BRICS: How an acronym from Goldman Sachs morphed into a strategic economic bloc

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CNBC International

CNBC International

Рік тому

BRICS - meaning Brazil, Russia, India, China and South Africa - is widely regarded as the pillar of emerging economies. And other countries want in.
The BRICS economic bloc is made up of five of the world’s biggest emerging economies: Brazil, Russia, India, China and South Africa.
The acronym started as “BRIC” in 2001, when Goldman Sach’s then-chief economist Jim O’Neill predicted that the economic weight of Brazil, Russia, India and China could eclipse the world’s biggest economies in the next decade.
A decade passed, and that didn’t happen. But leaders of BRIC nations did hold their first official summit in Russia in 2010, with South Africa joining the group a year later. Since then, they have met regularly to discuss cooperation on global issues.
One of the group’s major achievements was the establishment of the New Development Bank, set up in 2015 by the BRICS countries to support infrastructure and development projects in BRICS and other developing countries.
Over recent months, BRICS has generated buzz partly due to other emerging markets expressing interest in joining the bloc. Argentina and Iran have submitted applications to join, while countries like Indonesia were named as potential new members.
In the wake of Russia, a key BRICS member, waging war on another sovereign state, how will BRICS move forward in the future? Watch the video above to learn more about the positioning of BRICS in the global order.
#CNBC #BRICS #Brazil #Russia #India #China #SouthAfrica
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КОМЕНТАРІ: 1 300
@knutvreb6506
@knutvreb6506 Рік тому
This was a shockingly balanced presentation of BRICS from a Western mainstream media outlet. Well done :)
@paulheydarian1281
@paulheydarian1281 Рік тому
😱oh No! Somebody Messed Up-!
@be12
@be12 Рік тому
@@paulheydarian1281 😁
@will201084
@will201084 Рік тому
BRICS nation are far from aligned in economic policies. It will be too much competition for them to make this thrive. These nations are also corrupt af lol
@firefly4907
@firefly4907 Рік тому
They've made one video on brics already.
@positivethinkerpinoynewzea7355
@positivethinkerpinoynewzea7355 Рік тому
The same thing if BRICS DOMINATE THE WORLD ECONOMY THE WILL DO THE SAME AS USA DO TO THE OTHER COUNTRY THE WILL SANCTION SMALL COUNTRY IF DONT WANT TO FOLLOW THE BRICS DICTATE
@christopherh2579
@christopherh2579 Рік тому
My Vote is for BRICS. Fed up with those G7 people who treat and bully other countries.
@TDK2K
@TDK2K Рік тому
China and Russia must be the sweet innocent victims in your logic.
@pax4370
@pax4370 Рік тому
Also the report should have mentioned it was used to be G8 , Russia was removed only in 2014.
@SamEbby
@SamEbby Рік тому
yes not like the Chinese bully the yuhigurs or Russia bullying the Ukrainians...
@badbadbadcat
@badbadbadcat Рік тому
@@SamEbby to be honest, those are nothing compared to what USA singlehandedly did and doing all across the world
@lukerees281
@lukerees281 Рік тому
@@badbadbadcat source?
@kaimingraymondchoi9909
@kaimingraymondchoi9909 Рік тому
When India and China setting aside their minor conflicts, looking for mutual interest, stability in the Asia Pacific region will be ensured. Both India, China and all ASEAN countries will get the benefit. When these two nations, accounted for 35% of the population stood together it would be very difficult for United States and or any western countries to create tension in the region.
@whocares5584
@whocares5584 Рік тому
I don't think India or any other country in the the region is an issue, It's China and it's expansionist regime. Think about it, China has not 1 happy neighbour except for Russia and North Korea. I think that says a lot.
@Aashu299
@Aashu299 Рік тому
There’s no “minor” conflict but a major conflict and no, we don’t share the same goals and values.
@raymondcheung409
@raymondcheung409 Рік тому
@@Aashu299 friends can become enemies. Enemies can become friends.
@jeevan88888
@jeevan88888 Рік тому
@@Aashu299 Can stf please, India and China have more in-common than you think. These 2 countries need to learn from each other what's missing and then would be far greater than the USA.
@Aashu299
@Aashu299 Рік тому
@@raymondcheung409 Not until CCP is calling shots.
@ganaspin
@ganaspin Рік тому
I sincerely hope BRICS can help Brazil become a more just nation, where the investments don't benefit only the most rich and powerful individuals, but mainly provides better infrastructure for the poor to live on.
@rpgbb
@rpgbb Рік тому
Come on, do you really think China, India, SA, Russia care about poor people? No one does
@ganaspin
@ganaspin Рік тому
@@rpgbb Yeah, no government does. But we poor people care about ourselves, and that's why we're willing to take every opportunity to change this goddamn status quo where the rich get richer and the poor get poorer.
@valeriemain4016
@valeriemain4016 Рік тому
As an American, I agree with you. Every country has the rich exploiting the poor and arranging the economy, the laws, the education to maintain things or make them more profitable for the rich. My family members all earned college degrees but it didn't help much. Still working class, as my parents and grandparents. As a nurse, I thought it would be better, but still ended up working 2 jobs and more. If other countries can improve things by banding together, more power to you. But my first comment stands. China is a mess and may door harm than good to its "partners".
@kelvin4833
@kelvin4833 Рік тому
maybe US or european countries or the Vatican, but you think China(largest wealth inequality in the world), India (with billionaires and literally people in poverty), and South africa are gonna progress much there?
@varun2250
@varun2250 Рік тому
Your first and biggest mistake is to assume any foreign country would do things that would be beneficial to Brazil. The change has to be self driven and internal. Otherwise the world is pretty much a Hyena's breeding ground looking for Carcasses (weaknesses) of others. Don't ever assume any other country would care about one's own nation as you do and this applies to all countries.
@simonpedge
@simonpedge Рік тому
There is definitely a change in air... NATO accounted for 47% of the World's GDP 4 decades ago - now its just 27% (and with a dozen new member countries). BRICS currently accounts for 51% of the World's population and 10 more countries have over the last year or so expressed interest in joining, including Turkey & the OPEC countries Iran & Saudi Arabia.
@levelazn
@levelazn Рік тому
we build chinatowns everywhere, its game over for white european supremacy
@chankanyy924
@chankanyy924 Рік тому
Turkey want to be everywhere
@j-mobi9209
@j-mobi9209 Рік тому
@@chankanyy924 and why not if and when the new grouping offers more for any country
@natureandme9619
@natureandme9619 Рік тому
Turkey is becoming another extremist country like Pakistan
@sumitbhatt766
@sumitbhatt766 Рік тому
Iran and saudi will be enough to end west dominance, in next decade
@henrywong1486
@henrywong1486 Рік тому
Great to have BRICS expanded to more countrres to counter G-8 and US hegemony and exceptionalism. BRICS will be a good alternatite to US and Western dominance over world financial institutions such as IMF and World Bank.
