🚨 *Putin Warns: US Dollar Strategy is Self-Destructive* 🚨

Russian President Vladimir Putin slams the US for using the dollar as a tool to pressure other countries, calling it America’s biggest strategic mistake. According to Putin, this aggressive financial strategy is backfiring, slowly destroying confidence in the dollar and weakening its global dominance.

*Why is the Dollar's Dominance Under Threat?*

- *De-dollarization*: Countries are looking for alternatives to the dollar due to sanctions and economic pressure. BRICS nations, led by Russia and China, are promoting a more multipolar financial system to reduce dollar dependence.

- *Rise of Local Currencies*: Trade settlements in local currencies are increasing, with China and Russia conducting most of their bilateral trade in yuan and rubles. Brazil and China signed a yuan-real trade settlement agreement in 2023, and India has begun purchasing Russian oil in rupees.

- *Global Financial Shift*: The US dollar's dominance is rooted in the strength of the US economy and military power. However, Putin warns that continued overreliance on the dollar could trigger major shifts in global finance.

*What's Next?*

The possibility of a new financial order is rising, with BRICS nations working to reduce dollar dependence and promote financial autonomy. However, experts believe that the dollar's dominance won't be easily challenged due to its liquidity and stability.

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