Capitalism Hits Home: BRICS & The End of US Dominance
[S06 E09] BRICS & The End of US Dominance
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In this episode of Capitalism Hits Home, Dr. Fraad discusses the decline of the American empire, both globally and domestically. After WWII, the US was the only industrialized nation that stood strong, helping it ascend to global dominance. Today, however, the world order is shifting. The BRICS economic alliance (Brazil, Russia, India, China, and South Africa) is extremely powerful and widespread, with over 19 more countries hoping to join the alliance. The US dollar is losing its primacy and our country is steeped in debt. Internally, poverty is ever-increasing, corruption is normalized in our politics, and our wealthiest individuals and corporations don’t pay taxes. How did we get here? What can be done? Dr. Fraad tackles these questions and more.
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My favorite person to make me feel better about living under this terrible, awful, dreadful Capitalist system. You recognize how difficult it is for us.. the working class. Thank you!!
The politicians have their own agendas.
AMERICA IS MYSTERY BABYLON “WRITTEN” ON HER “FOREHEAD” ~ MAGA “Conform no longer with the pattern of this world, but be transformed by the renewing of the mind.” The Holy Bible
Same way black people felt guess it hits harder
You want to live under communism? Really? Go ahead, Cuba and Venezuela are close by.
What a brilliant union you and your husband have. It makes us all fortunate.
BRICS wants to build a new currency. It is also worth noting that gold has historically been used as a store of value and a means of exchange, and some countries still hold significant amounts of gold in their reserves. However, it is unclear how a new currency backed by gold would function in the current global financial system and whether it would gain widespread acceptance. Ultimately, any decision to create a new currency would be subject to numerous economic, political, and logistical considerations.
It's interesting to learn more about the discussions and proposals around BRICS nations and their potential use of gold. There are several reasons why people may choose to buy gold, including its historical use as a store of value and means of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Additionally, gold can offer diversification benefits to investment portfolios, as it tends to have a low correlation with other asset classes like stocks and bonds. However, it's important to note that investing in gold carries risks and may not be suitable for everyone. and investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any decisions.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with "Julia Ann Finnicum" a financial consultant regulated by the SEC, and started small, but eventually accumulated almost $1 million.
@@edward.abrahamHow can i reach her, because I’m seeking for a more effective investment approach on my saving.
@@Believer292Julia Ann Finnicum” maintains an online presence. just make a simple search for her name online.
@@edward.abrahamThanks for sharing this.I just looked her up on the web and your advisor looks advanced and experienced. I will write her an e-mail shortly.
Thank you Dr. Fraad for your insightful analysis, it does not go unappreciated!
Insight? She is just a master manipulator. Capitalist corruption but never mentions Fauci. Lenin warned against these fake communists
❤thank❤🌹🙏 you, Dr. Fraad! Only the blind don't see where US is heading - off the cliff and into the abyss😢😢😢
Perhaps you should replace usa with whole world.. True Armageddon is near .. Personally i have many American friends ,as an indian i can say Americans are nicest people but government is as bad as ours who are playing only power game. Here our military budget is increasing day by day ..billions of dollers are spending in military to protect politicians ..but secrecy is so high that no one can able ,you can say fear army personnels ...
Dr. Fraad, you are the one I love to listen to also. A voice filled with truth, and an esteemed woman filled with such tenderness and compassion of strength as you explain these horrendous atrocities that has been happening here in America. With the deepest appreciation and admiration for your wisdom, I thank you. ❤
It's ok to bad mouth capitalism but we must be even handed and also bad mouth communism. The solution is a mixed economy practicing liberal values and a democracy.
Absolutely well done dr Fraad, cool, clear cut facts with no histrionics, you are well worth watching. Thankyou.
Real and true voice of americans 👍🏻 all politicians should listen to.......
I love the statement - 'the best democracy that money can buy' probably denotes the biggest problem for the majority of people living in the US
The politicians won't listen. They're beyond listening. They need to be kicked out of power...
