←back to thread

Spain and Brazil push global action to tax the super-rich and curb inequality

(news.un.org)
131 points Traces | 1 comments | 02 Jul 25 10:03 UTC | HN request time: 0.501s | source
Show context
v5v3 ◴[02 Jul 25 11:09 UTC] No.44442262[source]▶
If Spain can get support from across the EU. And Brazil the same from BRICS then we could see change.

Best not to hold your breath though...

replies(2): >>44442309 #>>44442363 #
raverbashing ◴[02 Jul 25 11:15 UTC] No.44442309[source]▶
BRICS is just an acronym, it is void of any meaningful significance other than that.

Edit: "oh but it's an actual organization" yeah with still very little significance between pretending it's anything but a convenient proxy for the bigger members

replies(3): >>44442326 #>>44442357 #>>44442369 #
impossiblefork ◴[02 Jul 25 11:21 UTC] No.44442357[source]▶
I don't think, just an acronym, but my impression is that the only thing BRICS or BRICS+ agree on and are actively co-operating to achieve is collectively getting off the dollar and ending the effects of the so-called exorbitant privilege on themselves.
replies(1): >>44442523 #
owebmaster ◴[02 Jul 25 11:45 UTC] No.44442523[source]▶
If that is the "only" thing, it is quite the ambitious goal
replies(1): >>44445993 #
1. impossiblefork ◴[02 Jul 25 16:53 UTC] No.44445993[source]▶
Maybe, but should it really be hard?

Either one gets rid of the oil trade-- which I think is quite feasible, then the need to acquire dollars to buy these products goes away, so there's nothing more needed, or one negotiates something with one of the many countries which either have or could acquire the ability to produce oil where one bypasses the dollar trade.

Maybe, if they didn't have Russia in the group and had talked to more people about the sanctions, something like 'we need this, and the alternative is Russia-- can't you be flexible and not sanction Venezuela', they could have even used Venezuela.