The world is finding ways to get around the US’s currency and its payment mechanisms. From Brandon Smith at birchgold.com:
Blind faith in the U.S. dollar is perhaps one of the most crippling disabilities economists have in gauging our economic future. Historically speaking, fiat currencies are essentially animals with very short lives, and world reserve currencies are even more prone to an early death. But, for some reason, the notion that the dollar is vulnerable at all to the same fate is deemed ridiculous by the mainstream.
This delusion has also recently bled into parts of the alternative economic movement, with some analysts hoping that the Trump Administration will somehow reverse several decades of central bank sabotage in only four to eight years. However, this thinking requires a person to completely ignore the prevailing trend.
Posted in Business, Collapse, Currencies, Debt, Economics, Economy, Eurasian Axis, Geopolitics, Governments, Money, Politics, Trade
Tagged BIS, China, Dollar, Europe, IMF, Iran, Russia, Sanctions, SWIFT
Is President Trump playing 4-dimensional chess or has he been completely captured by Israel, Saudi Arabia, and his neocon advisors? From Philip Geraldi at unz.com:
The nuclear war doomsday clock maintained on the Bulletin of Atomic Scientists website has advanced to two minutes before midnight, the closest point to possible atomic apocalypse since the end of the Cold War. In 1995 the clock was at fourteen minutes to midnight, but the opportunity to set it back even further was lost as the United States and its European allies took advantage of a weakened Russia to advance NATO into Eastern Europe, setting the stage for a new cold war, which is now underway.
It is difficult to imagine how the United States might avoid a new war in the Middle East given the recent statements that have come out of Washington, and, given that the Russians are also active in the region, a rapid and massive escalation of something that starts out as a minor incident should not be ruled out.
President Donald Trump set the tone when he harangued the United Nations last Tuesday, warning that the United States would go it alone in defense of its perceived interests, with no regard for international bodies that exist to limit armed conflict and punish those who commit war crimes.
Posted in Foreign Policy, Geopolitics, Governments, Military, War
Tagged Iran, Iranian nuclear deal, John Bolton, Middle East, Mike Pompeo, Non-Proliferation Treaty, President Trump, Syria
The world is figuring out workarounds for US insistence that the world play by its rules. From Ted Snider at antiwar.com:
The secret comments that Donald Trump made off the record leaked. He was not sincerely negotiating a compromise: he was bullying his opponent. If any deal was to be made, he boasted, it would be “totally on our terms.” America’s negotiating partner was “working their ass off,” Trump admitted, but “every time we have a problem with a point, I just put up a picture of a Chevrolet Impala.” The Impala is a car that would be affected by U.S. auto tariffs. Imposing auto tariffs would “be the ruination” of that country: “all I have to do is tax their cars, it would be devastating,” Trump said. Trump would only boast off the record about his threat to ruin the country if they dare to negotiate rather than yield because if he says publicly what he threatens privately, it’s going to be so insulting they’re not going to be able to make a deal.”
Trump’s negotiating partner was not Iran. It was not North Korea. It was Canada. Canada! Not America’s enemy, but, historically, one of America’s closest friends. And the negotiations were not over a nuclear weapons program: they were over a free trade agreement. But, even here, the president who boasts that he is a great deal maker had nothing but bullying. No negotiating, no diplomacy: “totally on our terms” or it will be the “ruination” of you.
The US is trying to beat China and Russia on their home court. The US is relying on bullets and bombs as its “persuaders,” while China and Russia are relying on infrastructure development, arms sales, trade, and financing on preferential terms. Guess who’s winning? From Federico Pieraccini at strategic-culture.org:
The operation of the Syrian Arab Army in the province of Idlib represents the last step of the central government of Damascus in the liberation of the country from the scourge of Islamist terrorism. With the defeat of Daesh and the removal of the remaining pockets of resistance, Assad’s soldiers have accomplished an extraordinary task. Meanwhile, the United States continues its illegal presence in Syria, through its support of the SDF in the north of the country for the purposes of sustaining the destabilizing potential of terrorist networks in the region and beyond. In light of this unfavorable situation for the Americans, it is easy to explain the transfer of commanders and high terrorist spheres from Syria and Iraq to Afghanistan, as confirmed by several official Russian, Iranian, Syrian and Iraqi sources.
The logic behind such a move has everything to do with the ongoing process of Eurasian integration. Progress in this regard has been multifaceted in recent months and years. It ranges from the most important event, namely the entry of Pakistan and India into the Shanghai Cooperation Organization (SCO), to other less known events, such as the signing of the Caspian Sea treaty by Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan. The United States is committed to stopping this integration. Staying true to Brzezinski’s grand strategy, based on the concepts of Heartland and Rimland, it has not been difficult for policy makers and advisors of the current US administration to understand the importance of Afghanistan in helping the process of Eurasian integration by fomenting terrorism. Afghanistan plays an important double role as a hinge between both Eurasia and the Middle East and the Persian Gulf. Continue reading
Posted in Economics, Economy, Eurasian Axis, Geopolitics, Governments, Investing, Trade
Tagged Afghanistan, Belt and Road Initiative, China, India, Iran, Pakistan, Russia, Syria, Turkey
Is US military action to stymie Syria and Russia in Idlib, Syria a done deal? From Philip Giraldi at unz.com:
Will a new war be the October Surprise?
It’s official. The Syrian Army assisted by Russian air support is closing in on the last major pocket of terrorists remaining in the country in the province of Idlib near Aleppo. The United States, which has trained and armed some of the trapped gunmen and even as recently as a year ago described the province as “al-Qaeda’s largest safe haven since 9/11,” has perhaps predictably warned Syria off. The White House initially threatened a harsh reaction if the Bashar al-Assad government were to employ any chemical weapons in its final attack, setting the stage for the terrorists themselves to carry out a false flag operation blamed on Damascus that would bring with it a brutal response against the regime and its armed forces by the U.S., Britain and France.
Haven’t we seen this movie before, and asked the same question before the opening credits rolled? From Patrick J. Buchanan at buchanan.org:
Is President Donald Trump about to intervene militarily in the Syrian civil war? For that is what he and his advisers seem to be signaling.
Last week, Trump said of Syrian President Bashar Assad’s campaign to recapture the last stronghold of the rebellion, Idlib province: “If it’s a slaughter, the world is going to get very, very angry. And the United States is going to get very angry, too.”
In a front-page story Monday, “Assad is Planning Chlorine Attack, U.S. Says,” The Wall Street Journal reports that, during a recent meeting, “President Trump threatened to conduct a massive attack against Mr. Assad if he carries out a massacre in Idlib.”
Idlib contains three million civilians and refugees and 70,000 rebels, 10,000 of whom are al-Qaida.
Friday, The Washington Post reported that Trump is changing U.S. policy. America will not be leaving Syria any time soon. Continue reading
If the US opposes the Russian/Syrian, Iranian offensive against Idlib, it will have aligned itself, once again, with al Qaeda. From Finian Cunningham at rt.com:
Trump tweeted his warning to Syria, as well as its allied Russian and Iranian forces, to not launch a military offensive to retake control of the northwest province of Idlib. The area is the last remaining stronghold of illegally armed militant groups in Syria. It’s potentially the endgame to the nearly eight-year war.
Posted in Foreign Policy, Geopolitics, Governments, History, Politics, Uncategorized, War
Tagged al Qaeda, Iran, President Trump, Russia, Syria