What stood out for me this week was how BBC, CNN and aljazeera managed to not broadcast the 3 days BRICS summit where 60 heads of countries had gathered. That stood out for me. Just two days ago, the three stations broadcasted all day, the meeting of Joe Biden and president of south Korea and that of Japan. The whole day, they told us of the meeting of three people and failed to tell us of the entire world that was meeting in South Africa. That opened a new perspective for me about the west and western media, it was a new low.
Yes, what they accomplish? Nothing, sure the increased it membership and no trade agreements in fact. On the other America created NAFTA current America has put in 6 oil and gas pipelines into Mexico with another 3 oil and gas pipeline being built as we speak. But the American media will not talk about it. Right now America, Canada, and Mexico is 1/3 of entire world economy and CNBC will not tell you what is happening. But with BRICS nothing is happening many of the original BRICS members are now feuding with one another.
In fact, China has no oil and gas pipelines that is operation from Russia. India as no plans for any oil and gas pipelines from any country. And China shut down the BRICS bank where they said they will be no BRICS currency.
It just a photo op where countries don't do anything. Now the do pat themselves on the back and say they are going to challenge the G7 countries, but really do nothing to challenge them.
@@mandarinandthetenrings2201 , I don think BRICS is there to challenge the G7, I think they just want to sit and discuss matters that affect the global south and solve issues that affect the global south. China has been building a lot of infrastructure in the global south, almost singlehandedly industrializing the global south. With the BRICS bank, they are making strides to solve the financial issues for global south countries that do not meet the standards of the world bank and the IMF. There is many more things to talk about on the BRICS front,
Well it's time for the BRICS- New World Order to come up with a default reserve currency or simply go back to gold as the reserve. It will be too chaotic for each country to trade in their respective currencies with the daily change in exchange rates.
All big corps are just a cohort of centralised system working together, and any damage to one can have a dangerous ripple effect on every other one. I learned a long time ago to not trust corporations. Most of my money is in the stock market and my businesses. I keep only what I need to spend in my checking account.
I personally work with “Colleen Janie Towe, she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
@@LionTowercoporation She actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing. will do my due diligence. If She seem proficient. I write her an email and scheduled a phone call.
BRICS seeks to create a new currency, considering gold's historical role as a store of value and medium of exchange. However, the functionality and acceptance of a gold-backed currency in the current global financial system are uncertain. Creating a new currency requires careful consideration of economic, political, and logistical factors.
The discussions and proposals surrounding BRICS nations' potential use of gold are intriguing. People choose to buy gold for various reasons, such as its historical role as a store of value and medium of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolios due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance, and financial situation before deciding.
I find gold investment reliable and aim to buy more to recover losses. Silver is also a good investment but differs from my collectibles. Clear investment goals and education are crucial. I work with Catherine Morrison Evans, a SEC-regulated financial consultant. Starting with modest investments, I accumulated nearly $799k over time.
After locating her, I composed an email and arranged a phone conversation. I'm optimistic that she will reply, and my goal is to conclude 2023 on a financially successful note.
No need to stop and think why you got sanctioned right? Sure the US sucks but pretending this dysfunctional countries getting together to form a clan is far from good
The West uses sanctions to curb countries who try to circumvent the international rules they signed up for to avoid war, Russia has started an illegal war and China is threatening an illegal war, I think sanctions are a better idea than the alternative, perhaps you should think on that, also the military budget of the Wider West is far larger than the BRICS by several factors, the Wider West controls 70% of trade also!?!
@@thomasherrin6798 so who punish the west specifically the US when they do wrong lol ??? Who cares if the west have the biggest Guns or the richest countries. Brics is developing their own system. Who has the power to punish the United States??? Yes there's dictatorship but US is the global dictator lol they set the world rules and everything countries have to follow their rules except themselves lolol. Snowden and Julian Assange said???
Black, yellow,and white, people of different skin colors; Christianity, Hinduism, Islam,and Buddhism , people of different beliefs, unite today, to break imperialism, neo-colonialism, for human peace, freedom, equality and the future, let's begin people,to stand by them ,support them, encourage them, and bless them
Regrettably, the Western world, notably the United States, has chosen to employ economic might in order to enforce sanctions on those who disagree, leading to great hardship for countless innocent individuals. It is high time to redress the imbalance in currency dominance
as a Zimbabwean I can say I don't feel it's right that so many innocent people suffer for a man who's been dead for half a decade and we still have to pay for the crimes he's committed. We've been turned into a Pariah state because the US imposes heavy sanctions on us but if you look at the common people, they are good people and have done nothing wrong.
@@user-uk9cb9fs3i We want more like a balance.. Indeed neo colonial era was exploitative bt we can't replace it with more rigid, opaque, authoritarian, murderous, dubious world order which has no human rights and basic civil rights in their dictionary. Bad or good western political alignments has created a well fine balance of stability in many parts of the world..ofcourse exceptions do exist.
It means the Global South is pulling together to support each others' economic progress, and to assert the Global South's rightful interests. One of the most important first tasks is to render all US/Western sanctions on various countries toothless by building alternative financial mechanisms where Global South countries can trade with each other using non-dollars and non-Euros.
@@TacticalMayoTo those who thinks differently are those who lives in a country that is declining. BRICS will keep moving forward, the war mongers beating the war drum that committed war atrocities all over middle east, colonized the African continent and most part in Asia, will be diminish and the Western hegemony will walk to a dead. No more America 🇺🇸 bullying. Nato: NeoNAZI AngloSAXON Terrorist Organization. G7 aka Genocide 7 will all cripple to the ground.
This is great news for the world to be free and choose policies to better their countries interests rather than being forced to choose policies against their interests
@@SuhaibAbdirahman-q3tit is not about being under a system, in the end it is the mean by which we as a species progress and manage to organize. It is the method by which a lot of countries can take advantages of their benefits without having to deal with the globalized dollar currency and open many oportunities for economic growth. it is a big deal for everyone, as for also myself who is living in a southamerican country
There was a time when the West was scrambling around Africa, the Middle East, and Asia and they all had conflicting interests - but they came together for mutual benefit. BRICS countries can do the same.
Saudi Arabia & Iran are the big ones. Ethiopia & UAE lightweights. When Indonesia the World's Biggest Muslim country joins and BRICS can conceive a new WB, IMF, BIS & USD then it is a new dawn. Watching from Somalia!
@@100k-Maccassete No. I am backing BRICS. White people changed the narrative to fit us. White people are always gonna be the villains so long as we refuse to take accountability. We are responsible for Global Warming, Population Decline, hectic corruption of the Health Industry and economic and foreign government meddling etc.
Simple sentence is: US got nothing in their bargain chips while Brics got half the world in their bargaining chips NOW. Imagine half the world ignore the US and go about doing their own things and stop them from lies, cheats and bullying.
@@calvinblue894 russia and Iran create only war problems. Saudi Arabia, brazil argentina india side with the west. China wants to control brics to stop its decline. It won't be allowed. Empty shell
He asks a stupid question What is wrong with the IMF and the World Bank, The US exports toilet paper called the dollar and gets all the goods countries work hard to produce, that's what's wrong on top of that they using the toilet paper for sanctions, they thought the toilet paper is a necessity not a privilege,
@@skamarfire The majority of countries including Argentina don't export their toilet paper for trade, The US government keeps saying we always pay our debt, yes That's true because they print more, but other countries can't do that because they need the US toilet paper to pay their debt to do that they need to sell their assets real money to get the US toilet paper, it's a Ponzi scheme that favor the US
Joining strong countries with a huge future, such as the countries of Egypt, China, the UAE and South Africa, will create a global balance of power and a multi-control economy, and this is better for developing countries and emerging markets.
