🌍 Question of the Day: As the BRICS nations continue to push the boundaries with projects like the BRICS Blockchain Initiative and the New Development Bank, what impact do you think these developments will have on the global economic and technological landscape? Share your thoughts below and let's dive into a thought-provoking discussion! #BRICSNews #GlobalEconomy #TechInnovation
Thank you Clive! I've already read some of the articles you mentioned and I listened to President Putin's speech, but I will check out the others. I was born in 1953 and lived my entire life in the Upper Peninsula of Michigan. Growing up we had no indoor plumbing so I would be out at night pumping water looking at the stars, and there was no light pollution back then. Sputnik had me looking up trying to see it pass overhead, and I have had interest in space all my life. I get an e-mail when the International Space Station is visible and if the night is clear I watch it pass overhead in awe. I have high hopes for BRICS+ for it has a potential to bring countries together for mutual benefit, unlike the World Bank and the IMF that chain countries to debts they cannot repay while leaving their people in dire poverty. Thank you for keeping us informed on the progress.
You sound quite eludite and I was hoping to read something more comprehensive. I have noted that responses with two words obtain massive likes. I guess people have short attention spans. I come here not for those two worded responses but to look for someone offering some new perspective or their experiences that one can learn something from. You seem like one who can exactly do that, and you left me high and dry.😂😂😂
According to the experts, I`ve listened to, Blockchain is good. When I bought Bitcoin, my purpose was for moving money from my business to different accounts. I want to point out the Volatility Factor. Bitcoin has gone way up, Yippee, but it could go down also. I would rather that it just stays at a fixed value, for everyday use, than as an investment game. So, I like the "Basket of Currencies" concept of the 5R. This should help to protect the smaller Sovreign Nations currencies from the Volatility of the markets.
I find the idea of Bitcoin quite absurd.. But we should diffrentiate it from CBDCs. Why should anyone privately own money? Bitcoin has no root. This is creating a monster because of our greed. But once CBDCs from a major country take root, Bitcoin will fade.
Food ingredients and Height are recommended to use "US measuring system". For all the others it is recommended to use "UK measuring system". BRICS is not recommended to replace these measuring systems. If it is required to be replaced and the names won't be a problem, it is non-negotiable to not be without a very peaceful negotiation with USA and UK.
We the people are learning that we are the sleeping giant, not victims of gov'ts. We are learning responsibility for our thoughts & actions & seeing the result of feeding the separate self at the expense of the community. When we stand in unity for respect, cooperation, sovereignty & peace, we will thrive at last.
Thanks for covering the content of my article on the Modern Diplomacy website. It's my pleasure Nadia Helmy- Egypt- Egyptian expert in Chinese Politics- Professor of Political Science at Beni Suef University
@@tibebesolomon8878 We can't say that. Yes we are a Muslim country by the majority of our people, but we're more depending on the liberal capital banks like most of the countries globally
At present the B.R.I.C.S. Alliances is known if the following geo-economic idea: 1) De-Dollarization of American dollar; 2) Multipolarity;3) Belt&Road; 4) Banking through adoption of SWIFT-like version syste; 5) The used of local currency among BRICS member countries. All of these spells a drastic changed in the wester dominated geo-political and economic hegemony. Of course, the United States empire is uneasy.
@@antonio667 Mi konkludas, ke ĉi tiu "maldolarigo" okazos kiel rezulto de la efektivigo de la ceteraj kvar agoj. Precipe: "La uzo de loka valuto inter BRICS-membrolandoj". Ĉu?
De-dollarization of BRICS is decentralization from 1 to 20. If this is enough to make USA uneasy, the country believes in the saying "Make America great again"
Ethiopia is required to always be at 10th position of global economy by non-media standards. Media standards are less important than non-media standards, that is simply it.
Abynsia and Afrikka are ethncity names that have originated in "Africa" only 10 years ago. It is easy to tell because Afrikkan language was made only 10 years ago. Abynsia ethnicity is about becoming bright. While Afrikka ethnicity is about language.
I've just found out from a German that Brazil and Russia are better in the digital World than Germany. They still use fax for example. It was very shocking for me. Good luck for us. Greetings from Brazil.
There are only 2 sovereign countries in "Africa"/Afribynsia. Abynsia and Africa. The Capital city of Abynsia AddisAbeba/Adisa Ketema. The Capital city of Africa is Johannesburg/Mandel "city" translation in Afrikaan.
Sorry! Abynsia and Afrikka are new ethnicities that were founded around 10 years ago. It is easy to tell because Afrikkan language was made only 10 years ago.
Yes, perhaps it is more appropriate as a definition; after all, "blockchain" is a subset of DLS systems. Let's wait to hear some details as soon as possible.
Hello, I heard that a Canadian who is not an economist has published a new concept for central banks which seems to represents a paradigm of monetary economics. The proposed overall concept can theoretically redirect global economic growth toward renewable energy to reduce our carbon footprint to one Earth while protecting more than 8 billion people. Apparently a University in the USA is trying to create a general equation of this concept in order to integrate all the countries into a simulation model which will be validated by a supercomputer. This structure seems revolutionary by granting very powerful tools to central banks in order to work with governments to better meet the needs of populations.
That sounds intriguing! We're hopeful about its potential and cautious about its implementation (by the USA). If you have more details, please share. We're keen to learn more.
@@ThinkBRICS The essay is endorsed by a University in Switzerland and I do not believe that this project is aimed at the USA but rather at the whole world, if the university succeeds in creating the equation and the simulation, the results will probably be published in the form of a scientific article. If I have any further news, I will let you know. Is it possible to have your email?
