Expanded BRICS Goes After Western-led Order?

[@GoodTimesBadTimes]

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[@atakorkut5110]

I love the video very well said very well broken down

[@Fx_-]

Goldman sachs named brics…. He said he added the S for south africa because bric alone didn’t sound right… its strategically guides by American interest… the same way we guided the EU that has not faired well at all….

[@r.guerreiro140]

You should be far more concerned about the Foro de Sao Paulo

[@jager6863]

90% of international transactions are in dollars and it's not going to change. Brazil needs Russian fertilizer, China want to sell goods to Russia and get cheap oil. South Africa just wants bribes and handouts. India hates China and likes cheap Russian oil too. Not seeing anything here to worry about.

[@Sweet_Pup_g]

Ah yes the infamous China-India axis of cooperation.

[@UndertakerFromWWE]

Weren’t they busy fighting each other with rocks and sticks in the Himalayas??

[@KaryAdams-r4c]

​@UndertakerFromWWE China was created for the purpose of changing the EAST, stated during NIXON- Rothschild Rockefeller- they want ONE MONARCH and their employees of the British Empire Commonwealth who still exists under corporations. EU/EUA are working together with China including the Vatican for that new shifting of the state owns EVERYTHING including the people. Back to slavery times if Pharoah and cheap labor. Digital currency under universal basic income, and servillace, tracking everything including cows 🐄 plants 🪴 and replace them with engineering animals, plants, human. Everything patented. The reason for covid patent. King Charles had a speech cop 21- I think about engender everything Everything country signed to the agenda. Technology came from the United States give to china and India. Wall Street city of London transferred quadrillion from U.S economy and birth certificate bonds /Social security ect. That build up began after JFK was killed

[@Sweet_Pup_g]

@PatagoniaAriesso?

[@barryraymond9004]

@PatagoniaAries CURRENCY is TRUST. Countries trust the USA not to manipulate their currency based on the US's relationship with THEM because no one country is that important to the USA. Frankly too many countries that don't deserve market access to the west have it with China needed a complete decoupling.

[@iamaloafofbread8926]

7:10 to make a claim that Packastan and India would be allies is crazy. Almost as crazy as China and *insert any Asian nation here* as friends and not enslaved to China.

[@713Tankbuster]

Ah yes, the long time allies Iran and Saudi Arabia.

[@MarkA-ql3gc]

That is precisely the strenght of BRICS: its ability to bring together adversaries

[@713Tankbuster]

@@MarkA-ql3gc lol no

[@nishantsingh7235]

He is right tho​@@713Tankbuster

[@HanSolo__]

😆 I spit my coffee.

[@barryraymond9004]

@PatagoniaAries The trade war with oil was between the Saudis and the Russians.

[@Count_Gustav]

BRICS should've expanded and recruit other countries such as Hungary, Indonesia, and Thailand so that makes them BRICSHIT.

[@Giorgos-ee5kn]

Cry more

[@Count_Gustav]

@@Giorgos-ee5kn lol

[@cz1589]

@@Count_Gustav Tears of laughing - does that count ;-)

[@chillout914]

CRY BABY CRY HAHAHAHAHAH

[@dennisestradda9746]

@@chillout914these bots can’t comprehend jokes

[@DeathsOnTheYAxis]

The Ethiopian dam finished filling last year and had no impact on Egypt’s water situation. That conflict is over. Everyone made a huge deal out of it and actually it didn’t matter at all.

[@ek5273]

An alliance that includes India and China along with Suadi Arabia and Iran is a treaty written on toliet paper

[@aigloss537]

The funniest thing is, there is no wven that.

[@dasbubba841]

Assuming it was even written somewhere.

[@abdulahmed738]

you never thought why these countries joined in same group despite hating each other? Theres obviously a bigger enemy

[@markoofski]

​@@abdulahmed738 I always found it funny how idiots like you can at the same time believe that the west is evil and strong and at the same time it's weak gay and pathetic. Like...choose?

[@ek5273]

​@@abdulahmed738most of these countries sre joining for economic reasons, not to join some geopolitical camp. This is just campist bullshit

[@themetroidprime]

That South Africa, a country currenlty on a rapid descent towards the level of Haiti, is part of this group is laughable.

[@fowlerfreak7420]

They should have never been allowed entry, but the other nations have their eyes on African resources.

[@DanielDracohun]

So they will be in no position to resist chinese demands...

[@jmjones7897]

Yeah, it's pretty sad. There's a small army of Cubans working overtime trying to keep the lights on and military/ security forces semi-functional It's a losing battle Wouldn't want to be there when the lights go out for good

[@Shiptoast0]

I'm from za, didn't china invite us explicitly? Pretty sure we're a diplomatic vassal of china

[@freeross371]

Racists wanting South Africa to fail so bad is hilarious 🤣

[@KVUAA]

What? Indonesia? Our President has denied that we have formally applied to join BRICS, as we are primarily interested in joining the OECD at the moment. Our finance and foreign ministries even stated that joining them would bring more burden than it's worth.

[@nishantsingh7235]

Whats OECD ?

[@swapneelbehera260]

OECD for developed countries chindonesia is not yet developed is still developing.

[@KVUAA]

@@swapneelbehera260 Its not the requirements. Mexico, Turkey, Colombia, and Costa Rica is not developed countries yet they are OECD member

[@Shambles7698]

Your stupid or not oecd is Israel - America BS. I don't think they wanna invite more country

[@tio301]

Quote: "Our polish narrator is the greatest one."

