The disappointing outcome of BRICS 2024

[Minor Miner]

China is considered the world's factory and trade cooperation with the United States and other Western countries is creating benefits for both sides. This means that both are interdependent for survival, not that China is dependent on those countries and they are the weaker party in those relationships. Don't overestimate or exaggerate Western countries and underestimate the world's second largest economy.

Not only Apple but most other corporations will never stop depending on China because no country has a workforce as abundant and cheap as China. Not to mention this is the most populous country in the world, so it is also one of the top consumer markets that any product wants to reach.
According to Apple's report, their total revenue in the third quarter reached 94 billion dollars and the Chinese market contributed 15 billion dollars, this is not a small number and shows how great the influence of the Chinese market on Apple is.

The difference is that USA (and rest of the west) could put their manufacturing somewhere else too, they could make them done in India, they could make them done in Bangladesh, Indonesia, whatever place they see fit, they could even spread it to few different nations this time to not give power to a single one, so that it would not be a problem for them later on.

It sounds easy, but why has there been no movement so far to show that US companies will do it? If I remember correctly, the idea of ​​​​relocating factories of Apple and many other companies has been reported in the press since 2017. But I have not seen any progress other than the press constantly talking about it in a meaningless way.
Even Apple and Facebook have had to give in every time the Chinese government introduced harsh policies to limit their operations in China. That shows how much they depend on this country of billion people.

This is the exact reason why China started to make their own product instead of making product for others, because they know that they have a huge manufacturing power, but they also know that maybe one day that will not be used by others, so they are trying to use some of that for their own products to sell all over the world, even if west do not buy it, other parts could, and that's what they are trying to achieve here. I am not saying there isn't a mutual benefit here, but West definitely has the power to change that dynamic quickly if they move their manufacturing to another nation together.

Despite being dubbed the world's factory, but China's goal is to be able to create products that can compete with top American brands. Their ambition is to go global, which is why they have focused on promoting domestic brands in recent years. Don't be naive to think that they create their own products because they are afraid other countries will stop using their manpower.

Do you remember the US ban on HUAWEI? The only reason they did that was because the US was afraid of the rise of China.
As for Europe, they are too dependent on the US and without the US support, they would be nothing more than a dead continent. They are not worth discussing because they do not even have the right to decide their own fate.

[philipma1957]

I believe that in the future, even if BRICS succeeds in de-dollarization, you will still be disappointed in them and will continue to come up with thousands of other reasons to justify your stubbornness. Because you are a loyal fan of the United States, anything that harms the dominance of the United States and the USD means nothing to you.

I am not saying that BRICS will definitely succeed in de-dollarization because I know that this is an arduous and challenging process, and they need to put in their best efforts. They may fail too but jumping to conclusions now is premature and somewhat conservative because as long as they don't stop then it means they haven't failed yet. Not to mention, everything is going exactly as they expected, how can one say this won't go anywhere?



We should stop attacking each other just for our egos, instead let time answer everything.

Yep in enough time the human race will be dead and buried. Maybe AI 🤖 will be the boss much like matrix.

[philipma1957]

China is considered the world's factory and trade cooperation with the United States and other Western countries is creating benefits for both sides. This means that both are interdependent for survival, not that China is dependent on those countries and they are the weaker party in those relationships. Don't overestimate or exaggerate Western countries and underestimate the world's second largest economy.

Not only Apple but most other corporations will never stop depending on China because no country has a workforce as abundant and cheap as China. Not to mention this is the most populous country in the world, so it is also one of the top consumer markets that any product wants to reach.
According to Apple's report, their total revenue in the third quarter reached 94 billion dollars and the Chinese market contributed 15 billion dollars, this is not a small number and shows how great the influence of the Chinese market on Apple is.

The difference is that USA (and rest of the west) could put their manufacturing somewhere else too, they could make them done in India, they could make them done in Bangladesh, Indonesia, whatever place they see fit, they could even spread it to few different nations this time to not give power to a single one, so that it would not be a problem for them later on.

