Why the BRICS will fail! 🔥
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- เผยแพร่เมื่อ 27 ส.ค. 2024
- #brics #china #india #brasil #russia #indian #economy #southafrica
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India also opposes yuan as the de facto currency of BRICS! 😂
Yes!
That is very true, and because of this relationship between China and India, India seeks a strong companion which is US, therefore, India will not make a major move against US and US will keep holding its position by providing companionship to India.
The problem is CCP, IT doesn't respect it's neighbouring countries sovereignty, Russia is fodder in economics terms , recent CCP map claimed Russian territory as it's but Russia can't do anything.
BRICS countries has nothing in common. This is the same reason euro isn't popular after 30 years. BRICS is anti USA club. China is the leader. China and India both has major boarders disputes. Fail states are eager to join
Very true, facts hard to ignore ! :)
Russia is the leader
I am brazilian and - overall - I tend to agree with you:
1)- You touched the main point...the lack of mutual trust among BRICS member countries. There is a lot of conflict of interests, and not only of an economic nature.
2)- It is hard to take seriously a "BRICS Bank" where Mrs. Dilma Rousseff is "elected" as President. No further comments...this "lady" is the proof one should never give up (brazilian nationals will understand). 👹
3)- Other than that, BRICS countries companies can draw their invoices in any currency of their choice, but I think BCB (Brazilian Central Bank) - regardless of L da Silva's bravados - is still keeping most of its international reserves expressed in USD, EUR, AU (Gold Bullion) AR (Silver) etc....the USD isn't going anywhere in the short term...
Bahahaha 🤣🤡
Passa daqui cachorro vira-lata
As an American Dilma Rousseff disgusts and horrifies me. I still don't know why she's relevant.
Tinha que aparecer um vira-latas. Manda seu endereço ou caixa postal que vou mandar umas latas pra você amigão. Quem nasceu para ser perdedor, nem entra no ringue pra lutar. Vai lavar banheiro nos EUA que você nasceu pra isso.
@@jcardenas7597he's right your the clown
Problem w BRICS is you have to demonstrate protecting individuals liberties which none of those countries demonstrate. This is why the U. S is falling because it has slowly but steadily eroded what was to separate it from everyone else which is why people are still pouring in the U.S as it’s falling
You have to start w individual liberties that are protected and the original formation of a Constitutional Republic created that atmosphere. You had immigrants coming to America w beautiful success stories.
Now let’s look at recent events in China for example….why we’re banking citizens beaten up last year for wanting access to their savings after the real estate collapse there.
How many raids occurred in Chinas financial districts citing billions in fraud
Why all the ghost cities after buying more steel than anyone when locals are living in office buildings that are 95% vacant?
Russia: how is that country protecting individual liberties?
Saudi Arabia: Does that country protect Everyone’s civil liberties? Of course not
America got in trouble and past presidents have died fighting outside wicked policy makers that have done things for private interest in the name of American citizens whose freedoms have slowly been eroded w the help of staged crisis….it’s an old playbook
In the end however freedom and liberty is what separates a nation against other nations
Let’s see how it plays out
My advice to you is to get rid of CNN. Maybe then you will start to better understand the world around you.
@@MrAvatar011you probably think North Korea is thriving as a country with their news source… Drink more red cool aid😂
@@Hmonks who mentioned north korea? But the Anglo-Saxon scum aren't very good at geography. The establishment prepares them all their lives to be small minded shit.
What kind of incoherent rambling was this. Can tell tin foil conspiracies believer based on lack of periods and run on sentences. Like to hear yourself talk do we. Please take your meds so you can make a coherent point.
@@MrAvatar011my advice to you is to stop being a contrarian idiot who has no idea what he's talking about
I am not if the BRICS will fail or not. But I do see the G7's GDP has already shrunk by 1/3.
It literally has not.
This video is made to make the western feel better about themselves 😆 🤣
It's called facts
Let them feel better lol.
The West is slowly dying.
It's just a cope mechanism at this point.
All empires rise and fall. That's the natural cycle.
Yeah, lack of fundamentally common goals and common values makes this a dead end beyond some basic cooperation..
The main goal is to have economic development, and it is extremely strong among the BRICS countries.
Countries wouldn't run on Values , they run on Interests.
1)Everyone wants support at WTO against west. And favourable terms.
2)With this types of strong groupings you gain strong influence and attention. Just like G7, ASEAN.AFRICAN UNION.