True. But there is something very deeply wrong with many, many average Americans today, too. Example... I was driving home last night, when I tried to pass a large red pickup on a stretch of road with dashed lines (which means it's perfectly allowed), and the pickup stepped on it, so that I couldn't pass and so that I could have very well crashed into oncoming traffic (and at night, when visibility is lower). It was attempted murder. The guy driving the pickup had zero concern for killing another human, and was even trying to kill someone (me, though obviously not personal). Again, there's something very, very, very wrong with a great number of average Americans. When I was younger, I thought people were basically good. But the sum of my life experiences has shown that they're basically selfish (if not mentally deranged, as lots are--as the pickup driver was), and therefore basically bad.
Ya, I see it too. A lot of people have been isolated since COVID and continue to self isolate in a tech society. It's better to be humble and walk away. People are dealing with depression, aggression and anxiety. America isn't getting any time better. Defend yourself and family, pray 🙏 and be humble.
@@SteveChavez-zp2oz That's a good attitude, thanks. Hard to walk away when they're trying to murder you though...
Truth is secondary to comfort.comfort Is our bubble once we find out about our bubble were forced to stay there. If someone challenges our bubble, their labeled fake news, mis-info, dis- info. 📰 🗞️ Watching and scrolling 📰🗞️📰. We're encouraged to stay in the bubble. This has happened with repeated conditioning of violence and u lawlessness. I assure you there is still a law and it will be enforced by those few brave people.
BRIC'S isn't helping matters. According to some analysis, the United States and other regions of Europe may have a recession in 2023. Because china and emerging countries frequently grow faster than more developed economies, a global recession, which is defined as a decline in annual global per Capita GDP, is more uncommon. Fundamentally, if economic growth lag's behind population growth, the global economy is said to be in recession.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best time to purchase and sell the shares or ETFs you want to acquire.
@@RobertCharles1 I will be glad if you can recommend your financial advisor to me.
@@JeffreyGary8 My financial advisor is 'MARIAM SANDRA MILNER'. I found her on a CNBC interview where she was featured Afterwards I reached out to her. she has since then provided me with entry and exit points in securities I focus on.
OR BRICS is helping the rest of the world by putting the boot to american greed
U R AN ANGEL. KEEP UP UR GOOD WORK.
It's so sad 😞 we are going through all of this Why can we live in peace
That’s what the rest of the world is trying to do. You see there’s this one empire that robs the rest of humanity of its resources and labor. This empire has an excess of the worlds dainties and riches, and it has had them at the expense of everyone else’s hard work, sweat ,blood, and tears. Well, everyone else is tired and angry. They no longer are content with this brazen robbery. The playground children are uniting against the bully. Their common enemy. You see your “peace” for so long has been, to the world, suffering. Your “peace” came at the sacrifice of ours. But what the empire fails to realize is, its prosperity, came at the expense of its future peace…
Capitalism
Why can't b ppl live in peace without kkk and kkk cops? Now u ppl asking for peace during your demise? America is falling because you ppl made God angry for your racism
God gave your race a chance to repent but they steady turn men into females which is against God's will. America is Babylon the GREAT
Because of the right-wingers -- both the working-class, right-wing fools and the wealthy-class, right-wing knaves -- who will never willingly give up their addictions. That's why.
Dr Fraad As an American, I am saddened that we have millions of scholars like you and only a few have the courage to tell the truth about our government. We need all the scholars to lead us to fight our government from lying to us. We need all the scholars to lead us to put dishonest politicians out. Then again…our government is compromised already from the Justice System to Judiciary System to the lowest system level…I guess…we Americans will always be Americans which is living in a dream of “living the American Dream” so comfortably that we pretend that the rest of the world is still in our grasp… Bad New China is as strong as the US if not stronger. Bad New The rest of the world is ditching us left and right. We are spending BILLIONS dollars and still more to come to Ukraine for a conflict that isn’t our concern whereas we have millions of homeless, a 5 years old kid would understand that Billion Dollars divide by Millions of homeless is equal to NO HOMELESS.
