We won't be seeing a BRICS currency any time soon
(www.nakedcapitalism.com)
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But every country, doesn’t necessarily need other countries resources bc many can produce their own. Every country needs oil and gas. The US has more than enough resources to sustain our country for tens of thousands of years. No reason to import. It’s similar to even how the north vs the south in the US historically worked. My son learned two very different sides of the civil war, one in the north, the other in the south. The north needed the resources produced by the south vs slavery. So how do you create a level playing field? I’ve always felt BRICS was trying to implement it by being gold backed. Trade resources for gold, vice versa. Gold for oil.