No, they haven't. China has, sure, but China's also in the position of benefiting from the usurpation of America's hegemony and it's inevitable leading role in (increasingly) reshaping global power relations. The rest of the BRICS, both the actual BRICS and these new admittees, have been structurally and systemically destabilized and underinvested in for the purpose of explicitly leaving them underdeveloped and beholden to America's asymmetrical military-industrial, security, and corporate apparatuses. The fact the BRICS is expanding is specifically so as to ensure these countries have a greater than zero chance of actually industrializing, modernizing, and escaping the shackle's of American and European imperialism, and actually becoming fully developed, fully industrialized countries (except, y'know, without "Westernization" being a prerequisite that places itself before the cart of industrialization). The three decades to come will see these countries truly emerge -- out from under America's heel and boot.
Hopefully by the time brics is fully formed america and the west will have saner, innocent minds in government and the peoples summit will have been a major thing.
Congratulations India 🇮🇳 from your neighbor Ethiopians 🇪🇹! It is about time how our nation will soon use it’s resources for its own citizens. India 🇮🇳 China 🇨🇳 Russia 🇷🇺 Ethiopia 🇪🇹 one of the oldest countries in the world 🌎 and Smartest people
They feed 200x more people than your entire little country genius. You need to stop watching European news and see Indian news to see what's happening in India.@@ismail-paine-de-circ
@@ismail-paine-de-circCalm down Bill gates. Many videos available in web shows progressive USA streets with feces and drugs with people burning and stealing everything. Most o f you don't know what gender you are or who the father is. May be you should fix your home before acting tough.🤡🤡
Just take a look at the internal problems here in the US right now! does not need BRICS for the west to eventually collapse! The next election here will probably be the beginning of the end of the country, as the country is so divided and it's just getting worse. I expect a civil war happening.
Brics is just a corruption scheme... the EU is well organized, developed civilizations... in Brazil an iletrate is now out of jail and president... lol...
I hope BRICS is not focusing too much on challenging western economy, but more like giving alternative. Face to face with western alliances will led to destruction of brics, but going slowly, like asean approach, will led to multipolar world, which is good for developing countries. Of course this proccess would take years, possibly decades.
No one cares about challenging western economy or their ideology or system or anything. It is about defending themselves from us and Western containment and coups and attacks and neo colonialism so that they can develop peacefully without being oppressed and exploited by West economically, militarily, technologically, ideologically etc. Purely defensive.
BRICS is not challenging anyone nor providing any alternative to anyone. It is simply pursuing its own right to power and self-interest like anyone else. Anyone who feels challenged by it should deal with their own chest pains on their own.
Western countries are dumb enough to destroy themselves no need for BRICS to do that, they are now even discussing which is a man or woman in their court, as well as alien invasions, also they prefer to place sanctions on their biggest oil provider and face inflation and energy crisis, MAYBE the aliens saw that and wants to kidnapp those 'idiots' human beings take them to another planet eliminate them from Planet Earth, and leave the intelligent human beings 😂
I agree. For now, it would put Argentina, Brazil, India and South Africa in a difficult situation. Unless we have a greater defense, like an international currency (not controlled by any country) and a UN Security Council that works for the security of countries (like the Xangai Coop. Organization), then we could think of other great plans. 👊
However challenging it can be for the BRICS + to get this great machine working appropriately the time has come to create a new world order! Viva BRICS+ to new innovations and building bridges that connect us on our own terms, to progress & development 👏💪🏾🙌
The Global South needs to start looking out for themselves and their people...stop allowing the Western countries to live off their backs and resources that belong to them.
B = BLOCK FOR THE R = REJUVENATION OF I = INCORRUPTIBLE C = CURRENCY S = SUSTAINABILITY This should be the meaning of BRICS not BRAZIL , RUSSIA , INDIA , CHINA , SOUTH AFRICA now that they have new members
If you want to counter USA and west dominant, if you have these oil rich countries,so you controll the economic growth,and development, USA and Canada Hase oil ,but Europe going to be finished
@@Shockwave-KG turkey isn't needed because they aren't resource rich, neither geopolitically important nor militarily strong and also not economically strong, there is no sense to add it, moreover as has been seen in the past, any group with turkey in it starts lagging, because turkey punches above its weight for things
They applied already and are on the waiting list. Will probably be admitted into BRICS+ in the future if they do the right things and show they deserve to be part of BRICS and they want it enough.
It's absolutely true that combining factor for these nations is the soft or hard persecution for years or ages. West, USA in perticular, should act to change that situation. Removing sanctions from Russia and stop using USD as a weapon will be a good start.
ROFL! Dude tried six ways from Sunday to get his panel to throw shade at BRICS - the group and the individual countries. Good on them for smacking him down at every turn. Love it!
A bigger BRICS means more disagreement, more ideologies and more divide because everyone wants his country first. Best option work hard and make your country economically rich and that needs a stable government and tolerance.
Brics ideology is to not be ideological in that way and not to interfere in other countries domestic issues or system. Yes brics does not mean realpolitik or self interest for countries is thrown away. That is just stating the obvious. Brics wouldn't be needed but west keeps attacking and throwing to overthrow and sanction others who just want to do what you said. Work hard and develop. That's what China and global South doing. But usa sees it as a threat and so countries need to group together to defend. How can you work hard and develop if you can't defend against USA and west colonizing you? You can but it is waste of time. Better to defend with China and BRICS helping you, not just by yourself.
It means BRICS will overtake UN. BRICS reliant on it's resources and equality & fair trade amongst the member nations. They believe in strengthening their national currencies and betterment of their citizens
In my opinion Africa should cut ties with the west if it wants to achieve its potential. Yes it would be difficult initially, but it is achievable in the long run
@@timothylee2772No not Africa,Northen African countries mainly ECOWAS 😂😂don't involve us with those group..Southern Africa countries are shifting from the West.
18:20 “BRICS members having in common in colonialization” you neglected to mention a notable exception: Russia which is not a victim, but the most notorious imperialism. China knows it too well but pretends it’s not an issue to settle, for now.
Tell that to the Irakees 😅 or the Palestinas, who is the most imperialisme State I think, Franse, Spain,Portugal, Netherlands, belgium, Germany, Italië.
@@NajqkKakaja Some little known history, depending on who you talk to, China lost between 900,000 to 1,500,000 km2 territories to Russian imperialism. That is between 1.5x to 2.5x of entire Ukraine.
What do they think about countries less fortunate than them ? To be there slaves for there rest of tgere lives ? That's the west mentality , Europeans also..
Oh really! Then why impose carbon tax?? When west released highest carbon in their developing phase , isn't that hypocrisy of west ?? Or suddenly they pretend that they care about the world?? Either way they failed to save anyone
@@moenierbenjamin9733do you enslave them? Do you not watch where you buy things from? I certainly let do. If you’re French then feel as you do about your country.
They are dictators if you don't serve them they bomb you and turn the world against you with propaganda information and media platform, they don't allow anyone to archive economically they see you as a competition and impose useless sanctions like chips in china. They insert themselves in every border that has something to benefit them. They colonise countries
are you not watching how ujraine ang nato weaponry hammered russia? putin is scard to his pants that a coup may erupt and he has no country to return. china and russia at brics is like mousiline and hitler exchanging cheese and sausages.
