As World War Three progresses with the proxy war in Ukraine grinding the nation and its war weary people into dust, we need to pay close attention to the second front. The systematic demolition of US Dollar Hegemony.
Part one of this series is embedded here: World War Three Chronicles, Part1
We are witnessing epochal changes in the global economy with the independent states, centred around the BRIC’s nations, now trading oil in their own currencies.
This development represents an existential threat not ‘just’ for US Dollar hegemony but for US military and industrial hegemony in what has rapidly become a multi-polar world.
China and to a lesser extent Russia are masters of “Soft Power”. The controlled demolition of US dollar hegemony is clearly underway.
Let’s take a field trip to the frontlines. Batton down the hatches, it’s going to be one hell of a transition, let’s hope we survive it! I would rate our chances as slim because of the mendacity existing in the USA and the impossibility of it meeting it’s debt obligations once the Greenback is no longer the worlds reserve currency.
“Brian Berletic and Danny Haiphong discuss the HUGE implications of Saudi Arabia taking steps to join China in forging peace in the Middle East.”
“The BRICS collective, comprising Brazil, Russia, India, China and South Africa, is working on a common currency in an attempt to ditch the US dollar and push back against America’s dominance. The move comes as Moscow and Beijing call for de-dollarisation in the face of Western sanctions”.
Dumping the Dollar: Will a new BRICS currency replace the US currency for trade?
“As the United States combats a recent flood of countries ‘de-dollarizing‘ – trading commodities in other currencies, the last thing that was needed was French President Emanuel Macron amplifying this message.“
…click on the above link to read the rest…