>muh BRICS
except china, it is a largely a coterie of failed shitholes, Brazil and South Africa are literally declining in terms of GDP per capita kek, and lundia has huge trade deficits with all of them.
>>164929
india maintains a trade surplus with brazil.
GDP falling in dollar terms means bupkis nowadays.
people have realised that it's more of a PPP game. americans will inflate or deflate your currency depending on how heavy their periods are for that week.
and they have abused this monetary leverage of theirs so badly that literal tier-2 chinese metropolis sometimes register a lesser or same GDP metric as an american backwater bumblefuck shithole town.
real GDP growth in PPP terms is where it's at.
