April 12, 2023

RP You Need to Know - DE Dollarization. BRICS countries moving away from US dollar. What is the impact to the US Economy?

RP You Need to Know - DE Dollarization.  BRICS countries moving away from US dollar.  What is the impact to the US Economy?

De Dollarization by the BRICS.    On today's episode of You Need to Know, we will discuss an intriguing shift in the global financial landscape: the phenomenon of DE-dollarization. Our focus will be on the BRICs nations - Brazil, Russia, India, South Africa and China - and their efforts to advance alternatives to the US-dominated financial system.

What are the implications to the U.S. Economy?

Will the U.S. loose negotiating leverage in International disputes?

What role have sanctions played in the De Dollarization movement?

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