Comments by "Vaska Tumir" (@vaska1999) on "BRICS Launches Intrabank System: Disruption of Western Finance System?" video.

  1. Excellent idea!
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  2. The new BRICS+ intra-bank payment system offers an alternative, and a very much needed one, too. It wouldn't be necessary if the West played fair, but it's in the business of domination and exploitation rather than mutually beneficial cooperation.
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  3. Just an omission. India's already trading in its own currency as well as rubles in its trade with Russia.
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  4. No, thanks.
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  5. My hunch is, never. We're prisoners of our geography, I'm afraid.
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  6. It's not a new currency but a new system of making payments between countries.
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  7. That's already being done. Saudi Arabia's decision to accept the RMB/yuan for oil is an example of that, as are the use of local currencies in India-Russia trade.
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  8. No. Why should it? It's already trading exclusively in rupees and rubles with Russia
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  9. The dollar replaced the pound sterling as the global reserve currency only after WW2, during which the US had deliberately destroyed the pound.
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  10. How soon? BRICS are expected to announce it later this year.
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  11. They're expected to announce/launch their intra-bank payment system later this year. De-dollarization is accelerating in reaction to the US and the EU seizing Russia's sovereign foreign fund reserves, as it's become clear that the collective West has no qualms about stealing your money.
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  12.  @markbaxter4527  Too late for that. US corporations moved their production plants to China 30 years ago and aren't bringing them back. Neoliberalism, the thing championed by Reagan and then Clinton did us in.
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  13.  @jasonmaguire7552  Not being a slave to the US, for one.
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  14. Palestine's been invited to attend as a guest. It's not been invited to join, something that first requires the establishment of the state of Palestine.
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