The BRICS bank moves to challenge the global dollar system by issuing bonds in their local currencies. This move could start to trigger a wave of countries moving to break away from dollar-denominated debts. This is bad for the US bond market but great for emerging markets looking to grow faster and reduce risk from the established order. Here’s what you must know!
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✅ Timestamps & Chapters:
0:00 BRICS Bank’s Bold Move
2:12 The World Is Trapped In Dollars
4:34 Breaking The Wheel
7:06 Emerging Markets Want Out!
9:52 Big Benefits With BRICS
12:08 A Long Battle Ahead
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