Making this video in response to some of the comments I've seen over on TikTok regarding BRICS and the real or perceived threat to the US Dollar as the world's reserve currency. Some additional background:

The BRICS coalition, an alliance of five major emerging economies - Brazil, Russia, India, China, and South Africa, has emerged as a formidable force in the global economic landscape. Initially conceived as an investment term to represent the world's fastest-growing markets, BRICS has transformed into a diplomatic and economic consortium, pushing for a multipolar world order. Their policy aims often encompass infrastructure development, mutual trade and investment facilitation, and enhanced collaboration in areas like science, technology, and environmental protection. A key ambition is the establishment of an alternative global financial architecture. The coalition’s initiatives, such as the New Development Bank, could pose a threat to the dominance of the US dollar as the world’s primary reserve currency. As BRICS countries continue to increase their share in global trade, the dependence on the dollar might reduce, challenging its long-standing hegemony.

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