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In a recent update, Graham discusses the significant deal between China and Brazil to bypass the US dollar in trade. He emphasizes the importance of this development as China, the world's second-largest economy, gradually distances itself from the United States. Graham highlights the need to understand the implications of this shift, referencing billionaire Ray Dalio's insights on potential economic downturns that occur every century. He stresses the seriousness of the situation and the importance of preparation for what might lie ahead. Additionally, he humorously warns viewers about the risk of neglecting the like button during the discussion.