The BRICS alliance is a strategic geopolitical partnership between Brazil, Russia, India, China and South Africa.  The nature of the alliance is based on trade and big picture economics.

Readers familiar with our discussions of trade and international finance, will remember the importance we previously discussed with BRICS after the 2016 election and President Trump representing economic nationalism for the first time in several generations.  In this outline, we are going to share the bigger picture of why BRICS should now be back on the center stage of American focus.

Xi Jinping (China), Vladimir Putin (Russia), Jair Bolsonaro (Brazil), Narendra Modi (India) and Cyril Ramaphosa (South Africa), the BRICS group.

The BRICS economic partnership was formed during the Obama administration.  Brazil, Russia, India, China and South Africa (BRICS) saw President Obama sub-contracting, actually giving away, U.S. trade policy to the U.S. Chamber of Commerce.  In the aftermath of the 2007 economic crisis created by the financial system, the BRICS group connected two central points that concerned them.

In the aftermath of the great housing/financial crisis, the relationships around the World Bank (WB), International Monetary Fund (IMF), EU central banking system and various multinational institutions and, more importantly, 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 fifteen years downstream from that inflection point, and we are now seeing the outcomes.  The WEF is now giving direct instructions to installed politicians for government policy.  Put another way, multinational corporations are now telling government officials what to do.

Think of “The Great Reset” or “Build Back Better” or climate change, as examples.  Worse yet, those 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 first 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 to the common denominator what you find is the BRICS group are the opposing element to the WEF assembly.

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It was only a matter of time before someone had to admit what the instructions were within the Biden administration.  Today, the video surfaces showcasing Energy Secretary Jennifer Granholm making the admission.

During a U.S. Department of Energy roundtable, on February 28, 2022, launching the Biden administration’s Better Climate Challenge initiative, Energy Secretary Jennifer Granholm explained the core of the Biden energy policy.  Underneath all the blocks to oil and gas development, is the larger objective to transition away from fossil fuels to Green New Deal climate change initiatives.

$10/gal gasoline is a feature, it is part of the plan. Rising electricity rates and massive increases in home heating and cooling costs are part of the plan. The downstream impacts of inflation inside the entire U.S. economy are structural issues to be managed.  The financial pain to the U.S. citizen is the biggest problem they need to manage.

Within this ‘transition’ process, the administration needs something they can point to as a false justification. That’s where the Ukraine-Russia conflict serves their current interests.  The Biden team need Americans to blame something or someone else, as they execute this policy.  First it was COVID, now it’s Vladimir Putin. All of this is being done on purpose.  WATCH:

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Everything including oil, natural gas, wheat, and fertilizer is skyrocketing in price right now.  Ten- and twenty-year records are being eclipsed, as energy prices are soaring on the back of oil flirting with $114 a barrel.  Unfortunately, here comes more inflationary pain, and everything is being blamed on the Russia-Ukraine conflict.

Toward the end of last year, we warned that fertilizer costs were going to harvest costs in 2022 (field to fork, go deep), long before Ukraine came into the picture.  Unfortunately, future wheat prices reached $10.59 a bushel today, the highest since March 2008.  Additionally, corn prices have passed their highest rate since December 2012.

It may seem like those crops are not that important.  However, keep in mind that corn, wheat and soybeans represent the baseline for not only grain production in the U.S, but they are also the primary feed products for proteins: chicken, pork and beef.  We are going to feel this second wave surge at the grocery store.  Hopefully everyone has prepped.

Additionally, oil prices have jumped to near eight-year highs. Brent crude, the global oil benchmark, rose as high as $113.94 a barrel, the highest since June 2014, and has been trading around $111 for most of the day.  If you were paying $4/gal for gas, these oil rates add around another .50¢ today alone.  Yes, you read that correctly, inbound tankers of gasoline will offload at your convenience store at a rate ten percent higher than yesterday.

Making matters worse, the Joe Biden energy policy -focused almost exclusively on green energy- is making any investment in domestic oil production tenuous at best.   The major oil companies are wary of spending money for U.S. energy development in a climate where the U.S. government is specifically against that effort.

