The BRICS Summit: Hoopla, or Historic? Does it spell the end for the US dollar as reserve currency?

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In this video, I discuss whether the BRICS Summit changed the international world order forever or if it ended the US dollar empire. I'll also discuss the implications of the Summit on geopolitics and the future of the world order.

And I will give you real details of what was decided at the BRICS 2023 Summit in Johannesburg, South Africa, including specifically what leaders agreed to.

What is more I will put the expansion of BRICS membership in the bigger context of world history and geopolitics.

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A big part of the wealth of the West depends on the US maintaining its hegemony. This will not be given up easily.

A peaceful departure from hegemony will result in a world divided into two blocks. Five eyes, EU, Japan, Korea, Taiwan on one side. Rest of the world on the other. Japan, Korea, Taiwan leaving the US fold in due course.

jirik