BRICS Bank Proposed

[Chinese-Dragon]

high IQ stuff initiated by Indians

That sentence is contradictory.

 

[oct605032048]

We chinese....As if u will take decisions behalf of china..

---------- Post added at 08:02 PM ---------- Previous post was at 08:00 PM ----------

If he can't can you?

India is so happy with the phrase "BRIC" while without knowing the "C" makes 50% of the "BRIC".

Without the "C", "BRI" is nothing.

 

[Sasquatch]

That sentence is contradictory.

They brought High IQ into this.

 

[oct605032048]

Through a BRICS bank would be a better option for developing countries then the IMF and the chance to gain more influence.

Go directly to Beijing would be a better idea.

---------- Post added at 09:02 PM ---------- Previous post was at 09:01 PM ----------

Or if the bank place it's HQ in Beijing and we should have at least 60% of the share.

 

[1962 spanking]

BRICS bank is good idea as long as we have veto power, the vast majority of the voting share, the headquarters is in Beijing and the president of the bank is chinese.

BRICS bank would do the same role as the world bank, which is lending money to the developing world.

eventually a BRICS IMF need to be created to create our own SDR basket and do world trade and investment with BRICS currencies.

the west uses the IMF, world bank, Bank of international settlements, World trade organisation to control the world economy.

its time to use nations own currencies when doing bilateral trade and investment.
BRICS need to create deep and liquid bond markets and make their currencies freely convertible.
world energy, raw materials, agricultural products and manufactured goods must be priced and traded in BRICS currencies.

then more reserves can be held in BRICS currencies rather than dollar and euro.

 

[yyetttt]

It's not fair that South Africa gets in but Pakistan doesn't, seeing we have the same GDP growth.

 

[jayron]

Chinese here act perfectly like nouveau riche. "I am too rich for BRICs and I want to be associated with the west now". But the truth is China is till poorer than Brazil and Russia in per capita gdp.

 

[Backbencher]

It's not fair that South Africa gets in but Pakistan doesn't, seeing we have the same GDP growth.

Aapka number bhi ayega . Remember this g20 stuff.
As of now its brics turn mate !!

 

[yyetttt]

Aapka number bhi ayega . Remember this g20 stuff.
As of now its brics turn mate !!

Or Turkey for that matter. (9% GDP growth)

 

[HongWu]

LOL india can take its begging bowl somewhere else. Only indians try to associate themselves with China via artificial groupings like BRIC. Our massive foreign exchange is ours alone, so india can go join other countries at similar levels of development.

 

[1962 spanking]

Chinese here act perfectly like nouveau riche. "I am too rich for BRICs and I want to be associated with the west now". But the truth is China is till poorer than Brazil and Russia in per capita gdp.

b**ch please......

we have the largest forex reserves.
the largest savings pool.

who cares about per capita crap, its absolute power that matters in global affairs.

china lent more money to africa than the world bank.

BBC News - China's global reach: lending more than the World Bank

take a pipe and smoke on that kiddies.
we do what we want, when we want.

 

[oct605032048]

Chinese here act perfectly like nouveau riche. "I am too rich for BRICs and I want to be associated with the west now". But the truth is China is till poorer than Brazil and Russia in per capita gdp.

Compare to Brazil and Russia, does india even have a GDP per capita?

 

[1962 spanking]

It's not fair that South Africa gets in but Pakistan doesn't, seeing we have the same GDP growth.

personally i would much rather have pakistan and indonesia in the club than india.
india is too much of a western puppet to be trusted.

one thing i have learnt in life is NEVER EVER trust an indian.
they promise to give the best, yet they deliver the worst.
eg. commonwealth games, gdp growth, fiscal deficits, etc

 

[Chinese-Dragon]

eg. commonwealth games, gdp growth, fiscal deficits, etc

The commonwealth games were a good comedy though.

 

[HongWu]

personally i would much rather have pakistan and indonesia in the club than india.
india is too much of a western puppet to be trusted.

one thing i have learnt in life is NEVER EVER trust an indian.
they promise to give the best, yet they deliver the worst.
eg. commonwealth games, gdp growth, fiscal deficits, etc

indians are known for three things:

- big mouth and boasting all day long

- dishonesty when you let down your guard

- cowardice when push comes to shove