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Imsgine how good a BRICS currency would be for the world ๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™

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[-] Moss@hexbear.net 22 points 4 days ago

BRICS currency would be a godsend but respectfully that looks fucking awful. It's like 50% as bad as that terrible rejected EU flag that just had every flag stretched out.

But the fact that people in BRICS are even talking about a united currency is crazy. It really shows that the dollar is no longer the be all and end all of international trade and finance. 10 years ago, for countries like India and South Africa to even be in an organization where this is considered would be unthinkable.

Over the past few years, BRICS has catapulted from a trading bloc to a serious political force. The BRICS account on Twitter was calling it the "BRICS alliance", which is some loaded language. It's clear that there is a desire for a real counterweight to the west ever since the fall of the Soviet Union, and BRICS is finally stepping up to fill that role

[-] quarrk@hexbear.net 5 points 3 days ago

I hadnโ€™t made that direct analogy to the Soviet Union, but that seems very apt. Hopefully more durable as there is a bit more autonomy for each member state.

[-] Sodium_nitride@lemmygrad.ml 4 points 3 days ago

Nah, the soviet union was very durable, much more so than brics likely ever will be. Few other countries ever faced as much external pressure and wars as the ussr did, and even then, it only fell apart because of long term issues stemming from krushchev's secret speech and the sino-soviet split.

this post was submitted on 26 Oct 2024
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