As they should. First the EU tried to weaponize trade and even SWIFT against Russia, and now even price caps on Russian gas in the middle of an energy crisis? Which sane businessmen would not strengthen trade with more friendlier partners (India, China, etc.) Instead?
Yup. The US could handle all that crazy spending because their Reserve-Currency-Dollar is in Companies and Governments banks and reserves around the world. Once BRICS gets is own (and they are making progress), that would mean that all these Dollars are starting to flow back to the US. This could get Great Depression-Tier, if not even Weimar-Tier for the US (which will further devalue the Dollar of course)
As they should. First the EU tried to weaponize trade and even SWIFT against Russia, and now even price caps on Russian gas in the middle of an energy crisis? Which sane businessmen would not strengthen trade with more friendlier partners (India, China, etc.) Instead?
Once BRICS get their own reserve currency up, it's GG for the US Dollar. You think inflation's bad now? You ain't seen shit.
Yup. The US could handle all that crazy spending because their Reserve-Currency-Dollar is in Companies and Governments banks and reserves around the world. Once BRICS gets is own (and they are making progress), that would mean that all these Dollars are starting to flow back to the US. This could get Great Depression-Tier, if not even Weimar-Tier for the US (which will further devalue the Dollar of course)