How realistic is the BRICS ambition to reshape global trade without the US Dollar? | DW News

[@YS27122]

Western diplomats and leaders live in their own delusional lala land😂😂😂

[@Venom-uu1ge]

U.k thought India wont exist long as nation, look at today, it still made it , and even the fastest growing nation in the world today. So when western thinker says it wont be significant, it means it will be significant. Just because its complex for them they assume that will be complex for other nation too, they dont know that other nation has better skill of problem solving than west now.

[@garethhayes9982]

😂😂 the fastest growing nation is china ...

[@bruxi78230]

We're talking about BRICS here, not just 1 member of BRICS. Is India going to accept the Yuan as their trade currency? How about the Ruble.(everybody started laughing, nobody wants rubles)? Or is India going to convince other members to use rupees? The answer is no to all of the questions. No currency means no challenging the dominance of the dollar. BRICS is not like Europe with a close group of cultural similar countries. BRICS was invented by a Goldman Sachs economist to quickly refer to a bunch of countries with possibilities, he never meant it as a serious trade bloc.

[@FlashRetired]

​@@garethhayes9982both India China r great

[@Venom-uu1ge]

@@garethhayes9982 check your facts, according to IMF data india is fastest growing economy, if you have watched the BRICS summit Putin said about it and also stated brics can learn from India.

[@JayantaBera-q8l]

Grow up Bhai. It's not all about india. Hum indian

[@RobertJackson437]

I thought Russia was isolated 😮😮 sorry I really felt your deep pain now 😂😂 don't worry

[@clownworld-b1d]

😂😂😂😂

[@candlelighting]

They are worried 😅😅😅

[@miteshghadi3146]

America debt 35 trillion debt and interest on debt by 2 trillion debt every year . Dollar will fall if America cannot pay this debt . interest on debt If America reach 50 trillion dollar debt America will have no option left but to go for hyper inflation to get out of this situation. Dollar will fall .

[@engineeringjourney9828]

Nice one😂, and they expect us to believe them.

[@kishwerchaudary-n4g]

BUT INDIA WILL LEAVE RUSSIA"AS NEEDED"

[@Lifeofachihuahua]

“WEST has Isolated Itself” - 😊

[@IK_MK]

This is the 4th brics video in a 1 week span DW, aren't we hovering a bit too close to obsession?

[@MagusMik]

It’s a matter of destabilization

[@stijnvanseveren3027]

No, BRICS poses a real threat to Western valuta's (euro & dollar)

[@dachochiyo3992]

fear

[@siriusman6169]

I think they're scared of the Russian Bear

[@GROOVwithme]

More like fourth video in a day

[@Percival5]

USA can't keep their promises to not use Dollar as weapon but here we're weaponising the Dollar😢

[@MustafaAli-z5w]

Yeah, g trade with North Korea

[@Percival5]

@@MustafaAli-z5w we are don't worry

[@bigfootwalker5399]

Ooohhh, that's SO MUCH worse than Russia using BOMBS as weapons AGAINST CHILDREN!!!!!

[@justinwolf7490]

Would you rather them weaponize real weapons? No you would cry about that too way worse.

[@esQmo]

@@MustafaAli-z5w And? Business is business boy. If you have something I want, we trade. that's how it has always been.

[@kvrathnamaiah2913]

Anything is possible. Who would have predicted during 100 years ago europe can became single European Union.

[@amarjitsingh8685]

Yes: And who could have predicted that is a relative weakling on the world stage now

[@forbiddencitycat2151]

A bunch of illiteracy talking about China. Have you ever been China, and do you really understand China?

[@emmanuelkelechi3723]

You are so proud that the dollar is not moved, but don't forget that they will step by step get you to become nervous. They will come up with best alternatives to dollars as they keep working together, combining ideas

[@B-user2099m]

BRICS got a vision, that's bad news

[@AlpsMountains]

Realistically, YES! By Western Media: NO! Bravo!!! 😂

[@bruxi78230]

Ok, which of the countries currencies are they going to use?

