This content is restricted to site members. If you are an existing user, please log in. New users may register below.
U.S. dollar rapidly losing world reserve currency status; China, Russia (BRICS) to replace it
The non-Western world is desperately working to unseat the United States dollar, also known as the Federal Reserve note, from being the chief international reserve currency. Led primarily by Russia and China, efforts to replace the dollar with something else have never been closer to coming to fruition. And once that happens, it is game over for Western dominance over world affairs. “From diminishing the prevalence of non-dollar transactions to reducing dollar holdings in foreign exchange reserves, states are