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Replacing US Dollar

  • Global South: Gold-backed currencies

    Global South: Gold-backed currencies to replace the US dollar

    by Pepe Escobar and first posted at The Cradle

    Let’s start with three interconnected multipolar-driven facts.

    First: One of the key take aways from the World Economic Forum annual shindig in Davos, Switzerland is when Saudi Finance Minister Mohammed al-Jadaan, on a panel on “Saudi Arabia’s Transformation,” made it clear…

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