BRICS: Are They Destroying The U.S. Dollar's Dominance?

The END of the U.S. dollar? In this episode of the Swiss Money Secrets podcast, the WHVP team (Swiss wealth management experts for Americans) sit down to discuss the recent BRICS meeting, what it might mean for Americans, the value of the USD, and the position of Switzerland amid a world that is trying to shift away from the West. The episode will discuss the BRICS meeting, how the world might look moving forward, and how the current players are positioned in it. While each media outlet speculates and either pushes fear or dismisses these nations, the WHVP team discusses the situation as is and examines how it might affect the investment world and, in particular, those who are holding USD or portfolios fully invested in the U.S. Market as it highly exposed to the risk of the declining value in the Purchasing power of the greenback. 00:00 The USD is and HAS been losing value 00:28 Intro 01:16 Switzerland Grew GDP in 2022 03:44 BRICS Background 05:10 Why pay attention to the BRICS 06:35 BRICS meeting highlights 06:55 What unties the BRICS 07:40 Discussion: A counterweight to the U.S. and USD 13:00 Discussion: The fall of the West and the U.S.? 17:00 The real current threat to the USD 20:00 The position of Switzerland in the midst of the developments 22:53 Outro Appearances (from left to right): Jess Roberson, Executive Assistant Urs Vrijhof-Droese, Managing Partner Jamie Vrijhof-Droese, Managing Partner Contact WHVP: Website: https://whvp.ch/ Email: [email protected] Telephone: +41 44 315 77 77 Disclaimer: All posts and publications are for your information only and are not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in posts and publications reflect our current views as of the date of the publication and may be liable to change without notice.