The disintegration of Soviet Union gave the West a huge boost of morale. After the initial Euforia came the arrogance.
Politicians and generals forgot that victory and pre-eminence is built through hard work, slow steady trust-bulding, compromise and soft power. Hard power mixed with arrogance will never substitute that.
@The SC BRICS is not 'led' by China, China is just a member
1) The word BRICS was coined by an Indian Investment Banker at Goldman Sachs to indicate a block of 4 fastest growing countries that are likely to be large part of Global GDP
2) 4 countries came together to coordinate their policies - this is called BRICS grouping. No one country has taken the lead or decides policies
3) 2 countries (Brazil and Russia) have already fallen in growth terms. China is swiftly following in the economic doldrums. India is kind of holding on, but with difficulty to consistent growth
4) 34 countries joining now means nothing. Together the block will not represent the kind of volume it was once expected
My guess is that this will become a wine a dine club and eventually die off. Hell even RECEP has proved itself to be a bullshit project.