Saturday, August 25, 2012

Snow in August

Can anyone with a grain of sense really believe that the new demonstrations in Tahrir Square are spontaneous, as Egyptian President Morsi turns toward Iran and China?

The land of the Pharaohs, long associated mainly with tourism, is suddenly playing a significant role as the outlines of a new world order i take shape for those with eyes to see.

Armageddon may be an understatement for the outcome of a situation in which a country surrounded by more or less hostile neighbors sees its protector challenged by former underdogs who now account for more than a quarter of the world's land area and more than 40% of the world's population and 18.5 trillion of the world’s total 70 trillion GDP.

That the BRICS are not merely a snappy acronym was underscored at the 2012 BRICS conference in New Delhi. The media focuses on the significance of America’s debt to China, but fails to highlight the related implications of two important agreements signed by the BRICS countries Development Banks, the “Master Agreement on Extending Credit Facility in Local Currencies” and “BRICS Multilateral Letter of Credit Confirmation Facility Agreement”.

Aside from China and Russia, another BRICS nation, Brazil, played a role in seeking to resolve the antagonism of the West toward Iran in 2010, when together with Turkey it proposed that its uranium stockpiles be turned into fuel abroad. President Morsi’s current overture toward Iran is no small development. A couple of weeks ago the Chinese fleet sailed through the Mediterranean on its way to Ukraine. According to an on-line publication, The Diplomat, that focuses on Asia, a People’s LIberation Army Navy (PLAN) escort fleet, which included a destroyer, a missile frigate, and an auxiliary refueling ship, crossed the Suez Canal, with Cairo’s permission, on their way to the Mediterranean. Although Egyptian media initially said that the vessels could hold military exercises in the Mediterranean, they continued on through the Dardanelles to Ukraine.

If the CIA is not working covertly 24/7 to undermine Israel’s most significant neighbor in the person of its new president - whatever his political color might be - as it openly supports the deposition of the president of Israel’s other significant neighbor, Syria - I say we can expect snow in August.

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