It's only going to get worse. There will be a point that people say, hey, America is not a good place to invest. It's not a safe place for my dollar. And We're also seeing the BRICS. These are other countries that are trying to pool their currencies, starting with China, Brazil, Russia. Pool the resources to have an offset to the US Dollar where the reserve currency, all transactions are done in US dollars or most transactions, 70% of transactions are done in US dollars. (05:52–06:02)
CLAIM
Asserts that BRICS countries are attempting to pool their currencies as an alternative to the U.S. dollar.
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