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Round Up: BRICS Summit 2023…

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The 2023 BRICS summit is the 15th upcoming annual conference of the bloc, which is to be held in Johannesburg, South Africa, from August 22 to 24, 2023. The event will be attended by the heads of state or heads of government of the five member states: Brazil, Russia, India, China, and South Africa…

De-Dollarization and Global Trade…

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The current telling of the story of de-dollarization — the replacement of the U.S. dollar as the global economy’s primary reserve currency with a new BRIC (Brazil, Russia, India, China)-funded reserve currency — depicts the loss of the reserve currency as a catastrophe that will crush America…

“Does This Compromise President Biden”…

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They also talk openly about wanting to reorient the world — to move it away from an American‑led Western coalition. They want to create something very different, and everybody essentially recognizes that, with the exception, it seems, of President Joe Biden…

U.S. Dollar “Fear Mongers” Only Need to Be Right Once…

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The fact is that warnings about the precarious nature of the U.S. dollar – whether bombastic or not – are probably more important today than they have ever been. But these warnings can’t compete with 50 years of the “trend being the United States’ friend”, a hurricane force tailwind that includes politicians on both sides of the aisle, the nation’s central bank, the treasury secretary and the roaring concert of all financial news media…

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