The U.S. is losing its grip on the global economy as countries like China, Russia, and their BRICS+ allies are rapidly building a new financial system to sideline the dollar. Fueled by massive debt and deficits, confidence in the U.S. dollar is eroding, prompting a significant shift in global economic power. BRICS+ nations are stockpiling gold and promoting alternative currencies like the yuan, while the dollar’s dominance in global reserves has sharply declined. If the dollar loses its status as the world’s reserve currency, the U.S. could face severe inflation, economic instability, and a loss of influence in global markets.
