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I've been hearing about the BRICS for so long... I wonder when it will be a reality
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Their meeting should be coming up soon, right?
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Yep. This summer.
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Thanks both for the info.
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Depending on all the members economies, it will be an interesting meeting.
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They will be backing up their own currency with gold, not brics.
China will put in 10 billion USD, or the equivalent in their currency.
So in fact, brics isnt backed up by gold...