Category BRICS

Mar 13 2023

The West Threatens China for Conspiring with Moscow


Armstrong Economics Blog/War Re-Posted Mar 13, 2023 by Martin Armstrong

China has maintained neutrality throughout the 13-month conflict between Russia and Ukraine/the West. Yet, Western powers continue to threaten China and allege they are conspiring to send aid to Russia. The heightened attacks on China make one question if Western powers are deliberately instigating a fight. CIA Director William Burns said he is “confident” China is CONSPIRING to send military aid to Russia, although there is no evidence of “actual shipments of lethal equipment.”

White House National Security Advisor and Neocon Jake Sullivan has had harsh words for China in recent appearances. Sullivan boldly stated that aiding Russia would be “a bad mistake” for China, and that the US plans to send China “a strong message.” Again, China has done nothing wrong. There is no evidence of China supplying aid to Russia, and even if they did, that is not a crime, as Ukraine is not a NATO member.

(Imagine above: William Burns, right, at the Kremlin in 2005 with Russian President Vladimir Putin, center, whom he describes as 'an apostle of payback' © Reuters)

Chinese Foreign Ministry spokesperson Mao Ning told the US that China would not heed to coercion. “On the Ukraine issue, China has been actively promoting peace talks and promoting the political settlement of the crisis. The US is in no position to point fingers at China-Russia relations. We do not accept coercion or pressure from the US,” Mao said. China will not support the West’s proxy war with Russia, but it seems that they are insisting China proves its innocence by ostracizing Russia.

Chinese Foreign Minister Qin Gang expressed outrage over sanctions placed on China for merely conspiring (i.e., no crime was committed) with Moscow. “[China] has not provided weapons to either side of the conflict. Why on earth are there blame and sanctions on China? This is absolutely unacceptable,” Qin said. “There seems to be an invisible hand pushing for the protraction and escalation of the conflict. Ukraine crisis is a tragedy that could have been avoided.”

This conflict could have been completely avoided had the Minsk Agreements been based on good faith. The war is a deliberate plot to usher in a new world order to eliminate energy-rich Russia from the global economy. The Kiel Institute for the World Economy in Germany estimated that $152.7 billion was provided to Ukraine as of January 15. The US has sent more aid than any other country but accuses its top trading partner of flaming the fires of international war. This is why there are no true diplomatic discussions with the current failing crop of politicians. The current agenda is to demonize Beijing as they did with Moscow to force it out of neutrality.

Feb 22 2023

Chairman Xi Plans Moscow Visit, Putin Suspends START Treaty, Maersk Exits Russia, Biden Talks Moldova, Planets Aligning for War


Posted originally on the CTH on February 21, 2023 | Sundance 

First things first, history may not always repeat, but it always rhymes.  Secondly, history tells us that only two things have ever pulled what we now call “western nations” out of a collective economic depression; (1) war, and (2) housing starts.

If you accept the WEF climate control agenda of a ‘managed transition‘, where economies are reduced in size to match lowered energy production, as generally speaking akin to a western economic depression.… then, you begin to ask the logical question.  How do the managers avoid the consequences?

If global (non BRICS) economic contraction is akin to a western economic depression, I would argue the consequences are identical.  Then, when major economies are in a state of shrinking and the citizens are feeling the horrible effects, something large is needed to change the economic equation.

With central banks raising interest rates to achieve the policy supporting contraction, the option for ‘housing starts’ to change the dynamic is removed.  That leaves, ‘war’.

President Putin and Chairman Xi are not stupid men.  They are big picture strategists.

♦DATA POINT – Russian President Vladimir Putin’s move to suspend his country’s involvement in the last remaining arms control treaty with the U.S. came as a disturbing surprise to multiple former officials who negotiated the pact and nonproliferation experts committed to ending the expansion of nuclear forces. (read more)

Can you blame him?  The Western Alliance has already blamed Putin for the global food crisis they created by the World Economic Forum energy policy shift.  The Western Alliance accepts no responsibility for advancing hostility -through NATO expansion- on to Russia’s doorstep.  The Western Alliance has attempted to sanction Russia out of the global economy.  With the same Western Alliance now positioning for war, why would Putin adhere to their limitations?

♦DATA POINT – Chinese leader Xi Jinping is preparing to visit Moscow for a summit with Russian President Vladimir Putin in the coming months, the Wall Street Journal reported on Tuesday, citing people familiar with the plan. (read more)

Can you blame them?  Pay no attention to the Reuters narrative woven inside the article about China wanting to negotiate peace.  To accept that narrative is to believe there is no dragon behind the panda mask.  We are too far into the geopolitical awakening to say the dragon doesn’t exist and simultaneously hold its own interests (belt & road, and/or Taiwan) within the context. Ignoring the dragon behind the mask is really quite silly.  BRICS exists as an economic alliance of like-minded nations for exactly this geopolitical dynamic.