It sounds easy, but why has there been no movement so far to show that US companies will do it? If I remember correctly, the idea of ​​​​relocating factories of Apple and many other companies has been reported in the press since 2017. But I have not seen any progress other than the press constantly talking about it in a meaningless way.
Even Apple and Facebook have had to give in every time the Chinese government introduced harsh policies to limit their operations in China. That shows how much they depend on this country of billion people.

This is the exact reason why China started to make their own product instead of making product for others, because they know that they have a huge manufacturing power, but they also know that maybe one day that will not be used by others, so they are trying to use some of that for their own products to sell all over the world, even if west do not buy it, other parts could, and that's what they are trying to achieve here. I am not saying there isn't a mutual benefit here, but West definitely has the power to change that dynamic quickly if they move their manufacturing to another nation together.

Despite being dubbed the world's factory, but China's goal is to be able to create products that can compete with top American brands. Their ambition is to go global, which is why they have focused on promoting domestic brands in recent years. Don't be naive to think that they create their own products because they are afraid other countries will stop using their manpower.

Do you remember the US ban on HUAWEI? The only reason they did that was because the US was afraid of the rise of China.
As for Europe, they are too dependent on the US and without the US support, they would be nothing more than a dead continent. They are not worth discussing because they do not even have the right to decide their own fate.

Our fates are decided. We will all be dead in under 125 years from now.

[DrBeer]

Looks like the “heroic fighters against the dollar” have an unexpected problem on the horizon

Trump threatened BRICS countries with 100 percent duties if they create a new currency to replace the U.S. dollar.
“We demand a commitment from these countries that they will not create a new BRICS currency or support any other currency to replace the mighty US dollar, or they will face 100 percent tariffs and must say goodbye to sales to the wonderful US economy (...) They can go out and find another “sucker.” There is no chance that the BRICS will replace the US dollar in international trade and any country that tries to do so should say goodbye to America,” Trump wrote on his Truth Social platform.

PS And how the russians yelled “Trump is ours!” ))

[shield132]

Looks like the “heroic fighters against the dollar” have an unexpected problem on the horizon

Trump threatened BRICS countries with 100 percent duties if they create a new currency to replace the U.S. dollar.
“We demand a commitment from these countries that they will not create a new BRICS currency or support any other currency to replace the mighty US dollar, or they will face 100 percent tariffs and must say goodbye to sales to the wonderful US economy (...) They can go out and find another “sucker.” There is no chance that the BRICS will replace the US dollar in international trade and any country that tries to do so should say goodbye to America,” Trump wrote on his Truth Social platform.

PS And how the russians yelled “Trump is ours!” ))

Is there any Russian who thinks that Trump is theirs? I think they love Trump because he is more traditional and doesn't support LGBT. I can't think of any other reason to love Trump because it doesn't matter who is the president of the United States, their foreign policy doesn't change and their aim is to be the most powerful nation in the world.

Btw I think we all agree that dollar is bad for many nations, the USA exports its inflation in other countries and it's logical that there is a formation called BRICS that wants to get rid of the US dollar but the real question is, will they be able to create a currency better than Dollar?
It's not a good example but overall, every slave wants to become free but when they become free, they have no idea how to live, end up in worse conditions and dream about the time when they were slaves. This isn't about Russia or BRICS, it's just an example to show you that freedom is not easy to keep.

[DrBeer]

Looks like the “heroic fighters against the dollar” have an unexpected problem on the horizon

Trump threatened BRICS countries with 100 percent duties if they create a new currency to replace the U.S. dollar.
“We demand a commitment from these countries that they will not create a new BRICS currency or support any other currency to replace the mighty US dollar, or they will face 100 percent tariffs and must say goodbye to sales to the wonderful US economy (...) They can go out and find another “sucker.” There is no chance that the BRICS will replace the US dollar in international trade and any country that tries to do so should say goodbye to America,” Trump wrote on his Truth Social platform.

