Will the BRICS Dethrone the U.S. Dollar?

by Daniel Lacalle, DLacalle: Are the BRICS a threat to the U.S.? The summit of the so-called BRICS (Brazil, Russia, India, China, and South Africa) has closed with an invitation to join the group extended to the Emirates, Egypt, Iran, Saudi Arabia, Argentina, and Ethiopia. The summit has generated a lot of headlines about the impact of this […]