Quote from: BADecker on Today at 01:48:32 PM

Quote from: Alik Bahshi on Today at 08:28:02 AM

Quote from: BADecker on Today at 07:42:34 AM

~

BRICS member countries are not sanctioning each other. They are working together. If the West keeps on trying to sanction them, they will simply follow through with the Western sanctions by sanctioning the West.

Cool

Firstly, I didn't understand anything. Secondly, Brazil, where the BRICS members gathered for the summit, informed Putin that it would not guarantee his safety if he arrived because of an arrest warrant for him as a criminal.

Firstly, then why do you keep on writing your gibberish if you don't understand anything?

BRICS is about getting the world out from under the corrupt US banking system. Putin doesn't have to go. He can send proxies.

Cool

And why do you think the banking system which is alledgedly being created by the members of BRICS is going to be less corrupt than the system implemented by USA and the European Union, though?
There are countries within the BRICS who keep reckless economical policies within their own countries, not even mention they also have autocratic ways to govern over their people, the system created by some BRICS FIAT could even be less transparent and less secure than what the USA and it's allies currently have with SWIFT.

Also, China (which is one of the most important members of BRICS) does not have a real interest on trashing their Chinese Yuan in order to push some theorical BRICS fiat or currency, they like the control they have over their Fiat.

By the way, I doubt that hypothetical currency will be backed with anything, not even gold, silver or oil, it will be just based on trust, as the US Dollar is.