this post was submitted on 23 Jan 2024
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brics coming up to challenge the almighty dollar
If you think that's what BRICS is you're clueless
what is it then
A continuation of what has been happening for decades. Other people are just trying to get a piece of their pie. It is nothing new.
The problem with BRICS is more than half those involved aren't stable. They're politically or financially corrupt or worse depend on the West to even function in the first place. Doomed to fail mostly because of the involvement of selfish actors: Russia, SA, India.
BRICS has more beef with each other than the West half the time. How are India and China going to work together economically when they can't even settle land disputes? How will BRICS continue when fossil fuels are worthless and half of them are financially empty now? It's just not realistic.
Yes thats why BRICS exists. To stop having to rely on the west (under their shitty terms), breaking up the hegemony of the dollar in the process.
Also it is a long-term project, we won't be seeing a miracle overnight.
More than just about petrol, too.