♦DATA POINT – Shipping and logistics group A.P. Moller-Maersk (MAERSKb.CO) has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking the end of its business activities in the country. […] After that, Maersk will not have any business in Russia. (read more)

The major multinationals always position themselves to avoid the consequences of war.  Additionally, Moller-Maersk is already going to feel a major financial impact from the shrinking of the Western economies they generally service with their cargo transportation.  Smaller economies = less cargo = less ships = less revenue.  Moller-Maersk has to pick a side; they are aligned with the Western Alliance.  Hence their exit from Russia.  China/India will eventually fill the void. Again, BRICS.

These are data points just in the last 12 hours.  In addition to these data points from today, the saber rattling from the DC foreign policy and war machine financial system is on display in the Biden policy as transmitted from Warsaw. Again, just today.

Like us, I’m pretty sure from watching his statements and eventual policies over the past several years, President Donald Trump views foreign policy through the prism of economics.   If “economic security is national security,” then what is it when economic insecurity is an intentional design policy?

All of the economic data points have aligned toward direct military conflict between the Western Alliance and Russia that expands beyond the proxy war in Ukraine.

If the path is continued, this process eventually ends up with World War III.  Which, not coincidentally, boils down to the Western Economic Alliance -vs- BRICS, with a few remaining neutral and the middle east as the unknown variable.

Sound familiar?

Look below, you might find a familiar visual reference:

Yep, history rhymes.

Any questions? 

Jan 10 2023

Brazil Election Fraud


Armstrong Economics Blog/South America Re-Posted Jan 10, 2023 by Martin Armstrong

The riots in Brazil over the rigging of the election are on point. You cannot allow a razor-thin pretend majority to completely go against the opposite and inflict a leftist agenda. This is the abuse of our election process of a worldwide basis. Governments no long represent ALL the people, but one group violently against another. This same process is undermining both the United States, Canada as well as Europe. This leftist agenda is destroying our civilization and this is right on schedule – 34 years from the collapse of communism. It is now our turn for this abuse of government to divide the people and the nation and ONLY will lead to civil war.

Bolsonaro 2019 WEC & Why He Had to be Removed as President

Bolsonaro was targeted by the WEF and their consortium. The Brazilian elections were rigged. They had to remove Bolsonaro at all costs and now we will witness the price for those corrupt elections. The violence is likely to escalate into March.

Nov 7 2022

Bolsonaro Hands Over Power to Lula             


Armstrong Economics Blog/South America Re-Posted Nov 7, 2022 by Martin Armstrong

Jair Bolsonaro did not immediately concede to Luiz Inacio Lula da Silva after the close election of 49.1%-50.9%. This is the closest presidential race in Brazil since 1985 and marks Bolsonaro’s first defeat in his political career. Bolsonaro supporters held mass protests across the nation to protest Lula’s victory and blocked hundreds of major roadways. Bolsonaro first sided with the protestors, saying they felt “indignation and a sense of injustice.”

As our computer warned, there would be intense politically motivated civil unrest worldwide this November.

The intense backlash from across the globe caused Bolsonaro to change course. “I know you are upset… Me too. But we have to keep our heads straight,” Bolsonaro said in a video posted online. “I will make an appeal to you: clear the highways.” Bolsonaro confirmed with Brazil’s Supreme Court that he will hand over power to Lula. “I have always played within the four lines of the constitution,” he said, without declaring defeat.

Luiz Inácio Lula da Silva is a member of the World Economic Forum. World leaders also affiliated with the “elite” group have congratulated him on his win. His policies will align with other WEF leaders and is a glimpse into what to expect from Brazil going forward. Bolsonaro’s words to the people will not eliminate the anger they feel nor will it prevent the people from continuing to protest.

Oct 31 2022

Washington Downplays Poor Relations with Saudi Arabia


Armstrong Economics Blog/World Trade Re-Posted Oct 31, 2022 by Martin Armstrong

The Davos in the Desert meeting has humiliated Washington. The president himself was unable to secure a deal with Saudi Arabia, and now America’s elite are congregating in Riyadh to discuss trade. The New York Times released an article claiming that Saudi Crown Prince Mohammed bin Salman “duped” Joe Biden into thinking that he would increase oil production. Now, the White House is claiming that Joe’s failed visit to Saudi Arabia had nothing to do with oil.

Perhaps Uncle Joe was working on his tan? White House Press Secretary Jean-Pierre said that the situation has been “mischaracterized” and said the NYT article was fake news. “Look, we’ve also been clear that, our trip, that the President’s trip to the Middle East was not about oil,” she stated. “What the President is focused on currently and today and has been for the past several months since the war started — remember, because of Russia’s war, we have seen a spike in gas prices, so as you hear us say, Russia’s tax hike, and so, we have done everything that we can and continue to do the work — the President has — to lower the prices for the American people. That’s why you have seen gas prices go down.”

