The US
deep state will fiercely fight such a perspective
by system
failure
The
birth of both these acronyms comes from the widely used marketing
practice that makes some things easier to remember and stigmatize.
The whole story was actually an invention by the modern, mainstream
economic school.
On
the one hand, the bad "students" of the PIIGS (Portugal,
Italy, Ireland, Greece and Spain), conveniently placed in such an
order to be "nailed" in everyone's mind as something
repulsive, like a dirty pig. On the other, the "good examples"
of the emerging economies BRICS (Brazil, Russia, India, China, South
Africa), placed in such an order to remind someone that some
countries are trying to build their economies wisely, brick by brick.
Of
course, all this mainstream perception was created fifteen or twenty
years ago, when the West was certain that neoliberalism would manage
to conquer the whole planet. The big irony of the whole story, is
that PIIGS were always playing by the rules of the neoliberal
bubble-style economy, and, especially when the crisis hit Greece and
eurozone, they became the scapegoat of this crisis.
And
while the system managed to blame the Greek public for all the
catastrophe in Greece, hiding the huge responsibilities of the
bankers who were rescued at the expense of the taxpayers, no one
really understands why Ireland should be stigmatized as being
sometimes part of the PIIGS. The crisis there was clearly caused by
the banks. How the Celtic tiger became suddenly a pig?
Russia's
economy was literally destroyed by the IMF in the late 90s and yet
the country was put in the BRICS as a model that someone should
follow. Not that we shouldn't expect such thing. Today, IMF new victim,
Greece, is treated with a similar absurdity: when the Greek government
(mostly previous government), obeys to the IMF destructive policies,
is rewarded with the next dose of liquidity (like a junkie who begs
for the next dose), but when chooses to resist (mostly current
government), is being punished. Latest example is Greece's exclusion
from the new QE program by Draghi.
Today,
things have changed. The BRICS walk fast towards an independent road,
far from the absurd economic sadism of the West. Countries that have
been attacked by the international financial mafia, like Argentina
and Venezuela, are now see an alternative to the economic dead end
and exclusion.
Meanwhile,
the "empire" insists on the catastrophic policies imposed
to the eurozone periphery, or, PIIGS if you prefer. While the
eurocrats let us believe that they act purely on economic basis, the
"emperor" Draghi actually has been exposed through his
latest decision to exclude Greece from the new QE program, which was
purely a political move.
So,
how long the PIIGS will tolerate this sadistic behaviour? The system
by BRICS is almost ready and gives the alternative to the neoliberal
catastrophe. Maybe it's time for PIIGS to join BRICS, but this would
require radical changes in the political scene of the European
periphery. Greece took a step and Spain will probably follow soon.
Why not the rest?
Certainly,
the US deep-state will fiercely fight such a perspective, mostly
because it would mark the Sino-Russian expansion to traditionally
Westernized territories, but also, because it would be received,
mostly by the neocons, as a threat through the Russian geopolitical
expansion. This explains partly the pressure by the US, mostly to the
Germans, to loose the rope around Greece's neck.
Greece
could play the BRICS "card" alone, but it would be much
easier to be done together with the rest of the PIIGS. A coordinated
strategy by the PIIGS will probably force the eurocrats to retreat
and make Europe to change course. Otherwise, there will be no
alternative for PIIGS but to join BRICS!
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