BRICS Answer To War On Resources

Replacing conflict as the means to support the dominant currency

• Control of trade and resources is what determines a currency’s worth

• West’s industrial decline accelerates, driving war for survival

• BRICS could be a way to halt the assault on us all

• Evidence is all around: disrupting China's Belt & Road, blowing up pipelines

• Desperation puts the smallest countries in play to bypass rivals

• Israel and U.S. in joint drive in Central Asia to undermines Iran, Russia

Part one: See Race Against Time As Bankers Circle - Building BRICS to counter policy of feudal degrowth (Oct 11, 2024)

See also:
Eurasia note #83 - Armenians Flee Karabakh - Yerevan yields Artsakh to Azerbaijan, Russia stands aside (Sep 26, 2023)
Eurasia note #76 - U.S. Ramps Up Sanctions Effort - Israel boosts Central Asian ties seeking to offset Saudi-Iran rapprochement (Apr 26, 2023)
Eurasia note #37 - Agendas Align In Ukraine Smart city, basic income rolled out amid war; Russia targets bio lab concerns (Mar 28, 2022)

(2,400 words or 12-14 minutes of your time.)

A brief reminder…

When the Nord Stream pipeline was blown up in September 2022, I pointed to Gaza’s Levantine gas fields as the likely beneficiary. Who could guess that conflict would put it in play a year later.

You read it here first, so please…

Trade routes and pipelines are key to a currency’s worth…

Oct 13, 2024

Never has money been more topical. It is the sub-plot in any number of stories. The digital currency wars are part of a Game of Thrones, competition of resources and manipulation of entire peoples.

Each episode drops hints: the vast swathe of each country that is privately owned — and it's growing — partly visible in the trillions controlled by asset managers calling themselves stewards and stakeholders. The prominent role of royal families like the British and the Dutch in their Great Reset, which belies their pretentions to modesty.

Armies, whom we thought served our nation, are fighting other people's wars, for who-knows-what interest. The long arm of the Lockdown is now policing your Tweets. The corporate media is in league with state censors.

This tale of money gives a glimpse of who controls the world, as if the declining quality of politicians wasn't a clue.

They need a new kind of money, which might come with a social credit score, or determine what equity your political identity deserves, or a universal basic income — who knows what that'll be worth if food and energy shortages lead to rationing.

They'll get us to comply through cascading crises, a poly shock: a banking blackout, a power blackout, another pandemic or war.

Await your fate or look for alternatives, make an effort or encourage others. Don't be the party pooper who moans that it's not worth the game because “they're all fixed.”

At the very least grab popcorn and watch if the locals have the stuffing to stick it to the barons.

Short changed

In simple terms they took the money system off the gold standard, currencies wavered with supply and demand, making capital more mobile, but leading to hyper-financialisation, inflation, banking crises and bailout — in which profits are private but losses are socialised.

That's just a theory, except for the last bit, which tells you that it's a predatory and corrupt system from the get go.

It is no exaggeration to say the pound and the dollar depended on force to control mineral resources and trade routes. That includes regime change, coups and Color Revolution ™ to create client states and to stop them becoming independent.

Two brazen examples are Iran in 1953, and the overthrow of Mohammad Mosaddegh to create British Petroleum, and the 1974 deal by Saudi Arabia to funnel its oil profits into U.S. Treasuries creating the petrodollar.

How do countries get to keep more of their resources without outright nationalisation and barriers to trade? You can rarely control what happens to your work or product, as any office slave knows. Why not reduce the number of ways in which you can be robbed or short changed.

Trade and speculation needs volume, and they flock to big financial centres like New York and London. Few countries successfully run a commodity or currency exchange. But what if countries collaborate?

Route to war

Trade routes and locations likewise determine who uses what currency, and thus supports or diminishes the dollar.

That is why the U.S. is determined to block China's Belt & Road of transport, assembly and warehousing along the route — to which Ukraine was central.

It is why Russia's Nord Stream gas pipeline was blown up, and why even small countries like Armenia (population 2.7 million) and Georgia (3.7 million) can provide crucial alternative routes bypassing Iran.

That is how Israel complements the U.S. with its diplomatic and trade initiative in Central Asia.

A key component of the conflict in Gaza is its coastal gas fields that play a part in switching the energy axis from east-west to south-north.

And if conflict with Iran does escalate then this analysis will have shown how it fits like a glove not only the geopolitics of oil and gas, but how BRICS is an attempt to mitigate this war on resources.