SDF Chatter
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 2 years ago

BRICS Officially Announces Financial System Similar to SWIFT

watcher.guru

external-link
message-square
7
link
fedilink
  • cross-posted to:
  • worldnews@sh.itjust.works
  • news@hexbear.net
  • worldnews@lemmy.ml
78
external-link

BRICS Officially Announces Financial System Similar to SWIFT

watcher.guru

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 2 years ago
message-square
7
link
fedilink
  • cross-posted to:
  • worldnews@sh.itjust.works
  • news@hexbear.net
  • worldnews@lemmy.ml
The BRICS alliance will create a new financial messaging system similar to SWIFT and trade in local currencies and not the US dollar.
alert-triangle
You must log in or register to comment.
  • 小莱卡@lemmygrad.ml
    link
    fedilink
    English
    arrow-up
    27
    ·
    2 years ago

    naked capitalism liberals in shambles rn.

    • ElHexo@hexbear.net
      link
      fedilink
      English
      arrow-up
      26
      ·
      edit-2
      2 years ago

      deleted by creator

      • 小莱卡@lemmygrad.ml
        link
        fedilink
        English
        arrow-up
        27
        ·
        edit-2
        2 years ago

        not mad brics will fail, history ended and the dollar is irreplaceable. this is a critical thinkers blog.

  • Large Cane Toad@lemmygrad.ml
    link
    fedilink
    English
    arrow-up
    20
    ·
    2 years ago

    So does this mean India and China will both participate in this system financial with one another and cooperate? If so that sounds kinda big honestly.

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
      link
      fedilink
      arrow-up
      13
      ·
      2 years ago

      That would indeed be the case, and agree that would be a huge development.

      • lemmyseizethemeans@lemmygrad.ml
        link
        fedilink
        arrow-up
        14
        ·
        2 years ago

        Folks this is massive. Circumventing the dollar, reducing all political sanctions leverage of ‘the west’, ending IMF/World Bank economic hegemony… absolutely massive

  • Guamer [she/her]@hexbear.net
    link
    fedilink
    English
    arrow-up
    13
    ·
    2 years ago

    I’m not sure how stable a Taylor Swift-based currency would be, but it would still be more so than crypto.

  • Redcuban1959 [any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    11
    ·
    2 years ago

    Finally, a rival for Taylor Swift taylor-commie

World News@lemmygrad.ml

worldnews@lemmygrad.ml

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !worldnews@lemmygrad.ml
Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 105 users / day
  • 399 users / week
  • 791 users / month
  • 1.73K users / 6 months
  • 25 local subscribers
  • 3.15K subscribers
  • 5.51K Posts
  • 28.5K Comments
  • Modlog
  • mods:
  • Muad'Dibber@lemmygrad.ml
  • Soviet Snake@lemmygrad.ml
  • loathsome dongeater@lemmygrad.ml
  • ☭ Comrade Pup Ivy 🇨🇺@lemmygrad.ml
  • BE: 0.19.11
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org