The much-hyped BRICS dollar threat is fading fast as their annual summit ditches the gold-backed currency for a goofy “basket” of currencies.
— Peter St Onge, Ph.D. (@profstonge) October 28, 2024
The dollar’s not out of the woods — especially with gold soaring.
But it now depends on Washington, not Beijing and Moscow. pic.twitter.com/QP1UdpFeOk
But it now depends on Washington, not Beijing and Moscow.
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