@@Odo-el2mhno he's right
One big factor when you look for economic collaboration is cultural and social exchange. BRICS nations at least for now have very isolated exchanges between population. This can be a huge deterrent in economic collaboration. One reason why G7 countries have greater cooperation.
I think at this point maybe one factor (JUST THIS ONE) can hold them together. Which is how tired the world is of USA.
@@saivignesh837 Those sentiments are crucial but for BRICS to succeed they need to have a sustainable market within themselves with each other. China can sell more to India, not a problem but a lot of Indian economy, is service driven and is dependent on western economies. India does not export much goods and services to B,R,C or S. Most of FDI in India comes from western countries. BRICS market isolation might just be a major disaster for both India and China, despite how tired the world is of US meddling everywhere.
@@anishmajumdar8043 interesting! Makes sense and India is still in no match to the manufacturing prowess of China. Russia has oil. India doesn't have great many resources. Not sure how much the lithium discovery in Kashmir would help. Maybe more technological advancement in the agriculture sector to increase yield might help. Even energy is important. I think if India can help in these two sectors it can create a market to sell to other b,r,c,s nations but lol no country can match a consumer like USA. It still needs to go a long way. It's currency is not that strong too. China and Russia would be the major players in brics.
@@anishmajumdar8043china has a need for landmass, they need a place to put their citizens. Easier emmigration of Chinese people to the BRIC countries and have better opportunities initiating Chinese innovations in foreign lands like India.
@@Lubuolathagreat I might respectfully disagree mate. In the last few years everytime I travelled to Chengdu, Shanghai and Beijing, I have seen massive housing projects easily housing millions of people in smaller footprint building. China is very well equipped to take care of its stable population. Culturally BRICS are so different that population exchange is practically impossible right now. And not even needed.
BRIICS : Brazil, Russia, Iran, Indonesia, China, South Africa
Next video will be "Why BRICS was successful" 😂😂😅
It doesn't work stupid
Dream on
+ cry about it
Next videos will be full of, "Why Brics failed - again!" Although the reason are quite obvious.
Haha, hey, I wish them well. I'm from the US but if other countries can prosper, why not
You're going to be hurt when BRICS succeds. 🇿🇦
Tell me why West has failed and USD is collapsing.
Greed.
Is it really though.
Don't you mean the East look what's happening over there
@tepurangaheremaia Oh I suppose China is not greedy.
@@collinpearson5456 Look at the World? It's struggling. The future is in the East, it is inevitable.
India playing game with both Brics & west ,
it's risky & very dangerous but it pay's worth that risk, country first 🏁
BRICS was never meant to be a political coalition, only trade. Its members don’t need to have close ties. If it were designed to be a political alliance there’s no way India and China would have been in this coalition
The US toilet papers will be de-toiletized first before BRICS fails.😂😂😅😅
If it succeeds good deal for them. But if it doesnt, it may be because of the dark side of some of these countries that begin to conflict.
Nah i think it Will succed
@@Chesse_spell_book we'll see
@@Chesse_spell_book😮 Definitely wont
@@Ratchrz20 BRICS is expanding. So, I think it's working.
@@jukio02 give it more time like "several" years. But Im not against it.
The evolving geopolitical equations are complex and always subservient to a Member Nation's own interests for obvious reasons
Hence your views are well founded and need serious attention
West telling how ukraine is nuking russia😂
Brics will not fail as the countries in the organization are depended on one another. Furthermore the currencies to be used are flexible. They do not need to keep USD or Euro.
In what way that they are depended on each other? China and India are rival countries. They have ongoing border dispute that killed their soldiers. India would not like to help China to be more powerful than India. BRICS is nothing more than bilateral trade and it is ok they can use whatever currency they like. It will never unseat USD or Euro.
@@JupiterAscending2 Probably USD and Euro will only be traded in North America and Europe. China has demonstrated that it can supply most of the engineering needs of countries and Russia on military equipment and others with pharmaceutical , food etc with local currencies. Furthermore the world has seen that any country can be sanctioned and their money seized. They have the opportunity to determine the terms of trade without borrowing from international institutions and collaboration of the countries concern has started in real goods and services, Dependency is there to accept the terms of trade of 2 parties for mutual benefits. But Brics currency based on precious metals might be taking off. Many countries have become bankrupt due to the western economic system.
If India wants to deal with USD/Euro it is up to India but its domestic politics and foreign policies will be determine by the west. It can be seen India is just a fence sitter as its dependence on the trade with west is important. It has not taken any position on anything thus far preferring neutrality which is infact a sign of weakness. There are many Asian giants outpacing India. The only credence given to India by the west is to use it for geo political purpose due to its military size and location. India could not determine the outcome in Afghanistan. So it is better for India to fit into Asia for long term stability instead of attempting to please a distant power.
