BRICS: Adding More Members And The End of the US Dollar?

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Every so often the conversation turns to the BRICS ending the US dollar. This is something that started more than a decade ago. Of course, the opposite seems to be happening, the USD only gets stronger.

In this video I discuss some of the recent events and what people are stating now about the SWIFT alternative that Russia and China are deploying. This is going to be the end according to many. Unfortunately, there is a lot more to the global financial and economic system than just trade.

▶️ 3Speak

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8 comments
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never, I'm not sure russia will be able to become a world financial leader

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Both Russia and China are facing massive democraphic cliffs. That fundamental fact could be the base line headwind they face.

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there is a lot more to the global financial and economic system than just trade.

Correct. There are also aircraft carriers.

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(Edited)

Time always tells !BBH

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I do not think Russia would become the leader of financial world

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