The BRICS economic partnership was formed during the Obama administration. Brazil, Russia, India, China and South Africa (BRICS) watched U.S. President Obama subcontract U.S. trade policy to the U.S. Chamber of Commerce and Wall Street.
In the aftermath of the 2007 economic crisis, created by Congress and banking interests, the BRICS group identified two central points of ‘western’ financial influence that concerned them.
Following the financial crisis, the relationships around the World Bank (WB), International Monetary Fund (IMF), EU central banks and various multinational institutions and multinational corporations, merged even closer with the government.
The priorities of the Davos and World Economic Forum (WEF) crowd were now virtually indistinguishable from many national governments. We are almost twenty years downstream from that inflection point, and we are seeing the outcomes.
The WEF essentially flipped the traditional record of ‘fascism’. Instead of government telling corporations how to operate, the modern version was now corporate assemblies giving direct instructions to installed politicians for government policy.
Put another way, multinational corporations are telling government officials what to do. Think of “The Great Reset” or “Build Back Better” or climate change (Paris Treaty), as recent examples. Worse yet, western governments are doing exactly what the WEF has told them to do.
This corporate control of government is exactly what the BRICS assembly foresaw when they assembled. 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.
As a result, if you really boil it down, what you find is the BRICS group oppose the WEF business model.
BRICS are not against capitalism in its original form per se’. Rather the BRICS assembly was/is against corporatism controlling the outcome of government policy.
The leaders of Brazil, Russia, India, China and South Africa joined together in order to make sure their subset of economic power put government back at the top of the control/power dynamic, and multinational corporations under them. This is their essential commonality.
President Obama, and the people around him from Hyde Park, were/are domestically focused ideologues. Much has been written about them, and we will not repeat. However, the lesser emphasized point of the Obama era is how issues that touched on foreign policy were subcontracted to others.
Foreign policy was not a central focus for the Chicago team. Giving Hillary Clinton the Dept of State really was not considered a concession. The Obama group were laser focused on fundamental change inside the United States.
The Obama network’s aspirations were to reduce the geopolitical status of the U.S on the world stage, through the same approach the anti-colonialists would seek to break up the British colonial power structures. This is an important reference point often missed.
Hillary Clinton could essentially manage the State Dept as she wanted, as long as the overarching intent of the Obama policy was maintained. Spreading the wealth, diminishing global U.S influence, and raising up the rest of the world was the only objective of Obama foreign policy Clinton was expected to maintain.

President Obama took that outlook toward U.S. strategic trade interests. This is why President Obama subcontracted trade policy to the President of the U.S. Chamber of Commerce, Tom Donohue (pictured above).
During President Obama’s terms in office, the U.S. CoC, the lobbying entity of Wall Street, literally was in charge of trade policy. The U.S. CoC wrote the language, the actual terms and conditions of U.S. government trade policy.
At the time when the U.S. CoC was permitted to do this, the Transpacific Partnership (TPP) trade deal was being written. The U.S. Chamber of Commerce was literally writing the language in the TPP and negotiating with the other nations involved. Put another way, the policy arm of multinational Wall Street corporations was writing trade agreements.
Can you see how the corporations were positioned to support globalism?
On the Atlantic side, the Transatlantic Trade and Investment Partnership (TTIP) was also coming once TPP was finished. It was not the U.S. government negotiating these terms, it was Wall Street and the Multinational Corporate and Financial establishment, via the Chamber of Commerce, writing these deals. See the problem?
The leaders within BRICS could see the future of what this meant. Everything is about the economics. There are trillions at stake.
The Word Economic Forum, the assembly of the multinational corporations and banks in control of economics and trade, would now be dictating policy to NATO, the European Union, Central Banks, the International Monetary Fund, World Bank and eventually the World Trade Organization (WTO).
The BRICS nations could see that corporations would be in control of western government finance and trade, and as a consequence, when those same multinationals approached them for trade negotiations, the size of influence of the corporations could be too massive to fight.
BRICS assembled in 2009 to unite, defend and combat this problem. This was their core mission, their commonality.
