As Donald Trump’s
Inauguration Day approaches, he is becoming more strident in his foreign policy
statements. There wasn’t much nuance in
his message to the BRICS (Brazil-Russia-India-China-South Africa) alliance:
‘The idea that the BRICS
Countries are trying to move away from the Dollar while we stand by and watch
is OVER. We require a commitment from these Countries that they will neither
create a new BRICS Currency, nor back any other Currency to replace the mighty
U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye
to selling into the wonderful U.S. Economy. They can go find another “sucker!”
There is no chance that the BRICS will replace the U.S. Dollar in International
Trade, and any Country that tries should wave goodbye to America’ (via his X
account).
But this kind of attitude, of
domination rather than cooperation, may come back to haunt President Trump and
all of us in the States.
There are two main factors at
play in the desire of the BRICS alliance of countries (which includes several
more than those listed above) to move away from US dollar domination of the
world financial system. The first is,
unsurprisingly, monetary, and the power that this grants the US over most
countries in the world:
‘ . . . Mr. Trump may not be
readily appreciating why the BRICS bloc formed in the first place, but here's a
hint: telling other sovereign countries that they cannot make their own
currency arrangements between each other and threatening tariff mayhem might be
fueling the very motives that led to the formation of the bloc’ (Dr Joseph
Farrell, ‘BRICS, USE THE DOLLAR, OR ELSE: TRUMP OVERREACH?’, gizadeathstar.com).
The other factor at play in
this is the desire of the BRICS countries to maintain their traditional
cultures and morality. Dr Farrell continues:
‘ . . . Telling more
traditional societies and cultures such as India, or Brazil, or Russia, that
they have to use the currency of a country that has a large segment of its own
population that thinks it's ok to allow men to use women's toilets and play in
women's sporting events, to allow children to undergo "gender
surgery", and in general that wants to promote all sorts of cultural
nincompoopery and codswallop (remember the American progressivist outrage when
"Pussy Riot" was arrested for having unceremoniously staged a
sacrilegious performance inside the rebuilt Christ the Saviour Cathedral in
Moscow, the one rebuilt after Stalin blew it up?) , probably should not
be lecturing the BRICs countries on what they should and should not do amongst
themselves before getting its own cultural house back into some sort of
traditional order and sanity.
‘After all, it's the very
abandonment of that order and the insistence that everyone else be exactly like
us that led to the formation of the BRICS bloc in the first place. Other
countries just became sick and tired of being bossed around.
‘If the President-elect does
not appreciate the cultural and traditional component behind the BRICs
alliance and remains focused only upon the materialistic, financial, and
economic issues, then he will have gravely miscalculated the geopolitics of
what he is up against. To be sure, the BRICs bloc is about
finance and economics. But that is most decidedly not all that it
is about. It is also about the wish of the traditional cultures that comprise
it to preserve their culture in the face of the materialistic money myopia that
has led to the spiritual and aesthetic decline of the West’ (Ibid.).
Trump’s rhetoric and the reaction
to it at home and abroad doesn’t bode well for the US. Significantly, there seems to be agreement
that some kind of big shakeup is looming for the US from the States themselves,
as they continue to go about setting up parallel financial systems based on
gold, silver, and other precious metals.
Dr Farrell, in a separate article about Texas’s proposed State
legislation to issue paper currency backed by gold and silver (legislation
introduced after Trump’s election victory; not exactly a vote of
confidence in the long-term viability of the current union and its federal
institutions), writes,
. . .
The rest be read here:
https://thehayride.com/2024/12/garlington-trumps-brics-bluster-may-backfire/
Or here:
--
Holy
Ælfred the Great, King of England, South Patron, pray for us sinners at the Souð, unworthy though we are!
Anathema
to the Union!
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