Lavrov: West’s Dollar-Centered World Order Doomed as BRICS’ Clout Surges

Fascism is capitalism turned inward.

The West’s efforts to block the ongoing transition from the old world order - built around the dominance of the dollar and enforced via the IMF, the World Bank, and the WTO - “cannot succeed, because it is an objective, irreversible process,” Russian Foreign Minister Sergey Lavrov stated in an interview for the international TV BRICS network. When the new centers of growth, operating under these very rules, began to demonstrate far more substantial economic results and significantly higher growth rates – as is evident across the BRICS countries – the West started seeking ways to block this transition, Sergey Lavrov said. "This cannot succeed, because it is an objective, irreversible process. For several years now, the BRICS countries’ growth rates and GDP volumes have, in terms of purchasing power parity, substantially exceeded the combined GDP of the G7," noted Lavrov.

Crosspost from https://hexbear.net/post/7609631