[@kabelomagwai3077]

He won’t say no, he’ll lose his job. 😂

[@fronabulax63]

this is about making themselves sanctionproof and not about replacing the dollar. Even India is very interested, you never know😅

[@petermomanyi529]

India remembers when the West waged war against it.

[@MarioLopez-qp1bg]

They dont need to challenge dollar, just need to weaken the sanctions risk, and they are doing just that. What you do if your Bank robs your money, use use other Bank or use cash

[@nv7287]

If BRICS nations decided to create a closed economic system, relying primarily on trade within their bloc and using their own currencies, it could severely weaken the West. They have the resources, the manufacturing capacity, and a growing consumer market. They wouldn't need to rely on Western markets or the US dollar. Sanctions would become largely irrelevant, and their influence would grow exponentially.

[@cntesty6247]

This guy is full of BS the $ Will end

[@shootanick06]

The dollar is being weponized.. that's why other countries are looking for alternatives, and that's just one reason why

[@Liboch]

It is not about reshaping the global trade, but to use their respective currencies in trading, basically to avoid any sanction from the US.

[@esQmo]

From the big bully-in-chef

[@FlashRetired]

Yes why not, one currency for global west (dollar/euro), then one currency for other part of world (brics)

[@jemilferej6518]

The world has tried The USA bullying

[@caseyrindal1815]

Interview the imf what spin could be pushed. Ask who started and controls the imf.

[@AbuBawa-sw1ut]

Brics summit bigger than imf get together

[@whynot3442]

They gloated the same way about Ukraine winning, don't listen to them 😂

[@kartikeswarbisoi5639]

What a wondeful thing in BRICS is that each countires are best in one way or another so, it will be a great scope for us to share and learn from each other.🎉🎉

[@losewhenyougiveup]

Let's estimate how many ppl would like to exchange their wealth to those counties' currencies vs USD............... then you know what is the reality

[@nv7287]

It's not about wanting to use their currencies. They control essential resources and can force payment in those currencies, shifting global power. That's why resource independence and domestic manufacturing are critical for our freedom and national security. We need to stop chasing cheap deals and start investing in ourselves before it's too late.

[@xavariusquest4603]

Further....what's the country that every one of them goes to? Many millions from each chose here and have generally found success.

[@mattn7007]

A journey of a thousand miles starts with the first step.

[@fallinloveatfirstdream4222]

Why not! Today, China is the world's magnificent factory, capable of producing and shipping anything anywhere, while the declining hegemony of the US becomes increasingly evident.

[@kishwerchaudary-n4g]

[@nv7287]

While it's true China has become a manufacturing powerhouse, they lack many critical resources. That's what makes the BRICS alliance so potentially dangerous. China has the factories, and countries like Russia and Brazil have the raw materials. Together, they can create a self-sufficient economic bloc that doesn't need the West, and that gives them enormous leverage on the world stage. It's not just about "yay, China makes stuff." It's about a fundamental shift in global power dynamics, where nations that don't necessarily share our values or respect human rights could end up dictating the terms of trade and international relations. We need to be very aware of this and take steps to strengthen our own position before it's too late.

[@kishwerchaudary-n4g]

@@nv7287 SO TRUE. I AGREE WITH U 200 PERCENT.BUT IS IT POSSIBLE UNDER PRESENT CIRCUMSTANCES?

[@xavariusquest4603]

Those companies only exist because of Western currency. Divestment is wrecking havoc. You need to learn more about china's economy and it's support structures.

[@kishwerchaudary-n4g]

MONKEYS CAN NEVER BE "A LION", LION STAYS LION EVENHE GETS OLD.

[@esQmo]

No, that's not its goal. The BRICS is an alternative, period. Your sanctions and tariffs will make the dollar crumble by itself, not by the BRICS.

[@vegikid100]

what currency BRICS uses to trade? Bitcoin to evade tariff and sanction? What if the West declare Bitcoin =$0? and remove it from the stock market?

