The BRICS Countries Still Cannot Do Without the Dollar, but Donald Trump Could Do the Job for Them.

The absence of Vladimir Putin and Xi Jinping at the BRICS summit opening this weekend is anything but a surprise.

Under the leadership of Vladimir Putin's Russia and Xi Jinping's China, the BRICS countries have been working for months to reduce the US dollar's stranglehold on the global financial system. This naturally led to the BRICS countries' desire to create a common currency. The goal was clear: to free themselves from the US dollar to promote the emergence of a multipolar world where the BRICS countries would have a say.

Nevertheless, from the outset, it seemed obvious that this initiative would encounter insurmountable obstacles, given the contradictory interests of the BRICS countries. This is the feeling that emerges from each of the BRICS summits year after year. Apart from their hatred of the stranglehold of America and the Western world as a whole on the world, these countries have no common project.

Here is an overview of the situation that will help you understand why the BRICS cannot do without the dollar.

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