47 sats \ 2 replies \ @Satosora 18 Aug \ on: BRICS grow into a strong energy alliance with growing pricing power news
Brics is run primarly from china.
Once their economy tanks, they will be borrowing from brics.
Then others will topple and it will get worse.
in economics, however, we always have to think in relative terms. i don't see, for example, how the european union with its socialist approach would be competitive in any form in the future. the europeans will have to buy energy from these countries and they will dictate the prices. that is power