[@generaltom6850]

Timestamp?

[@jsbart96]

what?

[@MegaCavatina]

It’s good to hear what the poles think. This kind of narrative points out weaknesses of BRICS+, so the unspoken conclusion is that the expanded West is superior.

[@Strykenine]

Defenders of the oppressed? These countries are involved in the harshest repression of their own peoples within their boarders, and in one case the failed subjugation of a neighboring country. This 'alliance' is just like any other - self-interested and temporary. SA and Iran alone are two of the most repressive regimes. Sadly the US still counts SA as an ally. Maybe that will change in my lifetime. Right now it's all about energy.

[@TheKing-uu7jn]

Don’t forget Brazil is also entering the camp of oppression with Lula in charge

[@madsam0320]

SA and Brazil are much more democratic than many of western allies. Anyway, they at least do not interfere other countries if the people elected a government that they don’t like, like in Chile, Iran before the Shah regime, Venezuela or Egypt.

[@Strykenine]

@@madsam0320 Most likely because they were not capable of doing so, or had no such interests. Life's different when you are a hegemon.

[@madsam0320]

@@Strykenine okay, so yes, life is different if you are a hegemon. LoL!

[@Strykenine]

@@madsam0320 😘

[@okapijohn4351]

It is a completely dysfunctional group of countries with very little in common. And who is the billionaire or investor that wants to put its money in a authoritarian country that does not abide by the rule-of-law? Even billionaires want to put their money in a safe place where the law protects their property. That place is in the west thanks to their solid institutions.

[@mattpotter8725]

Whilst I think this BRICS enlargement is all a power play by China and is a loose arrangement of countries that either have an axe to grind with the US or are looking to play both sides off against each other to get a better deal from Washington, I don't see many billionaires or investors not looking at putting money into countries with questionable regimes if the ROI is better for them because in the end all they care about is money, this and a lot of the raw materials and minerals that are needed and will be increasingly needed now or in the near future more and more are only found in such countries. I also see this as a way for China to destabilise the world by bypassing sanctions on regimes like Russia and Iran, to keep the war going in Ukraine through the sale of Russian oil to these countries without the need to go through the US, but China instead.

[@B-PIXEL]

Are you serious? I am not a very rich person, but I have invested some amount of my capital in funds in the US and some European countries. At the moment my assets are frozen. Now there are talks about transferring them to Ukraine, which means they are stolen. Meanwhile, in Russia, no one forced companies to leave. These are the demands of the United States. So I laughed when I read your comment and saw the solid institutions moment

[@empiregeof]

@@B-PIXEL I invested in energy in Euroopean companies, then Russia decided to breach its contract and try to shove an energy crisis upon Europe. Made me lose a big chunk of my investements. Your assets arent stolen, they're frozen and they arent being touched but the profits ( Wich Russia would greatly benefit from) are now being used to fund Ukraine. Maybe you should've done something about the dictator that's been running your country and lining his pockets for 2 decades. IDK

[@okapijohn4351]

@@B-PIXEL Clearly you do not understand the concept of a rules based system. Your money is safe in Western institutions if you abide by the law. Break the law and you loose your money. The UN charter is part of those laws. The Russian invasion of Ukraine was a break of the UN charter. In a authoritarian system, Mister Pudin steps out of the bed with the wrong leg and your money is gone because he wants to.

[@Dim.g0v]

​@PatagoniaAries let's say you had $50 million and needed to store in some country. What country would it be? You can do a top 3 if one is too narrow.

[@MrYirley]

Brazil, India and South Africa are at best opportunistic not really western opposed and while Russia and China are aligned for now, just looking at a map you know they're gonna turn on each other the nanosecond they no longer need one another or worse even before that. Brics scares no one

[@Maria_Erias]

Not to mention the fact that India and China have been fighting what amounts to a low-intensity border war for years now, as well as India now becoming the most populous country in the world and who is constantly angling to out-compete China for regional dominance.

[@keithpalmer4547]

Yep. China is about to take half of russia after the idiots in the kremlin have exhausted their resources men and weapons in a pointless Ukraine invasion. If China does this they will become the #1 super power in this world.

[@lordpochinki2112]

When you say "opportunistic" then you put western led bloc at the correct side of history. And this is the problem. India will always look for multi bloc world instead of one bloc.

[@MrYirley]

@@lordpochinki2112 opportunistic in itself isn't a bad term as is the word consequence, there are just countries whose stance on certain topics are more stable over time than the countries mentioned above

[@jirislavicek9954]

Yes, Russia and China are "frenemies "

[@kenster8270]

The members of BRICS have nothing in common other than the fact they are all large economies that are not part of G7, so they simply created their own economic club. Other than that, they have nothing in common. Some have argued (mistakenly) that the existence of BRICS is somehow analogous to the existance of the Non-Aligned Movement (led by India) during the Cold War. But being non-aligned back then just meant resisting efforts to get sucked into the orbit of either Moscow or Washington, which was difficult for many developing countries that were becoming independent during the 1960s and 1970s. For instance, the former Portuguese colonies in Africa achieved independence in 1975 thanks in part to Soviet support. And so those countries became one-party states influenced by Moscow until the end of the Cold War when they transitioned toward democracy and liberalization.

