GREY:NEVDQ - Post by User
Comment by
Ahelmilon Feb 20, 2023 8:24pm
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Post# 35295490
RE:We all have a choice
RE:We all have a choice The point of the war, you recall, is “to weaken Russia” (so said DoD Sec’y Lloyd Austin), even to bust it up into little geographic tatters to our country’s advantage — that is, to retain America’s dominance in global affairs, and especially the supremacy of the US dollar in global trade settlements.
The result of the war so far has been the opposite of that objective. US sanctions made Russia stronger by shifting its oil exports to more reliable Asian customers. Kicking Russia out of the SWIFT global payments system prompted the BRIC countries to build their own alternative trade settlement system. Cutting off Russia from trade with Western Civ has stimulated the process of import replacement (i.e., Russia making more of the stuff it used to buy from Europe). Confiscating Russia’s off-shore dollar assets has alerted the rest of the world to dump their dollar assets (especially US Treasury bonds) before they, too, get mugged. Nice going, Victoria Nuland, Tony Blinken, and the rest of the gang at the Foggy Bottom genius factory.