INDIA , Russia, Brazil, China, and South Africa may soon consider creating their own currency for BRICS : FM Lavrov
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beijingwalker
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No,I hit, lolDid I hit a nerve ?
beijingwalker
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"There's no comparing India and China" - chat on Baiyun Mountain, Guangzhou
Oh my, a random man and his comment. How exciting.
beijingwalker
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Many similar videos, actually lots of Indian students study in China they all have vlogs on youtube. you can go and check them out, or you can post a Indian living in China saying China is less developed than India.
jhungary
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I am sorry, why are we talking here then?Are you Stupid ? This entire thread is on FM Lavrov's comment on BRICS currency.
Are you under the impression I am FM Lavrov ?
Why do I need the "good luck" ?
I assure you I am not FM Lavrov. I am just a poster on a pakistani forum.
If there is political will and if there is a need then there will be a Way.
Which is how I started my statements. Multiple times. But you continue to insist I am FM Lavrov. I can only offer my sympathies when you find out I am not him.
The guiding principle of any such foundation has to be to avoid Conflict of Interest. But at the same time ensure proper representation of currency value.
It depends on what voting rights you are claiming. The constitution and charter of such an organization has not yet been defined. By anyone.
That would be the Independent organization like the IMF I have reputedly mentioned ad backed by the combined economy of all member nations. New development bank would be one such banking option. Just like how world bank was formed.
Why are BRICS required to match Chinese on this 1 to 1 ? This would only be a international trading currency. With its valued pegged to the basket of national currencies and economies.
It has to be backed by ALL the nations that come together to form this basket. Pay for it based on their own respective economic size. An Annual membership fee.
I am hostile because you keep asking me the same question again and again. Even after I have answered it multiple time.
I have already mentioned the pros of this currency. Its for china to decide if its worth it for them. How would I know the answer to that ?
You are not Lavrov, You are not the one that agree with comrade Lavrov said, and then you don't really know how it was implemented if it was implemented. And then you are saying it's up to China to decide whether or not it will benefit them??
again, why are we talking here then?? I don't know.
Why would I do any of that ? Why would I care what happens in china ? Why would any of that matter to me ?
beijingwalker
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Good, Now I learned you don't care about China, good to know.
I was talking about the possibility of a global currency and the possible mechanism that would govern it.
I have no idea what you are talking about.
Why would anyone ? unless they are Chinese or have some vested interest in china.
doorstar
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oops errors can happen like him referring to sushma as a he, clueless retard and doval as the real authority etc.
Are you joking, a lackey to Amerca and EU speaking of more in charge of destiny, lol.
China may not agree for India and other to replace their currency with Chinese Yuan too.
jhungary
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Yes, You were talking about the possibility on such currency, but then your point is either "Let China think about it" or "I don't know enough to understand how this work" or "I am not the one talk about it" or "I am not going to write the charter on PDF"
That left not too much to talk about...I mean, that essentially only mean you support such idea, how to implement it, you don't know, and it's not your business, nor was it your responsibility to have China included in this deal. Then what else were there to talk about??
Says a chinese slave pretending to be Canadian. lol.
I was talking about the need for such a currency.
I have already wrote multiple times about its possible working only you seems to be deliberately thick to it.
You seem to want to know why and how china will participate in it, but rather than ask any chinese you seem to want to insist that an Indian answer this question.
The absurdity is beyond belief.
Also nobody invited to to the talk, so don't blame me if you suddenly find yourself clueless about the discussion.
Slave of a slum country still doesnt have proper toilets at large has the gall to ridicule others being slaves, only can happen in delusional land.
Slaves can only think about toilets and gutter oil. lol at the slave who is proud of his masters toilet.
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