BRICS And G7 To Change The World We Know – OpEd
From October 22nd to the morning of October 24th, at the dawn of the final BRICS meeting, the planet will find itself more than ever split into two entities, which for the moment face each other and we hope will decide not to clash: BRICS and G7.
With the BRICS – October 22-24 – the Western order is in grave danger. The reason is as clear as it is incurable. The BRICS countries want to free themselves from the dominance of the SM the Dollar. These entities are the countries grouped around the G7 whose summit we saw in Puglia, and the BRICS countries are, Brazil, Russia, India, China, South Africa to which Egypt, Iran, Ethiopia, South Arabia and the United Arab Emirates have been added. To get a quantitative idea of the comparison, the countries connected to the G7 have a population of 770 million and that of the BRICS 3.7 billion. Five times higher. But the GDP of the G7 is 40% of the global GDP, that of the BRICS 25%. And here is the irremediable basis of the conflict.
In Bari as in New York, in Taranto as in Shanghai, the wealth, development, well-being or malaise of citizens will be influenced in a growing and dominant way by this rift, and the way in which the confrontation will be managed will determine the economic development of the whole planet, from Bari to New York passing through Delhi, Moscow and Shanghai, from Taranto to Washington via Beijing, Pretoria and Berlin. This confrontation will be the motivation for the majority of the war conflicts that will develop everywhere, from Ukraine and its annexes (in perspective, Georgia and Moldova) to Gaza and circumscriptions (Syria, Lebanon, West Bank), hopefully not Iran or Taiwan, because then we will be right on the brink of World War III which, as everyone knows, will have no winners but only losers because they will all be nuclear losers, from Bari to New York via Delhi, from Taranto to Moscow and Shanghai, from Foggia to Tel Aviv to Washington. No one should think of crouching in a safe and protected corner. There will be none.
But why are we all dependent on this BRICS meeting that runs from October 22 to 24? Because no more and no less is a new world order being discussed that will involve us all for better and unfortunately also for worse. To give an example that the world star of classical culture, Professor Canfora could explain very well, the Peloponnesian War was a real world war, because as Thucydides, a general even before being a historian, says, no one could avoid being part of one and the other contender. And so everyone was at war. And here it will be the same. If the G7 and BRICS, following the bad example of the war in Ukraine, decide to confront each other and not find solutions, economic war will be for everyone. And solutions from the G7 must be found because the fact is that the balance cannot fail to tip on the side of the BRICS for energy and market reasons. An example?
On the 22nd, in anticipation of the BRICS, PM Narendra Modi will meet Putin on an official visit, whom our politicians insist on demonizing instead of making him sit at the negotiating table. India is the country with the highest economic growth, but it owes a large part of this special development to Europe, because it depends on the fact that the West has cut off gas supplies from Moscow and Putin has sold his hydrocarbons to India at very low prices. So the West has a drop in GDP growth, the BRICS is growing. Another example.
Meanwhile, Africa, the planet’s open-cast mine, is constantly moving towards China due to a ridiculous persistent neo-colonialist policy and export of humans sent abroad, and is moving away from Europe, which will therefore find raw materials at increasing costs for industries already impoverished by production moves to China. BRICS continues.
But the real Chinese diplomatic success in the BRICS framework was the entry of South Arabia and Iran. Now the BRICS countries produce 20% of all the world’s oil! Question, and the BRICS asks: why does the price of oil have to continue to be calculated in dollars? And here is the real great difficulty of the BRICS in its effort to depose His Majesty the Dollar from its planetary throne. Because yes, even in times of digitized virtual economy, such as the one we live in, the banknotes in God we Trust continue to be fundamental for fundamental traffic. Weapons, drugs, coups d’état. Seeing Hollywood movies is believing. And BRICS is not in a position to create its own currency. They have created the competitor of the World Bank, they have initiated multilateral compensations, they are going to dominate the world of oil for small countries but they are not able to create a common banknote like the Dollar and its divisional currency the Euro.
But for a month now, the real threat to BRICS has been coming from Silicon Valley. In fact, in Western Europe, AI is going crazy. Not with the cloying debates on the benefits and dangers that leave the time they find in the boring talk shows, but with the expansion of the large software companies to the terrain of planetary security: the nuvcleare managed on their own.
For European leades, this is the real opportunity to show that they have real political stuff. Someone in Italy made the highways. And thanks to them, Itlaian economy took off. European leaders should became the godfathter of the knowledge economy in Europe. It is with that policy that Europe can win in Africa. Google will finance 7 new nuclear power plants. Microsoft to begin with will rebuild onr. But why are they all moving in that direction? Why are all these Silicon Valley companies getting into nuclear power? For the energy needs posed by the development of Artificial Intelligence! Developments in Artificial Intelligence require so much energy that every large company needs a few nuclear power plants all to itself!
The theoretical discourse on the economy of knowledge has now had a turning point that has excluded Europe.
And to my Italian friends I want to remember the great Pavarotti. Nessun Dorma, from Turandot. Nobody can sleep, because all local problems are part of the G7 and BRICS fight
