Comment by detourdog
2 months ago
I agree that it has been unused but disagree that it will always go unused. I think that China is using the US current global antagonism to encourage others to participate.
2 months ago
I agree that it has been unused but disagree that it will always go unused. I think that China is using the US current global antagonism to encourage others to participate.
> disagree that it will always go unused. I think that China is using the US current global antagonism to encourage others to participate
China is in a border dispute with another founding member of the BRICS. Another is in the Western Hemisphere and will become a proxy-financial frontline.
There will be yuan, Euro and dollar payment rails. (If the EU had failed to unify, they’d be getting divided up between Washington and Moscow again.)