47 sats \ 2 replies \ @Undisciplined 3 Nov \ on: BRICS: Flight Into Gold Began With The GFC charts_and_numbers
This only really makes sense if these countries get themselves off the debt spiral. Even then, the West won't just go along with making massive net transfers to the BRICS.
My guess is that this will end with massive defaults on the US/EU debts held by BRICS members. Obviously, they'll pretend it's because of some sort of human rights violations.