When President Trump was elected, for the first time since their assembly, BRICS saw a U.S. President with a completely different agenda. Donald Trump was not in favor of multinational corporations running and influencing government. Ideologically, as an economic nationalist, Trump was of the same mindset as the BRICS group. WATCH (1 minute):
When President Trump took office, he literally tore up the TPP trade agreement that Tom Donohue had established; he kicked the U.S. Chamber of Commerce out of government, and he established his own trade negotiating teams to put government back in charge of trade policy.
President Trump took us out of TPP, withdrew from the Paris Climate Treaty, dropped TTIP, triggered NAFTA renegotiations, initiated tariffs against our economic adversaries (impacting multinationals), and told NATO to start preparing to take care of themselves. President Trump was the first economic nationalist president in modern history.
Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin and White House Trade and Economic Advisor Peter Navarro took over from the U.S. Chamber of Commerce.
Trump established the economic and trade goals, the team worked the granular details, and ultimately Trump made the decisions, yes or no. After Trump took this approach, the BRICS group essentially stopped pushing against the dollarization of global commerce.
With the United States through President Trump now confronting the WEF, NATO, the EU and all the multinationals (often called globalists), the BRICS team could pause their mission for a dollar alternative.
Factually, BRICS didn’t even generate much momentum during President Trump’s first term, because the U.S. trade and economic policy known as ‘America First‘, was essentially in alignment with a more nationalistic BRICS mission.
Unfortunately, it was the scale of the WEF, EU, NATO and multinational opposition to President Trump that eventually won the political battle.
All the multinational corporations, including Big Tech and ideological globalists in media, aligned to remove President Trump. That was the scale of his opposition, and COVID-19 represented the tool they could use.
In the aftermath of the 2020 election, literally just days after the election, the BRICS group was back on the phone planning to start meetings again in 2021 on the sidelines of the G20 summit. The BRICS group came back together during Biden because the multinationals were back in control and dedollarization became a goal again.
For obvious reasons, part of the BRICS agenda is to create a trade currency that is not the dollar. The western sanctions against Russia showed them the risk.
In many very direct ways, what we saw come out of the Russia -vs- Ukraine crisis is a geopolitical battle between the outlook of BRICS (economic nationalists) and the NATO, EU, World Economic Forum, multinational corporate assembly, i.e. economic globalists. Despite the sanctions, China and India continued purchasing Russian energy products in support.
At stake in the Ukraine battle is the modern structure of the global economy and international politics. This is why we saw the people behind Joe Biden, Samantha Power, USAID, along with NATO, the EU and all of the affiliates under the control of the World Economic Forum going so hard against Russia.
EXAMPLE: India would not denounce Russia during the United Nations Security Council vote. Biden retaliated.
- The Biden administration is looking whether to apply or waive sanctions on India for its purchase of the S-400 Triumf missile defense system from Russia, under Countering America’s Adversaries Through Sanctions Act (CAATSA)
- Lu’s remarks came as India drew criticism from US lawmakers, both Republicans and Democrats, at a hearing on the “US relationship with India” for being among 35 nations that abstained Wednesday from a UN vote to rebuke Russia’s invasion. (LINK)
We already know which side of this geopolitical battle corporate media, Big Tech, Hollywood and the social media control officer’s support, unbridled globalism.
However, President Trump won reelection, and with that outcome the end of the Ukraine conflict, combined with an unraveling of the sanctions against Russia, becomes an objective. Not so much to support Russia, but more to weaken the BRICS effort for a dollar alternative.
Keep in mind, these are the ‘trillions at stake’ elements. President Trump restraining the World Economic Forum influence, diminishing the role of corporatism in global government, and simultaneously supporting economic nationalism.
All of those interests are not going to give up their position without a fight. Ukraine represents a very significant frontline in this battle. At the end of this high-stakes conflict, is the image we have been using to highlight the WEF’s preferred global outcome.
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What a great analysis and break down of what is going on behind the scenes. Thank you Sundance for all you do🫡.
This is my very favorite Sundance post of all time. I’ve understood the basics and many specifics of what’s been happening all these years, and the groups/silos/interests involved, but not the impact that caused relative to the BRICS movelent. THAT was the missing puzzle piece. THAT is what many Americans need to understand.
