You Won't BELIEVE What The BRICS Are Planning!!
🎯 Summary
Podcast Episode Summary: You Won’t BELIEVE What The BRICS Are Planning!!
This 19-minute episode, hosted by Guy from Coin Bureau, focuses on the dramatic geopolitical shifts occurring as major non-Western powers—specifically India, China, and Russia (BRICS/SCO members)—actively decouple from the US dollar-centric global financial and security architecture following recent US trade actions against India.
1. Focus Area
The primary focus is Geopolitics and De-Dollarization, specifically analyzing how US foreign policy (tariffs and sanctions) is inadvertently strengthening the BRICS/SCO alliance and accelerating the creation of alternative, dollar-free payment and security systems. While the podcast is from Coin Bureau, the discussion centers on macroeconomics, international relations, and the infrastructure supporting alternative trade, rather than specific crypto/Web3 technical details.
2. Key Technical Insights
- Activation of Alternative Payment Rails: The US tariff on Indian goods acted as a catalyst, forcing the immediate operationalization of long-planned rupee-to-ruble and rupee-to-yuan payment mechanisms for energy and trade, bypassing the dollar system.
- CIPS Expansion: China’s Cross-Border Interbank Payment System (CIPS) is actively facilitating dollarless transactions between Moscow, New Delhi, and Tehran, providing a functional alternative to SWIFT for sanctioned or trade-disrupting nations.
- Energy Pricing Shift: The impending Power of Siberia Two pipeline deal between Russia and China is explicitly structured to be priced only in Rubles and Yuan, marking a significant step away from dollar-denominated commodity pricing.
3. Market/Investment Angle
- Tariffs as De-Dollarization Accelerant: The episode argues that recent US tariffs (like the 50% tariff on India) have done more to push nations toward de-dollarization than years of BRICS summit declarations, as the immediate pain forces activation of existing workarounds.
- Shifting Trade Routes: Indian exporters, hit by US tariffs, are rapidly redirecting $6 billion in annual trade toward Brazil, Russia, and Southeast Asia, utilizing new non-dollar payment systems.
- Risk of US-China Escalation: The market is keenly watching the November 10th deadline for potential 145% tariffs on China. If enacted, this would severely impact $500 billion in US-China trade, though China’s growing domestic market may mitigate the impact on Beijing more than it would on the US supply chain.
4. Notable Companies/People
- Narendra Modi (India): Executed a masterful “multi-alignment” strategy, deepening ties with China (SCO summit) and Russia (oil deals) immediately after being penalized by the US, while simultaneously maintaining ties with Japan (investment) and the Quad (security).
- Xi Jinping (China) & Vladimir Putin (Russia): Solidified their strategic partnership, highlighted by the advancement of the Power of Siberia Two pipeline deal.
- SCO (Shanghai Cooperation Organization): Presented its vision of “indivisible security,” directly challenging the premise of Western military blocs like NATO.
- China’s New Development Bank: Mentioned as a viable alternative source of development finance ($50 billion capital) for nations facing Western restrictions, contrasting sharply with the IMF/World Bank structure.
5. Regulatory/Policy Discussion
The core policy discussion revolves around the failure of US economic coercion (tariffs and sanctions) to enforce loyalty. The episode contrasts the effectiveness of US threats against Britain in 1956 (where the threat of dumping bonds caused collapse) with the current situation, where India absorbed the tariff and immediately sought alternative partners. The policy implication is that the US has lost its monopoly on financial leverage because alternative infrastructure now exists.
6. Future Implications
The conversation suggests a future defined by multipolarity and parallel economic systems. The success of India’s response to tariffs indicates that major economies can now actively pursue strategic autonomy by leveraging non-Western financial and security partnerships (BRICS/SCO). The industry is heading toward a bifurcation where trade between aligned blocs will increasingly occur outside the dollar system.
7. Target Audience
This episode is most valuable for Geopolitical Analysts, Macro Investors, Trade Policy Professionals, and individuals interested in the long-term strategic implications of De-Dollarization within the broader financial and technology sectors.
Comprehensive Summary
The podcast episode details a significant pivot in global alignment, triggered by recent US trade actions against India. The narrative begins with the optics of the Beijing military parade featuring Xi Jinping, Vladimir Putin, and Kim Jong-un, symbolizing a strong anti-Western axis.
The central catalyst discussed is the 50% tariff imposed by the US on Indian exports—ostensibly for buying cheap Russian oil—which India viewed as “economic blackmail.” This punitive action backfired spectacularly. Instead of capitulating, Indian Prime Minister Modi immediately leveraged the situation to deepen ties with US rivals. He attended the Shanghai Cooperation Organization (SCO) summit, publicly declaring India-China relations should not be viewed through a “third country lens,” and reaffirmed strong ties with Putin, all while continuing to purchase Russian energy. This demonstrated a highly effective “multi-alignment” strategy, balancing US military contracts with Russian energy and Chinese trade.
Simultaneously, the episode highlights concrete steps toward de-dollarization. The tariff shock accelerated India’s implementation of rupee-based payment systems for oil trade with Russia. Furthermore, Russia and China finalized negotiations on the Power of Siberia Two pipeline, which will exclusively use **Rubles and Yuan
🏢 Companies Mentioned
💬 Key Insights
"When Britain needed emergency funds in the 1950s, they had one phone number to call. When India needs them today, they've got a whole contact list."
"China's central bank's cross-border interbank payment system recently went live with real dollarless transactions flowing between Moscow, New Delhi, and Tehran."
"China knows this, and that's why their central bank's cross-border interbank payment system recently went live with real dollarless transactions flowing between Moscow, New Delhi, and Tehran."
"The West still dominates the financial plumbing with SWIFT, dollar clearing, correspondent banking, and so on. But that monopoly only really works if everyone needs to use it. The moment major powers start launching workarounds, the game is up."
"Trade wars tend to work best when your target has nowhere else to go, and 20 years ago that might have been true. But at this point, the market infrastructure for circumventing Western markets has been established for some time; it just needed activation."
"Funny how tariffs can speed things up. In about six weeks, Trump's tariffs did more for de-dollarization than BRICS had accomplished in years of summit declarations."