3/29/2023

BRICS rising.......G7 falling


As someone already mentioned, BRICS, which are mostly made up of countries in the Global South, with the exception of Russia, have already a bigger GDP nominal and PPP terms compared to the G7. When Middle East countries are in the fold, expect BRICS to be even more of an economic clout compared to the G7, whose share is dropping quite noticeably.

BRICS is expected to grow further with more countries joining, particularly from the Middle East and Central America. Mexico is not a small economy that just joined BRICS. BRICS will become the biggest economic bloc in time to come. And with trade the foundation of the grouping, it will greatly benefit all member countries. Aspiring members know that this is the greatest benefit they can get from the expanding BRICS market, with just the Chinese and Indian market already so vast with potentials.

With the EU suffering de-industralisation over cheap energy unavailablity, the situation is going to get worse. Sure there are short term energy alternatives for them, but what about the long term. Buying expensive energy from the USA going forward is not sustainable. And the EU countries will be competing against the likes of China and India, both of which have access to cheap energy from Russia and can still make products much more competively. How is the EU going to compete? Only way is by moving manufacturing to China and India and hollowing out the EU's industrial base. Not a good sign for the EU going forward.

Even Little Britain, already out of the EU, is not spared. Now Scotland is very serious about leaving the UK and Little Britain had to resort to use of coercion to restrain the move. It will not succeed and will only be a matter of time before Scotland exit the UK. If Scotland ever leaves the UK, who will take control of the North Sea Oil is the question. And that is a very important issue for the UK, especially with regard to energy. Little Britain's inflation just rose to 10.4% in February.

More strikes are looming in Little Britain. Macron is hanging by his bootstrap with protest getting more widespread. Israel is also in chaos. Another shooting in the USA with 6 dead on top of the devastation of mutiple hurricanes hitting the country repeatedly. Karma is working for all the crimes committed against humanity by the Anglo Saxon Whites.

Anonymous 

2 comments:

Anonymous said...

Seems that most of the shootings in the USA are made by mentally unsound people. With mentally unsound people having access to assault weapons, the outlook going forward for USA is not going to be good. When the time comes, those that live by the gun will die by the gun.

All the years of talk about reining in the proliferation of guns, nothing seems happening. How did this shooter bought so many of her weapons illegally is beyond imagination. Would terrorist be able to do the same and procure weapons just like her? Each successive administration talks about passing gun laws to control weapons sale each time a shooting takes place, but it looks like the gun lobby is stronger and has more leverage over the authorities.

And that stupid pronouncement that guns don't kill people, and people kill people really says it all.

Anonymous said...

The protest in France is not all about the pension issue. The MSM makes it as the only issue having to do with the protest. It is more than that.

What the MSM does not report on is that the protest is also about getting France out of Nato. This is the hidden problem that the West does not want to be highlighted. For years now, France had been talking about ditching Nato, but had been threatened from doing so. The Ukraine War had ignited the issue into a bigger controversy.

If France ditches Nato, the German people in particular will definitely want to follow suit. Germany today lost out big by being part of Nato. Germany, under pressure from the USA, has to take the lead in order to convince fellow members of Nato to follow the USA agenda. The German people are not so convinced of the benefits and are aware of the risks, most of which are already causing severe detriment to the German economy. With cheap energy no longer available, any ordinary German knows what lies ahead. It may be too little too late for Germany by betting on the wrong horse.