BRICS Alliance Seeks to End Dollar Dominance, Adding Pressure to US Debt Woes

BRICS alliance pushing for eliminating US dollar as top global reserve currency in favor of own currency or local currencies
BRICS nations represent over 40% of world's population and 25% of global GDP; alliance's growth outpacing US economy
China exports more goods to US than it imports, contributing to rise in US national debt and flow of dollars to China and BRICS
Brazil and India have become major US trading partners; changes in their economies can influence US trade balance and debt
BRICS will continue de-dollarization efforts in 2024; more countries joining alliance will further hamper US struggles with national debt