The disappointing outcome of BRICS 2024

[DrBeer]

As we know, the Russian president (international criminal) hosted the BRICS summit in Russia last week.

Expectations, he (russia's president) had were as follows:

1. To create an alliance against the US
2. Creating an alliance for “dedollarization”.

He does not hide them and believes that BRICS, for him, should become a tool for the realization of his goals.

The reasons are banal - an attempt to manipulate a fairly significant international union to achieve his own selfish goals. As we know, China made a similar attempt earlier, trying to save its economy through “exporting inflation and problems”, trying to impose the yuan as the BRICS reserve currency.

Unfortunately, we live in a world where they try to realize their political complexes through the economy and try to solve their political problems. Another attempt is BRICS2024.

But, let's return to the facts to understand what happened and what to expect in the future.

1. The BRICS single currency and de-dollarization. Let's start from afar. I am sure that Russian media did not publicize this information, but the fact is the fact: participants and guests of BRICS2024 were warned that they would not be able to use international payment cards Visa and MasterCard. Therefore, they were strongly advised to fill their wallets.... No, not with yuan or rupees..... No. Preferably in dollars, or euros if there will be problems with dollars You feel the “power” of one of the initiators of BRICS, and the fight against the dollar, which according to Russia “is not secured by anything and is of no interest” ) Generally expected...
A single currency of a large economic union is quite logical, but it is necessary to meet several conditions

1 support of the interests of all participants who will work in the space of a single currency
2 technical realization
3 integration with existing systems like SWIFT. Why ? Because the BRICS market is not self-sufficient, it is dependent on non-BRICS countries. Dependent both on goods, technologies and markets, since the majority of the “BRICS economy” is export-oriented or resource-based.
4 common sense.

The 1st and 2nd points are realizable, although they will require enormous effort. The problem is that BRICS is not a union of like-minded people, it is a “union of competitors” with different goals and interests, among which there are also very unscrupulous participants who want to solve their own problems, which they have created for themselves.
3. This one is difficult, because integration with SWIFT implies mutual settlements in the dollar... which BRICS is going to abandon.... In a word, a difficult problem to solve
4. This is where some of the participants have it quite bad. For example, Russia openly states that leaving the dollar is necessary... in order not to get under sanctions and not to get deserved punishments. That is, not for the creation and development of the BRICS economy (where most of the participants are adequate, except for a few participants), but only to solve the problems of Russia and a few other pariah countries, such as Iran, or countries that have decided to follow the path of criminals and potentially approaching pariah status and punishment in the form of sanctions.


Another problem, and again not for the BRICS, but for.... Russia's politics again, and more specifically recognizing Russia's crimes against Ukraine. Putin (an international criminal) had a dream that his “master” China would continue to ignore the problem and continue to widely support Russia, its raw material appendage. But it turned out that China has absolutely told russia to end the war unleashed by russia against Ukraine, and to respect international law and other laws. The reason is that Russia's toxicity is beginning to have a very negative impact on its “friends” and even on its host China, which China does not like, especially against the background of growing problems in the Chinese economy.


Russia's attempts to draw the BRICS members into a political alliance not for unification but against the U.S. are guaranteed to bring problems to those who fall for this provocation. But the rogue countries in BRICS have almost nothing to lose, but normal countries have something to lose and it will be painful for their economies and all their citizens. BRICS will probably be forced to reform, because in order to build a quality economic union that will be significant, respected and influential, it is necessary to throw out toxic participants from its membership. Otherwise, BRICS is doomed to failure and self-destruction.

To return to these points:
1. Creation of an alliance against the US
2. Creating an alliance for “de-dollarization”.

As it turned out, the majority of BRICS participants are categorically against such steps, as their economies are strongly integrated into the world economy. And without quality interaction with the world economy, the world financial system and quality relations with the West and the U.S., it will be very difficult for them, because BRICS is still an economic union, but its indicators are extremely low and cannot compete with the “dollar” economy.

Those who like to fight with common sense and reality, very much dislike statistics, honest, verifiable statistics. They remove them cowardly and as quickly as possible, because these indicators destroy all their unsupported fantasies. Let's look at the NAMIPULATIONS of some BRICS participants and the REALITY ?

