This compilation of financial-related insights includes videos from Epic Economist, Steven Van Metre, Joe Blogs, Wealthion, and Tech Revolution.
Epic Economist shares news of 15 fast food chains being in deep, deep trouble.
Steven Van Metre talks about a disaster striking a major company which is sending shockwaves through its industry.
Joe Blogs discusses UK being in deep trouble with GDP crashing, a looming recession, debt levels hitting record highs as Sunak misses 5 pledges.
Guy Adami, Co-Founder of RiskReversal joins Eric Chemi on Wealthion for a Weekly Market Recap and provides a bold forecast for next year.
Tech Revolution shares news of Iran and Russia’s game changing moves that will change the global economy.
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Epic Economist
Dec 22, 2023
Delving into the significant challenges faced by 15 iconic American fast food chains in the wake of the pandemic and the current US financial crisis. As the economic landscape shifts and consumer behaviour changes, well-established franchises such as Subway, KFC, Burger King, and Papa John’s contend with closures, declining sales, and bankruptcy.
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Steven Van Metre
Dec 22, 2023
Disaster Strikes a Major Company Which is Sending Shockwaves Through Its Industry
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Joe Blogs
Dec 23, 2023
The United Kingdom is in the grips of a Crisis as GDP falls and Debt Levels Rise. The GDP Figures for Q2 & Q3 have now been revised DOWNWARDS and have put the UK on the Brink of Recession. At the start of 2023 Rishi Sunak made 5 PLEDGES to improve the UK Economy including increasing GDP and reducing the National Debt. In this video I look at the current situation, review Rishi Sunak’s Pledges and discuss what is likely to happen over the next 3 to 6 months.
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Wealthion
Premiered Dec 23, 2023
In this Weekly Market Recap, Eric Chemi is joined by Guy Adami, Co-Founder of RiskReversal (@RiskReversalMedia) They’ll unpack the potential of a 2024 recession, analyze global market dependencies, and provide critical insights into real estate investment trends. An unmissable episode for anyone braving the 2024 economic waves, offering bold predictions and strategies to navigate the uncertain financial landscape.
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Tech Revolution
Dec 23, 2023
So, Russia has been a driving force behind the BRICS group’s growth, and just last week, Iran’s President, Ebrahim Raisi, made a significant visit to the region. He’s currently in Moscow, rubbing shoulders with P---n, and you might be wondering, what’s the big agenda? Well, they’re talking about ditching the US dollar – a pretty bold move, right? This meeting is part of Raisi’s plan to boost cooperation within the bloc, and Russia is giving BRICS some extra attention in 2024. It’s like they’re gearing up for something major on the horizon!
Now, let’s talk about Iran’s role in all of this. These talks are definitely connected to the global move away from the US dollar. Since Russia faced sanctions, the BRICS nations have been keen on using their own currencies in global trade. Interestingly, even the UAE and Saudi Arabia, known buddies of the United States, are getting cozy with Russia. Iran, with both the ability and eagerness, seems ready to jump into this whole de-dollarization movement.
Now, Iran’s stance on the dollar is making waves. The BRICS gang is all about expanding and reducing the influence of the dollar, and with Iran joining the club, it’s like they’re making a bold statement. “We’re in to cut down on the dollar’s power in global trade,” they seem to be saying. Other BRICS nations are following suit, especially after Russia faced those sanctions. It looks like everyone’s on board to shake things up a bit!
In an exclusive chat with Iranian media, Iranian Ambassador to Russia, Kazem Jalali, shed light on the positive path these two countries are on. Economic ties are flourishing, and Jalali envisions a significant jump in relations over the next couple of years. He emphasized the global trend of moving away from concepts like globalization and American unilateralism, citing the Islamic Revolution’s crucial role in shaping this shift.
Jalali highlighted that more than 25 countries are currently under sanctions worldwide, challenging the West’s constant dictatorship narrative. He acknowledged the US’s use of the dollar globally for its own gain, causing inflation in other countries. With 60% of trade transactions in Iran and Russia now using their national currencies, Jalali sees a global shift towards de-dollarization, especially in BRICS discussions.
Now, let’s talk about P---n’s involvement in all of this. At the 14th VTB Investment Forum, “Russia Calling!”, P---n mentioned a shift from top-down globalization to a more balanced multipolar setup. Russia is gearing up for broad international economic cooperation, and there’s optimism about finding solutions to domestic issues in the coming year. Exciting times are indeed ahead!
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The talks in Moscow between the leaders of Iran and Russia seem to revolve around shaking off the US dollar globally. Those sanctions on Russia nudged the BRICS gang to use more of their own currencies, sidelining the dollar in world trade. Iran, with its big dreams and capabilities, appears ready to be a key player in reducing the dollar’s power. Even the UAE and Saudi Arabia, typically aligned with the United States, are leaning towards Russia, signaling a subtle change in the Middle East’s geopolitical scene.
Now, let’s talk about collaborative efforts with Iran. Experts speculate that Iran might join the Eurasian Economic Union (EAEU) in the next few years, with talks of a free trade deal between the EAEU and Iran. P---n spilled the beans on the growing trade between Moscow and Tehran, emphasizing Russia’s efforts to strengthen connections in the Middle East.
These moves are a big deal, impacting other currencies and potentially shaking up the global economic order centered around the US dollar. As countries cozy up to Russia and its allies, we might be heading towards a world where multiple currencies play a significant role in international trade and finance. The meeting between Iran and Russia, along with the increasing influence of the BRICS group, signals a team effort to challenge the dominance of the US dollar globally. If successful, we could witness substantial changes in global economic power dynamics.
Now, let’s explore the impact on international trade. Chinese President Xi Jinping recently met with a fancy EU crew in Beijing, signaling a desire for significant economic cooperation. They’re even considering teaming up on science and tech, including the fascinating world of artificial intelligence.
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