PS And how the russians yelled “Trump is ours!” ))

Is there any Russian who thinks that Trump is theirs? I think they love Trump because he is more traditional and doesn't support LGBT. I can't think of any other reason to love Trump because it doesn't matter who is the president of the United States, their foreign policy doesn't change and their aim is to be the most powerful nation in the world.

Btw I think we all agree that dollar is bad for many nations, the USA exports its inflation in other countries and it's logical that there is a formation called BRICS that wants to get rid of the US dollar but the real question is, will they be able to create a currency better than Dollar?
It's not a good example but overall, every slave wants to become free but when they become free, they have no idea how to live, end up in worse conditions and dream about the time when they were slaves. This isn't about Russia or BRICS, it's just an example to show you that freedom is not easy to keep.

In order to understand the history of the joyful squeals and subsequent disappointment of the Russians, it is worth looking at their propaganda in recent years.  Democrats have always been outright “enemies” for Russia, because according to the propaganda, it is the Democrats who are to blame for the sanctions, the collapse of the economy of the standard of living in Russia, and the status of a pariah country for Russia, as well as for helping Ukraine in the fight against Russian terrorists.
The truth propaganda omits that it was thanks to Trump's efforts that Ukraine managed to prepare its army for a Russian attack in 2022, to give a serious response and defeat the advanced units that were rushing to Kiev.

Now there is howling and hysteria on russia, Trump, because Trump promised to stop the war and stop russian aggression. I think it is precisely because he is more traditional and does not support LGBT

Also Trump promises to put China in its place, as well as a group of rogue countries - Iran, North Korea and similar regimes, which again applies to Russia as a rogue and terrorist country. China is already starting to “drain” Russia, because China needs good relations with the U.S. and Russia, a raw material, submissive appendage, will do whatever China tells it to do. 

[WillyAp]

Also Trump promises to put China in its place, as well as a group of rogue countries - Iran, North Korea and similar regimes, which again applies to Russia as a rogue and terrorist country. China is already starting to “drain” Russia, because China needs good relations with the U.S. and Russia, a raw material, submissive appendage, will do whatever China tells it to do.  

Placing 100% of tariffs onto BRICS Members is not positve. It creates adversity and pushes the US into the known Bully position. Who likes to do business with a Bully? That apart no one in BRICS wishes to replace the $.

BRICS knows that the carrot method works best. There is a BRICS Credit house  

In June 2012, the BRICS nations pledged $75 billion to boost the lending power of the International Monetary Fund (IMF). However, the proposed loan was conditional on IMF voting reforms. In March 2013, during the fifth BRICS summit in Durban, the member countries agreed to create a global financial institution to cooperate with the western-dominated IMF and World Bank. They planned to set up this New Development Bank by 2014.

At the BRICS leaders meeting in St Petersburg in September 2013, China committed $41 billion towards the pool; Brazil, India, and Russia $18 billion each; and South Africa $5 billion. China, which held the world's largest foreign exchange reserves and contributed the bulk of the currency pool, wanted a more significant managing role. China also wanted to be the location of the reserve. In October 2013, Russia's Finance Minister Anton Siluanov said that creating a $100 billion in funds designated to steady currency markets would be taken in early 2014. The Brazilian finance minister, Guido Mantega, confirmed that the fund would be created by March 2014. However, by April 2014, the currency reserve pool and development bank had yet to be set up, and the date was rescheduled to 2015.

Source: https://en.wikipedia.org/wiki/BRICS

In Size the lending capabilities of BRICS are not that huge compared to Worldbank and IMF.

BRICS is a lot of wishful thinking. 

[DrBeer]

Also Trump promises to put China in its place, as well as a group of rogue countries - Iran, North Korea and similar regimes, which again applies to Russia as a rogue and terrorist country. China is already starting to “drain” Russia, because China needs good relations with the U.S. and Russia, a raw material, submissive appendage, will do whatever China tells it to do.  

