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elAhmoyesterday at 7:09 PM2 repliesview on HN

I can't believe people actually bring BRICS in serious discussions.


Replies

troadyesterday at 10:31 PM

HN is great for technical discussions, but is below average for political or macroeconomic discussions. A HN comment thread on those topics is essentially indistinguishable from a NYT comments section, which I mean as an unfavourable comparison.

Turns out that being good at SQL does not make one good at the subtle social art / science of power and governance. If anything, the correlation is inverse. This shouldn't be surprising.

hnburnsytoday at 12:15 AM

>BRICS has implemented initiatives that could reform the global financial system, such as the New Development Bank, the BRICS Contingent Reserve Arrangement, BRICS PAY and the BRICS Joint Statistical Publication. BRICS has also advanced de-dollarization to reduce the use of the U.S. dollar as reserve currency. In its first 15 years, BRICS has established almost 60 intragroup institutions and an extensive network including think tanks and dialogues.

>https://en.wikipedia.org/wiki/BRICS

So what is the problem mentioning a future BRICS possibility while discussing de-dollarization. Not a challenge want to understand.