BRICS challenges US dollar, Saudi considers selling oil in other currencies: Financial multipolarity
The BRICS bloc (Brazil, Russia, India, China, Sou…
Geopolitical Economy Report · Ben Norton
January 21, 202335m 13s
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Show Notes
The BRICS bloc (Brazil, Russia, India, China, South Africa) is “developing a fairer system of monetary exchange” to challenge the “dominance of the dollar”. Saudi Arabia is considering selling oil in other currencies. Economist Zoltan Pozsar says the US “unipolar era” is over.
VIDEO: https://youtube.com/watch?v=ryKuoB9JEBE
Sources and more information here: https://geopoliticaleconomy.com/2023/01/21/brics-us-dollar-saudi-oil-currency-multipolar
China ‘counters US dollar hegemony’ with gold reserves, Argentina yuan currency swap deal: https://geopoliticaleconomy.com/2023/01/08/china-dollar-gold-reserves-argentina-yuan