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The BRICS Take Over

Wednesday, April 20, 2011 1:01
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(Before It's News)

Tuesday, April 19, 2011 – by  Staff Report                  

 wikipedia BRIC



 

New alliance poised to emerge from the rubble of America’s collapsed empire … The alliance of Brazil, Russia, India, China, and South Africa, also known as BRICS, has been watching the death throes of the American empire and is reacting by creating the groundwork for a post-American global construct. Following the recent BRICS summit on Hainan island in China, Brazilian Finance Minister Guido Mantega told the International Monetary Fund in Washington that the United States and other western countries were attempting to “export their way out of difficult economic situations” by printing money and driving down interest rates – which is the core principle of quantitative easing. It was clear that Mantega was speaking for the other BRICS nations in warning Washington that business as usual is approaching an end. – Strategic Culture Foundation Online Journal / Wayne Madsen

Dominant Social Theme: In the coming brave, new world, the US shall be diminished and a new order shall dawn.

Free-Market Analysis: The BRICS received a lot of attention for their recent summit on Hainan island and now famous alternative media reporter Wayne Madsen has penned an article that suggests the BRICS are going to take over as a new world power and give the United States a good deal of competition. Madsen refers to the group as the BRICS to include South Africa, so we will too, though traditionally the acronym has been BRIC, for Brazil, Russia, India and China.

While Madsen is a courageous writer and a topnotch independent, “alternative media” analyst with a US intelligence background, we don’t necessarily agree with his entire analysis and in this article we will try to explain why. The idea that the world is built of competing nation states and regions is increasingly a suspect one so far as we are concerned. In fact it is a kind of dominant social theme: that the West and especially the US are in decline and the larger countries of the developing world are in the ascension.

No … with the possible exception of China and a few Muslim countries, the Anglo-American power elite still runs the world in the 21st century as it did in the 20th in our view. It is a fact that the big banking families funded the Red Russians against the White to create the USSR. And there are various reports that we have read in the past that Western financial elites were favorably disposed to the Red Chinese.

Western elites, in their centuries’ long campaign to tame, control and diminish Western middle classes have always needed to establish enemies. Without enemies there is no need for large governments and even larger armies. And without big governments, there are no legislative levers for elites to pull – giving them advantages that others cannot enjoy.

In our view, the latest countervailing force is also a manipulated one. In fact, this BRICS group of large countries was actually pulled together via an acronym created by a Goldman Sachs’ banker. Madsen, nonetheless, finds the story convincing. He writes that while the American empire is faltering, the BRICS are becoming more solvent and formidable. America, Madsen suggests in his article, is trying to preserve its foundering empire through military means. It is engaged in “military adventurism” around the world, from Central America, to the Middle East and of course in Afghanistan.

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