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Thursday, June 5, 2025

China and BRICS big winner from Ukraine war.

 MOVE TO ALTERNATIVE ECONOMIC SYSTEM ACCELERATES

EUROPE DESTINED TO DECLINE



While the U.S. and Europe continues to escalate the Ukraine conflict, the rest of the world is being convinced that a new and separate economic system is inevitable. This system is hoping to still cooperate with the west's dominated system, but no longer be abused and controlled.

The use of economic sanctions and the latest proposal to not only sanction Russia, but anyone who does business with Russia, will hasten and convince more nations to look to this new system. While all these sanctions are supposed to isolate Russia they are increasingly isolating the west. While the U.S. and Europe are big markets, there is a whole new growling global market that would like very much to get out from under the thumb of the existing system. A system that is now a negative foreign policy competing with a positive economic policy of Russia and China and the other BRICS members.

The existing system has morphed into a increasingly negative policy of sanctions, threats and punishment, not only with other countries but as for Europe even at home. China and the BRICS group have focused on mutual economic development and prosperity by building mutual beneficial economic enterprises. Increasing prosperity in Africa has then opened more markets for China and will allow them to replace difficult markets in the west. 

An example is in Ethiopia, a pivotal country with over 100 million, China has built a new modern port and then a series of textile manufacturing plants that has put many Ethiopian women to work manufacturing textile plants. They are increasing their standard of living and then providing a market for other Chinese goods. Africa is steadily moving away from their neocolonial rulers like France and looking for a better deal from other BRICS members. This is happening all over the emerging world.

In Europe we see increasing desperation, lack of resources, political turmoil that is increasing, increasingly moving toward an authoritarian policy, currency controls to stem the flight of money out of the region. They are on a path to decline and failure.

The U.S, has more options, but many of the same problems, only a reversal of the policy of negative sanctions and threats and a realization that the dominance of the west is ending. A realization and a shift to a positive era of economic respect and cooperation with the rest of the world will allow its many advantages to result in increased prosperity and peace. 




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