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> BRICS is the new reserve currency

and then you say:

> America pushed too hard on bad policies, poor public sector services, unaffordable health care, and lower education standards... there's no coming back from that.

Yes, because BRICS doesn't have any of these issues...

USD will be the reserve currency because even if United States has its own problems, it is still better than the rest of the world.



America as a reserve currency is based on debt. BRICS (from what I understand) is based on assets.




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