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The BRICS Expansion and Prime Number

10/28/2023

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Dr. Wordman
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The BRICS5 economic entity has just expanded its membership, which is a major international event. BRICS (Brazil, Russia, India, China, and South Africa) is an easy-to-remember and meaningful word arranged according to the first letter of the five nations’ English names. BRICS is pronounced the same way as bricks. The Five nations joined solidly together like bricks in one economic entity to work in trade, investment, and financial business, which is what BRICS was created for. Therefore, the Chinese translation for BRICS as 金磚(gold bricks)is even more effective in conveying its organizational meaning. The five countries are solid like bricks but more like gold bricks with value (the total GDP of the five countries exceeds a quarter of the world GDP, and their population exceeds 40% of the world population). The establishment of the BRICS has the purpose of mutual assistance somewhat like the G7. The G7 (the United States, Canada, the United Kingdom, France, Germany, Italy, and Japan) together account for nearly 40% of the world's GDP and 10% of the world's  population. Both BRICS5 and G7 have the prime number of member states (5 and 7 respectively). This may be just a coincidence, but prime numbers often occurred to describe international affairs such as the famous Three Kingdoms in Chinese history and the infamous Seven Imperialists Invaded Beijing. When the United States was the only superpower in the world, the world was a unipolar world (G1); when the United States and the Soviet Union confronted each other, the world was a bipolar world (G2). Today, the United States is competing with China and Russia, and the world has a tripolar appearance (G3 confrontation). However, the United States has many allies and puts great pressure on China and Russia.

The United States is the world's largest economy and controls the global trade remittance mechanism, SWIFT. The U.S. can affect the world economy and impose sanctions against other countries because the U.S. dollar was used as the main currency for settling trades, especially for oil, energy, and food transactions. Coupled with the fact that the U.S. has a strong military force, a large military industry, and many military alliances with developed countries, the U.S. has clout in the world's political and economic sphere. The U.S. naturally occupies a dominant position in the G7 organization and has great influence on the global economy. The emergence of the BRICS organization means that the developing countries desire to seek more independence (away from G7). Let's compare the statistics of the two organizations, we can then infer the significance and future trends of the BRICS’ membership expansion. The G7 has a total population of 750+ million (10% of the world), a geographical area of ​​20+ million square kilometers (15% of the world), a GDP of $33.94 trillion (39% of the world's) and a per capita GDP of $43,108. In contrast, the BRICS5 countries (金磚五國) have a total population of 3.21 billion (41.5% of the world), an area of ​​39.7+ million square kilometers (26.7% of the world), a GDP of $28.2 trillion (26.6% of the world) and per capita GDP about $7050 but fast-rising (2020 data: China $10525, Russia $10181, Brazil $6970, South Africa $5661, and India $1913). Based on this comparison and the prediction of future growth trends, the BRICS countries will definitely be catching up to or even surpassing the G7.

In nature, prime numbers occur naturally in the biological world, such as the five fingers and five toes in human beings (the starfish has five pointed angles), plants also prefer three, five and seven petals in leaves (The sunflower has 23 petals). Originally, there were only four countries without South Africa in BRIC. Regardless of whether the five countries were deliberately and rationally selected for BRICS formation, their performance after becoming BRICS5 is commendable. Even under the impact of the corona virus pandemic, its performance compared with BRIC or G7 is impressive. Today, forty countries have expressed their desire to join BRICS, which can be viewed as an endorsement of its success. At its 15th summit in Johannesburg, South Africa, the BRICS5 decided to expand its membership with six countries, Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, to become BRICS11. Eleven is a prime number, it not only can avoid voting deadlock, but it is also the smallest number greater than doubling five. Therefore, BRICS11 can be said to be the double growth of BRICS5. We expect it to continue performing better than G7. It does not need to have just the largest economies in the world (the GDP of the G7 members all ranked within the top ten in the world) to help each other, the world economy, and the poorer economies. The GDP world rankings of BRICS5 are 2, 5, 10, 11 and 39 (four prime numbers), BRICS11 added Saudi Arabia 18, Argentina 23, UAE 33, Egypt 41, Iran 43, and Ethiopia 59 (also four prime numbers). BRICS must have a better model and open mind to help the poorer economies. If BRICS11 can perform well in mutual help and helping poorer developing countries, then it can consider BRICS23 next (11x2+1=23, a prime number) for its next double-up expansion. The author will continue to track the performance of the BRICS11, and it will not be difficult to guess which countries may be the new twelve BRICS member countries (GDP ranking in prime number positions may be a mysterious hint! )

As for how BRICS11 will affect the G7 rules, including the use of local currency (reducing US dollar) for trade and investment, and strengthening the development and use of non-SWIFT systems, it will be a natural evolution, because military intervention cannot stop the natural course of economic development. It can only destroy everyone, and in the end, everyone can only sit down and trade their debts and their own bargaining chips. There may be a possibility of a merger between the BRICS and the G7, or a transfer of membership. India (5) is said to be likely to transfer out depending on its national leader. The following thirteen countries, France (7), Netherlands (17), New Zealand (52), Kazakhstan (53), Morocco (61), Angola (67), Bulgaria (71), Uzbekistan (73), Sri Lanka (83), Ghana (89), Libya (97), Nepal (101), and Nicaragua (131) are likely to join in. Among the thirteen countries, except for New Zealand (52), their GDP rankings are all prime numbers. Is this a coincidence? Let's wait and see!




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