BRICS has been in motion for 20 years or more. The demise of the dollar was evident since the 1970s. SWIFT is just another attempt to keep the party going
The problem with these long slow societal changes is that even when you know the outcome, the event horizon is so far away you can be completely right about the outcome but way too premature in preparing for the event.
Dedollarization is the trend. Salute to all the old time pm bugs that I cut my teeth on but who passed before being able to harvest their fruits. Crypto is now soaking up dollar liquidity while creating an electronic cage that will become so personalized it will resemble a second skin.
BRICS has been in motion for 20 years or more. The demise of the dollar was evident since the 1970s. SWIFT is just another attempt to keep the party going
The problem with these long slow societal changes is that even when you know the outcome, the event horizon is so far away you can be completely right about the outcome but way too premature in preparing for the event.
Dedollarization is the trend. Salute to all the old time pm bugs that I cut my teeth on but who passed before being able to harvest their fruits. Crypto is now soaking up dollar liquidity while creating an electronic cage that will become so personalized it will resemble a second skin.