🌍 BRICS VP: Dollar Abandonment is Underway 💸

2 weeks ago 6

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🌍 BRICS VP: Dollar Abandonment is Underway 💸

(Paulo Batista Nogueira – Valdai Discussion Club)

🔹 "De-dollarization is REAL"
The VP of the New Development Bank & IMF official confirmed: 🌐
➡️ The world is moving away from the US dollar.
#DeDollarization #GlobalShift

🔹 Why abandon the dollar?
💲 It's expensive
⚠️ It's risky
🇺🇸 The US is undermining its own credibility
#DollarCrisis #USPolicy

🔹 BRICS goal since 2014:
Expand membership and become a bank for the Global South 🌏
Progress is slow but steady.

#BRICSEconomy #GlobalSouthRising

🔹 Trading in national currencies is increasing 📉
Countries are bypassing the USD in bilateral trade – even outside BRICS.
#BilateralTrade #CurrencySovereignty

🔹 Future of reserve currencies?
🪙 A new global reserve currency is needed – but not a unified one like the euro.
👉 Think: reference currency for international trade.
#BRICSCurrency #NewMonetarySystem

🔹 US Sanctions Backfiring?
🇺🇸 “Main enemy of the dollar is the US itself,” says Nogueira.
They turned the dollar into a political weapon, not a trusted tool.
#WeaponizedDollar #FinancialGeopolitics

🔹 Will the BRICS currency come soon?
⏳ Not in the short or medium term…
But pressure for an alternative is growing fast.
#MultipolarWorld #ReserveCurrencyShift

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