Can a BRICS Currency Replace the US Dollar? || Peter Zeihan

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I've said it before and I'll say it again, the US dollar ain't going nowhere. There's simply no other currency with the volume or liquidity to fill the shoes of the dollar.

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#usdollar #currency #brics
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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.

nicolasbenson
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I literally laughed out loud at the part about the delegates being asked to bring US dollars and Euros in order to purchase Rubles.

chrish
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Peter was absolutely certain that Democrats will win. I would definitely like to see a video where he breaks down the reason they failed.

tisucitisin
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Reminds me of when Homer Simpson bought all those "Itchy & Scratchy dollars" at Itchy & Scratchy land.

fossil
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Peters's level of schadenfreude towards Russia is off the charts today.

patrickwentz
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Russia trying to promote Ruble while desperately trying to buy any $$$ possibleyis the most hilarious sight in the economics world.

ewokk
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This guy holds the record for the most Predictions to turn out wrong. 😂

SportZFanLfe
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Well, Pete, at least you got the landslide part right. Just the wrong candidate.

smithb
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Hey Peter - Great videos, I just thought you might like to use this opportunity to explain how you got the Outcome of the US Elections so wrong. Please explain - Thank you

dugandav
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People have been calling for a currency collapse for at least 15-20 years now since I’ve been paying attention, probably more. Mainly coming from the gold is money crowd. It’s always imminent…yet it doesn’t happen.

Ben
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Request US election comments and your reflection on the role the various mass communication mediums played.

propman
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Hell no! They don't even trust each other's currency.

bchiron
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Goldman Sachs invented BRICs (back when there were only four of them) as a convenient nickname in a research paper, and then those countries started having meetings!

JinKee
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Peter answering the questions everyone truly cares about, one day after Trump was elected in the USA and the German government collapsed.

radicalautism
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Reminds me of how people are saying Mandarin is going to replace English soon, but whenever Chinese diplomats meet with their Indian or Russian counterparts they all speak English.

trapical
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So, Peter, when are you going to address your earlier prediction that Trump would lose in a landslide. Anyone can make a mistake. But we'd really like to hear your analysis of why you made this particular mistake.

spivackl
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So... we're just not gonna talk about it, huh?

pastorelorenzo
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I’ve always been behind, I’ll probably be late to my funeral, so getting his perspective a few days later works for me 👍
It’s my opinion, the news media, not Peter Zeihan, should report on subjects briefly at first then give a full story days later when more information and facts are available. The media these days tend to shoot from the hip and just move on.

nealstarling
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I live long enough to remember the soviet Comecon and the surreal exchange rate of something called "transfer rubel". The existence of transfer ruble resulted in different pathologies in trade relations, hindered integration and influenced growing internal and external imbalance of Comecon states.

lukaszslowakiewicz
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For the gazillion-th time I repeat myself: BRICS is just a stupid acronym.

wellesmorgado