BRICS Summit Proves Geography Trumps Currency, by Tom Luongo

The world is “deeuroizing” much more than it’s dedollarizing. From Tom Luongo at tomluongo.me:

The older I get the more time I spend asking the question, “Why does someone want me to know this?” Our media is so compromised that questioning the editorial bias of every issue is a full time job.

And I know that it is done on purpose to distract us from the real issues in some instances while advancing an agenda in others.

In 2023, the topic of de-dollarization has been all the rage. It’s been a non-stop barrage of hype and hyperbole. The din of de-dollarization talk became so loud in the lead up to the recent BRICS Summit that it drowned out what was really on the agenda for those few days.

This talk came from all sides, from the BRICS leaders themselves as well as the western press dominated by both British and Davos interests.

People fell all over themselves talking up the “BRICS gold-backed currency” trying to edge each other out in being ahead of the curve on this issue. After a while it became another moment to ask who benefits from all of this amplification?

I’ve been writing about these things for years, knowing that those who control the production of commodities would ultimately get tired of the wealth extraction schemes operated by the financialization masters in New York, London, and Zurich.

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