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.“
If Macron keeps talking like that, I can feel an “Arab Spring” being forced on France.
“March 31, it was reported that France became the first European country in the West to sign a trade agreement allowing payment in yuan instead of dollars or euros. The state-owned company Total, the world’s second-largest LNG giant, was the first to carry the flag of de-dollarization, signing the first LNG purchase agreement with a Chinese state-owned oil company to pay in yuan, while the gas was imported from the United Arab Emirates. This new landscape in global energy markets and international reserve asset space now suggests that the role of the U.S. dollar is being weakened or shared, especially as landmarks of de-dollarization by several major Middle Eastern oil-producing countries, represented by Saudi Arabia, Iran and others, continue to emerge and be exploited. The European Central Bank, Switzerland, Japan, the United Kingdom, Sweden, and the Bank for International Settlements have formed a digital currency development group to bypass the centrality of the dollar. The SHTA trade facility being developed in Switzerland to help the Iranian central bank settle cross-border has also carried out a number of international transactions that bypass the dollar settlement. Switzerland has officially started the process of building a yuan hub, replacing some of its dollar reserves with yuan by selling off dollars in the international reserve space.”
I take the same position as the “view of the highly respected French anthropologist, Emmanuel Todd.”
” We are now one errant missile away from World War III. Some go so far as to argue that World War III has already begun.” De-Dollarization. A discussion at the Valdai Club in Rome.
We have never been in a more dangerous position that we are today, the Cuban Missile Crisis notwithstanding. During the Cuban Missile Crisis all of the parties were at least sane. I would question that today looking at the pathology existing on Capitol Hill.
The USA is broke, and the end of US dollar hegemony is clearly underway. Imagine, a nuclear armed bankrupt whose normal reaction to a ‘problem’ is to bomb it!!!!!
All declining empires in history lash out at their victims and take their vassal states down with them, tragically this declining empire is nuclear armed and controlled by the sociopaths of the Military Industrial Congressional Complex.
We are witnessing the end of an era, or should I say the end of an error?
It’s hard for me to not see this leading to an armed conflict between the collapsing “Empire of Chaos and the new Russia/China led axis! The Empire of Chaos phrase is attributed to the wonderful geo-political analyst Pepe Escobar.
“The third and the final stage on the new economic order transition will involve a creation of a new digital payment currency founded through an international agreement based on principles of transparency, fairness, goodwill and efficiency.”
“I expect that the model of such a monetary unit that we developed will play its role at this stage. A currency like this can be issued by a pool of currency reserves of BRICS [Brazil, Russia, India and China] countries, which all interested countries will be able to join”.
Pepe Escobar: On the Dawn of a New Global Financial System
“To be an enemy of America can be dangerous, but to be a friend is fatal.” ~ #HenryKissinger
Ben Norton’s courageous work can be found at Geopolitical Economy Dot Com
German foreign minister: ‘We are fighting a war against Russia’
“We are fighting a war against Russia”, Germany’s Foreign Minister Annalena Baerbock told the Council of Europe. “We can fight this war only together” she said, calling to send tanks and more weapons to Ukraine.”
If the German Foreign Minister thinks their country is at war with Russia, why wouldn’t we?
I’ve previously covered on this blog the environmental implications of all this warmongering:
““U.S. Military World’s Largest Polluter – Hundreds Of Bases Gravely Contaminated
Producing more hazardous waste than the five largest U.S. chemical companies combined, the U.S. Department of Defense has left its toxic legacy throughout the world in the form of depleted uranium, oil, jet fuel, pesticides, defoliants like Agent Orange and lead, among other pollutants.”
“One of the most recent testaments to the U.S. military’s horrendous environmental record is Iraq.”
“U.S. military action there has resulted in the desertification of 90 percent of Iraqi territory, crippling the country’s agricultural industry and forcing it to import more than 80 percent of its food. The U.S.’ use of depleted uranium in Iraq during the Gulf War also caused a massive environmental burden for Iraqis. In addition, the U.S. military’s policy of using open-air burn pits to dispose of waste from the 2003 invasion has caused a surge in cancer among U.S. servicemen and Iraqi civilians alike.”
