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CrossTalk: Brazilian Coup?

About BalogunAdesina

International political activist, public commentator, Political scientist and a law abiding citizen of Nigeria. Famous Quote ---> "AngloZionist Empire = Anglo America + Anglo Saxon + the Zionist Israel + All their Pamement Puppets (E.g all the countries in NATO,Saudi Arabia,Japan,Qatar..) +Temporary Puppets (E.g Boko haram, Deash, alQeda,ISIL,IS,...)"

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Global South: Gold-backed currencies to replace the US dollar

by Pepe Escobar, first published at The Cradle, reposted here with the author’s permission The adoption of commodity-backed currencies by the Global South could upend the US dollar’s dominance and level the playing field in international trade. Let’s start with three interconnected multipolar-driven facts. First: One of the key takeaways from the World Economic Forum annual shindig in Davos, Switzerland is when Saudi Finance Minister Mohammed al-Jadaan, on a panel on “Saudi Arabia’s Transformation,” made it clear that Riyadh “will consider trading in currencies other ...