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Cake day: August 2nd, 2023

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  • Allies are only ever allies of convenience.

    The US was allied with both the USSR and China for the sake of convenience. Right after that war the US allied with its erstwhile enemies, Japan, Germany and Italy for the sake of convenience. The Marshal Islands maintain diplomatic relations with both China and the US for their own convenience.

    BRIC (South Africa joined later) was initially coined as a description of quickly emerging economies by a Goldman Sachs economist. Since then it’s become an actual trading block that coordinates on economic policy. It’s very obviously dominated by China but the other members see advantage in joining a club that’s not obviously dominated by the US.

    The combined GDP of BRICS nations now exceeds the combined GDP of the G20. If it’s a joke, it’s a pretty successful one.