Jeremy Jupiter Jones on Nostr: npub12nm5c…wwh2s US is rapidly losing power over the global south as the trading ...
npub12nm5cjxe4t7ldf0fflvujmawt0p83yjzl6v09ynw7v79dvlf6s2qmwwh2s (npub12nm…wh2s)
US is rapidly losing power over the global south as the trading alliance #BRICS continues to grow and gain new members.
Once a viable alternative for global trade is established not having to use the default, since WW2, global reserve currency, the $USD, then US hegemony will cease to be able to threaten smaller nations with sanctions to serve its political and corporate interests. 1/3 of all countries on earth are currently under US trade sanctions.
US is rapidly losing power over the global south as the trading alliance #BRICS continues to grow and gain new members.
Once a viable alternative for global trade is established not having to use the default, since WW2, global reserve currency, the $USD, then US hegemony will cease to be able to threaten smaller nations with sanctions to serve its political and corporate interests. 1/3 of all countries on earth are currently under US trade sanctions.