April 24th, 2014
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Tag Archives: India

THE COMING BRICSA CLEARING

Mr. P.H. kindly shared this article with me, and it’s an indicator of the looming possibility that the BRICSA nations are not only fed up with the USSA’s high-handed behavior, but another indicator that my prediction of BRICSA independent international financial clearing may be quietly in the works. (Now, for those still sitting on the fence, or who believe it’s all still about the “city on the hill” and “the indispensible nation” and “the shining light,” consider this editorial from former Reagan Administration assistant secretary of the Treasury, Dr. Paul Craig Roberts:

Obama’s Threats Against Russia)

Now, down to the business at hand, this article is written by an Indian, and it’s worth noting his language:

“Over the last few decades, global interdependence has translated more into emerging economies being dependent on Western systems. It goes without say that an IMF bailout of an emerging economy will come with far more strict conditions than one that bails out a Western economy. The BRICS just do not have enough of a say in the way the Bretton Woods institutions function. It’s unfortunate that an idea like the BRICS bank, which should have come into fruition by now, is still stuck and is likely to become a reality only by 2019.

“A growing numbers of countries in Asia, Africa and South America are frustrated with the bullying that is a part and parcel of the Western-dominated institutions. The BRICS are seen as a counterweight and inspiration in the quest for a new world order. The upcoming summit of the grouping in Brazil should have a single-minded focus to set up the kind of infrastructure that creates a firewall against economic sanctions.”

There it is, folks, in clear print, and as I predicted, the call for such a system would not come from Russia or China, but as predicted, from Brazil or India. There is little left to the imagination here, since a “firewall” in the context of the article can only mean a mechanism of clearing free and independent of Western influence. And the conclusion of the article leaves no ambiguity, at least as far as some Indians are concerned:

“India’s interests lie in the strengthening of BRICS both as an economic and a political grouping. Russia could not get isolated internationally after the Crimean reunification largely because the BRICS rallied and came out in support of the country. Given the fact that the West has rarely been sympathetic or taken India’s side in any international dispute, the day may not be far when the country may face the wrath of sanctions on some flimsy grounds.”

The response of the west to such measures, particularly as being announced from the third nuclear power in the BRICSA entente, India, is inevitable, for there will be a response. But sanctions against India are unlikely(though given the insanity prevailing in the corridors of power in the West, not altogether unfeasible “on some flimsy grounds.”). More likely is what we’ve seen at work in the Ukraine: pro-”democracy” groups of thinly disguised fascists, in other words, covert ops…

…but as I’ve said before, the covert ops game is a game that two, or more, can play.

See you on the flip side.

NEWS AND VIEWS FROM THE NEFARIUM MARCH 27 2014

Joseph comments on new geopolitical initiatives from Russia and what they might portend, referencing the following three articles: Russia to launch its payment system in months, as disruption fears mount Petrodollar alert: Putin Prepares To Announce “Holy Grail” Gas Deal With China Russia Prepares Mega-Deal With India After Locking Up China With “Holy Grail” Gas[More...]

CHINA SLAMS US HUMAN RIGHTS VIOLATIONS

Yes, you read that headline correctly. The Chinese government is calling into question the USA’s human rights record. Check out this article from Zero Hedge’s “Tyler Durden”: China Strikes Back at US Human Rights Violations The article, as you’ll note, specifically references the NSA spying-Ed Snowden affair as the primary violation of human rights that the[More...]

CHINA, INDIA, AND…. ISRAEL!?!?

(My thanks to Mr. C.D.H. of the U.K. for drawing our attention to this!) Yesterday I blogged about the Iranian nuclear deal and the Ukraine’s sudden pivot away from the European union and back towards Moscow as a part of a growing list of indicators that US diplomatic power is on the irrevocable wane, and[More...]

INDIA, MARS, AND A SABOTAGED SPACE PROGRAM?

This intriguing and suggestive article was sent to me by Mr. K.B., an Indian, and for those who have been tracking the shenanigans in space, this is disturbing at so many levels, if true. The shenanigans in space, let us recall, are almost too numerous to mention. We have – and this is just the short[More...]

PUTIN AND SYRIA: THE DAILY BELL’S TAKE

As many of you know, I like the UK’s Daily Bell, the libertarian-Austrian economics-oriented internet site that, until a few weeks ago, was a regular feature here. Then The Daily Bell suddenly “quit”, and, as many of you know, is now back. While I have questions and disagreements with aspects of Austrian economics, their perspective is always[More...]

THE NEW ARMS RACE: DRONES, AND CRACKS IN THE BRICS

…and while we’re still talking about the BRICSA nations, you may not have realized it, listening to SeeNoNews, SeeBS, or Faux News, that there is a real bona fide arms race afoot, just as serious as the Missile Race of the early 1960s, only this time, it’s not just a bi-polar race. Other nations are[More...]

BRICSA NATIONS CAPITALIZE THEIR DEVELOPMENT BANK AT $100 BILLION

We’ve been blogging over the past few years on this site about the development of the BRICSA entente cordial as a geopolitical counterweight to the waning political and moral capital of the West, and more importantly, as a response to post Cold War American unipolarism. As a component of our analysis here, I have pointed out[More...]

“TRIMMING” OVERSEAS INVESTMENTS: J.P MORGAN, AND THE WIDER IMPLICATIONS

This article from the Wall Street Journal  was sent to me by Ms. K, and I’m sharing it for obvious reasons. During the course of her visit with me last summer, former Assistant Secretary of Housing and Urban Development, Catherine Austin Fitts, outlined a sweeping scenario that, to this day, leaves me rather breathless in appreciation.[More...]

CRACKS IN THE BRICS?

Mr. S.D. has been sending me some interesting articles, and some of them concern a quiet and little-noticed arms buildup going on in Asia, the western Pacific, and Indian oceans, and part of that buildup concerns Japan, and the other, India. The latter of course is one of the nations that is part of the[More...]