BRICs will fail spectacularly. None are positioned well for the 21st century in relative terms, from demographics and cost of capital, to technology and governance.

At least here in Brazil, as far as I'm aware, there isn't a single law or moviment from the government in order to stop using dollar for international trade.

On the contrary, most brazilian banks now allow to open accounts on dollar currency.

Maybe the trade between China and Brazil might be on another currency, most possibly Chinese Yuan... That's terrible enough for brazilian companies.

Dollar will certainly rise against de brazilian currency...

On the other hand... This might be an excellent opportunity for Bitcoin here. But, we'll bleed for sure. 😔