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BRICS Push Aside USA Dollar
Published 2 years, 1 month ago
Description
The BRICS nations (Brazil, Russia, India, China, and South Africa) have as
one of their founding goals, to eliminate the need to use USA dollars in
cross-border trade. Six additional nations have been invited to join BRICS
in 2024, and India reports that six more are also being looked at. The
BRICS nations have already begun to drop the USA dollar for some
cross-border trading with Russia and China indicating that they had almost
done so completely in late 2023. What will happen to the economy and value
of the USA dollar if …