By Seton Motley
The United States being for the last several decades a now 70+% consumption economy has done a tremendous amount of damage to the nation.
One of the very few beneficiaries of this idiocy has been the Big Banks. One-third of a billion Americans spending most of their days spending? Is great for the people issuing the credit cards and loaning the dollars.
Advertisement
But what if something major happens to those dollars? Like, say, about half of the planet’s population halting its use as the default planetary currency?
This is increasingly becoming a possibility. Behold the BRICS-Plus countries:
(A)n association of the countries Brazil, Russia, India, China and South Africa….On January 1, 2024, the 5 countries Iran, Saudi Arabia, United Arab Emirates, Egypt and Ethiopia joined the alliance. Indonesia joined in January 2025. In total, BRICS Plus now comprises eleven countries that are emerging economies.
A total of 3.93 billion