@@mohamadazamabdullah4191 Your first sentence indicates that you don't know anything about international trade. The USD and Euro will never be traded only between North America and Europe. That is a silly and ridiculous statement. US has trade with pretty much every country on the planet, including all BRICS countries except Russia after they invaded Ukraine. When that happens, guess what currency is used, USD. The same with EU. Russia military equipment is junk. They look good on paper but when put in combat situation, many of them failed and destroyed by superior weapons used by NATO countries being used by Ukraine. India, Russia's large military customer, is taking notice. Russia is sanctioned because it invaded Ukraine, which is a sovereign country which yearns for European integration. It is better that Russia is sanctioned by the western allies, to force it to stop the war. Rather than there is a direct military confrontation. Infrastructure projects funded by China are shrouded in secrecy. There is no transparency. We know at least two countries have gone bankrupt, Sri Lanka and Pakistan. Guess who bailed/bailing them out? Not China, but IMF. What is BRICS currency? Nothing. At this point, it is a vaporware. No country has enough gold to peg their currency to it. So BRICS currency backed by gold is a wishful thinking. India is China's rival. It is in its strategic interest to work together with western allies to contain its rival. India is an independent country and not a close ally with western countries. It is also close with Russia. That's geopolitics. It refuses to condemn Russia's invasion of Ukraine. India has nothing to do with Afghanistan. You should check your geography. Perhaps, you meant Pakistan, another India's rival. There are no Asian giants outpacing India either. India sit at number 3 based on its GDP. Only China and Japan are larger than India.
@@JupiterAscending2 You are ignorant in that you prefer to follow the western propaganda with surface level rhetoric. The cut and throw policy in Afghanistan would have created a thunderball in central asia and south asia had Russia and China not intervened timely to help the new regime to stabilize the situation. What is the 3rd highest GDP that u are talking when GDP per capita is so low in India, which means that majority are still very poor, probably enslaved. The west is trying to pit India and China, probably this 2 countries have another plan other than being belligerent with each other outwardly but being together on many other facets. This is to hoodwink the western empire ie to procure all their help and being vigilant on the real motives. The whole world is with Russia at the moment but due to the possibility of sanctions their gov might have voted with the west or remained neutral. The west should be isolated to Europe, North Amrika and their other stolen colonies since history has proven that they are a diabolic belligerent race. Kindly read world history from the 16th century. The economic theory of today gives them an economic hegemony over the work, that is why there is a natural inclination to Brics. The Brics currency might include oil, gold , silver ,platinum etc depending on the agreement between member states. Countries are aware there is a resurgence in neo colonism and they do not want to be enslaved. . Probably Indians like you aspire desperately for green card and recite the mantra Amrika, Amrika, Amrika all day along which prevents any logical discourse with anyone with differing views. When you said that india has nothing to do with Afghanistan, means you do not have anything in depth about the consequences of Afghanistan being unstable. Non state actors will use it as platform to terrorize other neighbouring states which is what Amrika wants The west prospers when others are in chaos,this is the basic theory of capitalism, and to hide it they shout about 'freedom and democracy' which is actually ' enslavement and colonialism'. You better read a lot on the writings of Prof Jeffrey Sachs or Prof Richard Wolfs before being thrown into a protracted state of ignorance about the world. Saddeningly the upper, middle class, and the oligarchs of India have treated the majority poor Indians as slaves. There are ramifications for this ie a sudden revolt could emerge if they are organized. This has happened in France.
@@JupiterAscending2 Also at what point in history of mankind do you find more than 40 countries fighting against 1 country. It shows that the 1 country is powerful to withstand the so called " technological adavanced' machines of 40 industrial nations. On top of that full blown sanctions are applied. The world has seen it and they want to move away from the 'synagogue of satans' which is controlling the western empire.
So many variables makes it almost impossible to predict success or failure. Might as wellthrow darts!! Hence, so many opinions.
your statement barely made any sense.
Well said. There was once a chance for Euro to unseat the USD. They have similar characteristics as the US: all are democracies, follow rule of law and international law, transparency mostly stable economy, etc. Combined, the 27 EU countries has GDP that can challenge the US. They are also located next to each other geographically. Perfect for close co-operations among the member countries. However, getting 27 countries to work together proof to be very challenging. BRICS countries face even bigger challenges than the EU nations. It is impossible to succeed. At best they are just going to do bilateral trading in their own currencies. No problem. It is not going to affect USD or Euro.