Placing 100% of tariffs onto BRICS Members is not positve. It creates adversity and pushes the US into the known Bully position. Who likes to do business with a Bully? That apart no one in BRICS wishes to replace the $.

BRICS knows that the carrot method works best. There is a BRICS Credit house  

In June 2012, the BRICS nations pledged $75 billion to boost the lending power of the International Monetary Fund (IMF). However, the proposed loan was conditional on IMF voting reforms. In March 2013, during the fifth BRICS summit in Durban, the member countries agreed to create a global financial institution to cooperate with the western-dominated IMF and World Bank. They planned to set up this New Development Bank by 2014.

At the BRICS leaders meeting in St Petersburg in September 2013, China committed $41 billion towards the pool; Brazil, India, and Russia $18 billion each; and South Africa $5 billion. China, which held the world's largest foreign exchange reserves and contributed the bulk of the currency pool, wanted a more significant managing role. China also wanted to be the location of the reserve. In October 2013, Russia's Finance Minister Anton Siluanov said that creating a $100 billion in funds designated to steady currency markets would be taken in early 2014. The Brazilian finance minister, Guido Mantega, confirmed that the fund would be created by March 2014. However, by April 2014, the currency reserve pool and development bank had yet to be set up, and the date was rescheduled to 2015.

Source: https://en.wikipedia.org/wiki/BRICS

In Size the lending capabilities of BRICS are not that huge compared to Worldbank and IMF.

BRICS is a lot of wishful thinking. 

It's quite an expected reaction, of course 100% of the time he probably said it “in the heat of the moment”, but.... For example, China's policy of subsidizing (often hidden) its producers makes market participants uncompetitive. China has already been given more than one warning, but there was no reaction because the Chinese authorities “turned on the fool mode”, saying “we don't know anything, we don't do anything like that”.... And this happened many times, but there was no reaction..... And negativity tends to accumulate and then look for a “way out”. It seems that this time has come... But whatever it is - without drastic and tough steps, it is impossible to realize what Trump promised and what his voters and, more importantly, his sponsors expect from him....

[Smartprofit]

Looks like the “heroic fighters against the dollar” have an unexpected problem on the horizon

Trump threatened BRICS countries with 100 percent duties if they create a new currency to replace the U.S. dollar.
“We demand a commitment from these countries that they will not create a new BRICS currency or support any other currency to replace the mighty US dollar, or they will face 100 percent tariffs and must say goodbye to sales to the wonderful US economy (...) They can go out and find another “sucker.” There is no chance that the BRICS will replace the US dollar in international trade and any country that tries to do so should say goodbye to America,” Trump wrote on his Truth Social platform.

PS And how the russians yelled “Trump is ours!” ))

Is there any Russian who thinks that Trump is theirs? I think they love Trump because he is more traditional and doesn't support LGBT. I can't think of any other reason to love Trump because it doesn't matter who is the president of the United States, their foreign policy doesn't change and their aim is to be the most powerful nation in the world.

Btw I think we all agree that dollar is bad for many nations, the USA exports its inflation in other countries and it's logical that there is a formation called BRICS that wants to get rid of the US dollar but the real question is, will they be able to create a currency better than Dollar?
It's not a good example but overall, every slave wants to become free but when they become free, they have no idea how to live, end up in worse conditions and dream about the time when they were slaves. This isn't about Russia or BRICS, it's just an example to show you that freedom is not easy to keep.

All this shows that the US administration does not adhere to fair competition.

Why can't BRICS create their own currency? Is this prohibited by some international agreements? Why are the US threatening BRICS countries with high tariffs? Is America against free trade? The US is constantly increasing its external debt, and not only does it not want to pay it off (i.e. solve the problem that it created itself), but at the same time it threatens other countries? This is a very strange economic policy.

Maybe, all countries (including the European Union) need to unite and create a new currency, despite the blackmail of the US. Perhaps this currency should be created on the basis of Bitcoin (using the first cryptocurrency as the basic asset).

