In light of recent geopolitical events, a coalition of countries known as BRICS is on the verge of establishing a new global currency that could rival the US dollar. This initiative is spearheaded by nations such as China, Russia, and Iran, which collectively have a significant share of the world economy. Together, these countries represent approximately 40% of the global population and aim to address the growing need for an alternative financial system.

A New World Currency is Shaping Through BRICS

The BRICS alliance includes Brazil, Russia, India, China, and South Africa, with additional nations showing interest in joining this bloc. This collective effort signifies a shift in global economic power dynamics, challenging the traditional dominance of the G7 countries.

Furthermore, Nassim Taleb, a notable author and thinker, has asserted that the US dollar is gradually losing its status as the world’s primary reserve currency, with gold stepping into this role. As countries turn towards gold and alternative currencies, the implications could reshape international trade and finance.

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Source: Twitter

As we advance into 2025, the economic landscape will likely witness significant changes, with BRICS poised to lead this transformation.