[@ongsengfook]

In denial. Using own currencies will certainly affect USD. At least they can reduce risks of reserves being confiscated. Also by making transactions not visible to the west, US and EU will have difficulty planning their agricultural planting efforts.

[@PJ-yp3vb]

He is nervous, its understandable

[@brand8590]

No he's not. You didn't listen.

[@mendthedivide]

The US dollar is slowly but steadily losing its dominant position on its own.

[@KALIN-34]

BRICS forever... 🇿🇦🤝🏻🇷🇺.... Beginning of the end of IMF ...

[@joblooker2012]

this guy knows the whole story and he knows what to not say at the present situation.

[@authenticmedia24]

IMF has lost all Credibility ,, BRICS on yah Door step 😂😂😂

[@johnwinnerd8511]

It doesn't exist.😂😂😂😂

[@Bavarian-ko9il]

20 years ago no one would have thought this would happen but now it is a possibility to challenge the $ based system Give another 20 years it may become a reality 😂

[@arpitvakilna7125]

without trade maintaining fiscal solvency is impossible, how can that be excluded from one's equation?

[@nv7287]

That's true, trade is essential for any country's economic health. But the reality is, BRICS nations are increasingly capable of trading amongst themselves and with other developing nations. They have the resources, the manufacturing capacity, and a growing consumer market. While complete isolation isn't ideal for anyone, they're in a much stronger position to weather a decoupling from the West than we are. That's something we need to consider seriously.

[@farmannamdar]

how realistic is G7?

[@vikramkumarp]

Nothing will happen to USD..why EU is using EUR instead of USD

[@nv7287]

It's a false equivalence to compare the euro to the rise of BRICS currencies. The euro was about economic integration within a bloc that already shared similar values on human rights and democracy, values enshrined in the Bretton Woods system that underpinned the post-war economic order. BRICS nations are a different story. They have a documented history of human rights abuses, suppression of free speech, and disregard for worker and environmental protections. Their rise to economic dominance could erode those values on a global scale. Think of. advanced technologies used for surveillance lack of freedom of speech, workers with no rights the inability for citizens to fight for an environment that's worth living in We're all suppression is monitored by AI and other systems. It's not just about different currencies; it's about a fundamental shift in global power towards authoritarianism, potentially dismantling a system designed to uphold human rights and democratic ideals.

[@BJ111-k5v]

Why is it complicated to replace the dollar when it was not complicated to build the dollar system?

[@dosang1953]

DW Business’ Janelle Dumalaon spoke to Josh Lipsky, Senior Director of the Atlantic Council’s Geo-economics Center, well explained on dominance of the U.S. dollar. It couldn't be better, thanks a lot!

[@robijorum4113]

Just look at the countries sanctioned by the US from using the dollar then think twice about that question😂

[@RockyMondal-nf5ol]

How many countries can be sanctioned by the USA!?...there have many countries like whole Africa, russia, china, india, Brazil, uae, Saudi Arabia, Indonesia, turkey, middle east countries,South Asian countries. Don't you think they also can counter sanction to USA? Every actions have reactions

[@robijorum4113]

@@RockyMondal-nf5ol now that's what i meant .Brics be countering

[@malaydhar917]

Gradually whole world will come out of dollar hegemony and imperialist policy of USA and its allies. 🌺🌺💚💚-bmd

[@nv7287]

Don't forget, the dollar represents the Bretton Woods system, designed to uphold democracy and human rights (though we can argue how effective it's been). BRICS nations reject those values entirely. Their rise means a less free, less just world, especially for those living under their rule. Think: advanced technology used for surveillance and oppression. And unlike the West, there's no pretense of upholding human rights. That's the real cost of shifting global power.

[@ongsengfook]

Good to know G7 is ignorant.

[@dubsar]

Do you know the difference between a rouble and a dollar? It's a dollar.

[@olafsigursons]

Russia: Economy Falling China: Economy Falling South Africa: Economy Falling Yeah, sure. Good luck with that.