Militarism’s Role in the Sixth and Possibly Last ‘Great’ Extinction
What happened the last time a major oil producing nation decided to walk away from the Greenback?
“Before the fall of Tripoli and his untimely demise, Gaddafi was trying to introduce a single African currency linked to gold. Following in the foot steps of the late great pioneer Marcus Garvey who first coined the term ”United States of Africa”. Gaddafi wanted to introduce and only trade in the African gold Dinar – a move which would have thrown the world economy into chaos.”
Libya: Ten Things About Gaddafi They Don’t Want You to Know
The Empire of Chaos demonised Colonel Gaddafi because he was the greatest Pan-African in history imho. He was murdered because he was creating a unified African Union. The colonial powers run by their corporations would have none of it, so they had him murdered, much to the delight of the monster Hillary Clinton. His legacy in Africa will outlive the Greenback.
“Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.” ― Sun Tzu, The Art of War:
I'm an anti-imperialist, environmental activist and blue ocean sailor, who is passionate about the earth and all it's inhabitants without favour. Brace for imminent impact as we bare witness to the non-linear unraveling of the biosphere and habitability disappearing for most if not all complex life on the only habitable planet we know of. To quote President Niinistö in North Russia: ‘If We Lose the Arctic, We Lose the World’. Folks we have lost the Arctic.
Kevin Hester 
Holy Fuck.
Breaking: Iran Launches Ballistic Missiles and Drones at Israel
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sealintheSelkirks
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What the hell is this? How did that website show up??? I did NOT do that from yountube.
Trying again:
Breaking: Iran Launches Ballistic Missiles and Drones at Israel
https://www.youtube.com/watch?v=fQD7GAV00b4
sealintheSelkirks
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THE WORLD HOLDS ITS BREATH – MOATS with George Galloway Ep 334 (youtube.com)
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The latest from Ben Norton!
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Patrick Lawrence: Late-Imperial Duplicities
There is nothing new about lying to Americans to get the empire’s business done.
https://consortiumnews.com/2024/03/28/patrick-lawrence-late-imperial-duplicities/
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I have no idea how many wars the US is involved in at this point. And there is no real count of how many US troops (including CIA. Black Ops assassins etc etc) are in how many countries at this point. Many tentacles stretch out from the imperial octopus…
sealintheSelkirks
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Israel burns American tax dollars in the sky (youtube.com)
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Ukraine; The End of Western Hegemony?
https://geopoliticaleconomy.com/2024/04/24/ukraine-loses-war-end-western-hegemony-boris-johnson/
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The colonialists are really having a hard time with this, ya know? They don’t want no stinking peace…to infringe on their wealth and privilege.
Notice they there is no mention about the 7 years that the neo-Fascist shelled the pro-Russian civilians in the breakaway republics after the US supported the neo-Fascist coup of the elected president in 2014? Not a word about the artillery shells dropped on stores, parks, marketplaces, schools, and in random attacks that landed in the middle of streets?
Funny how that is, eh?
And now many US college kids are protesting over the Gaza Genocide and, like what happened in the 60s & 70s about Viet Nam, they are being attacked by brutal cops. Pretty soon I expect to see another Birmingham and Kent State… It’s what rulers do.
The wealthy rulers would rather burn down the entire fricking world than let go of their power and wealth. Psychopaths always seem to be in control (because a sane person wouldn’t WANT to control others!!). A major failing of our species and one that will probably end the species eventually.
The ‘sanctions on Russia’ map tells the story, doesn’t it? It ought to show the rest of the ‘sanctions’ the US has spread across the world because, after all, sanctions are just a polite term for warring on others that won’t do what you tell them to.
Ain’t freedumb grand?
sealintheSelkirks
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Another wonderful collaboration from Danny and Mark, who always has a nuanced analysis of what’s unfolding on the battle front and behind the scenes.