Very revealing statistics.... Or how to manipulate data for mental self-satisfaction ?
According to Putin, the BRICS are almost 50% of the world economy, population, etc. etc. etc. . “Beautiful facts.” It looks very demonstrative, powerful and immediately Putin's soul becomes calm - “we will definitely dedollarize everyone and defeat the West and the USA!”.
But if we do not clog our brains with cheap and primitive propaganda, and look more broadly at analytics, we will get:
1. Yes, the population of the BRICS countries is a significant portion of the world's population.
2. Yes, the combined economies of the BRICS countries make up about 45% of the world economy.

But.

1. In 2022, world trade amounted to a record 32 trillion dollars
2. And now for the “mighty BRICS alliance.” It turns out that these “de-dollarization allies” and “adversaries of the United States” from 2017 to 2022, trade between the five members of the BRICS bloc totaled $422 billion. Over the five years, a significant part of that volume, was oil and gas from russia. China and India, for the last 2 years have been getting oil and gas from russia virtually for free. Why? Because both China and India refuse to pay with dollars, and “pay” with local currencies that cannot be used in Russia !

Subtract the cost of oil and gas from 442 billion, and divide the rest of the sum by 5 years. And calculate how many percent it will be from 32 trillion dollars, the turnover of the world economy, only for 2022 ! And everything will become clear to you


What is your opinion about the essence and results of the BRICS2024 summit? What else could you add to fully understand what is happening and the consequences of these events ?


PS The Central Bank of Russia's interest rate has increased to 21%!!!! Advice to the citizens of Russia - take loans for extremely large sums in rubles, buy currency with them, no, not the Chinese phantoms, but full-fledged currencies - dollar and euro, and try to take them out of Russia. Believe me - very soon you will either close the loan for less than half of the funds you purchased, and perhaps you will not have to repay the loan because of the collapse of the banking system of Russia, to which there are preconditions.

PS Indicative punishment of Iran by the Israeli Air Force, an event that could very much affect the economy of one of the “fighters against the dollar and the U.S.”. If the ruler of Iran again fails in his brain and tries again to make another terrorist strike on Israel, it will cause the second fair strike, and this time, for a long time, the oil and gas industry will be destroyed, which will destroy the economy of Iran. That will play only to the advantage of the United Arab Emirates, for example, a BRICS member, and the overall picture of the economic performance of the pariah countries, BRICS members, is expected to worsen.

[_act_]

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.

[DrBeer]

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.

[Swordsoffreedom]

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.

[DrBeer]

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.

Hm...perhaps I don't know English very well, or didn't quite understand your point, I'll ask you to clarify it ! What is my stubbornness ? Is it that I stated the FACTS ? Ok, let's go the other way:
Please argumentatively refute my propositions:
1. trade turnover within the BRICS is minuscule against the background of the world economy, which works with the dollar.
2. BRICS has only SEVERAL countries with more or less strong economies, most are very questionable members and some are global pariahs.
3. Some of the BRICS members have tried and are trying to manipulate the goals of the union, and are trying to turn this economic union into a politically engaged group, to solve exclusively their own interests, and to be completely open - to solve the issues of avoiding deserved punishment for crimes committed ?

I am very much looking forward to your answers to these 3 simple questions, and explanations as to what you meant by the word “stubbornness”

[Argoo]

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?

At the BRICS summit, which took place in Kazan, Russia, on October 22-24, Putin wanted to agree on creating an alternative system of international payments to carry out transactions without using the US dollar. However, the leading members of the bloc, in particular India, Brazil and South Africa, did not support this initiative.

Also, instead of a single BRICS currency, only a symbolic banknote of the BRICS countries was presented at the forum, which Putin then showed to his ministers. But the issue of a single currency was not even discussed at the summit.
Many BRICS member countries spoke out against the politicization of this association.
https://financy.24tv.ua/ru/putinu-predstavili-alternativnuju-banknotu-briks-finansy_n2669943

[DrBeer]

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?

