Countries are concerned about the long-term effects of holding too many dollars
The US government continues to weaponize the US dollar through sanctions
4 min readJun 16, 2024
Two major events occurred last week that would have a significant impact on the global future. The first event was the introduction of a new BRICS payment system. In my opinion, this will pose a challenge to the dominance of the US dollar in international transactions.
The most significant development is that the US-Saudi exclusive oil trade deal has…