@nooperz_griffento
@nooperz_griffento Рік тому
G7 Russia is out because it invaded Crimea
@shanepatrick641
@shanepatrick641 Рік тому
Totally agree. Can't wait for when the US isn't top dog anymore. They've been causing chaos for years!
@danielasterling6936
@danielasterling6936 Рік тому
CHILE PARAGUAY ARGENTINA SOUTH OF BRAZIL URUGUAY A M S T R A L I A AMERICA AUSTRAL
@andrewlambert7246
@andrewlambert7246 Рік тому
IF INDIA AND CHINA GET TOGETHER BY WORKING OUT THEIR DIFFERENCES THEN THIS WORLD WILL NEVER BE THE SAME AGAIN.
@OkarinHououinKyouma
@OkarinHououinKyouma Рік тому
Thankfully, the Himalayas (glorious gods blessing 🥰🙏) have created a barrier between them.
@tylerwiles3166
@tylerwiles3166 Рік тому
Not gonna happen. They’re not going to partner up with people that worship an elephant with 8 legs lol
@RocketmanRockyMatrix
@RocketmanRockyMatrix Рік тому
No communism
@vanapalliprashanth7521
@vanapalliprashanth7521 Рік тому
yep , it will change the entire world . be it politically or financially
@shobhitrajput2183
@shobhitrajput2183 Рік тому
So many people talking about India and China conflict. What'i have to say both countries are mature and well know their intrest.... Where the both countries intrest are common they work together 👍 hope for best for me and many Indians or some of my Chinese friends ( many people) want RIC group!! Cooperation these 3 countries in technology, infrastructure, energy, trade, space, security etc etc ..
@AQuietNight
@AQuietNight Рік тому
India will sleep with anyone who buys her dinner.
@goudagalindo1790
@goudagalindo1790 Рік тому
Ha ha good luck trusting China.
@unitycatalog
@unitycatalog Рік тому
LMAO forgot about Galvan, you had your rear handed to you hahahahahahhahahahahahhaa
@sumitbhatt766
@sumitbhatt766 Рік тому
Citizens of both countries are fool. Ovio there are issues at border. But galwan wasn't fight, it was just a scuffle with no guns , aircrafts or other things involved. For a country of billions, it was a small fight, ovio India's reply was very strict with app bans and some other things.but Indians and chinese both are very intelligent.
@TMM-N
@TMM-N Рік тому
@John Brower correct Two biggest popn, they have more headache about taking care of their own popn than to fight
@juandoe2696
@juandoe2696 Рік тому
Hopefully the BRICS framework can act as a pacifier for these nations much in the way the EU does for Europe. Today Poland is demanding 1.3 trillion Euros in reparations for WW2 yet the EU goes on. Finally the idea of a member state in conflict being a problem is a non issue as the US has been in numerous wars and or military invasions and it has never been an issue within the G7. But only time will tell.
@harukrentz435
@harukrentz435 Рік тому
Yeah thats because the US completely rule the G7.
@marctemura2017
@marctemura2017 Рік тому
They can't Juan. You see to have globalization you must have a Navy. And none of the these power have a large "Deep Water Navy". They only countries that have "Deep Water Navy" that can fight any were at any time is France, the British, Turk's, Japan, and the United States and they are all part of NATO.
@satyamARAS
@satyamARAS Рік тому
India 41 trillion dollar 😎 .
@user-DongJ
@user-DongJ Рік тому
Absolutely. Unlike G7 which started as G4 in 1973 (or G3.5 as it's only West Germany), BRICS didn't start out on a more solid foundation. It will likely take a longer time for BRICS (or E5) to grow more synergistically before they become a true rival of G7. Alternatively, the G7 could make some serious mistakes & allow E5 to get ahead.
@pax4370
@pax4370 Рік тому
@@satyamARAS bot spotted.
@aylyi-huh9355
@aylyi-huh9355 Рік тому
BRIC is formidable and impossible to deny. South Africa awkwardly still hanging around
@Marc_Masters
@Marc_Masters Рік тому
How awkwardly?
@JosephKulik2016
@JosephKulik2016 Рік тому
Don't worry about SA because it eventually develop into BRICS's portal into Africa and then SA will really start cooking.
@Marc_Masters
@Marc_Masters Рік тому
@@JosephKulik2016 it what way?
@OkarinHououinKyouma
@OkarinHououinKyouma Рік тому
SA is... falling behind.
@kairuannewambui8456
@kairuannewambui8456 Рік тому
I love jealous comments why because it means victim will prevail 👊👏
@keithfernandez8965
@keithfernandez8965 Рік тому
"The general population doesn't know what's happening and doesn't even know that it doesn't know" ...Noam Chomsky
@Floridawoodsbanshee
@Floridawoodsbanshee Рік тому
True but if they did know then they would know. My question is why is Canada part of the G7. They are poor. They sold all the nation's gold to support mortgage back securities ?
@ausafrointernational9913
@ausafrointernational9913 Рік тому
The irony of this world is unmatched.
@beauty4u132
@beauty4u132 Рік тому
Wow
@thelonegerman2314
@thelonegerman2314 Рік тому
85 Percent of the world Population, Either Don't Care, Can't Care, Family, Rent bill's Daily Living , to Make Any Difference, 10 Percent of the Population Know what is Going on with the World, Know their True Agenda, Example Scientist, Intelligence Agencies, Engineers, Politicians, Presidents Ect. 5 precent Are Conscious People , Choosen people, Rational thinking caring People Who Also Know the Truth
@shanepatrick641
@shanepatrick641 Рік тому
I didn't even know about the brics economic alliance until I saw some comments about it on a youtube video. The west is hiding this from us!
@mohdaziz1242
@mohdaziz1242 Рік тому
the best thing BRICS can do for the world is establishing an alternative reserve currency used for international trade...especially oil trade...that will bring some stability to markets and keep inflation in check or at least contained in the west or western dependent economic spheres.
@kaimingraymondchoi9909
@kaimingraymondchoi9909 Рік тому
It is doing that. India, China and Russia will take the lead. This movement has been further enhanced by United States sanctioned against Russia to access SWIFT.
@mohdaziz1242
@mohdaziz1242 Рік тому
@Milan Vukovic the US has a 21 trillion debt and they keep printing money to sustain that ...meanwhile they are exporting inflation all over the world due to the oil-USD peg ...what's the rest of the world to do? allow the US to step all over them?...extreme pain is on the horizon...i hope not in my life time.
