←back to thread

Malaysia to Join BRICS

(www.aljazeera.com)
79 points eatonphil | 2 comments | 18 Jun 24 09:44 UTC | HN request time: 0s | source
Show context
whatever1 ◴[18 Jun 24 11:18 UTC] No.40716387[source]▶
checks USD exchange rates

Yep it's still the only currency that matters.

Checks Indian-Chinese relations

Yep they still have effective visa bans against each other.

So what is this BRICS club exactly? A dictionary club?

replies(6): >>40716428 #>>40716443 #>>40716495 #>>40716605 #>>40717371 #>>40721110 #
Havoc ◴[18 Jun 24 11:44 UTC] No.40716605[source]▶
You forget that the EU also started pretty loose and took a while to get going.

This is rapidly turning into a collection of everyone that isn’t strongly west aligned. While it seems directionless for now they do have that in common.

Don’t think it’s safe to dismiss it given direction of travel

replies(1): >>40716687 #
1. Ekaros ◴[18 Jun 24 11:52 UTC] No.40716687[source]▶
Also it might not be anything like EU or NATO. But instead of system to setup financial system outside the west. And here by financial system I mean how trade and transactions are done, not necessarily anything political about free trade and so on...
replies(1): >>40716782 #
2. aaomidi ◴[18 Jun 24 12:02 UTC] No.40716782[source]▶
Changing the currency for the transactions would absolutely destroy the US dollar.