This is hilarious because Iran is already sanctioned to hell and back. G7 really has one tool and that’s it. So glad my country joined BRICS and made peace with Iran.
What people seem to not be noticing is that effectively the Global North is sanctioning itself. Meanwhile the Global South is making its own plans without them.
Some markets aren’t worth the trouble. It is not like Iran is losing access to China. It is losing access to a market that it had very limited access to if any.
Provider for goods? What are you on about? Western nations outsource all production to the global south (pretty much) and the only thing they make is overpriced software (hyperbole)
It’s incorrect to think that losing access to markets is beneficial for anyone
It almost never is, but in this case the Global North’s sanctions are forcing the Global South to build alliances amongst themselves, and this shift is likely to be quite durable.
Italy kind of tried to join One Belt One Road and pulled out when the Fash got elected. Macron made some noise about BRICS at one point but Macron makes a lot of noise about bullshit.
I think there’s also some merit behind the idea that letting G7 states into BRICS is a bad idea because there’s nothing stopping them from being obstructive.
This is hilarious because Iran is already sanctioned to hell and back. G7 really has one tool and that’s it. So glad my country joined BRICS and made peace with Iran.
Reminds me of “you are only making it worse for yourself”
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What people seem to not be noticing is that effectively the Global North is sanctioning itself. Meanwhile the Global South is making its own plans without them.
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Some markets aren’t worth the trouble. It is not like Iran is losing access to China. It is losing access to a market that it had very limited access to if any.
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China is leading the world in cost effective manufacturing and infrastructure projects. I have no idea what you are huffing but it must be strong
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Who is going to undercut the Chinese? This I want to see. Maybe the Europeans shouldn’t slap tariffs on Chinese products then.
Provider for goods? What are you on about? Western nations outsource all production to the global south (pretty much) and the only thing they make is overpriced software (hyperbole)
It almost never is, but in this case the Global North’s sanctions are forcing the Global South to build alliances amongst themselves, and this shift is likely to be quite durable.
Geopolitical Economy Hour, Apr. 2023: Russia Leaves the Neoliberal West to Join the World Majority
How long do you think before we see some G7 states break rank and join BRICS? Or do you think they will go down together?
Italy kind of tried to join One Belt One Road and pulled out when the Fash got elected. Macron made some noise about BRICS at one point but Macron makes a lot of noise about bullshit.
I think there’s also some merit behind the idea that letting G7 states into BRICS is a bad idea because there’s nothing stopping them from being obstructive.