[@gregwochlik9233]

Actually, the BRICS countires do have one thing in common: All their currencies start with "R". Real, Ruble, Rupee, Renminbi, Rand.

[@BOIOLA08]

The portuguese colonies did not transition to democracy and liberalization. They opened a bit nothing else...

[@SamudraMishra-yp4gc]

Are you talking about the American democracy and liberalisation in Syria, Iraq, Somalia, Vietnam etc?

[@tgazhn9295]

the only thing NATO has in common is that fact that they are all white..... no wonder Turkey wants to leave NATO and join BRICS Muslims will never be accepted in EU.....and that fact that NATO fast tracked Ukraine even though Turkey been trying to get in for almost 20 years. requirement needed to join EU is blue eyes and blonde hair.....dw ALBania will soon wake up and want to leave because we know they will never be accepted into EU either.....

[@King-vo7vm]

Watching to much CNN Fox 😂😂😂...

[@NigelAndTommyAreGrifters]

BRICS in concept works, in reality it doesn’t. Too many cultural differences and India and China are hardly known for been co-operative.

[@shd94]

China is India’s largest trade partner lol

[@DanielDracohun]

Did BRICS ever do anything? Other than accepting new members.

[@PapaOscarNovember]

I think they bypass western sanctions. So it’s not nothing, but far cry from what they want it to be.

[@rohitmishra670]

They created new development bank, something similar to world bank

[@TheKing-uu7jn]

@@rohitmishra670you think India and China trust each other enough to have direct control over their currencies? You think Iran and Saudi Arabia would drop their proxy wars over shared currency? You think the Argentina would take kindly to Lula of Brazil over the new currency? You think South Africa is going to be successful with their current strategies and people in power? Over the competitive currency? The only currency that has a chance to actually compete with the US dollar is the Euro. And that’s of Europe chooses to re-industrialize or if the ASEAN group successfully forms a trading bloc similar to the EU and make their own currency

[@rohitmishra670]

@@TheKing-uu7jn NO NO NO OK OK

[@peterfireflylund]

Press releases, photo ops, agitprop.

[@Holek2]

Ahhh, yesss... The famous Polish "inyvytyble". I'm so glad to hear a real voice, and not a studio voice actor

[@handlemonium]

This is the "twyntys report"

[@jennijenjenjen]

Even the accent hates vowels

[@CKLach]

It's all very funny but I'm not gonna hate on a guy who put all this work to build a channel and gets 100s k views on every video. Plus I am a Polack too and my accent is thicker than your mom's ass. I stopped carrying, it would be ridiculous for me to try to sound like I was English aristocrat

[@kawo666]

@@jennijenjenjen😂 Dzięki for the laughs

[@jjreddick377]

The “ dethronment of the dollar “ is one of those things that’s widely overstated. US became the economic hegemon in 1890. Dollar didn’t become king until after 1945. Why do people think dropping the dollar would actually weaken the US ?

[@aarthirajaraman7453]

The US wasn't the economic hegemon until the 1950s. If the dollar was to be dropped it would greatly decrease American importancd

[@markmuller7962]

AI, Robotics and 3D printing may shake the world's paradigm sooner than we think. All of a sudden having a large population may become a liability

[@TheJohnnyJohnny]

I will become a communist if that day ever happen.

[@NigelAndTommyAreGrifters]

@TheJohnnyJohnny Best pick up your sickle then comrade.

[@turningpoint4238]

Pretty much every industry over the next 20yrs looks set to be disrupted and society isn't ready for it. But after the chaos we have the chance for everyone to live like billionaires. But also countries lose power over others, they can be quite self reliant (food, energy and most products).

[@markmuller7962]

@turningpoint4238 I agree with you and indeed I should have said "a crowded country with a young demographic" but youtube doesn't really like clunky comments

[@squee222]

They said the same thing about the steam engine. Turns out we still need people and just created new jobs for them. Took a few decades but we figured it out.

[@maxidaho]

A snake pit of allied snakes is still, ultimately, a pit of snakes.

[@johnjingleheimersmith9259]

the only product of which is snake oil

[@Good-Life15]

Ok pig

[@generaltom6850]

⁠@@johnjingleheimersmith9259 And many countries don’t want to buy the oil anymore.

[@rogerzen8696]

You described NATO well.

[@johnjingleheimersmith9259]

@@rogerzen8696 that makes no sense at all. you must watch a lot of russian propaganda I guess...

[@ghjklz7587]

The real problem with BRICs is that the most common currency traded between themselves and others is USD Russian Rupee cant be used outside of the group Chinese Yuan value is set by the Chinese Government Indian Rupee is ranked 15th and is not very liquid as India does not import many finished goods So the most likely common currency is the USD

[@meteorknight999]

Not USD anymore Russia china india using own currency more with eachother. Especially Russia who left banned dollar to yuan

[@mysterioanonymous3206]

RIP BRICS. Almost made it to modernity. Almost.

[@Giorgos-ee5kn]

You wish

[@chillout914]

I am so sad for you LOL

[@jmjones7897]

If modernity equates to 17th Century Enlightenment Ideas- Not so much. I mean almost, amongst urban elites and educated classes in these areas. Communist/ Islamist Subversion and Radiicalization put an end to all of that. So what to do? Become Colonial Subjects to the Turko- Mongolic Imperial Successor States. Genius It will definitely work this time.

