• redtea@lemmygrad.ml
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    1 year ago

    Time will tell.

    Edit: This report shares your dismissal of BRICS (well, of any competition), but contradictorily warns of a decline of the dollar’s share.

    But this report suggests that BRICS poses a real threat to the dollar.

    • kokiriflute@lemmy.world
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      1 year ago

      Keep ignoring the FOREX charts and move to a BRICs country if you’re so confident they will succeed. Surely nothing could go wrong!

      • redtea@lemmygrad.ml
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        1 year ago

        That’s a very strange thing to say. [Edit: especially considering that we started off with me clarifying that I completely agree with you about the contribution of corporations. Unless you’re just being contrarian.]

        Remember the context of all this is what people everywhere need to do to save the plant and human society. I’m not gleeful that the end of dollar hegemony will plunge the west into recession and devastate living standards.

        I’m just stating that it’s happening. Either climate change destroys life as we know it or the planet transitions to a sustainable political economy—currently, BRICS is making moves to bring that possiblity a step closer.

        But I’m not necessarily a third worldist; I’m not saying that actions taken in the third world will automatically usher in a new world order. I’m saying it’s one (albeit significant) aspect in the real movement to abolish the present state of things, i.e. the definition of revolution.