BRICS Challenges US Dollar Hegemony with De-Dollarization Strategy | Pepe Escobar

Pepe Escobar analyzes the BRICS coalition's strategic move to create an alternative to the US-dominated global financial system. This effort, through mechanisms like a new development bank and trading in local currencies, aims to dismantle dollar hegemony. It represents a fundamental shift in global power, offering member nations autonomy from Western sanctions and US monetary policy. Escobar posits this could mark the beginning of the end for the dollar's supremacy, reshaping international trade and geopolitics.

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