[@barryraymond9004]

BRICS is a social club where folks that hate each other in private complain about the USA.

[@photosthamara8689]

and u guys made it because of big daddy usa or else u would be extinct species in our history books

[@johntex105]

Of the many issues ongoing, BRICS is of little concern. China and India are at each other throat. Saudi Arabia and Iran have longstanding issues. South Africa is a basket case, Brazil has serious issues and is isolated from the others. Russia is bleeding out in Ukraine in a hopeless stalemate. And finaly China is nearing demographic collapse. But other than these isssues, all is fine in BRICS.

[@GrayRohan]

Yet europe is getting fucked with their overpriced gas from the usa, which is about to fall apart as well. Everything is fucked at this stage

[@abps9947]

Russian economy is doing good currently imf

[@worldofdoom995]

BRICS was never anything than a meme.

[@johnjingleheimersmith9259]

You ever heard of garbage in, garbage out? Yeah you can't polish a turd. BRICS was always DOA.

[@levelazn]

Brics is an exercise in diplomacy. Something. The west is allergic to

[@HanSolo__]

@@johnjingleheimersmith9259 Now it's BICS since Russia is doomed. 😂

[@barryraymond9004]

@@HanSolo__ Its really Crisb. Ask Xi, thats how he views it.

[@ChineseKiwi]

Commenting on this comment when it had 69 likes here 😎

[@PapaOscarNovember]

‘Global governance’ requires nations have to be willing to give consent to be governed. That’s a tall order, when several powerful nations have no intention to do so.

[@barryraymond9004]

Global Governance is a silly thing. What we really have is global control of bad countries by regulating access to the economies of good countries. At some point the bad countries change enough to be part of the good country club and their own markets are now the prize for the bad countries. Some good countries devolve into bad countries too. Somewhere along the road we started thinking that a communist and a capitalist deserve equal treatment. That is where globalism failed.

[@capincrunch1184]

We have lived long enough to be the villain in these countries eyes but when they have enemies on their borders how they cry for our intervention

[@empiregeof]

I often think about the 65million € going to India as development aid while after the Russian invasion and during the EU energy crisis you had an Indian politician saying "Europe must learn its problems arent global problems" After EU decided to stop energy trade with Russia, bought up the entire global LNG stocks and by default increased gas and oil prices globally. I wonder if Europe in particular needs to wake up from its slumber and actively scrap develoment aid for countries who openly, yet wrongly accuse it for politcal gain.

[@barryraymond9004]

@@empiregeof India doesn't need development aid, they need business and trade.

[@empiregeof]

@@barryraymond9004 WOW Never thought I would meet someone on the internet who didnt do any research before commenting something stupid. Oh Wait KEK Buddy, Let me summarize some numbers for you. Since 2004, India is a stratetic parnter of India: -6,000 EU companies operating in India have created 1.7 million direct jobs and an additional 5 million indirect jobs. -EU foreign direct investment (FDI) in India reached €87 billion in 2020. -The EU was India's third-largest trading partner in 2021. -The European Investment Bank (EIB) has invested over €3 billion in infrastructure, energy, and climate projects in India. -Furthermore, EU-India Joint Declarations have been adopted to bolster efforts on connectivity, water, and resource efficiency, employing a circular economy approach. In 2023, the EU and India also launched a Trade and Technology Council focusing on digital transformation and green technologies. They get Business, trade AND development. And what do Indian politicians do?? They SPIT on Europe and they HELP our ADVERSARIES to line their own pockets. Thats why I hope EU bilateral programs stop. It makes Europeans poorer, it drains wealth from EU to India. And the return is abyssmally low. If Europe's problems aren't Indian problems then why should Europeans care if Indians die of earthquakes and dissentry?

[@empiregeof]

@@barryraymond9004 India gets trade and business. Its seen as a strategic partner of the EU and more than 6000 companies have invested into the Indian economy creating well over a million jobs directly and 5 million jobs indirectly. If you're European based you can actually look up those numbers. Also, During the European energy crisis, inflicted by Russia, a notable Indian politician actually said publicly European problems arent global problems, wich begs me to ask, why should Europe care about India if that feeling doesnt seem to be mutual??????

[@barryraymond9004]

@@empiregeof So why is India taking aid if it is so proud?

[@sogerc1]

One of these days BRICS will actually do something. They've been preparing for 23 years so any day now.

[@Mountain14406]

Russia is at war, China is suffering from deflation, south africa isn't strong enough, India and brazil is playing both sides

[@merrick6484]

US and EU are enjoy their inflation.😂😆

[@Mountain14406]

@@merrick6484 3.5 ain't bad 😂😂😂😂 plus defaltation is way worse 😂😂

[@iamaloafofbread8926]

India and Russia have tentions with China. All this talk about BRICS will not amount to much in any meaningful way

[@kevinichbia8487]

Your proposal is the long expected materialization of the initiative for democracies that so far has failed to materialize into practical means for a democratic rules based order to provide better living standards.

[@rteammobile]

I appreciate the concluding remark about the global need for a fair and inclusive system. However, power dominates everything, and people will only listen to you if you have something valuable to offer. As the saying goes, money talks bullshit walks.

