Brazil, Russia, Indonesia, and India may increase dependence on China as lender, moving toward 'unionization' (using UN as reserve) rather than true dedollarization.
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Daniel LayaEvidence Quote
“Brazil, Russia, Indonesia, India, all those countries may actually start to use more the UN. Not create a new currency. That would be impossible technically and and legally actually in many cases. No, but to be more dependent on China as the lender of first resort.”
Source
Inflation Is Not a Mistake – It’s a Strategy, 2025 Crash Explained | Daniel Lacalle— Soar FinanciallyCreated: 8/11/2026, 7:10:29 AM
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