THIS IS A MINDBENDING SET OF STATISTICS…FROM BOOM FINANCE ! WOW !

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19 NATIONS FROM AFRICA APPLY TO JOIN BRICS

Brazil, Russia, India, China, South Africa are the founding BRICS nations. Recent entrants are the United Arab Emirates, Egypt and Bangladesh. And Saudi Arabia has expressed interest along with Argentina, Iran, Ethiopa and Algeria.

At the recent Russia-Africa Summit in Saint Petersburg, it was revealed that 19 other African countries have also applied for BRICS membership in the last 12 months. That is a staggering fact. If accepted along with new applicant Uruguay, these 19 nations would swell BRICS to 28 nations. And there are rumours of another 20 nations lining up to join. 48 nations would be a formidable bloc.

The total population of the current members is approximately 42 % of the global total. If half of Africa were to join, then BRICS would easily be in excess of 50 % of global population. And it is arguable that they could actually represent up to 75 % of the globe. That is a sobering thought.

In comparison, the western US led alliance of advanced economy nations probably represent, at best, 12 – 15 % of the planet’s total population.

Global GDP, measured in US Dollars is about $ 100,000 Billion (100 Trillion) and the United States is about 25 % of that total. However, its population is only 4 % of the global total.

The numbers simply cannot be ignored. Billions of people are aligned against the advanced economy nations in the US alliance. And those Billions of people cannot see how or why the US can or should continue to dominate.

Last week, another nation applied with Bolivia announcing its application to join the BRICS group.