What is the alternative?

"Prime Minister Shri Narendra Modi participated today in the 17th BRICS Summit being held in Rio de Janeiro, Brazil on 6-7 July 2025." pib.gov.in. "In the joint declaration following the summit,..the leaders labeled the (Pahalgam) attack 'criminal and unjustifiable' (wikipedia) and called for united global action to root out terrorism in all its forms." While condemning "cross-border movement of terrorists, terrorism financing and safe havens," the declaration emphasized that "terrorism should not be associated with any religion, nationality, civilization or ethnic group." TOI. A bland placebo, despite the fact that the Pahalgam terrorists clearly selected non-Muslims by asking men to recite the Islamic Kalma and revealed their nationality by telling a woman, "We are leaving you alive so that you can go and tell your government what we did." India Today. At the summit, "the heads of state of the bloc's member countries decided to move forward with creating an alternative system to SWIFT, the main global interbank payment network." They also discussed forming a New Development Bank to develop a Contingent Reserve Arrangement (CRA) in an effort to de-dollarise trade. Brasil de Fato. However, "Prospects for global diversification towards BRICS+ currencies, even a synthetic one, are limited by the very modest external liabilities of member countries. Therefore, the de-dollarisation of global Fx reserves will largely stand to benefit the developed market rather than the emerging market Fx sphere. ING. Not much point if only the US and Europe benefit. "US President Donald Trump lashed out at BRICS nations, warning of an 'additional 10% tariff' on any country aligning with the group's 'anti-American policies'. He made it clear there would be 'no exceptions'." TOI. In short, US hegemony must be permanent. At which Brazilian President Luiz Inacio Lula de Silva said that the world "doesn't need an emperor". FP. He may say that but, "almost all members, including China and Russia, are falling over themselves to signal Brics is not seeking a confrontation with the US as they seek to keep their economies - which would stall if US raises trade barriers - afloat." Trump "expressed satisfaction that Brics - which added another five countries to the original five and now has ten partner countries - had broken up because of his warnings," wrote Chidanand Rajghatta. Since China's GDP at $19 trillion (World Bank), is more than all the other members combined, it would dominate any alternate currency and would have the power to levy sanctions on any nation defying its orders. Suicide for India. The Indian government strictly controls the rupee. While Indian citizens do not need a visa to visit Nepal (Nepal Emabssy), Indians are allowed to carry only up to Rs 25,000 by the Reserve Bank of India (RBI) even though they can carry up to $5,000 (The Wire), which would amount to over Rs 43,000 at Rs 85.73 to one dollar (xe.com). We will not allow citizens to freely use the Indian Rupee and we cannot accept the Chinese Yuan, so why waste time talking about an alternative to the dollar? The BRICS is dead. Killed by Trump.