ilmscore | BRICS Expansion: A Shift in World Power?

BRICS Expansion: A Shift in World Power?

Published: 2024-11-03
Status: Available | Analyzed

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
BRICS Pay is targeted for full rollout to all BRICS members by the end of 2025.
"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 Payment System
Pending
BRICS Pay is expected to have a full rollout within the next two years.
"taken together this suggests a full brics pay rollout in the next couple of years"
BRICS Payment System
Pending
The New Development Bank plans to spend $10 billion of its $12 billion fund over the next year.
"Dilma expects 10 of this 12 billion to be spent over the next year alone"
New Development Bank Loans
Pending
The BRICS Bank aims to issue at least 30% of its future loans in non-USD currencies.
"the brics bank is aiming for at least 30% of its loans to be issued in non-usd currencies in the future"
New Development Bank Loans
Pending
13 countries are being considered for future BRICS membership.
"13 countries are now under consideration for future bricks membership"
BRICS Membership
Pending
The value of the US Dollar will gradually erode to the point where all countries can easily repay their USD loans.
"The gradual erosion will continue to the point that all countries can easily repay their USD loans"
US Dollar
Pending
A commodity-based economy is predicted to eventually become stronger than the USD economy.
"eventually this commodity-based economy will be stronger than the USD economy"
Commodity-based Economy
Pending
Commodity prices are likely to continue rising due to the growing middle class in the Global South.
"it is likely given how many people in the global South are entering the middle class"
Commodity Prices
Pending
Commodity markets are entering a historical cycle that suggests a significant bull market is imminent.
"commodity markets follow a historical cycle which suggests we're about to see a huge commodity bull market"
Commodity Markets
Pending