https://i.imgur.com/eipugIu.jpeg

Jim O’Neill, former chief economist at Goldman Sachs, in 2001 argued that Brazil, Russia, India, and China would be the key drivers of global economic growth, coining the term “BRIC.”

China and India might. Brazil is considerably smaller and going to just pull less weight, unless something changes. Russia is heading in the wrong direction in 2024.

Trying to please the old and the new Lord simultaneously and probably getting pushed by both

I don’t know anything about economics but this is an interesting and recent Chapo podcast on the topic: https://youtu.be/rq5vxvS615Y

Iirc they say putting an embargo on countries will cause a cascade with all banks that use USD. They extend this to suggest that the US has sanctioned a third of the planet overall.

Media Bias Fact Check | bot support