Former Pentagon adviser McGregor said Russia, China and India launched a “currency” revolt against the United States

WASHINGTON, USA (TEH) – In an event poised to profoundly alter the global financial landscape, a triad of world powers — Russia, China, and India — has announced plans to introduce a new form of currency, a move poised to considerably challenge the prevailing US financial supremacy. This bold announcement was acknowledged by Colonel Douglas McGregor, a former advisor to the Pentagon president, during a discourse on the London Real YouTube channel.

McGregor elucidated, “The lesson to be learned here is that a new era is beginning and they have already received the support of more than 40 countries that want to use this new currency. But of course it all has India, China and Russia at the center of it all.” This significant endorsement from an array of nations signifies an impending paradigm shift in the global economic order.

The new currency, according to McGregor, is a spirited “rebellion” against the traditional American-centric financial system. It’s seen as a manifestation of resistance against Washington’s policies, gaining considerable traction in regions such as Africa, South America, and Asia, where the actions of Russia — in conjunction with China and India — have received considerable approval.

Crucially, the proposed currency will be underpinned by gold reserves, the largest of which reside within the initiating trio of Russia, China, and India. This move bolsters the credibility of the new currency and offers a more stable alternative to the current fiat currencies that are susceptible to inflationary pressures.

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This development surfaces amid observations by the International Monetary Fund (IMF) in May that pointed to a gradual global shift away from the dollar. While they noted the absence of a viable alternative at the time, this new announcement presents a serious contender for that role.

News of this development, which came to light in July, indicates that the BRICS nations (Brazil, Russia, India, China, and South Africa) are spearheading the creation of a new trade currency. The comprehensive rollout of this plan will likely be a major discussion point at the association’s forthcoming meeting in Johannesburg.

This groundbreaking maneuver by Russia, China, and India signals a pivotal shift in the balance of global economic power. With the backing of more than 40 countries, the initiative exhibits the potential to instigate a new economic era, one that is significantly less centered around the current US-dominated financial paradigm. As this story unfolds, all eyes will be keenly focused on Johannesburg, where the implications and ramifications of this development will be deliberated in detail.