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Malaysia to Join BRICS

(www.aljazeera.com)
79 points eatonphil | 1 comments | | HN request time: 0.217s | source
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throw0101a ◴[] No.40716265[source]
An observation from a little while ago:

> Pretty straightforward really. You combine Brazil's history of monetary stability, with Russia's respect for property rights, India's domestic tranquility, China's financial transparency, and South Africa's investment opportunities - and hey presto, you've got a new global money

* https://twitter.com/davidfrum/status/1665053372402081792

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eatonphil ◴[] No.40716297[source]
David Frum being a writer for a US magazine, it seems perhaps worth taking his snickering with a grain of salt.
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addicted ◴[] No.40716409[source]
Is there anything incorrect in what he’s said though?

It’s a few hundred character Tweet that has been reproduced fully. You don’t even need to know the author to assess the contents of the tweet.

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eatonphil ◴[] No.40716462[source]
He took a pretty uncharitable view. Maybe BRICS is doomed of course. And I'm not particularly hopeful. But I'd rather hear perspectives either from both sides or from folks who I can trust as more independent.
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throw0101a ◴[] No.40716489[source]
> He took a pretty uncharitable view.

Frum took an accurate view IMHO.

Unless you think that property rights (and window incidents) in Russia are not a problem, or that China already has good transparency in their economy… Do you think those things?

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eatonphil ◴[] No.40716533[source]
No I agree, it's just the attitude that seems concerning. Like it encourages not taking these countries seriously, and not looking hard enough at ourselves to see how we can do better too.
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1. throw0101a ◴[] No.40716670[source]
> Like it encourages not taking these countries seriously, and not looking hard enough at ourselves to see how we can do better too.

One can also take the countries seriously but the 'BRICS project' not-seriously.