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submitted 6 months ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml
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[-] yogthos@lemmy.ml 21 points 6 months ago

It's a self reinforcing phenomenon. The more countries free themselves of the dollar, the easier it becomes other countries to do so going forward. Now that BRICS is a bigger economy than the G7, the economic incentives favor it for countries that are forced t chose between these economic blocs.

this post was submitted on 13 May 2024
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