Brics Expert Says Us Economy Is In Recession As Debt Keeps Mounting

Last updated: June 9, 2025, 03:34

Brics Expert Says Us Economy Is In Recession As Debt Keeps Mounting

Dollar dominance is here to

BRICS: Expert Says US Economy is 'in Recession' as Debt Keeps

Dollar dominance is here to stay – and the most dire threat to its status as the world's top reserve currency is actually the US economy itself, according to two economists.

De-Dollarization: Biggest Threat to US Dollar Is the US Itself

The U

White House economists are warning of “severe damage” to the U.S. economy in the event of a debt default. And in a new report, they detail potential job losses

The U.S. dollar remains the world's primary reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global reliance on the dollar

Amid the BRICS alliance de-dollarization efforts, one finance expert has recently proclaimed that the US is currently “in recession,” as the country’s debt issues persist.

Contrary to what many believe

Contrary to what many believe, investment research firm BCA Research sees that the economy is on the cusp of a recession, and the predicted upcoming U.S. Federal

De-dollarization poses challenges for the US, including potential devaluation of the dollar, higher borrowing costs, and a diminished ability to impose economic sanctions.

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