• cygnus@lemmy.ca
    link
    fedilink
    English
    arrow-up
    37
    arrow-down
    1
    ·
    14 hours ago

    As I feel the need to say every time it’s mentioned, BRICS is made-up nonsense fabricated by Goldman Sachs to sell third-rate equities. Think about the relationship between the countries of “BRICS” and ask yourself if that sounds like an actual alliance.

    • gwilikers
      link
      fedilink
      English
      arrow-up
      2
      ·
      6 hours ago

      This is intreresting. What is the connection between GS and BRICs? How does it help them sell equities?

    • HobbitFoot @thelemmy.club
      link
      fedilink
      English
      arrow-up
      17
      ·
      13 hours ago

      It has become a diplomatic talking shop similar to the G7. There has been pushes from some member states to make it more, including creating alternate financial systems, but it has been slow growing.

      • Dainterhawk999@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        edit-2
        15 minutes ago

        Turtalous growth because of the so many differences in political, economical, ideological between the participating countries which results in shitload of epic proportions

      • NOT_RICK@lemmy.world
        link
        fedilink
        English
        arrow-up
        8
        ·
        11 hours ago

        Russia got all pissy with Kazakhstan just this week as a result of them not joining the BRICS

        • bobs_monkey@lemm.ee
          link
          fedilink
          English
          arrow-up
          9
          ·
          10 hours ago

          Nothing like fomenting trust in a global financial transaction system by threatening potential user nations.