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BRICS Ministers of Finance Hold a Meeting – It Is Time to Replace Western Financial Trade Mechanisms and Remove The Dollar

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 would happen.

[Left to Right] Xi Jinping (China), Vladimir Putin (Russia), Jair Bolsonaro (Brazil), Narendra Modi (India) and Cyril Ramaphosa (South Africa), the BRICS group.
The finance ministers of the BRICS alliance (Brazil, Russia, India, China and South Africa) have decided to create their own financial mechanisms to continue trade between nations of similar disposition.  Once the internal issues inside the BRICS alliance are resolved, and once the mechanisms are created, then other nations will be able to decide to join or not.  The great global cleaving will commence.

(Reuters) – Russia, hit by Western sanctions, has called on the BRICS group of emerging economies to extend the use of national currencies and integrate payment systems, the finance ministry said on Saturday.

[…] On Friday, Finance Minister Anton Siluanov told a ministerial meeting with BRICS, which consists of Brazil, Russia, India, China and South Africa, that the global economic situation had worsened substantially due to the sanctions, the ministry’s statement said.

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Has The Great Global Food War Just Begun?

Hindsight is not only 20/20, in this case it’s a little alarming. 

Last year, we were discussing the massive increases in food and farming costs associated with increased fertilizer prices.  By the time we got to late January, the World Bank (WB), United Nations (UN) and the Davos / World Economic Forum (WEF) group were discussing it.  At first the perspective was the potential for lower crop yields creating increased global famine.

However, if we apply a little hindsight from the geopolitical world surrounding the current issues in Europe, specifically Ukraine, and then consider the background of what the Biden team were doing, while Russia, Belarus and China were stockpiling, things look a little more concerning than just lower crop yields as an outcome of higher natural gas prices – vis-a-vis nitrogen fertilizer.

As noted by Forbes last month, “Russia and China have imposed export restrictions on fertilizer. Both are, or were, big exporters of plant food. The decline in exports makes getting the vital nutrients harder across the globe. China and Russia account for 29% of world exports for nitrogen-based plant food. The two countries also have significant, albeit, smaller shares of the phosphate and potash markets, respectively, the report states.”

Now, keep in mind how Belarus helped Russia with the current military operation.

In August of 2021 the United States, Canada and the EU hit Belarus with punitive sanctions on the one-year anniversary of what they called a fraudulent election.  As noted by Politico at the time, “The sanctions partially ban imports of potash fertilizer, petrol and petrol-based products from Belarus.”  […] Targeting Belarus’ potash sector was a strategic move insofar as the country is the second largest exporter of the fertilizer behind Canada, covering 21 percent of the world’s potash exports in 2019.

In September of 2021, at the same time as China was investing heavily in the purchase of U.S. farmland, Beijing simultaneously announced a ban of export for phosphates until June of 2022.  With China banning export of the source material, the global fertilizer market now needed to look elsewhere for future purchases.

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Background Details on Trump-Bolsonaro Dinner….

The White House provides some background material on the purposes of the working dinner tonight between President Trump and President Bolsonaro of Brazil.
[White House Transcript] – […] SENIOR ADMINISTRATION OFFICIAL: Thank you so much. So let me put this working dinner, which is what it’s going to be tonight, in context. Obviously, President Trump will welcome President Jair Bolsonaro to Mar-a-Lago for a working dinner, along with a group of advisors in this dinner.

To put it in kind of a greater context, you know, last year, we welcomed — President Trump welcomed President Bolsonaro to the White House for a working lunch at that time. And there’s a historic list of deliverables that was announced at that time, many of which have now been followed up upon in this new historic relationship that the United States has with Brazil and the historic relationship, frankly, that President Trump and President Bolsonaro have.

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Guess Who's Coming to Dinner…

7:30pm – THE PRESIDENT participates in a working dinner with the President of the Federative Republic of Brazil

White House – President Donald J. Trump will meet President Jair Bolsonaro of Brazil at Mar-a-Lago on Saturday, March 7, 2020. President Trump and President Bolsonaro will discuss opportunities to build a more prosperous, secure, and democratic world.

As leaders of the Hemisphere’s two largest economies, they will also discuss opportunities for restoring democracy in Venezuela, bringing peace to the Middle East, implementing pro-growth trade policies, and investing in infrastructure. The President will use this meeting as an opportunity to thank Brazil for its strong alliance with the United States. (link)

Wilburine – December 15th a "Good Time" to Apply More U.S. Tariffs on China…

Commerce Secretary Wilbur Ross appears on Fox Business to discuss the status of the U.S-China trade “negotiations” :::nudge-nudge, wink-wink::: and highlights the ‘phase-1’ fulcrum is China committing to the $50b Ag purchase without condition.  Secretary Ross also notes the December 15th date just happens to be “good timing” if the U.S. team is “forced” to put more tariffs on China.  LOL.
Additionally, Mr. Ross notes the challenge of a strong dollar as it relates to allied nations who are stimulating their own economy by sending us even cheaper stuff, ie. Brazil.


