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What is BRICS?

Posted: 24 Aug 2023, 13:46
by gearhead
Is it a political union of 3 to 5 different political systems?

Is it a monetary union of 5 different central banks coming to 1albeit disparities in debt levels and differences in fiscal needs and size of deficits?

Is it a platform for a dollar rivaling basket of currencies albeit huge disparities in the value of each currency?

Are China and India partners or competitors?

Why arent the dollar and euro least bit bothered by BRICS?

Is BRICS a ballon of hot air by disgruntled nation states called for their mischiefs in their respective regions?

Re: What is BRICS?

Posted: 24 Aug 2023, 14:03
by sesame
BRICS is a movement whose main objective is to end the white man's hegemony by creating a multipolar system. Ultimately, it will end the modern day slavery of the South. You are an Agame for whom slavery to the whites is the the most preferable state. That is why every Agame is opposed to the BRICS agenda. After all, let the decayed wheat roll in is the Agame motto :lol: :lol: :lol:

Re: What is BRICS?

Posted: 24 Aug 2023, 14:19
by gearhead
Does China know the level of its corporate debt? Are there corporations in China or Parastatals labeled as such and pushed off into the equity market to clean off the national banks debt levels?

Why cant EXim bank of China cant lend at rates bellow 25% as opposed to the OPPRESSIVE WHITE MAN's WB rates of 5% and below :lol: :lol:

Re: What is BRICS?

Posted: 24 Aug 2023, 15:50
by gearhead
Finance is a risk return science everywhere. WB ''attempts'' to make you risk worthy, China wont tamper with your system but charges you risk premium according to similar analysi of risk worthiness.

Bipolar financial system exists in Issayas and goons head.

Re: What is BRICS?

Posted: 24 Aug 2023, 16:18
by DefendTheTruth
አንተ ደግሞ ስለ BRICS ታወራለህ፣ አሁን የተቀረሰዉ ትልቁ አጀንዳ ኦሮሞን በግዛት ክፍፍል አለያይቶ ማባላት ሆኖ ሳለ፣ ህድ ና ራስህን ግደል፣ ሌላ ምን ልበለህ፡

በነገራችን ላይ ገረድ ሄድ ና ዳጀች አክልሉ አንድ ናቸዉ እንዴ? የሆነ ነገር ኮሽ ስትል፣ ድሮ ያስቀመጧትን ኒክ ይዞ ፈጠን ብሎ ከች ማለት ያበዛሉ፣ ሁለቱም።

ሁለቱም ስራቸዉ ከሰይጣን የማይለይ እኩይ ተግባር ነዉ፣ ለምሳሌ ህዝብን ከህዝብ ማባላት ላይ ጠንከር ይላሉ።