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BRICS: The Biggest Threat To American Economic Globalism?
September 23, 2014
The idea of an official trilateral
cooperation between the global
super-powers of Russia, India and
China was first publically aired in
December of 1998 by then-Russian
Prime Minister YEVGENY
PRIMAKOV during a state-
sponsored visit to India. From 2003
to 2005, Foreign Ministers from the
three nations held their first trilateral
meetings alongside the UN's
General Assembly.
Fast forward to 2011. Russia, India and China have now added Brazil and South Africa to the mix to form BRICS, a political and economic super co-op comprised of roughly 40% of the global population and 20% of the world's GDP (Gross Domestic Product). Together, they make up roughly 18% of the entire global economy, with an estimated $4 TRILLION USD in monetary reserves amongst them.
Together, the nations of BRICS work to achive goals such as the reformation of the global monetary system, combatting negative climate change, securing national borders, combatting terrorism, curbing drug trafficking, defusing hotbeds of global and national tensions, consolidating democracy in international relations, strengthening the global voice of emerging economies and developing stronger nations; ALL goals with which the U.S.-Israeli zionist machine has ALSO chosen to task itself.
The nations of BRICS are also taking on western economic globalism by forming their own iteration of a world bank. Rivalling the West's IMF (International Monetary Fund), the BRICS bank will have over $150 BILLION USD in currency reserves, rendering it MORE than capable of lending capital to emerging nations, as well as those experiencing economic hardship. By comparison, the IMF has roughly $370 BILLION USD in their currency reserve pool. This new economic super co-op can finally help to build up nations and economies that have been forgotten or targeted by the western zionist steamroller.
And BRICS is not the only economic co-op on the block that has the potential to rival the IMF. MINT (made up of Mexico, Indonesia, Nigeria and Turkey) and The Next Eleven (comprised of Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, The Phillippines, Turkey, South Korea and Vietnam) are also making headway in the global economic race.
~ MERIT
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