Egypt, Argentina, Brazil and Ethiopia….. wants foreign investment at any cost…. and China will provide them… it’s no brainier how China will encash its leverage as an hefty investor to influence…. The Brics partners !! I assume India , will hardly continue and keep along with this status…. and ultimately leave BRICS within a few year to avoid China’s hegemony and China wants this as well for quite a long time !!
India will not leave BRICS, has it will decrease India's leverage to negotiate with other countries in the grouping also many nation like India would try to limit geopolitical goal of China including Brazil, south Africa.
You don’t know what india has done in past with their deplomacy . Wait and watch . In next 4 years india will ne 3 rd largest economy and in past during Cold War era india was very good friend with Soviet and also with USA . So you don’t know anything about india ,apart from Hate towards people of India .
india and china main issue is the border, they are resolving it now. in brics every one on the same level regarless of country size or power. this is what make brics attractive to so many country want to join
@@cleitonhsswhat you are talking about all these countries helped india in time of need except USA. USA should not be in the list for sure i agree with you on this
These guys are the under dogs of the world, they deserve so much respect. Especially Africa, for all of history they have been oppressed and colonized, they deserve a chance to win
A brand new BRICS currency is too challenging for such a group with no cohesiveness. Ask EU how hard they did with EURO. In reality, it is about trading with mutual currencies without risk on a third party like dollar. However, in further reality, most these members have their largest trade portion with China. So for them, it is about currency negotiation with RMB.
@@buildmotosykletist1987 if G20 is so united and Germany wanted to invite china to the AI summit in Germany why Japan refused to agree??? You can't even call a spade for a spade what argument do you want 😂🤔😂. Just stick to your western thinking and let us Asians and the global south do the walking lol. Successful or not it's our business not yours 😂🤔😂
The only problem I see is I know what a dollar and a Euro looks like but I have no idea what brics money is or looks. There essential starting a financial bloc then creating a world popular currency instead of comming together to support a popular existing currency. This will be very big challeng for them. To challenge the US dollar is a crazy big task. Many have tried but the stability and success of the dollar is very hard to replicate.
As far as I'm concern,that this kind of the global summit it wouldn't be for businesses purposes or political discussion,I think it could be going forward away. For example:an alliance with countries from the Horn of Africa or a together cooperation non-profit in the light of to sort out the largest issue the world's today the starvation. And these affairs from worldwide leaders' they haven't had focus about it and turn it into just one speech void and hopeless from the political' upper class.
The horn of Africa (Ethiopia) becoming full member is for political and business reasons not charity. Ethiopia is the African Union hq and UN ECA Hq, founder of UN (although betrayed time and again by it) and is a major force that fought colonialism globally and is paying the price for it even now. Don't believe everything you hear about Ethiopia, defamation and sanctions are part of the agenda. It has vast untapped resources too.
@@d.j.94 Looking about the perspective social and econonic some countries from African remains in the limb of poverty. Keeping on shadow of the modern coloniasm that has been produced by capitalism system. These countries still chaineds by historic tices of submission and depravation on the superpowers come from the West. Nevertheless the African Union alone don't get to set free all those countries from the extrem misery;if not there is internacional cooperation get together with the developing countries to engagement. As in the future after had been done all this work of capacity and structural improving at skeleton's power and social;this part of Africa will be walking by itself legs and achieving the progress at all.
@@diegodiniz3628 It is a step in the right direction, they announced that there will be other expansion phases to include more countries. Remember western countries like France applied but were denied membership. This bloc is about excluding the colonialists and trading resources fairly, the poverty reduction will come naturally.
@@d.j.94 Thank you for sharing your thoughts with me,I really like it. We have to thinking about Africa like an ocean of possibilities,and make- believe people that a restauration is possible as well. I believe that for Africa it does necessary a program to a long term in order to solve the unequality and incoming's distribution amongst people;it must be done as the first one. A worldwide public programme should be make to supply it,like a foundation aim at to this purpose. Unfortunately big part of the world,and especially developing countries they haven't seen it,or trying to blank out the problems around.
BRICS currency is to replace the free printing Fiat money, i.e. USD, UK pounds, Euro, Yen, Yuan, Rupee, etc. as the global trade currency. It will be based on each country's commodity, proven reserves and products. It may be based on 1 gram of gold, say Gold Gram, GG, upon issuance by the BRICS main counsel in a digital form. There will be representatives of BRICS counsel in each member country. Then the local government will provide bases of commodities, reserves, products, produces, etc. physically tradable items, in a digital networks which connect the BRICS counsel, local major companies / business, and government. So each member country will be tagged as owning X amount of GG on the day it join the BRICS trade networks. Daily changes, computing and verification's will be done through the digital networks. GG will ONLY be used in global trades, local currency still being used by the people locally. If the local printer created too much local Fiat money, but only have limited amount of certified GG, then it chokes itself by NOT be able to export or import. 🧐🤔🤨😉😎
Many haters are doubting BRICS. Instead of watching videos about how great their country is, and commenting about the positives of their country, here they are in videos about BRICS commenting hate. 😂😂😂
India gives some food aid to other countries. The other BRICS members do not. The developed countries feed hundreds of million every year- they’re less selfish even accounting for wealth differences.
They pay a price for that in oil, resources, or business contracts, or geo relations. The USA has been stripping African countries of natural resources for decades in exchange for aid...it's part of keeping a whole nation poor by making them dependent while never teaching them how to fish for themselves. China is actually trying to balance things out so let's see how the future goes.
@@sew_gal7340Yes I agree but I think that's just the nature of the two groups of people. Asians are usually conservative, resourceful people who try to help good natured for the most part. American whites historically have been very evil, violent, hateful and exploitive. So not surprised by this move. I figured it was only a matter of time. "The enemy of my enemy is my friend"
@@sew_gal7340 Africa is no longer a cash machine for the west. They're standing tall with the help from China on infrastructure, mining, agriculture, healthcare, education and development. The next growth is from Africa.
They feed the people scraps after they steal all of the wealth (minerals) for the use of their nations. Thank God for BRICS> It's time fo a new world order.
Good question Nick: "can BRICS reshape world's political and economic architecture ?". I am afraid that first BRICS has to demonstrate that it can STIMULATE trade between members, second; that trading can be effected without the use (directly or indirectly) of US dollars. If these two premises are fulfilled, I think that it is certainly possible. For start, it is clear that member's political systems are not an issue at all, and this is, perhaps, the BEST OMEN... If BRICS does not work, something else will be invented because this is a GLOBAL IRREVERSIBLE TREND, a BRICK or a BRICKLESS world is solidly evolving towards MULTIPOLARITY, the best proof is Guterres getting nervous and complaining at the utter irrelevance of the New York based UN LOL.
Both BRICS and € came to existence around 2000s. Today, € is recognized but BRICS isn't. It's been 20 years and still BRICS has no foundation. I don't see any value that comes with BRICS apart from adding countries. I think this is just another propaganda China and Russia love doing to make themselves look important. Which currency are they going to use? Will the Saudi Arabia and UAE agree to devalue their currency or maintain their currency like the way UK did? When it comes to environmental protection, every country has to do their part. Let's stop blaming others for our wrong decision. In conclusion, BRICS is formed to blame others for their problems, not provide solutions.
@@lawlietl-6836 BRICS and € are in the same age group, however € is already established and proved to be strong. Which basics can one possibly not understand? The only sensible thing you've uttered is that, BRICS is a story. Stories never come to life but remain pigment of imagination forever.