@davidcadman4468
@davidcadman4468 Рік тому
@@frankfrank4632 With so many trading blocs forming in the past 5 years, that do not include the USA it's inevitable that the Alternative will be found. BRICS, SCO, ASEAN, RCEP, are going to end up head to head with the G7, G20, 5eyes, etc in competition. The world is looking for a more peaceful, cooperative set of alliances than the Collective West's Bullying Club.
@tonybernoulli7859
@tonybernoulli7859 Рік тому
@@mohdaziz1242 21 trillion or 30+ trillion
@joeysal007
@joeysal007 Рік тому
@@mohdaziz1242 Every nations have inflation and serious debt, but they are mostly internal and to the public. Why are you acting as if India doesn't have any?
@melleblanc8705
@melleblanc8705 Рік тому
The BRICS+ will be much better leaders for the whole world, peaceful dialogue, cooperation, and win-win development....what a refreshing change from the military hegemony and colonization we have had for so long. Most of mankind will benefit greatly, the golden billion need to change their old ways.
@j-mobi9209
@j-mobi9209 Рік тому
BRICS is like the new Avengers, a new Dawn is breaking
@kaimingraymondchoi9909
@kaimingraymondchoi9909 Рік тому
Only peaceful cooperation will pave the path of prosperity for all developing countries in the world, free from military interference from the west.
@jameammarijr.2248
@jameammarijr.2248 Рік тому
Not until CCP still funding rouge terror states
@_-_sinexus_-_
@_-_sinexus_-_ Рік тому
If only China and Russia also took those words to heart
@oomz1975
@oomz1975 Рік тому
India & China had great civilisations & trading relationships for centuries whilst in Europe they were still scratching around in caves trying to invent fire.
@unitycatalog
@unitycatalog Рік тому
Is that why Indians beg for h1b US visas🤣🤣🤣
@shantanusingh7600
@shantanusingh7600 Рік тому
@@unitycatalog US grants them H1B visa because " Americans are not qualified for their own jobs" --Dr. Michio Kaku.
@unitycatalog
@unitycatalog Рік тому
@@shantanusingh7600 lmao if your $hithole country is so great then why do you come begging for h1b US visas🤣🤣🤣🤣...so you care more about US than your own guttr country? 🤣🤣🤣🤣
@yihaoliu426
@yihaoliu426 Рік тому
@@shantanusingh7600 this reply had me. Well put brother well put
@sahilkale9348
@sahilkale9348 Рік тому
@@unitycatalog YOUR WHOLE COUNTRY IS RUN BY INDIANS , CHINESE , JAPANESE PEOPLE ITS A SHAMEFUL THING FOR YOU
@jascam1
@jascam1 Рік тому
The BRICS will gain parity with the G7 if they focus on maintaining stability within their borders and not meddle in other countries internal affairs. Rule #1 take care of home. Secondly, extending an invitation to Iran and Venezuela will help to expand their global influence in building a more robust economy. EA7 - Economic Alliance 7 has a nice ring.
@chankanyy924
@chankanyy924 Рік тому
And Haiti
@sumitbhatt766
@sumitbhatt766 Рік тому
In a decade, when india gets stronger. Everything will sort out. We will progress togethor.
@kaimingraymondchoi9909
@kaimingraymondchoi9909 Рік тому
Totally agree
@vagabond919
@vagabond919 Рік тому
Next candidates are Iran & Argentina - Mexico wait & see ..
@willengel2458
@willengel2458 Рік тому
what is never mentioned in BRICS is against USD hegemony.
@dranzacspartan8002
@dranzacspartan8002 Рік тому
BRICS is an amazing concept with amazing goals in unifying Human Beings and taking care our Planet Earth. Cheers ... from Down Under.
@atatsmail260
@atatsmail260 Рік тому
Brics is the only way to prosper because the hostel Not G7 rather Anglo sphere Don't believe in fair competition.
@Mr0rris0
@Mr0rris0 Рік тому
No one is planning to do fair competition The young Anglo buck lost a step and dropped the whip perhaps.. maybe it was a front man the whole time.. but the whip will be picked back up by the folks who invented it. How different were the Phoenicians? Our lovely Phoenixs rising from the ashes to keep summer safe in Samaria.. will it be Constantinople again? Never know with them giants.. how about the goths or ottomans? Amazigh turn of events. Fair competition? It's just an illusion. Your walking on a dream now Bubba. Earth wind and fire!! I'll be there for you. It's the age of Aquarius. Time for some 1177 sea ppls
@Mr0rris0
@Mr0rris0 Рік тому
The ressurection of solomons temple is you and me not knowing or noing G was 7 and Gnosis Genesis Generative Principal... triple tao quaterny aka solipsism or being gods.. which is a bit like... succumbing to magical thinking and mania; mass psychosis A rose by any other name is still sol Invictus
@mram755
@mram755 Рік тому
RIC - Russia India China Please stay united
@barrysingh8813
@barrysingh8813 Рік тому
Dumping us dollars might be a good idea. . With brics putting aside their differences and working together the dollars status as reserve currency is Under threat. The emerging economies will gain prominance soon.
@HiHello-sz3bv
@HiHello-sz3bv Рік тому
How that's good idea?
@oomz1975
@oomz1975 Рік тому
@@HiHello-sz3bv stops the 🇺🇸 hegemony.
@sonnyjohnson8887
@sonnyjohnson8887 Рік тому
putting aside their differences ! , like territorial disputes ? , that's a heavy lift
@grdev3066
@grdev3066 Рік тому
@@HiHello-sz3bv to stop usa doing whatever they want
@johnpablo2772
@johnpablo2772 Рік тому
@@sonnyjohnson8887 besides India and China who decide to let the land be for the time being theirs no territorial disputes as big as you’re making it seem That’s that US narrative talking Crazy how all these countries put their differences to the side for a common greater enemy
@robertseaborne5758
@robertseaborne5758 Рік тому
Thank you for this excellent analysis and report on the BRICS and the way it is influencing global affairs. The strength of the BRICS+ movement is its emphasis on partnership and development, as distinct from an Anglo/ American led emphasis on alliances and security. BRICS is coming from a position of strength and growth, whereas the G7 is coming from a position of weakness and decline.
@a.k.1960
@a.k.1960 Рік тому
Where is the strength? South Africa and Brazil have their own problems. India will not believe China. Russia cannot influence China. China alone cannot convince everyone. BRICKS is just an eye wash to arm twist the west when it was started but now with Chinese bullying, India is firmly in the western camp and BRICKS has lost its relevance with three reluctant parties, India, Brazil, South Africa.
