☆ Yσɠƚԋσʂ ☆ to World NewsEnglish · 7 months agoBRICS: US Dollar Settlement Declines 67% in Russiawatcher.guruexternal-linkmessage-square2fedilinkarrow-up150arrow-down12cross-posted to: globalsouth@lemmy.ml
arrow-up148arrow-down1external-linkBRICS: US Dollar Settlement Declines 67% in Russiawatcher.guru☆ Yσɠƚԋσʂ ☆ to World NewsEnglish · 7 months agomessage-square2fedilinkcross-posted to: globalsouth@lemmy.ml
minus-squarerainpizzalinkfedilinkarrow-up7·7 months agoI hope more countries join BRICS so the US dollar becomes irrelevant.
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkarrow-up9arrow-down1·7 months agoI think that’s inevitable at this point. BRICS is now a bigger economic bloc than the G7, and one important aspect of BRICS is that members can’t sanction one another. This makes BRICS far more attractive going forward.
I hope more countries join BRICS so the US dollar becomes irrelevant.
I think that’s inevitable at this point. BRICS is now a bigger economic bloc than the G7, and one important aspect of BRICS is that members can’t sanction one another. This makes BRICS far more attractive going forward.