The BRICS nations (originally Brazil, Russia, India, China and South Africa) are meeting in Russia this week, and many alternative economics writers are making much of how these nations will be working hard to replace the dollar, but it is really nowhere near as simple as a united front to dethrone the dollar as the world reserve currency. Now that 32 nations are meeting at the BRICS summit, talk of the dollar’s collapse to a new competitor has grown again as it did last year when BRICS met and did absolutely nothing in that direction. https://activistpost.com/2024/10/battle-of-the-brics.html