BRICS Expansion Has Rattled the Western Financial System.

#dollar #interestrates #stockmarket

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Today we will look at why, in my opinion, the announcements surrounding a BRICS gold-backed currency and BRICS expansion have rattled the U.S. treasury market and the whole Western financial system.

In this report, I will go over some indicators that lead me to believe that the cost of living for us in the West will continue to rise as interest rates or more exactly bond yields continue to rise.

The most important aspect of BRICS expansion is the fall in demand for the dollar and other fiat currencies and this, of course, will lead to currency debasement.