China SECRETLY REJOICES - As the U.S. Admits the Dollar Is COLLAPSING Due to BRICS New Payment System

China SECRETLY REJOICES - As the U.S. Admits the Dollar Is COLLAPSING Due to BRICS New Payment System

Jan. 6, 2025

Top Wonders

More nations around the world are making more concerted and bolder efforts to finally ditch the United States dollar, which has been the world’s reserve currency for some time.

Now nations such as Brazil, France, and African and western Asia countries are moving steps closer from getting rid of the dollar and trading instead with the Chinese petro-yuan.

This dumping of the dollar has only been exacerbated after it was revealed that China and Brazil have reached a new agreement to trade only in their currencies and excluding the dollar in the process.

Brazil, the largest economy in South and Latin America, will engage in a new trade agreement that will only be transacted in Chinese yuan for Brazilian reais and vice-versa. The two nations trade roughly $150 billion in goods annually. This move will now allow China to expand their trade beyond their top allies such as Russia, Pakistan, and Saudi Arabia.

The expectation is that this will reduce costs… promote even greater bilateral trade and facilitate investment.

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Original: https://youtu.be/m1rwjMhn1CI

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