[@mangopeopleofindia]

He is thinking that us dollor cannot be replaced as America throught when Russia started the war in Ukraine therefore,America put 15000 sanction on Russia but still Russia survive and gdp increasing day by day as he is thinking that on one can replace the us dollor, that person seems like fool ,I don't know who has appointed him

[@nv7287]

I think it's very realistic. BRICS nations are sitting on a wealth of resources the world needs, and they're not afraid to use that leverage. They can dictate currency terms and reshape global markets, while we're busy arguing about things that ultimately distract and divide us. It's like we're fiddling while Rome burns. Instead of building a strong, united nation, we're caught up in pointless identity politics and debates that weaken our social fabric and make us vulnerable. Meanwhile, the BRICS nations are forging alliances, strengthening their economies, and positioning themselves to lead the future. And the worst part? BRICS nations aren't exactly known for championing human rights. We used to have some leverage to push them on that front, but as they gain power and independence from the US dollar, that influence disappears. It's a dark day when those who disregard basic human rights and exploit their people are poised to become the dominant global players. We're losing our position in the world, and with that, our ability to advocate for a more just world. We're being weakened from within, and powerful nations with very different values are ready to step into the void. Think of advanced technologies used for surveillance, a lack of freedom of speech, workers with no rights, and the inability for citizens to fight for a livable environment. Suppression is the norm, and it's often monitored by AI and other systems. It's not just about different currencies; it's about a fundamental shift in global power towards authoritarianism, potentially dismantling a system designed to uphold human rights and democratic ideals.

[@RockyMondal-nf5ol]

What human rights should be and what's called human rights according to you?

[@StefanMeyer-db1xi]

I always look up your videos for update! Our government has no idea how people are suffering these days. I feel for people in crypto market tjat has no mentor and not getting the help they deserve, Thank you Mrs Paige imagine investing $25,000 and receiving $100,300

[@rosemaryclinton8697]

Paige jackson's crypto knowledge is like a secret recipe for success

[@JoshPeter-uw6mq]

I'm new to cryptocurrency and i don't understand how it really works. How can someone know the right approach to investing and making good profit from cryptocurrency investments? on which platform If you know any please share

[@Aleen-kc1wr]

I've seen different people talking about this Paige Jackson she must be very amazing for people to talk this good about her

[@ronniejose4156]

Please enlighten me, I've come across this before, how can i get to her please?

[@RussellBryant-pc2df]

She's always on te legrams

[@alisherkhaliyarov35]

This guy seems very naive about the BRICS, he is not the right guy to hear from!

[@RjBV122]

What about BITCOIN Its is the alternate currency.

[@heatherbrown384]

Recall hearing a song 40 years ago titled: "The Day the Dollar Died". Hmm. I just hope the singer was singing from prophecy 🤞

[@PankajkumarSharma-u7v]

Just look in my eyes and you'll see russian paradise Just look in my eyes and you'll see russian paradise Just look in my eyes and you'll see russian paradise Just look in my eyes and you'll see russian paradise

[@DanH-u3f]

All BRICS nations should just switch to the Yuan. This will ensure their economic collapse.

[@michaeltoney2277]

No they can’t and won’t. The main issue is all these countries are relatively unstable. I mean China has been a thing since 1950, Russia since the 1990’s, India 1950’s You need a long history for a currency of stability. Let me put it to you simply. Would you put your retirement funds in US dollars or Chinese Yuan if given the option? Even the Chinese desperately look to hedge their bets on their currency by investing in their real estate and that has backfired with their housing crash where people and families loose everything. People aren’t going to choose the Brics currency willingly. However, Bitcoin might give the dollar a run for its influence eventually.

[@deshrajdabhade7537]

You would invest in dollars but if USA doesn't like colour of your shoe your precious investment will go booooooom to zero

[@justinwolf7490]

The countries that are sanctioned have broken the rules of world trade and or invaded their neighbors. Also what if brics is formed for sake of argument. Who gets to control the central currency and which country will it be backed by? Plz don’t say China because they have the most corrupt banking system in the world. Now if countries start using crypto that’s different and could happen but it would still be linked to a specific currency like dollar or Euro. Those are still the most trusted currencies. You have to build trust and reliability if you want a worldly currency and the leaders of Brics are the absolute opposite of that.

