Saddam Hussein was killed for de dollarisation. BRICS has taken over, led by China and Russia

The money printing was tolerated until the USA weaponized it to sanction other countries. That was the straw that broke the camel's back. Which eventually led to the de-dollarization campaign spearheaded by Russia and China with the formation of BRICS.

Actually, Saddam Hussein had already thought of that by calling for oil to be sold in Euros. He was destroyed to stop the idea gathering root. That was a lesson to warn other small countries not to try.

Russia and China, one having the military might and the other the economic power, was to be the umbrella for BRICS to carry out de-dollarization. One small step by two countries, one big step for mankind.

The USA still resort to sanctioning countries but is pushing them to de-dollarize as well. BRICS is still work-in-progress, and the results so far are positive and helpful for other countries trying to move away from the US$ to avoid the risk of being sanctioned. Several oil producing countries are in BRICS and if oil trade is carried out other than in US$, the de-dollarization move is going to gather speed and usage of the US$ is being decimated. More countries will hold less US$ for oil and unlimited printing of US$ is going to create high inflation in the USA itself.


Anonymous