B.R.I.C.S. Nations Challenge U.S. Dollars Dominance
With the unipolar world order being effectively structured around the dollar as the world reserve currency for the past half century, we finally see a new challenger coming into the fray taking form of a soon to be gold backed currency founded by the B.R.I.C.S. nations after recent rumblings of a financial summit in South Africa where the announcement is believed to be released to the public.
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Sources--------------------------------------------------------
Peter St. Onge Twitter: https://twitter.com/profstonge/status/1667172745593978888
Fortune Magazine Article: https://fortune.com/2023/06/25/dollar-reserve-currency-brics-brazil-russia-india-china-south-africa/
The UnHerd Article: https://unherd.com/thepost/china-undermines-us-dollar-hegemony-with-gold-purchases/
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