@@rishabhsingh6023 it looks like you have no clue about economics. More countries does not mean your sanctions can be effective. This is all wishful thinking.
@@eng.reagan9540 You know that if a currency is eventually created in the BRICS you won't see people using it to pay for a coffee at the gas station, right? Aren't you that innocent, please? You are opining with your prejudice and ignorance, try to put the first aside and refine the second with study. it will help you
I can be enemies with my neighbor but still recognize that there is a bigger bully who lives across the pond that has the ability to eat our lunch...so despite not like one another we can agree to work together to keep that big bully out.
Itd be great for NATO to challenge the status quo. With a counterpart for duality in the form of U.N. The challenge is open to all comers; you see. Known as an Open Challenge it is intended to improve the moral character of the world. The format is hereto provided for in the form of H.E.M.I.
What stood out for me this week was how BBC, CNN and aljazeera managed to not broadcast the 3 days BRICS summit where 60 heads of countries had gathered. That stood out for me. Just two days ago, the three stations broadcasted all day, the meeting of Joe Biden and president of south Korea and that of Japan. The whole day, they told us of the meeting of three people and failed to tell us of the entire world that was meeting in South Africa. That opened a new perspective for me about the west and western media, it was a new low.
Yes, what they accomplish? Nothing, sure the increased it membership and no trade agreements in fact. On the other America created NAFTA current America has put in 6 oil and gas pipelines into Mexico with another 3 oil and gas pipeline being built as we speak. But the American media will not talk about it. Right now America, Canada, and Mexico is 1/3 of entire world economy and CNBC will not tell you what is happening. But with BRICS nothing is happening many of the original BRICS members are now feuding with one another.
In fact, China has no oil and gas pipelines that is operation from Russia. India as no plans for any oil and gas pipelines from any country. And China shut down the BRICS bank where they said they will be no BRICS currency.
It just a photo op where countries don't do anything. Now the do pat themselves on the back and say they are going to challenge the G7 countries, but really do nothing to challenge them.
@@mandarinandthetenrings2201 , I don think BRICS is there to challenge the G7, I think they just want to sit and discuss matters that affect the global south and solve issues that affect the global south. China has been building a lot of infrastructure in the global south, almost singlehandedly industrializing the global south. With the BRICS bank, they are making strides to solve the financial issues for global south countries that do not meet the standards of the world bank and the IMF. There is many more things to talk about on the BRICS front,
yes that means everything you thought you knew before finding your information on TH-cam has been heavily biased
Well it's time for the BRICS- New World Order to come up with a default reserve currency or simply go back to gold as the reserve. It will be too chaotic for each country to trade in their respective currencies with the daily change in exchange rates.
All big corps are just a cohort of centralised system working together, and any damage to one can have a dangerous ripple effect on every other one. I learned a long time ago to not trust corporations. Most of my money is in the stock market and my businesses. I keep only what I need to spend in my checking account.
@@LionTowercoporation How can I reach this advisor of yours? because I'm seeking for a more effective investment approach on my savings
I personally work with “Colleen Janie Towe, she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
@@LionTowercoporation She actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing. will do my due diligence. If She seem proficient. I write her an email and scheduled a phone call.
Brics can always held food since 3 of the major producers are on the list.
BRICS seeks to create a new currency, considering gold's historical role as a store of value and medium of exchange. However, the functionality and acceptance of a gold-backed currency in the current global financial system are uncertain. Creating a new currency requires careful consideration of economic, political, and logistical factors.
The discussions and proposals surrounding BRICS nations' potential use of gold are intriguing. People choose to buy gold for various reasons, such as its historical role as a store of value and medium of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolios due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance, and financial situation before deciding.
I find gold investment reliable and aim to buy more to recover losses. Silver is also a good investment but differs from my collectibles. Clear investment goals and education are crucial. I work with Catherine Morrison Evans, a SEC-regulated financial consultant. Starting with modest investments, I accumulated nearly $799k over time.
How can i reach her, because I’m seeking for a more effective investment approach on my saving.
Catherine Morrison Evans maintains an online presence that can be easily found through a simple search of her name on the internet.
After locating her, I composed an email and arranged a phone conversation. I'm optimistic that she will reply, and my goal is to conclude 2023 on a financially successful note.
It is not Anti West, It's anti bully and anti exploitation using the SWIFT financial system from the US and the West.
anti sanction
No need to stop and think why you got sanctioned right? Sure the US sucks but pretending this dysfunctional countries getting together to form a clan is far from good
The West uses sanctions to curb countries who try to circumvent the international rules they signed up for to avoid war, Russia has started an illegal war and China is threatening an illegal war, I think sanctions are a better idea than the alternative, perhaps you should think on that, also the military budget of the Wider West is far larger than the BRICS by several factors, the Wider West controls 70% of trade also!?!
@@thomasherrin6798 so who punish the west specifically the US when they do wrong lol ??? Who cares if the west have the biggest Guns or the richest countries.
Brics is developing their own system.
Who has the power to punish the United States??? Yes there's dictatorship but
US is the global dictator lol they set the world rules and everything countries have to follow their rules except themselves lolol.
Snowden and Julian Assange said???
@@thomasherrin6798 it's not the west it's the united States that sanctions and the rest just following orders lol
Black, yellow,and white, people of different skin colors; Christianity, Hinduism, Islam,and Buddhism , people of different beliefs, unite today, to break imperialism, neo-colonialism, for human peace, freedom, equality and the future, let's begin people,to stand by them ,support them, encourage them, and bless them
Great words indeed
These words mean nothing. There is no concrete purpose or plan for bricks
@@randomguy3496 they plan to expand farther 🤔 they probably will be pouring plenty of concrete 😂 for expansion lol
@@randomguy3496 if they don't have a purpose they won't exist lol
This has nothing to do wit all this is just a group
Regrettably, the Western world, notably the United States, has chosen to employ economic might in order to enforce sanctions on those who disagree, leading to great hardship for countless innocent individuals. It is high time to redress the imbalance in currency dominance
Maybe you won't have to worry about future sanctions being used when some despicable tyrant enslaves your pathetic brainwashed civilization...
Agreement means saying, it's okay for Russia to do to Ukraine what Boers and Britishers did to ZA?
@@meilinchan7314no, agreement means that when Russia spends 20 years asking not to expand your military alliance to its borders you don't ignore it.
as a Zimbabwean I can say I don't feel it's right that so many innocent people suffer for a man who's been dead for half a decade and we still have to pay for the crimes he's committed. We've been turned into a Pariah state because the US imposes heavy sanctions on us but if you look at the common people, they are good people and have done nothing wrong.
@@user-uk9cb9fs3i We want more like a balance.. Indeed neo colonial era was exploitative bt we can't replace it with more rigid, opaque, authoritarian, murderous, dubious world order which has no human rights and basic civil rights in their dictionary.
Bad or good western political alignments has created a well fine balance of stability in many parts of the world..ofcourse exceptions do exist.
It means the Global South is pulling together to support each others' economic progress, and to assert the Global South's rightful interests. One of the most important first tasks is to render all US/Western sanctions on various countries toothless by building alternative financial mechanisms where Global South countries can trade with each other using non-dollars and non-Euros.
Really doesn't mean anything.