@@JupiterAscending2 Sure dude, is that why the USD is plummeting. Lol
@@tepurangaheremaia Sure I keep my USD. You can keep on your Ruble and Peso Lol. The USD is not plummeting. You clearly chose a wrong source of information. Ignore those youtube channels who made bombastic claims. USD is free-floating and its value is determined by global market. It is normal for its value to go down or up a little bit. Nothing to be worry about. Only people who have zero knowledge of how the currency works in the global market believe that USD is plummeting.
A journey of a thousand miles begins with one step. That many countries are knocking at the door to enter shows the gathering momentum.
Sadly these are the same countries that don't realize they're being tricked by China of all people.
Time for change, failing or not😂
Time will tell :)
Not really
so India is the reason 😪
BRICS will fail !!
Bcos India is a double crosser US poodle 🐩 lapdog in the US led Quad against Russia and China and in BRICS together with Russia and China. India is a US Trojan horse to sabotage BRICS.
Definitely India is the reason. India is 2 faced.
Maybe not,that's why they trying to build bilateral negotiation especially in middle east, Africa and latin america.only d west want BRICS+ to fail,but No can do,bcoz energy supplying countries is start joining BRICS and d Frontline agreement is dedollarization.😇
Then they start arguing over litle details because those nations are incredibly different and have different goals each. Some don't even like each other
@@joaquimbarbosa896 maybe like Germany and Italy to d rest of d West even Japan partially lifted it's sanctions on Russia,but it doesn't mean they will not cooperative like BRICS+.that's why 🇵🇭 also must diversify it's foreign reserve currency or held as minimum dollar/Euro as possible.and that's why we agreed to be use are military bases by US in exchange for helping 🇵🇭 return Sabah by Malaysia if US wants to contain China in Philippine territory.😇👍
Brics will fail, mostly due to not being able to get along with each other. China wants control and power, including over Brics. If you doubt that, then you know nothing about China. There is no "We" in their thinking. There is only "US". India is NOT a good friend of China. Saudi is NOT a good friend of Iran. This group will DEFINITELY have a ton of in-fighting, as they will want THEIR goals first, and the rest second.
No one knows for sure, but there are several problems. I would say 2:
First : Chinese economy is collapsing .
Second : Many countries do not trust the Chinese dictatorship .
it was only a conception of a person in NEGATIVE
Thinking..preserve to be good and successful and it will be DONE..and will NOT FAIL..
A short and well thought of analysis. I like it 😎
Thanks :)
Your country Britain would qualify to join BRICS and this video is based purely on your sinister views.
"Sinister" only from YOUR viewpoint! Which does NOT include the rest of us!
@@dwanemarsh4378
It's Sinister
11 Reasons Why BRICS Will Fail
th-cam.com/video/BZVjZYd-fUc/w-d-xo.html
It’s the dying western propaganda at play. That all.
@@theonly6359 Something in common I guess. Western propaganda "dying", and Eastern propaganda NEVER telling the truth about anything!
i agree how can countries who are bankrupt or in dire positions really form a powerful block it will go nowhere.
Russia, Brazil and South Africa have performed very sluggishly in the last decade. India and China are the only ones really pushing BRICS into global relevancy at the moment :)
Regardless at least we are statrting something to avoid West's monopolar world and improve further from there
You act like you are doing something. You are an observer and nothing more.
@@Jasonthegreat78 as if you are doing something and did something.....lousy kid makng meaningless noise
You jokers do not seem to realize that the only constant in life is change. You do not want to accept that.
BRICS WILL SUCCEED FOOLS😂😂😂😂😂
BRICS will fail !!
Bcos India is a double crosser US poodle 🐩 lapdog in the US led Quad against Russia and China and in BRICS together with Russia and China. India is a US Trojan horse to sabotage BRICS
From : Singapore 🇸🇬
Like their corruption to the top
Brics is trying to create a bancor system for international trade. All countries using the system maintain there sovereign currency. The only reason brics might fail is cause of war with the USA. Every brics country has one thing incomon hate for the global reserve currency of today and how international trade is pegged to said currency. To understand what brics is doing look into Jon Maynard Keynes proposal at Breton woods.