@jodyhunt4001
@jodyhunt4001 Рік тому
BRICS is a bunch of cheap labor countrys. the only reason they are developing is because they provide cheap labor. in china they are as i am typing this, beating people for not wanting to be trapped inside a manufacturing plant making iphones because "cov-id". that's not a movement i want to be involved with. what i would like to see is BRICS come together and leave america completely alone in every sense of the word. i want BRICS to trade fight partner everything without america. not buying cheap garbage goods or getting cheap crappy customer support would my dream come true. americans are craftsman of quality, and i would love to see quality items be brough back to the market. i would also love to be left alone and not fight others wars or hand out free money to others that myself and generations after me will have to pay back. i think BRICS is a great idea. i am not sure which country will provide the cheap labor so the others can be well off, but I am sure one of them will take a hit for the team.
@paulozimek276
@paulozimek276 Рік тому
Totally agree 👍.
@thelonegerman2314
@thelonegerman2314 Рік тому
Exactly, the United States EU UK Germany G-7 will Eventually try to Unfairly Influence BRICS And Bring it Under it's Control if Allowed to Join Interact with Transactions, or Merge Their Payment Systems with the BRICS model
@robertseaborne5758
@robertseaborne5758 Рік тому
@@thelonegerman2314 I think an increasingly belligerent, hegemonic U.S. has done more than any other state to strengthen alternative forms of trade and security alliances, especially throughout the so called developing world. In addition to BRICS, the Shanghai Cooperation Organisation (SCO) is another emerging body/bloc with more emphasis on security.
@JorgePetraglia2009
@JorgePetraglia2009 11 місяців тому
I can not wait to see the reaction of USA when Mexico finally decides to apply for membership as well. BRICS without even trying is debilitating, slowly but surely, the hegemony insured by NATO and that is a breath of fresh air in this crazy world of politics.
@iamyou8994
@iamyou8994 Рік тому
I have been watching and listening Africans and South African representatives for some time and the wisdom and logic they give is just awesome.
@kaimingraymondchoi9909
@kaimingraymondchoi9909 Рік тому
Agree. Me too. There is an old Chinese saying; "Justice will always prevail".
@abhisheksathe123
@abhisheksathe123 Рік тому
BRICS will work on alternative currency or alternative trade framework in coming decades. All BRICS countries are emerging economies and will play or are already playing a massive role in world trade and world gdp. India and China are already in Top 5 biggest economies by nominal gdp. This is important to curb the bullish nature of G7 countries and the united states exporting its inflation to other countries by printing more and more dollars.
@paulozimek276
@paulozimek276 Рік тому
Start getting rid of dollars from the central banks little by little.
@thelonegerman2314
@thelonegerman2314 Рік тому
Exactly, the United States EU UK Germany G-7 will Eventually try to Unfairly Influence BRICS And Bring it Under it's Control if Allowed to Join Interact with Transactions, or Merge Their Payment Systems with the BRICS model
@shanepatrick641
@shanepatrick641 Рік тому
In the UK it's bad. Inflation is out of control. One day I think we will become a poor country. We are already feeling poor now!
@cedardrive4599
@cedardrive4599 Рік тому
The BRICS countries are becoming prosperous thanks to the ingenuity and the hard work of their people, and to peaceful trade and cooperation with other countries. In the process, they are helping the other countries to become prosperous also. By contrast, the G7 countries became rich, not because their people were smarter or more hardworking than the people of other countries, but because they used brute force to steal the wealth of other countries. In the process, they killed hundreds of million people in other countries, they destroyed the livelihoods of the people in other countries, and they caused the impoverishment of other countries.
@Madame702
@Madame702 Рік тому
No it hasn't and can tell you that India, Russia, and Chinese economy is crashing as we speak. India as sky high inflation, Russia is hiding there economic collapse, and China is seeing it housing market go up total flames.
@Madame702
@Madame702 Рік тому
You see Ceder, India, Russia don't really have a middle class they are one's that spend money and China middle class is self destructing.
@LOVE5JAB
@LOVE5JAB Рік тому
​@@Madame702.. REASON for High inflation all cross the globe is because US Dollor Hegemony at trade platform . Now Dollor is at highest level and still rising making other countries to suffer, as till now 70% trade is done using US dollor. But sooner or later this Hegemony will not remain forever.
@spambotjk7048
@spambotjk7048 Рік тому
@@Madame702 "No it hasn't and can tell you that India, Russia, and Chinese economy is crashing as we speak". You are correct for the Russian and Chinese, but India's economy is thriving with a growth rate 13%, fastest growing country in the world right now. "India has sky high inflation" Are you sure about that? India has cool down its inflation in May at 6%. America is rapidly getting out of control at 10% due to increasing energy costs of the Ukraine war. America is right now at a more vulnerable stage. "Russia is hiding their economic collapse, and China is seeing it housing market go up total flames." I don't know much of this topic, but I will leave this to you, you are still incorrect with the claims you listed above.
@sahilkale9348
@sahilkale9348 Рік тому
@@Madame702 INDIA HAS SKY HIGH INFLATION ??? INDIAN ECONOMY CRASHING ???? IN YOUR DREAMS ? INDIA IS THE FASTER GROWING ECONOMY
@bubba7626
@bubba7626 Рік тому
Many Thanks! Always love your vids and learn something overtime. Found you through Quant searches.
@ani4274
@ani4274 Рік тому
India-China shouldn’t be fighting over borders. Both countries have huge population. China is almost 3 times larger than India area wise. So, if they become friendly and little accommodating it will beneficial for both. Both countries have meritorious hardworking students, good knowledge of basic science. Chinese can work under extreme pressure, Indians are good at English and mixing with western culture. Help each other for better prospects.
@brijrajsinhzala7480
@brijrajsinhzala7480 Рік тому
India don't see but china see because only India can challenge china and China don't want India to grow but India have no problem if ccp party moves out of power
@pausereflect5911
@pausereflect5911 Рік тому
Together better.
@arnavranka4510
@arnavranka4510 Рік тому
India was among the first countries to recognise the PRC. We had a slogan in 1950s, "Hindi-Chini Bhai-Bhai", meaning that Indians and Chinese are brothers. Then China invaded us in 1962. China again invaded us in 1967, but we repelled them. They again attacked India in 2020, but they couldn't get further in. However, they have taken thousands of square kilometers of Indian land. Unless that land is returned, no Indo-Chinese peace will happen.
@fly463
@fly463 Рік тому
Only half of China is habitable
@vickyyadav5723
@vickyyadav5723 Рік тому
Yes
@KSMrK
@KSMrK Рік тому
Just imagine adding ASEAN and MIDDLE EAST into this group Im it is heading to be much larger and much more respectable group than G7 to the eyes of the world.
@ashokathegreat4534
@ashokathegreat4534 Рік тому
India and China will rule the world economies from 2040 onwards and the Middle East is not needed in the BRICS unless we give our approval
@aswaghoshanilkumar8164
@aswaghoshanilkumar8164 Рік тому
No need a time arise when India and China alone Contibute 50% of world. Soul of brics are China and India
@thamithwala3011
@thamithwala3011 Рік тому
As a South African, the way things are going in our country, I don't think we deserve to be part of BRICS anymore. We need to fix our electricity problems 1st before moving forward.