[@michaeltoney2277]

@@deshrajdabhade7537 historically speaking that has not been the case. Foreign investment is huge in the US. China for example owns vast amounts of US farmland and that land is gaining value. Putin was terrible for Russia in a lot of ways if that is what you’re talking about he triggered all that trauma from the Second World War invading Ukraine and now the Russians are paying the price just like the Germans did. You might think if it this way. There is a saying in sales, never piss off your customers and that is what Russia did they bit the hand that literally was paying its bills and with a nice profit and now they are doomed to struggle. China won’t help them. India won’t help them.

[@KhanyisoNtloko]

Brics is going to use local currencies for trade through the Mbridge system. It's Block chain based 😅😂😅

[@liang8255]

Somebody is getting really nervous …

[@GIVEWAY2]

Yes

[@waynegore5291]

The ultmately question is the % of US ecomny of the world economy. Whether you can stay at current level long term.

[@kolviczd6885]

USA in 1980's think that China will only keep making counterfeit shoes and toilet paper for them till 2099 and nothing else.. and look at where we are today!!😂 It's great news that US is keeping this attitude that their dollar is invincible. Let them think that way until one day when they wake up to reality and be like - "Lets make Dollar Great Again" 😅

[@barryhoward7997]

I think a very good story. He nailed it. I am surprised that Harris hasn't included the dollars influence in the world considering Trumps tariffs. With BRICS going on I think it would open a lot of eyes.

[@newmultiman]

If BRICS Countries become friend, no use of G7 weapons

[@CrazyAi166]

The 5th Brics video in 1 day .Happy u observing a multipolar world with respect for trade.😊bye daddy dollar ,and puppy euro.

[@Lifeofachihuahua]

After this video, BRICS will get stronger and much more strategic lol and more and more countries will run to adopt BRICS agenda hahaha. US is going downhill

[@MarkfromNewYork]

No

[@stevebeschakis9775]

I keep my Rubles and Yuan on little rolls in the bathroom.

[@plkrishh]

My humble opinion is that US expects its allies and rest of the world to fund its deficits so that they keep printing green back. By removing Petro Dollar dominance the USD could weaken.

[@Aditya69-A]

Self satisfaction is necessary 😂

[@shafiqkarmand5585]

Lies lies and more lies

[@PJ-yp3vb]

We are witnessing the effect of sanctions and isolation of Russia by the attendance of several Nations and gathering of World leaders in Kazan Russia. We will witness the strength of dollar against the oncoming Block Chain Currency of BRICS and the successful bypassing of SWIFT and Western Banking systems. Furthermore, we will witness the strong Grains and Agriculture products of USA resisting their successful bypass by China, Malaysia, Indonesia...the list is growing This is exciting

[@okramronan]

I say western media not to cover this sort of BRICS video....😂😂.. non-western countries will do it on its own.. theres nothing there. No need to panic😅😅.. let BRICS be.

[@Ferni142]

It won't be fast but it will happen. Exporting inflation, just USA can do that.

[@Natalia-te2xn]

us debt is stability

[@Simon.Kannadivayal]

Sure buddy.

[@Frank-dv3st]

As long as Zelensky is protecting and defending the free rail, nobody can do nothing😂😂😂

[@ReligionHumanity]

Just listen how he glossed over....should any currency be reserve currency.... Well....this is biggest tool of manipulation (trade, valuations, insurance...capital flows,etc) in the hands of USA. It is like playing game of cards and one participant has unlimited pack of cards to draw from whereas others do not have...how this is free market. Dollar is good only for US and its pets...nations without self determination in foreign affairs (allies).

[@terrie001]

I chuckLed when I heard Putty said that. Anyone with a brain cell knows that aint no gonna work. 😅

[@claus-not-santa]

You seem to have none of these cells??

