This is interesting to me, does not bode well for the west.
www.rt.com
Our failed policies and sanctions, not to mention foreign interventions, have helped lead to this outcome.
There is no changing this..
"The report indicated that the expanded BRICS are already larger than the G7. In 2022 the bloc accounted for 36% of the global economy, versus 30% for the advanced economy group.
“Our forecasts suggest an expanding workforce and ample room for technological catch-up will boost the BRICS+ share to 45% by 2040, compared with 21% for G7 economies. In effect, BRICS+ and the G7 will have swapped places in relative size between 2001 and 2040,” Bloomberg wrote."
Read more
BRICS trade surges ahead of enlargement – Bloomberg
The outlet also pointed out that the expanded BRICS economic group will contain some of the world’s largest oil exporters, namely Saudi Arabia, Russia, UAE and Iran, as well as some of its biggest importers – China and India.
BRICS overtaking G7 in economic might – Bloomberg
The expanded BRICS group and the G7 will have swapped places in relative size by 2040, a Bloomberg analysis shows
Our failed policies and sanctions, not to mention foreign interventions, have helped lead to this outcome.
There is no changing this..
"The report indicated that the expanded BRICS are already larger than the G7. In 2022 the bloc accounted for 36% of the global economy, versus 30% for the advanced economy group.
“Our forecasts suggest an expanding workforce and ample room for technological catch-up will boost the BRICS+ share to 45% by 2040, compared with 21% for G7 economies. In effect, BRICS+ and the G7 will have swapped places in relative size between 2001 and 2040,” Bloomberg wrote."
Read more
BRICS trade surges ahead of enlargement – Bloomberg
The outlet also pointed out that the expanded BRICS economic group will contain some of the world’s largest oil exporters, namely Saudi Arabia, Russia, UAE and Iran, as well as some of its biggest importers – China and India.
