Economist’s “News and Views” Friday 8-16-2024
Is the dollar doomed? Feat. Andy Schectman - LFTV Ep 186
Kinesis Money: 8-16-2024
n this week’s episode of Live from the Vault, Andrew Maguire is joined by Andy Schectman, President & Owner of Miles Franklin, one of the first companies to be approved as an authorised reseller of minted products.
The precious metals experts open with a discussion about the Bank of International Settlements Project mBridge, before discussing the widespread repatriation of gold by global central banks amid continued developments in the BRICS saga.
These 2 Powerful Countries Got Invited To Attend BRICS 2024 Summit! What's Going On?
We Love Africa: 8-15-2024
BRICS rolled out their first two invitations to Venezuela and Bolivia to attend the 2024 summit.
Venezuela was the first country to receive the invitation and President Nicolas Maduro will attend the summit. “As BRICS chair, President Vladimir Putin invites President Nicolas Maduro to attend the BRICS+ summit,”
The Eastern European nation Bolivia is the second country to have received the BRICS invitation for the 2024 summit. The Bolivian President Luis Arce will attend the summit along with his delegates. “He (the President) has been invited to the summit in Kazan in October,” State news agency ABI said.
Both Venezuela and Bolivia are interested in joining the alliance to revive their respective native economies.
The 16th BRICS summit will be held from October 22 to 24, 2024 in the Kazan region of Russia. Decisions about inducting new countries, de-dollarization, and new currency status could be discussed.
In addition, bloc is keen on de-dollarization and aims to push local currencies ahead of the US dollar for cross-border transactions.
The 2024 BRICS summit will decide the prospects of the US dollar that could affect the American economy.
Germany Nord Stream Bombshell, Japan Crashes & PM Resigns, Prepare For U.S. Price Controls
Sean Foo: 8-16-2024
Germany drops a big update on the Nord Stream saga. However, this doesn't change the fact their economy is still in real danger with deindustrialization not stopping.
Meanwhile, Japan's Prime Minister resigns and US Price Controls might be coming if Harris wins!
Timestamps & Chapters:
0:00 Nord Stream Saga Big Update
2:18 Goodbye To Cheap Russian Gas
6:08 Japan's Kishida Shock Resignation
9:20 US Crazy Price Controls Plan