this post was submitted on 19 Oct 2024
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Goodbye, dollar dominance: BRICS plans 'multi-currency system' to transform global financial order (www.youtube.com)
submitted 1 month ago by Comprehensive49@lemmygrad.ml to c/worldnews@lemmygrad.ml
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Ben Norton makes a great overview of the comprehensive new financial architecture that Russia is proposing at the BRICS summit to dedollarize and decentralize the global financial system.

These plans are incredible. The US-dominated financial system has lasted over 80 years. If carried through, BRICS will reshape global finance and equity for the next century.

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[–] ahriboy@lemmygrad.ml 7 points 1 month ago

Now waiting for banks to adopt UnionPay Debit, RuPay, MIR, etc.