Just to give you a sense of the size of the economies involved, we can look at the GDP of
the BRICS countries versus the G7, for example. The BRICS countries, 35% of GDP, G7 countries,
only 29%. So the BRICS countries have a larger combined GDP than the G7 countries. Okay,
so this is significant. If we put that in dollar figures, we're talking about, you know,
65 trillion versus 55 trillion. And in terms of growth forecasts, how is this going to
change over time? The BRICS are expected to grow at 3.6% annually instead of 1%. Now, these are just
forecasts. Obviously, these numbers could be wrong. But even if they're wrong by a lot,
that still implies that the BRICS are probably going to grow faster than the G7 countries.
So this is a major, major trend, and it's already swinging in favor of the BRICS countries.