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Message
Posted on 6/24/23 at 1:36 pm to Lakeboy7
quote:You do struggle, don't you?
Oh yes BRICs
BRIC is a tip of the iceberg response. BRIC's B&I are obviously soft attachments.
What is not soft is global realization that a fiat currency cannot serve as a safe reserve if the originating source shows readiness to weaponize it. We've shown our willingness to weaponize the USD.
What is not soft is global realization that a banking system (e.g., SWIFT) cannot serve as a safe repository if it shows a ready willingness to be weaponized.
Likewise, international systems unilaterally punishing people, and/or seizing citizen's assets (aka, theft) because they happen to live in a country opposed to the international system are acts observed and noted by every wealthy person on the planet. Those observations basically extend to every country not named America.
The trigger to those observations was ridiculously unnecessary.
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