Two Blokes Trading - Learn To Trade Online

In this episode, Mike and Rory talk about the BRICS nations ((Brazil, Russia,India, China, and South Africa) as they continue to grow, and the speculatingpossibility of these emerging powers challenging the supremacy of the USDollar. Mike and Rory talk about the factors influencing this landscape andexamine whether the BRICS have the potential to replace the US Dollar.The pair investigate the following: What is the role of the US Dollar, BRICSs andtheir economic growth, The creation of BRICS and the future ahead, challengesand Limitations and trust of other nations. Mike talks about how The BRICSnations have experienced remarkable economic growth over the past few decades,contributing to their rising global influence. China has emerged as the world'ssecond-largest economy. Brazil, Russia, India, and South Africa have also madesignificant strides, bolstering the collective economic strength of the BRICS. Rory also mentions several challenges that hinder their ability to replace the USdollar. Firstly, the US do