At the BRICS summit, which took place in Kazan, Russia, on October 22-24, Putin wanted to agree on creating an alternative system of international payments to carry out transactions without using the US dollar. However, the leading members of the bloc, in particular India, Brazil and South Africa, did not support this initiative.

Also, instead of a single BRICS currency, only a symbolic banknote of the BRICS countries was presented at the forum, which Putin then showed to his ministers. But the issue of a single currency was not even discussed at the summit.
Many BRICS member countries spoke out against the politicization of this association.
https://financy.24tv.ua/ru/putinu-predstavili-alternativnuju-banknotu-briks-finansy_n2669943

And the reason for this behavior is simple - they do not want to become hostages and handmaidens of international criminals, they do not want to be used by anyone to solve their problems, they do not want to oppose the developed world, they want to create an effective economic union to make life better in their countries and not to make life worse in others. But some people for some reason listen to “sweet speeches” and do not think about what these speeches are made for and for what purpose. I am glad that some of the BRICS members have not only conscience but also a brain!

[cabron]

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.

BRICS was just 5 countries and now it's almost 10. They refuse IMF, they give alternatives to small countries where the US is out of the equation.

This is why it always ends up in war when it comes to who's going to dominate. while BRICS is just a minuscule, it seems like they are still panicking. Well If they have Billions of debts to China and they pay interest to Beijing which Beijing is using the money to build its economy and their Red army, they gotta act.

[DrBeer]

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.

BRICS was just 5 countries and now it's almost 10. They refuse IMF, they give alternatives to small countries where the US is out of the equation.

This is why it always ends up in war when it comes to who's going to dominate. while BRICS is just a minuscule, it seems like they are still panicking. Well If they have Billions of debts to China and they pay interest to Beijing which Beijing is using the money to build its economy and their Red army, they gotta act.

This is Brics' second big problem - China's attempts to either export its economy's problems to other countries (through its attempt to push the yuan as the BRICS single currency).
The third problem is real colonization and takeover through deliberate bankruptcy or non-implementation of interstate projects, followed by ownership of China, and the obligation of the “China donor” country to pay huge loans and fines. Some countries have already realized what the new colonialism with a “Chinese accent” is. If you are not aware, read what “Chinese friend and honest investor” did to Srilanka !

[cabron]

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.

BRICS was just 5 countries and now it's almost 10. They refuse IMF, they give alternatives to small countries where the US is out of the equation.

This is why it always ends up in war when it comes to who's going to dominate. while BRICS is just a minuscule, it seems like they are still panicking. Well If they have Billions of debts to China and they pay interest to Beijing which Beijing is using the money to build its economy and their Red army, they gotta act.

This is Brics' second big problem - China's attempts to either export its economy's problems to other countries (through its attempt to push the yuan as the BRICS single currency).
The third problem is real colonization and takeover through deliberate bankruptcy or non-implementation of interstate projects, followed by ownership of China, and the obligation of the “China donor” country to pay huge loans and fines. Some countries have already realized what the new colonialism with a “Chinese accent” is. If you are not aware, read what “Chinese friend and honest investor” did to Srilanka !

\

Nope, it was already debunked that the Chinese offer lower interest rates they even extend dates. In fact, African countries choose China. Remember they are the ones building structures in the countries there providing jobs.

The truth is that they wouldn't be talking about BRICS if they were just nothing. If it was just Libya thinking about having their gold back currency, they could just be bombed and it's over. But because this is Russia and China, there is not much to do but right now skirmishes of proxies.

[DrBeer]

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.

BRICS was just 5 countries and now it's almost 10. They refuse IMF, they give alternatives to small countries where the US is out of the equation.

This is why it always ends up in war when it comes to who's going to dominate. while BRICS is just a minuscule, it seems like they are still panicking. Well If they have Billions of debts to China and they pay interest to Beijing which Beijing is using the money to build its economy and their Red army, they gotta act.

