BRICS, End of the Dollar?

In my last post, When Various Monetary and Market Forces Converge, we looked at Basel III. As you can see from the description below, these changes have a major impact on risk management and the QUALITY of capital banks are holding. While these rules go into force on July 1st, arriving at the “third of the three Basel Accords” has taken a while.

[Source: The Rio Reset: Inside the BRICS Scheme to Hotwire the Global Economy, Birch Gold Group, May 23, 2025]

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