BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says

• BRICS countries could swing an "economic wrecking ball" at the dollar, a former White House economist says.
• The bloc has growing power and influence in global trade as it adds new members.
• The US dollar could soon be in the same position as the British pound in the 1800s, he said.

The dollar could face a growing challenge from BRICS countries, thanks to the bloc's growing size and influence over global trade, according to former White House economist Joe Sullivan.