Brics, page-46

New members Iran, Ethiopia, Egypt and Argentina !That's impressive isn't it. They're not too fussy on membership criteria apparently. Some real basket cases with trashed currencies in that lot....no wonder they want to join 'something'. Including Argentina where a current Presidential candidate is even talking about ditching the peso and 'dollarising' their economy.
As commentator Peter Zeihan said of the BRICS summit...Have you ever seen a couple of 3-year-olds sitting on the playground talking gibberish and acting like they're making life-changing decisions? Well, that's what's going on at the BRICS summit in South Africa this week.