@thetravelingfoodshow
@thetravelingfoodshow Рік тому
Absolutely, and decrease corruption.
@southafricaismyhome814
@southafricaismyhome814 Рік тому
Green policys from europe and america is bussy destroyed Southafrica economy 🇿🇦🇿🇦🇿🇦
@thetravelingfoodshow
@thetravelingfoodshow Рік тому
@@southafricaismyhome814 Corruption has been destroying south africa more than any other factor.
@Mpumzar
@Mpumzar Рік тому
More especially not allowing the west to pretend as if they helping us with thier green energy proporsal
@southafrica7008
@southafrica7008 Рік тому
Rubbish Thwala
@frankcogallo
@frankcogallo Рік тому
In South Africa today 1 $ = R 18.24. Next year April 1 $ = R 22.50 and we won't have electricity.
@user-oi3yb7mm7h
@user-oi3yb7mm7h Рік тому
There is no place for even the minutest amount of dirt in our hearts. Alexandre Dumas once said that it is difficult to understand others, but the most difficult thing is to understand yourself. Never allow yourself to fall into any trap. Never allow the least karmic obstacle to take form, nor harbour any unwholesome thoughts in your mind.
@prathikponnanna4432
@prathikponnanna4432 Рік тому
BRICS should build better trust between the member countries! BRICS can become next superpower! It’s time India, Brazil becomes Permanent members of UNSC.
@icarus3797
@icarus3797 Рік тому
No positions should be given to India and Brazil in the security consil. They are neither developed nor stable. India can't be trusted for this important role. They can even use it against their enemy Pakistan which gives them an unfair advantage. Considering this ....big no. Also poverty and political instability is a reason
@blueblood-_-
@blueblood-_- Рік тому
UNSC is a Joke now. These days The most powerful nation is the one which has a giant GDP and least dependence on foreign lands.
@musfiqurrahman7906
@musfiqurrahman7906 Рік тому
It has members like India and China who are each others almost sworn enemy
@saltymonke3682
@saltymonke3682 Рік тому
pffffttt..... caste system
@ADayInTheLifeOfJames
@ADayInTheLifeOfJames Рік тому
Your immense populations & radical political ideology will consume you all.
@mirgolammowla3173
@mirgolammowla3173 Рік тому
BRICS will contribute significantly towards growth of the member countries . Those who r not members , will suffer significantly toward their negative growth at one stage.
@News_Watcher
@News_Watcher Рік тому
At least the BRICS are more genuine and do not economically bullying others! Wish these nations will drive the prosperous to the world.
@garedmorort
@garedmorort Рік тому
Cause the can't! think what you want but the reality is that the still depend on western markets and consumers to develop.
@ashokathegreat4534
@ashokathegreat4534 Рік тому
We will drive the prosperous the the 2 most important countries in Asia: India and China. Once they are 30+ trillion dollar economies which they are expected to be around 2045, they will be global superpowers. And they will lead Asia not nececarrily the world
@TraveltoBrazil
@TraveltoBrazil Рік тому
@@garedmorort the goal is to achieve freedom from dollar. If that is the goal so why would they bully?
@sadhusingh2907
@sadhusingh2907 9 місяців тому
Well said.Thanks.
@jehanchia457
@jehanchia457 Рік тому
More countries to join in the next 1-2 years. Saudi, Argentina, Egypt etc are prospect members.
@jascam1
@jascam1 Рік тому
I wouldn't trust the house of Saud nor the Egyptians they have been in the West's pockets for decades
@morganstanley1743
@morganstanley1743 Рік тому
Hello
@91137732
@91137732 Рік тому
I doubt Argentina will be joining any sooner
@fly463
@fly463 Рік тому
But the name will be brics forever 🎶 Brazil, Russia, India, China, South Africa
@juliam1395
@juliam1395 Рік тому
It's shows Goldman Sachs is always most influential 😂
@drewh3224
@drewh3224 Рік тому
Goldman Sachs involved itself in a worst corruption scandal in Malaysia called 1MDB with its Prime Minister who now serving his 12 years sentence in Malaysia. Both Goldman Sach's formal regional CEOs and employee were found guilty in Brooklyn and Manhattan Criminal Courts early this year.
@frenchyfries3551
@frenchyfries3551 Рік тому
todays headline was goldman laying off a ton of workers. web3 is the way
@sko1beer
@sko1beer Рік тому
Small hats want to profit from everything
@Mr0rris0
@Mr0rris0 Рік тому
We better thank moriarty
@someoneelse9059
@someoneelse9059 Рік тому
the people that own everything... OWN EVERYTHING!!! go figure.
@makuohua3071
@makuohua3071 Рік тому
Now This is Breaking News about BRICS Achievement from CNBC of UK . Total Advance enhancement is yet to Come BRICS is the Future along BRI no doubt in very Shortest span of Time .
@user-in2xe7di6p
@user-in2xe7di6p Рік тому
American politicians "if China and india go to war, this century is done for Asia"
@dsera2721
@dsera2721 Рік тому
hopefully that doesn't happen, we can continue to hate eachother but at the same time keep growing.
@user-in2xe7di6p
@user-in2xe7di6p Рік тому
@@dsera2721 I'm not going to hate you!
@rtx-sj8tr
@rtx-sj8tr Рік тому
@@user-in2xe7di6p we in this context means our governments buddy We have nothing against each other personally
@supbro125
@supbro125 Рік тому
@@user-in2xe7di6p nah India and China ain't going for any war
@thefourthhokage2930
@thefourthhokage2930 Рік тому
@@supbro125 👍
@Baianoh
@Baianoh Рік тому
Essas são potências naturais que tomaram seu lugar em um futuro próximo... O único risco são os conflitos entre índia e china tomara que eles se resolvam.
@brownbread848
@brownbread848 Рік тому
Os dois se resolvem ou alguem tem que sair senao o bloco não vai pra frente
@jeffbarbato1504
@jeffbarbato1504 Рік тому
Dark skinned people of this planet will have a Voice with BRICS.
@markwalters2970
@markwalters2970 Рік тому
I think this is the way to go for these countries instead of the means of war
@Madame702
@Madame702 Рік тому
No Mark Walters, these countries don't have a "Deep Water Navy" which mean rouge nations and pirate fleets will prey on there shipping. You see Mark for 70 years America has spilt it blood defending all shipping so long as a country side with us against the Soviet Union. But the Soviet Union fell 30 years, why are we defending Iran, India, and China again?
