• cygnus@lemmy.ca
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      10 hours ago

      As I feel the need to say every time it’s mentioned, BRICS is made-up nonsense fabricated by Goldman Sachs to sell third-rate equities. Think about the relationship between the countries of “BRICS” and ask yourself if that sounds like an actual alliance.

      • gwilikers@lemmy.ml
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        2 hours ago

        This is intreresting. What is the connection between GS and BRICs? How does it help them sell equities?

      • HobbitFoot @thelemmy.club
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        9 hours ago

        It has become a diplomatic talking shop similar to the G7. There has been pushes from some member states to make it more, including creating alternate financial systems, but it has been slow growing.

        • NOT_RICK@lemmy.world
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          7 hours ago

          Russia got all pissy with Kazakhstan just this week as a result of them not joining the BRICS

          • bobs_monkey@lemm.ee
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            6 hours ago

            Nothing like fomenting trust in a global financial transaction system by threatening potential user nations.

    • deus@lemmy.world
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      10 hours ago

      That doesn’t mean much. Iran and Saudi Arabia also are in it and they hate each other.