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MitchandDaisy
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BRICS economic alliance
9-Jul-23 18:23
So anyway, yesterday I'd posted a new thread, about BRICS, and today it was removed. Awaiting response from support to know who removed the thread and why, because it did not break any rules.

BRICS is a group of countries who wish to counter fiat currency such as the U.S. dollar, with, for example a gold-based currency. Also they aim for multipolarism and better global economic balance. I've been loosely following BRICS for many years, the founding countries being Brasil, Russia, India, China and South Africa. Many more countries are waiting to join this emerging alliance. I find this interesting at the very least.

https://www.crypto-news-flash.com/breaking-news-brics-launches-game-changing-gold-backed-currency-dethroning-the-dollar/

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PhallicSupermacyOne
Member Since: 16-Jul-20
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9-Jul-23 21:01
There are many who find the appeal of a multipolar world intoxicating but they refuse to see the hangover coming their way. Irrespective of any legitimate grievance here are some thoughts for the BRICS pep rally section.

1. What would global commerce be like without the US Navy controlling the oceans? Add in the support by the British and do they really not see what is ahead of them????

2. Language and currency drive our world of 2023. What would happen when the Dollar is not the standard for commerce? What currency can boast of returns and stability of the Dollar? Think, Exchange Rates on steroids.

3. What would the BRICS Alliance mean for driving our world to World War III? Forming an alliance to promote commerce is one thing but BRICS is forming because of hatred of the USA. How will those founding members of BRICS stay aligned with no truly common goal other than hating America?

India is all about national interest, as it should be so how will they stay in the alliance????

Communist China is a top-heavy dictatorship that due to demographics is headed to a calamitous end and will try to take the world down too.

Russia is well, Russia. They cannot win what is basically a regional conflict in their backyard but they want to lead a global alliance on economic growth????

Brazil is sitting on more potential to leap forward than any nation but their Leftist side will destroy any path to develop real success and drive it into a crash.

We will see.

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MitchandDaisy
Member Since: 28-Jul-13
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11-Jul-23 00:23
PhallicSupermacyOne said: There are many who find the appeal of a multipolar world intoxicating but they refuse to see the hangover coming their way. Irrespective of any legitimate grievance here are some thoughts for the BRICS pep rally section.

1. What would global commerce be like without the US Navy controlling the oceans? Add in the support by the British and do they really not see what is ahead of them????

2. Language and currency drive our world of 2023. What would happen when the Dollar is not the standard for commerce? What currency can boast of returns and stability of the Dollar? Think, Exchange Rates on steroids.

3. What would the BRICS Alliance mean for driving our world to World War III? Forming an alliance to promote commerce is one thing but BRICS is forming because of hatred of the USA. How will those founding members of BRICS stay aligned with no truly common goal other than hating America?

India is all about national interest, as it should be so how will they stay in the alliance????

Communist China is a top-heavy dictatorship that due to demographics is headed to a calamitous end and will try to take the world down too.

Russia is well, Russia. They cannot win what is basically a regional conflict in their backyard but they want to lead a global alliance on economic growth????

Brazil is sitting on more potential to leap forward than any nation but their Leftist side will destroy any path to develop real success and drive it into a crash.

We will see.


There will be a BRICS summit next month, in South Africa. The aim is still the same, to promote peace, security, development and cooperation. Who wouldn't want this?

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ChMotCh
Member Since: 25-Nov-09
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11-Jul-23 09:07
PhallicSupermacyOne said: There are many who find the appeal of a multipolar world intoxicating but they refuse to see the hangover coming their way. Irrespective of any legitimate grievance here are some thoughts for the BRICS pep rally section.

1. What would global commerce be like without the US Navy controlling the oceans? Add in the support by the British and do they really not see what is ahead of them????

2. Language and currency drive our world of 2023. What would happen when the Dollar is not the standard for commerce? What currency can boast of returns and stability of the Dollar? Think, Exchange Rates on steroids.

3. What would the BRICS Alliance mean for driving our world to World War III? Forming an alliance to promote commerce is one thing but BRICS is forming because of hatred of the USA. How will those founding members of BRICS stay aligned with no truly common goal other than hating America?

India is all about national interest, as it should be so how will they stay in the alliance????

Communist China is a top-heavy dictatorship that due to demographics is headed to a calamitous end and will try to take the world down too.

Russia is well, Russia. They cannot win what is basically a regional conflict in their backyard but they want to lead a global alliance on economic growth????

Brazil is sitting on more potential to leap forward than any nation but their Leftist side will destroy any path to develop real success and drive it into a crash.

We will see.


Sorry mate do you even know what the “left” is? Most of the OECD are socialist democracies. Even the US has programs that are socialist: e.g.: social security.

