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.
29 sats \ 1 reply \ @TomK OP 3 Nov
Russia's debt is below 25%. India far below of the EU'S or US. China could be the sinker. What an irony after 20 years of hype
reply
Yeah, China's printer go brrrrrr and BRICS goes as China goes (at least for now).
reply