I didn't understand the reason for the creation of BRICS at all before. On what basis did such different countries decide to unite? But Trump's threats explain a lot. The countries are simply under enormous pressure from a superpower that does not believe that perfect competition has any meaning or value.

I don’t want to justify or blame anyone, but it seems that reform of the global economy is long overdue.

[WillyAp]

All this shows that the US administration does not adhere to fair competition.

Why can't BRICS create their own currency? .

They won't have one due to not agreeing which one they should choose.
The entire global trade fairy tale was to buy local industries cheaply and grow.
No state with power is fair. Fairness you find only in fairy tales.

[DrBeer]

Looks like the “heroic fighters against the dollar” have an unexpected problem on the horizon

Trump threatened BRICS countries with 100 percent duties if they create a new currency to replace the U.S. dollar.
“We demand a commitment from these countries that they will not create a new BRICS currency or support any other currency to replace the mighty US dollar, or they will face 100 percent tariffs and must say goodbye to sales to the wonderful US economy (...) They can go out and find another “sucker.” There is no chance that the BRICS will replace the US dollar in international trade and any country that tries to do so should say goodbye to America,” Trump wrote on his Truth Social platform.

PS And how the russians yelled “Trump is ours!” ))

Is there any Russian who thinks that Trump is theirs? I think they love Trump because he is more traditional and doesn't support LGBT. I can't think of any other reason to love Trump because it doesn't matter who is the president of the United States, their foreign policy doesn't change and their aim is to be the most powerful nation in the world.

Btw I think we all agree that dollar is bad for many nations, the USA exports its inflation in other countries and it's logical that there is a formation called BRICS that wants to get rid of the US dollar but the real question is, will they be able to create a currency better than Dollar?
It's not a good example but overall, every slave wants to become free but when they become free, they have no idea how to live, end up in worse conditions and dream about the time when they were slaves. This isn't about Russia or BRICS, it's just an example to show you that freedom is not easy to keep.

All this shows that the US administration does not adhere to fair competition.

Why can't BRICS create their own currency? Is this prohibited by some international agreements? Why are the US threatening BRICS countries with high tariffs? Is America against free trade? The US is constantly increasing its external debt, and not only does it not want to pay it off (i.e. solve the problem that it created itself), but at the same time it threatens other countries? This is a very strange economic policy.

Maybe, all countries (including the European Union) need to unite and create a new currency, despite the blackmail of the US. Perhaps this currency should be created on the basis of Bitcoin (using the first cryptocurrency as the basic asset).

I didn't understand the reason for the creation of BRICS at all before. On what basis did such different countries decide to unite? But Trump's threats explain a lot. The countries are simply under enormous pressure from a superpower that does not believe that perfect competition has any meaning or value.

I don’t want to justify or blame anyone, but it seems that reform of the global economy is long overdue.

I partially agree, it doesn't sound like competition but a direct threat. There's no point in arguing about it.
But! We need to remember the reasons for this behavior. When the BRICS was created, it was a purely economic union whose goal was to improve the economies of its members. But time passed, some events took place, and in BRICS, some participants began open, anti-American rhetoric, creating an image of the U.S. as an aggressor and enemy, tried to promote the idea, and to push other participants, the purpose of which was to.... to destroy the U.S. and the dollar in order to create problems for the U.S. economy. These calls can be found in open sources of information, it is not my fiction, but the calls of some representatives of several countries. The patience of the U.S. has run out, and expectedly, and we are seeing the absolutely expected, symmetrical reaction. And this process is quite predictable and expected .....

[STT]

Its ironic to read the more countries joining the less likely the plans will succeed but funnily enough that might be true.   Reason being is cohesion falls with so many varied countries in any alliance.   I dont see the premise is good, to exclude any other country from trade will reduce the benefits in my view but I go with comparative advantage as the best long term plan.   I'm reminded of Gaddafi's green book plan for dreams on new commerce, there was an alliance but it wasnt of much benefit despite good wishes.

