The US is slowly slipping globally and falling USD does not help
"BRICS is gradually making a mark. It has more recently attracted major interest for membership from more than 20 other states. When a club has a waiting list for getting in, it is hard to characterize it as irrelevant. States want to join BRICS not because it will transform them overnight into powerful players, but because they see it as a serious attempt to fill a vacuum in the U.S.-led global order; an order that currently falls well short of meeting their needs. They are also hedging to prepare for a future world order in which unipolarity has diminished much more or disappeared altogether."