Saudi Arabia Considers Joining ‘BRICS’ Coalition as They Mull Return to Gold Standard
The nation of Saudi Arabia is considering joining the BRICS coalition, consisting of Brazil, Russia, India, China and South Africa, as they divest from the Western globalist powers.
China and Russia are wooing Saudi Arabia and potentially Iran as they attempt to increase their power. The Saudis have become disenfranchised with the West, particularly after Biden assumed the American presidency and alienated them deliberately.
BRICS is working with the Shanghai Cooperation Organization (SCO) to undermine the globalist world order pushed by corrupt Western powers.
“The BRICS and the SCO share one important ideological quality: they are both focused on multipolarity, and their summits have even been held back to back with one another at times,” said Matthew Neapole, who works as an international affairs specialist for the Canadian Macdonald-Laurier Institute, to Newsweek.
“China’s invitation to the Kingdom of Saudi Arabia to join the ‘BRICS’ confirms that the Kingdom has a major role in building the new world and became an important and essential player in global trade and economics,” said Mohammed al-Hamed, President of Riyadh’s Saudi Elite group, to Newsweek. “Saudi Arabia’s Vision 2030 is moving forward at a confident and global pace in all fields and sectors.”
Additionally, BRICS is floating the idea of returning to a gold standard as they hope to stabilize world currencies that are being ravaged by inflation after central bank malfeasance.
“The issue of creating an international reserve currency based on a basket of currencies of our countries is being worked out,” Russian President Vladimir Putin said during a recent business forum at BRICS.
Putin is saying that a new day is dawning as the U.S. empire spirals into oblivion. This will lead to new opportunities for countries that have not fallen to corruption and insanity.
“Let me reiterate, the whole global economy and trade have suffered a major blow, as did the trust in the US dollar as the [world’s] main reserve currency,” Putin said after sanctions were placed on his nation over the Ukraine conflict.
“The illegitimate freezing of some of the currency reserves of the Bank of Russia marks the end of the reliability of so-called first-class assets,” he continued.
“In fact, the US and EU have defaulted on their obligations to Russia. Now, everybody knows that financial reserves can simply be stolen,” Putin added.
The U.S. losing its empire and the waning of globalist powers, such as United Nations, International Monetary Fund, World Bank and other affiliated entities, is great news for freedom-loving people. There is no way BRICS could do any worse.