[@HandsomeSquidward-q7g]

The entirety of BRICS consists of actors who all either hate each other or don't have any real connection beyond some mutual trade interests. To summarise: -China and Russia cooperate purely out of geo-strategic necessity, but would tear/nuke each other to pieces if the US wasn't there. -India and China's relationship is even more cancerous, and they have their troops engage in horrific melee border skirmishes every couple of months (with China usually being the one who starts those fights, and India finishing them). -Brazil is a barely cohesive mess that has always had astronomical potential, but will never reach it due to insurmountable political, geographical and social issues. -South Africa is quickly on its way to becoming Haiti 2.0: Electric Boogaloo, being run by slime who are so stupidly corrupt they actively brag about it on live television. -SA, Brazil and India are definitely more pro-Western in terms of the level of freedom, legal systems and the structure of the societies themselves, putting them almost completely at odds with Russia and China's brutal authoritarianism and censorship -Russia shits the bed whenever the oil price goes a bit wonky, and has virtually zero soft political power, relying on its shambolic military to maintain relevancy. The current kerfuffle in Ukraine is not helping matters. -China is dealing with a whole host of awful economic and social issues at home, which is leading them to act very petulantly on the global political stage, but also at home. -All the other countries who want to join or have joined are either weakly third-world banana republic entities or nations who also absolutely hate each others' guts.

[@GeneralDMadness]

I don't see how a video about BRICS can be interesting. They will never be a big thing

[@Giorgos-ee5kn]

You wish

[@АлеевИлья]

They have already become bigger than the West. They just need to stop working for the West. And to do this, we need to make something like a Eurasian Union out of the BRICS!

[@Mandanara]

Made you click

[@АлеевИлья]

That is, the West is still forcing the BRICS countries to work for themselves! How long? The United States is concerned about this issue! After all, no one wants to feed the US and the EU.😡

[@KaloyanKasabov]

​@@Giorgos-ee5kn they haven't done jack in 15 years

[@shumbi11]

Argentina initially joined to watch and veto Brazil, Ethiopia joined to watch/veto Egypt, KSA & UAE to watch/veto Iran.

[@ovojohn]

Regarding Brazil, quite the contrary. Brazil was the main proponent of Argentinian being invited into the group.

[@johnmuller8954]

I'd like hear why Israel violating international law in a much more blatant way, is not a condemnation of western alliances. if it's good enough to hold them together via the ineqitable us dollar it's good enough to hold brics together with oil and mass production. And I wouldn't make too much out of the language of democracy when what really matters more is the extent to which people are raised out of poverty. Let's compare usa to China hmmm.

[@gideonmele1556]

Israel isn’t part of the western powers nor alliances, similar reason why the DPRK isn’t a PR nightmare for BRICS because one member is supporting it, Iran however, is very much involved and already a pariah unlike Israel. It certainly hurts the western cause but is not nearly as big of a political burden especially since a large number of western countries have been going against Israel and Israeli allies have been advising them to calm down (which is ignored but still it’s tried).

[@bensanderson7144]

I don’t see Brazil ever seriously turning away from the Americas to consolidate with overseas powers. The US and Brazil have squabbles, but the Americas won’t allow themselves to get splintered

[@Warawarayadnus]

USA: looks like BRICS needs FREEDOM!

[@yashpatel261]

BRICS does not exist tbh. None of these nations have any real cooperation. No cultural or economic alliance. India is basically playing both sides of some level of friendship with USA where we repair their nuclear submarines, destroyers and other stuff on our ports with no problem and we also buy russian oil and weapons because we do not want to antagonize them. In short we are trying to get along with everyone and not pick a side but in truth we are slowly creating a stronger relationship with USA as time goes on. Both on technological as well as economic levels. Time will tell but if china starts a war with india it will accelerate our alliance with USA into an extremely strong one. And china is arrogant enough to do this and push us into a formal military alliance with USA.

[@Rockefeller.69]

How in the absolute shit fuck do these videos get fewer than 1M views each? Let alone fewer than 200k??

[@DNG12900]

I will be honest, BRICS only seems to be held togetger by their dislike for USA and EU. If they disappeared BRICS is more likely to fall apart than be united. Moreover what exactly is it trying to do right now? Become something like EU or ASEAN or does it have other goals?

[@Wack373]

If brics is experimenting multi-lateralism, the fact that countries with conflicting interests are members is then a feature, not a defect, right?

[@Mu3az523]

Ethiopia and Eygpt have huge debt to gdp

[@waynekensicki4718]

The thing is. America and europe are consumption based economies. The rest depend on exporting products to the west. The West is already building a manufacturing base in mexico. When the West decides to stop propping up china and the rest of them... Exporting countries depend on consumption based economies, not the other way around.

[@cLaw27]

Only a fool can see a bright future for an alliance made of rivals.

[@rustix3]

10:40 "For decades leaders identified with global south have sought ways to dethrone US currency from its pedestal as the World's reserve currency" Ironically it was EU with Euro who came close to that result, with US dollar having 80% of global reserve currency share, and after Euro gained its power the US dollar got down to 60% and Euro 20%. So Euro became the seconds largest reserve currency, having the same share as all other currencies combined(if US$ is excluded)

[@drprofessorsoso208]

When it comes to economics I wouldn't take Al Jazeera seriously they also said Javier's Milei's plan to dollarize would work when I said it wouldn't work

[@mattbowdenuh]

Yes and no. It would be a band-aid. Using an outside currency like the USD will curb inflation, naturally, but only to a certain point. But long-term, you need to make institutional change that allows you to use your own currency that will prevent the previous errors and policy decisions that got you to that point in the first place, which is the hard bit. Dollarizing is quick, thus an immediate band-aid to stop the bleeding, but not curing the illness. You can't rely on "Dollarizing" your economy long-term, unless youre a small country that gets alot of Dollars from natural trade inflows (think of small tourist countries like Costa Rica or Panama because of the Panama Canal inflows, or Caribbean Island nations). But country like Argentina cannot dollarize as a long-term plan, as that will fail. There just wont be enough USD inflow for a country of that size.

