From expose-news.com
“On the Unchartered Territory Podcast, Dan Astin-Gregory and Sam X discussed globalisation, deglobalisation, centralisation, decentralisation and localisation.”
“….the term “BRICS” was coined a couple of decades ago by Jim O’Neill who was the Chief Economist at Goldman Sachs”.
They talked about a move away from the dominance of America, Sam said, “They even painted in investment vehicles around this very name and the idea potential for BRICS currency … The theory being that [ ] what these inside bankers were looking at was that the empiristic nature of the American Empire was becoming too obvious.”
To commemorate the 150th anniversary of Goldman Sachs’ founding in 1869, the company published a series of articles. One of the articles titled ‘With GS Research Report, “BRICs” Are Born’ stated:
In 2001, Goldman Sachs’ Global Investment Research Division publishes the report, “Build Better Global Economic BRICs,” coining the acronym for the four countries that would reshape the world economy – Brazil, Russia, India and China.
Other BRICs-oriented research would follow from Goldman Sachs in the ensuing years, including 2003’s paper, “Dreaming with BRICs: The Path to 2050,” which posited that the BRICs countries could overtake the largest Western economies by the year 2039.”
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Ice Age Farmer