Earlier quoted context omitted.
Something like the brics can challenge that. Having a safe currency vehicle that can sustain itself much like the dollar that the world will trust is all the momentum you need. Much like why the dollar is. You have a big player now like China backed by other large populated countries etc brazil.
Brics is nothing but a meeting, conversation and PR arena. It is not an Union of any kind, not military, not scientific, not political, not trade, not cultural. BRICS having it own separate currency and a central bank is as far from reality as the samw thing happening to the qualifying countries in Mundial.
no society is going to just bow down for eternity and accept things as they are for long. if an opportunity presents itself. I'm not understanding what "reality" means as if the BRIC nations aren't in that "reality" as we speak. weaponizing sanctions and intimidating macro foreign economies isn't something that other peoples take lightly. the circumstances from the 90's and now are very much different with very much different rulers taking charge today. less dictators in third world countries and more dictator impersonators of developed countries. There was a less will to do more harm that can be public before vs now everything is public and you become immune to the affects of what could be until it becomes the norm for you. Things change my friend, its frugal thinking otherwise.