A Hudson Institute analysis details how Washington views the advancement of the BRICS, warns of risks to the centrality of the dollar, and describes measures to preserve US financial power.
The Hudson Institute, one of the most influential think tanks of United States public policy, published a detailed analysis on how the country should respond to the advancement of BRICS.
The study argues that the bloc, previously limited to an informal alliance between large emerging markets, has become a direct threat to American financial supremacy.
It also points to strategic ways to preserve the centrality of the dollar and prevent the group from consolidating a parallel economic order.
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The following article presents, in journalistic style, the full content of this analysis by the Hudson…