India 🇮🇳 is probably the main factor for the possible fail or many even collapse for BRICS. China 🇨🇳 is a member & the biggest contributor to the alliance but India 🇮🇳 & China 🇨🇳 don't really get along that well, they do trade goods between each other but they each give the side eye to each other. China 🇨🇳 recently allied themselves to Pakistan 🇵🇰, India's 🇮🇳 #1 Rival & Enemy. India 🇮🇳 is also a close ally with the United States 🇺🇸 & seeks out support from them. India 🇮🇳 is already in a couple military alliances with the West & India 🇮🇳 is well one track to becoming a close Non-NATO ally. Brazil 🇧🇷 is also a big crack in their system because Brazil 🇧🇷 is allied with the United States 🇺🇸 & is also is in military alliances with the West. South Africa 🇿🇦 too. They're are allied with the West too.
Well they just surpassed the G7😂
Sheer population slave labor but most don’t pass 10,000 per capita
India is not stupid….China on the other hand
The cooperation among the BRICS has been a reality for some 25 years now. It's just now that other countries (and their 'analysts') have discovered this reality. During this period, for instance, Brazil external trading with China has turned the Chinese the most important economic partner of Brazil by a large amount. Trade between Brazil and China is twice as bigger as the trade with the EU, and almost three times the trade with the U.S. BTW the trading share of both the EU and the U.S. keep falling in Brazilian external trade. The amount of trade Brazil keeps with South and Central America is at the same level as the U.S.. During this period Brazil has also used fundings from the BRICS bank instead of the World Bank, and needed no money from the IMF. Another issue many people doesn't know is that cooperation on scientific research has been going stronger with China and Russia during this period, including the involvement of Brazilian researchers and students with Chinese and Russian universities during this period. Maybe for many who are acquainted with this situation it might be a surprise but the ties among the BRICS countries have been growing steadily through all these years.
BRICS has been a dream that will never happen. China is a failing system with the worst demographics in the world. They will collapse due to this. Plus they are completely reliant on the U.S. as a trade partner. They also make up 80 percent of the financial power of BRICS and they are authoritarian. They also are known to manipulate their money.
I completely disagree with your viewpoint.
what about this one :
11 Reasons Why BRICS Will Fail
th-cam.com/video/BZVjZYd-fUc/w-d-xo.html
BRICS will fail !!
Bcos India is a double crosser US poodle 🐩 lapdog in the US led Quad against Russia and China and in BRICS together with Russia and China. India is a US Trojan horse to sabotage BRICS.
BRICS has not yet set things in place. As of now it's too cloudy; waiting to see clear sky. I'm not in hurry to say a word on BRICS.
They will fail because some of them are enemies to one another 😂and Gold is the main issue of rising GDP
Start from feeding your own people and create money as exchange currency, no leadership no ego needed, aim on people's happiness by bringing more quality food and aim on what that countries should produce to their allies and sell it out with their bricks currency. Need to have balance from the poor to richest country who are part of that project.
This will not come to pass,i know most people refer to the china/ India impasse on the border issue. That's not the defining factor but a challenge. The BRICS has it's own agenda today. They don't need to agree on everything but on important areas that promote trade and support their economies. It's just the beginning,you haven't seen anything yet. People and so called experts can talk all they want. It want change anything.
I am from a BRICS country and what I do not want is to be a slave to the Chinese dictatorship
China heavily relies on countries they oppose and do does the other countries but China would have to change politically for any trust and partnerships to happen.
@@jrgingerninjaChina imports 80 percent of the goods they need. They are also in demographic collapse.
@@Jasonthegreat78 yeah I agree, due to one child policy they really messed up with that one. Most Chinese parents wanted a male to carry out their family's name. So if they were going to have a girl they would have aborted it. The working generation are not having children because they have the burden of looking after their parents that are too old to work or care for themselves. I love Chinese people I really do I just hope it gets fixed soon.
@@jrgingerninja I love everyone but the demographics can't be fixed. The rejuvenation of the working age children will take too long and the country can't sustain economically during this period. India will surpass China and will have better demographics for a long period allowing them to make great economic advancement. This is the problem with authoritarian regimes that do anything to maintain control. The hard pressed decisions they make affect the population. China has had not only the one child policy but also famines and severe economic inequality. The younger generation is also the most liberated China has ever seen. This will cause further decline in birth rates.
They don’t fail… they kill the us dollar…. People get rid of your dollars ,, soon this is worth notting 😂😂😂😂
You spit propaganda that's all.
This detail can solve all that problems:
"The BRICS Has Overtaken The G7 In Global GDP
The India-based Megh Updates platform, one of the world’s largest online informational platforms in terms of views, has stated that BRICS countries have officially overtaken G7 in share of world PPP GDP, and that this trend can be expected to continue.
