de-dollarization

The Weekly Watch

Rebirth

Round and round in the cycle of death and birth
Open Thread Image.jpg

Happy Easter, Passover, and Ramadan! My world is spring green with the season's new leaf crop. Daffodils are largely gone, but the dogwoods are holding their bloom as are the buckeye. I think we are witnessing a major shift in the balance of geopolitical power. I'm hopeful the fall of one empire doesn't lead to another empire, and that perhaps we will mature to a international community of cooperation. I dislike being in a nation which tries to obstruct such a realignment in a last ditch effort to hold sway over the rest of the world, but it is what it is in a country where war is the business model.

“There are decades where nothing happens; and there are weeks where decades happen.”

― Vladimir Ilyich Lenin

America's Mein Kampf — 20 Years Later

The Cooperative Global Strategy to marginalize US influence in the world has been in place since, at least, 2003 — following the criminally spurious US attack on Iraq, which killed more than a million innocent civilians and destabilized the entire Middle East.

Most likely, the Strategy to marginalize the US first came into existence in the late 1990s, after the "Project for a New American Century" Neocon manifesto — America's Mein Kampf — was published. I first became aware of the strategy in 2005, working the FOREX trading desk during the Asian and London markets. It was there that I fully understood the extraordinary privilege that a nation has when its currency is the Reserve Currency for world trade. I saw how that privilege could be used and abused to bully the rest of the world both economically and militarily. (Don't even get me started on what the NSA did to the psyche of the world, which thoroughly ended any future the US might have as a global power.)