India is far too enmeshed in Western economies to lose access.
Brazil is the country of the future and always will be.
Russia is Nigeria with nukes, and its BRICS deals are only there because Putin is subordinating the Russian economy to the Ukraine War.
The only real power is China, and most of the BRICS deals are basically barter swaps denominated in each others currencies for specific products or basically renminbi for buying Chinese goods. It's COMECON II.
Agreed about China, and China is in trouble because they’ve lost sight about what laid their golden egg, in their leadership’s quest to regain more of a command economy (than the command economy they already have.)
Agreed about China, and China is in trouble because they’ve lost sight about what laid their golden egg, in their leadership’s quest to regain more of a command economy (than the command economy they already have.)
If Brics were meaningless, why would over 50 countries have membership interest or applications in various stages of approval.
Biden/Blinken should hang for their failures in diplomacy allowing Brics to rise challenging world wide USD based trade.
US won’t be able to afford much Freedom of the Seas Navigation Rights, or the right to float the Navy on certail coastlines in that role, as funds dry up.
Two thirds of the world’s populaton are going to be int he Brics footprint.
Brics nations are not “weual’ trading partners with the West, but they are more closly aligned in current economic economy and costs to find favorable trade among themselves.
The US will have to live with a shrinking piece of the global footprint. We have done it to ourselves with Swift, Sanctions, Seizures and threats.