Tag Archives: de-dollarisation

De-dollarisation: Russia and Saudi Arabia Continue to Ditch the Dollar

De-dollarisation is something I have been writing about for a long time. Two recent events are another nail in the coffin for the dollar, and by extension, US hegemony.

The first event was Russia’s main stock exchange halting the dollar and euro trades. The second is Saudi Arabia not renewing the Petrodollar Agreement. Let’s delve into this a bit more.

De-dollarisation, the process of reducing reliance on the US dollar in international trade and finance, can have significant implications for the US economy and global financial stability. Two recent events underscore this trend and offer insight into the potential future of the US dollar and its influence on global markets.… Click here to continue reading this article

Dedollarisation is Really Happening Now.

I’ve written about Dedollarisation a few times in the past. A lot of people thought it nonsense and imagined the US dollar couldn’t be reduced in influence.

I wrote this article in 2015: Two for the Price of One: De-dollarise and Reduce American Hegemony. I correctly predicted that the US would have to be carefully handled during dedollarisation and it would go down kicking, screaming and lashing out and quite likely start a war while it was doing so. I was correct in that and the conflict the US ignited in Ukraine is testimony to that.… Click here to continue reading this article

The Global De-dollarization and the US Policies

This article first appeared at Journalneo.org.

In its quest for world domination, which the White House has been pursuing for more than a century, it relied on two primary tools: the US dollar and military might. In order to prevent Washington from establishing complete global hegemony, certain countries have recently been revising their positions towards these two elements by developing alternative military alliances and by breaking with their dependence on the US dollar.

Until the mid-twentieth century, the gold standard was the dominant monetary system, based on a fixed quantity of gold reserves stocked in national banks, which limited lending.… Click here to continue reading this article

Oil: The US is in for a Bumpy Ride.

You are right to think that the US is in for a bumpy ride, it is, and for the reasons I and others have been going on about for more than a decade.

The core issue that connects all the significant actors, in different ways, is energy – its supply and its cost.

Right now US tight hydrocarbon firms are pumping for all their worth in order to generate cash flow to enable them to pay their loans. They are stuck. They simply can not reduce output by one iota, they have no choice but to pump and pump no matter how much money they lose.… Click here to continue reading this article

Two for the Price of One: De-dollarise and Reduce American Hegemony.

Two for the Price of One: De-dollarise and Reduce American Hegemony.

As America’s influence in the world slowly declines, the de-dollarisation that goes along with it will benefit Russia and the rest of the world.

Russia has made no secret of the fact that it would like to see the rouble more widely used, and a reduction in the use of US dollars.

Putin and Medvedev have many times referred to a desire to see the rouble as a reserve currency. In order for this to become more of a reality, Moscow needs to continue its development as a regional financial hub.… Click here to continue reading this article

Why the US Economy is Finished. The Managed Decline of the USA by Russia & China.

The United States is the greatest threat to world peace. This is because it is lashing out because its economy is collapsing.

Lets think about this.

America is slowly collapsing. Their economy is a ponzi scheme, propped up by world use of the dollar. However, Russia, Iran, China and some other BRICS countries are leading a long overdue de-dollarisation of the world.

A strong economy needs to manufacture stuff and export.

In Europe, what do we actually buy that is made in America?

Something that most Americans don’t get is just how little we see of American products.… Click here to continue reading this article