BRICS Nations Digging Deeper into De-Dollarization Strategies

BRICS Nations Digging Deeper into De-Dollarization Strategies

The worse the U.S. economy gets, the more potential a BRICS currency could take hold.

Previously, we discussed how more nations are on board with the alliance's de-dollarization efforts.

Now, two of the namesake countries' leaders are taking a deeper look at implementing the potentially historic monetary system.

South Africa is looking into cryptocurrencies - at least the more stable ones - while India is conducting a serious study on the implementation of the proposed new BRICS currency and de-dollarization.

What makes this more worrisome is the Indian government revealing it will not publicly release its findings.

Is dedollarization becoming a reality sooner than we think?

Is BRICS wisely stepping back and looking carefully into its planned worldwide financial shakeup?

Most importantly, how does this affect you?