PETER ATTARD MONTALTO: The same old problems in new wrapping
Most glaring oddity at Brics summit was idea that politicians choose how much and what to trade
28 August 2023 - 05:00
It is remarkable how a big summit can make politicians think they are all powerful and forget basic rules of how the global economy works.
The most glaring oddity at the Brics summit was a continual, bizarre notion that national politicians “choose” how much and what to trade with each other. This seemed to be repeated by all sides — the Chinese were very happy to promise to buy more SA goods and SA ministers were parading around saying they would decree that more would be exported to China and other Brics nations...
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