It is the same for many countries with many intellectual illiterates but few thinkers.
American slavery never finished it went into a credit card system brainwashed population living in a dream world
@@UnusualEra USA only interested to make money out of every other countries. Anyone of them objecting will be in great danger. Gaddafi and Hussein was killed for wanting to use gold or other currencies instead of USD, but US made excuse that US have to kill them as if they are a terror to the world.
@@UnusualEra Few with a heart
It is bad America against the good rest of the world 😂
Can you imagine being a therapist having to deal with the fallout of a failed and dysfunctional economic system such as ours? WOW! That must be very frustrating and seemingly futile! Kudos to Dr. Harriet. I’d buckle I think. Uffff
When the BRICS Currency is fully accepted - first they must have one. And the dollar-dept outside the US is huge, and to get out of the $ the $-debts first must be paid, which will push the demand for $ further. Check out the inflation rate of the BRICS-Countries and specially of the countries, that announced wanting become part of the BRICS. "Want to do" and "able to do" are not the same thing.
No more war I pray, with the Russian Ukraine crisis, all markets have gone wild. This is the riskiest time to invest! Most expensive market ever, most leverage in market ever, interest rates rising, inflation nightmare, and war!
Expensive true if you are holding the bag like me, if you are fully invested and have taken a hit you gotta pay the ultimate price, what can you do about it?
You can properly diverse your portfolio now. If you didn’t close your positions, you might not be safe and if you did inflation will devalue your money. Consult with a financial advisor, the markets are crazy enough to make a lot of profit likewise a lot of loss.
@@lowcostfresh2266 I agree, where can one find a qualified, reputable one? I stay in New Mexico I can hardly get any of them here to answer questions.
@@TomD226 I work with Laurel Dell Sroufe a retirement planner and independent broker in NY, who grew my down position of 250k to 438k in 6 months outside my traditional IRA and on a brokerage, the model uses defensive strategies to keep track of funds that we have set aside.
Dr. Fraad, very interesting analysis of the state of US now. Your attitude of compassion and concern for the poor and needy deserves great respect.
God Bless You and your efforts. Please keep up your good work. BE SAFE.
I was wondering when you were going to talk about BRICS im glad somehow you knew
I thank you, Dr. Fraad for every one of your words & for spreading your knowledge & wisdom.
FYI I know how the expression "our own backyard" is used in English but still, 99% of people in Latam absolutely HATE IT when americans call Latin America "their backyard".
I totally agree With you. We definitely hate being adressed as such.
The whole world is America's backyard. In the opinion of America.
A point with mass shootings: while gun legislation would bring down shootings by a lot, it doesn’t tackle the root of the vast majority of shootings, as most are crime & gang related. And what causes crime and gang violence? Yup, crippling poverty, inequality, lack of opportunities, and no education or support systems & so on (i.e.: unbridled capitalism).
Gangbangers aren't shooting up schools churches and grocery stores. Drug dealers typically shoot at other criminals. The gun problem isn't remotely about gangbangers and the typical criminal. There have been gangsters and criminals in America since it's inception and there wasn't this much gun violence. The vast majority of these shootings are actually the fake 2A crowd who typically operate out of the human rights violating concept of racism. Those same folks are ok with felons who shouldn't be armed having guns as long as they're white. I live around these people so I know this. We can't fix the problem because we keep thinking it's everything else but them. Your false narrative is part of the problem
A lot more people would die under communism. Just think what happens when everyone is poor and desperate.
When China built infrastructure abroad, the US built military base abroad. When China spent millions and billions of money in its own high speed rail way and led 100 million people out of poverty, the US spent millions and billions of money in its army. That is the difference!
Unfortunately, the US took the WW2 mentality to its hegemony, and now they will destroy themselves because they think they would be invaded someday. "Whoever sows to please their flesh, from the flesh will reap destruction; whoever sows to please the Spirit, from the Spirit will reap eternal life." Galatians 6:8 NIV
@@mcmiteriobeautiful scripture
We gave Ukraine over $100B, not $100M!