This is Brics' second big problem - China's attempts to either export its economy's problems to other countries (through its attempt to push the yuan as the BRICS single currency).
The third problem is real colonization and takeover through deliberate bankruptcy or non-implementation of interstate projects, followed by ownership of China, and the obligation of the “China donor” country to pay huge loans and fines. Some countries have already realized what the new colonialism with a “Chinese accent” is. If you are not aware, read what “Chinese friend and honest investor” did to Srilanka !

\

Nope, it was already debunked that the Chinese offer lower interest rates they even extend dates. In fact, African countries choose China. Remember they are the ones building structures in the countries there providing jobs.

The truth is that they wouldn't be talking about BRICS if they were just nothing. If it was just Libya thinking about having their gold back currency, they could just be bombed and it's over. But because this is Russia and China, there is not much to do but right now skirmishes of proxies.

China creates jobs China creates consumer markets because its economy is export-oriented, and as it loses Western markets, it has to find some kind of replacement.  By proxy you mean Russia, which was a guinea pig for China to test how the world would react to annexation of foreign territories ? I agree, it is, and now China is ordering its raw material appendage to end the war, because it is proving to be a big problem for China.

[cabron]

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.

BRICS was just 5 countries and now it's almost 10. They refuse IMF, they give alternatives to small countries where the US is out of the equation.

This is why it always ends up in war when it comes to who's going to dominate. while BRICS is just a minuscule, it seems like they are still panicking. Well If they have Billions of debts to China and they pay interest to Beijing which Beijing is using the money to build its economy and their Red army, they gotta act.

This is Brics' second big problem - China's attempts to either export its economy's problems to other countries (through its attempt to push the yuan as the BRICS single currency).
The third problem is real colonization and takeover through deliberate bankruptcy or non-implementation of interstate projects, followed by ownership of China, and the obligation of the “China donor” country to pay huge loans and fines. Some countries have already realized what the new colonialism with a “Chinese accent” is. If you are not aware, read what “Chinese friend and honest investor” did to Srilanka !

\

Nope, it was already debunked that the Chinese offer lower interest rates they even extend dates. In fact, African countries choose China. Remember they are the ones building structures in the countries there providing jobs.

The truth is that they wouldn't be talking about BRICS if they were just nothing. If it was just Libya thinking about having their gold back currency, they could just be bombed and it's over. But because this is Russia and China, there is not much to do but right now skirmishes of proxies.

China creates jobs China creates consumer markets because its economy is export-oriented, and as it loses Western markets, it has to find some kind of replacement.  By proxy you mean Russia, which was a guinea pig for China to test how the world would react to annexation of foreign territories ? I agree, it is, and now China is ordering its raw material appendage to end the war, because it is proving to be a big problem for China.

Yep the West didn't like it when they exported their economy but that's just how they make business. They don't export war but build businesses and drown countries with debts still.

Everybody just wants to rule the world. It just happens that they are about to do it. Whether BRICS wins to dominate and their currency becomes the reserve currency, it still be the same as US would do, they will also be using their currency to sanction countries.

[WillyAp]

Another problem, and again not for the BRICS, but for.... Russia's politics again, and more specifically recognizing Russia's crimes against Ukraine. Putin (an international criminal) had a dream that his “master” China would continue to ignore the problem and continue to widely support Russia, its raw material appendage. But it turned out that China has absolutely told russia to end the war unleashed by russia against Ukraine, and to respect international law and other laws. The reason is that Russia's toxicity is beginning to have a very negative impact on its “friends” and even on its host China, which China does not like, especially against the background of growing problems in the Chinese economy.

------------------------------------------------------------------------------------------------------------------------

PS Indicative punishment of Iran by the Israeli Air Force, an event that could very much affect the economy of one of the “fighters against the dollar and the U.S.”. If the ruler of Iran again fails in his brain and tries again to make another terrorist strike on Israel, it will cause the second fair strike, and this time, for a long time, the oil and gas industry will be destroyed, which will destroy the economy of Iran. That will play only to the advantage of the United Arab Emirates, for example, a BRICS member, and the overall picture of the economic performance of the pariah countries, BRICS members, is expected to worsen.

I wonder where did you get that China told Russia to stop its useless special op (aka war vs Ukraine)?

