News and Opinion: July 5, 2022. Is Saudi Arabia Going to Join BRICS?

Apparently, China has invited Saudi Arabia to join the BRICS group. If this occurs, it would be a major blow to the petrodollar economy. In fact, it may mean the end of the petrodollar and the ability of the Western world to influence other economies.

One of the main issues that the BRICS group is against is the fact that multinational corporations control the governments in the Western world. The addition of Saudi Arabia to BRICS would create a divided world between a corporatist ideology versus a strong government ideology.

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This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.