Category BRICS

Mar 17 2022

Americans Want Energy Independence


Armstrong Economics Blog/Energy Re-Posted Mar 17, 2022 by Martin Armstrong

Americans want President Biden to “green light the restart of the building of the Keystone XL pipeline that would transport oil from Canada’s oil sands region through the Midwest to refineries in Texas.” Maru Public Opinion for Postmedia noted in a poll that 71% of Americans support the idea. Around 39% state they favor the idea very much, while another 32% reported somewhat favoring the idea. Around 16% somewhat oppose the idea, and 13% remain very opposed. “It would appear that the public, given the current circumstance, has decided that this is a bipartisan solution to what is now an unprecedented circumstance,” John Wright, Maru Public Opinion’s executive vice-president, stated.

If Joe Biden didn’t kill the project the moment he took office, it would be ready for operation in Q1 of 2023. Experts say it would now take much longer to complete the pipeline amid supply shortages. Last week, Democrats blocked a motion put forward by Republicans called the American Energy Independence from Russia Act to once again prevent America from becoming energy independent.

“This week our president — our American president — asked Venezuela and Saudi Arabia to increase oil production, asked them to boost their output so that American consumers wouldn’t see a spike in gas prices,” Rep. Dan Crenshaw (R-TX) said. “Surely, [Biden] knows we can also boost domestic production right here at home. Surely he knows that domestic production supports American jobs, and surely he knows that domestic production is cleaner, by far, than foreign production.”

That’s right — Biden turned to hostile dictators for help instead of tapping into the numerous options he has available at home. His policies are disingenuous and do not represent the wishes of the people who allegedly elected him.

Mar 17 2022

NATO Calls up Hundreds of Thousands of Troops Ready to Begin WWIII


Armstrong Economics Blog/War Re-Posted Mar 17, 2022 by Martin Armstrong

The pressure to start World War III is on. NATO now expects that there will be a major war with Russia and the confrontation may come even in a few weeks. The NATO Secretary-General announced an increased war alert for hundreds of thousands of soldiers. Stoltenberg issued a joint statement with US Secretary of Defense Lloyd Austin, stating that hundreds of thousands of NATO troops were placed on high alert along with 100,000 US troops.

The problem with war is that BOTH sides lie and twist the facts to support their own agenda. They paint their adversary as evil to stir up the troops to go fight and risk their lives typically for fake stories and agendas.

The Press is deliberately trying to create World War III and is engaged in using photos of children hurt and others from events unrelated to Ukraine. This is all to beat the war drums to create World War III without any honest understanding of what that will mean.

Despite the hatred and demonization of Putin, he has been trying to take the high road. Zelensky has been following his orders and refusing to compromise on anything.

As a Young World Lead, he is showing the same authoritarian approach as Trudeau in Canada as well as Australia and New Zealand who are all on board with this Great Reset.

We may see this crisis turn into a confrontation as soon as the week of April 18th going into the first week of May based upon our computer models. I am glad I spent a fair portion of my life in Europe to see all the historical monuments before these people feel the need to destroy the world over two provinces in Ukraine. I fear this time, the monuments will not survive.

Pray for civilization for we have madmen leading the West into World War III all so they can Build Back Better as they did following World War II with Bretton Woods II, but this time we are facing a completely different war with biological weapons and nuclear war.

Unfortunately, the press will NEVER tell us the truth or explain just why people are expected to lose their lives for some noble cause that is always wrong in propaganda to support a political agenda. This time, the bombs will be wiping out American cities unlike World War I and II.

Mar 16 2022

Poking the Panda


Armstrong Economics Blog/China Re-Posted Mar 16, 2022 by Martin Armstrong

Japan has made the very same mistake just the following orders from Washington about seizing Russian assets. The Japanese government is freezing the assets of 17 more Russian politicians tycoons, and their relatives to step up sanctions and pressure Moscow to end its invasion of Ukraine. Russia froze, in turn, a list of US politicians which interestingly included Hillary Clinton because she was behind the whole 2000 attempt to blackmail Yeltsin which the American Press will never report no less investigate

Meanwhile, things are heating now around Taiwan as the US has for the first time in several years, sent an American aircraft carrier just outside China’s maritime waters demonstrating its’s read to launch World War III. China’s military leadership has put the country’s Armed Forces on alert for 12 days while they have now ordered the largest airborne and amphibious landing exercise in their military history.

China is moving rapidly to circumvent not just the SWIFT clearing system, but also to establish the Yuan as the next coming leading currency. The Euro has failed and China is negotiating even the purchase of oil from Saudi Arabia denominated in Yuan. The arrogance of the Neocons in really running the country has become well known outside the USA. They think they really can defeat both China and Russia and then Build Back Better with w new Bretton Woods. All I can say is they are seriously wrong and they will only create World War III, they will lose, and the financial capital of the world will shift to China. That has been the forecast of our computer for decades now and instead of listening, they try to defeat it.

The Chinese economy will peak in 2036 but the West in 2032. We are in the last three waves and 2023 does not look good around the world.

Mar 16 2022

Russia, India Exploring New Trade Payment Channels in Aftermath of Sanctions


Posted originally on the conservative tree house on March 15, 2022

The BRICS trade and economic partnership group is made up of Brazil, Russia, India, China and South Africa {GO DEEP}.  The alliance was originated in part to explore alternatives to the dollar as a global trade currency.  They discussed several options in their prior meetings long before Russia took action into Ukraine.

With western sanctions against Russia now in place, there are increasing reports that China and India have developed alternatives.  This is one such example:

(Via LiveMint) – Russia, many of whose banks have been cut off from the Swift financial network, is exploring opening alternative payment channels with India, including linking Unified Payments Interface (UPI) with the Faster Payments System (FPS) of the Bank of Russia, to continue cross-border trade.

According to Dmitry A. Solodov, a spokesperson for the Russian embassy in New Delhi, his government has also asked Indian lenders to connect to the financial messaging system of the Bank of Russia to facilitate interbank transactions. In addition, the two sides are discussing accepting RuPay and MIR Cards within national payment infrastructures, Solodov said in an emailed statement.

“All these options are on the table and are being discussed by the two governments, the Reserve Bank of India and the Bank of Russia,” said a senior Indian government official, requesting anonymity. (read more)

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