WHY THE BRICS WILL SUCCEED AND SUCCEED FAST

 Here is a short video on the BRICS.

These are the nitty gritties and the small print about the BRICS countries that are already succeeding. The multi billion Dollar soya bean trade between Brazil and China is just one example. This trade is nothing new. Chinese have been shiploads of soya beans from Brazil for a long time.

Only that now with BRICS their payments and settlements are done one on one, without  having to rely on the US Dollar or going through American or UK exchanges. It is already happening.

These are the initial stages of BRICS and gaining in momentum.

The single biggest factor why BRICS will succeed is that about half the world's population (China, India, Russia, Brazil) and and about a third or more of the world's GDP is involved.

Plus the BRICS are among the world's largest producers of all sorts of commodities as well as their largest consumers. Both the supply side and the demand side reside inside the BRICS. 

The world is changing.

The views expressed are those of the writer and do not necessarily reflect those of MMKtT.