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Absolutely astonishing that Iran and Saudi Arabia would be admitted side-by-side. Geopolitical arch-rivals joining the same economic bloc like this might signal a watershed moment for multipolarity.
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Absolutely astonishing that Iran and Saudi Arabia would be admitted side-by-side. Geopolitical arch-rivals joining the same economic bloc like this might signal a watershed moment for multipolarity.
Which is why it is going to fall apart at the first sign of trouble. Adding more member states to an already fragile coalition is only going to heighten the disputes among them, which means there isn’t going to have any common policy coming out from BRICS going forward.
This plays perfectly into the hands of the US and the increasingly vassalized EU bloc, and gives Biden the perfect opportunity to strike hard and fast against an entire group of countries that don’t quite know what they all want. The US/EU bloc with unquestioning loyalty and unity is always going to be at an advantage compared to the squabbling BRICS countries.
The US is really in a prime position to bury BRICS once and for all (possibly this fall to late 2023), when the overwhelming dollar liquidity is flowing outwards to the foreign sector once again.