Surviving Capitalism (Not) : Eurasian Union can find the way to get rid of the Dollar

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Friday, March 17, 2017

Eurasian Union can find the way to get rid of the Dollar

Click here to access article by F. William Engdahl from Katehon (Russia).

I don't like to post articles like this that don't really identify the source of comments made by a reputed author. However in this case I believe the comments are very likely those of Engdahl.

The most optimistic development on the world stage that I have seen in decades is what's coming out of Eurasia especially out of China and the Eurasian Economic Union, led by Russia and other countries, that is to build a grid.

... to build a network crisscrossing all of the land space of Eurasia of high-speed rail infrastructure, of deep water ports that make it virtually impossible for The North Atlantic Treaty Organization or for United States Navy to control choke points like the Malacca Straits for the oil deliveries to China and elsewhere. And with them, to create what I think is going emerge as a new alternative to the dollar as world reserve currency.

By the way, keep in mind that dollar as world reserve is one of the fundamental pillars of American hegemony worldwide since World War Two. The other being the US military as the largest military power on Earth.