Comments by "" (@badluck5647) on "BRICS could expand to fight ‘Western dominance’ | DW News" video.

  1. Obviously, trolls are unable to explain how BRICS nations could come up with an alternative to the dollar without giving up their capital controls.
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  2. Or India could be part of the G8 to bring in more perspectives to the democratic club.
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  3.  @johnmaris1582  Monetary policy needs a government body for stability and trust. Otherwise, you get Bitcoin problems like major market fluctuations and deflation. Unfortunately for BRICS, the members don't have a strong rule of law system that would make any rational person want that currency over the dollar or Euro.
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  4.  @TheRealBillBob  He is the Goldman Sachs economist whose paper on emerging markets was so compelling that four nations decided to create an organization to further his ideas.
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  5.  @kzm-cb5mr  Those who joined the EU agreed to follow certain values like rule of law, fair elections, free speech, independent judiciary, free press, etc. If they didn't agree with those principles, then why join the EU?
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  6. Modi is heavy on handshakes and light on action. India will join any organization that gets them an international photoshoot, but India's leaders refuse to agree to any action.
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  7. Panic? What has BRICS accomplished that would make anyone worry about? BRICS is so powerless that Putin is scared to even fly to South Africa.
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  8.  @lvjinbin28  Not true. Russia was in the G8 until they invaded Crimea, and Russia is a poor country. Over 20% of Russia's population don't have access to indoor plumbing, and its economy is much smaller than India's. And before another troll plays the race card, Japan isn't white, and over half of America isn't white.
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  9. BRICS is just China and Russia cosplaying as the G7. There is a reason India is requesting membership to the G7 (8).
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  10.  @TheRealBillBob  The source is BRICS. They referenced the Goldman Sachs report multiple times in their first meeting. Are you calling China, India, and Russia liars?
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  11.  gzkin  You don't even understand your own countries monetary policy. The Chinese government has been artificially trying to increase the dollar's value while artificially devaluing their own currency through capital controls and buying of America treasuries in order to have a competitive edge in exports. Having a free market currency is the opposite of the CCP's goal.
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  12. Brazil, India, and South Africa aren't sanctioned.
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  13. BRICS describe themselves as anti-Western. Are you calling BRICS leaders liars?
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