The PS is really intriguing as the US plus most allies have seen the superiority of the western war doctrine, Capabilities plus skills wins against mass.

In BRICS we should not forget that BRICS is a Replacement of Swift, non bound to any country so their (BRICS memberstate's) vision.
Swift itself is about to change and adopt to modern times.   Mentioned here: https://archive.ph/svgEc 
Original under https://www.economist.com/international/2024/10/20/putins-plan-to-defeat-the-dollar

[franky1]

Dr beer is clueless as always and not done his research

brics is not going to be a single currency.. he needs to learn how each country of brics will have its own domestic currency on a new distributed ledger system(crypto) where by the forex is done multi-laterally via a system called the m-bridge

there wont be a single currency reserve, but instead each countries own domestic crypto will have an allotment locked up in the m-bridge to do the currency interchange to other currencies

[DrBeer]

Dr beer is clueless as always and not done his research

brics is not going to be a single currency.. he needs to learn how each country of brics will have its own domestic currency on a new distributed ledger system(crypto) where by the forex is done multi-laterally via a system called the m-bridge

there wont be a single currency reserve, but instead each countries own domestic crypto will have an allotment locked up in the m-bridge to do the currency interchange to other currencies

If you don't like the information, immediately hang such clichés, and willfully lie, for example about “is clueless as always and not done his research”
I spent several days studying the materials of this summit. True, I did not use knowingly biased russian media, but read adequate sources and interviews. Let you now try to prove the opposite to everyone here: you “as always ignorant and without having done your research”, and at the same time attributing your own words to me, just primitively broadcasting someone else's opinion without checking it ?

And then let's talk about how Russia and China tried to push the idea of a single currency of the BRICS union in the form of the Chinese yuan (for foreign economic settlements), and then the president of Russia (an international criminal) ran and showed everyone some colorful paper, saying that this is the prototype of the single currency of BRICS
So who here “ignorantly and without information” labels people whose opinion he cannot refute ?

[DrBeer]

Another problem, and again not for the BRICS, but for.... Russia's politics again, and more specifically recognizing Russia's crimes against Ukraine. Putin (an international criminal) had a dream that his “master” China would continue to ignore the problem and continue to widely support Russia, its raw material appendage. But it turned out that China has absolutely told russia to end the war unleashed by russia against Ukraine, and to respect international law and other laws. The reason is that Russia's toxicity is beginning to have a very negative impact on its “friends” and even on its host China, which China does not like, especially against the background of growing problems in the Chinese economy.

------------------------------------------------------------------------------------------------------------------------

PS Indicative punishment of Iran by the Israeli Air Force, an event that could very much affect the economy of one of the “fighters against the dollar and the U.S.”. If the ruler of Iran again fails in his brain and tries again to make another terrorist strike on Israel, it will cause the second fair strike, and this time, for a long time, the oil and gas industry will be destroyed, which will destroy the economy of Iran. That will play only to the advantage of the United Arab Emirates, for example, a BRICS member, and the overall picture of the economic performance of the pariah countries, BRICS members, is expected to worsen.

I wonder where did you get that China told Russia to stop its useless special op (aka war vs Ukraine)?

The PS is really intriguing as the US plus most allies have seen the superiority of the western war doctrine, Capabilities plus skills wins against mass.

In BRICS we should not forget that BRICS is a Replacement of Swift, non bound to any country so their (BRICS memberstate's) vision.
Swift itself is about to change and adopt to modern times.   Mentioned here: https://archive.ph/svgEc 
Original under https://www.economist.com/international/2024/10/20/putins-plan-to-defeat-the-dollar

1. It is enough to listen to Xi Jingping's speech, and the noticeable change in the rhetoric of the Chinese Foreign Ministry towards the war unleashed by Russia against Ukraine. It has become definitively unprofitable for China.....
2. Putin spoke about the BRICS single currency, or rather actively tried to put it in the ears of all participants at the beginning of the summit, and did not hide that the task of the BRICS single currency is to get away from sanctions! He also openly called to make BRICS a union not for the development of the economies of the participants, but a block against the U.S. and the dollar. This is what I have been talking about for several years - some players, or rather BRICS members, the world pariahs and those close to this status, try to use BRICS exclusively to solve their political problems and complexes.