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Earlier today the installed current occupant of the White House delivered remarks and held a brief press conference to discuss the latest Russian entrance into Ukraine.  Simultaneously, the White House also released their latest sanctions on Russia [SEE HERE]

For well over a month Joe Biden, Kamala Harris, the White House and State Department have promoted the assembly of “harsh sanctions” as the deterrent that would keep Russia out of Ukraine.  However, when Biden was questioned by the media about the ineffectiveness of sanctions he declared, “no one expected the sanctions to prevent anything from happening.”  WATCH (prompted):

[Transcript Available Here]

Russia knows from watching Biden execute his domestic energy and regulatory policy, that Joe Biden has no intention to do anything that would support U.S. energy development.  As a consequence, Putin knows the U.S. will remain dependent on OPEC where Russia is a member.

Additionally, Europe writ large, and Germany specifically, are dependent on Russia’s oil and natural gas.  Underneath all of the saber rattling from the U.S. and NATO allies this truth remains Putin’s biggest weapon.  In essence, Putin is leveraging the western ‘global climate change’ and energy initiatives as a weapon to do whatever he wants to do, while knowing his adversaries have no options.

As the proverbial ‘west’ chases the Build Back Better climate change agenda, it becomes a structural weakness that Vladimir Putin knows he can exploit.

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Within the book of instructions for the ideological Chicago crew (Alinsky peeps), there are chapters on how to create off-ramps to cloud their agenda. If they need a bigger cloud, they create a bigger crisis. The crisis then becomes the cover, the justification to explain the outcomes of their agenda.

In the latest example, the White House is shifting blame for the collapsing economy, surging oil prices, massive gas price increases and overall U.S. inflation.

The manufactured crisis in Ukraine then takes on a geopolitical angle and a domestic angle.  The prior rate of inflation is now being blamed on Russia-Ukraine.

It is not coincidental that ABC (think George Stephanopolous) takes the lead in helping to push this narrative as a cover story for the problems in the economy that are specifically driven by U.S. energy policy (chasing Green New Deal objectives), environmental policy, regulatory policy and massive spending.  The politics are to blame for the inflation, so it is the deployment of politics used to create the cover.  WATCH:

The manufactured Russia-Ukraine crisis now becomes the cover story for why the U.S. economy is collapsing.  The pain being felt by middle class, blue-collar workers is now shifted to be an outcome of geopolitical events that are Vladimir Putin’s fault. It’s always someone else’s fault.

Do not underestimate how many people in the U.S. will buy into this nonsense, and keep in mind the Republican wing of the UniParty has a vested interest in allowing the narrative to embed in the psyche of voters.  Both wings of the DC vulture will help promote this fraud, just as both wings of the DC uniparty sold out our Main Street economy on behalf of their multinational benefactors.

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We have been tracking the issue of U.S. port congestion, supply chain crises and the White House supply chain initiatives since they first surfaced last fall.  We finally have full data to review, and what we see is very disturbing.  Not only was the White House supply chain effort a fraud, but they also manipulated the port system to give a false impression of the U.S. economy.

Let’s start with the latest issue.

For several weeks, we have been trying to figure out why the Port of Los Angeles (POLA), our nation’s busiest and most valuable port, had delayed their reporting for December.

Normally they update their container statistics and port efficiency/productivity results between the 10th and 15th of the month.  However, this month the data was delayed by several weeks.

When we finally grew frustrated and asked the POLA about this ridiculous delay, they responded January 25th, saying: “Good morning. Data from one vessel has delayed final numbers. We plan on releasing numbers today or tomorrow.”

The POLA justification and timing seemed odd, and their explanation seemed fishy.  One container ship manages to delay the entire POLA result?  However, this morning after checking and seeing still no result we realized what was going on.

The Bureau of Economic Analysis released the U.S. 4th Quarter GDP result (link).  The value of imported goods is a deduction to the U.S. GDP.  If the biggest port in the U.S. holds back their import cargo data, the resulting information cannot be deducted from the GDP.  Missing data gives an artificial outlook for the GDP.  Put another way, the 4th quarter GDP is inflated by the missing deduction.

From the position of the Biden administration, there is a perverse economic motive to keep all those import cargo ships from arriving.

