The three main reasons why “BRIC” will eventually fail

Can BRIC succeed? Lost Barbarian: There are three main reasons for a currency to truly become a world currency: 1. You have to use time to prove that you have credibility. The newly created currencies are all rogue countries, so what credibility do you have! 2. You must have enough reserves, and these reserves must be used. Oil from the Middle East, Iran, and Venezuela can be used as reserves, but you must be able to transport it out. If it cannot be transported out normally and circulated normally, it will be dead money at home. Who knows? I won’t pay attention to you, just like Venezuela, the United States sanctions you and doesn’t use your oil; 3. Do you have an aircraft carrier? The United States has more than a dozen third-generation aircraft carriers. If any currency is to be supported, it must be supported by force. Without force, how can your currency be supported? If they beat you to the ground, can you still use it? So in terms of credit, circulation, and force, does the BRIC coin exist? Russia is almost being attacked from top to bottom, left and right, do you still have force? These three key factors determine whether this currency can become a real world currency under extreme circumstances. I think the BRIC currency does not have the credibility, the ability, and the defensive power. It may make a big fuss, but it will eventually fail. . # pangu大观#山海经