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Author Topic: China & Russia ready to end US dominance of global finance  (Read 135 times)

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Offline Wiz

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China & Russia ready to end US dominance of global finance
« on: December 19, 2021, 10:18:47 PM »
China & Russia are ready to end
US dominance of global finance


By Glenn Diesen, Professor at the University of South-Eastern Norway and an editor at the Russia in Global Affairs journal.


By Glenn Diesen, Professor at the University of South-Eastern Norway and an editor at the Russia in Global Affairs journal. Follow him on Twitter @glenn_diesen.
Russian President Vladimir Putin held extensive talks with his Chinese counterpart, Xi Jinping, earlier this week, with the two world leaders agreeing on plans to establish a new shared international financial framework.
China and Russia have been gradually moving towards such an arrangement since the Global Financial Crisis of 2008 revealed the risks of excessive reliance on the US. However, American economic sanctions against both Moscow and Beijing appear to have intensified the search for alternatives.

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Online AvHdB

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Re: China & Russia ready to end US dominance of global finance
« Reply #1 on: December 19, 2021, 10:36:51 PM »
It is an interesting article, near the end is this statement which is quite true.

The first rule of sanctions is that when they are enduring, the targets of sanctions will learn to live without the belligerent power

What the writer does not discuss is how fragile the Chinese Russian relationship is.
“If you aren't in over your head, how do you know how tall you are?” T.S. Eliot

Offline Steveboy

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Re: China & Russia ready to end US dominance of global finance
« Reply #2 on: December 20, 2021, 06:18:00 AM »
It is an interesting article, near the end is this statement which is quite true.

The first rule of sanctions is that when they are enduring, the targets of sanctions will learn to live without the belligerent power

What the writer does not discuss is how fragile the Chinese Russian relationship is.



fragile the Chinese Russian relationship is.

Defo not as SOLID as the Special relationship the UK has with the US .. and the US PARTNERS in Europe.. :laugh:
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Offline Wiz

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Re: China & Russia ready to end US dominance of global finance
« Reply #3 on: December 20, 2021, 08:53:45 AM »
It is an interesting article, near the end is this statement which is quite true.

The first rule of sanctions is that when they are enduring, the targets of sanctions will learn to live without the belligerent power

What the writer does not discuss is how fragile the Chinese Russian relationship is.

fragile the Chinese Russian relationship is.

Defo not as SOLID as the Special relationship the UK has with the US .. and the US PARTNERS in Europe.. :laugh:

Simply divide and rule devious propaganda from the Zionist trolls....... without knowing the real facts.  Duplicity is the essence of their existence. Now I understand why Stalin created "Birobidzhan, a town and the administrative center of the Jewish Autonomous Oblast, of Russia, located on the Trans-Siberian Railway, near the China-Russia border and send them all there to live.

Finally it is Putin who has curtailed the Zionist big influence and control, they acquired during Yeltsin time. Their influence and control on the Russian economy was immense  but when Putin come to power, most of them left the country and went to Israel or abroad to live. Now the fifth column of the Atlantists Dmitry Medvedev and his clan, who were singing the line of the Rothschild's  have most of them, either left the country, or silenced or they sing Putin's song.

Just waiting to see when the USA and its allies will start playing hard ball against China and time is getting closer. At the moment Russia is not accepting directly British pounds in Cash, except in the Moscow area. The bank of Russia, under orders from Putin, they use all surplus Dollar receipts and reserves to buy Gold.

Russia's Foreign Currency, Gold Reserves And National Debt

Xi Jinping is not a stupid guy controling 1.4 Billion people.....and I am sure  together with Putin they know how to play the game and when they will attack the Dollar....... we have to wait and  see the Hegemony of  USA  going down the pan!
The sun does not shine on the Ex- British Empire because God never trusted an Englishman in the dark!