USA and UK are the two countries wanting the Ukraine war to drag on forever. Agreements to end the War had already been reached earlier in the year, but were scuttled by these two warmongers. Angela Merkel just revealed that the Minsk Agreement was just to give Ukraine time to strengthen itself and not to be followed to the letter. Of course this revelation will be denied.
The UK made the wrong move detaching itself from the EU, and now seeing its economy suffering, as businesses moved to Europe or elsewhere. UK's dependence on the EU market took a serious hit with Brexit, and Angla Merkel said in no uncertain terms, while she was still in power, that she will make the UK crawl on broken glass. She is not in power now, but her prophecy is taking shape. By attempting to prolong the war to decimate Europe, Boris Johnson had been thinking that European businesses will shift to the UK. It did not happened and UK businesses are doing the opposite, even when the war rages. And European businesses and industries are making a beeline for China and India in particular.
The USA, of course, had been eyeing the energy market in Europe, and had been fabricating all the gloom and doom scenarios to threaten Europe with security issues, if the Europeans depend totally on Russian energy. Why would Russia want to use energy to blackmail Europe if it still went ahead to build Nordstream 2, against all the sanction and threats from the USA? The USA has now succeeded in taking Europe away from Russian energy, and is now supplying energy to Europe itself and ripping the stupid Europeans off blindly. Now, who is suffering more - Russia or Europe? And who is benefitting more - USA or Europe. Both ways, the Europeans have the wrong end of the stick.
Anonymous
PS. The Americans/AngloSaxons are colonising Europe now that they are no longer able to colonise the countries of the world. What an irony. RB
16 comments:
Good Afternoon Mr RB and All
The UAssA in cahoots with the Brits had planned long long ago for the UK to have BREXIT from EU and then had the Daft Urukians joined NATO to provoke Russia so as to colonise and weaken the equally Daft and Imbecile Europeans.
UK Brexit so as now to be involved Directly in the Instigated War with Russia.
The UK ex PeeAyam Johnson purposely warned that Imbecile Zelenskky NOT to made peace with Russia.
Slowly, dragged on and hopefully both the EU and Russia will collapse.
Then they will turn to China and India if China also kaput.
This is their EVIL agenda as planned long long ago even that Blackie Oyama's watch.
Now Fox News Carlson lambasting Bidamn seen in a picture eating Ice Cream and not that Clinton playing with cigars into the Black Hole and asked why they said two quarters of negative growth GDP and they declared that they had created a Million Jobs these two quarters?
They are only good for formulating LIES and LIES and statistics always LIE!
The Americans want to continue with their world domination and hegemony. And they want to do this by suppressing and oppressing other countries, to keep them down by force if necessary. War and instability are their chosen weapons.
China seeks to be respected as a world power by helping others to be richer and better, improving trade through infrastructure building.
'Swiftly drifting away...'
'After the February 2022 Special Military Operation launched by Moscow in Ukraine and NATO has devolved into, for all practical purposes, war against Russia, we have stepped beyond Hybrid War territory and are deep into Total Financial War.
The whole Global South absorbed the “lesson” of the collective (institutional) west freezing, as in stealing, the foreign reserves of a G20 member, on top of it a nuclear superpower. If that happened to Russia, it could happen to anyone. There are no “rules” anymore.
Russia since 2014 has been improving its SPFS payment system, in parallel with China’s CIPS, both bypassing the western-led SWIFT banking messaging system, and increasingly used by Central Banks across Central Asia, Iran and India. All across Eurasia, more people are ditching Visa and Mastercard and using UnionPay and/or Mir cards, not to mention Alipay and WeChat Pay, both extremely popular across Southeast Asia.
Of course the petrodollar – and the US dollar, still representing under 60 percent of global foreign exchange reserves – will not ride into oblivion overnight. Xi of Arabia is just the latest chapter in a seismic shift now driven by a select group in the Global South, and not by the former “hyperpower.”
Trading in their own currencies and a new, global alternative currency is right at the top of the priorities of that long list of nations – from South America to Northern Africa and West Asia – eager to join BRICS+ or the SCO, and in quite a few cases, both.
The stakes could not be higher. And it’s all about subjugation or exercising full sovereignty. So let’s leave the last essential words to the foremost diplomat of our troubled times, Russia’s Sergey Lavrov, at the international interparty conference Eurasian Choice as a Basis for Strengthening Sovereignty:
“The main reason for today’s growing tensions is the stubborn striving of the collective West to maintain a historically diminishing domination in the international arena by any means it can… It is impossible to impede the strengthening of the independent centers of economic growth, financial might and political influence.
Link to article:
http://thesaker.is/xi-of-arabia-and-the-petroyuan-drive/
That 60% of world still use the US$ is just a temporary hype of it's importance, but it's usage is falling. This is because countries right now still have to do trade in US$, particularly in the oil trade, and have to hold US$ for that purpose. But when BRICS does come up with another alternative global reserve currency, that percentage accruing to the usage of US$ is going to fall like a brick.
