Paid Daily · Resources · Ask Plutus
Why BRICS Cannot Rival The U.S.
NowPress play to follow along0:00 / 2:59
Chapters10 segments · tap to seek
ticker lesson
Breakdown
0:00BRICS· ticker
BRICS currency — China-dominated, India/Russia distrust
- BRICS currency requires India handing over sovereign money management to China
- Russia turning over sovereign money management to China
- BRICS 20 countries' stock market not rivaling US
- BRICS bond market not rivaling US
- BRICS venture capital market not rivaling US
1:47Gold· ticker
Gold — neutral reserve asset in de-dollarization
- Countries using gold as neutral reserve asset
- Gold compensates for lack of trust in own currencies
1:48US stocks· ticker
US stocks — dominant global market
- BRICS currency holders would trade it for US stocks
- US stock market bigger than rest of world combined
1:49US Treasuries· ticker
US Treasuries — safe haven for BRICS currency holders
- BRICS currency holders would trade it for US Treasuries
- US Treasuries offer better safe returns than other bonds
1:50US venture capital· ticker
US venture capital — preferred investment for BRICS currency
- BRICS currency holders would trade it for US venture capital
- US VC market bigger than rest of world combined
1:51US angel investing· ticker
US angel investing — preferred use for BRICS currency
- BRICS currency holders would trade it for US angel investing
- US angel investing market bigger than rest of world combined
1:52US corporate bonds· ticker
US corporate bonds — safe return for BRICS currency
- BRICS currency holders would trade it for US corporate bonds
- US corporate bonds offer better safe returns than other bonds
1:53Japanese debt· ticker
Japanese debt — negative real rates and currency depreciation
- Japanese debt pays 110 per dollar
- Japanese debt now pays 150 per dollar
- Lost 35% on yen falling against dollar
1:54Yen· ticker
Yen — depreciating against dollar
- Yen falling against dollar
- Lost 35% on yen falling against dollar
1:55lesson
BRICS currency — unlikely to succeed due to distrust
- BRICS currency unlikely due to distrust between countries
- Russia, India, and China unlikely to trust each other
- BRICS currency would be used for US markets
Informational only — this is Miles Franklin Media’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.