My
followers know that this that finally has happened, I come it announcing ago at
least two years, finally I arrive officially, now no longer they will be able
to refuse that occident has lost the battle of the world economic supremacy.
Brazil, Russia, India, China and South Africa, the five well-known countries
for their initials like BRICS, they have given green light to the creation of
the Bank of Development and of a monetary bottom baptized as Agreement of
Reservations of Contingency, during I SAW it Summit that those five emergent
countries took place today in Strength (Brazil).
The
first thing on that I base myself to give to the new world like winner, is
their own initials in English BRICS that surprisingly or they don't resemble
each other to the word "brick" (ladrillo en español), this way this
acronym BRICS gives the sensation of force, of hardness, and of physical
stability for its likeness to its meaning "brick", it is clear that
its western opponent PIGS (credos en español) he gives a completely contrary,
but very exact idea of what is passing in one and another world scenario, the
things they are this way, it is so undoubtedly until the chance it puts
everything in its fair point, some are strong and hard and the other ones dirty
and groceries.
The
two created financial institutions could be described as the alternatives from
the BRICS to the arisen institutional couple of the agreements of Breton Woods
and favored by United States: the World Bank and the IMF, respectively and one
can add the BCE that counts less than a book of mathematics of the first one of
basic. Brazil, Russia, India, China and South Africa will contribute to the
bank an initial payment of 50.000 million dollars, 10.000 million each one.
Also, amplification has already been authorized until the 100.000 million
dollars to the call New Bank of Development whose headquarters will be located
in the Chinese city of Shanghái.
India
will occupy the first presidency of shift of the entity to be the country that
proposed the creation of this organism and later it will be assumed by Brazil,
Russia, South Africa and China, in that order. The maximum responsible for the
advice of Governors will be designated by Russia, while the head of the advice
of Directors will be proposed by Brazil. Both positions will be revolving. In
turn, the Fund of Reservations will be endowed with 100.000 millions, of those
that China will contribute 41.000 million; Russia, Brazil and India 18.000
million each one and South Africa the 5.000 remaining millions. This bottom
will be used by the countries of the BRICS to make in front of international
monetary turbulences.
As
they explained, with the birth of these economic mechanisms the five countries
look for to balance the influence of West in the global financial order. This
way, they seek to reduce their dependence regarding the IMF, when constituting
their own mechanism. This way, the BRICS expressed their
"disagreement" and "serious concern" with the fact that the
IMF has not implemented the reformations agreed in 2010 and he requested to the
Bank World more “democratic government structures” and an "invigoration of
the financial" capacity of the entity.
It
is then evident that have won, in this cluster this the world population's 70%,
not counting alone with the series heads but for their influence market maybe
more, in him this the whole factory of world production, and little by little
70% of the world consumption will be, before this that can offer occident
single two things, or the rendition without conditions, or just the opposite
the most extreme separation among the two worlds; to try to mix, to negotiate,
or to be so dreamer that we will be able to dominate them because they continue
speaking in dollars, it is an Anglo-Saxon stupidity characteristic of the
incredible ones that they continue seeing them as Indians to some and yellow
strangers to others.
Possibly
the one in route to continuing is to lock in the western continents before it
is late, clearer statement the UE and the USA should close lines, not to open
them, it is necessary to reinvent another time the occident economy, it is
necessary to become self-sufficient, there is that reindustrialized so much
Europe as it USA and this is to make it in not more than 5 years, and when I
say to industrialize, I refer to heavy industry, to basic industry, not alone
to the high technology that should be the most advanced thing, but in these
moments occident he has too much unemployment, too much deficit, and very
little basic GDP, the economic force of occident it is today single numbers and
financial engineering, but with this we won't already be able to compete.
"The
process of reformation of the IMF should take it to the modernization of its
government structure so it already reflects the fear to the growing weight of
the emergent economies in the development in the world economy; among other
things it is necessary to also reconsider the political action. In the combined
declaration, the BRICS recognized the importance of the Union of South American
Nations (Unasur) "in the promotion of the democracy and the peace in the
region and in the attainment of sustainable development and eradication of the
poverty."
Political
or not they say that - we Renovate our disposition for the increase of the
commitment with other countries, in particular with those in development and
with emergent economies of market, as well as with international and regional
organizations, everything it with a view to increasing the cooperation and the
solidarity in their relationships with all the nations and the towns - us my
friends, not alone we don't commit to anything with other cultures and towns,
but rather we don't commit neither with ourselves, because good there are our
culture, our civilization and our survival.
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