calling the brics currency imaginary just because it hasnt yet been circulated is cope and reads like someone trying to convince themselves “its going to be ok, US wont lose its grip over the rest of the world”
also this guy says “a chinese style economy” when i would bet he would not even be able to describe how the chinese economy or government are organized and would just say “they work 70 hour days and there are suicide nets to keep them from escaping”
also sorry im posting so much on here, i just see some new bullshit any time i open libbit
Wait, what BRICS currency? Is there even a plan for one? I thought the point of BRICS was so that nations can trade with their own currency and not be beholden to extra-sovereign organizations
There were Talks this year but they said they are no where near ready for that yet. Probably would be a long while.
as far as i know that’s the ultimate goal, to have a currency all the partner countries use to get away from dependence on the US dollar. lots of people were excited for what that could mean for cuba if it pans out
There are plans to create the R currency, based on the countries currencies names (Rand, Real, Ruble, Rupee and Renminbi)
R language gonna sue them for trademark infringement