Andy Schectman and Taylor Kenny Saturday PM 8-26-2023
BRICS Is Expanding; HUGE Threat To Dollar Dominance | Andy Schectman
Liberty and Finance: 8-26-2023
Andy Schectman joins us for a flash update to discuss the joining of Saudi Arabia, Iran, United Arab Emirates, Argentina, Egypt and Ethiopia into the BRICS coalition.
He discusses how this is a major development for dedollarization.
INTERVIEW TIMELINE:
0:00 Intro
2:30 BRICS expands
9:00 Saudi Arabia
11:50 Dedollarization
Revealing the Truth of Moody's, S&P, and Fitch Downgrades
Taylor Kenny: 8-26-2023
You might think that you know what's going on with the recent downgrades, but do you really know the truth behind these ratings that the credit rating agencies, who are supposed to be unbiased, are helping prop up a failing system through self-serving ratings?
And most importantly, what happens to you when it all comes crashing down?
CHAPTERS:
0:00 Truth Behind the Ratings
1:19 What is Supposed to Happen With Credit Ratings
3:00 Parameters in Ratings
3:52 Downgrades
5:11 Why the Downgrades Happened
7:01 Explanation of Ratings
8:44 Takeaway From Downgrades
9:56 Protect Yourself