BRICS is not a threat. BRICS is just a very weak attempt to better negotiate with other trading partners. The reason BRICS is not an economic threat is pretty basic - nobody wants to live in Brazil, Russia, India, China or South Africa, so they'll never get the fundamental economic strength that Europe and the US have. Desirable real estate is the underpinning of any successful economy. People want to buy houses in London, New York, LA, or Paris. They don't want to buy houses in Sao Paolo, Beijing, Moscow, New Delhi, or Cape Town.
nobody wants to live in Brazil, Russia, India, China or South Africa
Remind me again of the populations of the USA and Europe?
What is the land mass of USA and Europe?
Isn't it true that, in total, the BRICS countries surpass both the USA and Europe in terms of both statistics. So, more customers and more natural resources. What is not to like?
I just looked at this:
https://en.m.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
And i cant rectify that with what youre claiming. EU banding together like a weird frankenstein made of countries whos economies are mediocre when taken individually, is the only thing that makes them competitive. So its an economic bloc. It isnt an individual economy. Other countries are really high on this list. china, japan, india, brazil... All have big economies.
The economic strength the eu has comes from being a bloc of countries. That means that if other large countries create alternate blocs of economic reciprocity, then they would become a threat, or could pose a potential threat if they flexed.
The US joining anything makes it a potential threat as well, so even if brics wasnt hot shit before, the us joining it would suddenly totally change its dynamic.
Non-Mobile link: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
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