The US has created its own worst nightmare

by Bruce O’Hara

bruceohara.substack.com

May 1, 2023

Between them, the 5 BRICS nations include roughly 40% of the world’s population:

The five BRICS nations also now make up 31.5% of global GDP on a Purchasing Power Parity basis, while the G7 nations make up only 30%. It is arguably the world’s largest trading bloc.

Impressive as all that is, it may only be the beginning. At least nineteen nations have submitted applications to join BRICS at its next meeting in June, thanks to tireless efforts of the BRICS chief recruiter, the United States of America.

Though its not easy to get the exact list – it keeps changing – this is a close approximation:

If all of the above countries are accepted into BRICS membership, it would add more than 1.6 billion new people to the alliance, for a total of 4.8 million people.

Stated differently, by the end of June, BRICS+ could represent 60% of the world’s population within one alliance.

Silk Road estimates that, by 2030, BRICS+ will represent 50 percent of global GDP.

BRICS+ will likely include most of the major OPEC players: Russia, Saudi Arabia, UAE, Iran, Nigeria, Venezuela and Mexico. I suspect most of the remaining OPEC nations – particularly Iraq – will eventually join BRICS+ just to be sure to be kept in the loop.

Here are the world’s top ten resource-rich nations, courtesy of Statista:

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