• TheConquestOfBed@lemmy.ml
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    2 years ago

    I’m not a huge fan of continuing the BRICS acronym, simply on the basis that Brazil and South Africa don’t seem to be aligned in any particular direction. The US isn’t concerned about Lula so it seems like they’ll be more of an independent regional power for now.

    AMLO seems to be signalling a shifting political climate in Mexico. That could get pretty hairy in the future, esp if they start to consider CELAC membership more important than their ties to North America.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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      2 years ago

      Yeah, BRICS isn’t really descriptive and now with Iran and a few other countries likely to join it’s even less accurate. It does look like the current members do have strong economic ties that will be built on going forward. Where it’s going to have the most meaning is around having its own reserve currency based on the basket of member currencies. This is one of the biggest threats to US economically.

      What’s happening in Mexico is very interesting, and it’s looking like left wing governments are starting to appear all over Latin America. This is an unprecedented situation. Previously, US only had to deal with a one or two adversaries in the region and they could easily choke them economically leading to regime change. However, now we have Bolivia, Venezuela, Nicaragua, Chile, Mexico, Cuba, and likely Brazil in the near future. All of these countries are starting working to work together and reinforce each other. Meanwhile, China and Russia are providing them with trade opportunities that were previously closed off. This is a large scale disaster for US imperialism.