Comments by "Louis Giokas" (@louisgiokas2206) on "BRICS Expansion u0026 Challenge to United States Dollar? Simply No." video.

Mark, I totally agree with you. Amazing. Just a look at the BRICS countries is instructive. Brazil has massive problems. Their agriculture is totally dependent on massive inputs of fertilizer. Without that and modern technology, they would not be able to grow much. These all come from outside. They haven't even been able to agree on a currency in their local neighborhood. They also have totalitarian tendencies from both the left and the right. Their slums are epic. Russia we all know about. Enough said there. India is on a decent track, but they have a territorial dispute with another BRICS country that the Indians expect will turn into open warfare in the near future. I tend to agree with them. I think their democracy will help them. Look at the situation with Modi. All the pundits assumed he and his party would steamroll the latest elections. It didn't happen. Now he has to govern in coalition. China is going down. They are experiencing something worse than what Japan did which led to their three lost decades. Japan was rich when that happened. That allowed them to recover, and even then it took a long time. China is a lower middle-income country at best. They don't have the resources to recover. The CCP is going down. They have the territorial dispute with India mentioned above, and potentially with Russia as well. Then of course there is Taiwan. They are also antagonizing Japan on so many levels. Don't they remember what Japan did to them many times in the past (it was not just WWII)? Finally, there is South Africa. The country is falling apart. They can't even keep the lights on. The BRICS countries want a muti-polar world. They will get it. It is called imperialism. None of them did well in that era, which covers most of human history. How stupid can they be? Massively stupid it seems.
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@ibrahimtall6209 Well, you say basically nothing. If you have a better view, then let's hear it. We might learn something. Otherwise, comments like yours only show ignorance and/or a lack of thought.
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