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207 sats \ 3 replies \ @zuspotirko OP 12 Feb \ on: [Breaking] Donald Trump made a deal with Putin Politics_And_Law
- The clearest point seems to be that they decided a peace deal in Ukraine will probably happen very fast now
- Ominous: Discussing the strength of the Dollar? What were they discussing?
- Unclear: Middle east? Artificial Intelligence? What do these subjects have to do with Putin?
Russia has always been heavily involved in the Middle East, although not as much as America.
I imagine Trump wants Russia to be reintegrated into the global financial system and resume using dollars for international commerce.
Fingers crossed on a peace deal. This enormous loss of life never needed to happen.
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Russia is now subservient to China and Chinas plans for global power.
Russia is reliant upon Chinas purchase of its oil and gas (at a discount to market prices) and for settlement if trade payments via Chinas alternative to SWIFT.
China is reverse engineering the wests monetary hegemony via the point of original imposition- Hong Kong.
Get used to the west fighting a rearguard and defensive battle against Chinas steady advance upon the global institutions, protocols and mechanisms of global trade and diplomacy.
China has won the trade war- it's mixed economy is demonstrably more effective than the wests crony capitalism.
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Russia has led the BRICS proposal to use its own currency rather than USD for trade.
Russia now settles most of its trade payments via Chinese channels outside of the USD/SWIFT/BIS network controlled by America.
Trump has previously threatened BRICS nations (led by Russia on this matter) that if they stop using the USD/SWIFT he will sanction them and punish them harshly- well Russia has already been sanctioned and excluded from SWIFT.
So clearly Trump wants Russia back using the USD rather than Chinese trade settlement alternative that Russia has been using.
Iran (another BRICS member already and for many years uses and is reliant upon Chinese trade settlement routes.
Trump is afraid if more nations move to the Chinese trade payments alternative the USD and USA ~ will be fucked.
And hes not wrong.
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