What all the BRICS Countries have in common is they are authority non-democratic approach - even India is in that league. Something that a certain candidate in your country likes.

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PhallicSupermacyOne
Member Since: 16-Jul-20
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11-Jul-23 18:02
ChMotCh said:
PhallicSupermacyOne said: There are many who find the appeal of a multipolar world intoxicating but they refuse to see the hangover coming their way. Irrespective of any legitimate grievance here are some thoughts for the BRICS pep rally section.

1. What would global commerce be like without the US Navy controlling the oceans? Add in the support by the British and do they really not see what is ahead of them????

2. Language and currency drive our world of 2023. What would happen when the Dollar is not the standard for commerce? What currency can boast of returns and stability of the Dollar? Think, Exchange Rates on steroids.

3. What would the BRICS Alliance mean for driving our world to World War III? Forming an alliance to promote commerce is one thing but BRICS is forming because of hatred of the USA. How will those founding members of BRICS stay aligned with no truly common goal other than hating America?

India is all about national interest, as it should be so how will they stay in the alliance????

Communist China is a top-heavy dictatorship that due to demographics is headed to a calamitous end and will try to take the world down too.

Russia is well, Russia. They cannot win what is basically a regional conflict in their backyard but they want to lead a global alliance on economic growth????

Brazil is sitting on more potential to leap forward than any nation but their Leftist side will destroy any path to develop real success and drive it into a crash.

We will see.


Sorry mate do you even know what the “left” is? Most of the OECD are socialist democracies. Even the US has programs that are socialist: e.g.: social security.

What all the BRICS Countries have in common is they are authority non-democratic approach - even India is in that league. Something that a certain candidate in your country likes.



The sheer ignorance of Trump is astounding still yet. Why not get the facts on the policies done by Trump from 2017-21 before such sheer stupid comments are made about him????

Cooperation run by dictatorships are what kind of cooperation?? Does anyone here or globally think the Internet would exist with communist China originating and running it? If you do then please present the case for them running digital currency too????

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milfchaser
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12-Jul-23 08:14
BRICS. Well, Brazil has issues. Economy is OK at the moment, but it still has some economic problems.

Russia has issues, economically, for a bunch of reasons.

India has issues. 2/3 of their people are still technically in poverty, and it is still a developing state.

China may or may not be in good economic shape -- something that analysts seem to vary on.

South Africa -- although I have acquaintances there -- it's turning into a corrupt, failed state. They can't even keep the lights on.

None of these countries can presently replace the US, UK, EU, and Commonwealth countries. Not now, anyway.

And no, not "all" the BRICS countries are run by despots. South Africa has free and fair elections. So does Brazil. Brazils present president is anything but a despot, and he is a leftist. And India's leader may be a conservative, but India has free and fair elections. It's the largest democracy, population-wise, in the world.

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MitchandDaisy
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12-Jul-23 23:46
Only 5 countries currently in BRICS, but already they hold over 40% of the world's population. For certain, they cannot be ignored. Some interesting stats here if you choose to believe:

https://www.statista.com/topics/1393/bric-countries/#topicOverview

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milfchaser
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13-Jul-23 11:22
The fact they hold so much of the world's population means nothing. The UK, a small island nation off the coast of Europe was able to wrest control of nearly half the world, including the second most populous region -- India, all in the 18th and 19th Centuries, with 18th and 19th Century technology.

One in 5 humans has been Chinese for the past century, and one in 5 humans has been Indian for the same amount of time. That doesn't mean they can wield the power they wish to wield. It takes more than just population to exert power in geopolitics.

And if you're talking pure population growth, Africa, which is the fastest growing continent, is projected to grow by over a billion people by 2050. Yet most African countries still operate as one party states in various stages of internal and external disarray.

Russia and China have a long and difficult history of being at odds with each other, and both are entering population decline. China and India have almost gone to war over their border regions in the Himalayas, and they have had shooting skirmishes in the recent past. So at least three of the BRICS countries have nearly come to blows over territory and other conflicts. South Africa, as I've said, is a modernized, near-Western country but they can't keep the lights on. Rolling blackouts (i.e. "Load shedding"wink is a common thing there. They have nearly 30% unemployment. They have a ton of natural resources, but can't wield power anywhere but regionally.

That leaves Brazil. Does Brazil inspire confidence in the modern world? They can't project power, either monetarily or militarily.

The BRICS nations' idea of an alternative monetary currency to the dollar is a pipedream. The only currency that could, and may, replace the dollar is the Euro, but I don't see that happening in the near future.

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MitchandDaisy
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13-Jul-23 21:47
milfchaser said: The fact they hold so much of the world's population means nothing. The UK, a small island nation off the coast of Europe was able to wrest control of nearly half the world, including the second most populous region -- India, all in the 18th and 19th Centuries, with 18th and 19th Century technology.

