A specter is haunting Washington, an unnerving vision of a Sino-Russian alliance wedded to an expansive symbiosis of trade and commerce across much of the Eurasian land mass – at the expense of the United States.
And no wonder Washington is anxious. That alliance is already a done deal in a variety of ways: through the BRICS group of emerging powers (Brazil, Russia, India, China, and South Africa); at the Shanghai Cooperation Organization, the Asian counterweight to the North Atlantic Treaty Organization; inside the Group of 20; and via the 120-member-nation Non-Aligned Movement (NAM).
Trade and commerce are just part of the future bargain. Synergies in the development of new military technologies beckon as well. After Russia’s Star Wars-style, ultra-sophisticated S-500 air defense anti-missile system comes online in 2018, Beijing is sure to want a version of it. Meanwhile, Russia is about to sell dozens of state-of-the-art Sukhoi Su-35 jet fighters to the Chinese as Beijing and Moscow move to seal an aviation-industrial partnership. Continue reading
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Putin is acting on his threats
For the past five years, we have warned that Vladimir Putin intended to remove the dollar as the world’s reserve currency. He understands what the Chinese have shared (from a February 2011 article in Quishi, the official Journal of the Central Committee of the Chinese Communist Party):
The fact that the U.S. dollar is the world’s reserve currency makes the U.S. a financial superpower . . .Therefore, for China to challenge the position of the U.S. dollar, it needs to take a path of internationalization and directly confront the U.S. dollar.
Putin has been scheming to get China and others to join him in unseating the dollar, thus ending perhaps America’s greatest strategic advantage as a superpower. Everything else is somewhat of a subterfuge. This is the real focus. The amazing thing is how little attention has been given to this truly systemic threat. Take a look at this Blog post as a reminder:
Putin’s Direct Threat: We Are Ready to Crash the Dollar (from Voice of Russia) Continue reading