New Delhi, Jan. 3 -- Author and investor Robert Kiyosaki has once again doubled down on his long-awaited stance on the bleak futures of the US dollar, arguing that the growing shift by BRICS nations towards non-dollar trade could force the greenback to the status of a failed reserve currency.

Back in the first week of December, the Rich Dad Poor Dad author had echoed a similar view. "Bye-bye US dollar! Stand by, stay awake, stay tuned in. Don't be a loser. My forecast is that savers of the US dollar will be the biggest losers," Kiyosaki had posted on X.

This time, Kiyosaki traced past geopolitical incidents to show how the US dollar's dominance has been preserved in the global oil market. He cited Iraq's decision in 2000 to price oil in...