@@TacticalMayoTo those who thinks differently are those who lives in a country that is declining. BRICS will keep moving forward, the war mongers beating the war drum that committed war atrocities all over middle east, colonized the African continent and most part in Asia, will be diminish and the Western hegemony will walk to a dead. No more America 🇺🇸 bullying. Nato: NeoNAZI AngloSAXON Terrorist Organization. G7 aka Genocide 7 will all cripple to the ground.
@@TacticalMayo Do you take them as humans and nations or not?haha, doesn't mean anything .
It means more corruption, all those countries are corrupt... this is not the EU lol@@avbhinaya
@TacticalMayo We meet again nsa bot mayo
This is great news for the world to be free and choose policies to better their countries interests rather than being forced to choose policies against their interests
....the world to be free...lol which world is this?😂
A word without the modern day colonialists
Means nothing when citizens have no rights.
Just getting out of control to another control.. you will always be under some control
@@SuhaibAbdirahman-q3tit is not about being under a system, in the end it is the mean by which we as a species progress and manage to organize. It is the method by which a lot of countries can take advantages of their benefits without having to deal with the globalized dollar currency and open many oportunities for economic growth. it is a big deal for everyone, as for also myself who is living in a southamerican country
There was a time when the West was scrambling around Africa, the Middle East, and Asia and they all had conflicting interests - but they came together for mutual benefit. BRICS countries can do the same.
@@clauchinaski Yes, you're quite right. In some cases, the West started even earlier with Latin America.
@@clauchinaskiwe would love to have latin American countries to come onboard...love from India
@@vishnunarayan8850 Unfortunately, Indian officials are making the vast majority of Indians look bad
Saudi Arabia & Iran are the big ones.
Ethiopia & UAE lightweights.
When Indonesia the World's Biggest Muslim country joins and BRICS can conceive a new WB, IMF, BIS & USD then it is a new dawn. Watching from Somalia!
Argentina and iran arr failed
i spadnie na was niewyobrażalna nędza .
@@apb2081 Not like Ukraine
As indonesian we are pretty much liberals and our country is secular!
Nope we already joined OECD! no thanks!
Long Live BRICS+SIX! The new hope of the world for eonomic survival.❤❤❤
i like the way that sounds
Brics is junk 👎
Bad hope LUCRATIVE for china and russia ..selling weapon to africa
Shut up... those are all corrupt regimes, mixed with communist dictatorships... dumba**
Yes the end bullying Asia
West is against these countries, not these countries against West.. please change your language
BS 💩
It's all about corporate amerikka, but poor still stay poor, sadly.
Actually it definitely works both ways!
This one is really diverse. All religions and all
Colors ❤
And just like movies today, make the white man (USA) the villain.
@@williampearson6299put your statement the other way round _ it will make better sense
@@100k-Maccassete No. I am backing BRICS. White people changed the narrative to fit us. White people are always gonna be the villains so long as we refuse to take accountability. We are responsible for Global Warming, Population Decline, hectic corruption of the Health Industry and economic and foreign government meddling etc.
Simple sentence is: US got nothing in their bargain chips while Brics got half the world in their bargaining chips NOW. Imagine half the world ignore the US and go about doing their own things and stop them from lies, cheats and bullying.
You are a pathetic propaganda junkie
this is why the west is worry, these brics country will never fall in to Usa bully/sanction ect
BRICS plus will bring a bright and peaceful future to the world ✊🏿
😂😂😂😂😂😂😂😂😂 bright and peaceful loooool with russia and Iran and failed argentina ????? Looooooool
@@apb2081 They don't have War records like your favourite G7 countries
@@calvinblue894 russia is plenty of war records. You are funny
@@apb2081 Just Russia only..But your G7, US, Uk, France, Germany, Japan, Italy, Canada..
See the comparison..you are running away from the obvious
@@calvinblue894 russia and Iran create only war problems. Saudi Arabia, brazil argentina india side with the west. China wants to control brics to stop its decline. It won't be allowed. Empty shell
A better world
With a communist ideology... not going to happen
He asks a stupid question What is wrong with the IMF and the World Bank, The US exports toilet paper called the dollar and gets all the goods countries work hard to produce, that's what's wrong on top of that they using the toilet paper for sanctions, they thought the toilet paper is a necessity not a privilege,
Keep dreaming 🤣
All fiat money is toilet paper... but accepting argentinian toilet paper is reaching a new low
@@skamarfire The majority of countries including Argentina don't export their toilet paper for trade, The US government keeps saying we always pay our debt, yes That's true because they print more, but other countries can't do that because they need the US toilet paper to pay their debt to do that they need to sell their assets real money to get the US toilet paper, it's a Ponzi scheme that favor the US
Joining strong countries with a huge future, such as the countries of Egypt, China, the UAE and South Africa, will create a global balance of power and a multi-control economy, and this is better for developing countries and emerging markets.
Your words mean absolutely nothing. There is nothing concrete other than a loose cooperation
@@randomguy3496 sound bitter
@@randomguy3496Looks like your having chest pains 😂😂Cry more boy
@@randomguy3496 gotta start somewhere for anything to work lol
Not enough for now until more power house join them
Emerging markets? These countries have already emerged.
No, they haven't. China has, sure, but China's also in the position of benefiting from the usurpation of America's hegemony and it's inevitable leading role in (increasingly) reshaping global power relations. The rest of the BRICS, both the actual BRICS and these new admittees, have been structurally and systemically destabilized and underinvested in for the purpose of explicitly leaving them underdeveloped and beholden to America's asymmetrical military-industrial, security, and corporate apparatuses. The fact the BRICS is expanding is specifically so as to ensure these countries have a greater than zero chance of actually industrializing, modernizing, and escaping the shackle's of American and European imperialism, and actually becoming fully developed, fully industrialized countries (except, y'know, without "Westernization" being a prerequisite that places itself before the cart of industrialization).
The three decades to come will see these countries truly emerge -- out from under America's heel and boot.
One road, one economic belt, connect the world - what a concept!
Cooperation based on the principles of the large and diverse city of Shanghai-an awesome concept!
A crumbling concept. Even the CCP admits the B&R is failing.
Hope they won’t change the name; name has swag in it
It’ll be changed to inclusive development bloc.
new name is BRICS++
Love n support from Bangladesh 🇧🇩🇧🇩🇧🇩🇧🇩❤❤❤❤
Ben Aris does an excellent job articulating the 19th Century colonialist perspective on thi contemporary event. Bravo, Ben!
A more inclusive world by the participation of more diverse countries in global governance. A multipolar world with multipolar Asia is the aim.
I laugh such notions Indian. You are feuding with Russia and China and any and I mean any proposal that China make India opposes.
@@mandarinandthetenrings2201 you forget India like any other big nation have diversify view and aspirations. Human are built to learn from mistakes.
Yeah that's not going to happen.
Hopefully by the time brics is fully formed america and the west will have saner, innocent minds in government and the peoples summit will have been a major thing.
@@lawrencemorris2261 you will get a nuclear war trying to change the global order the United States has created.
Go Brics..... for better world with respect
Al Jazeera became such a tool in recent years
Thank you Einar Tangen for untwisting western media false narratives, as well as adding clarity to the geopolitical reality.
Einar Tangen is my favorite analyst.
BRICS is the future 🇨🇳🇮🇳🇧🇷🇷🇺🇿🇦🇸🇦🇦🇪🇪🇬🇮🇷🇦🇷and BRICS is winning🤝.Most importantly BRICS is for Humanity and common development 🇨🇳🇮🇳🇧🇷🇷🇺🇸🇦🤝👍.
