The west will keep ignoring and downplaying this. It is a mistake and this is no joke. We are talking once this expansion happens a very big piece of global GDP. The more we isolate anyone we disagree with the more we drive them all together against us. Including many we like to refer to as allies.

https://www.reuters.com/world/brics-leaders-weigh-expansion-criteria-with-blocs-future-balance-2023-08-23

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I agree. France will join them soon

I think BRICS is a nothing burger. How are they going to make this work? Who is going to be in charge of the entire process? China? Russia? Not a lot of trust between them. Plus going on a gold standard limits their ability to print money, which all governments like. It’s all smoke and mirrors if you ask me. If they adopt Bitcoin… that’s another question entirely.

If they were smart that’s what they would do. Imagine if all of them did that….

We started talking about BRICS a few years ago, people told us we were crazy it would never happen. Guess what, it has! You are absolutely 💯% correct!!

See you at SRF!

Wish we could do away with protectionist trade though.