Economic Shifts: BRICS vs. G7

This chapter analyzes the rising GDP trends of BRICS nations compared to the declining GDP of G7 countries, exploring their implications on global currency dynamics and economic power. The discussion highlights the increasing importance of the yuan, the role of dollar-denominated debt, and the complexities surrounding de-dollarization. Additionally, it examines the significance of gold as a financial hedge and shares personal insights from a visit to Turkey during hyperinflation, showcasing local adaptation strategies.