Great analysis
Brics 😂😂😂 boycot china greedy russia Invader
good soccer countries includes , please help China with their poor soccer record
@@yehenry2281its football*
Thank you.. I've been trying to get the new BRICS members named. I like to back my facts up.
I believe it won’t be decades , This is going to move extremely fast …
This is going to be BIG
Congratulations India 🇮🇳 from your neighbor Ethiopians 🇪🇹! It is about time how our nation will soon use it’s resources for its own citizens. India 🇮🇳 China 🇨🇳 Russia 🇷🇺 Ethiopia 🇪🇹 one of the oldest countries in the world 🌎 and Smartest people
funny how they can't feed themselves but dreams about changing the world order 😅😂😂 in 20 years they did nothing but only empty words! 😅😂
They feed 200x more people than your entire little country genius. You need to stop watching European news and see Indian news to see what's happening in India.@@ismail-paine-de-circ
@@ismail-paine-de-circCalm down Bill gates. Many videos available in web shows progressive USA streets with feces and drugs with people burning and stealing everything.
Most o f you don't know what gender you are or who the father is.
May be you should fix your home before acting tough.🤡🤡
LMAO!
Time for the western colonizers to collaps😂😂😂
No it is the opposite, Egypt has special trading privileges with United States of America and they don't share it with you.
Just take a look at the internal problems here in the US right now! does not need BRICS for the west to eventually collapse! The next election here will probably be the beginning of the end of the country, as the country is so divided and it's just getting worse. I expect a civil war happening.
Brics is an empty shell. Russia is collapsing china in decline argentina failed
west collapse the whole world collapse. don't ne naïve.
Brics is just a corruption scheme... the EU is well organized, developed civilizations... in Brazil an iletrate is now out of jail and president... lol...
I hope BRICS is not focusing too much on challenging western economy, but more like giving alternative. Face to face with western alliances will led to destruction of brics, but going slowly, like asean approach, will led to multipolar world, which is good for developing countries.
Of course this proccess would take years, possibly decades.
No one cares about challenging western economy or their ideology or system or anything. It is about defending themselves from us and Western containment and coups and attacks and neo colonialism so that they can develop peacefully without being oppressed and exploited by West economically, militarily, technologically, ideologically etc. Purely defensive.
BRICS is not challenging anyone nor providing any alternative to anyone. It is simply pursuing its own right to power and self-interest like anyone else. Anyone who feels challenged by it should deal with their own chest pains on their own.
Western countries are dumb enough to destroy themselves no need for BRICS to do that, they are now even discussing which is a man or woman in their court, as well as alien invasions, also they prefer to place sanctions on their biggest oil provider and face inflation and energy crisis, MAYBE the aliens saw that and wants to kidnapp those 'idiots' human beings take them to another planet eliminate them from Planet Earth, and leave the intelligent human beings 😂
I agree. For now, it would put Argentina, Brazil, India and South Africa in a difficult situation. Unless we have a greater defense, like an international currency (not controlled by any country) and a UN Security Council that works for the security of countries (like the Xangai Coop. Organization), then we could think of other great plans. 👊
Russia will be a reliable source of food for Africa 🌍
However challenging it can be for the BRICS + to get this great machine working appropriately the time has come to create a new world order! Viva BRICS+ to new innovations and building bridges that connect us on our own terms, to progress & development 👏💪🏾🙌
How will BRICS change anything ?
The Global South needs to start looking out for themselves and their people...stop allowing the Western countries to live off their backs and resources that belong to them.
the audio is messed up it is only going into my left ear on this specific recording.
Great discussion , thanks Al Jazeera team for informative video. 🙏
Just to be clear I'm upvoting this because of the excellent guests, not the ignorant host nor the propaganderised channel.
B = BLOCK FOR THE
R = REJUVENATION OF
I = INCORRUPTIBLE
C = CURRENCY
S = SUSTAINABILITY
This should be the meaning of BRICS not BRAZIL , RUSSIA , INDIA , CHINA , SOUTH AFRICA now that they have new members
that a bit of a mouth full, just leave it as Brics or Brics+
I = INCORRUPTIBLE 🤣S = SUSTAINABILITY🤣 Thanks, you floored me.
Very rare, in one interview, three truth tellers and not even one liar and western propagandist.
Well done, AJ.
I think BRIC'S should invite Venezuela Nigeria ,and Algeria turkey, Indonesia
If you want to counter USA and west dominant, if you have these oil rich countries,so you controll the economic growth,and development, USA and Canada Hase oil ,but Europe going to be finished
Especially turkey in my opinion, us dollar is so expensive over there, it will make a huge impact for them to join brics.
Indonesia, Nigeria may be invited in future , but had a doubt regarding Venezuela, turkey though Algeria could be invited.
@@Shockwave-KG turkey isn't needed because they aren't resource rich, neither geopolitically important nor militarily strong and also not economically strong, there is no sense to add it, moreover as has been seen in the past, any group with turkey in it starts lagging, because turkey punches above its weight for things
They applied already and are on the waiting list. Will probably be admitted into BRICS+ in the future if they do the right things and show they deserve to be part of BRICS and they want it enough.
It's absolutely true that combining factor for these nations is the soft or hard persecution for years or ages. West, USA in perticular, should act to change that situation. Removing sanctions from Russia and stop using USD as a weapon will be a good start.
ROFL! Dude tried six ways from Sunday to get his panel to throw shade at BRICS - the group and the individual countries. Good on them for smacking him down at every turn. Love it!
Who tried?
@@nickname2729The presenter. Did you not hear the panelists pushing back on his baiting questions?
This will relieve the west from the huge donor aid burden particularly in Africa
Just as much as it will relieve those countries of resource exploitation by your f*cking west
A bigger BRICS means more disagreement, more ideologies and more divide because everyone wants his country first. Best option work hard and make your country economically rich and that needs a stable government and tolerance.
Brics ideology is to not be ideological in that way and not to interfere in other countries domestic issues or system. Yes brics does not mean realpolitik or self interest for countries is thrown away.
That is just stating the obvious.
Brics wouldn't be needed but west keeps attacking and throwing to overthrow and sanction others who just want to do what you said. Work hard and develop. That's what China and global South doing. But usa sees it as a threat and so countries need to group together to defend.
How can you work hard and develop if you can't defend against USA and west colonizing you? You can but it is waste of time. Better to defend with China and BRICS helping you, not just by yourself.
It means BRICS will overtake UN. BRICS reliant on it's resources and equality & fair trade amongst the member nations. They believe in strengthening their national currencies and betterment of their citizens
BRICs is the future!❤
In my opinion Africa should cut ties with the west if it wants to achieve its potential. Yes it would be difficult initially, but it is achievable in the long run
It would bring bigger problems than you could ever imagine.
Africa don't want to give up the free money given by the West.
Most intelligent African lol. Look who your country imports food from. If not the west you would starve within a month.
@@timothylee2772No not Africa,Northen African countries mainly ECOWAS 😂😂don't involve us with those group..Southern Africa countries are shifting from the West.
@@timothylee2772What money? Which money? You mean the resources you are stealing from us?
Free iraq syria and Palestine 🇵🇸 ❤❤❤❤❤❤❤❤❤❤❤❤❤
Africa is always with you,,the oppressed
You guys throw away west, European and American (military occupation) from whole Africa continents
Free Israel
From their own repressive rulers, for sure.
Can anyone tell me if there were any substantial new ideas put forward at BRICS ? Thank you.
It means the beginning of the end of US and the West.
