4 ms·

I can't believe people actually bring BRICS in serious discussions.

• troad 9mo ago
  HN is great for technical discussions, but is below average for political or macroeconomic discussions. A HN comment thread on those topics is essentially indistinguishable from a NYT comments section, which I mean as an unfavourable comparison. Turns out that being good at SQL does not make one good at the subtle social art / science of power and governance. If anything, the correlation is inverse. This shouldn't be surprising.
  • deleted 9mo ago
    [deleted]
• hnburnsy 9mo ago
  >BRICS has implemented initiatives that could reform the global financial system, such as the New Development Bank, the BRICS Contingent Reserve Arrangement, BRICS PAY and the BRICS Joint Statistical Publication. BRICS has also advanced de-dollarization to reduce the use of the U.S. dollar as reserve currency. In its first 15 years, BRICS has established almost 60 intragroup institutions and an extensive network including think tanks and dialogues. >https://en.wikipedia.org/wiki/BRICS https://en.wikipedia.org/wiki/BRICS So what is the problem mentioning a future BRICS possibility while discussing de-dollarization. Not a challenge want to understand.
• Peaches4Rent 9mo ago
  Explain why. That's more than half the world's population
• direwolf20 9mo ago
  [dead]