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[-] Maeve@lemmygrad.ml 16 points 1 month ago

Does US executive branch thinks the absence of a BRICS currency will halt or slow the decline of the USD, or that the establishment of a common currency speedrun it? I'm guessing the horrific deficit is doing that on its own, and am looking for missed interest payments in the immediate future. Probably hyperinflation as well?

[-] GreatSquare@lemmygrad.ml 17 points 1 month ago* (last edited 1 month ago)

The US government fear the loss of a sanction weapon more than anything USD price related. If a BRICS currency happens, they can't freeze out their enemies from international trade.

[-] Maeve@lemmygrad.ml 4 points 1 month ago

Well Western Europe better wake up PDQ. I wonder if Britain are kicking themselves yet, for Brexit?

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this post was submitted on 06 Jul 2025
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