@johnchen9930
@johnchen9930 Рік тому
Just wait until Middle East nations, Mexico, Singapore, Malaysia, Indonesia, Argentine, Chile, Nigeria, Thailand, Burma, Vietnam, Philippines and North African nations to join BRICS to form the Power of Future League, PFL, replacing the corrupted colonialist controlled UN. There will be a new gold/silver based BRICS currency as world trade standard. EU is at its last breath while US, Canada, Japan, S Korea and Aussies are isolated to operate in the Pacific Rim. Euro and USD will not be the main global currencies. A new era of global trades will emerge by 2030. 😎
@Jonas-rr9lv
@Jonas-rr9lv Рік тому
I agree with you 💯 brother
@sko1beer
@sko1beer Рік тому
Canada Argentina and Thailand should make a group so we can have C.A.T
@edgardomartinez8455
@edgardomartinez8455 Рік тому
You said it right.
@_-_sinexus_-_
@_-_sinexus_-_ Рік тому
Would be cool but Russia and China are actively in the process of burning Bridges (Ukraine war, Belt and Road debt traps in Africa, India-China border tensions, the whole Taiwan and Hong Kong Situation, Uygur genocide...) so this probably isnt realistic for the near future
@adriansicario6261
@adriansicario6261 Рік тому
@@_-_sinexus_-_ What debt traps in Africa are you talking about?
@lapprenticurieux7317
@lapprenticurieux7317 Рік тому
BRICS victorious ! 🤭🤭🤭🤭🤭🤭🤭🤭🤭
@bernkoh343
@bernkoh343 Рік тому
Biden: l don't know why when someone mention BRICS, l always had a head pain.
@kaimingraymondchoi9909
@kaimingraymondchoi9909 Рік тому
Because BRICS blocks his already blocked head.
@chrisramos7904
@chrisramos7904 Рік тому
Go BRICS!
@jerronng6036
@jerronng6036 Рік тому
For a better world. Multipolar, cooperative n peaceful. Mutual respect n growths.
@greaterbayareahero1401
@greaterbayareahero1401 Рік тому
G7 advance economy? They don’t even have a proper rail system…
@yashsingh9002
@yashsingh9002 Рік тому
You need to search Longest rail network countries
@sonnyjohnson8887
@sonnyjohnson8887 Рік тому
What BRICS have in common ? They have territorial disputes .when they sort that out , they can be a force to reckon with
@grdev3066
@grdev3066 Рік тому
They have a desire to stay sovereign
@pppp-bh8ti
@pppp-bh8ti Рік тому
brics is not a military alliance lol
@ani4274
@ani4274 Рік тому
colonized by west and they are all uncivilized according to west.
@jerrycmattathil8862
@jerrycmattathil8862 Рік тому
@@grdev3066 ...... china & India disengaged in tdisputed region
@arnavranka4510
@arnavranka4510 Рік тому
@@jerrycmattathil8862 China still continues to occupy 1000s of km² of Indian land, which they captured in 1962. They disengaged after further encroaching into Indian land in 2020
@MrFooqair
@MrFooqair Рік тому
Very refreshing to see a factual, well investigated report without bias. I would add that NATO countries, particularly Greece and Turkey are always at each others throats. It's not just a BRICS thing.
@dblaze4745
@dblaze4745 11 місяців тому
BRICS Of gold👍🌞...
@cupakbaik3720
@cupakbaik3720 Рік тому
Malaysia should join this new powerful group...✌️🤝🇲🇾❤️
@toyotagaz
@toyotagaz Рік тому
No Stay out We would rather have Indonesia Not Malaysia
@shaishavupadhyay5620
@shaishavupadhyay5620 Рік тому
Japan is wrongly marked at 4:06 timestamp.
@CNBCi
@CNBCi Рік тому
Thanks for flagging. We've reached out to our graphic designer and will get her to fix.
@prashr4075
@prashr4075 Рік тому
Japan=Taiwan That is going create some claims by China now
@AbhishekSingh-zv2tn
@AbhishekSingh-zv2tn Рік тому
@John Brower bro human error damn you are on another level.
@user-hg2fx1rv4t
@user-hg2fx1rv4t Рік тому
@@AbhishekSingh-zv2tn 😅
@quagmire4412
@quagmire4412 Рік тому
@John Brower hahahha .
@klubcj
@klubcj Рік тому
This is good news for the world
@distantraveller9876
@distantraveller9876 Рік тому
No it's not, BRICS nations are ruled by autocrats and tyrants. These are countries with far too much power as it is, giving them control over the world's financial system and allowing them to consolidate power amongst themselves is just a bad idea.
@tejindersingh7297
@tejindersingh7297 Рік тому
1990. The Economist. China's economy has come to a halt. 1996. The Economist. China's economy will face a hard landing 1998. The Economist: China's economy entering a dangerous period of sluggish growth. 1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy. 2000. Chicago Tribune: China currency move nails hard landing risk coffin. 2001. Wilbanks, Smith & Thomas: A hard landing in China. 2002. Westchester University: China Anxiously Seeks a Soft Economic Landing 2003. KWR International: How to find a soft landing if China.. 2004. The Economist: The great fall of China? 2005. Nouriel Roubini: The Risk of a Hard Landing in China 2006. International Economy: Can China Achieve a Soft Landing? 2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing? 2008. Forbes: Hard Landing In China? 2009. Fortune: China's hard landing. China must find a way to recover. 2010. Nouriel Roubini: Hard landing coming in China. 2011. Business Insider: A Chinese 2012. American Interest: Dismal Economic News from China: A Hard Landing 2013. Zero Hedge: A Hard Landing In China 2014. CNBC: A hard landing in China. 2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing.. 2016. The Economist: Hard landing looms for China 2017. National Interest: Is China's Economy Going To Crash? 2020. Economics Explained: The Scary Solution to the Chinese Debt Crisis 2021. Global Economics: Has China's Downfall Started? 2022. Cathie Wood: China's COLLAPSE Is FAR Worse Than You Think 2022. Business Basics: China's Economic Crisis, GDP is Crashing, Protests Everywhere. China's financial crisis is Here.>..
@haadkhan140
@haadkhan140 Рік тому
What a message for the biased ones🤣👌🏽
@ujjwalkumar1624
@ujjwalkumar1624 Рік тому
oh wow they have been doing this for a while now!
@kuga7423
@kuga7423 Рік тому
What about India? All i heard is just how India has become a scammer nation, targeting especially elderly and lonely women. What a country 🙄 i would not be proudly say that i am from India with such a track record. Cheating, stealing and lying and then praying to be cleaned of all those dirty money?
@user-kk5oi8uv6n
@user-kk5oi8uv6n Рік тому
Lmao
@philliphsieh83
@philliphsieh83 Рік тому
I support Brics!
@hellojapan915
@hellojapan915 Рік тому
10:16 they didn't show slum. Shocked
@RaySmith79
@RaySmith79 Рік тому
Did they ask anyone about what China did to Sri Lanka and robbed them of their ports, they themselves built?