The current BRICS five now contribute 31.5% of global GDP, while the G7 share has fallen to 30%. The BRICS is expected to contribute over 50% of global GDP by 2030, with the proposed enlargement almost certainly bringing that forward. China’s GDP actually overtook that of the United States in 2015 when comparing economies in purchasing parity terms."
And this too:
India and China will account for half of the global economic growth in 2023: IMF
It's too late Westie, the Jennie is out of the bag, the brics goes from strength to strength, and the dollar is collapsing.
"Strength to strength" he says, but we don't see it being used ANYWHERE except in a few countries who are pushing it as their OWN accepted trade. The rest of the world is watching and smiling. Let them use it between themselves. Who cares! What will their silly "demand" be? "You MUST use Brics currency for these transactions!" And the dollar countries will just say, "Uh, no! This is a DOLLAR transaction!" Then the Brics countries will say (so predictable), "Then you can't get this or that!" The reply will be the same. "Ok, then YOU can't get this or that, either!" And, since China is a huge exporter AND IMPORTER, they won't get the tech/parts/industry they need!
Please give examples as to how the dollar is collapsing. And credible references. You are speaking out of emotion instead of verifiable facts !
@@soulrebel2006 Facts! Tks for the common sense!
BRICS will fail !!
Bcos India is a double crosser US poodle 🐩 lapdog in the US led Quad against Russia and China and in BRICS together with Russia and China. India is a US Trojan horse to sabotage BRICS.
From : Singapore 🇸🇬
@@soulrebel2006 ----- Clowns like Sam 2014 don't even know that the dollar trades on an open market. It is child's play to see that in 2022 the dollar was crazy strong versus other tradeable currencies. To fit his goofy narrative he resorts to lying that the "dollar is collapsing". You can't make this stuff up.
BRICS IS AN IDEA WHOSE TIME HAS COME. it wont be easy, but When God is with us, who can defeat us ?????? 😊😊
BRICS is a failure before it starts. Any thoughts beyond this is a dream.
Lol that what the crusades, inquisition, and Japanese Said in ww2.
Which god? A Catholic (Brazil), Orthodox (Russia), Hindu (India), Buddhist (China) or Protestant (South Africa) one?
Propogenda has literal synonyms 😂
So Russia and China are not in G7?
Nope, the G7 contains, USA, Japan, Germany, UK, France, Canada, Italy. It used to be called the G8 (and the additional country was Russia) but it was removed from the group when Russia annexed Crimea in 2014
@@economicsinaction And how is China not a G7 country, in that case they should not call themselves G7
The G7 started in the 1970s. It wasn't originally all 7 nations we see today. But, at the time these 7 nations were the largest industrialized capitalist nations. Back in the 1970s China was a very different country and 100% was not considered a modern economy. However, rather than expanding the G7, the G20 was created instead to allow more members to join as well as allow countries with larger differences in ideology and governance to collaborate. I have a video about the G7 on my channel :)
While the US is already in decline and the dollar is loosing it's value,no one wants a paper which is not back by nothing,
American dollars is backed by Pokemon cards. It's very valuable. Please invest in American dollars.
Nope.
Your are absolutely wrong!
Yes you are right breaks fails
it has already failed. my country south africa joined in 2010 and things got worse. we do not even have electricity 12 hours a day now.
😮 is it true? Why don't you have electricity? I am shocked.
We must keep BRICS anyway for our goods. Not for NWO.
BRICS have a bigger population than g7 which translate into better economics and the share of GDP of G7 nations based on PPP, reduced from 50.42% of the World’s GDP in 1982 to 30.39% in 2022, the share of GDP of BRICS nations increased from 10.66% in 1982 to 31.59% in 2022.
Where did you study economics or demographics? You obviously are clueless.
Having a larger population does not automatically translate into better economics. In nominal terms per capita Uruguay is much richer than Argentina, Trinidad & Tobago is richer than Mexico. Even in non-per capita terms, Norway has a larger economy than Nigeria, the UAE has a larger economy than Egypt. Capital has be productive. In nominal terms the G7 remains larger than the BRICS, this will probably change in the future, perhaps in the early 2030s :)
This video isn't aging well
Ooh it fails cos it was once a subgroup of Nato😂😂😂😂
BRICS will fail !!
Bcos India is a double crosser US poodle 🐩 lapdog in the US led Quad against Russia and China and in BRICS together with Russia and China. India is a US Trojan horse to sabotage BRICS.
