4 ms·
The money supply issues, coupled with financial system competition from BRIC, will lead to a worse future than the present. The western world is never going ba
by champagnois 5y ago
The money supply issues, coupled with financial system competition from BRIC, will lead to a worse future than the present.
The western world is never going back to the post-USSR high it was enjoying. Ever. The competitors have awakened and are making their moves globally. Most westerners are asleep.
- FormerBandmate 5y agoBRIC is an out of date meme from the 2000s that isn't used anymore by any serious economists. B and R were dominant off of the commodity boom and have receded substantially, I has potential but is held back by poor governance, and C is legitimately an economic power (although too unstable politically to hold financial control) but is causing pretty much all the supply chain issues with their stubborn zero-covid strategy and is sabotaging their own economy. Geopolitically, you're right, but economically, there's more threat from crypto than BRICs to the current order
- champagnois 5y ago>economically, there's more threat from crypto than BRICs to the current order I am blown away by this belief of yours. Crypto is basically a scam.