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#15 Zed

en.wikipedia.org

BRICS was founded 17 years ago based on de-dollarization and moving away from the petro dollar.

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#8 | Posted by Nixon at 2026-06-24 06:52 AM
That said, there are plenty of jobs being lost to foreigners who will come in with advanced degrees and do the work for pennies on the dollar while telecommuting from India, Pakistan, etc.

Every single year 1040 preparation work is sent overseas to foreign nations where a return that would cost $1000 in time here to prepare and review will be done for $200 and still billed out for $1700 to the client.

If only there was something to stop those damn "globalists" and advances in "cheaper better faster" technology!


The next step is already happening with letting a business return that can be billed for $4000 will be prepared for $100 by AI. I've seen both the good and the bad with AI used in tax law research.

Like with most technologies, there is good and bad... "bad" mostly relates to eliminating or completely changing the nature of certain jobs affected by technology.

www.reuters.com - Google to spend $15 billion on AI infrastructure hub in biggest India investment - 2025-10-14

cloud.google.com - Announcing America-India Connect and new investments to advance global AI access - 2026-02-18

www.cnbc.com - Over $50 billion in under 24 hours: Why Big Tech is doubling down on investing in India - 2025-12-11

www.cnbc.com - How a $4 billion Indian startup Cred won Meta's backing but lost its founder to WhatsApp - 2026-06-22


Both the Left and the Right are pining for the "good old" but ephemeral 1950s, "when a working man without much education could buy a house, a car, and comfortably support entire family on single salary" - they just blame a different color Tribe for that, but offer near-identical populist remedies that have never worked as advertised and usually make things worse for most people, especially those they claim they want to help.
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