WIKIPEDIA: “BRICS is an acronym for five leading emerging economies: Brazil, Russia, India, China, and South Africa.”
“Russia Announces 12 New Countries Want to Join BRICS Economic Alliance as US-Backed Global Order Crumbles”, says the headline at BigLeaguePolitics.com. “Interest in this global association is very, very high and continues to grow. It’s not just Algeria, Argentina, and Iran. In fact, there are more than a dozen such countries,” Russian Foreign Minister Sergey Lavrov said on Tuesday at a press conference in Moscow.
Let’s look at this supposedly dire threat to the economy of the West. The nations involved all suck economically except China. Russia has never been a big economy, all they’ve ever been is a big threat, spending every dime they could squeeze from their enslaved population to build the largest arsenal of A-Bombs on the planet. The rest of their military is crap and there’s not even much crap.
Did you notice that they don’t want to name these “12 New Countries”? What a shock, huh? Who do they have now? India, 1.5 billion people, most of whom are starving. Take a good look at those people, they’re all really skinny. Horrible economy in India. South Africa, much poorer now that the blacks took over, Argentina, very poor, Algeria, very poor. There’s 195 nations on Earth and you can bet your ass that the “12 New Countries” are the poorest of them all.
Brazil would have had a great chance at creating a booming economy until Lula the Communist took over the Presidency again. But not now. He fucked it into the dirt last time he ran the country and of course he’s going to do it again.
So this group of struggling nations in a collapsing global economy is going to cause the “U.S. backed global order” to “crumble.” Yeah, no, not today.
One of the Big Woops in the article quoted above is this: “BRICS countries are posting impressive economic results as a result of their alliance. According to current projections, trade volume between India and Russia is expected to (be) $30 billion in the near future.”
“Expected to be $30 billion in the near future”, whenever the Near Future is. $30 billion and more is what most billionaires have now. It’s nothing to a national economy, when large economies deal in $trillions yearly. A trillion dollars is a THOUSAND BILLION. $30 billion is what we spend developing a new helicopter or fighter plane, or give to Ukraine 3 times a week.
When I read this story how these mostly poor nations are going to collapse the economy of the West I laughed so hard I nearly shit a BRIC.
EXACTLY.
LULA FUCKED UP EVERYTHING AGAIN.
THAT UNLITERATED COMUNIST ASSHOLE ALWAYS DEFECATE BY HIS MOUTH AS A SECOND ANUS.
“Why is it necessary to have a spending cap?”
https://www.reuters.com/world/americas/brazils-lula-says-some-public-spending-should-be-considered-investment-2022-11-10/
Lula’s honeymoon with Brazil markets ends amid spending plan fears
BRASILIA, Nov 10 (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva’s brief honeymoon with financial markets looked finished on Thursday, as he pushed for more room to grow social spending without setting long-term fiscal rules or naming his top economic policymakers.
Brazil’s currency and benchmark Bovespa stock index, which rose last week as fears of political volatility subsided after Lula’s election victory, plunged around 4% on Thursday on comments by Lula and details of his transition team.
The rout made clear that many investors were done waiting for more clarity over Lula’s key ministerial appointments or details of how he aims to stabilize Brazil’s public finances.
In a speech to lawmakers, Lula said he aims to prioritize social spending over market concerns, questioning the priority given to key parts of Brazil’s economic policy framework.