BRICS is something which people seem to have strong feelings about. For india and china who are rivals, BRICS may offer mechanics which enable them to manage their rivalies, especially given what may be seen as the declining influence of the UN (have people noticed that the massive moon landing India is not even a security council member!).
> BRICS is something which people seem to have strong feelings about. For india and china who are rivals, BRICS may offer mechanics which enable them to manage their rivalies, especially given what may be seen as the declining influence of the UN (have people noticed that the massive moon landing India is not even a security council member!).
BRICS gets strong feelings because it's an made-up economic bloc created by Goldman Sachs in 2001 as a way to describe powerful developing economies. A few ETFs / Index funds were created based on that... and mostly fell apart, since all of the growth was in China.
Brazil is something of a high-tariff basketcase, South Africa is a borderline failed state and can't keep the lights on, Russia is eviscerating itself in Ukraine and looking at demographic collapse regardless of how many Ukrainian kids they kidnap, and China v India isn't cooling down -- they just had a sword & rock fight in the mountains not too long ago. Like, one of my big bets for 2000-2100 AD is a Chinese-Indian War, which has the potential to end life on Earth, much like US-USSR MAD fears did 90 years ago.
> For india and china who are rivals, BRICS may offer mechanics which enable them to manage their rivalies
BRICS has been totally absent in the Sino-Indian conflict [1]. Given China and India are its anchor economic heavyweights, and Russia an emerging Chinese suzerainty, it’s in nobody’s interest to bring that issue to the forum.
People outside the BRICS sphere of influence don't want to see that rivalry be resolved through economic means - they'd rather profit (through their own military industrial complex' investments) from the turmoil that comes from invalidating BRICS as a concept within their own sphere.
However, there are billions of people within the BRICS context. Billions and billions. I think this is why Western-aligned folks are in such fear of it as a concept for world diplomacy.