[@MLX2024]

"Ladran, Sancho, señal que cabalgamos" "The dogs bark Sancho, it is a sign that we're moving forward" -Don Quijote de la Mancha

[@ktg8030]

lol the US isn't going away. No matter how far it falls, everyone else will fall further. Has anyone been paying attention to whats happening inside China, Brazil, or Russia? Waaayyyy too many problems. India might be a bright spot, but they have a ton of poverty and may improve many lives, but will eventually suffer a similar fate as China.

[@pilotcyborg.gaming]

US is falling same goes for europe russia is the richest country in the world yall clowns know nothing china and india will stabalise, the dollar fall will hit them as well but they will recover quick

[@MarcosElMalo2]

Is there any indication that B, I, C, or S are actually ready to back China? I think each of those countries plus each of the expansion countries will pursue their own interests. That said, I think the developing economies can, will, and should push for reforms. This will lead to an easing of U.S./Western hegemony but not its fall.

[@Skyler827]

If they could just manage to harmonize their monetary policy and achieve a currency union, it would seriously strengthen their economies and would make the US dollar less mandatory for reserve currency status. But there's no way a bunch of autocrats and dictators would ever allow any central bank outside of their control to decide how much money the can have.

[@TheKing-uu7jn]

That would require India to put trust into China with their currency and power And this isn’t mentioning the territory and resources disputes they have already

[@hinatadover1614]

5:11 how does using ppp miss the point..can you explain further? Cuz it seems that from other sources ppp is a better measure

[@blafonovision4342]

LOL. They can go after it all they want. With the end of secure, cheap transoceanic shipping, it won’t matter.

[@marcinmaj848]

They will use Chinese warships made of paper. Have you seen the old Japan patrol boat collision with the Chinese Corvette? The Indonesian Coast Guard made a fcukin hole in it. Man, it was a delicate "kiss". 😆

[@AniMageNeBy]

Pretty negative review overall with here and there some bias seeping through, but I think a dedolarization and going for a multi-polar world is actually the way to go - regardless of whether you like all the current members in it or not. BRICS is not about claiming the moral high-ground, or military alliances; it's about economics. And about equal representation on the world stage that is according to their respective populations - which is about 50% of the worlds' population. The West, and even the UN, really have an abyssal reputation in that regard. YTake the G7; they try to force their rules on everyone else, while making out only about10% of the population.

[@J.M.254]

An alliance between Asia and Africa, would become an unbeatable power. Hope their leaders understand this.

[@LondiweMtshali-yy5kf]

When last did u update these IMF gdp because now germany is negative 0 its in RECESSION n japan is 0.9 very bad thats 2024😢

[@nilocblue]

BRICS don't have a whole lot in common with one another, except that they want to feel important and have more status, that's it. You can't tell me that India and China are gonna get along and play nicely.

[@seanstansbury5585]

The only way BRICS would work is if they expanded it to include the US.

[@EarthForces]

The US-EU coalition with the participation of the chief Commonwealth countries excluding India is still too strong and will likely be almost impossible to challenge unless they themselves botch their diplomatic and economic edge with supranational organizations like MERCOSUR, ASEAN and the African Union. Also, the Middle East seems to be still more Western-leaning and only wanted the BRICS as an alternative just in case the "collective West" and its institutions will fail in such a level akin to the USSR. China's eventually failure (sorry it is already showing its cracks) will spell the end of BRICS at some point. Russia, though for a time, will be an economic "client state" of the PRC thanks to its senseless war that ultimately strengthened NATO.

[@MarkA-ql3gc]

There's the G20 for that. But the West needs to stop playing kindergarten at G20 events with their small-minded walkouts and attitude of "I'm not talking to you!"

[@joshuawilson8804]

BRICS was a catchy slogan nothing more. It doesn't have a unified currency among themselves. They hare not ideologically aligned. Countries who want to join are more than likely desperate.

[@dosmastrify]

Still glad Hubert's back

[@arikliane779]

100% hubert

[@Sprinkle-sg8yb]

With all these printed trillions of dollars all over the world, IMO the demise of the dollar will be legendary.

[@atakorkut5110]

There’s a reason everybody wants dollars because you know you can trade it anywhere you know the value of it and whether it’s Fiat currency or not it’s the world reserve currency Because everyone wants dollars😊

[@विनितकुमार-य5ढ]

The geoplilitical issues between countries talked about is nothing as game changing as it is believed to be for even in the global west cracks md devides of varying degrees will gradually arise when more and more crisis befalls it and dismay and range if opinions probable to be formed increase. As for opposing US currency, its too deep ingrained to oppose it in a significant way and the opposition has just started, its too early to judge if something will come of it for the collective global south or not.