[@majidkarimane7516]

UK one day though that pound sterling never be out.... But it happened 😮😮😮😮

[@abu-zaiter]

gold money not printed papiers

[@chrisbacos]

The US Dollar will remain the world's reserve currency for the foreseeable and distant future

[@claus-not-santa]

NO, it will collapse!

[@concernedrabbit9075]

The answer is NO.

[@WaqasYusafzai]

The guy speaking is naive thinking the new potential system will be same as current dollar base system. If it will rely on one single currency like current one it will get corrupted like the this one is. Maybe some crypto currency is the way to go.

[@JosephHoggang-bk4bk]

BRICS can follow the Russian model of becoming rich by annexing its neighbors😜😏😁

[@Ferni142]

Stability? In wich world he lives?

[@urbansenicar81]

We use euros, dont we?

[@Nora-o7p]

The USD is the world's reserve currency. The USA has a $$$40 trillion debt with a 10% interest rate. Most Americans are in debt plus high interest rate, so in reality they own nothing but credit debt and interest payments. USA/Israel endless proxy wars will affect the USA economy. The Federal reserve keeps the USD liquidity for high interest loans by Usery. The world needs an alternative to the weaponized currency, not just the payment systems. Currency can be confiscated and sanctioned by USA/Israel bad for global economy if used for collective punishment and collateral damages.

[@G-Man-half-life]

There is no alternative to the dollar… the dollar will still be used as the world’s reserve currency the dollar will still be used for centuries to come the dollar is currently doing just fine.

[@NishathPodakkudiyar]

No. Just saved you 13 mins and 38 seconds.

[@amunra5330]

Yes.

[@carlthor91]

Keep dreaming, 😂.

[@Itachi_88mm]

1:50 bricks currency has been launched correct yourself

[@Definingpureness567]

Blockchain common currency can replace Dollar..

[@chukwuclementn6701]

Have you forgotten that USD is the backbone of the cryptocurrency liquidity?

[@Definingpureness567]

@@chukwuclementn6701 bro cryptocurrency is just one application of Blockchain technology..😄... U need more knowledge. I am talking about blockchain based currency programmed according to our requirement.. not like crypto as Bitcoin, xrp, etherium , or matic.... Not like those..iam talking about CBDS centralised blockchain currency

[@abiythelegend9532]

How about you bring a Chinese or russian analysts? Always the same west people how about a debate

[@bienvenidojr.calauod7910]

It will not be realistic because India vs china vs Russia they towards their national security. How about Brazil and south Africa.

[@MN-xu3mx]

Lo importante es quienes consumen...y esos no son los de ese parche.

[@garethhayes9982]

Petrodollar has already collapsed 😂😂

[@G-Man-half-life]

There is no alternative to the dollar… the dollar will still be used as the world’s reserve currency the dollar will still be used for centuries to come the dollar is currently doing just fine.

[@robijorum4113]

​@@G-Man-half-lifebruh what world are you living in😂 Saudi arabia is accepting other currencies

[@RockyMondal-nf5ol]

​@@G-Man-half-life This scenario will change within 15 to 20 years. Mark my word if you are young enough...

[@johnwinnerd8511]

Cold fusion is only way to save the auto market and the dollar .

[@jdjdiiididjsjskks3723]

Joven inocente Putin nunca dijo que quería destruir el dólar 😎🎊🇷🇺🎉

[@manasind4992]

This attitude will lead you to fall flate.... best of luck buddy .... winter is coming 😂😂😂

[@Samayil_2024]

It's 30% of world GDP.

[@pappaji4368]

BRICS is UN2.0

[@Krynale]

Yeah they ain't gon' do nothin'

[@eespn4764]

Pain in client state 🤫🤫💰

[@KOBINA_]

Jokers Jon

[@fahdhussein6760]

Not gonna happen 😂😂😂 ??? It's already happening whether some twerp in a suit likes it or not

[@imunfathomable]

If your glasses prescription is that bad go get contacts or cataract surgery dear lord