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BRICS Currency Collapse: India Blocks Lula's Dollar Replacement Plan | US Dollar Still Reigns
🔹 Description
The BRICS currency dream is unraveling—and fast. In this episode of the Disruptive Technologies Podcast, Nikodemus breaks down how India’s flat rejection of a shared BRICS currency has derailed Brazil’s push to dethrone the U.S. dollar.
💥 Trump’s tariffs, Lula’s desperation, and the New Development Bank’s quiet retreat all point to one conclusion: centralized financial experiments can’t outpace free-market dominance.
🎯 Key points covered:
Why Trump’s tariffs triggered panic in Brazil
How India’s “de-risking” strategy sidelines BRICS ambitions
The New Development Bank’s pivot away from a unified currency
Why decentralization keeps proving more resilient than central planning
What this means for the U.S. dollar’s global role
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