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How a Rising Block of Countries Will Challenge America
TomDispatch.com / By Pepe Escobar
How a Rising Block of Countries Will Challenge America
There's a rising new bloc on the planet: BRICS (Brazil, Russia, India, China, South Africa). What does that mean for America?
April 26, 2012 |
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Goldman Sachs -- via economist Jim ONeill -- invented the concept of a rising new bloc on the planet: BRICS (Brazil, Russia, India, China, South Africa). Some cynics couldnt help calling it the Bloody Ridiculous Investment Concept.
Not really. Goldman now expects the BRICS countries to account for almost 40% of global gross domestic product (GDP) by 2050, and to include four of the worlds top five economies.
more....
Not really. Goldman now expects the BRICS countries to account for almost 40% of global gross domestic product (GDP) by 2050, and to include four of the worlds top five economies.
http://www.alternet.org/visions/155160/how_a_rising_block_of_countries_will_challenge_america
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How a Rising Block of Countries Will Challenge America (Original Post)
polly7
Apr 2012
OP
WingDinger
(3,690 posts)1. Instead of the PNAC statement, we should have bailed out Russia.
Game theory mandates a counterbalance to Us hegemony. DUH.
The Stranger
(11,297 posts)2. Explain how game theory concludes that.
I'm curious.
WingDinger
(3,690 posts)3. When there remained only one superpower, it is fully expected that
a coalition would form, as a counterbalance against full US hegemony. Our intention was to bleed all others ad infinitum, to fuel our lifestyles.
See king of the hill, the game.