Putin Advisor Proposes "Anti-Dollar Alliance" To Halt US Aggression Abroad

I suppose that this doesn't really come as a surprise. I mean, people have been predicting this for years now; it just needed a catalyst.

link

Putin's advisor proposes the creation of a "broad anti-dollar alliance" of countries willing and able to drop the dollar from their international trade. Members of the alliance would also refrain from keeping the currency reserves in dollar-denominated instruments. Glazyev advocates treating positions in dollar-denominated instruments like holdings of junk securities and believes that regulators should require full collateralization of such holdings.

I really feel like everybody is just looking at the writing on the wall, seeing the economic problems that are starting to appear yet again, and we're all gearing up for war. War can be very profitable if you cut the benefits the right way.

Sometimes I wonder if the conspiracy to destroy the US economy from the inside is true. When you think of the aggressive actions of the US government and in the same breath look at the spending machine driving us further in debt. Its as if an experiment was tested on Russia years ago to prepare for the perfect storm in the US. Once completed, this grand New World Order can take foot....promising never to again have such brutal empires the like the world has seen since the fall of the US empire.

Where have I heard that before??? Germany...England, Rome. It's like 3 card monty up in this piece. *sheesh*

Weve been saying for over 2 years now that not only is the dollar declining, but that countries across the world are figuring ways to get out of the dollar........

People wouldnt listen "oh that wont happen" "the world cant survive w out the dollar" etc etc.....

Yes they can, there are plenty of other currencies worth more than the US dollar.....

Like you said, the writing has been on the wall , and it has for a while........

Too many of my fellow countrymen live in a fairy-tale land where they think nothing can happen to the US to bring her to her knees....

Along with our horrible foreign policy and many other factors, its plenty of ammunition for other countries to start reconsidering dealing with our currency......

Im not a doom porn kind of person, but all those preppers might not look so crazy in a few years......not because of some great take over or anything like that.......but economic collapse can yield the same results......

our spending, combined with our debt to other countries, our dependency on foreign energy........

If our dollar were to collapse, and we were basically neutered in being able to trade with other countries in our currency would spell disaster......

Many of us have been warning about things like this for so long now........ignore at your own peril

Ferengi Rules of Acquisition...

#34 War is good for business
#35 Peace is good for business

We don't have to worry about any country undermining our dollar, it does not need help flopping on it's face, we are taking care of it ourselves.

a reply to: AnIntellectualRedneck

This proves that

* Bolsheviks really don't know how business works.
* Chinese, not Russians, are going to win.



Here's a hint. When Venezuela's idiologues (I mean that, not ideologues) make it difficult for their countrymen to hold dollars, does that make it

a) less likely
b) more likely

they will feel a need to buy dollars.

Supposedly Sadaam was trying this before he got invaded- but we cant go to war against Russia so who knows how this will turn out.

You fogot an important quote of that article (many people just don't bother to read it all).

According to Glazyev, the so-called "third phase" of sanctions against Russia will be a tremendous cost for the European Union. The total estimated losses will be higher than 1 trillion euros. Such losses will severely hurt the European economy, making the US the sole "safe haven" in the world. Harsh sanctions against Russia will also displace Gazprom from the European energy market, leaving it wide open for the much more expensive LNG from the US.
An anti-dollar coalition would be the first step for the creation of an anti-war coalition that can help stop the US' aggression.

Unsurprisingly, Sergey Glazyev believes that the main role in the creation of such a political coalition is to be played by the European business community because America's attempts to ignite a war in Europe and a cold war against Russia are threatening the interests of big European business. Judging by the recent efforts to stop the sanctions against Russia, made by the German, French, Italian and Austrian business leaders, Putin's aide is right in his assessment. Somewhat surprisingly for Washington, the war for Ukraine may soon become the war for Europe's independence from the US and a war against the dollar.

So it's interesting to see how Europe is taking this bait, until now at least Europe doesn't see anything that can hurt them and really believe the US got the best interest for the EU at heart. Really Europe political figures have no clue about world affairs... they just care about having a nice job and saying what's popular basicly.