One in 5 humans has been Chinese for the past century, and one in 5 humans has been Indian for the same amount of time. That doesn't mean they can wield the power they wish to wield. It takes more than just population to exert power in geopolitics.

And if you're talking pure population growth, Africa, which is the fastest growing continent, is projected to grow by over a billion people by 2050. Yet most African countries still operate as one party states in various stages of internal and external disarray.

Russia and China have a long and difficult history of being at odds with each other, and both are entering population decline. China and India have almost gone to war over their border regions in the Himalayas, and they have had shooting skirmishes in the recent past. So at least three of the BRICS countries have nearly come to blows over territory and other conflicts. South Africa, as I've said, is a modernized, near-Western country but they can't keep the lights on. Rolling blackouts (i.e. "Load shedding"wink is a common thing there. They have nearly 30% unemployment. They have a ton of natural resources, but can't wield power anywhere but regionally.

That leaves Brazil. Does Brazil inspire confidence in the modern world? They can't project power, either monetarily or militarily.

The BRICS nations' idea of an alternative monetary currency to the dollar is a pipedream. The only currency that could, and may, replace the dollar is the Euro, but I don't see that happening in the near future.


I don't think it means nothing. Very much the contrary. More countries are lining up to join BRICS. BRICS has momentum, much more than the G7. There will be an alternative to fiat money, because fiat money makes no sense, never did. Unless the U.S. dollar returns to being gold-backed, which is also a possibility. I like American people a whole lot. Been to the States countless times. But there exists a mindset to challenge the U.S. dollar that isn't going away anytime soon. And besides, Americans love competition. wink

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PhallicSupermacyOne
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14-Jul-23 11:16
MitchandDaisy said:
milfchaser said: The fact they hold so much of the world's population means nothing. The UK, a small island nation off the coast of Europe was able to wrest control of nearly half the world, including the second most populous region -- India, all in the 18th and 19th Centuries, with 18th and 19th Century technology.

One in 5 humans has been Chinese for the past century, and one in 5 humans has been Indian for the same amount of time. That doesn't mean they can wield the power they wish to wield. It takes more than just population to exert power in geopolitics.

And if you're talking pure population growth, Africa, which is the fastest growing continent, is projected to grow by over a billion people by 2050. Yet most African countries still operate as one party states in various stages of internal and external disarray.

Russia and China have a long and difficult history of being at odds with each other, and both are entering population decline. China and India have almost gone to war over their border regions in the Himalayas, and they have had shooting skirmishes in the recent past. So at least three of the BRICS countries have nearly come to blows over territory and other conflicts. South Africa, as I've said, is a modernized, near-Western country but they can't keep the lights on. Rolling blackouts (i.e. "Load shedding"wink is a common thing there. They have nearly 30% unemployment. They have a ton of natural resources, but can't wield power anywhere but regionally.

That leaves Brazil. Does Brazil inspire confidence in the modern world? They can't project power, either monetarily or militarily.

The BRICS nations' idea of an alternative monetary currency to the dollar is a pipedream. The only currency that could, and may, replace the dollar is the Euro, but I don't see that happening in the near future.


I don't think it means nothing. Very much the contrary. More countries are lining up to join BRICS. BRICS has momentum, much more than the G7. There will be an alternative to fiat money, because fiat money makes no sense, never did. Unless the U.S. dollar returns to being gold-backed, which is also a possibility. I like American people a whole lot. Been to the States countless times. But there exists a mindset to challenge the U.S. dollar that isn't going away anytime soon. And besides, Americans love competition. wink


Good point on competition but BRICS is just a smoke-screen to attempt to subvert the established commerce order. None of those nations can be taken seriously as a leader for true global commerce. So, how will BRICS play out???

Even NATO, worthless as it is, at least can claim to be based on a founding grounded in shared values versus just being against something. BRICS has an alliance of nations that have ZERO shared values and exists just to be against the dollar. No vision for future growth. It will flame out in time even if it has a legitimate concern for global currency issues.

And yes, fiat is insane, let's hope the momentum for the Gold Standard continues and that standard returns.

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MitchandDaisy
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19-Sep-23 23:05
Anyone still thinking the BRICS house is not for real?

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MitchandDaisy
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15-Jun-24 01:33
Turkey has stated they would like to join the BRICS alliance. This is causing quite a stir in European capitals. If Turkey teams up with BRICS, they would become I believe the first NATO ally to join the bloc. BRICS already represents a significant shift in global power dynamics, and some commentators see this growing alliance as likely dominating the global economy in the coming decades. BRICS is not a military alliance like NATO, they are mostly an economic one, and certainly worth keeping an eye on.

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