Why We SHOULD Take China & The 23 BRICS Nations Seriously

Raymond Mhor ^ | 7/1/23 | raymondmhor

[CFW]

A week ago, I published an article about how Walmart’s Walton family has sold off more than 71 million shares of stock this year alone.

This is the most they have ever sold and the largest amount they have ever sold as far back as 2016. At least, that is what I have seen in my research.

From March 2023 to June 2023, they have offloaded that huge amount.

This action has raised a lot of questions about WHY they would be offloading this much stock in such a short amount of time.

In looking at what would cause them to do this and sell such a huge amount, I started doing some digging, and something that will affect Walmart and just about any other big box store will be when Brazil, Russia, India, China, and South Africa come together as BRICS and bring in 23 new nations.

The nations that are joining this trade alliance taking place in August will be…

[CFW]

I've read very little news lately on BRICS and the nations that will be joining their alliance later this summer. How is that alliance going to affect the U.S. economy?

[nickcarraway]

I thought there were four BRICS nations? And how does it make sense to lump Russia in with the other three? And now China’s population is declining.

[entropy12]

Short answer is YES.

[nickcarraway]

Brazil is significantly below replacement, and India is a tiny bit below replacement rate.

[eyeamok]

All the funny money we have been printing and sending around the world will all come back. If you think inflation has been bad since Brandon took over, you aint seen nothing yet.

[CFW]

“I thought there were four BRICS nations? “

---

More countries are petitioning to join BRICS. Many of them are oil-producing countries. Those looking to join are:

Afghanistan, Algeria, Argentina, Bahrain, Bangladesh, Belarus, Egypt, Indonesia, Iran, Kazakhstan, Nicaragua, Nigeria, Pakista, Saudi Arabia, Senegal, Sudan, Syria, The United Arab Emirates, Thailand, Tunisia, Turkey, Uruguay, Venezuela, and Zimbabwe

[delta7]

Many more than Brics- in short, senile Joe destroyed US hegemony.

“ More than half of all African nations
confirmed their participation in
Russia-Africa Summit at highest level -
Russian MFA Final preparations are underway for the Second Russia-Africa Summit to be held in St. Petersburg in the end of July, Russian Foreign Minister Sergey Lavrov
said at an online briefing.
“We are about to enter the homestretch. Almost all countries have confirmed their participation at the highest level. It’s not just ten to twenty countries, but more than half of all African nations have confirmed their
participation,” the top diplomat said.”

https://theduran.locals.com/index.php

[Brian Griffin]

“Walmart’s Walton family has sold off more than 71 million shares of stock this year alone”

What are they doing with the proceeds?

[Brian Griffin]

https://groceryoclock.com/countries-that-have-walmart/

[CFW]

Countries have been buying gold, quite a bit over the past year, and I wonder if they are more worried about this upcoming alliance than they are letting be known.

https://www.ft.com/content/631003da-2bf0-4e08-aece-6a8ade9260d2

"Central bankers who manage trillions in foreign exchange reserves are loading up on gold as geopolitical tensions including the war in Ukraine force them to rethink their investment strategies.

An annual poll of 83 central banks, which manage a combined $7tn in foreign exchange assets, found that more than two-thirds of respondents thought their peers would increase their gold holdings in 2023.

Bullion tends to become more attractive in times of instability, and demand has soared over the past year. The amount of gold bought by central banks rose by 152 per cent year on year in 2022 to 1,136 tonnes, according to the World Gold Council, a trade body."

[sauropod]

.

[Brian Griffin]

“WHY they would be offloading this much stock in such a short amount of time”

Temu?

Not same day as with Amazon, but Temu’s warehouse people are paid Chinese-level wages.

[Gen.Blather]

“How is that alliance going to affect the U.S. economy?”

I’ve read a lot on the subject, and it appears the prevailing opinion is, not much. The BRICS are unlike any Western group. The Chinese is threatening to everyone. China has only one “ally,” Pakistan, and that’s only because they have Pakistan by the short hairs. They’re going to get along with India? The battles along the line of control is a potential war being fought with sticks and real deaths. Brazil is tettering on the verge of something unpleasant. Russia is bordering on financial collapse. South Africa is officially a failed state. Iran will betray anyone for a buck.

Everyone in the BRICS “alliance” hates almost everyone else and they’re all after some advantage over the others. Of course, they’d like to do away with dollar dominance but only China produces enough money to fill the dollar void, and NOBODY wants to end up holding their currency. Least of all the Chinese.

To be the reserve currency, the country holding that title must have no desire to balance their trade. If they do, then nobody would have enough of the balanced currency to trade with other countries. As for a currency backed by gold, whose gold? The EU has already tried to be the dollar’s competition. But Euros account for only twenty percent of world transactions. Why? Because multiple countries using one currency also need one economic plan to function. The Euro has one currency but twenty different economic policies. It simply doesn’t work and will eventually fail. For example, Greece wants a loose Euro and Germany wants a tight Euro. They both have important reasons for their desires, and they are diametrically opposed. The only reason its working is Germany keeps lending money. Eventually, they’ll have to stop. China sees itself as the leader of the BRICS. Nobody else in the BRICS wants that to be the case.

There have been articles about doing away with dollar dominance for my entire life. It’s probably not going to happen.

[nickcarraway]

BRICS was just a term some economists were using. What possible criteria connects these countries.

Bangladesh has a large population than Russia, with a birth rate a little bit lower than India.

Indonesia has a population of 275 million, and a birth rate above replacement rate.

Pakistan has 230 million, but their birth rate is almost twice replacement rate.

Nigeria is approaching is nearing 220 million, and it's birth rate is significantly higher than Pakistan's.

[CFW]

“There have been articles about doing away with dollar dominance for my entire life.”

---

And also for your entire life there have been countries working to do away with the dollar’s dominance. Those such as the Chinese play the long game and make plans for their nation a hundred years in advance. Their work and diligence may be about to pay off and they are now a lot closer to reaching their goal.

Those buying Russian’s oil have been required to pay in rubles and have done so. That is a crack in the “petro-dollars” dominance as the reserve currency showing it CAN be done.

Just because something has always been, does mean it will always be so.

Just look at all the things that we thought “could never happen in the U.S.” but have actually happened here in the past few years.

[Gen.Blather]

The Chinese who play the long game are in the worst demographic collapse in human history. They will most likely not be a single country in something less than fifty years. As for further long gaming, they hyper financed their economy to keep it growing and have used more cement and steel in the last thirty years than America did in the last hundred. This has been hugely wasteful. They have more high-speed rail lines than the rest of the world, but only a handful of routes run at a profit. That’s because building them counted towards GDP. But operating them is too expensive to keep up. The ticket prices are so high that would-be riders take long haul busses because they have time but not money.

[ealgeone]

But hey….we have homo month, junetennfth, DIE, men pretending to be women, reparations and AOC!

[GOPJ]

More importantly, what will mega-corporations do when they can’t get their Chinese / BRICS-made raw materials?

Can they make their goods anymore if they can’t get the raw materials?

To compete in the future STOP KKK hiring... KKK? Hiring based on Kolor, Kink, and Kin (rich powerful daddy') and start using merit.

We have time and the advantage of being a free society. That encourages creativity. If we close down theft of our intellectual property much of the world will fall to it's knees.

[airborne]

Joe Biden takes 10% of their money..... Seriously.

[rfp1234]

If they change their name to CRIBS (With Chicoms in the lead) it’ll be time to worry.