Welcome to MyCafeTalk Community

Join our members and make your free account today, giving you the ability to chat with members

Dedollarization

Lord Roco

Member
Joined
Dec 28, 2024
Messages
75
Reaction score
2
After the formation of the BRICS block and their subsequent expansion, there is a global agenda on flushing dollar from its position of supremacy in the economic agenda of the world. Countries like India and Russia are conducting their transaction their in domestic currencies. Additionally, China is mandating payments in its own currency in a hope to break the dominance of dollar.

Do you think its going to happen any time soon? From my readings, what I understand is that most nations are tired of being subjected to unilateral American sanctions on various countries and they have decided that all this has to stop. What are your thoughts on this?
 
Back
Top