
BRICS | BOOM! 85% of The World’s Population Ready Ditch U.S. Dollar & The Grand Exodus Begins! 45 Countries Prepare To Join BRICS Week Before Summit
By
Medeea GreereAugust 14, 2023Updated:August 14, 2023
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BRICS | BOOM! 85% of The World’s Population Ready Ditch U.S. Dollar & The Grand Exodus Begins! 45 Countries Prepare To Join BRICS Week Before Summit
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Is the U.S. dollar’s reign on the verge of collapse? With 85% of the world’s population possibly gearing up to ditch the almighty dollar, a financial paradigm shift may be underway.
A storm is brewing in international finance, threatening the dominance of the U.S. dollar. The winds of change were palpable at the recent
BRICS summit. This influential alliance seems poised to change the world’s financial landscape, and they’re not alone. As a swelling number of countries express their weariness with America’s global fiscal policies, there’s a question that begs to be asked:
Is the U.S. dollar’s era of dominance drawing to a close?
It’s no secret that the world is growing increasingly discontent with the U.S. dollar and America’s global monetary policies. This sentiment has been simmering for years, but it appears that a full-blown revolution may be imminent. The timing couldn’t be more apt, coinciding perfectly with the BRICS summit where member countries were actively scouting alternatives to the U.S. dollar for international dealings.
The BRICS alliance, a coalition of Brazil, Russia, India, China, and South Africa, has historically represented emerging economies looking for an equitable share of the global pie. Their recent endeavors, however, hint at a desire not just to share but perhaps to dominate.
With the news that 45 countries are considering joining the BRICS bloc, the implications are massive. 23 nations have formally submitted their applications, and another 22 are indicating their keen interest. Should these nations join the BRICS fold, they could collectively tip the balance of financial power away from the U.S.
The Numbers Don’t Lie: 85% and Counting
Andy Schectman, President of Miles Franklin, didn’t mince his words. He dropped a bombshell claim that might send shivers down any patriot’s spine: 85% of the world’s population could potentially abandon the U.S. dollar
“all at once.” If BRICS onboards all interested countries into their alliance, the iconic greenback could find itself on the sidelines.
Imagine a world where Saudi Arabia, an essential cog in the global oil machine, convinces countries to make oil payments in local currencies. It’s not far-fetched, given the mood. Such a scenario spells doom for the dollar’s dominance.