Even UN ( organ of four nations) will also fail!
BRICS: let's create a currency to use AMONG US, American experts 😳😳😳
Every Group have their interest,just started not now , maybe in another 5 to 10 years but no Fail
It will
Modi bribed by Chinese to join the Brics😊
Bruh
Good title for catching attention... I need to do one that is the opposite 😄
China uncensored also stated why chinas currency wotn rpelace the dolalr anytime soon on the count that chinas economy is going downhill and collapsing
It's a good point, I have a video I am working on to explain some of the difficulties BRICS will face with their common currency. Stay tuned and subscribe to see it :)
@@economicsinaction you think you can also make a video on why the CBDC will fail? cause ive been hearing that we dont have the infrastructure fr CBDC and that it will fail
China Uncensored isn't reliable news.
Lol
@@nightowl7261
Agree absolutely. China uncensored is a very biased, prejudiced, anti China channel.
From : Singapore 🇸🇬
@@jitwamee5173 Yes it is very Anti China. I believe it's CIA supported and funded by NED (National Endowment for Democracy) all aligned to the United Snakes of America Whitehouse. 😂
It won't fail, it will prevail.
@@deesus1085what a good dementia u have😂
Must be a Chinese bot
@@Jasonthegreat78
How a CNN moron comments on a simple fact "BRICS won't fail, it will prevail" hmmm "Must be a chinese bot" LOL...
Good point lol
@@Chesse_spell_bookBRICS countries are the most unequal countries on the planet hahaha. 😂😂😂
Form their own bank and own nations of unity like UN
India.. Will be kicked out in coming months, or next year max, its not in the interest of the group to keep this double faces element
Without india, brics will survive for sure
From next month, we will start hear lot of conflicts and arguments inside this group
People don't fully understand BRICS and to fully understand it. view it from a regional power basis thus meaning as all the core members are regional powers in their own regard and the aims of BRICS is to have a fairer global environment thus meaning one power shouldn't be able to dominate the world ie the USA and should respect other regions of the world. This regional point of view is best seen in how the ownership in these institutions is split as it is all split evenly amongst the BRICS members ie ownership of the New Development Bank each member owns 25% this does not disregard geopolitical interests of the member countries.
9.2k views, uhh... nice 👍
There are now 16 nations. Not 5
And yet, with ALL the Brics members, they control only about 16% of the worlds economy, with the Euro at around 20%, and the U.S. at a much larger 59%.
There are not 16 nations. References please ?
@@soulrebel2006 That Q will be answered in August.
Your comments are getting more likes that your documentary. That’s how BRICS will fail 😂
Brics can't work properly as C is a bit problematic and untrust worthy
BRICS will fail !!
India is a double crosser US poodle 🐩 lapdog in the US led Quad against Russia and China and in BRICS together with Russia and China. India is a US Trojan horse to sabotage BRICS.
India is worse. India is a double crosser in the US led Quad against Russia and China and in BRICS together with Russia and China.
4months later - over 40% of all petroil production is now under the BRICS which makes the arguments and entirety of this video a quite wrong prediction.
The BRICS grouping has always been meaningless.
Nothing new here, unless you watching this are among those who still haven't caught up to that obvious fact...
Of course this does not mean tat any individual member of the BRICS won't succeed itself, and the BRICS "grouping" isn't doing any harm to its members to my knowledge, so whatever...
why many country request to join BRICS..
Working on a video about it right now ! :)
Despite very clear differences in culture, religion and geopolitics BRICS represent something that it is missing today in the current system : fairness.
When it comes to it the differences tend to go away, though they still will remain; we are all equals, but not the same.
The trick, that has been clearly learned by the past systems, it is insure that if every member of a system is treated with respect for their needs, everyone will benefit.
Resources from impoverished nations traded keeping in mind their regional needs, will insure a steady supply of needed goods somewhere else.
This is exactly that is happening now when China, a very powerful country in the international scheme, is helping to develop the infrastructure of their trading partners, something that didn't happen before.
BRICS will only will fail if their members remain as corrupt as they have been for several generations.
Fairness in trade includes development in the entire world, something that is missing today, simply because the idea of keeping your trade partners poor to take advantage of what they can give at low cost, only enrich a few, which in turn makes your supplier dangerously unstable.
This new organisation shows that the world is ready for change an it is unstoppable.
Greetings from Toronto.
Okay
Brics will succeed.