A very fruitful analysis by experts thank u
18:20 “BRICS members having in common in colonialization” you neglected to mention a notable exception: Russia which is not a victim, but the most notorious imperialism. China knows it too well but pretends it’s not an issue to settle, for now.
Tell that to the Irakees 😅 or the Palestinas, who is the most imperialisme State I think, Franse, Spain,Portugal, Netherlands, belgium, Germany, Italië.
@@NajqkKakaja Some little known history, depending on who you talk to, China lost between 900,000 to 1,500,000 km2 territories to Russian imperialism. That is between 1.5x to 2.5x of entire Ukraine.
You are taking a needle out of the haystack and making it the rule! We are talking about western colonization
@@twogamer7149who have you been talking with to come to that conclusion???
Careful what you wish for ☢️
I Love it. Go Go best of luck.
G8/G7 never pretended to be in charge of the world’s affairs though. They sought to make policy and discuss world issues relevant to them.
What do they think about countries less fortunate than them ? To be there slaves for there rest of tgere lives ? That's the west mentality , Europeans also..
Oh really! Then why impose carbon tax?? When west released highest carbon in their developing phase , isn't that hypocrisy of west ?? Or suddenly they pretend that they care about the world?? Either way they failed to save anyone
How incredibly neive!! The G7 didn't pretend to control the world, they proclaimed it, publicly and loudly!
@@moenierbenjamin9733do you enslave them? Do you not watch where you buy things from? I certainly let do. If you’re French then feel as you do about your country.
They are dictators if you don't serve them they bomb you and turn the world against you with propaganda information and media platform, they don't allow anyone to archive economically they see you as a competition and impose useless sanctions like chips in china. They insert themselves in every border that has something to benefit them. They colonise countries
The meaning of global community has changed overnight. Interesting times.
First and permanent task of extended BRICS is to bring peace to the world.
Looool yeah peace with russia in it looool 😂😂😂😂😂😂😂😂😂
@@apb2081brics was and will always be peaceful. It's just war hungry and selfish countries like US that meddles in other people's business.
Yet China has threatened to "Nuke" several countries in the past few years.
are you not watching how ujraine ang nato weaponry hammered russia? putin is scard to his pants that a coup may erupt and he has no country to return. china and russia at brics is like mousiline and hitler exchanging cheese and sausages.
@@apb2081 Compared to the peace your beloved G7 countries bestow upon the Global South!
Don’t cry west , Brics know what to do and change the world order
Yet millions of you run away to the west working for minimum wage.
Yes
Most excellent Russia 🇷🇺 will be a reliable source of food for Africa 🌍
Because china be stealing their seafood 🫢
Egypt, Argentina, Brazil and Ethiopia….. wants foreign investment at any cost…. and China will provide them… it’s no brainier how China will encash its leverage as an hefty investor to influence…. The Brics partners !!
I assume India , will hardly continue and keep along with this status…. and ultimately leave BRICS within a few year to avoid China’s hegemony and China wants this as well for quite a long time !!
China will have no money left wait for their infra bubble to bust
India will not leave BRICS, has it will decrease India's leverage to negotiate with other countries in the grouping also many nation like India would try to limit geopolitical goal of China including Brazil, south Africa.
You don’t know what india has done in past with their deplomacy . Wait and watch . In next 4 years india will ne 3 rd largest economy and in past during Cold War era india was very good friend with Soviet and also with USA . So you don’t know anything about india ,apart from Hate towards people of India .
india and china main issue is the border, they are resolving it now.
in brics every one on the same level regarless of country size or power.
this is what make brics attractive to so many country want to join
India is merely a little girl with strong jealousy of seeing China outperformed her in all aspects. Grow up, Muthusamy😂
🇮🇳 India's friendly Countries is-: 🇷🇺🇮🇱🇯🇵🇫🇷🇦🇪🇦🇺🇺🇲
Friends who wield India and treat India as an inferior country and people. Do you like having friends like that?
@@cleitonhsswhat you are talking about all these countries helped india in time of need except USA. USA should not be in the list for sure i agree with you on this
Bullshit!!!
Which are the new member states?
Interesting map. BRICS cuts Europe and US from Asia/Pacific. Clever old Xi.
BRICS yes! ❤❤❤
I'm just giggling at how people can't see who actually is the real player in BRICS
It’s China lol
It's America!!!
Brics is just an alliance to further china interests. I don't understand people thinking it will change their life. So much propaganda....
These guys are the under dogs of the world, they deserve so much respect. Especially Africa, for all of history they have been oppressed and colonized, they deserve a chance to win
Please do it very fast because of Iran 🇮🇷
Good news ✊🇿🇦
Enought with USA.
Looks like due there is no clear criteria for new members, it is possible that weak members will only become product markets for stronger countries.
Do sth abt Sound Audio quality .....sth is not right?
are they going to change the acronym? its a great acronym to be honest
A brand new BRICS currency is too challenging for such a group with no cohesiveness. Ask EU how hard they did with EURO. In reality, it is about trading with mutual currencies without risk on a third party like dollar. However, in further reality, most these members have their largest trade portion with China. So for them, it is about currency negotiation with RMB.
nothing too challenging here _ those countries will find common ground & they will bring in some common currency in a few years
@@100k-Maccassete Do you have evidence or theory to back your prediction up, or just wishful slogan like many others?
So if "BRICS countries are united" why do the CCP and India have very violent border disputes ?
Saying the BRICS countries are united is rubbish.
At least they are not fighting with guns.
Border issues is because of western rules lol. United to expand economy for the developing countries.
@@minhloi4536 : That's laughable, you have no argument.
@@buildmotosykletist1987 argue about what lol. Seems like you don't understand the argument lol
@@buildmotosykletist1987 are you jealous brics don't include you while 40 countries are interested in Brics+🤔
@@buildmotosykletist1987 if G20 is so united and Germany wanted to invite china to the AI summit in Germany why Japan refused to agree???
You can't even call a spade for a spade what argument do you want 😂🤔😂.
Just stick to your western thinking and let us Asians and the global south do the walking lol. Successful or not it's our business not yours 😂🤔😂
qatar should join
TOO GOOD TO BE TRUE.
Africa needs a permanent veto seat on the UN Security Council
yea, but why would the West allow this to happen?
@@Western_Decline Because they are scared of losing africa to Russia and China. The main road block would be France.
No india need a parmanent seat in unsc
And u trust African leaders with all that corruption???
@@girirajrathore8067india doesn't deserve it. Understand how the Unsc was created
The only problem I see is I know what a dollar and a Euro looks like but I have no idea what brics money is or looks. There essential starting a financial bloc then creating a world popular currency instead of comming together to support a popular existing currency. This will be very big challeng for them. To challenge the US dollar is a crazy big task. Many have tried but the stability and success of the dollar is very hard to replicate.
Not a fan of china but this china diplomat was lit ❤
As far as I'm concern,that this kind of the global summit it wouldn't be for businesses purposes or political discussion,I think it could be going forward away.
For example:an alliance with countries from the Horn of Africa or a together cooperation non-profit in the light of to sort out the largest issue the world's today the starvation.
And these affairs from worldwide leaders' they haven't had focus about it and turn it into just one speech void and hopeless from the political' upper class.
The horn of Africa (Ethiopia) becoming full member is for political and business reasons not charity. Ethiopia is the African Union hq and UN ECA Hq, founder of UN (although betrayed time and again by it) and is a major force that fought colonialism globally and is paying the price for it even now. Don't believe everything you hear about Ethiopia, defamation and sanctions are part of the agenda. It has vast untapped resources too.
