this post was submitted on 24 Nov 2024
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[–] yogthos@lemmy.ml 12 points 4 weeks ago

This is obviously becoming a bloc conflict between G7 and BRICS. The problem that G7 has is that it's a smaller economic bloc that doesn't produce much anything useful at this point. Western economies have become largely financialized with all the meaningful production having moved out to countries aligned with Russia.