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47 sats \ 2 replies \ @OT 18 Aug \ on: BRICS grow into a strong energy alliance with growing pricing power news
I doubt it will happen that fast. I doubt that BRICS are going to open source their CBDC. If they back it with gold, where is the gold stored? Where is it verified?
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0 sats \ 1 reply \ @TomK OP 18 Aug
I also believe that I any gold tends to a centralism, and a centralism of power. so the storage of gold is done by china and Russia. Of course, as a normal person you shouldn't have confidence in such a currency, but we are talking about relative power shifts in geopolitics. The big loser will be Europe, which has nothing left to offer except green infantile nonsense and a de-industrialization of its continent.
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47 sats \ 0 replies \ @OT 18 Aug
In the west Universities seem to still be quite popular for international students from BRICS countries to get "prestige" from a certificate. I don't see that changing anytime soon. I guess it could by force, but that would be almost impossible as the world is so much more connected these days.
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