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Redrawing Global Power: The Rise of BRICS and the Dollar Dilemma - Part 02
China and other countries like Iran, Saudi Arabia, Russia, Brazil, and India have been forming partnerships to challenge the United States' dominance in the world. Since the end of World War II, the US has been the preeminent global leader, but this position has weakened in recent years due to various factors like energy dependence, a shift in economic and cultural standing, and a perceived bully attitude. The Biden administration is seen as either oblivious or dishonest about this decline, as countries in the BRICS coalition and beyond consider forming a powerhouse against the US and its…
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