Will Indonesia replace India in the BRICs?

[Chinese-Dragon]

Your leaders dont care your opinion . They begged India to make an alliance with them to counter US .

LOL, you are dreaming.

It was the USA who asked China to join them in a "G-2" organization. No one cares about India.

Here is what India does to both the USA and China:

India bows to US pressure, cuts Iran oil imports - Times Of India

Mihir Sharma: India's shameful kowtow to China - Business Standard

 

[shuttler]

Your leaders dont care your opinion . They begged India to make an alliance with them to counter US .

China doesnt mind if india is out of BRICS to be replaced by a less troublesome Indonesia!

 

[tvsram1992]

India with a population of 1.2 billion only has a 1.7 trillion GDP, while Indonesia has a GDP of 1 trillion with a population of 250 million.

I just don't know what is so special with India.

Whats the big deal Japan was almost near to you

 

[Chinese-Dragon]

China doesnt mind if india is out of BRICS to be replaced by a less troublesome Indonesia!

India is the smallest economy in BRIC anyway, no one is going to miss them.

And before the Indian response, they should know that China's economy is bigger the rest of the other BRIC nations combined.

 

[SpArK]

no matter how much these bots cry all day here inside this Forum, India is going to stay in BRICS.

India bad.. Indonasia big... GDP.. PPP... ABCD>... blahh blahh blahh..

 

[JayAtl]

LOL, you are dreaming.

It was the USA who asked China to join them in a "G-2" organization. No one cares about India.

Here is what India does to both the USA and China:

India bows to US pressure, cuts Iran oil imports - Times Of India

Mihir Sharma: India's shameful kowtow to China - Business Standard

"Bowing" here is a term used by the media to sensationalize the article.

real "bowing" is the action of giving up Chen , your citizen- when Hillary came to town

 

[shuttler]

Go away india!
Welcome Indonesia!

 

[tvsram1992]

LOL, you are dreaming.

It was the USA who asked China to join them in a "G-2" organization. No one cares about India.

Here is what India does to both the USA and China:

India bows to US pressure, cuts Iran oil imports - Times Of India

Mihir Sharma: India's shameful kowtow to China - Business Standard

You feel G2 is so great? lol this is how you praise US and act as if you are against them. Your economy will collapse if you refuse your masters orders . US offered us to produce F35 at India . We rejected it though . Dont be fool its China who followed their master orders to cut oil imports . On the other hand we were increasing our imports from Iran . Recently we exchanged our rupees . You want me to give links? Its not no one cares India . Its your govt who wont care you

China doesnt mind if india is out of BRICS to be replaced by a less troublesome Indonesia!

But your leaders cry if we threaten them to leave BRICS .

 

[Chinese-Dragon]

"Bowing" here is a term used by the media to sensationalize the article.

real "bowing" is the action of giving up Chen , your citizen- when Hillary came to town

You mean this Hillary?

Hillary Clinton pleads with China to buy US Treasuries - Telegraph

And Chen Guangcheng is going to study overseas. So what?

 

[JayAtl]

what is the big deal with BRICS btw... has it accomplished anything that bi- lateral trades with each countries within in have not? It's a nice name and everyone registered up for it but … I can't find anything of substance coming out of it.

 

[tvsram1992]

India is the smallest economy in BRIC anyway, no one is going to miss them.

And before the Indian response, they should know that China's economy is bigger the rest of the other BRIC nations combined.

So why dont you invite US to join SCO against NATO . It has bigger economy .

 

[Chinese-Dragon]

So why dont you invite US to join SCO against NATO . It has bigger economy .

What brilliant logic.

America in fact already tried to join the SCO. Their application was rejected in 2006.

 

[Hello_10]

these financial vultures are not just looking at the plight of the rupee. It is the composite poor situations that all together make the indian outlook very bleak!

It seems that NONE of the Indians are able to make an argument as to why India deserves to stay in the BRICs.

India was downgraded by S&P, Indonesia was not.

India has far worse budget deficits, debt-to-GDP ratio, and is now growing slower than Indonesia too. India has an external debt that is bigger than their currency reserves, as well as extreme policy paralysis.

It was Jim O'Neill himself (the person who came up with the idea of BRIC) that said: "India is the most disappointing of all the BRIC nations".

It was the famous Indian-American Fareed Zakira that said: "India should be replaced with Indonesia in the BRICs".

I may help you get little idea why even if Brazil and South Africa may lose their place from BRICS, India - China - Russia represents true strengths of Asia. the top 10 reasons I may give as below:-

1: Military Strength, is any of BRICS are close to India-China-Russia?
Global Firepower - 2012 World Military Strength Ranking

2: GDP on PPP size of India and BRICS+E7
https://www.cia.gov/library/publica...India&countryCode=in&regionCode=sas&rank=4#in

3: average GDP growth rate during last 3 years of BRICS+E7 in #53
http://www.defence.pk/forums/econom...7-pakistan-growth-prospects-challenges-4.html

4: investment to GDP ratio of E7+BRICS in my post 50 as below:
http://www.defence.pk/forums/econom...7-pakistan-growth-prospects-challenges-4.html

5: Budget Deficit, yes India is ranked lower than other E7+BRICS, but how low as compare to rest of the world like US/UK/Pakistan, check as below in #64:
http://www.defence.pk/forums/econom...7-pakistan-growth-prospects-challenges-5.html

6: Yes India has high debt to GDP ratio, but how high as compare to rest of the world like US/UK/Pakistan, check as below in #54:
http://www.defence.pk/forums/econom...7-pakistan-growth-prospects-challenges-4.html

7: Foreign debt of BRICS, (Foreign Debt to Indian GDP on current prices is only around 15%)
https://www.cia.gov/library/publica...ndia&countryCode=in&regionCode=sas&rank=30#in

8: Yes India has to improve its infrastructure, but where India is ranked among BRICS, check as below in #79: (here, they havent included Indonesia as emerging economy but Turkey does get a place here)
http://www.defence.pk/forums/econom...7-pakistan-growth-prospects-challenges-6.html

9: Global Competitiveness, here China has a clear lead with other BRICS and yes Indonesia is ranked little high but in fact whole BRICS+E7 except China are almost on the same marks, only little difference as below, #73:
http://www.defence.pk/forums/econom...7-pakistan-growth-prospects-challenges-5.html

10: Here we have Credit Rating of all the E7+BRICS, we find China in Green as they have developed pretty impressive infrastructure but rest of BRICS+E7 are Blue? Does it make a big difference between BBB and BBB-? All the BRICS+E7 are Blue? #70 as below:
http://www.defence.pk/forums/econom...7-pakistan-growth-prospects-challenges-5.html



My effort is just to make a contribution on this topic from my side. I would welcome as many arguments as you may give to prove your stand. thanks

 

[JayAtl]

You mean this Hillary?

Hillary Clinton pleads with China to buy US Treasuries - Telegraph

And Chen Guangcheng is going to study overseas. So what?

again "plead" is a term used by the media to hype it. We know , shoot if anyone would never plead , it would be her.

studying in the US?

you think that was the motivator behind " bowing" to the US? you actually think the rest of the world did not go LOL, they came up with the " oh here is college course you were enrolled for in hours, for you and your family"

... we were all laughing going- are their masses that naïve to fall for it? and lo, behold I must tell others that I read the 1st example of it on PDF. congrats on being the 1st CD

 

[Jackdaws]

Actually it is high time that the BRICS only consist of democratic, progressive nations not repressive regimes. China should be replaced by some democratic country which has a better future - Congo - which has embraced democracy since 2003.