Prepare for the Post
American Era- Start building Trinbago’s
future with BRICs.
The Chinese Dragon is set to fly past the US in economic growth in coming years, and the Russian Bear has awoken from its slumber and swallowed up Crimea whole. Trinidad and Tobago must be proactive in facing the reality of a changing international climate. We must manage our diplomatic resources as efficiently as possible in order to see the maximum benefit for our society.
Two pointless and failed wars in the Middle East have shown that the US military is not omnipotent. Global economic and military power is shifting towards the BRIC nations – Brazil Russia India and China and thus Trinbago must develop closer ties with these titans in order to thrive in the future. The Government needs to court BRIC nations as allies while maintaining our close ties to the USA.
The impending decline of the US also necessitates that we push even harder to get assistance from them while they are able to give it. All developmental aid for our economy that the US is able to give ought to be requested as long as there are no strings attached.
All assistance with law enforcement and military training that the US is willing to give must be requested now through our diplomatic channels. The day may soon come when the growing US national debt will preclude the US government from giving aid to Trinidad and Tobago, therefore we must get the assistance now while the US dollars are flowing.
Forbes.com has listed Vladimir Putin as the most powerful man in the world for 2013, ahead of Barack Obama who held the title in 2012. Hu Jintao of China held the title of most powerful man on the Forbes list in 2010. One day the president of India may receive that title, and perhaps the leader of Brazil as well.
The BRIC nations have put up $100 billion to set up a developmental bank and a currency reserve pool on Tuesday July 15th 2014. This bank is set to rival the global financial order that has been centered on the IMF and World Bank when it begins lending money in 2016.
We also cannot take for granted the present stability of the US economy. The present economic stability of the US is only made possible by massive injections of money by the Federal Reserve in a process known as Quantitative Easing.
The billionaire Donald Trump has warned that America is heading for ‘financial ruin’ due to its rising debt. In an article published Tuesday the 15th 2014 he stated that if the US debt keeps increasing a downgrade is inevitable. He predicts unemployment as high as 21% in the future due to recession.
It may even be time to consider unpegging our currency from the US dollar and pegging it to another currency that may be more stable in the future, like the Chinese Yuan. The difference between this coming economic crisis and previous US recessions is that the BRIC nations are now poised to take the lead as the major financial, economic and military powers of the world once the opportunity presents itself. We will see unprecedented changes in the international political, economic and financial order in coming years.
Initiatives to teach Mandarin, Russian, Hindi and Portuguese should be spearheaded by the Ministry of Education in order to ensure that Trinbago society is ready for the future. Foreign investment from these nations should be courted by our private sector, and joint ventures between local companies and firms in BRIC nations should be encouraged wherever possible in order to bolster our economy.
Let us be always forward thinking and proactive in our approach, lest we slide into irrelevancy while new titans rise to power.
Addendum : My latest research has shown that the US's military superiority is also fading fast. The latest Russian and Chinese radar can detect the US stealth fighters the F22 and F35:
http://www.presstv.com/detail/2014/04/29/360578/us-stealth-jet-cant-evade-russia-radars/
Plus the newest Russian and Chinese jets the PAK-FA and the J20 have similar features to the F22 and F35 and will likely challenge american superiority .
The F35 is said to be a flying turkey , slow and lacking in agility, once detected by a Russian SU 35 it will lose in a dogfight.
http://in.reuters.com/article/2014/07/15/brics-summit-bank-idINKBN0FK08620140715
http://www.moneynews.com/Outbrain/Trump-Aftershock-American-Economy/2012/11/06/id/462985/
The Chinese Dragon is set to fly past the US in economic growth in coming years, and the Russian Bear has awoken from its slumber and swallowed up Crimea whole. Trinidad and Tobago must be proactive in facing the reality of a changing international climate. We must manage our diplomatic resources as efficiently as possible in order to see the maximum benefit for our society.
Two pointless and failed wars in the Middle East have shown that the US military is not omnipotent. Global economic and military power is shifting towards the BRIC nations – Brazil Russia India and China and thus Trinbago must develop closer ties with these titans in order to thrive in the future. The Government needs to court BRIC nations as allies while maintaining our close ties to the USA.
The impending decline of the US also necessitates that we push even harder to get assistance from them while they are able to give it. All developmental aid for our economy that the US is able to give ought to be requested as long as there are no strings attached.
All assistance with law enforcement and military training that the US is willing to give must be requested now through our diplomatic channels. The day may soon come when the growing US national debt will preclude the US government from giving aid to Trinidad and Tobago, therefore we must get the assistance now while the US dollars are flowing.
Forbes.com has listed Vladimir Putin as the most powerful man in the world for 2013, ahead of Barack Obama who held the title in 2012. Hu Jintao of China held the title of most powerful man on the Forbes list in 2010. One day the president of India may receive that title, and perhaps the leader of Brazil as well.
The BRIC nations have put up $100 billion to set up a developmental bank and a currency reserve pool on Tuesday July 15th 2014. This bank is set to rival the global financial order that has been centered on the IMF and World Bank when it begins lending money in 2016.
We also cannot take for granted the present stability of the US economy. The present economic stability of the US is only made possible by massive injections of money by the Federal Reserve in a process known as Quantitative Easing.
The billionaire Donald Trump has warned that America is heading for ‘financial ruin’ due to its rising debt. In an article published Tuesday the 15th 2014 he stated that if the US debt keeps increasing a downgrade is inevitable. He predicts unemployment as high as 21% in the future due to recession.
It may even be time to consider unpegging our currency from the US dollar and pegging it to another currency that may be more stable in the future, like the Chinese Yuan. The difference between this coming economic crisis and previous US recessions is that the BRIC nations are now poised to take the lead as the major financial, economic and military powers of the world once the opportunity presents itself. We will see unprecedented changes in the international political, economic and financial order in coming years.
Initiatives to teach Mandarin, Russian, Hindi and Portuguese should be spearheaded by the Ministry of Education in order to ensure that Trinbago society is ready for the future. Foreign investment from these nations should be courted by our private sector, and joint ventures between local companies and firms in BRIC nations should be encouraged wherever possible in order to bolster our economy.
Let us be always forward thinking and proactive in our approach, lest we slide into irrelevancy while new titans rise to power.
Addendum : My latest research has shown that the US's military superiority is also fading fast. The latest Russian and Chinese radar can detect the US stealth fighters the F22 and F35:
http://www.presstv.com/detail/2014/04/29/360578/us-stealth-jet-cant-evade-russia-radars/
Plus the newest Russian and Chinese jets the PAK-FA and the J20 have similar features to the F22 and F35 and will likely challenge american superiority .
The F35 is said to be a flying turkey , slow and lacking in agility, once detected by a Russian SU 35 it will lose in a dogfight.
http://in.reuters.com/article/2014/07/15/brics-summit-bank-idINKBN0FK08620140715
http://www.moneynews.com/Outbrain/Trump-Aftershock-American-Economy/2012/11/06/id/462985/
No comments:
Post a Comment