ilmscore | You Won't BELIEVE What The BRICS Are Planning!!

You Won't BELIEVE What The BRICS Are Planning!!

Predictions from this Video

Total: 31
Correct: 15
Incorrect: 12
Pending: 4
Unrated: 0
Prediction
Topic
Status
A 145% tariff on China was pending and had its relief extended by 90 days on August 12th.
"On the 12th of August, Washington and Beijing agreed to another 90 days of relief from the pending 145% tariff rate."
US-China Trade Tariffs
Incorrect
The temporary reduction in US-China tariffs was extended until November 10th.
"In August, this arrangement was extended for a second time and will now be in place until around the 10th of November."
US-China Trade Tariffs
Correct
A decision on whether to implement the 145% tariffs on China was expected on November 10th, with the possibility of postponement or implementation.
"So all eyes are now on the 10th of November when we'll either see Trump kicking the can down the road again, which just about everyone is hoping for, or pressing the red button and finding out what it does."
US-China Trade Tariffs
Pending
The implementation of 145% tariffs on China would result in a loss of $500 billion in annual trade with the US.
"If those 145% tariffs hit, it is a death sentence for China's $500 billion in annual trade with the US."
US-China Trade Tariffs
Incorrect
China's domestic market, supported by a growing middle class of 400 million people, has been developed over the past decade.
"China has been building its domestic market for over a decade now. Their middle class is 400 million strong and growing."
China's Domestic Market Growth
Correct
Indonesia became the 10th member of BRICS.
"And they just welcomed Indonesia as member number 10."
BRICS Expansion
Correct
Future actions by the US administration could prompt allies to join BRICS, with hypothetical examples including invasions or annexations.
"And who knows what he might do next that could send US allies googling how to join bricks. You know, like invading Venezuela or annexing Greenland or something."
Potential Future US Actions
Pending
US and China extended a 90-day tariff relief period on August 12th, delaying a potential 145% tariff.
"On the 12th of August, Washington and Beijing agreed to another 90 days of relief from the pending 145% tariff rate."
US-China Trade Tariffs
Incorrect
The existing US-China tariff arrangement was extended for a second time, valid until November 10th.
"In August, this arrangement was extended for a second time and will now be in place until around the 10th of November."
US-China Trade Tariffs
Correct
The Power of Siberia 2 pipeline deal, after years of negotiation, was resolved.
"The Power of Siberia 2 pipeline deal stuck in negotiations for years suddenly got unstuck."
Power of Siberia 2 Pipeline
Correct
The 145% tariff on China was postponed by 90 days from August 12th.
"On the 12th of August, Washington and Beijing agreed to another 90 days of relief from the pending 145% tariff rate."
China-US Trade Tariffs
Correct
The Power of Siberia 2 pipeline is projected to deliver 50 billion cubic meters of Russian gas to China annually via Mongolia.
"That pipeline will pump 50 billion cubic meters of Russian gas to China every year through Mongolia."
Power of Siberia 2 Pipeline
Pending
China's CIPS has become operational, facilitating dollar-free transactions between Moscow, New Delhi, and Tehran.
"China's central bank's crossber interbank payment system recently went live with real dollarless transactions flowing between Moscow, New Delhi and Thran."
Cross-border Interbank Payment System (CIPS)
Correct
The temporary tariff reduction between the US and China was extended until November 10th.
"In August, this arrangement was extended for a second time and will now be in place until around the 10th of November."
China-US Trade Tariffs
Correct
The Power of Siberia 2 pipeline deal, previously stalled, has been finalized.
"The Power of Siberia 2 pipeline deal stuck in negotiations for years suddenly got unstuck."
Russia-China Energy Deal
Correct
The outcome on November 10th regarding US-China tariffs is uncertain, with possibilities of further postponement or implementation of tariffs.
"all eyes are now on the 10th of November when we'll either see Trump kicking the can down the road again, which just about everyone is hoping for, or pressing the red button and finding out what it does."
US-China Trade Tariffs
Incorrect
The Power of Siberia 2 pipeline is projected to transport 50 billion cubic meters of Russian gas to China annually.
"That pipeline will pump 50 billion cubic meters of Russian gas to China every year through Mongolia."
Russia-China Energy Deal
Pending
The Power of Siberia 2 pipeline gas will be priced exclusively in rubles and yuan, excluding the US dollar.
"This time though, the gas pipe to China will be priced in rubles and yuan only, not a dollar in sight."
Russia-China Energy Deal
Correct
A 145% tariff on China would result in a loss of $500 billion in annual US-China trade.
"If those 145% tariffs hit, it is a death sentence for China's $500 billion in annual trade with the US."
US-China Trade Tariffs
Incorrect
Tariffs imposed by Trump have accelerated de-dollarization more effectively than BRICS' efforts.
"In about six weeks, Trump's tariffs did more for de-dollarization than BRICS had accomplished in years of summit declarations."
De-dollarization
Incorrect
Indonesia has joined BRICS as the 10th member.
"And they just welcomed Indonesia as member number 10."
BRICS Expansion
Incorrect
The dominance of Western financial systems (SWIFT, dollar clearing) is vulnerable if major powers develop and utilize alternative systems.
"But that monopoly only really works if everyone needs to use it. The moment major powers start launching workarounds, the game is up."
De-dollarization
Correct
Malaysia, Thailand, and Nigeria have become partners of BRICS.
"Malaysia, Thailand, and Nigeria signed on as partners."
BRICS Partnerships
Correct
China's cross-border interbank payment system has become operational, facilitating dollar-less transactions between Moscow, New Delhi, and Tehran.
"China knows this and that's why their central bank's crossber interbank payment system recently went live with real dollarless transactions flowing between Moscow, New Delhi and Thran."
China's Cross-border Payment System
Correct
US economic coercion against India, through tariffs, proved ineffective, leading India to strengthen ties with China and Russia.
"But this time with India, it just flopped. They got the tariff treatment and flew straight to Beijing to break bread with Xi and Putin."
US Economic Coercion Effectiveness
Correct
China's new development bank has $50 billion available for deployment.
"China's new development bank has $50 billion in capital ready to be deployed."
China's Development Bank
Correct
Future actions by the US administration, such as invading Venezuela or annexing Greenland, could prompt US allies to seek membership in BRICS.
"And who knows what he might do next that could send US allies googling how to join bricks. You know, like invading Venezuela or annexing Greenland or something."
Potential US Actions
Incorrect
There is a pending 145% tariff on China that could potentially be implemented.
"What happens if the pending 145% tariff on China actually comes into effect."
China-US Trade Tariffs
Incorrect
A 145% tariff on China would result in the cessation of $500 billion in annual trade with the US.
"If those 145% tariffs hit, it is a death sentence for China's $500 billion in annual trade with the US."
China-US Trade Tariffs
Incorrect
Indonesia has officially joined BRICS as the 10th member.
"And they just welcomed Indonesia as member number 10."
BRICS Expansion
Incorrect
Future potential actions by the Trump administration, such as invading Venezuela or annexing Greenland, could prompt US allies to seek membership in BRICS.
"And who knows what he might do next that could send US allies googling how to join bricks. You know, like invading Venezuela or annexing Greenland or something."
Trump Administration Potential Actions
Incorrect