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Friday, August 4, 2023

Bolivia And Many More -- As The U$$A, Inc. Bites The Dust

The collapse of the U$$A, Inc. Global Empire really isn't being covered very much in the English-language legacy news media, but it is continuing apace. Rest assured that the U$$A, Inc. Global Empire is going down. The horror that is coming to the U$$A, Inc. in 2024, 2025 and the following years will be epic. 

One of the big factors (but certainly not the only one) in the Red-White-and-Blue Empire's collapse will be the global ascendency of the BRICS economic bloc, the founding BRICS nations being: Brazil+Russia+India+China+South Africa. At present this bloc represents about 40% of the global population and 26% of the global economy. But the BRICS bloc is undoubtedly going to grow over the coming years, and may even add one or more new nations later this year, as more countries petition to join. 

The latest nation to express an interest in joining the BRICS economic bloc is Bolivia.

Dozens of other countries have already informally and formally applied to join. Reportedly, more than 40 nations have so far expressed a desire to join. Here is a partial listing:

D.R. Congo
Saudi Arabia
The United Arab Emirates

The BRICS will hold their annual meeting in South Africa later this month. It is expected that the BRICS will discuss adding new members. The bloc is in business to do business, so expanding their membership logically increases their global market share. The nations being bruited as possible new members include: Saudi Arabia, Indonesia, the United Arab Emirates, Egypt, and Argentina, with Indonesia being the most likely of the candidates to be admitted next.

Note that there are now 8 Latin American nations that want to join the BRICS. Let another year go by and there will probably be more. The BRICS are slowly but surely kicking the props out from under the more than 200 year-old Monroe Doctrine, under which Washington-DC has ruthlessly dominated Latin America and the Caribbean, from the 1800s right down to recent years. 

But that is all quickly changing. As just one small example, China is now Ecuador's second largest trading partner, and has just this year signed a free trade agreement with Ecuador. Nicaragua, Costa Rica, Peru and Chile have also signed free trade agreements with China, with Panama and Honduras in negotiations to do so, as well.  

What do Latin American Pacific Rim countries have to offer China? Quite a lot: many billions of dollars of trade annually in gold, copper, silver, petroleum, timber, sugar, coffee, chocolate, apples, pears, pineapples, bananas and other tropical fruits, fish, shrimp, chicken, and much more. 

Might that also include secret shipments of tons of cocaine to the Chinese Triads (Chinese organized crime), unknown numbers of "disappeared" people, as well as fresh, black market human organs, adrenochrome and blood?

Possibly, but off the books, under the table, as it were, out of the public eye.

A hard, unblinking look at the world as it is actually run, instead of seeing things through the lens of high school civics, history and economics class propaganda, indicates that so-called "free" trade comprises a very wide variety of goods, products, commodities and services, including the illicit, unethical, demonic and depraved.

And behind it all, you can hear the loud creaking, cracking and popping sounds as the framework of the Monroe Doctrine progressively weakens and collapses; and the commercial and economic power of Washington-DC steadily wanes throughout the region, in Ecuador and the rest of Latin America.

But It Won't Be Just The Brics

A growing list of countries are abandoning the dollar (Federal Reserve Note) in international trade. China, Russia, Brazil, India, Kenya, Saudi Arabia, the United Arab Emirates, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam are now using local currencies in trade.

Additionally, Bolivia, Argentina, Brazil, Russia, Iran and a growing list of other countries are now transacting with China in yuan, instead of dollars. 

Even more telling, the International Monetary Fund (IMF) now permits countries to settle obligations with it in yuan. For example, earlier this year Argentina used the yuan to pay off the equivalent of $1.1 billion to the IMF. 

The IMF is a United Nations special agency. It was established at the Bretton Woods Conference in 1944 to stabilize international monetary affairs and policy. As it happens, the IMF is headquartered  at 1900 Pennsylvania Ave. in Washington, DC, just three blocks from the White House.

Here is what the United States Treasury Department website says:

The IMF is an organization of 189 member countries that works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. The Secretary of the Treasury serves as the U.S. Governor to the IMF, and the U.S. Executive Director of the IMF is one of 24 directors who exercise voting rights over the strategic direction of the institution. The U.S. is the largest shareholder in the Fund.

This is all very revealing, especially the last part:
 the U.S. is the "largest shareholder in the fund." 

The old saying about the Golden Rule comes to mind: "Those who have the gold make the rules."

In brief, what is happening is remarkable. The IMF has for decades been one of the tools that the U$$A, Inc. has wielded to ensure global dominance of the dollar. 

And now it has begun accepting the Chinese yuan in settlement of its member states' obligations.

Global tides are rapidly shifting, in trade, finance, diplomatic and military affairs.

Nothing more loudly shouts the impending demise of the Federal Reserve Note (aka, the "dollar") than the IMF accepting the yuan in debt service from its member states. It would have been unthinkable decades ago, but we are now in a period where the previously unthinkable will more and more be the new order of the day.

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