#BRICS Rising: A #Fatal_Blow to the Dollar Empire! | #Pepe_Escobar
uh the ruling classes in the US they understand that absolutely and and that's why they are scared to death
0:08
because now it's not uh the non-align movement which was crushed by the US in
0:15
the 60s and in the early 70s it's not the G77 nobody pays attention to the G77
0:23
now you have the number one economic power on the planet the number one
0:29
nuclear and hypersonic power on the planet. H some of the largest emerging
0:35
markets on the planet alto together and it's transcontinental and it's really a
0:41
representation of the global south. If you take the 10 full members of bricks and the 10 partners and the 30s
0:48
something who are in the queue waiting to be admitted like yesterday,
0:55
that's the real deal finally and they have a road map. Uh it was very
1:00
complicated to get to this final declaration in Rio. We learned that the
1:06
sharpers worked 24/7 the last few days, including the night before. And it was
1:14
not because some idiots in the US were saying that Iran was blocking the declaration because the declaration was
1:21
not strong enough on condemning on condemning Israel and and the US. No, it
1:27
was because they wanted to get the precise language that would not be
1:33
confrontational when read by the Americans, but at the same time affirming unequivocally
1:41
everything that they are doing geopolitically and geoeconomic and when you read the declar the declaration is
1:48
it's very well thought of. uh it's very well organized, it's very detailed and
1:55
the language is not confrontational at all, but it's firm which is many many of
2:01
us were not expecting it to be that firm. So in the end it was great because
2:06
to a large extent okay this is written by sharpers but it has to be approved by
2:12
leaders and the final approval in Rio was lulus. So this reflects very much
2:20
Lula's approach to bricks which may be let's say not seventh gear as uh Russia
2:30
and China but it's already fifth gear which is pretty good considering the circumstances you know so this was a
2:37
major success and even uh with the role of India India they sent a huge
2:43
delegation to Rio they had a special a state meet Modi had a state meeting with
2:49
afterwards. Uh Modi was beaming, we're going to start a new strategic relationship with Brazil. But this was
2:58
not the most important thing. The most important thing was what the Chinese and the Russians had done in the background
3:05
leading to the summit. And this is something we discussed extensively with
3:11
our Russian and Chinese friends in Rio. There was the second largest delegation
3:16
in Rio was Russian. The Chinese were probably the third or fourth but they
3:22
sent the best academics very very important and they had a lot of side uh
3:28
sideline uh meetings as well and one of the most important things I would say
3:35
that the crucial moment very few people paid attention when it happened. There were two days of the NDB
3:43
meeting. The the NDB had a a separate meeting from the summit. Uh the new
3:48
development bank, the BRICS bank. Uh it was sort of their annual meeting, right?
3:54
And it took place in Rio presided by Jimar Rousseff, former president of Brazil.
4:00
On the end of the first day when everybody probably have left the room and this was replicated on the business
4:07
council the same thing the Russian finance minister
4:12
uh Sulanov he said something which was absolutely
4:17
essential. He said from now on the NDB may very important may become the
4:26
fundamental uh lender for projects and macro projects across the bricks sphere..
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