BRICS Expansion: A Shift in World Power?

Published: 2024-11-03
Status: Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Prediction
Topic
Status
The US dollar will weaken over a long period as more countries de-dollarize.
"most of the world wants to dollarize and that is bad for the US dollar the thing is that this process is going to take a long time"
USD
Pending
BRICS Pay will be available to all BRICS members by the end of 2025.
"it looks like the goal is to have brics pay available to all brics members by the end of next year when Brazil will hold the bricks chair"
BRICS Pay
Pending
BRICS Pay will have a full rollout within the next couple of years (by end of 2026).
"Taken together this suggests a full brics pay rollout in the next couple of years"
BRICS Pay
Pending
The BRICS Bank will spend $10 billion on development loans over the next year (by end of 2025).
"dilmer expects 10 of this 12 billion to be spent over the next year alone"
New Development Bank (BRICS Bank) loans
Pending
The BRICS Bank will achieve its target of issuing at least 30% of its loans in non-USD currencies in the near future (by end of 2025).
"the brics bank is aiming for at least 30% of its loans to be issued in non-usd currencies in the future and Dilma revealed that it's already close to hitting that Target"
New Development Bank (BRICS Bank) loans
Pending
The BRICS Bank will add more members in the near future (by end of 2025).
"It will also add more members to the brics bank which currently consists of 10 bricks Affiliated countries"
BRICS Bank membership
Pending
A huge commodity bull market is expected in the coming years (by end of 2026).
"commodity markets follow a historic IAL cycle which suggests we're about to see a huge commodity bull market"
Commodity prices
Pending