Quote from: DanWalker on July 16, 2025, 05:50:06 PM

Quote from: tottong on July 15, 2025, 02:10:42 AM

Quote from: atookz on July 14, 2025, 01:58:39 PM

BRICS has great potential to continue growing and play a significant role in the new world order. As more countries join, BRICS can become an increasingly influential force in shaping the future of the global economy and politics. BRICS needs to continue strengthening internal cooperation and improving policy coordination to address existing challenges. BRICS must also continue to strive to create a more just, inclusive, and sustainable world order so that it can attract other countries to join. I am confident that in the future, more countries, especially developing countries, will continue to join BRICS. This is because BRICS can open broader market access and strengthen economic and diplomatic cooperation.

This polarization was created as a step to find solutions to global trade, cooperation, economics, and politics for each joining country. If I understand correctly, BRICS itself also provides the option of trading using its own currency so that each country feels sufficiently advantaged.
Some observers even say this concept is inseparable from efforts to eliminate the power of the dollar in global trade, as using such a method would be very detrimental to most countries.
Opening broader market access depends heavily on each participating country, as market access depends on the export value of whatever commodity each country is trying to offer.
This step is indeed a good one, as it provides space for each country to seek independence in any form of cooperative relationship.

BRICS is probably the biggest step taken to have self-sufficiency and moving away from dollar, now 11 countries, representing 40% of the global economy and 50% of world population. afaik they are busy uplifting local currency trade near around 90% intra-BRICS short out in member currencies, also brought BRICS Pay to make it faster. Still i have doubt cause internal policy differences and China's dominant influence could hinder cohesion. China wants to be one of the biggest superpower in the world. I think China is already an economical superpower. So of course they will try to leverage that somehow. If they pull it off, it could reshape global trade dynamics, for that they will have to work together

China and Russia are trying to involve other countries in the world, either in terms of alternative thinking to the dollar/formation of economic alliances or in any way to implement the underlying strategy, but this is not an easy matter, it involves a huge equation of interests and world politics. Small and weak countries will not be able to free themselves from US influence so easily because they are already influencing and financially supporting every level of the state. China controls approximately about 19% of the global economy's GDP and the US controls about 24%-26%. BRICS can try to pull those weak countries out of US influence, especially if China and Russia play a more leading role but this will lead to a complex equation.

Therefore, the process through which the balance of power is being tried is likely to be successful in stages because the relationship between the United States and NATO countries has deteriorated and distance has been created due to the war with Ukraine and Russia.