Elon Musk Echoes BRICS' Dollar Doubts Amid US Debt and Printing Concerns
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Elon Musk remains skeptical about prospects of the US dollar, warning that America could go bankrupt from overspending.
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Musk's criticism echoes BRICS nations, who avoid the dollar due to concerns about US debt and printing currency.
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Both Musk and BRICS worry that overspending, growing debt of $34 trillion, and circulating endless bills could bankrupt America.
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BRICS seeks to cut ties with the dollar to avoid impact from US policies if America's finances worsen.
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BRICS wants new payment mechanism for cross-border transactions without the dollar, prioritizing local currencies.