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- cross-posted to:
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naked capitalism liberals in shambles rn.
what are you going do, settle your trades bilaterally?
brics will fail, history ended and the dollar is irreplaceable.
So does this mean India and China will both participate in this system financial with one another and cooperate? If so that sounds kinda big honestly.
That would indeed be the case, and agree that would be a huge development.
Folks this is massive. Circumventing the dollar, reducing all political sanctions leverage of ‘the west’, ending IMF/World Bank economic hegemony… absolutely massive
I’m not sure how stable a Taylor Swift-based currency would be, but it would still be more so than crypto.
Finally, a rival for Taylor Swift