Blame is on “Russia’s tax hike” and not Washington’s inability to negotiate or maintain diplomatic relations with strategic trading partners. The NYT article claims that the kingdom promised it would “accelerate an OPEC Plus production increase of 400,000 barrels per day already planned for September” followed by an additional 200,000 bpd increase from September to December. OPEC+ decreased production by 2,000,000 bpd instead.

Due to this failed arrangement, oil prices rose right before the 2022 US midterm elections. Biden released Strategic Petroleum Reserves in response to temporarily bring prices down, as he does not want America to see the repercussions of this failed deal.

Oct 18 2022

South Africa Confirms Likelihood of Saudi Arabia Joining BRICS Economic Alliance


Posted originally on the conservative tree house on October 17, 2022 | Sundance

South African President Cyril Ramaphosa held a two-day summit with Saudi Arabia on mostly economic matters.

At the conclusion of the summit, he confirmed the intent of Saudi Arabia to join the BRICS economic coalition, which should not come as a surprise given the previous statements by Saudi leader and Crown Prince Mohamed Bin Salman (MbS).

(MSM) Ramaphosa confirms Saudi Arabia wants to join Brics family.  This was revealed by President Cyril Ramaphosa during his two-day state visit to the kingdom on Sunday.

“The Crown Prince (prime minister Mohammad bin Salman bin Abdulaziz al Saud) did express Saudi Arabia’s desire to be part of Brics and they are not the only country,” said Ramaphosa. He confirmed this on Sunday during an engagement with the media.

Brics held its first summit in 2009, with SA joining the following year. The bloc has generally been seen as an alternative to the dominance of the western economies.

“We did say that Brics having a summit next year under the chairship of South Africa in SA and the matter is going to be under consideration.

“A number of countries are making approaches to Brics members, and we have given them the same answer that it will be discussed by the Brics partners and thereafter a decision will be made.” (read more)

Since the outset of the Western Alliance sanctions against Russia, we have been predicting an increased geopolitical influence from the BRICS team.  A global financial and economic cleaving is underway created by the western nations chasing ideological climate change energy policy, while the rest of the world remains pragmatic toward oil, coal and natural gas as energy resources.

We have been closely monitoring the signs of a global cleaving around the energy sector taking place.  Essentially, western governments’ following the “Build Back Better” climate change agenda which stops using coal, oil and gas to power their economic engine, while the rest of the growing economic world continues using the more efficient and traditional forms of energy to power their economies.

(July 2022) […] “This accession, if Saudi joins it, will balance the world economic system, especially since the Kingdom of Saudi Arabia is the largest exporter of oil in the world, and it’s in the G20,” Hamed said. “If it happens, this will support any economic movement and development in the world trade and economy, and record remarkable progress in social and economic aspects as Saudi Arabia should have partnerships with every country in the world.” (read more)

That would essentially be the end of the petrodollar, and -in even more consequential terms- the end of the United States ability to use the weight of the international trade currency to manipulate foreign government.  The global economic system would have an alternative.  The fracturing of the world, created as an outcome of energy development, would be guaranteed.

Keep in mind, in early June Federal reserve Chairman Jerome Powell stated, “rapid changes are taking place in the global monetary system that may affect the international role of the dollar.”  {LINK}

The western alliance (yellow) would be chasing climate change energy policy to power their economies.  The rest of the world (grey) would be using traditional and more efficient energy development.  The global cleaving around energy use would be complete.

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 global cleaving would happen.

For a deep dive on BRICS, as predicted by CTH, {SEE HERE}.  The bottom line is – the 2022 punitive economic and financial sanctions by the western nations’ alliance against Russia was exactly the reason why BRICS assembled in the first place.

Multinational corporations in control of government are what the BRICS assembly foresaw when they first assembled during the Obama administration.  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. BRICS leaders want their government running their government; and yes, that means whatever form of government that exists in their nation, even if it is communist.

BRICS leaders are aligned as anti-corporatist.  That doesn’t necessarily make those government leaders better stewards, it simply means they want to make the decisions, and they do not want corporations to become more powerful than they are.  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 World Economic Forum assembly.

The BRICS team intend to create an alternative option for all the other nations. An alternative to the current western trade and financial platforms operated on the use of the dollar as a currency.  Perhaps many nations will use both financial mechanisms depending on their need.

The objective of the BRICS group is simply to present an alternative trade mechanism that permits them to conduct business regardless of the opinion of the multinational corporations in the ‘western alliance.’

The BRICS team, especially if Saudi Arabia, Iran and Argentina are added creating BRICS+, would indeed be a counterbalance to the control of western trade and finance.  This global cleaving is moving from a possibility to a likelihood.  If Saudi Arabia joins BRICS the fracture becomes almost certain.

Jun 28 2022

Global Energy Cleaving Continues, Iran and Argentina Apply to Join BRICS Economic Partnership


Posted originally on the conservative tree house on June 27, 2022 | Sundance