• Trudge [Comrade]@lemmygrad.ml
        link
        fedilink
        arrow-up
        27
        ·
        1 year ago

        Goldman Sachs named BRICS. It was originally meant to be a “hottest place to invest” thing for investors. That’s why South Africa is in the original group, when it honestly doesn’t match the other 4 in size or influence.

        They were probably going to come together anyways, but South Africa being part of the original 5 is due to Goldman Sachs imo.

        • Amaltheamannen
          link
          fedilink
          arrow-up
          17
          ·
          1 year ago

          SA has a good amount of natural resources even if their population and economy is smaller.