Brazil: 212 million
Russia: 143 million
India: 1.45 billion
China: 1.409
South Africa: 64 million
BRICS includes 10 countries - Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russian Federation, South Africa, United Arab Emirates.
Total: 3.3 billion population, 40% - 45% of the worlds population
Yep . Put your hands in the air
There’s only so many times you can weaponise the World reserve currency before you’re no longer invited to party
Yes, I think there's a new party in town, one where the cool kids hang out and we're not invited.
I hope this doesn’t go down the usual dumb path of “red” vs “blue” polarisation, as it often does when the system starts to melt. Let’s argue about British food and French cars again instead. It’s healthier and more productive than whatever the so-called “world leaders” are doing at the moment.
There's between 280 - 290 million in Indonesia too.
Yep
I can't be arsed to work out how many live in the otherforur. I know there are six on the waiting list, possibly more. You can bet after this SCO meeting BRICS will be bigger. The West will be isolated if it doesn't learn to play nicely with the other kids. It won't bother the States as it has it's own resources but Europe is cattled.
Yep, although don't over estimate the US's ability to reverse the Triffin paradox.
I hear you but I think the train is racing too fast for the breaks to work. Maybe if the drivers weren't so incompetent? With the likes of Lindsey Graham pushing for war with everyone who isn't America, I can't see a stabilising of the dollar.
Of course, the USA as head of the Empire, will feel the pain last and thus will survive. Meanwhile the Chinese, Indian and Russian leaders are stockpiling gold and forging stronger relationships. With Africa in particular. Basically where all the stuff comes from.
I think you misread my statement, we have accord 👍
I'm so used to that now Mike. What's wrong with us?
Sorry if you fancied a good row, I can't oblige on this matter 😂
But I paid for the full hour!
That was a great sketch 😂
Well done everyone, you passed level 1 : avoiding falling out in social situations.
You may be ready by xmas to assimilate back into family events
Screw that, I'm booking a cruise 😂
But of course 😂
I'm not saying we are addicted to cruising, but the two options we are considering is either staying on a cruise ship that's been parked up and turned into a hotel, or cruising around the Canaries 😂
😂
I wish my old lady liked boats
Me too. I even like iddy biddy boats but she is a land lubber
Or visit a cruise ship for lunch while it's in port:
https://www.southamptoncruiseconcierge.co.uk/ship-tours-lunch
She would be more tempted to go on one of those but she still declines.
I feel your pain 😢
I got hooked as a kid. I went on a Holy land cruise with the school. A few years later I did it again. I could (she won't) spend the rest of my days floating around, waking up to a different vista everyday and sampling exotic cultures from far flung corners.
Not sure I could afford it but I can dream
Apparently, it's cheaper than a care home, when you've made your stack and you get a bit older, you never know 😂
That was my thinking
Way more swingers nights on Mike’s cruises too 😂
Defibrillators too
I'm trained to use those, cool.
You’ll be shagging and restarting all night then 😂
A long haired lubber from libberpool … 😂
She's from Russia
I paid for an argument!
You think reserve currency status coming to an end?
By design. Trumpet is preparing for dedollarisation
It will hit hard in the US. Prices already 3x increasing compared to Europe
I think it is becoming fragmented
I think they dont have a plan to replace it yet.
It's already been happening. Trade in real, rinminbi, rubles, rands or rupees.
Russia reduced its dollar reserves (and even paid Trump in cold hard dollar currency in a briefcase for refueling the plane in Alaska which was hilarious because they're banned from the dollar access)
China has been severely reducing it's dollar reserves, and I guess after the whole India thing, the Indians are reducing that reserve currency as well.
Demand has dropped significantly
