• 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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          7 hours ago

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