Major Global Shift Expected as Nearly 20 Countries Plan to Abandon USD in 2024
As nearly 20 countries plan to move away from the USD in 2024, the global financial landscape braces for a seismic shift. The initiative led by BRICS and joined by ASEAN and other regions challenges the long-standing dominance of the dollar. While immediate demise of USD influence is unlikely, the movement towards a more multipolar economic order indicates a growing discontent with USD's supremacy and a quest for a more democratic global economic system.
Xu Lin