[hyudien]

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.

Dedollarisation to fight western domination but of the number of countries that have joined, is there any significant positive economic growth? Only China and India excel in economic growth and the rest are still in a situation that remains unstable. Based on data on projected economic growth it refers to US $35.5 trillion debt and if it continues to surge it will certainly make the US find itself in a financial burden. the impact on other countries is very bad because they store foreign exchange in dollars. the solution is that the US must prove with the new president who will be elected to solve the problem of their accumulated debt.

[WillyAp]

Dedollarisation to fight western domination but of the number of countries that have joined, is there any significant positive economic growth?

In reality no. Unfortunately we need control to make economic progress for a society. not for the individual. Crime is entrepreneurship with a different set of values. 

I wonder where did you get that China told Russia to stop its useless special op (aka war vs Ukraine)?

1. It is enough to listen to Xi Jingping's speech, and the noticeable change in the rhetoric of the Chinese Foreign Ministry towards the war unleashed by Russia against Ukraine. It has become definitively unprofitable for China.....

There are so many people involved, many who interpret the words of their leader harsher, other softer.
In that perspective the danger is greater than just using XI's words. Not many people around who keep their words to the letter.

[dezoel]

The fact that this is a self-moderated topic explains a lot about @drbeer himself I mean not even that he is wrong, to be fair he is right and yes Dollar is strong just like it always been and while BRICS are trying, so far they have nothing. Doesn't mean they won't have anything in the future, but we have seen what a common currency does, Europe has one, and they are considering literally disbanding it, so we can safely say that it doesn't really make anything better.

But it's a new thing, and the results are far inferior to what they expected and outlook isn't good, but we need to give them some time. The reason why what @drbeer does is funny because while he is right, he uses his words so carelessly that people literally get annoyed by "how" he says things and not "what" he says He is a pure patriot American, will defend American rights everywhere, and even if he is wrong, he will decline being wrong, which makes him questionable even when he is right, like this topic He is right here, but people still do not want to confirm that lol.

[DrBeer]

The fact that this is a self-moderated topic explains a lot about @drbeer himself I mean not even that he is wrong, to be fair he is right and yes Dollar is strong just like it always been and while BRICS are trying, so far they have nothing. Doesn't mean they won't have anything in the future, but we have seen what a common currency does, Europe has one, and they are considering literally disbanding it, so we can safely say that it doesn't really make anything better.

But it's a new thing, and the results are far inferior to what they expected and outlook isn't good, but we need to give them some time. The reason why what @drbeer does is funny because while he is right, he uses his words so carelessly that people literally get annoyed by "how" he says things and not "what" he says He is a pure patriot American, will defend American rights everywhere, and even if he is wrong, he will decline being wrong, which makes him questionable even when he is right, like this topic He is right here, but people still do not want to confirm that lol.

It is very simple to explain - there are many hysterical hysterics (I will not mention their names here), who do not care about the essence of the dialog, but just shit in the topic they do not like, promote hateful concepts, justifying terrorism, crimes against humanity, and similar things that some rogue countries and terrorists are trying to push in BRICS. I think it is not acceptable. And at the moment, not a single post of a person who simply has an alternative view to my opinion has been deleted, which confirms the above. I recommend that your opinion on self-moderated threads go to other threads that are not far from mine - then share what you get back

You don't like the way I speak the truth ? That's your problem !
You attribute to me patriotism and defense towards USA ? Give me at least one example where I say it directly ! Why are you lying and manipulating now Perhaps you want to give an example where I call some countries terrorists - it does not say that I am a patriot of the USA, but is based solely on personal experience as a citizen of Ukraine. So if I am a patriot, I am a patriot of Ukraine only

Yes I know that not everyone likes the truth, especially the truth about themselves. The main thing is not to hide it and carry it to the masses to resist the purposeful propaganda and attempts to hide the reality !
So those who do not like self-moderation and the truth - can answer nothing and pass by the topic