A summit of leaders from the BRICS group of major emerging economies kicks off in Brazil Sunday – but without the top leader of its most powerful member.
  • Maeve@lemmygrad.ml
    3·
    20 hours ago

    BRICS isn’t trying to collapse the USD. There’s just less demand for USD when BRICS trade with each other using currency swaps as they do now.

    They may well not be, but this seems a natural outcome, especially with the stable genius’s oscillating “policies” unless I’m missing something.