4 ms·

BRICS is just an acronym, it is void of any meaningful significance other than that. Edit: "oh but it's an actual organization" yeah with still very little sig

BRICS is just an acronym, it is void of any meaningful significance other than that. Edit: "oh but it's an actual organization" yeah with still very little significance between pretending it's anything but a convenient proxy for the bigger members

diggan 1y ago
> BRICS is just an acronym, it is void of any meaningful significance other than that. I think your understanding of BRICS might be slightly outdated, did you read about the last time in the late 90s or something? It's beyond just an acronym today, with institutions actively involved, new initiatives and more.
impossiblefork 1y ago
I don't think, just an acronym, but my impression is that the only thing BRICS or BRICS+ agree on and are actively co-operating to achieve is collectively getting off the dollar and ending the effects of the so-called exorbitant privilege on themselves.
- owebmaster 1y ago
  If that is the "only" thing, it is quite the ambitious goal
  - impossiblefork 1y ago
    Maybe, but should it really be hard? Either one gets rid of the oil trade-- which I think is quite feasible, then the need to acquire dollars to buy these products goes away, so there's nothing more needed, or one negotiates something with one of the many countries which either have or could acquire the ability to produce oil where one bypasses the dollar trade. Maybe, if they didn't have Russia in the group and had talked to more people about the sanctions, something like 'we need this, and the alternative is Russia-- can't you be flexible and not sanction Venezuela', they could have even used Venezuela.
gchamonlive 1y ago
It's an actual organization actually, founded in 2009. They hold meetings globally, the next one set to be held here in Brazil in 4 days. Since it's an organizational to align economic goals among other topics, it's not unthinkable to have these kinds of discussions about progressive taxing. We can question the real effectiveness of BRICS for actually taxing the rich more extensively, but it is surely much more than an acronym.
- v5v3 1y ago
  Yes. It is the 2nd most powerful alliance after the USA/Canada/Australia/Europe one. India seem a flaky member of the Brics, but rest seem very committed.
- raverbashing 1y ago
  Yes. An organization that lacks any meaningful action besides bureaucratic merry-go-around It's a puppet show essentially
  - gchamonlive 1y ago
    Completely orthogonal to it being an organisation and not an acronym
    - deleted 1y ago
      [deleted]

diggan 1y ago

> BRICS is just an acronym, it is void of any meaningful significance other than that. I think your understanding of BRICS might be slightly outdated, did you read about the last time in the late 90s or something? It's beyond just an acronym today, with institutions actively involved, new initiatives and more.

impossiblefork 1y ago

I don't think, just an acronym, but my impression is that the only thing BRICS or BRICS+ agree on and are actively co-operating to achieve is collectively getting off the dollar and ending the effects of the so-called exorbitant privilege on themselves.

owebmaster 1y ago
If that is the "only" thing, it is quite the ambitious goal
- impossiblefork 1y ago
  Maybe, but should it really be hard? Either one gets rid of the oil trade-- which I think is quite feasible, then the need to acquire dollars to buy these products goes away, so there's nothing more needed, or one negotiates something with one of the many countries which either have or could acquire the ability to produce oil where one bypasses the dollar trade. Maybe, if they didn't have Russia in the group and had talked to more people about the sanctions, something like 'we need this, and the alternative is Russia-- can't you be flexible and not sanction Venezuela', they could have even used Venezuela.

gchamonlive 1y ago

It's an actual organization actually, founded in 2009. They hold meetings globally, the next one set to be held here in Brazil in 4 days. Since it's an organizational to align economic goals among other topics, it's not unthinkable to have these kinds of discussions about progressive taxing. We can question the real effectiveness of BRICS for actually taxing the rich more extensively, but it is surely much more than an acronym.

v5v3 1y ago
Yes. It is the 2nd most powerful alliance after the USA/Canada/Australia/Europe one. India seem a flaky member of the Brics, but rest seem very committed.
raverbashing 1y ago
Yes. An organization that lacks any meaningful action besides bureaucratic merry-go-around It's a puppet show essentially
- gchamonlive 1y ago
  Completely orthogonal to it being an organisation and not an acronym
  - deleted 1y ago
    [deleted]