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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