What are your guy's opinion on BRICS alliance? (lemmy.ml)

submitted 1 year ago by 10_0@lemmy.ml to c/asklemmy@lemmy.ml

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Do you think that this could be one the major alliances over the next 100-300 years that can properly rival the western world? (BRICS: Brazil, Russia, India, China, South Africa)

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[-] yogthos@lemmy.ml -1 points 1 year ago

I definitely think that BRICS will be the alliance to watch going forward. BRICS controls large swaths of commodities and manufacturing. For example, China alone has a bigger manufacturing base than US and EU combined. The BRICS has already overtaken the G7 in global GDP, and working on a reserve currency backed by a basket of currencies.

this post was submitted on 31 Mar 2023

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