Exposing the End of U.S. Dollar Dominance and the Rise of BRICS Power:

 The Collapse of the Petrodollar: Exposing the End of U.S. Dollar Dominance and the Rise of BRICS Power.

 Key Points to Remember:

1. Origins of the Petrodollar: Established in the 1970s post-oil crisis, solidifying the U.S. dollar as the primary reserve currency.
2. Geopolitical Tensions: Nations like Russia, Iran, and China seek alternatives due to U.S. sanctions and political maneuvering.
3. Rise of the Petroyuan: China’s efforts to promote its currency in global trade.
4. BRICS Alliance: Exploration of a new reserve currency by Brazil, Russia, India, China, and South Africa.
5. Economic Impacts: Reduced global demand for the U.S. dollar, potential financial instability.
6. Political Influence: Diminished U.S. ability to impose economic sanctions and maintain global influence.
7. Historical Context: The shift began accelerating with President Trump’s policies and is now reaching a critical point.
8. Global Realignment: New financial systems, trade practices, and geopolitical dynamics are emerging.
   
   https://amg-news.com/the-collapse-of-the-petrodollar-exposing-the-end-of-u-s-dollar-dominance-and-the-rise-of-brics-power/