Currencies

Currencies

Jack Truong Analyzes Economic Barriers to BRICS Currency Success 

CEO and investor Jack Truong has identified several substantial economic barriers that will prevent the BRICS currency initiative from seriously challenging U.S. dollar dominance in the global financial system. Drawing on his extensive experience transforming companies like 3M, Electrolux, and James Hardie, Truong offers a clear-eyed assessment of the economic realities that will maintain the dollar’s position as the world’s primary reserve currency for the foreseeable future.  The Economic Weight of the Dollar  Jack Truong points to the overwhelming economic dominance of the U.S. dollar in global financial transactions as...
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