You think their politicians aren't even more corrupt?
LOL
The market says otherwise.
Over the last five years these BRICS national currencies have declined against the dollar:
Renminbi -6.58%
Rupee -14.81%
Real -20.44%
Rand - 21.94%
Ruble - 38.01%
Now consider how much the purchasing power of the dollar has declined in the last five years and realize these places are even worse!
If you think these corrupt regimes with insane capital controls are going to introduce sound money to international finance instead of just try and steal a larger share of their respective population's pie with inflation of their national currencies, you're going to be disappointed.
“ ou think their politicians aren’t even more corrupt?”
No, and I didn’t say that. Go take your straw men elsewhere.
“these BRICS national currencies have declined against the dollar:”
Define “declined” and maybe you’ll have a very scary answer and you won’t post such a thing again.
—”Now consider how much the purchasing power of the dollar has declined in the last five years and realize these places are even worse!”
BUT WAIT, there is more!
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, United Arab Emirates, new members, all invited in for 2024
Argentina with an annual inflation rate of 113%.
But they did pass on Venezuela with an annual inflation rate was 686% for 2021... For now.
“To infinity and beyond!”
Interesting that all their currencies start with R
B real
R ruble
I rupee
C renminbi
S rand
....
The West is being drugged to death. Already western armies have loosened requirements for physical fitness for recruits into their Armed forces. With the LGBTQ stuff and generally laxer discipline, corrupted colleges etc, the West will collapse without BRICS+ having to fire a shot.