The BRICS Has Overtaken The G7 In Global GDP
#1

Not sure how true this is. I can only find another source for this news, which is a tweet.

By Chris Devonshire-Ellis

[Image: BRICS-Image-1.jpg?w=1242&quality=90&strip=all&ssl=1]

The India-based Megh Updates platform, one of the world’s largest online informational platforms in terms of views, has stated that BRICS countries have officially overtaken G7 in share of world PPP GDP, and that this trend can be expected to continue.

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This will usher in significant global changes

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The main issue is that the BRICS grouping – including proposed new members – are very much in China and Russia’s orbit

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That has been down to numerous issues, including an overall mistrust of the United States foreign policy, a desire to ring-fence against sanctions by creating an alternative trade bloc to the G7, what is seen as EU greed in global markets, and long-held animosity against various European legacies from colonial times.

It can also be expected to usher in the much-discussed change from a unilateral global base, led by the United States, to a multipolar one, led by the major BRICS economies.


https://www.silkroadbriefing.com/news/20...lobal-gdp/
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#2

All developed G7 countries and banks in turmoil.


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