Would the Port of Los Angeles intentionally hold back data in order to help the White House give a false and more optimistic impression of the U.S. economy?  At first blush it might seem a stretch, but then – as if on cue – a few hours after the BEA made the public release, suddenly the Port of Los Angeles released their December data.  In politics timing is never coincidental.

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What they envision (left) and where they are (right).

Right on track…

Prescient.

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It is difficult to imagine how the Biden administration can possibly spin the economic reality of increasing, unavoidable inflation making the economy weaker over the next year.  However, somehow, they will try.

The AP is reporting that 68% of Americans now say the economy overall is their number one concern.  Meanwhile, the federal reserve of New York is reporting the inflation results from December are likely to be the same, if not higher, than the inflation results in November.

The Biden administration has continued to push additional federal spending under the auspices of Build Back Better as the bridge to offset the impact from their Green New Deal energy policies.  In fact, if you look at how the massive spending effort has been shaped, it becomes clear the overall goal is to push a new energy policy and then hide the impact by using COVID as the cover for the subsidies to try and offset the impacts.

It is a sneaky program when reviewed in totality.  Shut down oil and natural gas production, cancel leases, block pipelines and use the regulatory arm to shut down any additional growth in the oil and gas industry, including refinery capacity.  Then, try to hide the consequences by subsidizing the core constituencies who would normally be immediately impacted.

Unfortunately for the Biden architects, no amount of legislative spending is going to be able to offset the massive economic impact of implementing the Green New Deal by executive order, regulatory changes and administrative policy.  The American people are not blind to consequences, and when they start to look deeper into the causes of this inflation, what they discover is easy to see.

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I do not know how better to emphasize the points other than to be direct and brutally honest.  Sometimes you just have to call the baby ugly.  The window to prepare for the incoming crisis of our lifetime is now down to two weeks.  Hopefully, that is specific enough.

As we have discussed on these pages, the interventionist policies and regulations from the people creating the COVID response (writ large) have been fubar from the beginning. {Go Deep} When they shut down the restaurants and hospitality sector (2020 lockdowns), the advisors and bureaucrats triggered a cascading series of events inside the food supply chain {Go Deep}.

Every policy implementation since then has made matters worse {Go Deep}

Adding to the supply chain and inflation crisis, in about a week the vaccine mandate and subsequent commercial passport means 30,000 cross border truckers are about to get shut down from operating between the United States and Canada.

“70% of the 700 billion in trade between Canada and the US is moved by truck. This will have a dramatic effect on supplies and services reaching their destination and getting in the hands of those who need them. One needs to look no further than the recent UK fuel shortage, where the military had to be brought in to deliver fuel as a result of a lack of truck drivers. We are already seeing shortages, if these shortages reach critical levels on items such as fuel, food, blood, medicine or medical supplies, we will see real long-lasting damage.”

~ Mike Milliam, President of the Private Motor Truck Council of Canada

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The apoplectic response to Joe Manchin’s rebuke of Biden’s Build Back Better deal in general, and specifically, their reaction to losing the climate change agenda within it, points toward the original intent of COVID-19 in the first place.

In this tweet, communist stenographer and narrative engineer Sam Stein (Politico/MSNBC) says the quiet part out loud:

Point One – The “Build Back Better” agenda was never about anything except radical climate change legislation.  Once you accept that, now admitted, baseline, things start to become much clearer.

Point Two – The “Build Back Better” phrase came from the World Economic Forum and was promoted by a multitude of international leaders and left-wing organizations.   That reality then brings up the most important point.  To get to “building back better”, you first need to destroy something.  That thing they needed to destroy was how the global economic dependency on carbon-based fuel supplies (oil, gas, coal, etc.).

Point Three – In order to destroy the ‘something of that scale’, the energy program for the entire world, something massive is needed to fundamentally change the entire world approach toward energy production.  Something is needed to create the crisis that provides the origin for the process to initiate.

Point Four – That triggering mechanism was/is SARS-CoV-2, or what we now call COVID-19 and all variants therein.

There you have it.  That’s the summary soup to nuts explanation of why a virus was created, and the subsequent panic pushing to create social structures that would facilitate the global acceptance of an entire new economic system that would be designed around saving the planet.

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