We gave Ukraine over $150B, not $100B!
Not fair for US's taxpayers!!!
@@poonsrisrethaphakdi5776 Oligarchy be like: Do NOT question us! Know your PLACE!!! People be like: We know how to build guillotines. Cough up the cash that we created. Don't lose your head over it. People's kids be like: LOL!
@@kevinschmidt2210 my congratulations and condolences, sleepy Joe played the whole American population. Now he's slowly replacing the already zombified American population by Ukrainians, Mexicans, you name it. As far as I'm concerned, I'm ready to jump ship anytime and I'm happy that brics is taking over the dollar, no more unfair sanctions against other countries
@@poonsrisrethaphakdi5776 Hey.... american military industrial complex need to make FAT PROFITS So is either Ukrainian soldiers who die in war or American soldiers who die in war. either way... there must be a war for them to make FAT PROFITS
I appreciate Dr. Fraad stopping to correct and clarify what she which figure applied to the definition she gave. It's minor, but like I said, I appreciate it.
Global use of the US Dollar has dropped 20% in the past year. The US Treasury and Fed can absorb that by reducing the amount of dollars they create, selling more US Securities, and raising taxes on the rich. Unfortunately, if shrinking dollars continues for the US, the GNP also shrinks. Eventually, a devaluation of the Dollar will take place. Then, all hell breaks loose in the US!
Dear Dr....the matters you share have become institutionalized and systemic at every level of American Society....hard things to root out....
A greatly illuminating lecture to open up the minds of the misinformed masses of peoples.
Thank you for this wisdom and truth. I will follow you and share. You are the only one that I have found who speaks like this. Thank you for your leadership. 🙏
Thanks!
Thanks for the generous support, Charles!
@@democracyatwrkyou’re beautiful!
They always choose money thank you dear professor for opening our eyes!.
I loved the presentation. I will definitely be watching in the future. If you or anyone would indulge my curiosity, what is the evidence of Ukraine losing the war? I might be out of the loop, so please be gentle.
Great to see an American person so well-informed. Congratulations on your insights/analysis.
Thank you for your message ❤
I truly hope BRICS works out. The US, UK, EU, Canada, Australia, South Africa and New Zealand have theirs.
South Africa is part of BRICS.
Hooray! Our government's deadly genocidal sanctions shall be no more. This has been a long time coming. But I'll confess that I'm more than a little terrified of how this will impact me personally, and everyone I know and love.
thank you for everything that you do!
16:35 key point and the entire enchilada IMO. It’s the idea of “why do people do what they do”. Do they compete for prizes or cooperate to solve problems? Dr. Harriet is the only person talking about this it seems and have to say she may even make more sense than R.D. Human psychology is the place we need to go to unwind our troubles. Like Jung says, psychology is the mother of all other sciences and spiritual thought as well.
A knowledge that is lacking from our media, educated elites, and so-called religious leaders. Thanks for the information.
MY SUGGESTION TO THE USA AND ITS PEOPLE is to realize the end of its Empire is near, and the way to lessen the pain is to accept it, and develope a process of changing from being an Empire, into being a well-to-do country, without all the expense of having so many military bases all over the world.
Looks like the US dollar is going to see some competition. Competition is always a good thing, but it will not be good for the USA. We will just see more inflation down the road as a result of these changes, and shortages of goods.
Thank you ❤
Look forward to hearing more from you!!
Excellent!!
Dr Fraad, I have just discovered you....videos are very informative. I will be watching one after the other. You speak very well too. Thanks very much I am from South Africa.
I'd love to meet this lady---no flash... just tells it like it is....helping us all deal and connect the dots---
Great discussion Doctor Faad. I'm an instant fan!
Believe it is 19 countries that want to join BRICS not 12
I think 7 already belong.
