De-dollarization: Why BRICS & Global South want alternatives to US dollar

The expanding BRICS bloc and many Global South countries are trying to de-dollarize, diversifying their foreign exchange reserves and trading with local currencies, due to the threat of US sanctions and rising Fed interest rates that make it difficult to service dollar-denominated debt. Ben Norton explains. || Geopolitical Economy Report || Please consider supporting us at Patreon: Podcast: Newsletter: