this post was submitted on 26 Oct 2024
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chapotraphouse

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

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[โ€“] [email protected] 12 points 3 hours 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