@@d.j.94 Looking about the perspective social and econonic some countries from African remains in the limb of poverty.
Keeping on shadow of the modern coloniasm that has been produced by capitalism system.
These countries still chaineds by historic tices of submission and depravation on the superpowers come from the West.
Nevertheless the African Union alone don't get to set free all those countries from the extrem misery;if not there is internacional cooperation get together with the developing countries to engagement.
As in the future after had been done all this work of capacity and structural improving at skeleton's power and social;this part of Africa will be walking by itself legs and achieving the progress at all.
@@diegodiniz3628 It is a step in the right direction, they announced that there will be other expansion phases to include more countries. Remember western countries like France applied but were denied membership. This bloc is about excluding the colonialists and trading resources fairly, the poverty reduction will come naturally.
@@d.j.94 Thank you for sharing your thoughts with me,I really like it.
We have to thinking about Africa like an ocean of possibilities,and make- believe people that a restauration is possible as well.
I believe that for Africa it does necessary a program to a long term in order to solve the unequality and incoming's distribution amongst people;it must be done as the first one.
A worldwide public programme should be make to supply it,like a foundation aim at to this purpose.
Unfortunately big part of the world,and especially developing countries they haven't seen it,or trying to blank out the problems around.
BRICS currency is to replace the free printing Fiat money, i.e. USD, UK pounds, Euro, Yen, Yuan, Rupee, etc. as the global trade currency. It will be based on each country's commodity, proven reserves and products. It may be based on 1 gram of gold, say Gold Gram, GG, upon issuance by the BRICS main counsel in a digital form. There will be representatives of BRICS counsel in each member country. Then the local government will provide bases of commodities, reserves, products, produces, etc. physically tradable items, in a digital networks which connect the BRICS counsel, local major companies / business, and government. So each member country will be tagged as owning X amount of GG on the day it join the BRICS trade networks. Daily changes, computing and verification's will be done through the digital networks.
GG will ONLY be used in global trades, local currency still being used by the people locally. If the local printer created too much local Fiat money, but only have limited amount of certified GG, then it chokes itself by NOT be able to export or import. 🧐🤔🤨😉😎
I think it is about what they also have in comune also. This is how the EU has started
what is the goal of brics? is it an alternative to the UN or the WTO? dont think thats clear yet.
😂😂😂
Brics represent global south voices
It's an alternative to the G7 nothing more
WTO Discriminatif
Freedom from Western meddling and theft.
No one learn from history. It is quite fantastic!
Joining BRICS to boost the economy is delusional.
- With the exception of India 🇮🇳, none of the BRICS countries has been doing well economically.
In fact chinese are the poorest where over 200b dollar infra bubble to unleash very soon
Many haters are doubting BRICS. Instead of watching videos about how great their country is, and commenting about the positives of their country, here they are in videos about BRICS commenting hate. 😂😂😂
I am confident that BRICS have enough financial and economic gurus who can sort these things out.
India gives some food aid to other countries. The other BRICS members do not. The developed countries feed hundreds of million every year- they’re less selfish even accounting for wealth differences.
Bullshit!!!
They pay a price for that in oil, resources, or business contracts, or geo relations. The USA has been stripping African countries of natural resources for decades in exchange for aid...it's part of keeping a whole nation poor by making them dependent while never teaching them how to fish for themselves. China is actually trying to balance things out so let's see how the future goes.
@@sew_gal7340Yes I agree but I think that's just the nature of the two groups of people. Asians are usually conservative, resourceful people who try to help good natured for the most part. American whites historically have been very evil, violent, hateful and exploitive. So not surprised by this move. I figured it was only a matter of time. "The enemy of my enemy is my friend"
@@sew_gal7340
Africa is no longer a cash machine for the west.
They're standing tall with the help from China on infrastructure, mining, agriculture, healthcare, education and development.
The next growth is from Africa.
They feed the people scraps after they steal all of the wealth (minerals) for the use of their nations. Thank God for BRICS> It's time fo a new world order.
Just a quick thought. Is there a NATO insider in BRICS...?
This is like a group of homeless people banding together to topple Amazon.😂
Who don`t like other..
Why can't other countries stop using the dollar, and use other currencies?
Good question Nick: "can BRICS reshape world's political and economic architecture ?".
I am afraid that first BRICS has to demonstrate that it can STIMULATE trade between members, second; that trading can be effected without the use (directly or indirectly) of US dollars.
If these two premises are fulfilled, I think that it is certainly possible.
For start, it is clear that member's political systems are not an issue at all, and this is, perhaps, the BEST OMEN...
If BRICS does not work, something else will be invented because this is a GLOBAL IRREVERSIBLE TREND, a BRICK or a BRICKLESS world is solidly evolving towards MULTIPOLARITY, the best proof is Guterres getting nervous and complaining at the utter irrelevance of the New York based UN LOL.
It will succeed and BRICS PLUS will more than likely have 100 Countries in the Trading Block 😊
@@timetraveller885the membership is pointless. It has no concrete purpose.
@randomguy3496 Yes it does!!!
Why do you think 100 Countries will be Members and Trading Partners in BRICS PLUS!!!
You must be an American!!!
Dang... They destroyed Aljizzra narrative
Both BRICS and € came to existence around 2000s. Today, € is recognized but BRICS isn't. It's been 20 years and still BRICS has no foundation. I don't see any value that comes with BRICS apart from adding countries.
I think this is just another propaganda China and Russia love doing to make themselves look important. Which currency are they going to use? Will the Saudi Arabia and UAE agree to devalue their currency or maintain their currency like the way UK did?
When it comes to environmental protection, every country has to do their part. Let's stop blaming others for our wrong decision.
In conclusion, BRICS is formed to blame others for their problems, not provide solutions.
The story is written in small and brave steps. You seem to try to look so smart but can't understand the basics?!
You don't understand geopolitics it seems , more countries means sanction that can be imposed on the west if needed
@@lawlietl-6836 BRICS and € are in the same age group, however € is already established and proved to be strong. Which basics can one possibly not understand?
The only sensible thing you've uttered is that, BRICS is a story. Stories never come to life but remain pigment of imagination forever.
@@rishabhsingh6023 it looks like you have no clue about economics. More countries does not mean your sanctions can be effective.
This is all wishful thinking.
@@eng.reagan9540 You know that if a currency is eventually created in the BRICS you won't see people using it to pay for a coffee at the gas station, right? Aren't you that innocent, please?
You are opining with your prejudice and ignorance, try to put the first aside and refine the second with study. it will help you
Wow you guys don't even show BRICS summit it's sad😢
Africa can always count on Russia.
To pursue their own interests.
What good supply is Russia to Africa?
These countries are not actually known for their cooperation. It"s gonna be a mess
interest bring countries together, and no, it will be more cooperations
I can be enemies with my neighbor but still recognize that there is a bigger bully who lives across the pond that has the ability to eat our lunch...so despite not like one another we can agree to work together to keep that big bully out.
@@shuli6021 ooo yeah de-dollarization project is doing wonderful. The Russian ruble is a confirmation of that😆😅🤣
acutally who is doing well is obvious, so i can not laugh if i am in your position. your country is a has been@@borisreljanovic7292
Itd be great for NATO to challenge the status quo. With a counterpart for duality in the form of U.N.
The challenge is open to all comers; you see. Known as an Open Challenge it is intended to improve the moral character of the world. The format is hereto provided for in the form of H.E.M.I.