This is a reminder in this hectic world. Nothing stays the same, nor does anything last forever.
I hate to be the bearer of bad news, but the US dollar is in serious trouble, and if you have not already noticed, we are in very turbulent times.
More and more nations are moving towards abandoning the dollar as their sole currency to do global trade and business. Thus we see the expansion of the BRICS nations.
If you have not heard of BRICS, it is an acronym for Brazil, Russia, India, China, and South Africa, which are the founding members.
The BRICS nations, which now include more than just the above-mentioned are emerging economies. China is already the number two economy and the factory of the world, which makes products for everywhere and everyone. Many other countries are waiting in the wings to join Club Brics.
The BRICS is now a geopolitical bloc that has been built more on cooperation and non-interference as opposed to the US-NATO nations which are heavily built on global militaristic interference and dominance.
BRICS is the competition, and the US and other Western countries are concerned about this threat to their hegemony and how the BRICS are quietly chipping away at US dollar primacy.
But why am I bringing up geopolitical blocs to you, a regular person? I am because they will and are affecting your pocketbook and bank accounts. It has already started. There are going to be more and more geopolitical hurricanes and tornadoes in the future.
You must be prepared if at all possible for the tidal wave of economic instability and change that is moving like a flood with moderate speed.
To do as much as possible for such change it is wise to try and save as much as you can.
Develop financial discipline and knowledge.
Life is unpredictable, and one cannot always be totally prepared for tough times, but having knowledge and doing the best one can in preparation is better than doing nothing.
BRICS will not be going anywhere, so get ready.