Even now, the fall in usage of the US$ may be subtle, but nothing is going to be subtle when an alternative is found.
As it is, 18% of China's trade is conducted using the Yuan. That may be a small percentage, but in the context of China's enormous trade volume, it is not an amount to sniff at.
The other important point is the dumping of US treasuries over the last couple of months. China and Japan together have dumped as much as US$400 billion of US treasuries, and other other smaller countries are also doing it. The only country buying in is the UK.
China is the top trading partners of more than 120 countries. These countries would find using Yuan to trade with China more economical and meaningful and would eventually switch to using Yuan.
With China producing all the goods and products they need, they is no need to buy more expensive products from the Americans. Thus no need to use US dollars.
The process has started and usage of Yuan and dollar will see the Yuan going up and dollar going down. This is a natural trading process. There is no need for coercion or for the Americans to coerce others to use the dollar when they have no need to.
Many are perhaps less aware that the US banks are also benefitting from the buying and selling of US$ that countries have to engage in, with the difference between the buying and selling rates, I think they call it the 'buy-sell spread' if I am not mistaken.
For small transactions, the loss on exchange may be small, but for big transactions where tens of millions are involved especially in the oil trade, the loss of exchange could be substantial.
Time to get rid of this silly arrangement that only benefits the USA.
The Americans are selling their toilet papers for the value printed on it. Can you believe that? The Americans do not need to work by just doing this, quietly. And they have benefited from this scam for so long.
Unfortunately they let the cat out of the bag. They have a fool of the rest of the world. All became suckers. And they got so arrogance to use the dollar as a weapon to coerce the rest of the world!
Now the rest of the world is hitting back. No way they are going to continue with this silly scam and still got bullied and threatened. Enough is enough. To hell with the useless toilet papers. It must be replaced.
There is no turning back. When the people of the world felt cheated, it is game over.
The best part of the whole thing is that China is recycling those toilet papers it collected from the trade surplus, and using them to fund the development of the BRI and provide funds to poor countries for infrastructure building. China now does not have to continue to buy US treasuries or assets in USA and other Western countries with those excess US$ it got paid in exchange for its products. That is what is making the USA nervous as China is now able to kill two birds with one stone.
On the one hand China is aware that holding too much US denominated assets, such as treasury bills, is extremely dangerous. During the period when the USA was vehemently accusing China as the source of the COVID19 pandemic, some gangsters in the US establishment even threaten China for compensation, in the trillions, or else they will seize China's more than a trillion held in US treasuries. That threat and veiled intention cannot be ignored by China. After what actually happened with Russia, Venezuela and Afghanistan, China is not foolish enough to continue to increase its exposure by increasing its asset buying in the USA and the West and a new form of investment had to be found.
Thankfully, China had found a perfect and very safe way to invest all the surplus US$ all over the world, with China spearheading the BRI and providing the funds for infrastructure projects on behalf of third parties, to be built by China but belonging to other countries, which the USA cannot possibly seize in times of conflict. How does the USA expect to seize bridges, railways, airports, ports and dams even if they want to do so, and totally against international law.
Hi All
Don't think that the exchange comm for the Americunts are small beers.
If not why so many Money Changers in so many countless had these types of businesses.
Akso their damned Swift Exportation where they charges a fee for any payments and transfers are also not small amounts.
If we buy online from EU or anywhere by the international Websites for expensive goods have to pay mostly by UAss$ and the difference of our currency to them is quite substantial.
So these extorters implementing these systems collects extortion monies daily.
Akso hell of troublesome just to transfer or made payments have to get the Banks Swift's codes and then can do the transactions.
Also, the transfers are also not immediate. Many scammers using this method can cheat many sellers of goods.
Conmen can have a false account and just no payments made for their purchases for those on direct sales.
Especially their BOA i.e. Bank of America where buyers will con the sellers that it takes a day or two to effect their transfers of payments to you.
Unless you smart smart con back the other party that see monies in then send goods.
Cheers
Swift Extortations lah
Actually, Europe is moving away from fossil fuels, and towards renewables and nuclear energy for a long time.
@Exxxon - yes,think it will be difficult for the Americuns to colony the Europe.
Hi Exxon BP and Chuan Teck, welcome to the blog.
https://www.channelnewsasia.com/world/ukraine-zelenskyy-biden-washington-congress-russia-war-anaysts-3162721
UAssA Zelenskky's visit to United Scoundrols shown US supports for the Urukians War against Russia.
Just simply said that the Scoundrols are using the daft Urukians as proxy to fight Russia lah.
Another article UAssA supports the war for the long haul and supports Urukiane.
Russia is too soft to deal with the Zelenskky.
Just simply carpet bombs them for the next forty eight hours just like the Evil Americunts does and see whether they surrendered or NOT!
Now then wanted to knock down their amenities?
Should have do it at the start of the War and see whether they can last so long.
Still have a soft spot for your kind blue eyes and blond hair?
Yes heart of lady
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