BRICS: Discussion SWOT
Strengths, Weaknesses, Opportunities and Threats – Discussion.
So, what do we expect from the BRICS Summit? Where do we see the strengths of this organization. What opportunities are lying wide open to pick up and take and where are the weaknesses and threats?
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With the BRICS Summit looming how serendipitous is the release of this song about how utterly dysfunctional the U$ has become – it’s an instant hit in spite of the establishment trying to nobble its success. I don’t really need to comment – the lyrics say it all – other… Read more »
Evangelize the real economics. Build the curriculum. Teach it schools, colleges, Universities. Do research.
In addition to all the points that have been raised by everyone, I’d like to think of BRICS as the new Multipolarity’s UN. And unlike the original one which was a creation of the CFR (Rockefeller’s primary think tank) and therefore more trouble than worth, BRICS will serve as a… Read more »
Thanks for this post, I think we should brainstorm more often 🙂 Going off of Larch’s observation, lets deconstruct BRICs by aspect, that way we can see in what ways BRICS is valuable. My observations and thoughts: “BRICS” is essentially a group of countries that superficially appear to be able… Read more »
What an excellent comment Liz – Bravo!
Cheers
Col
love this, liz, so many great & original approaches. absolutely agree on the opportunity this thread offers. a few queries, i’m not sure why the euro might be a u$d replacement & look forward to considering why. i stumble though on israel. recruit israel? shelter israel from the storm? i… Read more »
I added the Euro as a USD replacement because I think that is an elegant strategic move, in that it accomplishes many strategic goals at once: It is a big enough fish to offer the EU vassals to leave Uncle Sam’s side. Their populations have grown weary of austerity and… Read more »
thank you, liz, for your reply & a deep dive. you’ve given much to mull. i’m not convinced the eu has the ability to cut & run.
Strengths: This is the software and the hardware in combination. Russia China The very real example of how to handle oneself and the depth of relationship that is necessary for a multipolarity – we have the education right in front of us. Highly sophisticated, human centered and deep knowledge. The… Read more »
Why did my primary comment yesterday here get marked as spam?
It is up now. It waited for moderation and I was slow.
This month’s BRICS may serve as the roll call of the serious. South Africa is compromised and too weak to leverage the enormous potential at its disposal. And India and Brazil’s role need to crystallize, along with those determined on vassal-escape. Foremost, the world waits for the denouement of the Russia-NATO… Read more »
ONCE UPON A TIME IN THE… EAST… a hypothesis from Downunder I believe that there will be huge ramifications from this Summit and a new global financial/security paradigm will emerge out of it. BRICS is now not just a caravan but when you add up all of the components it’s… Read more »
A PS to my comment. Remember that the Fed’s charter prohibits it from offering retail accounts to all and sundry. Congress would have to approve this change and the Crash Test Dummy would also have to sign off on it too (the easy part!). And the good news – it… Read more »
Another point I neglected to cover in my rant is that the automatic mortal fear of the term Digital Currency and CBDC is confusing and in some cases completely unwarranted simply because both these phenomena have already been with us for a long time. In the Western sphere, an average… Read more »
Thanks Col, I’m slowly getting my head around the finance side of things — what a job !
Strengths: Evangelize development via import substitution and food self-sufficiency. Show the way, and fund a little bit of it.Weaknesses: Consensus decisions (just look at WTO), not a trade bloc, not even a “values” framework like SCO.Opportunities: create/link institutions that can be used by global south trading blocksThreats: other orgs do… Read more »
I really have never seen strengths of BRICS. It is a hierarchal grouping which may become powerful and influential, if it focuses its bank on development projects that can be completed swiftly. Beyond that, its voice is drowned out in world media. Regional associations are well-established and carry weight. BRICS… Read more »