How can BRICS de-dollarize the financial system?
BRICS plans to transform the international monetary and financial system, and discussed policies at the 2024 summit in Kazan, Russia. Can it successfully challenge the dominance of the US dollar? Political economist Radhika Desai is joined by Ben Norton and former central banker Kathleen Tyson, author of the book “Multicurrency Mercantilism”.
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Once again I find myself falling behind in my reading. So much is happening on so many fronts. Nevertheless, I felt I should comment here for the record because of the truly vast content and the global financial implications discussed within this interview. And yet again, a big thanks to… Read more »
richard werner has a video, on his sub stack which is paywalled on the history of the petrodollar (it’s also on youtube). this one is on the petrodollar & more importantly the history of it, esp. between empire & the ‘bedouins’ & Kissinger. preceding the petro$, richard werner it discloses… Read more »
It must be good Emerson – it’s been 404’d already for us mushrooms Downunder.
exactly, dear col! it’s really good. it gives the history of the bedouins & empire. it’s on his sub stack but that’s paywalled. thank you dear col i was chasing tail crazy trying to post. bless you.
https://www.youtube.com/watch?v=24fsnkyG4tQ richard werner discusses debt, oil & brics & i wonder how saudi arabia’s refusal to join brics might play here? clearly it’s an attempt to keep its assets in empire secure—perhaps a last ditch effort to dress a naked empire, in hopes of continuing the illusion that the petro$… Read more »
By whatever mechanism the British people are still subdued to accept a monarch of great wealth and therefore power, the Saudi’s perhaps expect the same game will keep their royalty in power. After all they are a creature of the British Empire. So far so good, but Arabs are revolting… Read more »
dear k, whatsoever keeps brits agog of monarchy i cannot fathom. according to pepe, mbs enjoys rock star swagger over young saudis, again hard to fathom, they must be drugged & dumb, ignorant the street below writhes in appalling pain & fury. so, yes, perhaps he’s frightened…perhaps he’s simply staring… Read more »