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BRICS Summit Ends With a Bang -- And a Tease
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BRICS Summit Ends With a Bang -- And a Tease

Saudi Arabia, UAE, and Iran join the bloc. So much for the Petrodollar

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John Rubino
Aug 24, 2023
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John Rubino's Substack
John Rubino's Substack
BRICS Summit Ends With a Bang -- And a Tease
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In a nice bit of misdirection, the BRICS countries distracted the West with hints of a “gold-backed currency” at their August 22 - 24 meeting. Then, while everyone was looking over there, they did something potentially even bigger by admitting Saudi Arabia and the United Arab Emirates as members, with Iran, Argentina, Egypt, and Ethiopia scheduled for t…

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