The Americans murdered Saddam and Gaddafi for trying to sell oil not in US$

The reason is no country in the past have managed to do trade in oil in other than the US$. Saddam Hussein tried to do in Euro. Gaddafi tried too, and both paid the ultimate price. The USA has a military that will take down any attempts to change the status quo of the US$ hegemony, by hook or by crook as in Iraq, fabricating fake evidence to invade the country.

But when Russia and China decided to work together on this for the past decade or more, they were more than confident in countering the USA military threat together. And the USA just cannot take them out like what they did to Iraq and Libya. Their coming together was a godsend. Together they will be able to make de-dollarisation work with help from members of BRICS.

How would the USA take down Russia or China? They tried using the Europeans as proxy in Europe, by creating the Ukraine War to bring down Russia. But, what is the result? They still have not made Russia collapse. And the Europeans are suffering as a result of their folly. Thankfully, some are waking up, like Germany and Hungary.

The USA is now working on taking out China, using Taiwan as an excuse, creating trade and technology wars and attempting to push China underwater.

There is only one way to cut down the USA to size - take down the US$ hegemony. Then they will not have the monopoly of printing unlimited fiat money to fund their military bases overseas and using their military establishments to protect the US$ hegemony.

Anonymous 

PS. So much pretension for wanting to protect Muslims in Xinjiang. Murdering two major Muslim leaders in cold blood using lame excuses and fabricated lies. The Muslim world must never forget such crimes against them. Also the daily massacres of Palestinians in the concentration camps used to be Palestine, their own country.

Iran Has Developed Hypersonic Weapon

Iran has developed a ballistic missile capable of flying at hypersonic speeds. The news came from Amir Ali Hajizadeh, the commander of the Aerospace Force of the Islamic Revolutionary Guard Corps (IRGC).

The weapon system is designed to destroy enemy anti-missile defenses and can maneuver both inside and outside of the atmosphere, indicating its relatively long range. Hajizadeh stressed that the technology to intercept hypersonic missiles was unlikely to be developed for decades.

Only a handful of nations, such as Russia, China, North Korea and the US, have the advanced technology necessary to build such weapons.

 Anonymous 

Covid shutdowns in China affecting iPhone production...temporarily

Recent covid-19 lockdowns in China forced the world’s biggest iPhone plant to shut down. Thus, Apple has advised phone buyers to expect delays in getting their ordered products.  RT

The Europeans are pulling their hairs trying to convince the big corporations from being over reliance on China, both in manufacturing and consumer market. The Americans are using these to frighten the European corporations, but in vain. The profit minded western corporations, including American corporations, found the Chinese market and China as a manufacturing base indispensable for their growth and revenue. No country today can provide this kind of opportunity. Cheap land, cheap cost in everything, a pro business central govt, efficient supply chain and most of all, the best and most hardworking workers in the world, cheap, skilled and highly educated and highly disciplined.

Foxconn is employing a few hundred thousand workers in China producing iPhones for Apple. Why would Apple want to put all their eggs in one basket? Simple logic, simple business sense. The benefits are worth the little risk of having all their eggs in one basket. Even with all the rhetoric and aggressive anti China policies, the manufacturing of iPhones and all items, including machiney and automobiles, continues unscathed. It is business as usual, no political interference. There is certainty in the policies of the Chinese govt, to protect the businesses and interests of investors, particularly foreign investors.

The western media have been harping about foreign investors running away, pulling out of China, including obsessive and outrageous American behaviours to force corporations to quit China, but foreign investors would not move, keep on piling into China. 

The alternatives are poor options, poor quality workers, instability, bad govt policies, poor infrastructure and supply chains, corruptions etc etc that would cripple foreign investors and end in big losses. Some tried, Apple also tried, to divest away from China, to not be over reliance and dependence on China. But every such move ended up in bigger losses and inefficiency.

The Chinese workers are highly skilled and productive, cooperative and disciplined, the best in the world. Singapore used to be the best in the world, with mainly ethnic Chinese workers until it corrupted its workforce with fake and low productive workers from the third world. Today, there is no pride in Singapore workers, no more bragging rights as the best in the world, only low productivity and inefficiency. The real productive and efficient workers are the Chinese workers in China. The reliance of foreign talents is turning into a big joke, plenty of headcounts but low in productivity. 

Singapore's Chinese workforce are now no talent ex PMETs, despised and sneered by the third world so called talents from dunno where and what universities. What a joke!

Apple is not alone, the big automotive manufacturers, chemicals and pharmaceuticals, are all queuing up to enter China. They know where to find value. Cutting off China, running away from China, anti China rhetoric of not wanting to be dependent on China would lead to one way, the loss way, the lost way.

