00x0xx
Technically it’s western hegemony. US alone isn’t capable of a global economy hegemony, despite being the largest economy in the western hemisphere. Rather it’s always that EU aligns their policy with the US government.
Besides that, I don’t think it will happen. Only Brazil is making this proposal, the other BRICS nations aren’t interested. They aren’t looking to quickly break western hegemony either.
It’s clear to everyone that western hegemony is coming to an end, and these larger BRICS nations seem content to let it happen gradually rather than make a direct effort to end it quickly.
But the main BRICS countries have been creating new payment methods for a while now, with a few successes.
Their alternatives to SWIFT is very successful, it’s how both Russia and China have made themselves immune to the secondary effects of western sanctions against Russia. However besides the international transactional agreement, only Brazil have proposed an alternative to US currency, but the other nations have no interest in this.
IMHO, it’s probably because Brazil is most vulnerable to the US dollar. The economies of China, India, Russia and SA are not as dependent on the US dollar, since they also trade significantly with non-western nations.
It’s not “China” that get’s away with anything, but the Western media that’s branding them as “Communist” as a form of derogatory propaganda to mark them a copy cat of the USSR.
Right from beginning China has always called themselves “PRC”. People’s Republic of China. They are a dictatorial republic akin of Cesar’s Roman Empire, with a government structure based off communist ideology. But their economic policy have always shifted with the times, it was similar to the USSR when they were the fastest growing economy, and now similar to the US.
Indeed. We already have more than enough land for every human, and can probably even provide for double our global population. The problem is that wealthy already owns the majority of land, and limit its access and usage to the average citizen of his nation.
They are some exceptions of this, India and China are the two I can think of right now. But it also probably one reason they are able to have a very high dense population, people there have more access to land.
In one battle I read on the Ukraine war, Russia sent out 1000 Iranian drones at once to destroy 5 targets. They knew most will be shot down, but if 4 or 5 drones hit the target, it will destroy the target complete. That’s how these drones were designed to be used, dirt cheap to make, but impossible to stop in swarms.
Even 200 still isn’t a lot if they aren’t coming all at once, and Israel’s defense can handle that easily. They’re designed to shoot down 100+ numbers or rockets, shells & other air borne targets going much faster than drones before they hit their target.
100 drones isn’t enough to do any meaningful damage, so this is a warning shot to Israeli. Or the Iran government is doing this exercise to save face among their own people.
However is Israel doesn’t back down from attacking Iranians, Iran might be forced to go all out war with Israel.