The United States is currently waging economic warfare against one tenth of the world’s countries with cumulative population of nearly 2 billion people and combined gross domestic product (GDP) of more than $15 trillion.
These include Russia, Iran, Venezuela, Cuba, Sudan, Zimbabwe, Myanmar, the Democratic Republic of Congo, North Korea and others on which Washington has imposed sanctions over the years, but also countries like China, Pakistan and Turkey which are not under full sanctions but rather targets of other punitive economic measures.
In addition, thousands of individuals from scores of countries are included in the Treasury Department’s list of Specially Designated Nationals who are effectively blocked from the U.S.-dominated global financial system. Many of those designated are either part of or closely linked to their countries’ leadership…
But in recent months it seems that America’s unwavering commitment to fight all of the world’s scourges has brought all those governments and the wealthy individuals who support them to a critical mass, joining forces to create a parallel financial system which would be out of reach of America’s long arm. Should they succeed, the impact on America’s global posture would be transformational.
– From the recent article: The Anti-Dollar Awakening Could Be Ruder and Sooner Than Most Economists Predict
The peak of American empire has already come and gone, a reality not yet widely appreciated due to the continued dominance of the global financial system by the U.S. dollar, still the world’s preeminent reserve currency. U.S. leaders have always used the USD as a weapon, but it’s only in recent years that geopolitical rivals and long-standing allies alike have started to come to an increasingly vocal understanding that the unipolar role played by the U.S. in the world’s centralized financial system is well past its expiration date. Continue reading
The historical changes we are witnessing have never been so evident as in the last few days. The G7 summit highlighted the limits of the Atlantic alliance, while the SCO meeting opens up unprecedented possibilities for Eurasian integration.
At the G7 meeting in Canada in recent days, we witnessed unprecedented clashes between Trump and G7 leaders over the imposition of tariffs on trade. We must now conclude that the event has been relegated to irrelevance, as the G7 has heretofore derived its clout from speaking as one voice. Trump even went further, refusing to sign the final draft of the organization’s joint statement after Canadian prime minister Justin Trudeau lashed out at Trump’s trade decisions. Trump showed how little he cares for his allies, leaving the summit a day early to arrive early for the meeting with Kim Jong-un in Singapore to make preparations for the long-awaited encounter between the two leaders. Continue reading
Chaos reigns in the United States, spreading to its closest allies. The war amongst Western elites is in full swing, manifesting itself from commercial wars to failed diplomacy, empty threats of war, corruption, and announced military withdrawals and attacks.
To sum up the last few weeks of international events, it is worth comparing the direction taken by the multipolar troika of Russia, China and Iran, and the one taken by the fading unipolar order led by the United States, Israel and Saudi Arabia. Continue reading
A new report by the intelligence community projects that the United States will no longer be the world’s only superpower by 2030.
“Global Trends 2030: Alternative Worlds” — prepared by the office of the National Intelligence Council of the Office of the Director of National Intelligence — projects that the “unipolar” world that emerged after the fall of the Soviet Union will not continue. Continue reading