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From Bretton Woods to BRICS+: Will the $US remain the reserve currency?
Manage episode 376896178 series 3415392
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With U.S. debts and deficits rising at an unsustainable pace, eventually someone is going to stand up and shout out, "The Emperor has no clothes!"
David Nelson dives deep into a crisis that has been building for years. Even G20 members are joining BRICS+ not to mention that 5 of the top 10 world oil producers are members as well.
0:00 Market Wall of Worry
00:40 Long term challenges
01:48 B.R.I.C.S
02:40 B.R.I.C.S. Plus
03:24 Putin
03:51 World Leaders - Dollar Concern
04:39 King Dollar
05:37 Ray Dalio
06:01 What can other countries do?
06:56 Saudi Arabia & Iran restore relations
07:54 Emperor has no clothes
08:10 British Empire
08:42 Pathway to failure
09:16 Remember
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