JUN 18, 2014 |
Putin's aide proposes anti-dollar alliance to force US to end Ukraine's civil war
In his article, published by Argumenty Nedeli, Putin's
economic aide and the mastermind behind the Eurasian Economic Union,
argues that Washington is trying to provoke a Russian military
intervention in Ukraine, using the junta in Kiev as bait. If fulfilled,
the plan will give Washington a number of important benefits. Firstly,
it will allow the US to introduce new sanctions against Russia, writing
off Moscow's portfolio of US Treasury bills. More important is that a
new wave of sanctions will create a situation in which Russian companies
won't be able to service their debts to European banks.
According
to Glazyev, the so-called "third phase" of sanctions against Russia
will be a tremendous cost for the European Union. The total estimated
losses will be higher than 1 trillion euros. Such losses will severely
hurt the European economy, making the US the sole "safe haven" in the
world. Harsh sanctions against Russia will also displace Gazprom from
the European energy market, leaving it wide open for the much more
expensive LNG from the US.
Co-opting European countries
in a new arms race and military operations against Russia will increase
American political influence in Europe and will help the US force the
European Union to accept the American version of the Transatlantic Trade
and Investment Partnership, a trade agreement that will basically
transform the EU into a big economic colony of the US. Glazyev believes
that igniting a new war in Europe will only bring benefits for America
and only problems for the European Union. Washington has repeatedly used
global and regional wars for the benefit of the American economy and
now the White House is trying to use the civil war in Ukraine as a
pretext to repeat the old trick.
Glazyev's set of
countermeasures specifically targets the core strength of the US war
machine, i.e. the Fed's printing press. Putin's advisor proposes the
creation of a "broad anti-dollar alliance" of countries willing and able
to drop the dollar from their international trade. Members of the
alliance would also refrain from keeping the currency reserves in
dollar-denominated instruments. Glazyev advocates treating positions in
dollar-denominated instruments like holdings of junk securities and
believes that regulators should require full collateralization of such
holdings. An anti-dollar coalition would be the first step for the
creation of an anti-war coalition that can help stop the US' aggression.
Unsurprisingly,
Sergey Glazyev believes that the main role in the creation of such a
political coalition is to be played by the European business community
because America's attempts to ignite a war in Europe and a cold war
against Russia are threatening the interests of big European business.
Judging by the recent efforts to stop the sanctions against Russia, made
by the German, French, Italian and Austrian business leaders, Putin's
aide is right in his assessment. Somewhat surprisingly for Washington,
the war for Ukraine may soon become the war for Europe's independence
from the US and a war against the dollar.
Bill and Hillary CLINTON raped Russia and there is no way in hell that the Russians are going to allow that to be HI STORY! NO, NO, NO, not by any stretch of an imagination. IT has already been here, in the U.S.A., the RUSSIAN FEDERATION and CHINA too, and America isn't other than what was done to both those countries, and reckoning is now.
ReplyDeleteRaping China and Russia was a very bad ideology hatched via the States of America, Europe, Israel. PAYBACK is the reckoning and not going to be solved til the solution is no more raping via the Axis of Evil America-EU-Israel.
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