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1788, Bitcoin Kiyosaki, Bond Crash, brics, China, Depression, ftx, Kiyosaki, reserve currency, Russia, Sam Bankman-Fried, Trump, US dollar hegemony, USD hegemony, voyager, Voyager Digital
BRICS Currency Meant to Compete with USD, Trump Warns of Depression as Kiyosaki Predicts Bond Crash, Waiting to Buy Bitcoin – Bitcoin.com News Week in Review – The Weekly Bitcoin News
BRICS nations have revealed they are “creating an international reserve currency” which analysts believe is intended to challenge the US dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Furthermore, Donald Trump warns of a depression in the US, author Robert Kiyosaki, Rich Dad Poor Dad, says we are in for the “biggest bond crash” in over 200 years, and FTX CEO Sam Bankman-Fried says he is ready to deploying “hundreds” of millions beyond what we have so far” to help digital currency companies. Tune in for another Bitcoin.com News Week in Review.
Targeting US dollar hegemony: Russia, China and the BRICS nations plan to create a new international reserve currency
While inflation data in Europe and the United States rose significantly higher last month, Russia and members of the BRICS countries revealed that leaders of the five major emerging economies are in the midst of “creating an international reserve currency.” Analysts believe the BRICS reserve currency is intended to compete with the US dollar and the International Monetary Fund’s (IMF) Special Drawing Rights (SDR) currency.
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Donald Trump warns US economy faces ‘much bigger problem than recession’ – ‘We’re getting a depression’
Former President Donald Trump has warned that the US economy is facing “a much bigger problem than recession”. Noting that “We want a depression,” he emphasized, “We’ve got to get this country going or we’re going to have a serious problem.”
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FTX to help Voyager customers, CEO says firm willing to deploy ‘hundreds of millions’ to help crypto industry
The founder and CEO of leading exchange FTX, Sam Bankman-Fried, has offered to provide early liquidity to Voyager Digital’s clients, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried discussed the crypto industry with CNBC in an exclusive interview, noting that he was willing to deploy “hundreds of millions beyond what we have so far” to help digital currency companies affected by the downturn in the crypto market.
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Robert Kiyosaki Warns of ‘Biggest Bond Crash Since 1788’ – Waiting to Buy Bitcoin at Lower Price
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned of the “biggest bond crash since 1788”. He stressed that the “real problem” is in the bond market, which is “40 times bigger” than the stock market. He is waiting for the price of bitcoin to fall further to buy something.
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Do you think the BRICS nations will succeed in creating a new international reserve currency? If so, will it challenge US dollar dominance? Be sure to let us know in the comments section below.
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