00:00Mm-hmm. Andy, what do you make of that? Is that fair? Do you think that BRICS is just pretending that it doesn't want to take on the US for this dominance on the world stage, but also...
00:14Or China.
00:15Sorry. Well, if BRICS is trying to be a global head with China at the front of BRICS, do you think China is using BRICS a little bit to give it another tool to kind of counter the US?
00:31Well, first, Linda, I would challenge this framing of China wanting to be a global hegemon. So I think no country, no leader of any country wakes up, most, at least in contemporary history, wake up saying that they want to take over the world, turn over an existing order.
00:54Now, certainly, some in the United States, either for personal benefit or perhaps misguided beliefs, do have this paranoid feeling, right? But I think that it's to solve a problem. So one problem that many countries around the world have, not just China, is the weaponization of the US dollar and the global payment system, SWIFT.