We have an Italian historian Pietro Ratto, that studied and prepared like a Pro and he wrote several books to explain the distribution of power across the world, why some decisions happen and why some major events happened in specific places and dates.
Source: https://guides.loc.gov/brics
BRICS is an acronym standing for Brazil, Russia, India, China and South Africa that was formed back in 2010 but the word find its origin back in 2001 when Goldman Sachs first called that group BRICS, as a group of emerging nations that he expected to be dominating the world by 2050.
Argentina and Iran where the first two countries requesting being added to the BRICS team and the summit that is now happening from yesterday until tomorrow, in Johannesburg, is grouping all the BRICS founders plus other 23 countries that are interested in joining it.
Some discrepancies are appearing inside but it’s quite normal.
Parochialisms are going to appear and happen and the Federal Reserve as well is told to be born with some shady events. I found this book, I have not read it but from the reviews I really feels it is similar to the Italian historian ones.
https://www.amazon.it/Secrets-Federal-Reserve-London-Connection/dp/0979917654
What is BRICS aimed for?
Creating an alternative economy from the hegemony of the Dollar that is continuously loosing its power and reliability.
Source: https://fred.stlouisfed.org/series/CURRCIR
In this moment, positions on how and if to expand the group are different and not aligned BUT the work is going further.
What can play a key role?
Accepting a Leader.
USA created the hegemony of dollars as they were 50 different nations BUT all aligned as the North-American political leadership had some really strong periods especially from 15 years ago backwards.
Lula, Brazil’s Prime minister said yesterday:
We do not want to be a counterpoint to the G7, G20 or the United States. We just want to organize ourselves.
Anyway, everyone is wating for the BRICS coin or an alternative payment form from the dollar as China has timely started making its attempts for a CBDC (with all the related setbacks in terms of monetary independence and tracking).
Source: https://www.pymnts.com/news/international/2021/china-suggests-worldwide-cbdc-rules/
I was talking about BRICS a couple of months ago in Bologna with a couple of relevant people from the cryptocurrency space.
From a standpoint we were quite excited from seeing a rising BRICS coin to make dollar losing power and re-distributing power and money. On the other hand, we know that this solution may be something like “jumping from the pot to the embers”.
Where is then the truth and who should we support?
This question and approach is, IMHO, what led to wars, racism, discrimination and so on.
Let’s support ourselves, be kind to the friends and loving relatives, support each other and create groups.
No monetary theory or dynamics can beat a sincere aggregation of people, good intents and love.
Does it sound naïve?
How do you think that all our ancestors survived? By creating parties, one supporting rocks and another supporting wood?
Let’s grow as people, let’s diversify the pots where we put money in, let’s stay together and create cohesive groups.
Source: https://www.cure-naturali.it/articoli/vita-naturale/viaggi/ecovillaggio-idee-da-sperimentare.html
Less can really be more. Are we ready to BECOME more?
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