The coalition of countries comprising Brazil, Russia, India, China, and South Africa may have another letter added to its name if Vladimir Putin has his way. The de facto dictator met with Iran’s President Ebrahim Raisi to talk about the potential for including Iran in the BRICS coalition. BRICS would become BRINCS, this writer supposes, a growing coalition of countries that seek to undermine America’s hegemony over the world by creating a shared currency that can one day become the new global reserve currency.
The problem with the coalition is that many of the existing members already have dreams of being the eventual leader of the coalition, with India, Russia, and China each imagining that new reserve currency will be based on their currency, India is already moving to pay in rupees rather than the American dollar for oil it gets from the Middle East.
Meanwhile, the World Bank appears to be leaning towards BRICS with recent calls to potentially start servicing loans to countries using their local currencies.
The inclusion of Iran would raise the tensions between the U.S. and what would then be the BRINCS nations, pushing us to the brink of a global war (whether the nuclear power nations fight each other directly or through proxies, as has been historically the case).
The pride of the other nations, and their personal ambitions, might put a fly in the ointment for Putin and his dream to consolidate allies in the face of what seems to this writer to be western aggression. The west, in large part, is as responsible for the rise of opposition to it as the personal ambition of the leading powers in that growing coalition is.
When you add in the layer of woke culture the west is seeking to force on any who might derive dependence on it, you can quickly see how the west is its own worst enemy, hubristically imagining it can use its power advantage to force on others the same depravity it forces on its own citizens. So far, the effort is only leading to the loss of faith and standing of the West by the rest of the world, and this writer is inclined, on that point, to side with those nations over the fascistic tactics the west has displayed in earnestness over the last couple of decades (at least).
About Author
Paul Collier
Paul Collier is the editor of The Freedomist newsite, our Weekday Reports, and our Monthly Publication, Freedomist Intelligence Advisor (previously McAlvany Intelligence Advisor). He has been involved in news publishing since 2003.
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