BRICS and Mortals
Whilst it seems Putin is pushed in a corner – he may invariably be holding all the cards. One call to the rest of Europe that he will be shutting down their gas supply will spell the end of NATO. With the USA printing money like toilet paper, their economic status is essentially junk bond and can ill afford for a there to be a shift of allegiance to the East. Should this happen, who will prop up their overly inflated treasury bonds and for what reason?
With Chinese dominance being regarded as Soft Power, they have cleverly calculated the factors of economic assertion. They have an economy that manufactures which means there is a great chance of being sustained. They are shunning the petrodollar and through the BRICS are systematically establishing a currency linked to gold – of which they have a great supply. They have built the Soft rail between Madrid and China as well numerous other strategic infrastructures not in the media.
The Indian participation of Brics constitutes cheap labour, vast quantities of gold and textiles.
South Africa has many natural resources. Even though we have labour issues, this will be solved by bringing in Chinese nationals to complete the work. Globally we will most likely become a playground for the rich and famous, who want to hunt game on this borderless reserve and our climate is wonderful for a round of golf.
Brazil also contributes with natural resources and like South Africa, is representative of the continent on which it is.
Should China publicly bail Russia out of its perceived economic crisis, the dollar can invariably lose its power being built on a house of cards and the realignment of allies begins.
Mortals like me need to make business with my community and it should be made in RSA. Staying alive is going to be interesting.