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Is The World's Economic Power Shifting Away From The U.S.?
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ticker lesson
Breakdown
0:00lesson
BRICS vs G7 economic contribution
- BRICS 40% world GDP vs G7 29%
- BRICS 50% growth vs G7 18%
- G7 called great seven despite low contribution
1:55lesson
US fiscal and geopolitical decline
- US broke and not trusted
- Dollar lost 98% value since 1971
- Fiscal irresponsibility and foreign policy issues
- Trust broken on fiscal and geopolitical fronts
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