

[Raymondjohn]

BRICS wants to build a new currency. It is also worth noting that gold has historically been used as a store of value and a means of exchange, and some countries still hold significant amounts of gold in their reserves. However, it is unclear how a new currency backed by gold would function in the current global financial system and whether it would gain widespread acceptance. Ultimately, any decision to create a new currency would be subiect to numerous economic, political, and logistical considerations.

[dee-vee]

"Blowing out other's lamp will not bring light to oneself." Wise words. Amen.

[katsan]

Americans need to stay alert and pay attention. Our government has spent so much money abroad and failed to invest in American education, health, happiness, middle class, etc.

[christianaemilio]

It's interesting to learn more about the discussions and proposals around BRICS nations and their potential use of gold. There are several reasons why people may choose to buy gold, including its historical use as a store of value and means of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities.

Additionally, gold can offer diversification benefits to investment portfolios, as it tends to have a low correlation with other asset classes like stocks and bonds. However, it's important to note that investing in gold carries risks and may not be suitable for evervone. and investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any decisions.

[janellejacob]

The media is currently barraged with a lot of economic data right now. It takes a lot to see beyond the whole ocean of news on focus on what is important, which is that no matter how low stocks go, they always bounce back. I really ignore all the news and keep investing. I recently allocated about $150k to put in the market as we anticipate a crash. Any recommendations?

[itsmepeople]

as an Ethiopian, I see some hope in BRICS from the current deadlocked situation enforced by the US.

[PB-orfd]

As an American I'm hoping BRICS can help change our neocon warhawk leadership. It has to end. Thanks for having Max on.

[Rochelletrem]

Well it's time for the BRICS- New World Order to come up with a default reserve currency or simply go back to gold as the reserve. It will be too chaotic for each country to trade in their respective currencies with the daily change in exchange rates.

[s.rosesmith]

America needs to solve its internal issues instead of trying to control other countries.

[RookCustoms]

Imagine having 800 bases and being responsible for countless innocent dying. Imagine being a war mongering state dead set on over throwing govts and then also being like .... Hey why don't they wanna follow us?

[wiggi]

A pity that the coming (and current) misery in the US can't be confined to its predator class.

[FranciscoLopesRJ]

Excellent discussion. The first time I saw people knowing what they were talking about when they discussed BRICS. Congratulations on this discussion.

[jakepistolero]

i have to laugh at the fact that americans really need to ask why is it bad that america hinders the development of other countries

[Sabundy]

As a South African I am so happy amd proud to see South Africa being part of the shaping of a new world system. A multi polar one where hopefully there can be greater equality between countries

[Paul-H-Wolfram]

Most Americans failed to see what is going on to their economy, currency and where their country is heading to, so sad.

[SullenGirl]

As an American I don't know why America thinks it's so hot when others are so far ahead of us. We deserve some humble pie.

[Vladviking]

I hope they kick our dollar slap out, I'm sick of the US wasting time and money running all over the planet minding everybody else's problems that we also helped create.