@write2impact608
@write2impact608 Рік тому
Nah. The western world did that.
@lindokuhlempeta690
@lindokuhlempeta690 Рік тому
👍Up to the BRICS
@barrysingh8813
@barrysingh8813 Рік тому
China is already making loans. Russia and China are working together for an alternative to the us dollar. The days of the us dollar are numbered.
@kaimingraymondchoi9909
@kaimingraymondchoi9909 Рік тому
China and Russia needs India. India will within 10 years become one of the strongest nation on earth.
@calpag
@calpag Рік тому
We need an alternative to Google so that conversation wont suddenly get cut off.
@somethinglikethat212
@somethinglikethat212 Рік тому
You know who controls Google right? How else did it become so large and profitable. All cause they gave up so many of peoples privacy rights. All legal
@Cojiro00
@Cojiro00 Рік тому
I think the nex year wull be a great change in BRICS because of the New members entrance and Brazil's Lula backs. Uf they really create a new currency, so I believe it will be the real prove that now we have a multipolar world.
@sunnycriti9809
@sunnycriti9809 Рік тому
BRICS is a step forward I think to create a more balanced world
@pax4370
@pax4370 Рік тому
Like obviously the goal is to establish an alternative to dollar dominated trade and for that you need substantial powers collabing.
@skanthaadsigns
@skanthaadsigns Рік тому
From BRICS to 1MDB, really stellar
@NB-ei4vr
@NB-ei4vr Рік тому
How can you compare BRICS and 1MDB?
@jt-vj4sl
@jt-vj4sl Рік тому
Dream on. The two biggest ones are at each other throat.
@ashokathegreat4534
@ashokathegreat4534 Рік тому
We are at each others throat but still are economies are growing at a rapid pace. Unlike any other.
@scarletreimi9565
@scarletreimi9565 Рік тому
BRICS is hope for small and developing countries. we cannot just sit and deal with inflation whatever the US and the EU print money. if the money back by gold and raw materials happen again. inflation will keep in check. it may slow for development but everyone will get their fair share not just Billionaires
@NikhilAngadBakshi
@NikhilAngadBakshi Рік тому
Small point but it would've been so much easier to follow the GDP plots if more obvious colours were chosen for countries. Like red for China and green for Brazil.
@welwitschia3756
@welwitschia3756 Рік тому
Saffron for India 🥰
@wanalan9958
@wanalan9958 Рік тому
This grouping is much more fair.
@IllusiveDude
@IllusiveDude Рік тому
I think there are other better performing countries than South Africa.
@bukaevalek
@bukaevalek Рік тому
But South Africa starts with S
@NhlanhlaMathe
@NhlanhlaMathe Рік тому
Cry some more
@solomonokoli212
@solomonokoli212 Рік тому
There are many industrialized developing countries with much larger emerging economies than the RSA, but most are neutral or none aligned or already part of an economic bloc. Indonesia, Mexico, Thailand, Philippines, and Argentina, to name a few
@jayeshmonlbs
@jayeshmonlbs Рік тому
Its the representative of whole africa. There are other options too like Egypt, kenya algeria etc. Brics is not only about power projection. Also about inclusion and opportunities.
@NhlanhlaMathe
@NhlanhlaMathe Рік тому
@@jayeshmonlbs A person with malice and bigotry in their heart wouldn't understand this
@usun_current5786
@usun_current5786 Рік тому
Well done
@Oyzatt
@Oyzatt Рік тому
Im hopefully this will bring the change we are all seeking.
@jacquesoosthuizen765
@jacquesoosthuizen765 Рік тому
Brics,the dream team
@eltonmunizmarinho_slaGirtab
@eltonmunizmarinho_slaGirtab Рік тому
Que em breve o #BRICS torna-se o BRICS+, com a entrada de novos membros, como México, Venezuela, Arábia Saudita, Turquia, Nigéria, Angola, Irã, Argélia, Kuwait, Emirados Árabes Unidos, Bahrein, Catar, Indonésia, Malásia, Filipinas, Egito, Argentina etc.
@ashokathegreat4534
@ashokathegreat4534 Рік тому
Turquia❌ Catar❌
@beatrizmenezes8690
@beatrizmenezes8690 Рік тому
Venezuela?
@eltonmunizmarinho_slaGirtab
@eltonmunizmarinho_slaGirtab Рік тому
@@beatrizmenezes8690 o mais importante para o BRICS são os recursos dos membros (no caso da Venezuela, o petróleo), uma vez que a ideia é a independência frente ao dólar. A economia do BRICS é baseada nas commodities. Uma vez que a Venezuela é o país com a maior reserva petrolífera, ela se torna um grande candidato. O problema da Venezuela são as sanções e as dificuldades frentes ao dólar. Sem essa hegemonia da moeda americana, países sancionados deixam de ser tão prejudicados.
@leekh2125
@leekh2125 Рік тому
👍👍👍 well done.
@aliyap4580
@aliyap4580 Рік тому
Brics help & bring the world alive. ,,👍👍👍
@wenling3487
@wenling3487 Рік тому
SCO is a much more influential organization
@Kid_Ikaris
@Kid_Ikaris Рік тому
I like how it was originally BRIC's then South Africa claimed the S
@finaldaylight3804
@finaldaylight3804 Рік тому
so typical of us south africans lol
@Kid_Ikaris
@Kid_Ikaris Рік тому
@@finaldaylight3804 all in all, great move 👍
@ashokathegreat4534
@ashokathegreat4534 Рік тому
South Africa, Turkey, Qatar, Brazil dont belong in BRICS
@elainelindseyrampertab1945
@elainelindseyrampertab1945 Рік тому
@@Kid_Ikaris south africa has the biggest port in africa, countries need raw materials with south africa has. especially platinum which is used in alot of stuff from pacemakers to electronics. Only 13 countries have platinum and south africas reserves is higher than the other 12 put together
@Kid_Ikaris
@Kid_Ikaris Рік тому
@@elainelindseyrampertab1945 definitely deserved. Just pointing out what a sly move they made.
@jeprotable
@jeprotable Рік тому
Brilliant #brics 👏 👏
@r1a933
@r1a933 Рік тому
No more u.s war benefiting. Go BRICS a hope for humanity ❤️
@harithakur418
@harithakur418 Рік тому
BRICS currency now
@frankfrankfurtde9130
@frankfrankfurtde9130 Рік тому
Bientôt plusieurs membres des BRICS Iran 🇮🇷 argentine 🇦🇷 Indonesia 🇮🇩 Vietnam 🇻🇳 Thailand 🇹🇭 Arabie saoudite 🇸🇦 nigéria 🇳🇬
@Hamerti388
@Hamerti388 Рік тому
Argentina no
@nusaibahibraheem8183
@nusaibahibraheem8183 Рік тому
@@Hamerti388 why not?
