Post
Topic
Board Economics
Re: New currency from BRICS countries
by
Zlantann
on 24/04/2023, 18:51:42 UTC

I answer your question. And my answer will be the only correct one Smiley And you can very easily check it now, and finally make sure - well, somewhere in 1-2 years.

The only currency of China's BRICS guinea pig club will be... Let's think about it?? There will be... Drumroll!!!!! YUAN! Smiley And only he!
The reason is extremely banal. If some time ago, BRICS was considered as a kind of union of countries that cannot get into the big leagues, but supposedly want to be one. But now, in connection with the policy and problems of China, China has decided to solve its problems "by proxy". Or rather, other people's wallets, the countries that he manages to very cleverly manipulate Smiley

I will not paint about the problems of China, I am sure that everyone who discusses the BRICS and currencies here is well aware of the difficult situation in the Chinese economy. If you don’t know, I’ll tell you, give the numbers, and explain why China is using a “pillow” of country fools who will soon become “slaves of the yuan”.

Although I doubt the power of BRICS to unseat the dollar as the dominant currency globally underestimating this alliance might have some consequences. China has the second economy in the world and it has succeeded to attract other key economies like India and Russia. These nations can give the US and its partners a good economic fight.

When you talk about slavery, the US and its partners have been the slave masters of many developing nations. The US have weaponized SWIFT and the dollars and used them to manipulate the economy of many nations. The economies of some nations have been devastated by certain sanctions and restrictions placed by the US and its allies because such nations refused to accept an imposed policy. It will be a good experiment to have two slave masters so that nations can choose the lesser evil out of the two evils.