Simplicity is best and then more countries would be a positive not a negative but when its politics I would be forced to agree that more is less unfortunately because it becomes a mess and a tangle of never ending varied custom agreements and varied currency strengths across the world.

There is a very simple take that might work which is some reversion to the Bretton Woods agreement as it originated and worked for some years.   To just place countries around some gold standard, its exactly the same idea in every country and language.  I wouldn't argue its perfectly fair, some countries do have more gold available or greater industrial capacity in mining perhaps but its probably the closest to alliance possible, easy to recognize and implement near term; otherwise its all just talk imo.

[BALIK]

All this shows that the US administration does not adhere to fair competition.

If the United States government played fair in the international marketplace, if it did not use its power to bully weak countries or oppress other nations. I believe that the concept of BRICS will never be mentioned, let alone that more and more countries want to join BRICS.

America always says that they are the messengers of peace, they bring justice and prosperity to the world. But the reality is that they are creating wars to sell weapons and get rich from it, they take advantage of the dominance of the USD to export inflation to the whole world...There is too much injustice in the world under the domination of the United States and that is why BRICS was born.

[retreat]

Looks like the “heroic fighters against the dollar” have an unexpected problem on the horizon

Trump threatened BRICS countries with 100 percent duties if they create a new currency to replace the U.S. dollar.
“We demand a commitment from these countries that they will not create a new BRICS currency or support any other currency to replace the mighty US dollar, or they will face 100 percent tariffs and must say goodbye to sales to the wonderful US economy (...) They can go out and find another “sucker.” There is no chance that the BRICS will replace the US dollar in international trade and any country that tries to do so should say goodbye to America,” Trump wrote on his Truth Social platform.

PS And how the russians yelled “Trump is ours!” ))

It may become a tariff war and as a result we may see how the global economy under the Trump administration will become segmented to certain groups and market instability, which will lead to a global economic slowdown and the price of goods that may spike up in the US. But it is something that BRICS needs to take if they really want to carry out the vision of the organization and not be forever dictated by America. Moreover, BRICS has enough members, with them working together I feel that regional cooperation will be enhanced and it can maintain the stability of goods and services among BRICS members, while for America itself, it can hope that its alliance can help it, or else it will be an economic disaster for them.

[WillyAp]

BRICS has enough members, with them working together I feel that regional cooperation will be enhanced and it can maintain the stability of goods and services among BRICS members, while for America itself, it can hope that its alliance can help it, or else it will be an economic disaster for them.

Are you serious?
Look at those members. They hardly trade with each other. China with all of them. But BRICS States cannot replace the US or the EU.

[Abiky]

It may become a tariff war and as a result we may see how the global economy under the Trump administration will become segmented to certain groups and market instability, which will lead to a global economic slowdown and the price of goods that may spike up in the US. But it is something that BRICS needs to take if they really want to carry out the vision of the organization and not be forever dictated by America. Moreover, BRICS has enough members, with them working together I feel that regional cooperation will be enhanced and it can maintain the stability of goods and services among BRICS members, while for America itself, it can hope that its alliance can help it, or else it will be an economic disaster for them.

I have a feeling the tariffs proposed by President Trump will ultimately backfire. Especially when such actions will further weaponize the dollar (USD). If the US wants BRICS to keep using the USD, it needs to provide some sort of incentivization. Not all the other way around. What BRICS countries will do is use another currency in replacement of the USD. America will be isolated, while the rest of the world will go its separate ways. At least, that's how I see it.

With China discovering a vast supply of Gold, there's a high chance BRICS will back its new currency with it. Or in a plot twist, the bloc will back the new currency with Bitcoin. Times are changing quickly, so America needs to play it smart before it's too late.

[DubemIfedigbo001]

BRICS are expanding. From 4 countries BRIC to 5 countries BRICS. Now they have expanded and they are 10 countries. Brazil, Russia, India, China, South Africa, UAE, Iran, Egypt and Ethiopia.