@lah6739
@lah6739 Рік тому
Go BRICS go!
@ruelempuerto5529
@ruelempuerto5529 Рік тому
Great move 👍🏻👍🏻👍🏻
@mercedesbenz3751
@mercedesbenz3751 Рік тому
Brazil has potential, it's bigger and greener than India. However there are some countries I know, which do not want Brazil to move ahead, like they do not want India to move ahead too. . The great Murica, the global policeman of the world.
@rohit-ru5nm
@rohit-ru5nm Рік тому
Yeah , brazil has much more land and more resources India lacks resources as well as land for its 1.4 billion population
@lordbloodraven9347
@lordbloodraven9347 Рік тому
Greener land don't make people rich
@Hamerti388
@Hamerti388 Рік тому
@@lordbloodraven9347 But it starves. Brazil produces a lot of food, 1/3 of the world's food. So much so that, if the world collapses, the people of Brazil can live peacefully, because in addition to a lot of food, it also has a lot of fresh water . A dome can be built under Brazil, which will not be harmed at all.
@improbablynotahooman5782
@improbablynotahooman5782 Рік тому
@@Hamerti388 same goes for India, China and to some extent Russia also as these all countries are majore exporters of wheat, Rice (Excluding Russia), fruits and vegetables. This means that in a condition of food shortage or drought, these countries can ban all food exports that will save them but will starve millions to death in rest of the world.
@vanapalliprashanth7521
@vanapalliprashanth7521 Рік тому
i guess u dont know much abt economics and finance . there are various factors that impact an economies wealth . if land is the only criteria then russia would have dominated the world , considering its population . but the factors that impact are way more than that ,a counries demograpics helps the country to achieve a lot more than just land they hold control over . u can see singapore as an example . the area they hold is almost ntg ,but they do achieve signifant progress over the years
@pecelirovucago7149
@pecelirovucago7149 Рік тому
I vote for BRICS! Thanks.
@devinnlimbu7989
@devinnlimbu7989 Рік тому
WOW😍 BRICS😎
@luthandonontshakaza2071
@luthandonontshakaza2071 Рік тому
Thank you former president jz zuma for letting us sacans to join the bricks, now we can see some of your work.
@ramakalimireddi9083
@ramakalimireddi9083 Рік тому
If BRICS wants to be stable and strong China has to be good with there neighbors and should not occupy any neighbors borders, if China is nice to every body China can grow more economically.
@theraven5850
@theraven5850 Рік тому
Lol, ya right. All BRICS has to do is take Taiwan and they can cut the rest of you off from having semiconductors causing the G7's military to fizzle out and while their economies collapse. The fact that no one in the west is talking about the strategic importance of Taiwan or even begin to understand how important it is to me is absolutely Mind boggling. But hey, if looking progressive is more important than being smart than I hope the G7 fizzles out. They're not smart enough to lead us into the new age if that's the case.
@yttean98
@yttean98 Рік тому
CNBC should make more of this kind of semi-docu(*) with a BALANCED view and reporting. Ms Anwar does a good job. * the info(content) in this kind of report must be accurate and not just pure ideological content and bias to boot.
@yttean98
@yttean98 Рік тому
@@ryanchristiansen Have you heard of free speech, also a balanced view is associated with loyalty, what sort of argument is that. Where are you educated?
@hotelpro8285
@hotelpro8285 Рік тому
Very,very smart.
@javaautomaddy6916
@javaautomaddy6916 Рік тому
They should bring digital uhan as trade currency and cut the dollar dependency
@sumitbhatt766
@sumitbhatt766 Рік тому
Rupee is better option. India is democracy with complete transparency
@shahidbaig8776
@shahidbaig8776 Рік тому
@Cool Sparkz are you kidding me? It's just surpasses uk to become 5 th biggest economy
@_UCS_SwapnilSahaiSrivastav
@_UCS_SwapnilSahaiSrivastav Рік тому
@Cool Sparkz ofcourse we are totally gonna ignore there were two devastating waves of covid in between, which affected the indian people and it's economy a lot, still india managed to bounce back strong
@8bhushan8
@8bhushan8 Рік тому
we need alternative to everything, having everyone rely on mercy of one country or a block has shown how much of a bully that side become
@muszaharmdsaad3891
@muszaharmdsaad3891 Рік тому
They had finding the Gold reserve before from the banker before using currency for trade or barter system in their business
@waichong9389
@waichong9389 Рік тому
Peace and love ❤️ win win 🏆 🙌
@StPiter111
@StPiter111 Рік тому
Thanks to China and India for their support😎
@TheDavidtk240
@TheDavidtk240 Рік тому
If the US and Canada will remove this climate change delirium currently affecting their thinking with the addition of Mexico, a North American counter to BRICS could easily be established.
@iraaus
@iraaus Рік тому
It could, but at the world stage it could not compete.
@JK-gu3tl
@JK-gu3tl Рік тому
@@iraaus nonsense, with strong immigration it can get there.
@TheDavidtk240
@TheDavidtk240 Рік тому
@Meme Memeson I think you are being somewhat petulant and shortsighted. It was the Obama administation that promoted Fast and Furious which was an obvious mistake. This was roundly criticised by many people when it was finally revealed. The US has many economic ties to Mexico and should be respected accordingly. More importantly, the fastest growing minority in the US are Mexican Americans. They have become an integral part of our economy. Trust me, if the US, Canada and Mexico were to become an economic force like the supposed yet possible impact of BRICS it could be amazing.
@TheDavidtk240
@TheDavidtk240 Рік тому
@@JK-gu3tl Well, I'm for immigration...but at a measured level. I'm not advocating the destuction of national culture at the expense of "national identity". This is an overlooked identity in today's identity politics. At the risk of being vulgar, the US, Canada and Mexico must injest then digest the immigrant population. I hope this will happen at a sensible level. BTW, China has developed an oddly, very passive aggressive colonial strategy.
@sumitbhatt766
@sumitbhatt766 Рік тому
@@TheDavidtk240 Indians will enter every country and work from within anyways
@joezhou7499
@joezhou7499 Рік тому
Is it better for the countries to work together?
@liowpohhuat9107
@liowpohhuat9107 Рік тому
Indonesian must joint BRICS to be new economy powerhouse
@hexbinoban6170
@hexbinoban6170 Рік тому
Saudi Arabia, Turkey and Argentina may join soon. Even Iran
@ashokathegreat4534
@ashokathegreat4534 Рік тому
Turkey and Iran can only join if India approves. islamist thug nations dont belong in there but I learned in geopolitics all that can be put aside. For me, China, India, Russia, South Africa, Brazil is enough
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