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David E Lewis's avatar

"Chaos-monkeys" reminds me of Suskind's quip about Bush's (W) team and their disdain for the "reality based community." I think of that reality based community (of which I'm a part) as those who prefer to conceive of the human race as a going concern.

Within that frame, this morning I discovered that Brazil had, earlier this year, adopted an Economic Reciprocity Law: https://sanctionsnews.bakermckenzie.com/brazilian-economic-reciprocity-law-is-published-to-safeguard-brazilian-interests-against-unilateral-measures-adopted-by-other-countries-or-economic-blocs/

"The Law authorizes the Executive Branch in coordination with the private sector “to adopt countermeasures in the form of restrictions on imports of goods and services or measures to suspend trade concessions, investments, and obligations relating to intellectual property rights, and measures to suspend other obligations provided for in any of the country’s trade agreements”.

Intellectual property rights are our FDI of previous decades. Don't nationalize an oil field, steal intellectual property.

Lula has stated a few hours ago Brazil will respond with "reciprocity".

The chief chaos-monkey may have given BRICS an opening to attack where it will hurt.

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S.R. Lawton's avatar

Looks like chaos from here, but inside this regime is the behavioral logic of organized crime.

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