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TSiegeyesterday at 4:48 PM2 repliesview on HN

You're also forgetting BRICs and the EU's efforts to create their own banking systems that would make it easier to do trade and finances without the dollar as an intermediary. The dollar being the reserve currency is going to be come more sudden once mass adoption of those platforms takes hold. Who can blame them with how the US is behaving


Replies

ElectricalUnionyesterday at 11:44 PM

"BRICS" is one of those organizations of countries that make even OPEC (famous for being non-commital, non-punishing, barely advisorial organization that doesn't meet it's own goals since the 1980's) look like a very serious group.

JumpCrisscrossyesterday at 5:45 PM

> BRICs and the EU's efforts to create their own banking systems

One of these exists. The other is bluster.