Many of those who have been warning of an impending financial apocalypse also say it has been and is being engineered, and I am somewhat sympathetic to that position, but it is becoming increasingly clear that the people running the City of London and the Wall Street oligarchy are simply too psychopathically deranged to imagine any other way of doing things.
There are many voices sounding the alarm in the “alternative media”, but a few offering solutions. By now people should be tired of the “Glass-Steagall and Bradbury Pond” mantra, but while no one is paying attention, half the world has adopted that very policy and is using it to break the genocidal tendencies of the City of London.
In mid-July, the leaders of five countries met in Fortaleza, Brazil, for the sixth BRICS summit: host Brazil, Russia, India, China, and South Africa. On the second day of the meeting, the leaders of all other South American countries also joined.
Looking at the map, it may seem like just under half the world is represented, but the BRICS nations represent 43% of the world's population, and if you include the other South American nations, that number rises to 49%.
Over the course of three days, representatives of half the world’s population decided to reject the Grand Casino, a completely failed central banking system. Instead, they introduced an institution that would provide loans for high-tech national infrastructure projects.
The power of infrastructure
Every economy needs basic infrastructure. Energy, water, and transportation are fundamental. Without them, we can't extract, manufacture, or distribute. Even a post-industrial service economy needs them.
Take the UK for example: we've neglected our infrastructure for decades. We've sold everything to various corporate cartels who have made the maximum profits from the minimum investment needed to keep things going, rather than investing in new infrastructure.
The result, coupled with government education policies, is that we have almost no domestic skills left to maintain, design and develop for current and future needs. The situation has gotten so bad that, embarrassingly, we need French and Chinese skills to build the next generation of power plants.
One effect of this situation is that productive industries of all kinds are struggling to compete under the weight of unnecessarily high input costs, especially energy costs.
The government's focus is not on the economy or its infrastructure, but on the City of London and its survival. It's hopeless.
The key focus is the constitutional reform agenda. The Big Society foresees the end of central government and the possibility of a national infrastructure plan. Young people therefore see no future beyond the drudgery of stocking supermarket shelves and serving coffee. They struggle to get up in the morning and live to drink on the weekends. We are literally looking at a lost generation. What about the next generation? When young people start their own families, will their children see a more optimistic future? I don't think so. I see the next generation degenerating into mindless incompetents.
However, this doomsday scenario offers the UK a unique opportunity not only to reverse degradation but also to build a positive, optimistic future for future generations.
Anyone who has seen Fred Dibnah's various television series about Britain's engineering achievements of the past cannot help but appreciate the inspiring power of technology, properly applied. How many of us born in the 1960s and 70s grew up reading books about space and space exploration and imagined the day when we would be involved in such projects?
It is precisely such inspiration and optimism that the BRICS countries have grasped with both hands.
Peace of Westphalia
The concept of a sovereign state originates from a series of treaties collectively known as the Treaty of Westphalia (1648). Historically, the treaties ended the Thirty Years' War. The first clause of the treaty tells us something about the thinking of those who drafted it:
That there should exist Christian and universal peace, and lasting, true and sincere friendship, which should be defended and fostered with sincerity and zeal, each endeavoring to obtain for the other the benefit, honour and advantage, so that this peace and friendship should be seen on all sides, and that good and sincere neighbourliness should be welcomed and flourish.
Again, “We must seek to secure the interests, honor, and superiority of the other side.” Don't destroy. Don't conquer. Don't cover it with layers of depleted uranium.
Contrast this sentiment with a statement made by Chinese President Xi Jinping on July 16, 2014.
History teaches us that the survival of the fittest is not the way for human coexistence… All countries should adhere to the principles of equality, mutual trust, mutual learning, cooperation and pursuit of common benefits… to build a harmonious world, lasting peace, and common prosperity.
Am I the only one who thinks this is the ultimate irony?
Many reading this will be completely skeptical of what I am saying. Am I really saying we should trust and be inspired by China? Isn't China a vile communist dictatorship that runs people over with tanks?
Well, I don't believe China is playing geopolitical games. I don't believe they're going to bomb Iraq or Libya back to the Stone Age. I don't believe they're going to fund “rebels” in Syria and magically morph them into a modern “terrorist” threat. I don't see China trying to overthrow the elected government in Ukraine or conducting military exercises on the borders of a sovereign nation.
I see China turning its back on the globalist post-Westphalian worldview (no national sovereignty, no national self-determination, no fundamental agreements). I see China investing in infrastructure all over the world. I see China working with four other sovereign nations to create mechanisms to fund the development of other sovereign nations. This is the peace for the other nations' benefit that the Treaty of Westphalia envisions.
Direct competition to the World Bank and IMF
The intention to establish a new multilateral development bank was announced at the 2013 BRICS conference in Durban, South Africa. It was announced that the bank would be established by the 2014 conference.
At the 2014 conference, participants issued the 72-point Fortaleza Declaration, including a $50 billion development bank and $100 billion in foreign exchange reserves.
The reaction from Western politicians, economists and media can only be described as outrage. Every i and t was crossed out in minute detail to determine whether the BRICS countries were really declaring a genuine competition to the World Bank and the IMF.
Typical of this is the Financial Times' continuing fantasy of the deal's demise with its “beyondbrics” blog, which publishes a constant stream of incredibly negative articles designed to keep the paper in denial that this could ever happen.
Why should the FT react in this way? Well, leaving aside the Westphalian views of the BRICS countries, everyone is being called upon to turn their backs on the World Bank and the IMF and join in. And they are joining in droves.
BRICS is focused on real value: funding national and international infrastructure projects that directly impact the real economy.Furthermore, BRICS is building a credit system to provide that funding.
These infrastructure projects are already underway, providing jobs, training, and giving people of all ages a sense of a future (of course, the IMF also gives people of all ages a sense of a future, but one of debt, economic policy intervention, genocide, and more debt).
There is no time for war
In just a few months, the world has literally changed. I can't emphasize this enough. The world is now divided into three parts: those who have nothing, those who are on the verge of having nothing, and those who are building their own future.
We live in that second category, “soon to have nothing” because what we have is nothing. If government policies continue on their current course, we face two futures: we either lose everything as a result of the eventual collapse of our failed financial system, or we lose everything in a crazy war with Russia and China.
There is a “third way”, if you will allow me to use the term in exactly the opposite sense to how Tony Blair used it, and that “third way” is to join the BRICS.
That cannot happen as long as the current renegade, post-Westphalian pedophile politicians remain in power, but if we remove them and accept the Glass-Steagall-Bradbury-Pound mantra, we already have the perfect platform from which to start: a completely destroyed national infrastructure and a catastrophic productive economy. Disaster becomes an asset.
Not only will the young people have a future, but their parents will be able to go to the grave with the conscience and knowledge that they have left something good to their descendants.
Plus, there would be no appetite for war. We would all be too busy.