Why BRICS De-Dollarization Is Still Incomplete? #TCPE32 #brics

** Welcome To The Choke Points **

BRICS “de-dollarization” gets treated like a single announcement — a new currency, a new system, and the dollar is done. That’s not how global finance changes.

In this episode of The Choke Points, we break down why the BRICS de-dollarization plan is still incomplete — not as a debate, but as a structural map of what’s missing: no common BRICS currency, local-currency trade frictions, missing payment/settlement infrastructure, lack of bloc-wide coordination across 10 members, external pressure, and why basket/gold-linked “unit” concepts still aren’t “money” at scale.

If you follow the current world order, BRICS, SCO, and the Global South — this is the framework you need.

**Chapters**

00:00 — Intro: What de-dollarization actually means
02:05 — Reason 1: No BRICS common currency
06:40 — Reason 2: Local-currency trade hits imbalance + convertibility walls
12:10 — Reason 3: Missing full-stack payment & settlement infrastructure
17:05 — Reason 4: No single BRICS roadmap across 10 members
21:45 — Reason 5: External pressure raises the cost of switching
26:10 — Reason 6: “UNIT” / gold-basket ideas aren’t scalable money yet
30:10 — Conclusion: Incomplete doesn’t mean failed

#brics #dedollarization #usdollar #geopolitics #globalsouth #worldorder #internationalrelations #currency #trade #economy #india #china #russia #brazil #southafrica #sco #thechokepoints

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