Breaking! 30 More Countries Apply to Join the BRICS – The BRICS Nations Setting the Stage for Financial Anarchy: $17,400,000,000 US Treasuries Dumped
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In a remarkable turn of global economic alliances, the BRICS bloc is set to undergo a seismic expansion. Thirty additional countries have expressed interest in joining the BRICS, marking a significant shift in the global economic landscape.
The Surge of Interest
The BRICS bloc, originally formed to create an alternative platform for emerging economies, has recently seen a surge in interest from countries around the world. This development signifies a major shift in global economic power dynamics, particularly as nations seek alternatives to traditional Western-centric economic models. Russian Foreign Minister Sergey Lavrov highlighted the diversity of nations keen on establishing ties with the BRICS, signaling a growing recognition of its influence in global affairs.
This influx of interest comes on the heels of a pivotal decision made at the most recent BRICS summit, where the bloc agreed to expand its membership to include powerhouse countries like Saudi Arabia, the United Arab Emirates (UAE), Iran, Egypt, and Ethiopia. The inclusion of these countries has not only expanded the geographical footprint of the bloc but has also added significant economic heft to the group.
A New Powerhouse in Global Trade
With the potential addition of 30 more countries, the bloc is poised to reshape the global trade and economic landscape. The move could challenge the existing global financial order, particularly the dominance of the US dollar. Former White House economist Joe Sullivan raised concerns that the BRICS nations might introduce a new currency to rival the dollar in international trade. While BRICS officials have denied any immediate plans for a new global currency, the possibility remains a topic of intense speculation.
The strategic positioning of countries like Egypt, Ethiopia, and Saudi Arabia, which surround the critical Suez Canal, is particularly noteworthy. This could give the BRICS significant influence over a substantial portion of global trade. Moreover, the bloc’s sway in commodity markets cannot be overlooked. The inclusion of leading fossil fuel exporters like Saudi Arabia, Iran, and the UAE, along with major precious metal exporters Brazil, China, and Russia, further bolsters the BRICS’ economic clout.
BRICS and the Future of Global Economics
As the BRICS bloc gears up for its next summit in 2024, the focus remains on strengthening multilateralism and equitable global development. The potential addition of 30 new member countries reflects a growing appetite for a multipolar world where economic power is more evenly distributed. This development could have far-reaching implications for the global financial system, possibly leading to a diversified economic landscape where a variety of currencies gain prominence.
Despite the rise of the BRICS and potential challenges to the dollar’s dominance, many experts believe that the greenback will continue to play a central role in international trade and reserves. However, the bloc’s expansion and its pursuit of diversified economic partnerships signal a significant shift in the global economic order, one that could redefine international trade and economic relations in the years to come.
In essence, the BRICS’ expansion is more than just an increase in numbers; it’s a statement of intent and a challenge to the existing global economic order. As more countries express their desire to join this emerging economic powerhouse, the world watches with keen interest to see how this will reshape the future of global economics. The BRICS, once seen as an alternative economic forum, is rapidly evolving into a formidable force in global trade and economic governance.
$17,400,000,000 US Treasuries Dumped: The BRICS Nations Setting the Stage for Financial Anarchy!
In a staggering move that’s sent shockwaves through the financial world, three power players – China, Brazil, and Saudi Arabia – have slashed their US Treasury holdings by a mammoth $17.4 billion in just one month. But what’s really going on behind these numbers, and could this be the beginning of an orchestrated economic coup?
In a world dominated by cloak-and-dagger politics and economic subterfuge, the recent revelations surrounding the unloading of US Treasuries by prominent BRICS nations feel eerily reminiscent of a spy thriller.
The scene? An international poker table where the US is seated as the dealer. But some players, fed up with the game, are quietly cashing out and it’s setting the entire room on edge.
Fresh data leaked (or rather, published, if we’re being politically correct) from the U.S. Treasury Department reveals this high-stakes move. China’s ownership of Treasury securities plummeted from a whopping $835.4 billion at the dawn of July to a still-staggering $821.8 billion by month-end, marking a decrease of $13.6 billion. In the same breath, Brazil nipped its holdings by $2.7 billion, and Saudi Arabia by $1.1 billion.
ATTENTION: THE FINAL COLLAPSE! Survive the Apocalypse
The facts and figures don’t stop there. Fellow BRICS founders, India and the United Arab Emirates, are also in on the action, chipping away at their treasury hoards. The question remains – why?
Adam Kobeissi, the vigilant mind behind The Kobeissi Letter, breaks it down for us. “Since peaking about a decade back, China has offloaded close to $500 billion of US Treasuries. A potential economic slowdown or a broader strategic pivot? Whichever way you spin it, this trend is a glaring neon sign in the financial darkness,” he warns.
Let’s not kid ourselves. A bond market purge coupled with a rapid incline in Treasury yields has caused financial pandemonium in recent days. It feels almost apocalyptic. On Friday alone, an unexpected surge in the jobs report fanned the flames further. Suddenly, the 10-year yield shot up, reaching a peak of 4.85% while its 30-year counterpart loomed large at 5%.
Diving deep into the virtual trenches of the CME’s FedWatch tracker, it’s found that a whopping 72.9% of investors have placed their bets on the Fed maintaining interest rates as is. Meanwhile, a bold 27.1% are gambling on an increase. The stakes? Astronomical.
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But why, you ask, are these nations opting out? Could it be a move of pure economic strategy or a darker, more secretive play? Maybe it’s both. In the constantly shifting sands of global finance, nothing is what it seems. When billions are at play, you’d better believe there are hidden agendas.
Consider the track record of these countries. Historically, they’ve always played a strategic game. But the speed and aggression of this move? Unprecedented.
Perhaps, just perhaps, there’s a method to the madness. With economies across the globe hanging in the balance, it’s clear that these powerhouses are making moves. Moves that aren’t necessarily in favor of the traditional financial structure we’ve come to know.
Furthermore, let’s face the elephant in the room. The BRICS alliance itself is more than just an economic consortium. It’s a political statement. A statement that says:
“We won’t be pawns in your game.”
There’s a tremor in the force. And the epicenter? This massive unloading of US Treasuries.
Is it an overt sign of these countries’ decreasing confidence in the US’s economic prowess? Or could it be part of a more intricate, well-laid plan to undermine the world’s largest economy? An economy that, if toppled, would undoubtedly cause a ripple effect that would impact us all.
The fact remains that the landscape of global finance is shifting rapidly. And as we stand at this precipice, it’s critical to be vigilant, to question, and to prepare.
While the rest of the world turns a blind eye, preferring to be lulled into a sense of security, those in the know recognize the signs. The winds of change are blowing, and they carry with them whispers of a new world order.
If You are Worried About BRICS, QFS, Dollar Collapse and More, This Is The Most Important Video You Will Ever Watch In Your Lifetime
Concerned about BRICS, the QFS, or a potential dollar collapse? You’re not alone. Join me on this enlightening journey, fueled by love and optimism, as we unravel the truths and conspiracies that shape our world.
We live in a breathtaking epoch, painted with the vibrant hues of technology, globalization, and human connection. Yet, beneath this canvas of progress, there are whispers of change, and rumbles of underlying conspiracies that some believe threaten the very essence of our global society.
- BRICS, an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa, has been the talk of the financial world. What role do they play in this grand drama?
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- And is there truly a potential for the mighty dollar, which has held its dominance for so long, to collapse?