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Investment Analyst Warns Successful BRICS Currency Could Hurt US Living Standards

Investment Analyst Warns Successful BRICS Currency Could Hurt US Living StandardsInvestment analyst Jon Wolfenbarger has warned that a successful BRICS currency could hurt U.S. living standards and “lead to less power for the U.S. government, similar to the weakening of the UK after World War II.” He stressed: “Due to the Russia-Ukraine war and China’s continued economic growth, the BRICS are accelerating plans to take […]

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Success of BRICS Would Hurt US Living Standards and Diminish America’s Global Standing: Ex-JPMorgan Executive

Success of BRICS Would Hurt US Living Standards and Diminish America’s Global Standing: Ex-JPMorgan Executive

Veteran investor Jon Wolfenbarger says that the success of BRICS could have serious effects on the US dollar and the living standards of Americans. Wolfenbarger, a former investment banker at JPMorgan and Allianz, writes in a new article for the Mises Institute that throughout history, all empires have ultimately failed, and the US likely won’t […]

The post Success of BRICS Would Hurt US Living Standards and Diminish America’s Global Standing: Ex-JPMorgan Executive appeared first on The Daily Hodl.

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