Could a BRICS Currency Really Replace the US Dollar?

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Trump has threatened BRICS countries with tariffs unless they agreed to not create a new alternative currency to compete with the dollar. So in this video we’ll take a look at why BRICS doesn’t like the dollar and whether it’s actually under threat.

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Sources:

1 – https://x.com/realDonaldTrump/status/1863009545858998512
2 – House of Commons Briefing Report on BRICS (and their expansion): https://commonslibrary.parliament.uk/research-briefings/cbp-10136/#:~:text=Four%20further%20countries%20joined%20the,as%20the%20’BRICS%2B’
3 – Washington Post piece on America’s escalating sanctions habit: https://www.washingtonpost.com/business/interactive/2024/us-sanction-countries-work/
4 – https://www.economist.com/special-report/2024/10/14/chinas-yuan-is-nowhere-close-to-displacing-the-greenback

00:00 Introduction
00:51 What is BRICS?
01:35 Why BRICS Hates the Dollar
03:16 Can They Usurp It?
06:39 GiveWell

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