EC Nebraska | jd7520 - 9/1/2024 17:35
BRICS is gonna kick your azz before you pull your head out of the sand. I am patient and it may take a while, but I can wait.
You better be pretty young. You’ll have a long wait.
Although, you seem to think that anything done by any country connected to the BRICS is done by BRICS.
The Chinese belt and road isn’t a BRICS program.
And there is no BRICS currency. I doubt that there ever will be.
This idea of an alternative dollar denominated exchange is interesting, but in the end the dollar, and all fiat currencies, are just accounting units. The US is the ultimate arbiter for the US dollar, no matter whose books they are on.
And even Kevin acknowledges that China has zero interest in challenging the dollar’s reserve status. |