Globalists have been successful inflicting Anti-Trumpers with TDS virus based simply on fake/frivolous issues. They’ve never DIRECTLY gone into details with Americans as to why THEY can’t/don’t attack their true hatred of Trump because they don’t want to draw attention to it: he’s not a Globalist but a Nationalist.
I remember watching this episode of Tucker’s Fox early 2017 interview of Nigel Farage discussing what looked to be the rise of Nationalism based on Trump’s success at the polls and the UK’s recent BREXIT vote. Farage demurred and offered that he likes to call it “Nationism” not “Nationalism”. My reaction at the time: Nigel knows the Globalists will start tying Trump to Nationalism’s Nazi past, which is exactly what happened. I never did hear or read any further mention of his effort to re-label the nation/state as NATIONISM, except when Raheem Kassam mentioned it the next day on Warroom.
Seems like we should we join BRICS. Aside from the currency issue we have common enemy in WEF/bankers.
Absolutely correct … The ugly reality is that the dollar is NOT the currency of the American people anymore. The globalists conquered our country by buying our corrupt ruling class then subordinating them into a mere administrative class answering only to them. Globalists have been busy for decades printing vast sums of money which they have loaned to Western governments and which is then spent to dispossess European-heritage people from their own civilizations.
Your children and grandchildren are not only expected to accept being hated minorities but to labor under oppressive taxes to pay back the money have fiat printed the money loaned to the globalist-occupied governments which have dispossessed them. It is insane. The solution is full remigration of hostile populations from Western Civilization and this must include the globalists. This must then be followed by abolition of international fiat currencies like the dollar and euro, reestablishment of national currencies and repudiation of all debt made in our name without our consent. You can’t have a normal healthy country if your currency is the world’s reserve currency. This experiment is a failure. It’s time to end it and return to what has worked much better in the past.
Look into how your school district has leveraged your property to fund their pensions and crazy lust for spending. 4 to 1 with no recourse.
A currency based on a market basket of real stuff-metals, grains, energy, coffee needs to be established. It would be redeemable unlike the fiat currencies. Few would take that option but it would keep everybody honest. BRICS could participate. Except maybe China. They are globalists of a different sort.
@TrumpDailyPosts
The idea that the BRICS Countries are trying to move away from the Dollar, while we stand by and watch, is OVER. We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy.
They can go find another sucker Nation. There is no chance that BRICS will replace the U.S. Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs, and goodbye to America!
Donald Trump Truth Social Post 08:27 PM EST 01/30/25
6:36 PM · Jan 30, 2025
·2.4M views
And??? That statement was 7 Months ago… things have changed. We, meaning the ‘West’ have to reconcile that we’re no longer the top dog! We .. meaning specifically ‘the U.S.’ .. have to come to terms with east/southern hemisphere economies, who don’t buy in to our biligerent hegemony! I think that Trump realizes this, and is willing to accommodate in a form where Everyone wins – except for BIG GLOBULL/WEF/ATLANTIC McKINDERITE NeoCON$..
We are 100% the top dog. Period
The other economies were deliberately enriched by the intentional exfiltration of western wealth.
End
Using the USD as a weapon totally defeats the purpose of encouraging everyone to use the USD.
Ideally you want everyone to want to use the USD.
If you sanction someone from using the USD, or worst conficate their USDs, then they are forced to use some other currency to trade.
Once you confiscate another countries’ USDs, they and everybody else in the world will never trust you again, and will now be afraid to use USDs!
Biden stupidly did just this to Russia!
If the US government did this to other countries, then ordinary Americans are surely next on the list!
Confiscating that money from Russia was indeed an incredibly dangerous precedent set by that hapless plagiarist biden. The BRICS nations made huge progress in aligning additional nations in opposition to the USD Saudi Arabia even ended the exclusive use of the USD as its trade currency, all the more dangerous when you understand how the petro dollar became the de facto USD backing when President Nixon took us off of gold.
Heartfelt thanks for shining your floodlight on this situation. Lets home the remaining truthtellers repeat this information for the benefit of all the misinformed.
Don’t see the MSM, Mockingbird Sings Media talking about Putin laying flowers at each individual grave of Russian pilots in Alaska and then stepping back and making the Sign of the Cross.
