“Since 1450 there have been six major world reserve currency periods. Portugal (1450–1530), Spain (1530–1640), Netherlands (1640–1720), France (1720–1815), Great Britain (1815–1920), and the United States from 1921 to today. If you notice the average currency span is 94 years. The US dollar presently has been the world’s reserve currency for roughly 99 years.”
https://www.midasgoldgroup.com/news/world-reserve-currencies-since-1450/
End is drawing near.
When exactly will it end.
No one knows.
But a duality is emerging.
Bet.
There is nothing to replace the dollar.
Saying to yourself, “Hey, I have a great idea how to
replace the dollar as the global currency.”, does
not make it so.
The Pound can’t do it.
The Chinese currency can’t.
The Russian currency can’t.
The Brazilian currency can’t.
Combined, they can’t.
Financial institutions worldwide know the RMB is a complete sham, based on a system that is so corrupt ours looks angelic by comparison. Ditto for Russia, except Russia’s economy is smaller than that of Texas. India? Brazil? South Africa?
Yes, the Saudis will accept payments for their oil in RMB or Rupees. BFD.
BRICS would need to defeat the West in WWIII for their basket of currencies to become the global reserve, as well as have the rest of the world accept their software and systems. Ain’t happening anytime soon, no matter how many times someone tells you otherwise on their YouTube channel.