Economist Predicts 'Messy' Decline for Dollar as BRICS Push for De-dollarization
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Economist Kit Juckes predicts a "messy" ending for the US dollar amid BRICS' de-dollarization efforts.
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Juckes says the dollar will fall back throughout 2023 as the US economy slows.
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He predicts the dollar will be much weaker entering 2024 compared to its status over the past 20 years.
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BRICS countries are actively working to reduce the global dominance of the US dollar.
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The future global reserve status of the dollar is uncertain as BRICS provides an alternative to it.