Goodbye dollar 😭😭😭😭
@@ceeaii618 Not for a long time. The US can cut back on the money supply as more countries abandon the dollar. That will keep the value of the dollar stable. However, the US economy will have to grow.
@@kevinschmidt2210 then good luck with sleepy Joe and cumala hoerris 😂😂. The US has become a laughing stock of the entire world and leaders of other countries are joining forces with Putin
@@kevinschmidt2210 but the money printing bonanza will come to an end. the good side is that americans will have to make stuff again and have some real jobs.
Peace no War!🙏
😂 salo okraine
Thank you for this knowledge.
Thanks for posting this video. Very enlightening
Thank you for your very important message. I wish more and more people wake up to the facts that America is and has always been an imperialistic country who has sacrificed its citizens health and life in too many ways, while pursuing power, profit and self interests. People need to rise up and NOT accept it! We need the activism we saw in the 60s and 70s and until we get real, strong push back from a large contingent of our population NO change will happen until its just too late.
I showed my wife Dr Fraad and she was very impressed.
Thx you, great lessons
Wouldn't it be so cool to hang out with the drs. Imagine the great conversation 😎 ❤
Thank you, greetings from Sweden
Great talk. Really appreciate the insight
Congratulations
Thank you Madame 🙏🏿
Great post Doc! Thanks for speaking the truth...
Listening From Africa , Good luck to you guys
Thank you 🌎✊🗽🌹
Very well explained!
Wonderful analysis!
Thanks.
Powerful message
Ty 4 educational info ❤
Thank you for your content. This is nothing but the truth!
Thank you so much for carage you are telling the truth though the truth pains your analysis is real
Love this lady.😊
More videos like this are required
Excellent commentaryGod bless you
People including myself don’t understand the logic behind a currency having“value”. Perhaps that points to why things are the way they are.
7:15 I seriously doubt the United States will allow Nicaragua to join BRICS. Panama and Nicaragua are both critical for US interests, because, without a canal through Central America, the Pacific Fleet is all but Cut off from the Atlantic Fleet. As Recently as 1989, the United States invaded a Sovereign Country (Panama) specifically to ensure that a reliable and accessible canal through Central America remained available. If Nicaragua tries to join BRICS, I guarantee you the United States is going to decide to go bring some "Democracy" to the Nicaraguan people.
America can no longer bully nations. So keep dreaming. White supremacy's time is up.
But USA cannot stop Cuba for joining BRICS
Amen to all that. The US can't do shit, they'll sanction and blockade, but to invade they'd need to cut down in the funding towards Ukraine and south Korea. They literally can't afford it, or win any wars at all. Their only plan is going nuclear, but it won't. Not long enough, at least. Brazil and Argentina have rejoined Unisouth(Unisul) and are negotiating an unified currency, in the first week of Lula's government, it allowed the docking of 2 Iranian warships against the US's orders. Nicaragua has been historically a great ally to Lula in his first and second term mandates, as has Venezuela. Lula will likely pay Nicaragua and offer economical protection to have it in BRICS+ and Unisul. World War 3 would(is about to) ensure the end of capitalism and the dawn of international communism, which is inevitable. There are simple strategies that are irreversible and unstoppable; that would completely destroy the bourgeoisie. I'm honestly more afraid of Disney than the Grander US's Empire and NATO. Remember that north Korea is basically a defense Tower for China and has been at war with the US since they invaded the south and declared it sovereign. Seriously, the us can't do shit They could either threat nuclear or instate a fascist coup and hold every person as compliant hostages by their data. They don't want to invade Nicaragua, believe me And even if they destroyed civilization, either with nuclear bombs or fascism; communism would still take over as soon as possible. They are actually panicking at the sound of every step Lula takes. As they should.
