By: David Madrona (guest author)
The US superpower has the key to establish and position itself in the new multipolar world, captained by a BRICS (Union and alliance of countries originally formed by Brazil, Russia, India, China and South Africa), in which more and more political formations agree with an abandonment of the dollar standard, and join the gold standard or precious metals, in a maneuver to restore the economy on a new paradigm.
Other countries outside USA and EU
Recently the Government of El Salvador has signed a treaty for new free trade relations with China, without forgetting that the Salvadoran president, Nayib Bukele, more than a year ago was a pioneer in using Bitcoin as a national currency. In the wake of BRICS, up to 12 more countries are joining, according to statements by Russian President Vladimir Putin, of the size and geopolitical and geostrategic importance of Algeria, Argentina, Egypt, Turkey, Indonesia, Iran, Saudi Arabia, the United Arab Emirates, Qatar and Mexico, a great ally of Russia.
In the mentioned countries there is an important relationship with precious metals, gas and oil supplies, some of them directly related to the European Union, an alliance controlled by NATO, increasingly concerned about the actions they are forced to take, from the U.S. side, executing arm of the same, such as the conflict in Ukraine and who has subsidized the military supply. Proof of this is the visit of the German Chancellor to China to find a solution on this first point.
Only with the aforementioned countries of the enormous Muslim community, it would already mean a tectonic change for the declared first world power, the irrefutable proof is that without allies, commercial relations become closer, especially if your monetary product is more and more inflationary, and mathematically loses its value, like those of the currencies that are supported by it.
Pakistan, Venezuela and Vietnam are on the BRICS waiting list, so the European Union, led by Germany, must make a firm decision, because if you translate the sanctions that you are forced to impose from your greatest ally, in a “boomerang” effect, your obligation is to change course, because precariousness becomes a social problem, and the social problem becomes a vote.
Oil and gas, key in currencies
If oil and gas start to be traded in a currency that is no longer and no longer depends on the dollar, it would mean a monetary division at the Global level, since the Second World War, where the UN endorsed its monetary system as we know it, based on the World Bank and the International Monetary Fund. The hegemony of currencies could be replaced by a new multipolar financial system, where decisions would no longer belong to a single country.
If more countries align themselves with BRICS, without any repercussion at the level of military conflict, as already happened with the Gulf War with Saddam Hussein, or the coup d’état in Libya with Muammar Gaddafi, both related to oil, the United States holds the key for this migration to be traumatic or not, depending on who is finally in the Oval Office, Democrats or Republicans, we all know who has led their country more times to armed conflict and why. It is equally important that the elections in Brazil (honorary member of the BRICS) be cleaned up, so as not to provoke a military coup d’état, and to verify the electoral process.
The current scenario is immersed in a change of global currency, backed by precious metals, and a commercial obligation to work with this new system, so that the countries that need supplies of raw materials can make this relationship effective in what could be called “a new free trade agreement”. Maximum expectation in the electoral results of the United States and Brazil, in which the military force is probably monitoring and guaranteeing that another electoral fraud is not committed.