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BRICS revolution: Is the US dollar about to end? Risk of inflation!
BRICS is driving de-dollarization: trust in US dollars is dwindling. Implications for global markets, US inflation and trade.
BRICS revolution: Is the US dollar about to end? Risk of inflation!
Hiking storm against the US dollar! The world is turning away, led by BRICS, which in turn is rebelling against the “Great Green”. Why? The sanctions imposed by the USA, especially against Russia in 2022, have been the last straw! In a stunning about-face, BRICS plan to devalue the dollar to free other nations from the American whip. A dramatic shift could strengthen local currencies and push the U.S. dollar from the center of the global economy reports watcher.guru.
But that's not all! Financial strategist David Roche sounds the alarm: Donald Trump's tariff policy is a shot in the foot! China could be the big winner in these trade wars while America is in the pillory. “The big loser is the USA!” denounces Roche in an interview with Fortune, as trust in US contracts is dwindling. The Japanese yen could soon become the new star in the currency sky. BRICS, spurred on by this crisis of confidence, is seeking to wrest the dollar's reserve position according to information on watcher.guru.
And as if that weren't enough, best-selling author Nassim Taleb warns of a gradual decline in dollar dominance. The influence of the BRICS countries is constantly growing, and with each step the dollar appears more and more like a relic of the past. A new era of international monetary policy could be upon us!