Birdwatch Note Rating
2024-06-29 16:09:43 UTC - HELPFUL
Rated by Participant: CB4893A1C5E2FEF7CFF1173D24A940C3A0BBBF54B1195AC3614E1A66117A269A
Participant Details
Original Note:
Misleading. 1. BRICS currency doesn't exist, and proposed plans do not intend on being backed by U.S. dollar 2. U.S. financial sector is not ditching the US dollar, it is deeply integrated into the U.S. financial system https://www.reuters.com/markets/currencies/what-is-brics-currency-could-one-be-adopted-2023-08-23/ https://carnegieendowment.org/research/2023/12/the-difficult-realities-of-the-brics-dedollarization-effortsand-the-renminbis-role?lang=en
All Note Details