BRICS & SCO: Dollar-Aus in sight-the US dollar loses ground!

BRICS & SCO: Dollar-Aus in sight-the US dollar loses ground!

The world of international trade is head! After the BRICS countries, the Shanghai Cooperation Organization (SCO) now dares to extinguish the US dollar from business. The worry lines on the foreheads in Washington are likely to be deeper, because numerous developing and emerging countries plan to shake off the dependence on the reserve currency that was once believed to be safe. At the 16th summit conference in Russia's Kazan region, the communities strengthened in their determination to turn their back on the dollar. Sooner or later this could trigger a massive dollar shortage on the world market.

China's persuasiveness shows its effect, because the SCO community now seems ready to set the dagger shot: adjustments to the payment systems are just around the corner to replace the green grade step by step. According to Zhang Ming, Secretary General of the SCO, informal discussions are already in full swing about a common payment system. The proportion of national currencies should grow sharply in the event of mutual billing. The details of the changes have not yet been fully known, but reports watcher.guru Revolutions in the international payment system. The plans are ambitious, the preparations are running-the end of the US dollar empire in the trade could soon become a reality!