Good article on BRICS & Germany - global economics & more

Submitted by enhydra lutris on Sun, 03/08/2015 - 12:14pm

Not much of a diary here, just a link to an article by Pepe Escobar that I think warrants reading. That said, et voila'
What the BRICS plus Germany are really up to? — RT Op-Edge

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Submitted by praenomen on Sun, 03/08/2015 - 1:05pm

Thanks for the link

One of the problems with the U.S. mindset is that it lacks a broader perspective gained from studying global events...I think most Democrats would recoil in horror if they knew how neo-liberalism is affecting the global economy and how much it is hated worldwide...it would make them rethink their support for Clinton...but the problem with too many Democrats is that they don't understand neo-liberalism/free trade/third way. As long as the speeches sound great and the photo ops are "cute," then they're okay with neo-liberal expansionism.

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praenomen

Submitted by NCTim on Sun, 03/08/2015 - 7:35pm

They got theirs

... and really don't give a flying flip about the faceless masses. So few can see the big picture and the ramifications of global warming, inequality, corporate greed, lack of workers rights, labor exploitation, ... It's a team sport to them. They game is fund raising and influence peddling, not governance.

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The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. But no price is too high to pay for the privilege of owning yourself. - Friedrich Nietzsche -

Submitted by AoT on Mon, 03/09/2015 - 7:21am

This is just wrong on so many levels

The idea that China and India are going to do anything to create a new market for Germany makes no sense at all. Why would they bother? If anything they have an incentive to break up the EU and that would mean that there's no replacement for the dollar as the international currency of choice. Of course, given China's massive dollar reserves, $3.3 trillion at current count, China really doesn't want anything bad to happen to the dollar because they'd take a serious hit.

Moscow – diplomatically – was the winner. And Russia won again when Turkey – fed up with trying to join the EU and being constantly blocked by, who else, Germany and France – decided to pivot to Eurasia for good, ignoring NATO and amplifying relations with both Russia and China.

Um, Turkey is still in NATO and not leaving any time soon. This is pure fantasy. 100% nonsense.

Submitted by gulfgal98 on Mon, 03/09/2015 - 8:46am

Here are a few keys for me

BRICS, driven by China, is not content to sit around waiting for the 800 pound US gorilla to dictate to them. While we have been waging political, economic, and hot wars thus destroying thus destroying other nations along with our own economic stability, China has been thinking and investing long term.

The BRICS New Development Bank (NDB) – a key alternative to the IMF enabling developing nations to get rid of the US dollar as a reserve currency – will be operative by the end of this year. The NDB will finance infrastructure and sustainable development projects not only in the BRICS nations but other developing nations.

Isolating the “communist dictatorship” won’t fly. Just watch, for instance, the imminent high-speed rail link between Kunming, in Yunnan province, and Singapore, traversing a key chunk of a Southeast Asia which for Washington would never qualify to be more than a bunch of client states. The emerging 21st century Asia is all about interconnection; and the inexorable sun in this galaxy is China.

The Chinese remix of Go West, Young Man – in fact go everywhere – started as early as 1999. Of the top 10 biggest container ports in the world, no less than 7 are in China (the others are Singapore, Rotterdam, and Pusan in South Korea). As far as the 12th Chinese 5-year plan – whose last year is 2015 – is concerned, most of the goals of the seven technology areas China wanted to be in the leading positions have been achieved, and in some cases even superseded.

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Do I hear the sound of guillotines being constructed?

“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy