2 dying nations and the most heavily indebted nation in History decide to form their own currency. Not to mention a failed state in Africa.
Give me a break.
Once they have their own alternatives to the west’s debt-based sysystem, they will be able to renounce their West-backed debt completely, reclaim their natural resources, and start fresh.
Banks, other trade currencies, common funds transfer alternative to SWIFT, own development bank.
The dollar will remain the reserve currency for now. There is no alternative.
You reap what you sow