BRICS currency? The ONLY way it can work | David Woo
Should there be a BRICS currency? The question has become an important part of the debate over the future of the international financial architecture. What would Robert Mundell, the father of the euro, say about the readiness of the BRICS to adopt a common currency? Is a BRICS currency necessary for de dollarization? What is the truth about a BRICS gold backed currency? What is the only way it can work? How can an economic and monetary union between China and Russia help the China economy and keep Russia in the Ukraine war? How would a BRICS currency change the rivalry of the global south vs the global north, the unipolar vs the multipolar world? David Woo, a former top-ranked Wall Street global macro strategist, tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew.
Subscribe: https://www.youtube.com/c/DavidWooUnbound?sub_confirmation=1
Useful links:
• LinkedIn: https://www.linkedin.com/in/david-woo-1479a492/
• Twitter: https://twitter.com/Davidwoounbound
• Wikipedia: https://en.wikipedia.org/wiki/David_Woo
. RIWI-Unbound: https://riwi.com/compass-series
#investing #brics #geopolitics
00:00 Introduction
00:45 Will there be a BRICS currency?
02:15 Does BRICS meet Mundell's 4 conditions?
05:49 Can BRICS have their cake and eat it too?
10:45 Fears of a weaponized dollar
11:44 What should BRICS do?
14:08 Conclusion
-
4:13
The Howden-Smith Report
1 year agoWhat Is BRICS? Is It Time To Sell The US Dollar?
25 -
38:20
Barry1979
1 year agoBRICS Versus The US Dollar
148 -
14:30
Bible News Prophecy
7 months agoBRICS Push Aside USA Dollar
94 -
16:01
ProgressiveTruthSeekers
6 months agoHow BRICS Destroyed the U.S. and Europe's Currency Hegemony - Richard Wolff
713 -
39:28
FinancialAlmanac
1 year agoBRICS pay de-dollarization & avoids $3.5 TRILLION Sanctions
3.42K1 -
0:44
News For Today
1 year agoBRICS to DESTROY the US Dollar
1 -
8:21
ITM Trading
4 months ago $0.06 earnedBRICS One Step Closer To Wiping Out The US Dollar
169 -
1:05:57
DailyCryptoElisList
9 months agoWhy the BRICS Expansion Isn't the End of the Dollar
25 -
0:59
Money Smartz with Mark
1 year agoBRICS currency… what is it and what will happen to the dollar?
11 -
0:59
diversifyguy
7 months agoBRICS New Gold-Backed Currency
20