Post
Topic
Board Economics
Merits 5 from 1 user
Re: 11 more countries just joined BRICS this week
by
MusaPk
on 28/07/2025, 18:23:15 UTC
⭐ Merited by pooya87 (5)

From this graph it's very clear that BRICS countries are well ahead of G7 in all fields compared. That's why it's very difficult to ignore the BRICS alliance and there potential to achieve there goal. That's why we saw President Trump threatening BRICS countries with 10% extra tariff when leaders of BRICS meet in Brasil earlier this month, it's mainly because USA foresee the threat from BRICS alliance.

Anyway, I’ll wait for the next chapters of this saga to see how it all plays out. I think it’s very unlikely that the dollar will be overthrown or that BRICS will succeed in something like that. But you never know, right? I prefer to just keep watching.

The dollar will stay their but it will lose it's impact as global currency provided if BRICS countries keep moving towards their common goal.