(08-24-2023 07:31 PM)andybible1995 Wrote:  

(08-24-2023 07:23 PM)Was SoMs Eagle Wrote:  

(08-24-2023 07:18 PM)Todor Wrote:  This article agrees with what I was saying in the original BRICS expansion thread.

BRICS previously expanded only once in 2010, when South Africa joined the organization. The admission was made without any prerequisites. One of the key goals of this year’s summit was to agree to more formal criteria for new candidates.

Argentina, Ethiopia, Egypt, Iran, Saudi Arabia, and the United Arab Emirates were welcomed as new members on Thursday. The bloc currently consists of Brazil, Russia, India, China, and South Africa.

The shift to mutual trade in local currencies has taken a large step forward. No more currency tax being paid to America. Going forward, this is going to sting long term.

China’s diplomatic work is really paying off. Getting Iran and Saudi Arabia together, cooperating, trading and sharing membership in a small group was long overdue. The Saudis continue to disregard Washington while Iran continues to gain allies and trading partners despite US sanctions and threats.

You’re as dumb as dirt if you don’t realize this is China’s little cabal. They all will do as China says going forward. They will pay their tax to the PRC now. Good luck to them.
The west had better prepare for world war. It’s coming.

China would walk all over of the Western militaries within a month.

I doubt it. The Chinese military is probably every bit as corrupt as the Russian military. Its basically the same top down crony corruption that you see in the Russian military. There has been a recent effort to crack down on it---but it seemed to be mostly centered on the Chinese missile forces---so that may have been more about insuring Xi loyalists were in charge of the nuclear forces rather than stomping out corruption in the armed forces. Either way---when it comes to being a land threat to us---the big problem for the Chinese is getting to where western armies are before they can even attack. They cant even cross a Taiwan Straight which is only about 100 miles wide. Good luck to them trying to traverse thousands of miles of open ocean against the most powerful air craft carrier force in world and then perform a beach assault against well trained well equipped western force with the home field advantage backed by the largest air force in the world.

Bloomberg, “A Bigger BRICS Marks a Failure of US Leadership”

World Bank and IMF are not serving the BRICS countries well, leading them to create better alternatives.

https://www.bloomberg.com/opinion/articl...leadership

(08-25-2023 07:55 PM)Todor Wrote:  

(08-25-2023 03:50 PM)Attackcoog Wrote:  

(08-25-2023 03:03 PM)Todor Wrote:  

(08-25-2023 12:29 PM)CrimsonPhantom Wrote:  

Exactly. And the trend is super slow growth or negative “growth” for the West, and much more rapid growth of BRICS. They are the up and comers and the future.

How much “wealth” rich countries have is a joke. The US is 34 trillion in debt, student loans and consumer debt are trillions more. Their house isn’t wealth when things crash and no one will buy it. It might be $400K of “wealth” but it won’t be when we successfully find a way to crash ourselves. Anyone know what happens to stocks when things crash? Anyone know what happens if the FDIC can’t handle the losses?

There is little wealth in the US population because it’s all been sucked out. We have the debt, and the wealth is in the hands of people who will transfer it to wherever makes them a bit more profit in a heartbeat. Capital knows no border friends. Bank on it. What we see is all fake.

lol---and you think the Chinese economy is real and based on cash with no debt? Go look up Evergreen. Go look up Chinese ghost cities. Go look up economic transparency in China. Go look up the current Chinese youth unemployment data. Hint---you cant. They stopped releasing it when it hit record highs for 2 consecutive months.

Why would I look up any of those things? I don’t care if China is in debt. I am not Chinese, am not responsible for Chinese debt, and never said they didn’t have debt.

Whatever you are saying I think about the Chinese debt is wrong, because I don’t care about it. Looking at other countries debt will probably just fuel our politicians to borrow even more because “everyone else is doing it too.”

Hint—-I don’t give a rats a$$ what China does. I care what this country does because if this country crashes, that is my business. What China does is not my business. You see, there are 2 main types of business- mine and other peoples. I am only responsible for mine.

If we are messing with other countries, that concerns me. If other countries mess with each other, I do not care. That’s their own business. I do not care.

I didnt say you were responsible for Chinese debt. Your constant "concern" appears to be that we are about to be knocked off our perch as the top economy in the world. Someone has to knock us out of the #1 economic position and China is our nearest economic competitor (frankly, nobody else is really even close). So yeah---China---and their debt---is pretty relevant to the OP since its the most powerful economy in the BRICS alliance that your always trying to sell as this major threat.

Just as long as Hunter and the big guy are getting theirs.