BRICS: US Dollar Suffers As BlackRock CEO Warns On U.S Debt Crises
Could the US debt crises be the final opportunity for the BRICS to finalize its De-dollarization goal and create its own currency? Are the predictions to the dollar decline mere talk or there is more to it than the US itself is telling us about how the dollar has been struggling these days in the Markets? How many countries aside the BRICS are deviating from the dollar use following such predictions of the dollar decline if US should fail to resolve its debt mess in no distant time from now? What is the role of the BRICS in helping other countries distance themselves from the dollar use since the US debt crises was officially announced?
Do not move an inch from there. Sit back and relax as we move you down this path in the next couple of minutes.
With the BRICS bloc bringing about renewed global interest in moving away from the greenback, BlackRock CEO Larry Fink says that the ongoing debt crisis could end the US dollar. Specifically, Fink told Forbes that “the situation is more urgent than I can ever remember.”
#brazil #russia #china #india #southafrica #money #brics #currency #bricscurrency #usa
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