this post was submitted on 06 Jul 2025
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For the first time, Xi is missing a China-backed BRICS summit. Why? (www.aol.com)
submitted 2 months ago by 52fighters@lemmy.sdf.org to c/worldnews@lemmygrad.ml
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[–] Maeve@lemmygrad.ml 3 points 2 months ago

BRICS isn’t trying to collapse the USD. There’s just less demand for USD when BRICS trade with each other using currency swaps as they do now.

They may well not be, but this seems a natural outcome, especially with the stable genius's oscillating "policies" unless I'm missing something.