I’ve said it before and I’ll say it again: the world needs a neutral reserve currency, not one issued and controlled by whatever country happens to be the dominant superpower.
Sounds like you want the gold standard back.
If a trading bloc abandons the USD, that means they are less interested in trading with the US. Slapping a tariff in them means that they will be even less interested.
If a trading bloc abandons the USD, that means they are less interested in trading with the US.
Not really. It could mean that they just want a just and fair trading system not ruled by a monopoly on green paper with slavers on it.
Are you seriously saying that the capitalists from BRICS countries are interested in justice, fairness, and cancelling slave owners as opposed to their own economic self interest while jostling for position with western capitalists about who should be higher in the pecking order of exploiting the global working class? Because if you’re serious about that, I would love to trade you some magic beans for your cow.
The bizarre Republican project of burning America to the ground, because they love it so gosh darn much, continues apace.
Failure for USA is progress for humanity.
BRICS, Canada and Mexico should be making a trade treaty right now, before Trump even takes office.
Considering R in BRICS stands for russia, no, they certainly shouldn’t.
I don’t know if you noticed, but the B stands for Brazil and those 2 countries aren’t exactly buddy-buddy. Treaties are more than their constituent members.
Yeah I’m surprised to see India and China in it together as well.
Doesn’t surprise me, only if you buy into everything America and the west tells you
What the US wants and what’s good for other countries are not the same things.
But I am European, anything that breaches sanctions against putins russia isn’t good for me either.