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Secretary Wilbur Ross Discusses Potential Trade-Deal with India…

In the bigger picture… Within the trade team, Commerce Secretary Wilbur Ross is positioned with primary responsibility toward the EU and India. Ross clear-cuts through the politics, explains Trump’s objectives amid the trade proposals, and paves a path for U.S. Trade Rep Bob Lighthizer to engage his counterparts.
India has always been a key strategic nation within the global trade-realignment taking place by the Trump administration.  Under all of the banter, the “Indo-Pacific” strategy is structurally the decoupling of the U.S. from China. As a part of the strategy President Trump has positioned the ASEAN (Association of Southeast Asian Nations) as benefactors in manufacturing & trade as an outcome of the U.S. decoupling from China.

However, India has genuine concerns about the global dynamic. Specifically, India is worried about allowing the multinationals to have influence over their economy and social structure. In this regard India is not wrong; their concerns are not unfounded.
We can all see, heck we’ve lived through, massive multinational corporations quickly gaining too much influence; including -eventually- corporate influence over the politics of a nation. That inherently leads to corruption.
When Americans see it in other nations we call it “bribery and corruption”, but when it happens in Washington, DC, we call it “lobbying”; the process is exactly the same.
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President Trump Leads Multilateral UNGA Meeting on Venezuela – Video and Transcript…

Earlier today President Trump hosted a meeting of seven nations: Argentina, Brazil, Colombia, Chile, Ecuador, Peru and the United States to support a unified message toward the crisis in Venezuela.  [Video and Transcript Below]


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[Transcript] – PRESIDENT TRUMP: Thank you very much. Are you ready? Ready? Thank you very much. Thank you.
I’m honored to be here today among so many terrific leaders dedicated to the future of democracy, prosperity, and freedom for the people of Venezuela. We are behind you.
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Chaos in UK Parliament as Globalists From Both Parties Attempt to Block PM Johnson's Brexit…

All of the elitist political masks are dropping today in Great Britain.  The UniParty within British Parliament is on full display.
Globalist members of Prime Minister Boris Johnson’s conservative party crossed lines to vote with the globalists in the Labour party in a scheme to stop the U.K. from leaving the European Union.

The minority Labour Party, led by Jeremy Corbyn, developed a plan to stop any ‘No Deal’ exit from the EU by passing a law that required the U.K. (PM Johnson) to have a deal with the European Union in order to fulfill the Brexit referendum.
In order to accomplish this plan the globalists (ie, the ‘Remain’ group) needed support from the Remainers in both parties.  Today 21 members of Boris Johnson’s party joined with Jeremy Corbyn to seize control of the House of Commons in a 328 to 301 vote.
The Remainers next step would be to pass legislation requiring a deal with the EU, which would essentially block Prime Minister Johnson from delivering a No-Deal Brexit.
Johnson fired back by saying he would demand a SNAP election on October 14th, where voters in the nationalist Brexit party could remove the usurping rebels from his own party.  However, to get the snap election would require two-thirds vote to support.
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G20 Bilat – President Trump and Jair Bolsonaro…

The last bilateral meeting of the first day at the G20 in Osaka, Japan, was held between President Trump and Brazil’s President Jair Bolsonaro.  [Video and Transcript]
The US accounts for 34 percent of the world’s soybean production with 108 million metric tons. Brazil accounts for 30 percent of the global production of the crop with 87 million metric tons. Combined, Trump and Bolsonaro control 64 percent of global soybean production. [China consumes 60 percent of global soybeans available for export.]
Note: Brazil is a strategic geopolitical U.S. partner against Chairman Xi’s influence, due to the BRICS group (Brazil, Russia, India, China and South Africa). It is obvious this has been discussed between Bolsonaro and POTUS Trump.  Within the media pool some enterprising narrative engineer asked President Trump about the Day-Two meeting between Xi and Trump, as noted below (emphasis mine):


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[Transcript] PRESIDENT TRUMP: Thank you very much everybody. We’re with a gentleman who had one of the greatest election wins anywhere in the world, as far as I’m concerned, and he was very proud of his relationship with President Trump — President of Brazil. And he’s a special man — doing very well, very much loved by the people of Brazil. And I think we can say that Brazil and the United States are as close or closer as they’ve ever been. So I just want to welcome you and say thank you very much, my friend.
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President Trump and President Bolsonaro Joint Press Conference – 1:45pm EST Livestream…

President Donald Trump and Brazil’s President Jair Bolsonaro will be holding a joint press conference at approximately 1:45pm EST.
UPDATE: Video and Transcript Added:


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[Transcript] – Rose Garden – 1:54 P.M. EDT – PRESIDENT TRUMP: Thank you very much everyone. Thank you. Today, I’m very thrilled to welcome President Bolsonaro of Brazil for his first visit to the White House. President Bolsonaro, I want to congratulate you again on your tremendous election victory last October. It was an incredible feat and, really, a truly incredible challenge. And the end result was something the whole world was talking about.
I also know that we’re going to have a fantastic working relationship. We have many views that are similar. And we certainly feel very, very true to each other on trade. I think Brazil’s relationship with the United States, because of our friendship, is probably better than it’s ever been by far.
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