Post #1624

🌍 "A US dollar hegemony is a pandemic to Africa, which needs to be immunized in terms of some vaccinations": African expert "There is no convincing theory of economics other than to say that the US dollar hegemony is no longer sustainable in the 21st century," Dr. Alexander Rusero, Head of the Department of International Relations and Diplomacy at Africa University in Zimbabwe, told Sputnik Africa. He argued that "a US dollar hegemony is a pandemic to Africa, which needs to be immunized in terms of some vaccinations of some sort with respect to progressive policies, bilateral and multilateral relations that will bring the much needed win-win scenario between Africa and any other progressive partner or player." The international relations expert also condemned the IMF and the World Bank, both institutions established under the Bretton Woods system, for imposing harmful policies on Africa. "They have tried all experiments on Africa, which came with the difficulties, paradoxes and complexities that we are still grappling with," he said. 🙋‍♀️ Dr. Rusero proposed a solution: a shift towards BRICS. According to him, progressive Africans should seriously consider joining the bloc and solidify the idea of a BRICS currency. 💎 The expert added that African nations could also use their vast natural resources to create currencies that reflect their true economic potential. He also emphasized the need for greater African unity, criticizing the continent's internal divisions. "Africa can take care of the whole world as it has been doing all along," he stated. "We need Africa to revitalize its agency and to take itself seriously in international relations and in the process before anyone can start to take us seriously." Subscribe to @sputnik_africa 🔸TikTok | Sputnik Africa | Boost us on Telegram🔸