Iran applies to join China and Russia in BRICS club

Iran applies to join China-Russia in BRICS:

A laudable move by energy rich Iran to enhance the powerful emerging market alternative to the West.

Argentine is said to follow Iran's move.

If both are accepted, BRICS would become 'BRICSIA', a gigantic economic block minus politics..

Sanctions against Iran were successful, I see.

Good luck to them. G7 880million people, BRICS 3.3billion people.

China isn't an emerging market or a developing nation. They have nuclear weapons, a vibrant space program and nuclear power. Any of those should be sufficient to remove the "developing nation" status.

The point of sanctions is to make hardships for the people and hope they will overthrow their govt. Once difficult sanctions are applied, those countries basically cannot make war and become impotent in the world. Does anyone worry about Cuba? Nope. The sanctions take time to be effective - decades - but when they are done, those countries and their leaders live very different lives than before sanctions.

I feel bad for the average Argentinian. Their govt has been full of bad leaders the last 40 yrs, so much that the companies and people have methods to deal with hyper-inflation and avoid leaving their savings in Argentinian Pesa for expenses more than a few weeks out. If you visit Argentina and speak with the locals, they love the country, but know their leaders all suck. China will eat up Argentina and spit them back out with huge loans they won't be able to service.

Iran and Russia have little choice for trade, except to use other dictators for trade.

The point of sanctions is to make hardships for the people and hope they will overthrow their govt. Once difficult sanctions are applied, those countries basically cannot make war and become impotent in the world. Does anyone worry about Cuba? Nope. The sanctions take time to be effective - decades - but when they are done, those countries and their leaders live very different lives than before sanctions.

And how did the two decade plus embargo and sanctions against China turn out? Does anyone worry about China today?