| Trading Blocks do matter, and as the old adage goes, | | | | that regard, whether reality based or not, the World |
| there is power in numbers. So what happens when | | | | Media can certainly spin a story. Sometimes, it's not |
| up and coming emerging and powerful nations create | | | | what you do, but how it's reported, and that too |
| their own trading blocks? That's good right, of | | | | becomes a huge problem. "He who controls the |
| course, it is good for them, and it is good for the | | | | media, controls the minds of the people," motif. |
| world, provided they are created for the right | | | | Geraldo then stated; |
| reasons. Now then, let's discuss such a case study | | | | "If these countries continue to command portions of |
| for a moment shall we? | | | | the market at their current rate I see no obstacles in |
| Perhaps you follow international affairs and | | | | them forming a very powerful economic bloc. China |
| geo-politics. The global economic market place is alive | | | | and Russia can very easily establish a mutual benefit |
| and well with lots of choices, trading blocks, and | | | | relationship with Brazil and India provided it can offset |
| options for nations, companies, and industrial | | | | to a sufficient degree the financial vacuum left by |
| capitalists willing to put their money where their | | | | western trade agreements." |
| mouth is. BRIC is certainly making both headway and | | | | Yes, I hear that, but those are all nations with lots of |
| headlines in the world media. BRIC is the trading block | | | | labor and manufacturing and thus, have producing |
| with Brazil-Russia-India-China. | | | | economies of scale. They are all selling, they need |
| Not long ago, I was having a rather interesting | | | | the big buyers, the US consumer and middle class, |
| dialogue with a studier of US-Russian Relations during | | | | and US purchaser, the EU. Still, Giraldo puts it into |
| the post cold war era to get a hold on his unique | | | | perspective stating; |
| perspective. I thus, asked Jesse Giraldo about BRIC | | | | This also puts the U.S in a difficult position as it would |
| and their move to de-thrown the US Dollar as the | | | | have little reason to object to such an alliance. All |
| World's Reserve Currency. He immediately stated; | | | | these nations maintain decent relations with the U.S |
| "I'm not an economist so ill leave the financial | | | | and are certainly not considered adversaries of ours, |
| speculation to someone more qualified but what I can | | | | so a partnership among them for seemingly benign |
| tell you is that China and Russia on a United front is a | | | | reasons would be a completely legitimate affair. The |
| very precarious Foreign policy situation for the U.S to | | | | only chance we would have to control the situation |
| be in." | | | | should such a scenario occur would be to question |
| So, knowing his view point to be very valuable I | | | | the U.S's exclusion from the alliance and pressure the |
| continued my discussion and asked; Do you think that | | | | BRIC to include the U.S in its alliance. At the very |
| their "united front" can last, or is it merely a front, as | | | | least we could then acquire a leadership position |
| in a facade with weak ties, and PR posturing as it | | | | within the organization and thus to large degree |
| serves them on the economic stage; i.e. G20, G8, | | | | control over its actions. |
| Davos, or when it pleases them a wedge between | | | | Wow, good point, in fact, that's a good idea, and we |
| the EU and US, and the US and Middle East, or US | | | | don't need to control, we should foster those |
| and ASEAN trade block, or even between the US | | | | connections to some degree because the more they |
| and ALBA. Every time we stand firm for a human | | | | trade with each other the lower our trade deficits |
| rights issue and curtail trade with an offending nation; | | | | here. It also adds competition to the marketplace. |
| Russia or China runs over to make a new friend and | | | | The problem I have with BRIC is that it was formed |
| promises to replace our trade flow into that nation. | | | | for the most part as a wedge "against" the US. And |
| It's somewhat alarming from a human rights | | | | it often "acts" like it, as if that is its real purpose. |
| standpoint. | | | | Other than that, I have no other concerns with it. |
| Of course, the US has been accused of enough in | | | | Please consider all this. |