For fifty years, talking about replacing the dollar was like talking about the weather. Everyone did it. Nobody changed anything. Then something shifted. Not with announcements. Not with speeches. With plumbing. On October 31, 2025, a digital settlement instrument called the BRICS Unit started its pilot phase. By January 2026, it was processing real energy and raw material trades. Not…
Tag: De-dollarization
The $300 Billion AI Borrowing Binge: When Corporate Debt Becomes the New Petrodollar
The petrodollar is dying. Everyone can see it now. Saudi Arabia prices oil in yuan. Russia sells gas in rubles. India pays for Iranian crude in rupees. The dollar’s share of global reserves has fallen to 57%, down from over 70% two decades ago. But something strange is happening. Just as one pillar of dollar demand crumbles, another is being…

