Hi Pints
Many of the countries joining Brics are relatively poor and relatively unstable, so who is going to guarantee payments if/when we have this economic downtrun
It is all very nice to say we don't need the US dollar but when your poor neighbor wants to buy all your farm goods with their worthless money, just because they are joint Brics members , are you going to be silly enough to say yes ???
Even banks sometimes say no to money transfers when the other party is going poorly
- Forums
- Economics
- BRICS Conducts $260 Billion Worth Trade Without the US Dollar
Hi Pints Many of the countries joining Brics are relatively poor...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity