South African President Cyril Ramaphosa held a two-day summit with Saudi Arabia on mostly economic matters.
At the conclusion of the summit, he confirmed the intent of Saudi Arabia to join the BRICS economic coalition, which should not come as a surprise given the previous statements by Saudi leader and Crown Prince Mohamed Bin Salman (MbS).
(MSM) Ramaphosa confirms Saudi Arabia wants to join Brics family. This was revealed by President Cyril Ramaphosa during his two-day state visit to the kingdom on Sunday.
“The Crown Prince (prime minister Mohammad bin Salman bin Abdulaziz al Saud) did express Saudi Arabia’s desire to be part of Brics and they are not the only country,” said Ramaphosa. He confirmed this on Sunday during an engagement with the media.
Brics held its first summit in 2009, with SA joining the following year. The bloc has generally been seen as an alternative to the dominance of the western economies.
“We did say that Brics having a summit next year under the chairship of South Africa in SA and the matter is going to be under consideration.
“A number of countries are making approaches to Brics members, and we have given them the same answer that it will be discussed by the Brics partners and thereafter a decision will be made.” (read more)
Since the outset of the Western Alliance sanctions against Russia, we have been predicting an increased geopolitical influence from the BRICS team. A global financial and economic cleaving is underway created by the western nations chasing ideological climate change energy policy, while the rest of the world remains pragmatic toward oil, coal and natural gas as energy resources.
We have been closely monitoring the signs of a global cleaving around the energy sector taking place. Essentially, western governments’ following the “Build Back Better” climate change agenda which stops using coal, oil and gas to power their economic engine, while the rest of the growing economic world continues using the more efficient and traditional forms of energy to power their economies.
(July 2022) […] “This accession, if Saudi joins it, will balance the world economic system, especially since the Kingdom of Saudi Arabia is the largest exporter of oil in the world, and it’s in the G20,” Hamed said. “If it happens, this will support any economic movement and development in the world trade and economy, and record remarkable progress in social and economic aspects as Saudi Arabia should have partnerships with every country in the world.” (read more)
That would essentially be the end of the petrodollar, and -in even more consequential terms- the end of the United States ability to use the weight of the international trade currency to manipulate foreign government. The global economic system would have an alternative. The fracturing of the world, created as an outcome of energy development, would be guaranteed.
Keep in mind, in early June Federal reserve Chairman Jerome Powell stated, “rapid changes are taking place in the global monetary system that may affect the international role of the dollar.” {LINK}
The western alliance (yellow) would be chasing climate change energy policy to power their economies. The rest of the world (grey) would be using traditional and more efficient energy development. The global cleaving around energy use would be complete.
This is not some grand conspiracy, ‘out there‘ deep geopolitical possibility, or foreboding likelihood as an outcome of short-sighted western emotion. No, this is just a predictable outcome from western created events that pushed specific countries to a natural conclusion based on their best interests.
You can debate the motives of the western leaders who structured the sanctions against Russia, and whether they knew the outcome would happen as a consequence of their effort, but the outcome was never really in doubt. Personally, I believe this outcome is what the west intended. The people inside the World Economic Forum are not stupid – ideological, yes, but not stupid. They knew this global cleaving would happen.
For a deep dive on BRICS, as predicted by CTH, {SEE HERE}. The bottom line is – the 2022 punitive economic and financial sanctions by the western nations’ alliance against Russia was exactly the reason why BRICS assembled in the first place.
Multinational corporations in control of government are what the BRICS assembly foresaw when they first assembled during the Obama administration. When multinational corporations run the policy of western government, there is going to be a problem.
In the bigger picture, the BRICS assembly are essentially leaders who do not want corporations and multinational banks running their government. BRICS leaders want their government running their government; and yes, that means whatever form of government that exists in their nation, even if it is communist.
BRICS leaders are aligned as anti-corporatist. That doesn’t necessarily make those government leaders better stewards, it simply means they want to make the decisions, and they do not want corporations to become more powerful than they are. As a result, if you really boil it down to the common denominator, what you find is the BRICS group are the opposing element to the World Economic Forum assembly.
The BRICS team intend to create an alternative option for all the other nations. An alternative to the current western trade and financial platforms operated on the use of the dollar as a currency. Perhaps many nations will use both financial mechanisms depending on their need.
The objective of the BRICS group is simply to present an alternative trade mechanism that permits them to conduct business regardless of the opinion of the multinational corporations in the ‘western alliance.’
The BRICS team, especially if Saudi Arabia, Iran and Argentina are added creating BRICS+, would indeed be a counterbalance to the control of western trade and finance. This global cleaving is moving from a possibility to a likelihood. If Saudi Arabia joins BRICS the fracture becomes almost certain.
The State Visit to Saudi Arabia was about advancing diplomatic and political relations between our two countries, but it is the economic relations that underpinned the substance of our visit.#SAinSaudiArabia pic.twitter.com/zuVPODGy1c
— Cyril Ramaphosa 🇿🇦 (@CyrilRamaphosa) October 16, 2022
Good.
Exactly.
I’ve been saying for years whatever level of pain it takes to get Americans to finally pull their head out their ass and start paying attention.
I naively thought that it would have occurred before this point but it doesn’t matter, sufficient pain is the only thing that will get their attention.
If only we were dependent on another country for cell phone service. I’ll bet the loss of that would wake them up quickly.
What would the total number of BRICS nations become if the Saudis, Iran and Argentina join them?
And, are there any outliers that may enter out of necessity? Just asking for my friend…
I saw an article earlier today in a UAE newspaper that was positive towards Ms Biden re:”she did a interview with a right wing paper (Newsmax) that had made false accusations of election…….blah…..blah” but the article was sourced from NPR.
Like here, I guess. You can’t go by what the media prints.
The Asian papers that I read mostly seem to praise Biden but I see a lot of quoting of AP & Reuters there also.
Quoting the MSM in their papers is just good politics. I seriously doubt any nationals (of those countries) read them, and if they do they probably don’t give them much weight. Everyone outside the US knows the emperor has no clothes and stole the position anyway.
People tend to notice when you drop a BRICS+ in The Vatican by accident.
MINT
Mexico, Indonesia, Nigeria, Turkey is one of the other groups being talked about. Check out pepe Escobar’s writing.
Lots in the wings, including Egypt and IIRC Turkiye.
Lots of overlap with OPEC+ and EAEU Eurasian Economic Union and SCO Shanghai Cooperation Organization.
Collectively they pretty-well cover the entire Non-West “Rest”.
Plenty that’s why it’s now being called BRICS +….The Saudis are part of the +. The S is for South Africa.
Add K for Kingdom of Saudi Arabia and you get BRICKS.
I bet they will damn well build back better than we.
Ditto for me regarding everything thing you said.
That only helps if we can do something about it. Not clear at the moment that’s the case.
Yes, I thought Obama might be radical enough to wake people up and a few red pilled. Biden is red pilling far more and still, it is not enough. With our debt level having multiplied by a factor of 30 since Reagan was president, the loss of the dollar as the world’s reserve currency is going to smart a little when it hits. Since it appears, we are set to do the socialist death spiral inflation thingy with our own currency because we can and many vote for it, it is not a moment too soon for the rest of the world to buffer themselves from the shock of the implosion. The first summit in 2009 says it all. The year the light bringer to end racism and institute social justice was inaugurated. They have seen that show before also.
…it is not a moment too soon for the rest of the world to buffer themselves from the shock of the implosion.
Someone needs to survive this mess.
If we lost internet for 1 week there would be mass suicide in America.
Your last sentence, Truth, Sadly.
It will be interesting to see if the rest of GCC (Gulf Cooperative Counsel) joins Saudi Arabia as members of BRICS … all also members of OPEC.
Do not be surprised if OPEC member Nigeria is also looking hard at BRICS.
The odd ball in the GCC is Qatar which as a laundering agent for the Clinton Foundation as well as hub for all things Muslim Brotherhood in the Middle East, Africa and Southwest Asia.
This may also bode ill for the future of the Petro-Dollar.
I believe this, and everyone should listen to what Andy says.
The entire concept of a “Petro Dollar” should have died out with Henry Kissinger – who, believe it or not, is still alive. 😦
It is a thoroughly obsolete concept, as Russia decidedly demonstrated when it required purchases to be made in its Rubles. Thus pushing all of the “currency-exchange losses and political impediments” over to the customers, where it very properly belongs.
Lo and behold, “a seller can set the price, and dictate in which currency it must be paid.” (As you will see for yourself, if you try to settle your Amazon purchase in “Lira.” A conversion will be made, and you will pay for it. If the conversion doesn’t go through at time-of-sale, you don’t get the goodies.) So, Russia actually did a very ordinary and sensible thing, that any sentient human being would do.
The USA happily continues to believe that it can engage in currency manipulation on an absolutely gross scale, and suffer no long-term consequences. (Literally: because of its name.) “How silly!”
Along with the short term privileges of the World’s Reserve currency, the USD (FRN) has long term consequences as the engine of U.S. Wealth has shifted from actual value creation, to money conjuring only.
IMO, the USA’s FINANCIALIZATION sector exceeds the PRODUCTIVE Goods & Services sector as a share of GDP.
Hubris does have its limits…..our demi-gods just haven’t reached theirs yet.
In a recent Robert Malone substack, where he did a deep dive on Musk, he mentioned that it is Qatar that is funding Musk’s push for obtaining Twitter. About 3 paragraphs below the picture/you tube link of Obama, is where he mentions Musk and his main financier Qatar:
https://rwmalonemd.substack.com/p/twitter-is-a-weapon-not-a-business
Qatar is Iran’s little enclave, surrounded by hostility. And, largely irrelevant.
Of coarse they will go, ALL countries that are oil producers have a target on their back, courtesy of WEF.
Even Mexico will probably go.
WEF naively thought they could ‘take them out’ one at a time, but their “Warplan” failed to recognise the enemy has a say.
WEF will ultimately LOSE this battle, so yet again WE are stuck in a country, on the losing side.
I’m beginning to believe the WEF is run by people bought and paid for by those running the non-US groups. The WEF (bbb) is destroying the West in ways our enemies never could directly.
WEF is a suicide pact imposed on the West in the service of Chinese hegemony.
Kissinger, who opened China and set it on the path to global domination, was Klaus Schwab’s mentor and actually made a showing at Davos this year, at 99 years of age no less.
WEF is given far too much power to move the world in the direction they want it to go. It’s just ridiculous. They are not a country, nor a govt. nor anything but a group of rich communist-like power brokers and greedy elite creeps.
Time to put people in office who will tell WEF to take a hike. No one in the world owes WEF anything at all nor needs to obey their initiatives of destruction. Ugh.
I guess we need better leaders. :/
Hurting America’s Economic Standing while conducting Endless Wars to install Puppet Governments.
This has all of Obama’s Favorite Outcomes.
In fairness, Barry’s willing to end wars by losing if it helps Iran and China.
Problem is that current crop of top dogs among the OPEC nations are not the same ones whom were buddy buddy with Bush II, Comrade Obama nor the Clinton Foundation, with exceptions of maybe Venezuela and Qatar.
The new top dogs won internal struggles based on getting closer to President Trump and moving more towards a vision of life beyond oil for their nations and placing the bank rolling of Islamic terror at much lower level. They can all see what is happening in Iran among the very well educated YOUNG FOLKS who want a future alternative to the 7-virgins offered by the Islamist’s.
The Islamic states are starting to focus inward as the means to surviving, which is 180 degrees out from Obama’s and Globalist desires. They were not necessary friends but did realize there was substance and future survival to a MAGA like movement inside their own borders … the nationalistic MAGA message was the part of glue that held the Abraham Accords together.
Believe it or not … there are some pretty good Universities in the OPEC states and Universiites with very close academic ties wit major EU & US Universities.
The Young Populations in these States are staying home to attend school…and now want work and not to be fitted for a bomb vest.
Also, as part of off-set agreements, Foreign Companies are funding STEM CHAIRS at these schools as well as funding links to US Universities.
During my professional career I helped write a few of these off-set agreements.
True. A major obstacle to the moderates’ progress into a sensible future for the mideast, are the policies of the empty suit in the Oval Office. The Puppet believes American policy should be a holographic image of societal and financial strength, designed to hide the weakness that amoral corruption and zero comprehension of supply side economics has wrought.
The criminally corrupt kenyan is all about doing everything possible to assist and fund his besties in the muslim bro hood. Once a hood rat always a hood rat
Obama was a puppet just like Biden is.
Obama is given far too much credit for running things behind the scenes. He is as much of a bought, groomed and paid for tool as Biden. Call out the real criminals hiding in the shadows. Obama is not the guy. Spokesman possibly, but not the main culprit, imo.
He and his people are the puppet strings on Biden.
Others control them.
It’s Traitors all the way up.
The US leadership drove them right into BRICKS arms. Good job, Brandon!
Yep–Filled up the Ferrari, set the GPS, and handed them the keys.
It’s a feature, not a flaw.
Biden’s “Fist Bump Diplomacy” did more damage than reported.
It probably didn’t help, diplomacy-wise, for FJB to keep on accusing the crown prince of Saudi Arabia as personally being responsible for the death of that reporter and simultaneously beg the same crown prince to increase their oil output to help FJB’s party in the mid-term elections.
Yep,
Kinda like abusing American citizens for almost 3 years and then demanding that we get behind this loser war.
Without Nord Stream, can Russia export their NG in large quantities?
And when does Russia respond to these terrorist attack? Putin far sharper than Biden / Obama / Blinken.
Russia just did a deal with Turkey. They will pump to Turkey, and Turkey holds Europe to ransom while being protected by Russia and China.
Look up the Koch Holding Company of Turkey.
They own the banks of AZERBAIJAN and major Financial positions in the Russian controlled oil and gas producing region of Baku, AZERBAIJAN, along the Caspian Sea.
The Koch holding company also has major positions in Dutch Banks as well as Russian Banks.
Hmmm
Koch funds DeSantis
NOT the US Koch Brothers … The name of the Turkish Firm is spelled with a few curly cue phonic symbols. The 2 are NOT related. My Key Board does not have Turkish Characters to add to the spelling.
That is why I specifically stated “of Turkey”.
Interesting in that Turkey is part of NATO.
Hmmmmm
kind of a hostile member……they have been at quasi-war with Greece since the early 70s and during the recent Syrian mixup were threatening the EU with the release of hundreds of thousands of refugees unless they were given funding (extortion)……..they decided to buy an S-400 AA system from Russia in direct contravention to agreement of their F-35 purchase from the US they had already agreed to
Yes. True. Watch them.
They are quietly friendly with Pakistan…the nuclear power we hear little of. Through Pakistan they can go nuke overnight.
They are shrewd. They are rising in international politics. They flagrantly fund muzzy terror…as a NATO podnuh’.
As the 100 year treaty of Lausanne expires in 2023, we will see Turkey 🇹🇷 continue to rise. ✝️
I think a Biden dimwit just got in trouble in Pakistan after insulting the Paki’s ability to safeguard their nukes.
Gee, and I thought it was Zero’s flunkies that were working to destabilize Pakistan.
Go figure.
They also have one of the youngest and largest male populations in the world.
China Halts Resales Of Russian LNG To European Buyers
China’s National Development and Reform Commission (NDRC), the country’s top planning body, told the country’s state-held LNG importers including Sinopec, PetroChina, and CNOOC, that they should stop reselling LNG cargoes and keep them to ensure Chinese gas supply this winter,
https://www.zerohedge.com/commodities/china-halts-resales-russian-lng-european-buyers
China just told it’s citizen to vacate Ukieland.
The two Nord Stream pipelines consist of four lines, only 3 were damaged. (More ineptitude from the Biden administration.) Russia says the damage can be repaired on the damaged three in a matter of a few months.
Besides, Russia has other pipelines that they use to export gas with.
Yup, Putin’s already offered to supply gas via the remaining Nordstream2 line immediately.
“Energy” has ready markets all over the world, simply because “you have it (in abundance …) and they don’t.”
Whoever bombed that pipeline wasn’t going after Russia. They were going after Germany.
And, since a brand-new pipeline had “miraculously” gone on-line just a few days before, there are plenty of suspects. Those who had “the means, the motive, and the ability to cover it up.”
Not just Germany but the entire EU.
This was burning the bridge and maybe even the life boats …. in an attempt to remove any movement back to dealing with Russia for the EU.
Just like many current US Operations, Domestic and Foreign, it was myopic in concept and with very little big picture thought.
The PEOPLE in the European countries of WEF are “rising up” and they are PISSED.
And they aren’t going to be easily pacified or controlled.
I’m actually not sure who actually did it …
European politics runs very strange, very deep, and very sideways.
Not just Germany, and not just the EU. It was also the US consumer, since they are exporting OUR natural gas to Europe which raises our prices.
Yup, a massive two-fer.
Have to remember it’s fairly wet and muddy as of now and the trees still aren’t barren.
Apparently the US supplied tanks natural environment is more kitty litter than muddy fields.
Keep in mind Russia does know how to fight in the winter.
As for NS here is a long but very informative article about the effect of the sabotage on northern Germany and northern EU.
It deals with the fallacy of being able to extract and utilize the subsurface reserves of Russian natty gas, also the idea that the US can ship in LNG.
https://thesaker.is/germanys-failing-stored-nat-gas-lng-experiment/
Look at a map. Russia can export oil and gas by pipeline to a lot of countries. They can also put it on tankers in Black Sea if they have to.
Turkey will hold nobody ransom. They are more crooked than Zimbabwe.
Look at the article noted above it addresses the logistical issues of what you are suggesting, there needs to the right infrastructure on both ends and also the ships.
This is a many years long process.
Another consideration is all natty gas like all oil is not the same, the end products for oil refining depend on the content and the refinery is set up as such. Perfect example is gasoline sold in CA, special blends for CA only not brought across state line.
On the natty gas side the equipment at the final use location is tuned to the product. I realize your stove or water heater is basically generic, a power plant is a different issue.
Was able to work at a few sites that where being built for import LNG to US. At a couple of the sites the only product that was introduced was for the opening ceremony.
There were plans in the works before they were finished to covert to export, most have done that, one still sits idle.
So, it can ‘take awhile’ to set up distribution, with all the details you outline,…but it only takes days to STOP distribution, and thats really the key.
EU is screwed, bridge is burnt, and Russia doesn’t HAVE to respond to the pipeline sabatougue.
Awhile and a LOT of $$$, big lenders are not financing any petro projects, global warming you know.
Being around the industry over the years, from out on platforms to the processing onshore to refineries all over the world, the amount of effort and cost not only to put the infrastructures in place but the on going maintenance is astronomical.
The ROI is great some quicker than others.
One platform offshore Trinidad was going to operate @ 70% it was projected to pay for itself in under a year. Don’t remember the final cost but it was multi hundred millions.
The support barge with the cranes that set the unit was a million a day, that didn’t include the flotel the rig crew had to stay on until 1 of the fire pumps were operational, after that you could stay on the rig.
Had 1 LNG import facility that is still idle to this day, would believe that the export plant in Northern Africa is the same.
Think about it a gallon of ice tea cost more than gas.
Russian Strategy: Fill the Turkstream pipeline to south-central Europe and let north-central Europe try to outbid them to refill a share of the Nordstream pipelines, say with 40% of Russia’s gas on contract through each, leaving the other 20% for premium-bid spot-market sales. 😂
From what I’ve read the pipeline infrastructure in Germany is more regional and does not connect. That could present an issue.
I read the Saker article, whew, what a mess, thanks though!
Considering that one line of NS2 is still intact, do you think it would be sufficient to allow safe and effective use of the admittedly inadequate quantity of stored gas?
Europe is being awfully quiet it seems about Russia’s offer to supply via half of NS2, suicidal I guess, but it sounds like a lifeline to me, and Blinken’s assurance of a steady adequate supply of US LNG sounds like the gentle cooing of a nurse about to end the patient’s misery with a well applied pillow.
Does anyone over there understand what the hell is really going on, and what it portends?
Cornering the market.. I bet membership for Venezuela ain’t far behind.
All of OPEC+?
To my way of thinking, it is very unlikely that there will be “only two” “Poles.”
The essential concept of “multiple, competing ‘Poles'” is … “vastly bigger than ‘only one,’ which is unacceptable for many now-obvious reasons” … but also “not limited to ‘two.'”
A “pole” might be thought of as a global trade brokerage. “The West™” flagrantly abused this idea with its leftover notions birthed from “World War 2,” mistakenly seeing it as a tool for “global domination” (of course …) “according to its terms. That will turn out to be a catastrophic error, but certainly a foreseeable one.
Now, the rest of the world has learned from that experience. They now realize the value of creating many such brokerages – “poles” – which can then interact with each other as required. Given that there is absolutely nothing stopping any of them from implementing this new model … (“The West™” is militarily just a paper tiger) … they will now do so. I anticipate many “poles,” and that they will change from time to time. A single country might even belong to more than one “pole” at a time, if and for so long as it considers this to be to its advantage.
After all: “This Planet(!) is big!”
The G7 and BRICS are “economic” alignments, which allows for nations to pick and chose to different levels of memberships in multiple alignments.
This is going to create some very interesting looking actions as the US and G7 over use of and over reliance on sanctions may have just made sanctions a useless weapon. This is not necessarily a good thing as it drags kinetic options to the top of the list much faster.
This highlights the brilliance of President Trump’s Eco-diplomatic approach and the potentially disastrous approach of zero diplomacy being pursued by the Current US and EU regimes.
The concept of BRICS, as I understand it, is bigger than G7, as I understand it. However, I understand poorly.
The actual military capability of both the EU and the USA … of NATO in general … has never been tested against “a determined and resourceful enemy with independent access to resources and fully-maintained domestic industrial manufacturing capability.” Which many of the countries in question once were, but no longer are.
Let’s face it: all that “NATO” has actually done – besides being a star customer for the military industrial complexes of various nations – is to “dabble with” wars-of-choice in little desert countries that are of no real consequence to anyone. And yet, they have done poorly even with that.
Everyone picking a side before the third world war.
WW III is already in progress.
It is truly a full spectrum battle and this looking like the start of WW II, complete with a German State Actor leading the way for Europe. It took nearly 2-3 years for both teams to fully flesh out even in WW II.
The Germans had to actually conduct special operations inside the Baltic States, Romania, Hungary and Slovakia to bring them into alignment before the July 1941 invasion of the USSR.
The US bought and paid for the South and Central American support for the Allies or neutrality.
I consider this World War Xi.
WEF is China’s suicide pact for the West.
Daily Mail: Mohammed bin Salman’s cousin’s violent threat to the West: Saud al-Shaalan warns those who ‘challenge’ Saudi Arabia that ‘we are all projects of jihad and martyrdom’ – after Biden said there would be ‘consequences’ for OPEC cut
I don’t believe that. It sounds like CIA sh*t before they kill more innocent Americans.
Doesn’t the Republic led by PDJT seem like a lifetime ago? It sure does to me.
IMO, even with the Cold War and all the violence and assassinations, this is worse than anything I experienced in the 60’s and 70’s. Far worse, and setting new records for bad every day.
Russia, India, China as the big three? Other countries would be foolish not to join them. I’d expect it. This isn’t some big bad wolf out there. We did it to ourselves.
No “WE” didn’t do anything, and that is the point. It, is being done to us whether we like it, or not!
I don’t think anyone has fully grasped yet, that we are about to become the third world.
Holy sh*t that is a scary thought!
Long before Biden was installed, before he was even selected the Zero’s VP, if there one US politician that was the poster boy for selling out America, It is FJB.
Whatever side he pretends to be playing for, you can be absolutely certain that he is actually working for the other one. He is an evil demented sock puppet now gleefully foisting his wrath upon the world. The hate that burns inside him for humanity, and US citizens in particular, is palpable.
Face it: “BRICS is a thing.”
And, America’s fantasy of a “uni-polar world, with itself in the only captain’s chair,” is not.
“The West™” represents only about one-third of the world’s population, and a lesser portion of its tangible wealth and resources. (Forget your “imaginary currencies.” Those are “Rumpelstiltskin’s gold.”)
There is no technical (or other …) reason why “world trade” must be conducted in only one currency (“the US Dollar”), nor one interbank trading system (“SWIFT”), nor why traders must “beg permission from The Boss.™” and put up with his arbitrary and capricious “sanctions.”
None of this is truly necessary, and there are a’plenty of good reasons why not to allow this to happen. All of the necessary secure technology is available “off the shelf,” as is the implementation know-how.
So, “uni-polar” isn’t going to happen. Ever. The USA may or may not, in the end, remain “a powerful nation.” But it will be “one among many.” And it will not be “in exclusive control.”
In time, there could be many other “poles” in addition to these two. Why not?
And – international trade throughout the world will be vastly improved. (Yes, for the USA and the “former West™” also.) With many new opportunities undreamt-of in a very long time, and stability that we haven’t seen in centuries. The “poles” compete aggressively with one another, but none of them is “Lord.”
P.S.: Let me add to this comment myself just to clarify.
In time, there will be – and should be – [many] more than “two poles.”
BRICS, in my view, is not an attempt to “replicate ‘The West,™'” and should not be viewed as such. Instead of being, or dreaming to become, “a new avenue of World Domination,” it is the very simple strategy of building a brand-new road to overcome a roadblock.
The object is not to find “a new way to dominate the world.” Instead, it is to permanently remove the risk that “ownership of an international trade-brokerage infrastructure” can become a world-destabilizing weapon of war. Which is a very-obvious vulnerability of the present arrangements.
I expect “BRICS” to become “the second of many.” Because the notion of a “uni-polar world,” dominated by only one player, is very clearly unworkable. From anyone and everyone-else’s point of view.
Lord Voldemort (Harry Potter®) was ultimately killed when his killing curse “rebounded against” a superior magical force. The same thing is right now happening all over Europe. We all see it now: “Uni-polar is folly!”
But there is nothing that is actually standing in the way of creating a robust “post-WW2 international order” that is not subject to these abuses. And, although it took them more than eighty years to do so, “The Rest Of The World™” is just about to build it. “BRICS is only the
firstsecond.”Only China and India have dreams of power. China full blown world hegemony and India more regional, but for lots of money.
…the risk that “ownership of an international trade-brokerage infrastructure” can become a world-destabilizing weapon of war.
Or, rather, continue to be a world-destabilizing weapon of war.
Along with BRICS there is MINT- Mexico, Indonesia, Nigeria and Turkey. Couple these two with the fact that Europe is a dead continent due to demographics and a ‘new world order’ is forming, but not the one the Swiss and EU want.
Switzerland is an evil country parading around as neutral. Most know of their hiding/clearing Nazis after WWII, but they have allowed the WEF/Davos crowd to be headquartered and meet there and the Bank for International Settlements (BIS) is located there too. Instead of being a ‘neutral’ entity Switzerland has willingly been the de facto HQ/capital of the world the WEF Davos crowd want. A world BRICS and MINT seek to avoid or change.
To my way of thinking, this world is already filled with “groups of countries who regularly trade with one another.” The members of these groups are often geographically close together, yet the groups themselves are widely separated.
“The West™” is, for the present at least, “very different,” but let’s face it: “that’s a leftover from WW2.”
Each of these could form a regional “pole,” and perhaps be a member of more than one “pole” at a time.
I perceive that these nations will quite-sensibly shrug off(!) “The West’s™” increasingly-empty attempts at “domination” and plow their own furrow. In so doing, they will greatly increase their own national security. But at the same time, they will introduce redundancy, and with it “fault-tolerance,” into the trading expectations of the entire world.
(Referring to “The West’s™” attempts to “leverage trade-infrastructure control into a tool for ‘world domination'” quite-properly as “a fault which must be cured.”)
It is an advance that should have been done seventy years ago, although the necessary technology did not exist at that time.
How many of these countries receive foreign aid from UD? What would happen if it was gone suddenly? What would happen if there were no longer millions of dollars in under the table earnings being sent from America to Mexico? I
Their fates are chained to ours and it will be more complicated than simply declaring otherwise.
Uh oh, there’s going to be a real fight for that “S”.
I dreamed last night that USA nuked Russia and China at the same time. It ushered in the Green New Deal full force because there was no choice, and people owned nothing because China makes everything. No one was happy though. On another note, Turkey now owns Europes energy
That Green New Deal is paved in green glass.
Probably the survivors would shoot dangerous kooks on sight.
US urban/military areas would be paved in green glass, after Russia retaliates, even if 95% of Russia warheads removed or fail their targets. Then the world might restart frontier style, with many areas of Mad Max.
IIRC, Russia’s “gamechangers” include the recent launch of their Poseidon sub with 8 each 100 megaton nukes designed to create tsunamis that destroy all coastal cities … along with their capability to melt the Antarctica ice cap to accomplish the same worldwide.
I suspect the move toward all-digital currency in the US is related to the possibiity of the dollar losing its favored reserve-currency status.
Countries are probably getting tired of being paid in currency that reliably loses its value over time.
your comment makes no sense….ALL major currency atm are “fiat currency” and are therefore DESIGNED to lose value over time….it is a FEATURE of fiat currency….it is WHY they do not want it backed by anything with intrinsic value because that locks the value to an indicator
If you immediately spend the currency/bank credit you receive for real things (say a paycheck) it won’t lose its value absent some super hyperinflation, prices doubling each day.
It’s only when you loan your currency to someone else in exchange for IOUs that you expose yourself to a loss in purchasing power.
When you take on a loan, you also expose whatever asset you pledged to the risk of default if for some reason you can’t come up with currency in the future to make those principal payments.
Having an asset that you can exchange for increasingly worthless currency enables the transfer of the full ownership of that pledged asset for fraction of the original purchasing power you borrowed to acquire it.
financial institutions in the US take deposits and “loan” money on them multiple times…..the reserves a bank are required to have on hand are only about 10% of its stated total deposits….they have loaned out by a factor of 9 their deposits with interest accruing…..what you touch on is for financial vehicles when you lock in a loss by a sale or realize a gain if it has appreciated
the rest of your post is what engineers calculate in Current Value (CV) and Future Value (FV) using different equations with the expected interest rate of inflation…..no different than what a bank does to determine a monthly payment on a loan…….ALL capital projects go through this procedure to see the annual and total cost and to see if they can be economically self-sufficient
The most annoying thing about fiat, is those who control it used it to by real things en masse.
Like a substantial portion of the US single family homes.
So, like paying into a retirement pension, Social Security, or life ins. policy is REALLY stupid?
Cause you pay in $ now, in order to get $’s 20-40 years from now, that have MUCH LESS purchasing power.
“I’ll give you $200, Now.
You invest it, get a return, and in 30 years, you give me $20?”
Unfortunately, Kroesus, the USA – my(!) country – has been shamelessly exploiting and manipulating its own currency for a very long time. It is now profoundly obvious that its birds are at long last coming home to roost. About seventy-five years too late.
Hence the abandonment of the gold standard at Bretton Woods.
that set the current situation geopolitically….. allowing Saudis to pump petroleum to the West at a set cost, get military protection and buy US Bonds with excess profits……the US would open its markets to the rest of the world to allow them to sell the excess production and expand their economy while at the same time funding defense of “neutral” world trade routes to enhance global trade…..the “rules” of this new system were to be enforced by the UN and the Hague so that a “peaceful” coexistence could flourish over time expanding the world’s economy
The problem with “the gold standard” is that there is nowhere near enough “gold” to denominate the transactions which have to happen around the world every single day.
The “fiat” system would work i-f(!) “every single participant was financially responsible, and considered itself to be a fiduciary agent on behalf of its citizens.” Unfortunately, the USA most-emphatically is not.
Uganda not long ago discovered an estimated 12 Trillion dollar gold deposit.
I understand there are folks betting on how long before we protest human rights abuses and take over the country to protect its poor embattled inhabitants (TM).
I stack silver.
While that is true, all fiat currencies will lose value over time that are not backed by something more substantial like gold or other.
It’s more about the resentment toward the one’s controlling and inflating that fiat currency towards their own ends.
a “fiat currency” by definition is NOT backed by anything of REAL worth……it has a PROMISE of its value…..THAT is why it is called fiat currency
Essentially IOU’s.
all currency is technically an IOU….some just have collateral backing them like gold or silver
Accurate. Realized I would have been better off to reference paper currency in my first comment as it is easy to debase. Though, not as easily as an intangible digital currency that exists in cyberspace.
remember digital currency is not only fungible but also deniable by proxy for whatever reasoning they wish to use
All the appeal to control freaks and wannabe tyrants.
Wealth can only be created by participants in financial system, where those in the positions of power have the best interests of the participants in mind. Once faith is lost of one of the other, and vise versa, the system will eventually collapse upon itself.
Traditionally small businesses have been the mechanism for non pols to advance beyond their station. Lately, that has switched to government jobs, and their outrageous pension plans.
Small business is now the target of the system, systematically destroyed to make way for a broad overarching authoritarian state. A brave new world.
Capitalism has been turned on it’s head, and a new way of conducting trade will be implemented where the individual is of no more concern than the good or service being transacted.
Keep in mind, the word “value”…one often sees it associated with certain stocks and mutual funds….
and don’t forget the “past performance is not indicative of future results” or some such liability release statement.
Money talks and mine, lately, says “good-bye”.
They don’t need to be ‘backed’ by anything. We have learned time and time again whatever is backing the currency eventually finds its way out the door and the backing goes away.
What we need is monetary and currency ‘competition’. All that needs to happen is all capital gains are removed from all forms of currency or money.
The concept is called Freegold. The website below goes into great depth on the subject.
http://fofoa.blogspot.com/
The move toward digital currency is to increase control over the population. Especially those that would politically or socially oppose what these monsters have in store for us.
Unfortunately as we lose top dog status in a multi polar world, the deep state turns its control attempts inward rather than outward.
Buckle up, it’s going to get a lot worse. The “leaders” in this country are going to fight over the scraps-that’s us.
You will own nothing and like it.
👍
My prediction? A purely digital currency would be just as fiat-ty as our current one.
More so I’d say, for with social credit scoring and all the other abominations being forced upon us will see folks unpersoned and impoverished with a key stroke.
Fiat has never been so fast or brutally efficient as the depraved new world the schemers are establishing.
?
A BRICS “economic coalition” will last about 10 minutes, on the outside. No two BRICS countries have anything in common and some have natural antipathies.
PRC, BRICS leading economic partner atm is in the process of an economic implosion….what do they do when 70% of their coalition’s economic worth is now unobtainable?
Kroesus: A currency’s value is underpinned by a combination of creativity and productive capacity. Even in its current sorry, politically debilitated state, the US still has greater capacity for innovation and new value creation than any other country, including China. While China has enormous productive capacity, China has failed to export its culture to the rest of the world, and none of the world’s “migrants and refugees” want to go to China. The US also has greater agricultural capacity than anywhere else, and, under the right leadership, can be energy independent.
the current economic principle of the US Dollar is based on the promise of America underpinned by an expanding debt-based economy….a continuation of this REQUIRES an ever-expanding debt
Failed to export its culture? Its culture is its labor. How many items do you own made in China?
Having applesauce tonight? That too, is made in China.
Kung fu? Chinese take-out? Paper money? Compass? Gun Powder? Paper? Printing?
https://en.wikipedia.org/wiki/List_of_Chinese_inventions
Compasses have been found on Phoenician ships at the bottom of the Med. They didn’t get them from China.
And, what, exactly, did China ever do with anything it ‘invented’? It took Westerners independently inventing the ideas (printing press), or bringing them to the West for the idea to spread.
Face it, Han China is a supremacist, closed, bigoted society that despises foreigners and thinks its unwashed, flea ridden past is better than anyone else’s.
They gave Europe the Plague.
On a lighter note, Pekingese dogs were bred to sit in the wide sleeves of the imperial Chinese masters to attract the master’s fleas. Also, new clothes were often put on over soiled or torn clothing in ancient China.
China does not have an origins of man myth or tradition. The earliest Chinese writing is found on devination or oracle bones.
So, bip China.
The Palace of Versailles was used as a public toilet, as were other palaces where feudal supremacy reigned. Your point is what? Western Elites are your new feudal lords. Want to discuss what has changed?
“China has failed to export its culture to the rest of the world”
I find that comment I interesting.
“Culture ” does not manufacture products.
4gypybreeze: Culture does, indeed, manufacture products, which can be things or ideas that people consume. This includes art, literature, music, theater, fashion, entertainment, cuisine, etc.
The dynamism, attraction and competitiveness of Western economies comes from culture, not manufacturing capacity.
People = Labor, and Labor = Wealth
BRICS is now 13 years old.
Evaluating the economies of BRICS using Western Standards is a very dangerous assumption, proven wrong over and over … How many times over the past 6 years has China inc. been declared in a state of collapse??
Also, the value of currency has been “declared” and “set” arbitrarily for centuries. The establish a world currency the ability of major world economic powers to “set” value for their currency has to be destroyed or willingly surrendered to a central authority. This is the core of the battle in progress at this time … the GOVERNMENTS in the rival teams G7 and BRICS are willing to surrender to set up the Global Order but they want to hold the majority of the seats on the board that sets value.
we could collapse PRC at will…deny them access to western markets and capital ventures…..lack of future funding would cause their current MASSIVE debt (MUCH larger than US) to be so overbearing they could not possibly service it
When has PRC failed to meet growth projections since its admission to the WTO?…..when has PRC suffered NEGATIVE growth over a quarter in the last 30 years?…..before is one thing NOW is much different
The Territorial entity called the US is economically and financially approaching the point where it will not be able to collapse a house cards…by design.
Who will do the collapsing and denying … the US Financial Puppet Masters who are now Globally focused and have fed the BRICS and G7 beasts at the same time???
Your assumption that China Inc. is a national entity is that can be assessed economically like the US is also greatly misplaced.
it is an organized government entity like any other and is already suffering lots of internal strife to accompany its economic instability……your faith in it is similar to your faith in other fantasy beliefs you have expressed here
thedoc00: Yes, as a geopolitical concept, BRICS has been around a while, but, this new idea of BRICS countries becoming an integrated, dynamic, globally dominant, economic enterprise is unproven.
BS
It only has to last ten minutes to wreck the US dollar.
I see it as a conflict between a Malthusian Cult run out of Davos via its WEF stooges vs ‘all’ of mankind.
Recent elections in Europe indicate that even more people are waking up to this reality along with how complicit their own ‘leaders’ are with this Satanic cabal in the suffering that is coming to Europe and then in all the lands of the Western world. Like Cortez burning his ships, they conspired with the US to destroy what access they had to inexpensive energy from Russia.
In the United States, more and more citizens are becoming aware of this; namely that FJB and other uniparty WEF stooges are money laundering and/or Malthusian cult members themselves with most sent back to office again and again, via widespread voter and election fraud.
Time will tell if we have enough real American Citizens to overcome this massive headwind of voter and election fraud in November and then focus on shutting down FJB while increasing voter and election integrity even further in 2024 enough for PDJT to win a third time ‘and’ get back into office.
While we are all very familiar with the principles of MAGA/CTH etc; George Gammon did a great deep dive into the thinking process of Satan’s stooges. To defeat your enemy you need to know how they think and how they deceive you.
The US has $31 trillion debt on the books and at least three times that in unfunded liabilities for social security, Medicare and a host of welfare programs. We can’t even pay the interest on the debt without borrowing more money. Losing reserve currency status will make the ongoing funding of the debt and monthly deficits impossible. Because this situation hasn’t blown up as yet we’ve become complacent that we can continue as is perpetually. I don’t think so.
the US even with its attendant corruption still has the most stable government and financial markets on the globe as of this moment so is a positive for investment and bond purchases relative to other nations
In short, the US will default via inflation. It has always been this way with fiat currencies. It has never been any different.
The cash flow from existing debt obligations (Mortgages, Loans etc.) will be aligned with (SS and Pensions etc.) under a new currency.
It’s similar to bankruptcy only on a nationwide scale.
Bank accounts under a certain amount will receive a 1-to-1 conversion (old dollar to new dollar) with progressive haircuts as the amount goes up. Hopefully, those with Billions in uniparty fraud money offshore receive zero.
Since the US will no longer be the reserve currency we won’t be able to receive more value in our imports than we export.
it is an interesting conundrum…the world is in MASSIVE debt to itself…….look at ANY nation and you will see its national government has a debt load that is generally unsustainable under current conditions….the old riddle about paying yourself the debt you owe yourself transferring money from one pocket to another
I have always been opposed to Social Security, and welfare programes.
People should be allowed to save for their own futures as they see fit, and if you’re not prepared to work you get nothing.
https://www.theguardian.com/us-news/2022/oct/14/democrats-us-weapons-systems-saudi-arabia-ukraine
FTA “Democrats on Capitol Hill have suggested transferring US weapons systems in Saudi Arabia to Ukraine and suspending a planned transfer of Patriot missiles to Riyadh in the wake of what they call a “turning point” in Washington’s relationship with the kingdom.
Ro Khanna, a Democratic congressman from California who is a leading supporter of a weapons freeze, said he believed that “at the very least” Congress would move to halt the transfer of Patriot missiles to the kingdom, and probably pause other defense initiatives.
The break in the relationship followed an announcement last week that Opec+, the oil cartel, had agreed to cut oil production by 2m barrels a day over the strong objections of, and lobbying by, the administration of Joe Biden. The move was seen as both a boost to Vladimir Putin and his war effort in Ukraine, and a stunning betrayal of Saudi Arabia’s relationship with the US, just weeks after the president had visited Crown Prince Mohammed bin Salman in Jeddah.
While physically transferring existing weapons systems in Saudi Arabia to Ukraine would not be particularly complicated logistically, experts said it could risk accusations that the Biden administration was escalating its support for Ukraine beyond levels that it considered appropriate, because the systems might require on-the-ground US personnel for support.”
How much oil do we import from the Ukraine? None! We import on average about 500,000 bbls/day from Saudi Arabia! Yet some Democrats want to protect the Ukraine over Saudi Arabia? So protect the corrupt Ukraine but leave Saudi Arabia undefended?? Wot? California Democrats bat shit crazy!!! What would happen if the US lost that 500 thousand bbls/day? It would be catastrophic economically and energy wise!!! Unbelievable such discussions are even being held!! Under President Trump we were energy independent and I pray we return to that again in the near future!
Rho Khanna is not known for being smart.
Wondering why SA is a founding member. What do they bring to the table? Aren’t they just about a failed state now that the White farmers have been either killed or driven out of the country? Their GDP is ranked 39th in the world below Nigeria and Vietnam.
Yes, they have large Gold mines, but even the importance of the Cape of Good Hope to world shipping has declined after the Suez Canal was built.
China is behind SA being admitted.
HIS SA is South Africa the ORIGNAL S in BRICS…..not Saudi Arabia…..hence his talk of Suez Canal limiting transport around the Cape of Good Hope
Remember the China Inc. gloating about the US issuing waivers for Chinese Minerals being used in US Defense products …. South Africa has a similar hold on rare mineral used by the US.
Then there is the massive effort by China Inc. to control raw materials as in Africa.
Congo — Tungsten and Cobalt……Afghanistan —- Huge deposits of Lithium
The US produces more gold than South Africa. In fact at 250 tons per year vs 125 tons for South Africa. South Africa’s gold mines are largely played out and very deep underground. The US has shallow open pit mines mostly in Nevada.
I used to gold mine at a small outfit in CA….we mined 80,000 troy ounces/ year…. which is about 5700 pounds of Au……once had a bar in my hands worth around $250,000 at the time when gold was only $380/oz
open pit mining with heap leaching using Sodium Cyanide to put the gold in solution…..I ran the processing plants at three separate mines to extract the gold so it could be refined
That must have been a pretty heavy bar!
Most of those Nevada mines will not be operational with the transition to green energy.
South Africa has mineral wealth beyond gold and diamonds. Chromium, vanadium, iron, platinum …..
And there is now a lot of open farmland. If China can use South Africa to bring Zimbabwe and The Democratic Republic of Congo into BRICS+ that would put a large portion of African mining and agricultural output on their side.
Biden has managed to alienate almost everyone with his idiotic policies. I know that he’s not really running things but he is the face of it all.
He ain’t running things but is mouth blurts out insults that the puppet masters are not happy about.
It would be interesting to see, if BRICS+ truly sticks to their design to be an alternate trade mechanism that is set up to allow the individual governments, regardless of their structure, to call the shots of trade in and by their nations, that if Saudi Arabia joins – would Israel also be welcomed?
If that were to happen, that would be a huge statement.
Multi polar world in the making. All for the best eventually. Preferable to the ‘reset’ nightmare.
Even though this development will likely harm my finances, I support it as an effective means of tempering the hubris and dangerous arrogance of the Federal Reserve and its like-thinking pals in the EU.
The US had a huge chance with the fall of the Soviet Union to transition from the “big two” to the “big four or five” with none of them being more powerful. Maybe all get along and realize that it’s economic differences, not military differences. Instead we chose to be the “big one”. Hasn’t worked out well for most. We’d have another chance if the “dollar standard” goes away. We could learn from the sustainability of Russia’s economy which we used to be like too. We’d have to find some old school diplomats to actually be educated and be capable of diplomacy. It will take a generation before people learn to trust us.
Joe Biden is going to be really mad now. He is probably on the phone right now talking to the CIA about ‘regime change’ in Saudi Arabia.
The Rise Of The Global South And The Foundation Of A New Currency System
What is worth considering is that this new BRICs based currency system hasn’t got the debt based system in place, where participants are tied to it like serfs.
This new currency system will be backed Currency. It is what the BRICs are known for.
Here we are.
The foundation of a new currency system is being built together with trade being conducted outside of Western financial institutions and centers.
https://greatgameindia.com/rise-of-global-south/
The new currency system will be backed by commodities and/or gold in comparison to the debt-soaked western countries.
The intellectual re-emergence of fascism has sparked the atavism of racism.
This BRICS nonsense is obviously along a racial divide.
Humanity has never found any moral or intellectual alternative for Americanism.
The birth of America was the potential salvation of humanity.
The ironic trap is that even so-called conservatives or liberals cannot overcome the Hegelian canard that progress is inevitable.
No, humanity can backslide as easily as progress. The holocaust did not teach even the most enlightened humans that, so nothing will.
Christ and America. I rest my case.
It’s about control.. the Feds cannot control crude oil, natural gas, coal etc. they can regulate it and tax it but they can’t control. Those that want to destroy the petroleum and coal industry are not capable of or smart enough to run anything related to petroleum or coal. However, they, the destroyers, are certain they are smart enough to build windmills, solar panels and electric trucks and cars. I assume the destroyers will have complete control over us once the country is run on solar and windmills. That is the fantasy before us at this point in time.
I keep looking at that picture at the beginning of the article…
I never knew Bill Cosby was the President of Saudi Arabia 🙂
Being the reserve currency provides the ability to buy commodities and labor for printing press money.
The petro dollar is a large reason why we have maintained the reserve currency status. When America’s reserve status disappears so will the Feds ability to print another 30 trillion.
From the above you can assume that the Fed will do what it can to keep the current status quo.
We are in an economic war and the bankers on both sides are not “good” guys.
Somewhat related article
https://www.zerohedge.com/geopolitical/its-global-govt-re-engineering-austin-fitts-warns-fed-actions-are-100-power-politics
The rules based order is done, Saudi Arabia confirms this past week
many nations are just telling the United States, No!
Soon, in classic Biden diplomacy, we will hear, “Ramaphosa ain’t black.” Cue the ripping of bicycle chains off the sprockets and threatening the House of Saud with getting CornPopped.
What has the USA come to ?
For me, there was never any doubt the Saudis would join BRICS.
Ukraine is about destroying Russia, as a “Nationalist” country, that is a major oil producer, WEF views destroying or conquering it as essential.
SA is ALSO a Nationalist nation and major oul producer; WEF policy was behind, I believe theefforts of Obama/Hillary to ‘destabilise’ the whole ME region, for the same reason.
In other words, WEF has painted a bullseye on Saudis back and they are next; the Saudis ain’t stupid, and so of coarse are going BRICS+.
Related, check out the MASSIVE, 100,000+ person protests across Western Europe!
MEDIA blackout, but Germany, Chech Republic, Italy, France YUGE, Co-ordinates protests as the citisenry are rising up and saying not just “No” but “Hell no!” they won’t comply.
Story on todays AmericanThinker has links to videos of MASSIVE protests across europe.
So, WEF is getting ‘hit’ from all sides.
I dispute the assertion that the ideologues of WEF “aren’t stupid”.
Hubris and arrogance certainly can lead to stupid behavior, and they certainly have an excess of that.
And, please show me ONE of their “front” men and women, that exhibits any signs of intelligence,…anywhere?
Macrone, Truedope, Biden, Harris, Buttgig,..ANY intelligence?
Oh, but the people BEHIND them, the unseen string pullers,…THEY are smart?
Still NOT convinced.
Insane Idiots In Charge; DANGEROUS yes, SMART?
Don’t see any signs of it.
If you were to ask me, those WEF ideologues are being setup for a fall.
I caught that as well, but their sense of importance prohibits them from realizing the same.
Narcissism among other things tends to do that.
Great points Dutchman.
As to the following: “And, please show me ONE of their “front” men and women, that exhibits any signs of intelligence,…anywhere?”
Of the ones you listed, Macron seems to be the standout. It seems he can see the direction all of this is headed, what he does from this point forward is anyone’s guess, but at least he knows what’s going on.
