Argentina gives Chicoms the middle finger on their BRICS membership scheme

After all the hoopla touting the BRICS organization of China-led nations as the next big thing, Argentina has thrown a middle finger to China's big idea.

They won't join.

According to Politico:

Argentina will not join the BRICS grouping of developing nations, the country’s incoming foreign minister said Thursday.
“We will not join the BRICS,” said Diana Mondino, who will serve as top diplomat in the government of President-elect Javier Milei when he is sworn into office next week.
Argentina was one of the six countries invited to become new members of the bloc, comprised of Brazil, Russia, India, China and South Africa, at its annual summit in Johannesburg in August.

Seems the prospect of joining the world's most-touted club of nations in the press isn't the no-lose proposition it was billed.

The Argentines recognized what was going on -- they might gain certain investments and plaudits as the Next Big Thing in the short term. But long term, they become China's little pawn in its big global power game it is playing to become the world's most powerful nation, supplanting the U.S. Argentina would rather make its own decisions about what agenda it will follow, thank you very much.

I'm guessing that Argentina's newly sworn-in libertarian president, Javier Milei, was playing a power game of his own with the Chicoms. He denounced China as a bunch of 'communists' during his campaign and said he didn't want to make deals with them on a government basis because their philosophy was so disgusting (though private sector trade was fine).

Instead of scream back at him, the Chicoms, knowing that its global prestige was at stake as Milei stated the obvious about them like the little boy at the naked emperor,

As best I can tell, this new foreign minister is local Swamp filth inserted to prevent the new president from draining it too very much.

I would not celebrate this too readily. The overall goal of this new guy is to pipe gas to Latin America as a whole. The Vaca Muerta in western Argentina has shale gas (and oil) and the pipelines are underway. This will erase LNG customers from US export desires.

The intriguing thing unfolding is when that gas flows, odds are not bad the IMF will be told to GTFO and accept an Argentine default. When you have gas, oil and fuel, you face no consequences if you default.

So, overall, do not imagine co-opting this new guy into US favorable configuration. I would expect the Swamp minister to be booted and a reversal of BRICS decision far more likely than repaying the IMF.

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