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Post BRICS Meeting in Brasilia
Created by John Eipper on 11/17/19 3:49 AM

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BRICS Meeting in Brasilia (Tor Guimaraes, USA, 11/17/19 3:49 am)

JE commented on my post of November 15th: "Circus is just as important as bread. For nation-building, even more so. In Brazil it's soccer, in Venezuela it's the beauty pageant."

Indeed, but that might be the underlying problem with our democracy. While we engage in circus, others are taking care of business. Almost totally absent from our manipulated media, the BRICS nations are having their 11th summit this time in Brasilia, hosted by the Brazilian government.

Their agenda seems perfectly benign and constructive for all concerned. However, in our latest circus we have two teams: one with Americans (some Republicans but mostly Democrats with various agendas) with any conscience left are desperately trying to get rid of our mentally deficient, criminally minded President. The other team, protecting the President against mounting evidence about who he really is and his un-presidential behavior, are Christian fundamentalists (can you believe it?) and other unpatriotic individuals.

If our circus was not so detrimental socially, politically, and economically to the American nation, it could actually be interesting times. But then I looked at the last item for discussion in the BRICS summit: the development of a digital currency which I briefly discussed a few time in the immediate past as a serious threat to the US dollar as a the main reserve currency. Remember, the BRICS nations as a block represent a large portion of the world economy and growing fast as we stagnate.

I was already worried about the Russia-China-Iran economic partnership; but now we may have to include Brazil, India, and South Africa. If this takes hold, the US dollar will lose its special status and we are toast financially as a nation. If this happens, when? What are the implications for the American people? Another Great Depression? I have no idea about the results at this time, just concerns and prayers to God the Universe to protect my grand children.

JE comments:  Tor Guimaraes reminds us that "circus" is also slang for frenzied chaos.  Juvenal meant it as a public spectacle, as in chariot races or feeding Christians to lions.  With the impeachment hearings now on TV--the ultimate reality show?--we Americans are experiencing the circus in both senses.

Two questions:  Is anyone in WAISworld watching the hearings?  And 2):  I hope our colleague David Fleischer in Brasilia will comment on the BRICS summit.  Before we get too rosy an image of the BRICS, we should note that at least three of the five nations are facing major crises at present.

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