Love it
Biden foreign policy in action once again.
Is there anything he hasn’t made worse?
The climate as they have had no effect on it whatsoever.
Saw this and watched the SA Pres video earlier. FYI the “S” in BRICS is for South Africa. Saudi joining is the + in BRICS+.
This is it right here. I stand by my assumption this is what has been the primary motivator in destroying Russia. TPTB knew a strong Russia would not only be a thorn in their Global Hegemony side but also encourage others to jump on board. This is also what concerns me because I don’t see either side backing down. As far as Ukraine and Normies are concerned, just stick to the “it’s none of our business” line.
or as some have already suggested–“BRICKS” with the ‘K’ standing for the Kingdom of Saudi Arabia.
Which is why Biden, Putin, Ukraine, etc….do not want to end the fake war in Ukraine. Everybody wins excepts us. Biden does not represent us. His installation represents the interests of the western alliance globalist uninational collective.
Putin would seriously like to end it but he’ not backing down without getting concessions from the West/NATO that de-militarize Ukraine and rids the Donbas of the Nazis. I don’t blame him.
And understandably nor will he GB. He knows what awaits him if he does. A massive barrage of Western propaganda followed by the breakup of his country and topped off with his arrest and trial in The Hague. The end of Russian culture and their way of life. Soon to follow will be the entire world’s submission to the Globalist Neocon Elite. I think it’s safe to say there’s a lot at stake.
Looking at the other side, a lot is on the line as well. With a pragmatist like Trump concessions and compromises could have been worked through. With the elites in charge there’s probably not. The world without their guidance is tantamount to hell. This is how they think I’m certain of it. The old order only becomes the new when total domination has been secured.
biblical prophesy … appearing right in front of us all … and mankind disregards it … at it’s peril … the CREATOR” decides … if, when and how … for “HIS” will , to be done … unfortunately mankind in going to learn the hard way … ( arrogance and stupidity … is not recipe for success ……. )
I fear the Champion of Capua is correct.
From RT News, Indonesia is current president of G20 nations
“Indonesia’s central bank has spoken out against the use of the US dollar in export-import transactions, and called for a switch to local currencies in international payments to reduce dependence on the greenback, news portal Tempo.co reported on Friday.
Most of Indonesia’s international trade transactions are conducted in foreign currencies, predominantly the dollar, according to Nugroho Joko Prastowo, head of Bank Indonesia’s Solo Representative Office, as cited by local media.
“90% of export-import settlements are in US dollars, when in fact the value of Indonesia’s direct exports to the US is only 10%, and the value of US imports is only 5%,” the official told journalists after opening a session on ‘Utilizing Local Currency Settlement (LCS) to Increase Export-Import Efficiency of the Greater Solo Region’.
He said transactions in foreign currencies incur conversion costs, and when they are in US dollars, “the conversion fee is doubled,” suggesting that a system of bilateral payments in local currency could solve the problem.
The official said four countries have agreed to utilize LCS with Indonesia so far, namely China, Japan, Thailand and Malaysia. “
We’d better work quickly to be self-sufficient! No more of this globalist crap where we’re beholden to crazy leaders for necessities.
Just another reason to vote Republican, people.
Population of the West is about one billion. Putin calls us “The Golden Billion.” Population of BRICS is about 3.5 billion. Which leaves about another 3.5 billion to choose West or Brics or ?
BRICS. Sounds like a good response to the US’s obnoxious, bare-fisted overseas bullying.
But it seems to me, there will have to be a fair amount of trust between the partners for it to work.
Russia, with its “Now ya hot, now ya cold. Now ya hot, now ya cold” approach to Europe has shown how it will behave.
How long before China, probably the most corrupt country in asia, decides to rev-up the printing presses to liven
things up.
I’m sure there will be “safeguards” to keep the members honest.
I’ll bet by the 2nd BRICS summit, there’ll be fistfights that would make any western bar brawler proud.
Or their distrust and disdain of a common foe unites them. That’s what I see happening. Deal with the Beast (West) and we’ll iron out our differences later.
“…the BRICS group are the opposing element to the World Economic Forum assembly.”
This is missing something: WEF (globalists) depend on China as the world’s industrial engine now.
BRICS+ is centered on China. So WEF cannot be opposed to BRICS+, they are actually all part of the same team.
And as we hear of the depth of the biden family corruption ties to China, we also see that the US regime is ALSO on that team, in reality. Therefore, of course the intel groups are part of it, which means five eyes – which means CCP eyes are part of the eyes.
One team. Taking down the post-WWII US Bloc hegemony and replacing it with the China-based BRICS+ hegemony. THAT’S the “great reset”.
Everything happening fits that explanation. Including the government-corporate-inflicted decimation running the US down now. (“Public-private partnerships”)
And the implication is that the whole Russia-Ukraine thing, which was the pretext for the sanctions, was actually a coordinated ploy designed to provide pretext for the sanctions. And other things, like sabotaging the EU industrial power Germany.
That’s right: If BRICS+ includes Russia, China, and the US behind the scenes (because the current regime is corrupted > controlled by China), then all of these players are in on the play.
And of course the globalists, who LOVE China. Such supply chain performance at such low cost, filling the globalists’ pockets with gold.
The play: Decimate the US Bloc hegemony, replace it with the new China-centered Bloc hegemony.
The decimation includes multiple things internal to the US Bloc – have you wondered WHY the engineered bioweapon virus was released, with impact to US Bloc nations made much more severe by authorities, followed immediately by the novel shots which are increasingly revealed to be gravely harmful by mounting data? Still being pushed, under heavy censorship and propaganda?
People may say “surely no government would sacrifice their own people like that?” Have we forgotten the many millions sacrificed by such governments in the 20th century to serve the cabals?
Or the people to death protocols like intubation and Remdesivir. Up until 2020 I thought of our government mostly benign. Heading towards unthinkable territory but not there yet. I miscalculated.
So can the United States pat itself on the back for attempting suicide in a green and sustainable way? The left must be so proud.
They (Neocons & Green Leftists) are a death cult. Anyone who is not awake risks their lives but more importantly their souls.
Meanwhile … back in the Democrat-run American Deep State … we “care” about Ukrainian Democracy.
Yeah, the “democracy” in Ukraine that our deep state created by overthrowing the Ukraine’s old government 8 years ago.
And the destruction of a Free Press. Ohhhh yeahhh … because: disinformation
Unbelievable what our leaders have done to this country. Hey but at least we will still have a strong relationship with the blood sucking Zelenskyy so our most corrupt politicians can still cash in and with our NATO partners most of which are destroying their countries too.
Unfortunately my fear and concern over the agenda of the w.e.f. And the purposeful degradation of our culture by the Left, has me hoping that the West loses big over the ideological tyranny that they are trying to impose on the west.
Fox Business Video – Get ready for gas prices to soar in the next 50 days
https://commoncts.blogspot.com/2022/10/fox-business-video-get-ready-for-gas.html
As soon as the GOP takes over Congress the MSM will do their job and blame it on them.
How do I join Brics ? Will there be an investment fund ?
Republicans should broaden their horizons. No need to watch Tricker or any of the other media blowhards. Try these guys on youtube. You may not like them but feasting on the same old same old is lazy.
Mearsheimer
Zeihan