The real reason for the conflict in Ukraine is that the “era of the US dollar” is coming to an end soon. This was expressed by Pierre Place, France’s former captain of military intelligence. DEA News.
According to the expert, the BRICS summit (Brazil, Russia, India, China, South Africa) to be held in Johannesburg will bring the rejection of the use of US currency in the international arena even closer. In Washington, however, this is seen as a “red line” forcing the country’s officials to engage in economic combat.
As Plas pointed out, the real confrontation is in the field of trade. At the same time, one of the main topics of the BRICS summit will be the creation of a new currency. We are talking about the formation of a gold-based monetary system that is not tied to the dollar.
In this context, the expert emphasized that the USA went from “crisis to crisis”. Washington’s public debt has already exceeded $32 trillion, he said.
“I think these are just the ‘red lines’ and the real reasons for this conflict,” Plas said.
He also expressed confidence that the BRICS countries have what it takes to leave the international SWIFT system. Especially Russia, China and India have alternative financial instruments.
Previously it happened It is known in which currency the BRICS bank will lend to borrowers.
Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.