Title | : | The Case for a BRICS Trade Unit Mode of Exchange |
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Author | : | Christophe Pompeani |
Release | : | 2025-03-25 |
Kind | : | ebook |
Genre | : | Foreign Policy & International Relations, Books, Politics & Current Events, Business & Personal Finance, Economics, Political Science |
Size | : | 2172381 |
“The introduction of the BRICS Trade Unit (BTU) as a complementary pillar to the existing global financial system represents not merely a challenge to Western economic hegemony but a transformative opportunity for the United States, the European Union, and their allies. Far from undermining the dollar or euro, the BTU offers the West a pragmatic tool to address structural vulnerabilities in the current financial order, including unsustainable debt trajectories, inflationary pressures, and geopolitical friction. By embracing the BTU as part of a diversified, multipolar monetary ecosystem, Western economies can enhance their resilience, foster fiscal discipline, and align with global sustainability goals—all while retaining their place in shaping 21st-century finance" |