Brics
Expansion
is Speeding Up!
Rejection
of U.S. Dollar
Inflation
will Remain!
The extended bloc represents 41% of Global GDP (PPP) and nearly half of world population | 2025
BRICS includes Egypt, Ethiopia, Iran, the United Arab Emirates, Russia, India, China, Brazil, South Africa and Indonesia. Saudi Arabia has not officially moved forward with its membership.
The extended economic alliance makes up half the world population and 41.4 percent of global GDP (PPP). From the perspective of Jakarta, what remains to be seen is if it can still maintain its friendship with the West while facilitating stronger ties with the global majority. This year is promising to be quite eventful as more than 30 countries have formally submitted applications to become full members. Among them are Turkey, Azerbaijan, and Malaysia. Although Turkey's and Azerbaijani memberships are likely not in the cards this year, it appears that Malaysia would be a logical next step towards the BRICS expansion in the region and beyond.
DYI:
To stop the expansion of Brics and stop U.S. dollar inflation all that
is required is for the American government to reduce spending creating budget surpluses 2% to 3% of our GDP. This will have
to be for years to prove that the U.S. is serious in getting its economic house
in order. But alas so far as I see there's ZERO effort
or desire from Presidents nor Congressmen!
Therefore expect continuing inflation and higher interest rates as we
move through growth and recession with higher highs and higher lows! Smart Money - Buys Aggressively! Capitulation Despondency Max-Pessimism Depression Hope - Silver F Relief *Market returns to Mean - Short Term Notes & Bills or MMF
Smart Money - Buys the Dips! Optimism - Gold Media Attention Enthusiasm
Smart Money - Sells the Rallies! Thrill Greed Delusional Max-Optimism Residential Real Estate - Stocks Denial of Problem Anxiety Fear Desperation - Long Term Bonds
Current Economic Conditions
Prosperity - Moderate Recession - Shallow Deflation - None Inflation - Moderate
Economic Choices None Shallow Moderate Prominent Extreme |
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