[@CopingsCorner]

26:45 wtf, train-tracks through the,,, actually on the,,, no wait, it's actually the whole street itself of a residential area! Damn that's an inconsiderate, and arguably outright hostile infrastructure design/layout,, whomever greenlit this, clearly didn't have much love for the people living there

[@howtoappearincompletely9739]

Great stuff, Mr Hubert Walas. You've got me thinking!

[@headoverheels88]

One must have to wonder if any of this was possible, why hasn't the US-led system that we call "western countries" (I hate that term... Japan, South Korea, Singapore, Taiwan etc aren't western) haven't created a common currency like BRICS supports advocate for. I mean the term BRIC itself was coined by an American economist at Goldman Sachs (not some random British lord), so why haven't we done it? That's a rhetorical question of course; it's because it's a very very dumb idea. Even blocs like the European Union, which has it's own enforceable constitution, legislature, and decades of integration *STILL* grapples with the concept of essentially exporting their monetary policy to a foreign capital.

[@j.obrien4990]

the problem is that they have little in common and there is a lot of rivalry between them -- i.e. India and China.

[@Mike-ys4sr2023]

The British Sterling was replaced by the USD and off the Gold Backed . The BRICS currency can go back to Gold backed plus a digital currency for trade like a few Countries in the Caribbean are already doing with China digital currency exchange.

[@mbaker2280]

Thanks for another great video! And this voice suits perfect, better never change it!

[@Kuac85]

Great material! Thank you!

[@bobjohnson3940]

Europeans are uniquely skilled and experienced with regional and global politics and organization and have never been afraid to enforce and sustain it. China has almost no experience in this area. Most other people within the human race have almost no experience in this area maybe aside the mid-east but it's not on the level of the Europeans and Americans. Usually a pact or an organization is entered with a clear purpose and a structure in mind and most importantly greased wheels and cooperation already established among the parties involved with the benefits and potential clearly defined as well as the risks. These other power centers have a long way to go, and they're in fact using many European style methods to achieve this, but they clearly don't have the confidence nor the ability to actually get this thing off the ground in a way that seriously threatens what the west has established.. because what the west has established is far far more vast than many of us even really know or understand.

[@ananthakrishnan6106]

Lol Europeans 🤣 its the yanks everyone cares about not their dogs

[@truth-uncensored2426]

hahahaha

[@MMerlyn91]

I love how people think Milei is "against the system" when the dude constantly acts like the lapdog of the system.

[@JsJdv]

We're already putting up with countries violating international laws. You seem to not like the fact that it's not the US that would be in control, but Asia.

[@mauritsbol4806]

Brics is samsung, where apple is the US. It is the main competitor to the worlds hegemon, but being the main competitor doesn't say much in itself.

[@kubaebo6930]

A very poor representation of what BRICS is all about..your analysis is very poor and biased. A waste of time. BRICS is cooking.

[@Brandoloian]

As an American I appalled and wish BRICSA+ good luck. They are going to be backed by the gold standard. USA should have a gold backed standard too. Nesara/Gesara is coming soon.

[@wabalaladabdab]

Just a reminder, brics is still a joke

[@HarryMonn]

How can you possibly change the rules of the strong rule the world though? What civilizations have ever willingly gave up dominance?

[@AyedYoutube]

is there any source that says Indonesia applied for BRICS membership?

[@АртемАндреевич-п8у]

Did I understand correctly that the United States does not violate international law? Or is the meaning of the video something else?

[@Toneload11]

The different between the g7 and the Bruce are.the g7 uses debt for their lifestyle but doesn't produce nothing of value while the brics have commodities.

[@hinatadover1614]

21:14 thats rich, since Javier is so authoritarian

[@studiometaart1974]

Many many of you guys are failing to realize that Russia and the Arab world have been fighting for Sudans almost limitless gold mines for years. If Russia actually secures Sudan (Whig looks to be the case). This would literally change everything for the currency. Like by an unbelievable margin. The western world would know this if they spent .000005 seconds caring about Africa.

[@live_free_or_perish]

The only one that matters is China. All of the others are only loosely connected or insignificant bit players

[@craycraykian508]

Saying the global south wants to break away from a world of might makes right just seems blatantly wrong to me. Most of these countries are governed by this same idea intenally afterall. Cooperation with one side or the other globally is simply a means to consolidate power or expand influence in their neighborhood without accountability. (Ethiopia for example wants to expand into the horn and reach the sea as it brutally represses local upsrisings) Economically there is much to gain for developing economies in the forum on paper but few seem poised to take advantage of this. Because this access to support comes with a price. With all this access to oil, technology, raw resources and manpower why have so few states within the forum actually seen the benefits to a large degree? Because these resources are to the benefit of india, china and Russia primarily. And given the chance most of these countries would rather decentralize the global order rather than replace it. South Africa, Ethiopia, India, China, Russia and Brazil off the top of my head seem well positioned to dominate their local regions if left to their devices. A multi polor world for some of these countries is one where they wish to carve their own spheres of influence partly by hedging powers against eachother.

[@admiralsfleet]

Nothing like Hubert discussing geopolitics to settle into an enjoyable evening after work

[@AdastraRecordings]

A BRICS gold backed crypto is going to make $34 trillion in debt feel like a lead weight, time to divest from the green back.