Having Mark on the ground in Moscow gives us unique insights.
There are ‘Polar’ shifts underway on the geopolitical front with the expanding BRICs alliance becoming more relevant by the day.
This loss of Hegemony represents an existential risk to what Pepe Escobar call “The Empire of Chaos”.
The French sending troops to Odessa will be seen as another breach of the non-expansion commitments given to Gorbachev in 1991 by NATO!
The North Atlantic Terrorist Organization has incinerated any trust they had with both Russia and China, hence Russia fighting a war of attrition that has seriously depleted NATO’s military reserves before the full-on kinetic war between the alliance and Russia.
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From official gov sources so take this with a spoonful of salt:
Looks like more finger pointing at Russia for ‘disrupting’ GPS but I noticed they didn’t say a freaking thing about how doing that would trash Russia’s missile guidance systems and their own planes in the air. I’m assuming that everything in the air runs on satellite GPS would be affected, yes?
So what is actually causing GPS to go down? With so many military commands, who the hell knows?
Lithuania’s FM: Russian GPS jamming of commercial flights ‘too dangerous to ignore’
https://www.yahoo.com/news/lithuania-fm-russian-gps-jamming-140340278.html
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sealintheSelkirks
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Prof. Jeffrey Sachs: “We are on a path to WWIII” (youtube.com)
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And it’s not enough that we’ve got the current madmen in control, but the TV ‘News’ most aligned with the so-called ‘Democrats’ neoliberal war mongering brings on a genuine war criminal for her wonderful political insights into just how stupid the college protesters are because “they don’t know history!” That infamous smug smirk plastered on her face says a lot doesn’t it? As does her take on another war criminal Madeline Albright over not having her name put on a building.
So they don’t interview the person that probably would have beaten Trump in the 2016 election, Bernie Sanders the Jewish guy, who is now screaming mad about the genocide going on in Palestine while supporting the college protesters.
Instead the neoliberal network decided to put that corrupt right-wing neoliberal (OF COURSE THEY DID) who literally CHEATED Sanders out of the Dem primary spot, that could have possibly lost to Trump in 2016, and promptly did of course!
All after she had become Hillary ‘The Butcher of Libya’ Clinton as Sec of State under right-wing neoliberal President Obama. She’s always been a warmonger going right back to the 1960s when she was a ‘Goldwater Girl’ supporting that right winger’s presidential run…
‘Propaganda is not education’: Hillary Clinton on combating misinformation in schools and online
https://www.youtube.com/watch?v=xHjUbLFQssQ
She is a HUGE purveyor of misinformation, outright lies, and serious propaganda, I tend to discount whatever it is she’s pushing. Excepting of course the leaked recording of her $225,000 twenty-minute speech to the Wall Street bankers about how “nothing was going to change if she was elected.” THAT I did believe!
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I may have put this link on another thread, but maybe not. Since Russia supposedly has a thousand missiles ready to launch immediately and 700 of them are rated at 800kt, this link describes rather graphically the ensuing result.
What I don’t know is if these are MIRVs or ‘just’ single warhead missiles. It doesn’t say though, according to other articles I’ve read, the USA had eight or ten on each especially the submarine-based missiles like the Tridents, so every one of those little missiles can take out its own city or large town, military base, railroad yard, hydroelectric dam, etc etc. I don’t remember what the individual warheads were but I do remember that each of them are far more destructive than the tiny little atom bomb firecrackers laid onto Hiroshima and Nagasaki. Does anyone even make those anymore, or have all of them been shifted to thermo-nuclear hydrogen now?
I’m assuming that Russia is at least par with the USA on that though there is recent evidence that their missile tech has gone beyond with those new hypersonic etc etc).
Effects of an 800-Kiloton Nuclear Warhead Detonated above Midtown Manhattan
https://nuclearfamine.org/nuclear-weapons-explained/physics/
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sealintheSelkirks
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