 Image uploaded from a quicklink (Image by Unknown Owner) Details DMCA | New alliance poised to emerge from the rubble of America's collapsed empire ... The alliance of Brazil, Russia, India, China, and South Africa, also known as BRICS, has been watching the death throes of the American empire and is reacting by creating the groundwork for a post-American global construct. Following the recent BRICS summit on Hainan island in China, Brazilian Finance Minister Guido Mantega told the International Monetary Fund in Washington that the United States and other western countries were attempting to "export their way out of difficult economic situations" by printing money and driving down interest rates -- which is the core principle of quantitative easing. It was clear that Mantega was speaking for the other BRICS nations in warning Washington that business as usual is approaching an end. |
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