China is the place to make things happened and to make money, high profits from low cost and efficiency and disciplined workforce. The current glitch as a result of Covid is temporary and short term and production would return to normal soon, very soon. The Chinese govt is determined to stop the Covid at all cost and return to normalcy.

Empire of Lies lying to self destruct

The empire of lies can never stop lying. Lying is in their blood and killing is in their DNA. They can never handle the truth and just have to lie.

How much lying can be seen in the prelude to the Iraq War, with fake evidence concocted about WMD and chemical weapons. After the invasion, not a shred of evidence emerged to support their fabrication. Those that followed them into Iraq, the so called 'Coalition of the Willing', the COWS, realised that they were conned into involvement in the killing of hundreds of thousands of innocent Iraqi women and children. To add insult to injury, Madeleine Albright had the audacity to claim that 'sacrificing 500,000 Iraqi children was worth it'. What a monster of a vicious women!

One must also not forget the lie they fabricated, that Europe must cut off dependence on Russian energy, as it is a threat to the EUs security. The Europeans bought into it lock, stock and barrel, thinking the USA will have the capacity to replace Russian energy by offering them cheap oil and gas. Now, the Europeans are having a taste of what the USA had in mind, replacing Russia and selling them expensive oil and gas. When they say stupidity has no cure, this is a perfect example.

Then they keep lying about Huawei's 5G being a threat to USA's national security and dragged it's doggies to swallow the lie. Until today, not a shred of evidence emerged to support their claim. The real reason was that if allies make use of Huawei's 5G, the USA would lose it's ability to spy on them. Hence those allies were conned and now paying a high price for dismantling all Huawei equipment, and also having to pay Huawei for many patent rights.

They have not stopped lying, many times before, about the health of Putin, saying he had only 6 months to live since early this year. They also lied about Xi being deposed in a coup, and is under house arrest. Putin and Xi just kept their cool, and Russia and China would not even want to respond, and just letting the liars unload their filth, that nobody cares to believe. Was there any truth in those stories after all? This is why not many now believe in the MSM. It is their own doing, crying wolf too many times.

Anonymous 

The Beginning of the End of PetroDollar??

 'The end of world dollar hegemony is coming and hardly anyone in government is taking notice or even understands what this means. Since the Bretton Woods Conference in 1944, the dollar has been the only currency accepted throughout the world for settlement of international trade accounts among nations.'

'As USA gold reserves reached critically low levels, President Richard Nixon took the USA off the gold exchange standard, as the system of central bank redemption was called, in the fall of 1971. It did NOT devalue the dollar to gold, which it could have done, and promise to stop dollar expansion. Instead, the USA simply ended dollar redemption for gold, allowing the USA to create as many fiat dollars as the world market would accept.

It turned out that the world market would accept a lot of US fiat dollars. A major reason was that Saudi Arabia, the world’s largest oil producer, agreed to demand payment in dollars for its oil, thus creating worldwide demand for dollars.'

'This “petrodollar” arrangement is now breaking down, due to the ever-accelerating debasement of the dollar. The cause of the debasement is the unholy alliance of the Federal Reserve, the US central bank, and the US government. The Federal Reserve creates, out of thin air, all the dollars that the government needs to maintain its massive and ever-increasing spending deficit. The monetization of these deficits has led to a loss of dollar purchasing power at an accelerating rate.'

'All this mayhem could only be funded by worldwide acceptance of the fiat dollar. But much of the world has had enough. There are several organizations that are cooperating to develop an alternative to the dollar for the settlement of international trade. The BRICS (Brazil, Russia, India, China and South Africa), the Shanghai Cooperation Organisation (SCO), and the Eurasian Economic Union have formed a working group to develop a commodity based medium of exchange to replace the dollar as the premier means for the settlement of international trade.'

This is where the world is headed, because the USA cannot force sovereign nations to accept the dollar, especially if there is another and better choice. The USA has not lived up to its responsibility to protect the purchasing power of the dollar via controlling its supply. Lord Acton’s warning is as important today as ever—i.e., “Power tends to corrupt, and absolute power corrupts absolutely.”

P.S. The new SCO currency will likely supplant the dollar as the world’s premier reserve currency primarily because it will be backed to a large extent by commodities and it will not be under the control of one sovereign country but a number of sovereign countries, all dedicated to its monetary health in ensuring the free flow of international trade and payments. It will be a loss for the dollar, of course, and for the USA, but frankly, the world will benefit overall.

Link to article: https://mises.org/wire/world-dollar-hegemony-ending-and-may-be-good-thing 

 

 Anonymous