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Saudi Arabia Joins China-Led Digital Currency System As Russia Welcomes Turkey To BRICS
Saudi Arabia Joins China-Led Digital Currency System As Russia Welcomes Turkey To BRICS
Sean Foo
144K subscribers
67,826 views Jun 7, 2024
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In a big update, Saudi Arabia just joined the BIS & China's new digital currency project, mBridge. This is a signal that de-dollarization is accelerating and a new financial system outside the West is building fast. Meanwhile, Russia is welcoming Turkey's desire to join BRICS. This is historic because a NATO member wants to join the Global South, another big risk to the dollar. Here's what you must know.
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✅ Timestamps & Chapters:
0:00 Saudi Joins China's Currency System
3:01 A New Financial System Rising
5:39 China's Anti-Dollar Strategy
8:40 Turkey Wants To Join BRICS
11:08 De-Dollarization Escalates
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