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.
(more…)
