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Last updated: June 17, 2025, 06:15  |  Written by: Gavin Wood

Token Unlocks Cannot
Token Unlocks Cannot

Amid The Brics Alliance De

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

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.

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.

U.S. Debt Spiral: A Looming Threat to Global Economic

U.S. recession is coming and 'a few rate cuts' won't prevent it

BRICS Rebellion: Plotting The End Of Dollar Dominance And U.S.

White House warns of recession as debt limit fight drags on

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

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

De

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

US dollar's dominance secure, BRICS see no progress on de

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

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

Gavin Wood can be reached at [email protected].

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