They added partner countries recently. They are: Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Turkey, Uganda, Uzbekistan and Vietnam.

As more countries will join BRICS, their dedollarization plan chance to succeed is decreasing.

Quantity absolutely does not mean quality ! Tell me, what benefit for example Cuba will bring to BRICS ? Have you ever been to Cuba? I have been there, that is why I am asking you this question, and I am very much waiting for an answer

The second problem is mentioned above - some of the participants do not aim at economic changes at all, but pursue their own selfish goals, far from building a strong economic union.

Quantity sometimes can bring quality with time, The plan is succeeding as they expand their coasts, they get more allies and spread their beliefs across them. More will join in the future if they find BRICS goal beneficial to them. Politics is a game of interest, remember. Even the dollarization is a game of US interest if we must be neutral here. The US gains everything at the expense of every other country and I think that is victimization.

We all know that the wide use of dollar helps to solidify US dominance and global influence while creating a widespread dependence on dollar by other countries and earning good profits from it. Others might have woken up and decided to strengthen their economies too and you can't blame them for watching out for themselves. Maybe they have a common agreement that would benefit every one of them as against the way dollarization possibly benefits only the US.

[DrBeer]

All this shows that the US administration does not adhere to fair competition.

If the United States government played fair in the international marketplace, if it did not use its power to bully weak countries or oppress other nations. I believe that the concept of BRICS will never be mentioned, let alone that more and more countries want to join BRICS.

America always says that they are the messengers of peace, they bring justice and prosperity to the world. But the reality is that they are creating wars to sell weapons and get rich from it, they take advantage of the dominance of the USD to export inflation to the whole world...There is too much injustice in the world under the domination of the United States and that is why BRICS was born.

It is thanks to the US and other developed countries of the world that the world has not yet descended into the chaos and terror of totalitarian and other bastard regimes. The problem is that the developed world needs development, a working economy, not a poor population, because without this the economy does not work. And all this contradicts the ideas of rogue countries, for whom “peace is war”, poor and fooled population is a biomass for realization of ideas of totalitarian power, and enmity is an opportunity to earn and strengthen their power. That is why the US has to make sometimes harsh statements on openly aggressive rhetoric. But I am sure that most of the BRICS members are not idiotic countries, but adequate countries that will either ignore the calls of toxic countries “to go to war against the U.S. and the dollar” and continue development and mutually beneficial cooperation. This is what we are witnessing now, which proves the idea that the U.S. and the West are building a strong and mutually beneficial world.

PS About aggression of the USA against the weak, and also about mass illegal actions - you do not confuse anyone with the USA ? Just the reality of the last decades shows a picture completely opposite to your statement, which is easy to see.

[sana54210]

Tariff war is still better than a real war, and ruining a nations economy makes them accept they are defeated much faster than killing their soldiers, the reason? You can kill a thousand soldiers, and you are hurting them and their family alone, maybe 5k people all together, kill 10k soldiers and the maximum you could hurt is 50k people, that's it. Hurt their economy? You are hurting tens of millions of people in that nation, and that speeds things up for you to get your situation accepted and win the battle.

Obviously some dictators have no worries about losing elections, China and Russia will continue to be ruled by the same people forever until these people die, and that means they can do whatever they want, and they don't care if their people are poor and hungry, hell China once let 10-20 million people die of famine just to grow, and Russia had similar but much smaller issues during soviet times too, so these people do not care, they just want results, but all other nations will fear the economical consequences and won't join on the idea of starting a currency.

[danadc]

I'm very curious, because recently the US dollar is gaining a lot of value, especially in third world countries where the dollar rises against their local currencies, many are looking for dollars to feel more secure, the BRICS in this case how could it be done? If Russia is in conflict, on the other hand China has problems with Taiwan, all have their breaking points.

People are very interested in the BRICS but there is a thought that the dollar will fall, but with wars? How will this turn out then? I hope that these wars do not occur, but if they do, what will happen? Will the BRICS lower their interest?