American Woes: Forced Engagement with Russia as Worthless Dollars Persist
One of the reasons the U.S has engaged Russia is that it has made it a mission to wean itself from the dollar. This does not sit well with the U.S, for many other nations could follow in Russia’s footsteps as it is a dominant and influential player in the energy sector. More importantly, Russia is the only nation capable of taking on the U.S and is not afraid of doing so. Putin has often stated that he wants to price Russian resources in multiple currencies and avoid the dollar. He contends that the U.S creates money out of thin air and, in doing so, is defrauding the entire world, and his point is valid.
Must Read: Wall Street Smart Money Buying: Dumb money selling
When Saddam started selling oil in euros, the US attacked Iraq shortly after that; when Libya started to state it wanted to move to sell oil in Euro Qaddafi was taken out. If you look at the reasons behind any war, there is a money trail. We are the ones that have gone out of our way to change so many regimes over the past 40 years, and in each case, we brought misery to the locals. It seems that these regime change wars were driven by profits in money, and the welfare of the locals was the last thing on our minds.
Let’s examine the issue from a psychological perspective
- The US is desperate, and they are doing their best to portray power, but instead, it is coming off as a weakness. But a desperate animal is bound to do even more desperate things
- Now that China and Russia have joined forces, they have become a lethal combination. China has the money and the economy, and Russia has the guns and firepower. Individually, it would be hard for them to take on the US, but combined, they are now in a position to challenge the US, and they are currently doing so.
How will things play out?
Russia has indicated that the U.S will no longer push it, and so has China. Unfortunately for the U.S, its stupid actions went China and Russia into each other’s arms, making them invincible. Hence, expect the number of bilateral deals that bypass the dollar to increase exponentially in the years to come. The dollar will be dethroned, and the masses will finally see the Emperor for what he is; a naked, fat, bald old man with a huge belly, no clothes, bad breath and one that has not taken a shower for months.
The decline will not be as fast as the Gold bugs or hard money experts are opining about; the 1st stage will be slow and controlled, but when the momentum builds up, the change of pace will be stunning. There will be no middle ground; from a crawl, the fall will speed off like a falling star. Then the end game won’t be pleasant, but don’t sit around waiting for that day because you could be gone before it comes. Hence, focus on today, for that is all your control. Yesterday is gone, and tomorrow may never come. There are many opportunities to latch onto while you wait for the dollar’s demise.
Other Articles of Interest
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The next American Disaster is Student Debt (Feb 12)
Central bankers embrace Negative interest rate wars (Feb 10)
Gluttonous colleges fueling higher education bubble (Feb 8)
Netherlands to Ban Gasoline-Powered Cars
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Not sure who wrote this article but it’s very obvious you have no clue what’s going on internationally because this story sounds like Putin wrote it.
Do you travel, we do and we have been to Asia, Europe, South America, and Putin is viewed in a very favorable light there. So unless you have traveled and have contacts in those areas (and we do have contacts also) you can only draw your conclusions from the force fed hype you get from western Media. I will point you to the disasters of Iraq, Afghanistan, Libya, Syria, and a host of others that are all due to our intervention.
Additionally every war for the past 30 years or more was started by the US. China is set to dominate and become the top economy relatively soon and they have lined themselves with Russia. At this point, the US has already lost as it cannot challenge both these nation. In fact, it is scared to even challenge Russia, look how Russia cleaned up the house in Syria, while for 4 years plus all we did was arm terrorists.
I would suggest you get your info form multiple sources and make sure that at least 50% are not from the U.S.
Some suggested reading (Google these titles)
Petro-dollar wars
How Russia is challenging the US dollar
Close economic ties between Russia and China
Etc
If we the US dollar was not the world’s reserve currency we would already be Kaput like Greece. What’s keeping us alive is debt. It took over 100 years for the debt to reach 1 trillion dollars, now we create that much every year. something to think about
Last point compared to many Asian countries the US looks third world when it comes to Health, Education and infrastructure.
Traveling doesn’t make you an expert! Getting correct information does and I can assure you that my knowledge on the subject will be enlightening to even the ignorant
It would be very easy to completely discredit you and your sources… instead I will let the future do that for me. Good Luck with your Propaganda Campaign if nothing else it’s humorous
Travelling, sentiment analysis, trend analysis, etc over 18 years of experience and looking at trends would indicate that we know a little bit about what we are talking. Travelling helps you get an etic perspective as opposed to an emic perspective and that is priceless. We not only travel but we immerse ourselves in the local habitat so as to speak.
If it so easy please go ahead and show me, So far other than making empty statements you have not provided any information. I provided a list of data of where the US has erred. So at the moment it looks like you are the agent of propaganda.
However, I am open and willing to here what you have to say and if it has merit will take that into consideration
Please provide it, instead of just empty words