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PERRIN LOVETT

Tag Archives: BRICS

Another BRICS in the Wall

28 Tuesday Jun 2022

Posted by perrinlovett in Legal/Political Columns

≈ Comments Off on Another BRICS in the Wall

Tags

BRICS, Iran, nationalism

Another sovereign nation seeks membership.

The Islamic Republic of Iran has officially submitted its application to join the group of five leading economies made up of Brazil, Russia, India, China, and South Africa, the foreign ministry in Tehran announced on Monday. The move comes after the Iranian president addressed the BRICS summit last week.

While BRICS is not a treaty bloc, it has a “very creative mechanism with broad aspects,” Iranian Foreign Ministry spokesman Saeed Khatibzadeh said on Monday, according to the Tasnim news agency. He added that Tehran has already had “a series of consultations” with BRICS about the application.

The goose is beginning to cook.

The Opposite of Green Shoots

23 Sunday Aug 2015

Posted by perrinlovett in Legal/Political Columns, News and Notes

≈ 1 Comment

Tags

BRICS, Dow Jones, Economic collapse, economy, Einstein, goverment, insanity, politics, The People, The West

At the end of last week the Dow Jones dropped 888 points. This number is a boon to certain numerologists. A boon for the social justice crowd came when the wealthiest 1% lost $182 Billion! instantly.

I see no upside here. The fact is the 2008-2009 recession never ended. The great recovery wasn’t. The commercial banks and a select few corporations were propped up with tens of trillions of new “out of thin air” funny dollars. It bought them a little time – time to grab everything of value they could. The grabbing is frantic now.

The rest of us have little to nothing. There are few high paying jobs. The mighty BRICS are crumpling. The West is teetering. All we’re left with is higher prices, lower pay and the most pathetic assortment of political candidates ever assembled.

Okay, yes, the price of gas is collapsing. That’s positive for now. Only for now, for later it’s a harbinger of ill to come.

This week or next the markets should pep up a bit. But, fall and winter are coming.

What do those lovely candidates have to say about all this? More spending? More funny money? A wall? A wall built with funny money? Remember, while walls can keep foreigners out, they can also keep natives in.

There are solutions to these problems. You will not hear them on Fox, CNN or CNBC. Most people would reject them anyway. We’ve been here before – again and again and again. Einstein’s iron law of insanity.

Perrin Lovett

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