It’s no secret that the fast-growing BRICS has been exploring the idea of creating their own shared currency for quite some time now. But we’re now hearing talks that the bloc has officially started working on. If you ask me, I’d say yeah, it’s about time. Now let’s take a closer look at what they’re cooking, under the leadership of by India.
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0 sats \ 9 replies \ @GhostofTruth 27 Feb 2024
this is indeed an interesting process. the beginning of a multipolar trading world. let's see what bridges are built between the dollar system and the new bricks trading system. but i don't see who would have an interest in wanting to hold a digital currency from this space personally.
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21 sats \ 8 replies \ @ch0k1 OP 27 Feb 2024
If this becomes the new petro or gold pegged currency it will easily get traction...
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0 sats \ 7 replies \ @GhostofTruth 27 Feb 2024
It's possible that we'll see a split energy market at one point
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0 sats \ 6 replies \ @ch0k1 OP 27 Feb 2024
Split between what?
The main energy players are again concentrating to the one side...
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0 sats \ 5 replies \ @GhostofTruth 27 Feb 2024
The US is no. 1 oil producer if I'm right?
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0 sats \ 4 replies \ @ch0k1 OP 27 Feb 2024
No, you're not 🤣😂
OPEC+ countries (Saudi Arabia, Kuwait, Oman, Bahrain, Russia, Kazakhstan just to name a few) are the biggest oil producers
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0 sats \ 3 replies \ @GhostofTruth 27 Feb 2024
Somethint to think about....
https://m.stacker.news/17723
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0 sats \ 2 replies \ @ch0k1 OP 27 Feb 2024
I really doubt it... what's the source of your screenshot?
Even it is true, US is also the #1 petro consumers and #2 importers meaning it can't be self sufficient for own needs so if you compare the net balance it goes far below the ranking.
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