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BRICS overcame the G7 economically in 2018 with the difference growing sharply since then. [1] Currently BRICS has about 36% of the world GDP vs about 30% for G
by somenameforme 10mo ago
BRICS overcame the G7 economically in 2018 with the difference growing sharply since then. [1] Currently BRICS has about 36% of the world GDP vs about 30% for G7. The world is changing far faster than most realize. Back in 2000 it was 43% for G7 vs 21% for BRICS. The world's changing a lot faster than most people realize.
As for people voluntarily fighting for a country - I think that's certainly a noble cause. Not only the cause itself, but because it exemplifies that the leaders of that country have shaped a system that people are willing to die, and kill, over. It's a validation of a society. Of course it can also be a proxy for desperation - as you mention Russian enlistment offerings are rather extremely generous, but at least it remains a system that people opt into knowing full well what it entails.
But on the other hand I find forced conscription barbaric. You are taking people who do not believe something is worth dying over, and forcing them to die, and kill, over it. I think it will be something looked upon in the future like we look upon slavery today. Is it a necessary evil? Maybe, but people argued the exact same of slavery in the past as well.
[1] - https://www.statista.com/statistics/1412425/gdp-ppp-share-world-gdp-g7-brics/ https://www.statista.com/statistics/1412425/gdp-ppp-share-wo...
- jquery 10mo ago>GDP in terms of PPP only relevant for local buyers, world economic power is still denominated in GDP, a flawed metric yet one that can’t be gamed. And G7 > BRICS by far in this
- somenameforme 10mo agoA dollar by itself is meaningless because prices people pay are not meaningfully impacted by a global market. For instance you pay 800% more for a bottle of water in the US than you do in the literal desert of Saudi Arabia. [1] So comparing dollar for dollar is meaningless. This is likely also why G7 economies are relatively shrinking. There's less of a focus on "things" and more of a focus on gaming stuff to increase paper wealth, generally to the benefit of a very small percent of society. [1] - https://worldpopulationreview.com/country-rankings/bottled-water-cost-by-country https://worldpopulationreview.com/country-rankings/bottled-w...