The world really is revolving faster than I had anticipated. I thought that the decline of USD hegemony would gradually occur over the span of two or three decades, but it might occur in just a few years. This year, 2023, isn’t even over, yet 21 countries—BRICS+ and ASEAN—have agreed to remove USD as the middleman in cross-border transactions.
The world really is revolving faster than I had anticipated. I thought that the decline of USD hegemony would gradually occur over the span of two or three decades, but it might occur in just a few years. This year, 2023, isn’t even over, yet 21 countries—BRICS+ and ASEAN—have agreed to remove USD as the middleman in cross-border transactions.