Brasics will never faailed see
Europe America Even Japan and Canada 🖤♿♿🖤🦉♿♿
BRICS Will fail ? you are a practical joker ! !😂😂😂😂😂😂😂😂😂😂😂😂😂😂 ! etc ....
no,
PROPAGANDA
Pure propaganda
Twitter users would have been highly disappointed due to this video perhaps they are busy watching Chinese lore
Not when 85% of world selling their commodities in brics alternative currencies 😅
If they manage to agree on that
United States of America 🇺🇸 United States of Europe 🇪🇺 #1
Another propaganda by the scared West.
Not hardly, but please stay stupid.
So obvious.
Only time will tell😂😊
You don’t know what you talking bout 😂
BRICS will succeed. This is because other countries will join in and the infighting between China and India will be insignificant impaired to the larger BRICS purposes
Your 100% right. Other countries already joining with others very interested.
If you don't understand how deep they hate and distrust each other. Or how selfish both countries are....then you are blind to the impediments to their growth.
@@kelvinw.1384 Diplomacy here is a win win for both nations. NATO wants you yo be divided.
@district5198 yes but some countries are so inherently selfish they get in their own way. India for example and is why they are in 0 alliances and have no regional Allies. Plus it's about land also now a matter of pride and principal. So india and China will never be friends more or less mutual allies
@@kelvinw.1384 India and Chins will work out their differences. Economics will bring them together.
BRICS will fail at what exactly ? If they ARE, they don't fail, because being a group that cooperate on this or that level is an achievement enough at this point. Funny how countries are lining up to join... This was a pretty shallow 4 minutes pseudo-analysis in my opinion. So if BRICS doesn't reach "peak impact" nothing is possible ? Well you'll see the list of interested countries would dilute this India-China competition the video is relying on to grasp for relevance. And please note non-Western countries are able to comprehend partial opposition AND cooperation at the same time. * mind blown * p.s. I won't give any thumb down to this video because at least it's talking about an important subject.
Your reasoning my friend is terrible. In August Brics plus will emerge with more than 20 countries and back by two continents South America and Africa, really can you base the future of Brics on two countries really....Brics currency is the future🇿🇦 bye bye USA dollar game over
When the two countries in question make up 85%-90% of the BRICS' economy and population then yes, it is fundamental that both countries get on well for the BRICS to succeed. Without them the BRICS has just as much economic weight as California, a lot but not a superpower :)
It's just a matter of time. They will figure out the details. It appears most of the world is sick of America using the dollar as a weapon of mass destruction.
That would be an untrue statement as "most of the world" still supports the dollar. And, the BEST (not biggest) economies in the world are all tied to the dollar! There are a LOT of successful economies tied to the dollar, which means they CERTAINLY will not give it up for an unproven, untrustworthy scheme like Brics!
@@dwanemarsh4378 by you calling it. Unproven, untrustworthy scheme says a lot about you.
@@ezemack8662 For you to call it "proven and trustworthy", when it is not, say a lot about you, as well! How can any "new" currency be "proven"?, except thru time and use?
@@dwanemarsh4378 When did I call it proven and trustworthy
@@ezemack8662 IT speaks for itself, but I should not assume, as too many others do that already. Common sense tell s me that if you are calling me out for saying it is unproven and untrustworthy, and they saying it tells about me, shows that you are putting me into a "category" of your own making. You either agree or disagree. There is no real middle.
Sorry can't fail,just look will prosper.
Misleading video 🤔😐🤐
FUTURE IS IN BRICS➕
Euro did not fail so why would BRICS fail.
Bcos India is a double crosser in the US led Quad against Russia and China and in BRICS together with Russia and China. India is a US Trojan horse to sabotage BRICS.
Errata : SABOTEURS
Usa Hypocrits
I legit laught at these types of videos "why china will fail,why russia will fie due to danctions(1year on their economy growing more then hermanies) and so on its LAUGHABLE
Everyone else doesn't want to trade in their currencies which you can't use to buy toilet paper in Europe
You don’t have toilets for your People to go and have a poo ! What are you talking about 😂
Of course you can't, as the currency in most of Europe isn't the dollar, but the Euro. Guess what you can buy in the U.S., and the majority of the world, with Euro's? Nothing!
There graphs are not even predicted where are going Putin is so stupid and his fellow colleagues
@@dwanemarsh4378 Same way the usd is going before long you will use the usd for 💩paper to wipe your arse with. 😂😂
You guys will realise the real pain when opec countries will also join BRICS. So keep crying until then.
You mean g7🎉😂