PBD Podcast George Gammon Reacts To Trump CNN Town Hall Appearance | Ep. 268 | Part 2
May 16, 2023
In this discussion, guest Ran Neuner, a cryptocurrency expert, joins Patrick Bet-David and George Gammon to dissect Trump’s controversial CNN town hall. They delve into the implications of a potential U.S. dollar collapse and examine the rise of BRICS nations versus the G7. The trio explores Elon Musk’s unconventional hiring practices and the backlash faced by brands like Bud Light. They also warn about the risks of Central Bank Digital Currencies and share insights on corporate influence in media and consumer sentiments.
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De-dollarization Process
- De-dollarization is happening, but it's a slow process.
- A viable alternative to the US dollar is needed for complete de-dollarization.
Reserve Currency Transition
- The British pound's decline as a reserve currency started in the 1920s.
- A global reserve currency isn't implemented by decree; it's a bottoms-up process linked to economic growth.
G7 vs. BRICS GDP
- Ran Neuner saw a chart comparing G7 and BRICS GDP.
- BRICS GDP is growing while G7 GDP is declining, suggesting a potential shift in economic power.