Trump comeback? BRICS remains defiant against the dollar – expert explains why!

Trump comeback? BRICS remains defiant against the dollar – expert explains why!

In a fast-paced race for economic power, the BRICS alliance continues to charge forward and show the world that the US dollar is no longer king! Despite the possibility of Donald Trump returning to the presidency, one thing remains clear: the alliance's intention to trade in local currencies is unwavering. Experts like the renowned economist Lauren Johnston leave no doubt that BRICS cannot be stopped by the supposed dollar dominance. Given the Western sanctions against Russia, the move away from the dollar was simply necessary.

Johnston emphasizes in an insightful interview that using local currencies lowers transaction costs and reduces dependence on foreign currencies. This is intended to strengthen the group's economic stability. BRICS' commitment to a common payment system is still in its infancy, but the future promises that local currency trading will continue to gain momentum. Trump may be a supporter of the green bill, but the BRICS alliance is plowing its own path and declaring: “The dollar has had its day!”

You can read more about these developments, which could strengthen the economic status of the BRICS countries globally at watcher.guru. Who would have thought that the US dollar might one day be obsolete? The world is turning faster than ever!