Same all I know is that it’s a coalition between Russia, China, South Africa and a couple other countries that want to manipulate the world economy away from the USD to f*** the west bad
its not a real thing lol
when ussr fell political scientists and other international relations people thought the world was going to keep changing in major ways so they were making a bunch of kind of far-fetched predictions. China was going through a good growth period and the theory was that these other countries that had also been poor and seen some s*** would go through a similar arc. So these guys (mostly westerners) came up with the idea of BRICS and said "these are the countries to watch out for in the future!" its not like any of the countries that were a part of BRICS were pushing for it to be a thing, they were just grouped together because of theories abt their possible futures.
of course the projections were wrong and basically none of those countries saw that kind of growth/development except china and kind of india. and none of these countries really developed strong political ties with each other either. Eventually people stopped talking abt BRICS because it became clear it was a stupid concept.
You can tell it's outdated asf because who would put South Africa on that list today? it was mostly just included because of post-apartheid hype.
If you live in America and all of America’s enemies are trying to tank our economy then idk maybe you should be a bit concerned
i promise u BRICS is not real and it cannot hurt u
There was a passable amount of brick puns on the first page
Bricks references stacked on top of each other
i promise u BRICS is not real and it cannot hurt u
Even with recent movement of them trying to decentralize the USD?
Even with recent movement of them trying to decentralize the USD?
that's not BRICS lol
u wanna blame someone for it, blame WEF. ion even know if it's true that anyone is trying to decentralize the dollar but if someone is going for it, it's definitely WEF or World Bank or some s***.
like I said BRICS is not real. it doesn't actually exist, it's an outdated meme from like 2 decades ago.
I don’t care but I care about stacking all these BRICs
As a citizen of one of the member countries - y'all have nothing to be concerned about
Please elaborate
If you live in America and all of America’s enemies are trying to tank our economy then idk maybe you should be a bit concerned
If anyone was trying to do that they’d likely be hurting themselves more
Even with recent movement of them trying to decentralize the USD?
You should learn more about economics before worrying about something like this
Please elaborate
I was trolling with that Jordan smiley but @YANDHI summed it up pretty well
BRICS itself isn't a threat. It's existed as basically a talk-shop between emerging economies for 15+ years. The only thing that's changed is a global reaction to US sanctions on Russia that deterred trust in USD. If US can start freezing reserves and using them for war funds, they can do it to anyone. So now everyone is looking to slightly de-dollarize where they can including BRICS thinking about their own internal group currency that would protect against USD sanctions.
People have this fantastical idea that BRICS is a NATO-like alliance or the G7. There's no binding treaty here its just a club of countries (some of which don't like each other) that understand the importance of working on key issues as developing states.
There's not going to be some flip in economic systems over this, but it sped up developments that otherwise coulda taken another decade. USD is still the world's reserve currency and will stay that way unless the US f***s it up. BRICS ads pressure sure but not as some evil plan to hurt U.S, its cus they need to save their asses
honestly as a person who lives in a brics country i want this currency to happen ASAP the US and Europe are doing too much.
It's better for the rest of the world to disengage from these countries because they always starting s*** on a major scale.
Its leading us to nosedive into World War III over controlling Global Trade lmao
How because the countries under brics have no connection to the west, all the brics countries have to do is disengage and its a wrap. The US and EU can't compete with china and russia in terms of military force that would be like committing suicide. Also considering China's role in manufacturing components.
Also no African country would even try to participate considering how china has really entrenched themselves in Africa.
i promise u BRICS is not real and it cannot hurt u
Boy it's beeeen a thing since like 2010, just because the west isn't involved doesn't mean it doesn't exist. The countries that are in it do benefit from it and have been.
From trade, employment internationally, education etc
As a citizen of one of the member countries - y'all have nothing to be concerned about
until America f***s up and does something stupid.