While China and Russia focus on de-dollarization, South Africa, Brazil, and India want maintain their relations with Washington.
More countries joining BRICS means geopolitical expansion. Geopolitical expansion does not necessarily lead to global influence.
If anything, these new admissions might weaken the alliance because it will be hard for BRICS to reach critical economic agreements due to countries’ foreign policy preferences and their differing approaches towards the West.
While China and Russia focus on de-dollarization, South Africa, Brazil, and India want to maintain their relations with Washington. Such diversity could make BRICS incoherent and unable to reach a consensus on anything important.
Moreover, South Africa, as a member of the International Criminal Court, does not support Ukraine’s invasion by Russia. The ICC issued an arrest order against Putin, allowing any country to take him into custody.
A multipolar world is not impossible, but it will take time for the economic world to feel its ripple effects, and maybe, just maybe, our children will live long enough to see the fall of the American dollar.
Bobb Rousseau, PhD
If anything, these new admissions might weaken the alliance because it will be hard for BRICS to reach critical economic agreements due to countries’ foreign policy preferences and their differing approaches towards the West.
While China and Russia focus on de-dollarization, South Africa, Brazil, and India want to maintain their relations with Washington. Such diversity could make BRICS incoherent and unable to reach a consensus on anything important.
Moreover, South Africa, as a member of the International Criminal Court, does not support Ukraine’s invasion by Russia. The ICC issued an arrest order against Putin, allowing any country to take him into custody.
A multipolar world is not impossible, but it will take time for the economic world to feel its ripple effects, and maybe, just maybe, our children will live long enough to see the fall of the American dollar.
Bobb Rousseau, PhD