I’m really having trouble keeping up with what I posted where at the moment. Not so long ago The Daily Stirrer posted an article on how the west had much more to lose in an economic war with Russia. While the rent boy President, Barack Obama huffed and puffed and drew red lines (with a crayon) Putin grinned, flicked V signs westwards and sang “Who’s got all the gas, who’s got all the gas …
And no wonder, things are progressing very quickly. The American economy depends on the ‘petrodollar’, while the US dollar is the global reserve currency in which nations conduct cross border business, the US can dictate what price it will pay for commodities. But once other nations abandon the dollar, the fundamental weakneses of the US economy are exposed.
I warned of this a long time ago: how Saddam May yet Win The War
We are a lot further down the line now and I can see how true my predictions were: USA, Russia, Economic War Over Ukraine – an explainer which shows how Russia need not fear western economic sanctions if they are not supported by China, India and the Islamic world.
It does not end there however. We also reported on Putin’s plan, hatched with his Chinese allies, to ditch the dollar as reserve currency:
And now our always reliable friends at Zero Hedge are on the case too: