58 sats \ 5 replies \ @Satosora 17 Jun \ parent \ on: China's Industrial Growth Slows; Retail Sales Surprise Analysts econ
They will be backing up their own currency with gold, not brics. China will put in 10 billion USD, or the equivalent in their currency. So in fact, brics isnt backed up by gold...
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52 sats \ 4 replies \ @riberet19 17 Jun
I've been hearing about the BRICS for so long... I wonder when it will be a reality
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58 sats \ 3 replies \ @Satosora 17 Jun
Their meeting should be coming up soon, right?
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16 sats \ 2 replies \ @TomK OP 17 Jun
Yep. This summer.
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42 sats \ 1 reply \ @riberet19 17 Jun
Thanks both for the info.
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42 sats \ 0 replies \ @Satosora 17 Jun
Depending on all the members economies, it will be an interesting meeting.
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