by Susan Duclos, All News Pipeline:
The U.S. dollar’s stint as the world’s reserve currency is coming to an end. it is not a matter of if, but of when, as no world currency stays that was forever.
The Dollar is no longer backed by gold and it’s value is eroding. Debt, currency devaluation, massive speculation, and government incompetence is a guaranteed recipe for a very bad ending.
A number of events have happened throughout the years which has jeopardized the Dollar’s standing. The Brazil, Russia, India, China, and South Africa (BRICS) collaboration has gained steam in creating pathways for business and they have begun to totally bypass the U.S. Dollar.