It’s no secret that the fast-growing BRICS has been exploring the idea of creating their own shared currency for quite some time now. But we’re now hearing talks that the bloc has officially started working on. If you ask me, I’d say yeah, it’s about time. Now let’s take a closer look at what they’re cooking, under the leadership of by India.
pull down to refresh
this is indeed an interesting process. the beginning of a multipolar trading world. let's see what bridges are built between the dollar system and the new bricks trading system. but i don't see who would have an interest in wanting to hold a digital currency from this space personally.
If this becomes the new petro or gold pegged currency it will easily get traction...
It's possible that we'll see a split energy market at one point
Split between what?
The main energy players are again concentrating to the one side...
The US is no. 1 oil producer if I'm right?
No, you're not 🤣😂
OPEC+ countries (Saudi Arabia, Kuwait, Oman, Bahrain, Russia, Kazakhstan just to name a few) are the biggest oil producers
Somethint to think about....
https://m.stacker.news/17723
I really doubt it... what's the source of your screenshot?
Even it is true, US is also the #1 petro consumers and #2 importers meaning it can't be self sufficient for own needs so if you compare the net balance it goes far below the ranking.