Geopolitical Economy Report

BRICS Bank is de-dollarizing, promises loans in local currencies to help Global South develop

Apr 16, 2023
The podcast discusses the BRICS Bank's move towards de-dollarization and providing loans in local currencies to help countries in the Global South develop. It explores the expansion of the BRICS Development Bank and its impact on developing nations. The podcast also delves into the collaboration between China and Brazil and the potential for a common currency. Additionally, it explores the decline of US hegemony and the rise of a multipolar economic architecture.
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