Post
Topic
Board Economics
Re: 11 more countries just joined BRICS this week
by
pooya87
on 25/07/2025, 05:00:52 UTC
China founded BRICS because nobody was inviting it to the “grown-ups club” — the G7. Developed countries still don’t see China as an equal. At some point, Xi Jinping, wearing his ‘eternal Mao’ suit, decided to flex muscles by expanding BRICS with a bunch of raw-material satellites — to shake the dollar’s dominance.

But the moment this expansion started smelling like real responsibility and potential loss of access to US and EU markets, China quietly stepped back. That’s how it works.
Thanks for the explanation.
You are missing a couple of things though. You are forgetting that after NATO started its proxy war with Russia, their economy started weakening and the more the EU economy got destroyed the more they became dependent on China. For example the German automotive industry that was once strong became bankrupt and it is now mostly owned by China.
So your logic about BRICS making EU markets less accessible to China is wrong.

It's the same with US as well. US economy depends on China as much as Chinese economy depends on US, if not more! Look at how the Trump's economic war with China has hurt the US economy and how Americans are calling the US regime a fascist regime because of what Trump did to their lives!

That’s exactly why Iran is now getting American and Israeli bombs,
That's all about natural resources (Iran has the largest supply of oil+gas in the world) which the West desperately needs these days.
And that was one of their stupidest moves they'd ever made which is why 4-5 days after they started that war against Iran, they started begging for ceasefire as Iran continued bombing the hell out of them. Half of Israel is completely destroyed and by the 12th day when Iran bombed the hell out of the US regime's central command in Qatar, Trump started begging for a ceasefire...