2/22/2025

Does BRICS need India or India needs BRICS?

 Let us talk about India and whether it is leaving BRICS. Now, let us be more circumspect. Does BRICS need India or India needs BRICS? Who needs who to benefit from the threat? What has India got to offer in BRICS so far, other than trying to sabotage the agenda of de-dollarization. India is in fact against de-dollarization, and it does even support the idea of a BRICS currency, professing to want to internationalize the rupee.


What I believe is that India is more realistically trying to sabotage the idea of a BRICS currency, preferring to support the US$ instead. India needs the US$ for trade as the rupees is shunned by everyone. In BRICS, the rupee is not even a widely accepted currency for trade at all outside the US$. This does raise the suspicion that India is either a real Trojan Horse planted, or should I say bought by the USA to break up BRICS.

When India does leave BRICS, we can be sure there will be much propaganda being fabricated to promote the idea that BRICS is breaking up. BRICS will not die because of India. In fact, BRICS will not die even with Trump gloating about further attempts to de-dollarize will kill BRICS under his hand.

In honesty, the USA could not even kill off a Chinese company like Huawei, even with the help of all its allies, cronies and doggies like India. The USA could not even kill off the Russians, after all the gloating about making the Ruble turn to rubbles and Russia collapsing. Even with all the threats and posturing about Russia having no friends, many countries are trading with Russia and benefitting from cheaper Russian energy and making a fortune out of it.

Anonymous

3 comments:

Anonymous said...

Now the USA needed urgently to pass laws to kill Rednote and DeepSeek since it cannot compete with them. Instead of taking up the challenge to innovate in order to compete, the USA is basically taking the easy way out by banning, sanctioning and threatening. Raising tariffs to high heaven is not going to encourage innovation. More likely it is going to stifle innovation in the US going forward.

China has benefitted largely because the USA is behaving like an ostrich, burying its head in the sand when facing danger. The head may be saved by being in the sand, but the body will be at the mercy of the predator.

DeepSeek was the big shock that the USA encountered. And the other bigger shock was that DeepSeek was the brainchild of just a couple of young graduates from China's own universities, not the kind of innovation that depended on 'long in the tooth' old timers unable to think out of the box.

According to Kevin Walmsley, the USA could not believe that top Chinese Universities were turning out such outstanding students and tried to dig deeper into the issue, trying to find out whether there were people educated in Western Universities teaming up with them and providing the expertise to help them. They were disappointed that the brains behind DeepSeek's innovation all came solely from top Chinese Universities, Beijing and Tsinghua, all without any education derived from Western Universities.

Not being convinced they dug even deeper to try to find out whether the Professors who taught these geeks were culled from Western Universities and research establishments and imparting their knowledge to these young Chinese scientists. They found out that those professors were themselves all cohorts from Chinese Universities.

Now there is an awakening about Global University rankings that failed to take into account the research papers written by Chinese University researchers just because they were all written in Chinese. The realization struck them like a bolt of lightning. They only started realizing this when China became the dominant player in high-speed rail construction, EVs, batteries, shipbuilding, space exploration, telecommunications and catching up in aviation, semiconductors and nuclear research and development.

Too little too late I would say. Even without any Mainland Chinese Nobel Prize winners in any category to gloat about, China is producing cutting edge technology in many fields. Too much arrogance, too deeply entrenched in superiority complex mentality and looking down on China for far too long is a price to be paid by the USA today.

Anonymous said...

For those countries still trying, thinking and dreaming that the USA and EU are their markets to aim for, they are delusional. How much do they expect to sell in the USA and EU compared to the Global South and BRICS? How big is the population of the USA and EU compared to the Global South?

After all the exposure by Rednote, countries must realize that people in the USA and the West are no longer the norm in having most of the spending power. Some living in USA needs two to three jobs to pay for food and a roof over their heads, not to talk about having anything left to afford spending on other things. That era is gone, and this is the century of wealth migrating to the East. Of course, the top 1% are still going to be counted and being gloated about in the USA and the West compared with other countries in the East.

When businesses in Asia, Europe or USA talk about spending, they often mention Japanese and Chinese tourist as valuable customers with spending power. China is a big market for Western big names and its importance is not to be sniffed at. It would not be far-fetched to say that almost any Global big name has a strong foothold in China, in a market they cannot do without.

They used to say that 'when the USA sneezes, the world catches a cold'. This is no longer the truth. Trump can gloat about bringing back manufacturing back to the USA, sanctioning companies that refused to do manufacturing inside the USA, erecting high tariffs against imports all to no avail. The USA must match its ambitions with realistic capability to carry them out. The USA does not control raw materials needed, does not have the logistics to refine them, does not have the skilled manpower to carry out the rebuilding, does not have the capability to produce cheap enough goods to compete on the global market. Talking and boasting is easy, doing it is not that simple. How long are all these going to take to come to fruition? By the time the next administration takes over, it is still in evaluation stage.

Anonymous said...

The USA can't even kill a company like Huawei and Trump wants to kill BRICS? That is how delusional he is!