How’s it going, everyone? Today, I want to discuss the following: What will be the new World Reserve Currency? What are BRICS nations? It’s the coalition of these 5 countries: Brazil, Russia, India, China, and South Africa. Last week, these countries met in Johannesburg and invited 6 other countries: The last 2 are big players … More What Will Be the New World Reserve Currency?
What’s up, everyone! Today I will explain China’s debt crisis. The Facts In the last few weeks, China’s government has been seizing bank accounts looked to invade Taiwan defaulted Evergrande (over $200 billion) In 2013, China started the Belt & Road initiative. This meant China lent money to other developing countries for infrastructure and business … More China’s Debt Crisis EXPLAINED
What’s up, fellow investors? I’m excited to kick off this week with some big news! The Wall Street Journal headline: “Saudi Arabia Considers Accepting Yuan Instead of US Dollars for Chinese Oil Sales.” Why is this such a big deal? Let’s review some history first. History on USD After WWII, the US was the only … More Saudi Arabia/China Oil Trade is MAJOR NEWS for US Investors
Good afternoon, everyone! I’ve got a very timely topic to discuss today so let’s dive right in! Click here to see my youtube video! “U.S. and E.U. Agree to Cut Russian Banks Out of Vital Swift Financial System” The international banking system, SWIFT, allows large amounts of money to be transferred between countries. Booting Russia … More Russian Sanctions, SWIFT & Ripple