BRICS Currency: End of Western Hegemony

The World Bank has been the target of extensive criticism over the years, centering on its operational practices and the broader implications of its policies. These criticisms include allegations of promoting Western hegemony and perpetuating global inequalities, as well as concerns about inadequate oversight and representation in its governance structure. Critics also argue that the Bank's support for neoliberal policies and its stringent conditions on loans and aid—often seen as benefiting Western interests at the expense of the countries they are meant to serve—further compound these issues.

Amidst this backdrop, the BRICS nations (Brazil, Russia, India, China, and South Africa) along with other countries from the Global South are spearheading efforts to develop alternatives to such traditional global financial institutions. Their goal is to establish systems that are more reflective of and responsive to the needs of a diverse range of nations, rather than primarily serving Western priorities.

This video delves into the key criticisms of the World Bank and explore the initiatives by the BRICS bloc to set up a new framework to replace it.

[davidlim]

Forget about World Bank & IMF & ADB too.

[eduanolivier]

Thank you for providing this highly efficient information to a world desperately in need of it.

[wtf_usa]

Ru pls save some energy for you and BR.ICS to save the rest of the world from us 🇺🇸 when the catastrophe in Ukr'n is over.. 🙏

[georgewolfiii]

Everything this video says is completely true.

[hennytonjes]

“VIVA BRICS”THE GLOBAL SOUTH WAS WAITING FOR A LONG TIME

[dannybuoy]

The transformation to a multi-polar world is unstoppable along with de-dollarization. 👍👍👍

[williambenison]

We Are Going From This Uni-polar World Of Contrived Scarcity Into A Multi-polar World With Global Abundance---->

[PacLife-jqkr]

LOVE IT PAAA FREEDOM AND JUSTICE NEW MACHINATION SYSTEM BRICS CURRENTLYS WILL RULES ALL HUMANKINDS ON THIS UNIVERS FOR EVER AND EVER YUDA JOHN THE BAPTIST ORIGINATOR OKOMFO ANOKYE

[tmstms]

Good news to see BRICS Bank .
Most Africa countries currency have declined in value since World Bank and IMF got access to the continent.

[elvismiki]

Brics the new age 😂😂😂 the past in the wind

[brettharrison]

Why dont they add kim jon un into the mix and make it a real BRICKS😮😂

[IseeU]

And everyone look to Ukraine. Well played, Putin.

[florinssj]

Brics economy will make China great again😂😂