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BREAKING: Brazil’s Lula Pushes BRICS to Launch Game-Changing Trade Currency—Dollar Dominance at Risk?

BREAKING: Brazil’s Lula Pushes BRICS to Launch Game-Changing Trade Currency—Dollar Dominance at Risk?

Published:
2025-07-06 19:06:10
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BRICS nations could rewrite global trade rules—if they pull it off.

Brazilian President Luiz Inácio Lula da Silva just dropped a financial bombshell: BRICS should create its own trade currency. No more details, no timeline—just pure geopolitical disruption. Here's why Wall Street's sweating.

The dollar's worst nightmare?

Five economies (Brazil, Russia, India, China, South Africa) controlling 40% of global GDP might finally be serious about dethroning the greenback. Lula's proposal—still vaporware—could let BRICS settle trades without touching USD. Cue the Fed's nervous laughter.

Execution? That's the trillion-dollar question.

BRICS can't even agree on expansion rules—now they'll coordinate monetary policy? Good luck getting China's digital yuan, India's rupee, and Russia's sanctioned rubble to play nice. But hey, 2025's already wild with CBDCs—why not add another?

Closing thought: Another 'dollar alternative' that'll probably fizzle—but if it doesn't? Buckle up.

Brazilian President Lula Proposes BRICS Develop New Trade Currency

|Square

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