I doubt it’ll be any of the BRICS currencies, although my only knowledge of that stuff is what I get from Peter Zeihan vids on YT. His rather amusing take on that is that each nation only wants to be in it if they can run it, which obviously isn’t going to work. The Euro is already proven to work across multiple nations and 32% more people than the USA, it’s only idiots like us Brits that won’t use it “bEcAuSe SoVeReIgNtY”.
Watching the dollar crash will certainly be interesting…
I doubt it’ll be any of the BRICS currencies, although my only knowledge of that stuff is what I get from Peter Zeihan vids on YT. His rather amusing take on that is that each nation only wants to be in it if they can run it, which obviously isn’t going to work. The Euro is already proven to work across multiple nations and 32% more people than the USA, it’s only idiots like us Brits that won’t use it “bEcAuSe SoVeReIgNtY”.
Watching the dollar crash will certainly be interesting…
Isn’t that a old Chinese curse? ‘May you live in interesting times…’ Hold on to your hat!
It would probably work out ok for the UK if they used the Euro, but it’s still useful to be able to dictate fiscal policy.