The BRICS nations made a formal announcement about the new proposed currency. It will weaken our dollar in a major way. Its not actually launched, but it is formally announced. It will most likely be a crypto currency of some kind but not or possibly backed by a tangible commodity index.

This video about 7 minutes long explains it without political bias.

All about control and its Roots are from the Depths of Hell!

Yep - and the Descend begins !! I'm pissed Daily how damn weak our Leadership is in our Country !! Sad that WE have the weakest POS's President and Cabinet Ever !! Oh Well = my Beer is Cold and my Woman is Hot !!

I can’t really blame them for trying to get out from under the thumb of US currency.

Edit: and the idiots that run our country

The key thing here is that the BRICS currency is going to be an everyday currency like the Euro, but backed by half the Earth's population.

Yep, People are tired of the United States being involved and controlling situations the World over, just like people around the world grew very tired of England. The good thing for Us here in the Good Ole USA is We can fed Ourselves “Grow Our Own Groceries” and self sustainable if need be.

If and When the USA falls like the rest of the World I am sure hopes for, I am
Not sure the Earth will be a very good place to still be during that time and transition.

Money made entirely of vaporous nothingness. Even less intrinsic value than the current system of lies.

The number on the hand or forehead stuff is forthcoming. I feel like the old codger at Camp Crystal Lake in Friday the 13th movie.
https://youtu.be/K5SgZTeYFvc?si=-Nd_zV6R50Bcpvmi

My buddy out west called this about a year ago. He thinks these fellas are going to do it the right way. Backed by oil

You say that like the United States is this bastion of truth and justice.

Yes... Most of the World sucks, but the US just sucks less for most folks.

The main reason for the creation of BRICS is that the United States went and weaponized the US Dollar.

I'm not a concerned about BRICS currency as some people apparently are. Most, if not all, of the countries that have formed this unholy BRICS alliance are only slightly more than 3rd world countries. Most of the people that live in these countries are barely above any sort of poverty level and there is a huge disparity between the rich and the few wealthy elites in these countries.

A few like India and Brazil are poised for really emerging, but I'm not so sure if they can get out of their own way in order to get that accomplished. Countries like China and Russia, are dead men walking I doubt we will see them survive much longer in their current forms. They rattle a lot of sabers, but their current governmental and economic models are unsustainable. South Africa is a complete joke of a country now.

The United States, if we can keep from imploding culturally and politically can survive very very well in a future where the world is less dependent on foreign trade and leans more toward isolationism. Most other countries cannot exist this way, but we can.

The United States created the international trade the way we see it today and has been the ones who have made it all possible since WWII. It will be interesting to see what happens when we back out of protecting the shipping lanes for everyone and start back to building our own stuff right here.

This can't happen soon enough. We've been a bad actor on the world stage for quite a while now. It's time to take that power away from the Feds. If the people here aren't willing to do it, then it's up to the BRICS countries to do it.

Told yall it was coming few weeks ago

I think its a good thing because it will cut down on never ending wars and create an environment where people will want to stay in their own countries.

Competing currencies is good for people and bad for gov'ts.

should I tansfer all my 401K into BRICS bucks?
Like buying into BTC in 09, i wanna get in on the ground floor

That might not be a bad idea because if its going to be like I think they are going to make it, the BRICS buck should be far more stable than the dollar. Its likely going to be based in Austrian economic principals not Keynesian fundamentals like the dollar.

Hard to believe I'm considering investing in China, Russia, and India and not the USA. Probably start dumping some money into FEDDX and FEMKX.

It really is looking like a solid opportunity, certainly better than the garbage we got now.