Would the US be excluded from BRICS?

Discussion in 'Economics & Trade' started by yangforward, Mar 26, 2024.

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Would the US be excluded from BRICS?

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  1. yangforward

    yangforward Well-Known Member Past Donor

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    I'm worried that Biden's policies will have unforeseen consequences.

    The neocons had a plan to 'bleed Russia white' by sucking Russia
    into a conflict in Ukraine, and then because Russia has only 3.5%
    of the GDP of NATO, and a tiny fraction of the military expenditure
    of the US, Russia is likely to agree to break up as a repeat of the
    1989 break up of the USSR as it quit the cold war.
     
  2. yangforward

    yangforward Well-Known Member Past Donor

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    If Russia did not capitulate then it would end up short of
    weapons and men (bled white).

    As we know from the news, Russia has been losing every
    day for the past 700+ days of the war and is now down to
    just pitchforks and grandmothers - grandmothers with pitchforks.

    But what if there is another path for conflict, an economic one.

    Russia is a member of BRICS - a large trading bloc.

    We got a war started with Russia 13 months into Biden's reign,
    and are also threatening China.

    Are we likely to be excluded from BRICS in the future?

    I looked it up and both Russia and China are key members
    of BRICS.
     
  3. dadoalex

    dadoalex Well-Known Member Past Donor

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    If China and Russia want to exclude the world's largest economy it the damage to the US economy as Arthur Dent was warned about the bulldozer, will be "None at all."

    China excluding the US as a trading partner? AIN'T GONNA HAPPEN!
     
  4. Chrizton

    Chrizton Well-Known Member

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    LOL wouldn't matter. Isn't like there is a lot of direct trade between the US and Vladland these days
     
  5. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    I don't think the US being excluded from BRICS would really hurt the US much. Except for two hugely major things: oil, and the US being able to maintain its status as having the world currency.

    Both of these could contribute to some high inflation levels in the US.

    And that, along with the interplay it would have on the US national debt, is probably the greatest military threat to the US, long-term. Obviously the greatest blow to US military power would be not being able to pay for things. Inflation itself would reduce the government's purchasing power, but there is the danger inflation could have of triggering a death spiral of high interest rates, leading to a need to print more money to be able to maintain the obligations on the national debt.

    One of the reasons the US had to back out of the Vietnam war was because it was causing too much inflation, and it eventually led other countries to stop pegging their currencies to the US dollar, because they realized they were ending up having to pay for US military spending.
     
    Last edited: Mar 27, 2024
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  6. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Part of the intention of BRICS is to implement and use a trading currency other than the US dollar. The biggest reason it was proposed was as an alternative to the US dollar. So in that sense, the US would be excluded by definition.
     
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  7. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    The Biden Administration's policy of weaponization of the US dollar against Russia, and high inflation of the US dollar, could drive and accelerate the move away from the US dollar in international trade.

    This would mean the US would no longer be able to print as much money to pay for things without that causing much more inflation.
     
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  8. yangforward

    yangforward Well-Known Member Past Donor

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    If there were two countries I would good relations with, if
    possible, they are Russia and China.

    Biden and the Neocons think otherwise.
     
  9. wgabrie

    wgabrie Well-Known Member Donor

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    Yes, it's likely that Russia will eventually become a nation of women if all the men die fighting in Ukraine.

    As far as the USA being excluded from the BRICS economic block, I will say this: it looks like international commerce is a costly endeavor. There is a global economic downturn where it costs more to play the game than it's worth.

    I'm sure the USA thanks China and Russia for taking away some of the cost of international commerce as they helped spread the cost around their economic block. It might even be said that the USA wouldn't even survive the current and coming economic crisis of international banking if they had to be the only economic block in the world. And Russia and China definitely wouldn't have created their international trading block if they knew the real cost.

    I can't wait to see the look on the BRICS's faces when they see the bill for it when it all comes due. ;)
     

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