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.