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US attacks blow back, uniting China, India, Russia, Iran; encouraging dedollarization

Geopolitical Economy Report

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Challenging Pax Americana: The Rise of Multipolarity

This chapter explores the implications of U.S. foreign policy on global financial systems and the emerging coalition of BRICS, which seeks to challenge U.S. dominance through de-dollarization. It discusses key proposals from the Shanghai Cooperation Organization aimed at creating a multipolar financial system and enhancing cooperation among member nations. The narrative critiques U.S. sanctions, highlights the need for UN reform, and contrasts differing visions of global power between the U.S. and the Global South.

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