But it will be a big failure may be dead end of usa.. may be usa will not exist if usa pick any nose, bcz china RUSSIA india already are genuinely three superpowers in one side.. i see how much chinese indian friendship exists ..they fake their war to fool west.. it's very sad reality.. usa's politicians should change there policy from eurocentric views and be a country of east, not west..only solution..most of Americans hate Europeans.. we need to hate greedy Europeans..usa is a good country with good people..usa never supported colonialism but usa's fault was to support Europeans- biggest blunder.. Upto when usa was Europe's enemy and china russia latin Americans africans friend, till then usa was successful..when it shifted to Europeans it's downfall began ex - Vietnam Afghanistan loss, syrian loss... We need to be an eastern nation , not western.. Australians are much influenced and protected bcz it's not eurocentric ,it's india china asia oriented.. Politicians just like dumb sleepy joe should listen..otherwise communist revolution is needed in usa..
thanks
Wow! an informative presentation indeed. I would like to be added to your mail list.
One of the main risks associated with a gold-backed currency is that it can limit a country's flexibility in monetary policy. Because the currency is backed by a fixed amount of gold, it can be difficult for a country to adjust the money supply to meet changing economic conditions. This can lead to economic instability if the supply of money becomes too tight or too loose. Another potential risk is that a gold-backed currency can contribute to hoarding and speculation in gold. If individuals and investors perceive that the value of gold is likely to increase, they may hoard it or speculate on its price, leading to volatility in the gold market and potentially contributing to economic instability. Finally, a gold-backed currency can make a country vulnerable to external shocks and fluctuations in the global gold market. If the price of gold declines significantly, a country with a gold-backed currency may be forced to devalue its currency or risk economic instability. Overall, while a gold-backed currency is not inherently capable of collapsing nations, there are some potential risks and drawbacks associated with it that could contribute to economic instability and even the collapse of nations under certain circumstances
I woke up last year when my retirement money disappeared. My bad should of been protecting my wealth. You'd be surprised how much our politicians don't know, not to mention the Fed. Maverick of wallstreet is fun to watch. Protect your wealth before the money grippers come. Today is not capitalism its crony capitalism. Real one died in 1990's when we shipped jobs overseas.
Super
Thank you Dr. Fraad for sharing your insight. I learn things new from your talks. I want to support your organisation by making a donation in the amount of HK$500. Pls tell me how can I make it done.
Am from India, Great courage pity it will be late when today's generation realize
Don’t just blame the government , we have to take responsibility ourselves , we want cheep goods , we want super wealth , big houses as much money as we can have the thing now is to not play the blame game. Let’s come up with solution these messages are ok , we should spend more time coming with solution , put those critical thinking skills to work instead of being divided.
Oh, a sane voice from America. How refreshing.
Very scary!
BRICKS hit home ✌🏾
love you
Blessed is the Nation whose God is Lord
Thank you , you're angel from God
He's going to really like his new home at the adx in Colorado
800 million people lifted out of poverty?! Just wow! We don't even have half of that population.
Remember the travel book "Europe on 10 Dollars A Day"? Big thing of (U.S./Canadian) kids traveling around Europe.
Thanks for your humility statements about what is supposed to be done for humanity, unlike the current worldly corrupt money centered leadership.
Great video coverage 💯 The evil that men do!
Breath mama, we are still looking forward for your breath
Great message! You should also try the counter the warmongering among the bipartisan congress and senate.
fantastic so nice and wase
Hummm !!! Time to cry
👏👏👏👏
The impartiality shown by China to the rest of the world especially to those countries having partnership to the BRI project has steady showing fruitful results.
I'm just hope that D@W will stop the slanderous talking point of calling the CPP authoritarian. China's government has 70% support. When was the last time the Congress was over 20%?
@@antimattv According to a study published in 2020 by the Ash Centre, Harvard University, 93% of the population of China expressed satisfaction with their central government (with slightly lower but still impressive levels of support for regional and local government). In 2022, the Edelman Trust Barometer reported that 83% of Chinese people trust their government and institutions. The figure for the US is 43%, and is falling rapidly.
@@arlosmith9504 There we have it. The statistic that must be known to "westerners"!