Comments by "" (@orboakin8074) on "Would a BRICS Common Currency Work?" video.

  1. I'm not even American (I'm Nigerian) and even I know the US dollar isn't going away anytime soon. For starters, no other country can match the USA's economic, cultural and military might. Second, most of the other competitors, like China, artificially control their currency rather than let it flow on the market like the USA. Third,to become a global currency requires massive investment and spending that America did over many decades and that China, Indian or Russia will never do. Finally, most countries, even BRICS members, depend on and trust the US dollar more so than their own currencies and their crippling socioeconomic issues are another hinderence. It's not going away.
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