Weekend long read, worth it
Weekend reading. The long read. Worth it.
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“Despite the fact the Western Alliance have created the policy that will deliver pain to their citizens, not a single government leader will look at this move as a bad thing.
The pain will not be felt by the elites, it will only hit the citizenry.
Lowered oil production outputs that drive up gasoline prices and fuel inflationary drivers, expedite the Build Back Better narrative and objective.
However, that said, in context to this announcement, a pain that will hit the Western economies of the alliance represented in yellow, the last 18 months of moves by Mexico makes President Andres Manuel Lopez-Obrador look remarkably prescient.
The new strategic relationships and trade partnerships between China, Russia, Iran, Saudi Arabia, India and beyond, take on an added geopolitical dimension.
… 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.
… 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, 2022, 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.”
… The western alliance would be chasing climate change energy policy to power their economies.
The rest of the world (grey), including Mexico, would be using traditional and more efficient energy development.
● The global cleaving around energy use would be complete.
… 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.”