Wonder why the MSM isn’t covering this very Christian act….
http://static.kremlin.ru/media/events/photos/big/tzYAhwAWd5u3cf3lnXjBqzMCzCmVjz3H.jpg
Plus, that was the reason that the luncheon after the meeting was canceled. Putin felt that this was of more importance.
Thank you for posting this.
Most of the MSM is laser focused on repeating all the lies and platitudes learned during the nastiest periods of the Cold War indoctrinations! Once hatreds are pounded into one’s brain by parents, educators, or military training; it is extremely hard to “come out of that fog”!
Just like most of the children of Gaza are taught from an early age to hate Jews and the west.
Won’t find that on any mainstream media or late night talk shows. Bravo 👏
Thank you, Sundance.
Definition of corporate fascism.
This is why they laughed at him, smeared him, impeached him twice and tried to whack him twice.
In his first term alone, we watched in real time as at least 32 attempts were made on his life.
It amazes me how easily we, the public, memory hole all this.
Propaganda is a very strong – and effective – tool, indeed! Yet so many remain totally unaware and/or unconcerned/apathetic?
Try and explain this very well written and informative article to another and you will most likely only find a “deer in the headlights” look with a shrug of the shoulders. Sad.
NYT is reporting–through European sources–that Trump is allowing Zelensky to bring European leaders with him on Monday, if he so desires.
As many as will fit into his teeny tiny little clown car that is!
Excellent analysis. However there is an ancient hatred at play here. That predates BRICS and the Globalists. The Ukraine war is just the latest holodomor perpetrated against the people’s of Ukraine and Russia.
I think BRICS should NOT stand down. They have the perogative to look after their nation and they need a tool to utilize.
Our system of government gives pause to many others regarding agreements.
In the last 12 years it has been a rollercoaster ride for those surrounding the G20. They need leverage for negotiating just as much as the globalists.
This is why they have placed gold and commodities as the backing for their upcoming currency.
The national Socialists – even the ones that call themselves Communists – always end up on the front lines against the international Socialists – even the ones that call themselves anti-Communists. It’s almost as if they’ve been paying attention.
Meanwhile, Britain, Australia, Canada & Europe are passing laws to make “noticing” a crime. If you dare to see and say what those governments are doing, that makes you a hateful far-right extremist racist xenophobic anti-Islamic terrorist.
Big brother loves compliance.
The US$ as the primary medium of international exchange is crucial. It allows our deficit spending without runaway inflation and we can wield political power with sanctions. A small dent in the Dollar’s supremacy but there is no alternative on the horizon despite all the happy talk at the BRIC’s social get-togethers. An international reserve currency requires a huge volume, the Rule of Law and the host country does not practice currency manipulation and that’s the USA PERIOD They have several bilateral trade agreements among themselves that bypass the Dollar … that’s all.
Nice post!
The US alone has the capital markets large enough and the efficiency needed to service global demand for liquidity.
It pays bearing attention, however, what is unfolding in our bond/note/bill markets at present; and to the egregious gov’t spending/debt accumulation that has accelerated during the last two decades.
PDJT is beating them all. BRICS, WEF, DAVOS, CoC, Cartels. We need to take out private equity practices before they ruin Main Street as a venue for prosperity.
So, the power of the multinational corporations are a direct correlation to the downstream power of the CIA.
Relevant observations about BRICS and US gold here: https://milesfranklin.com/articles/secret-u-s-plan-to-sacrifice-dollar-bring-back-gold-andy-schectman/
More here Andrew Maguire and Andy Schectman:
Test. Link here:
One can look at historical precious metals history, in addition to daily trading here: https://comexlive.org/
Interesting some algorithm deleted the link I provided to the youtube video of Maguire and Schectman published 1-2 days ago (Maguire is in UK).
Thanks Obama for letting communists establish economic sovereignty within our hemisphere.
Thanks for the great analysis/explanation for the founding of the BRICS coalition, and the concept of “Globalist vs Nationalist” economics.
Eye opening AND Instructive.
I understand, but don’t understand China joining BRICs, as they were main benefactor from Obama and globalists destruction of U.S. manufacturing and economy. Why did China align themselves against the CofC and WEF? It’s been well documented the Brics don’t even get along well amongst themselves.
Why, then, is Trump whacking India and letting EUUK off so easy. More coherence is needed.