Replacing US Dollar

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…