Tag Archives: geopolitics

Dedollarisation and Reducing Dollar Hegemony Following the Russian Military Operation in Ukraine

We’ve been writing about dedollarisation here for some time.

Russia and much of the world have been seeking to dedollarise for a while. In the wake of the Russian military operation in Ukraine, one of the outcomes of countersanctions by Russia against the US and the rest of the west is them being forced to use the Russian Rouble to buy oil and gas.

This does something Russia has wanted to do for a while: reduce US dollar hegemony.

When it comes to what we often call dollar hegemony one can get all technical (and often wrong) or we can make things much more simple.… Click here to continue reading this article

Corbyn’s scorn for working-class patriots gets its deserts

This article first appeared in the Sunday Times. 

George Orwell told us why anti-English leftists are out-of-touch losers.

There was a certain pleasure to be had in flicking from channel to channel as Boris Johnson’s “Get Brexit done” election campaign destroyed, in the twinkling of an exit poll, the hopes of those who had spent three-and-a-half years attempting to subvert the result of the 2016 referendum. Well, that was how I spent the early hours of Friday. It was hard to know who looked more gratifyingly furious: the proponents of the suddenly annihilated second vote on Brexit, or the broadcasters (I am thinking especially of Channel 4, whose news operation is just The Guardian with shorter words).… Click here to continue reading this article

The New USA -v- Russia Cold War. Seeing the Wood Through the Trees.

I’m not sure why anyone falls for the dishonest media spin from either side.

The current “cold war” situation owes more to an engineered conflict that is agreeable to both sides (EU/US and Russia) to distract the peasants from the domestic economic turmoil.

Creating political theatre and ‘threats’ allows governments to run loose economic policy and pour money into defence without taking a beating on the markets.

The ISIS/AQ threat is better persecuted by special forces. To be able to dump billions into new defence projects and soak up blue collared workers into a standing military you need a credible threat.… Click here to continue reading this article

America Is Using Bulgaria to Supply Arms to Ukraine

This article originally appeared at Novinite – Bulgarian news agency

The United States is delivering arms to Ukraine via Bulgaria, an article on RIA Novosti reads.

Bulgaria is also “producing ammunition for the Ukrainian army” with US money, and Poland, Hungary, and the Czech Republic are ready to take part in similar schemes, the text argues further.

Washington is doing so “despite official declarations” and has so far transferred about 200 sniper rifles and 400 assault rifles and 200 grenade launchers, the author, Aleksandr Hrolenko, notes [RU], arguing this “transit country” has been used for not less than 20 years “when necessary to hide traces”.… Click here to continue reading this article