BRICS against dollar: revolution in the financial system or empty promises?

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Exploring the feasibility of BRICS' plan to replace the US dollar with local currencies in global trade.

BRICS against dollar: revolution in the financial system or empty promises?

The BRICS alliance wants to send the US dollar into the desert! A bold plan to make local currencies the new financial power. The pressure of US sanctions on emerging economies is the trigger that unites this alliance against the greenback. Their priority: the security of their own economies. Brave or just daydreaming? Is the world really ready for an era without the US dollar? This question causes heated debates.

But things are brewing behind the scenes: India is avoiding the Chinese yuan for payments - a move that could be interpreted as weakness in Delhi. Historic border conflicts with China do not allow tempers to calm down. Russia, on the other hand, only accepts rubles and yuan - the Indian rupee is left out! The trust between the BRICS countries? In short supply! Despite the loud calls for de-dollarization, the dollar remains unrivaled. A cosmic chaos behind a facade of unity.

Empty promises and political bickering: The BRICS, it sounds like, are good at making big plans, but when it comes to the nitty-gritty, they only pay lip service. The crux of the matter: It's often less about economic revolutions than about show and the next election victory. In reality, there is no threat to the US dollar watcher.guru reports. The dollar disaster remains a fairy tale.