Another cope I am getting now is that BRICS is just China and they're all somehow Chinese puppets. The BRICS system looking like gold backed local currencies of several different Nations all regional types of powers at least are somehow all just going to be beholden to China. I can understand a trade deficit argument IF CHINA DIDNT RELY ON SO MANY OF THEM TO FUEL THEIR EXISTENCE. This is somehow more centralized or more dangerous than entirely centralized USD system (irredeemably corrupt btw).