[@SimpleGeopolitics24]

I don't think so, the United states is by far the most powerful country in the history and the world now. Maybe China can really challenge the US hegemony, but they are in a deep demographic crisis, that affects badly on the Chinese economy and advancement.

[@siriusakari6729]

The US also facing a huge demographic catastrophe that is why they are slowly taking away women's reproductive rights. Demographics are changing for many nations do not think the US isn't immune to this problem.

[@amitkumarsingh1709]

American exceptionalism propaganda that sell to American people USA inheritanted British Empire institution & assets after WWII become British gone bankrupt American power degrading but it will not collapse but gradually becomes weaker just like India & Chinese empire in 19th century Chinese biggest problem is theirs autocratic system which gives less room to experiment & disscus ideas for nation building which causes them go hyper in many cases where that not needed like one child policy

[@amitkumarsingh1709]

American exceptionalism propaganda that sell to American people USA inheritanted British Empire institution & assets after WWII become British gone bankrupt American power degrading but it will not collapse but gradually becomes weaker just like India & Chinese empire in 19th century Chinese biggest problem is theirs autocratic system which gives less room to experiment & disscus ideas for nation building which causes them go hyper in many cases where that not needed like one child policy

[@mattbowdenuh]

@@siriusakari6729 We have immigration to make up for the less than replacement birth rate. You don't see millions of people lining up to immigrate to China. But at the same time, China has so many more people that if the average person only needs to produce about 1/3 or 1/4 of the average value as an American for the countries to have equal GDP. It's not like China is gonna go from 1+ billion people to 500million in a couple of decades, that's just unrealistic. They will still largely outnumber the US population for our lifetimes. Also, it's much easier to grow from say $10k or $20k gdp/capita to $40k or $50k than it is from $80k to $120k gdp per capita. So it will be a struggle to keep pace with China, but it wont be due to US demographics.

[@SimpleGeopolitics24]

@@siriusakari6729 It is true that most of the countries in the world are in a demographic crisis, but in China it is hurting manpower and causing a decrease in the population. China is also suffering from a real estate crisis, Chinese real estate makes up about a quarter of China's economy. In recent years, the Chinese have built huge projects and a Chinese citizen with enough money to invest in real estate. The problem begins when real estate prices in China rose significantly, due to the huge demand for investment apartments. But in practice there are not enough people in China to house all the houses that have been built. Which very quickly caused a sharp drop in apartment prices in China. The drop in housing prices in China has caused Chinese dictionaries to lose money and Chinese construction companies to "go bankrupt". Companies such as: the Chinese Country Garden is in debt of 200,000,000,000 billion dollars. This has meant that millions of Chinese workers who previously worked in the construction industry in China will lose their jobs, which also hurts China's construction power.

[@junioroliver8845]

Amazing graphics and I like how you explain in details 👍

[@AlexM-uz1hg]

Thanks for analysis. Membership of the RSA, of course, looks like a meme. But who knows, which resources has the country - for example. Lithium or something like this, you mentioned in the last video about Green Energy.

[@wasnt.here.3853]

Our Polish guy is back for good this time!

[@marrs1013]

These countries has nothing in common. Their political and economical situation is completely different and heading to different directions. Different cultures, different traditions. They couldn't be much further away from one another.

[@MarkA-ql3gc]

The strength of BRICS is that they can bring together countries that are normally in some opposition to one another, such as China and India as well as Iran and Saudi Arabia. This is a welcome trend against the current fragmentation of the world.

[@jakel8627]

Assuming BRICS is united.

[@johnjingleheimersmith9259]

@@jakel8627 mostly one of two things, A) a political appeasement to China to avoid economic backlash from them or B) a result of political "rewards" from China for joining at BRICS at least in name only at base level to give BRICS a larger perception of legitimacy

[@barryraymond9004]

Bring together for coffee?

[@MarkA-ql3gc]

@@jakel8627 It just needs to be united enough in that they agree to work on issues of common concern. And it is.

[@freedomcontrolled6190]

BRICKS is the brainchild of Goldmen Sachs!! Nuff said!!!!

[@user-fi7hr3gx4h]

Global south 80% + worlds population Go figure

[@creatorofgods1668]

The U. S. needs to accept applications for the Dollar or the Digital Dollar.

[@kevinichbia8487]

Being able to trade in yuan for China is a necessary de-risking of supply chains in case of a conflict with the US...

[@TruthisclassifiedLiesisnews]

I have friends who are south african & they own 3 houses there an a house in the u.k , Really nice lads and i have a real laugh with them . They are leaving here soon & heading back , offered me a place stop and aid in setting up new again . I'm tempted take them up on the offer but always had a longing for a island life style thats still in the process of growing econamy wise , security wise .

[@kzazazazk]

Though I agree BRICS is barely an organized group but it's worth considering Greece and Turkey are in NATO and many Arab countries defended Israel recently so it's not uncommon to have conflicting States working together. Enemy of my enemy

[@DiviAugusti]

Here for the hysterical Indian takes in the comments.

[@gocool_2.0]

Here is the Hysterical Indian you're looking for. 🙋🏽‍♂️

[@thotslayer4949]

Says a guy who's country is a lapdog of US.

[@thotslayer4949]

Keep crying

[@talking2388]

Lol All countries that are not going anywhere and most of the people want to move out from. Don't let them back in the Dollar or Euro .

[@ChristopherCarter-q9i]

My favorite narrator is back!