A Roadmap to Escape the West’s Stranglehold

[Wiz]

A Roadmap to Escape the West’s Stranglehold

It is impossible to track the geoeconomic turbulence inherent to the “birth pangs” of the multipolar world without the insights of Professor Michael Hudson at the University of Missouri, and author of the already seminal The Destiny of Civilization.

In his latest essay, Professor Hudson digs deeper into Germany’s suicidal economic/financial policies; their effect on the already falling euro – and hints at some possibilities for fast integrating Eurasia and the Global South as a whole to try to break the Hegemon’s stranglehold.

That led to a series of email exchanges, especially about the future role of the yuan, where Hudson remarked:

“The Chinese whom I’ve talked to for years and years did not expect the dollar to weaken. They’re not crying about its rise, but they are concerned about flight capital from China as I think after the Party Congress [starting on October 16] there will be a crackdown on the Shanghai free-market advocacy. Pressure for the coming changes has been long building up. The spirit of reform to rein in ‘free markets’ was spreading among students over a decade ago, and they have been rising in the Party hierarchy.”

On the key issue of Russia accepting payment for energy in rubles, Hudson touched upon a point rarely examined outside of Russia:

“They don’t really want to be paid just in rubles. That’s the one thing Russia doesn’t need, because it can just print them. It only needs rubles to balance its international payments to stabilize the exchange rate – not to push it up.”

Which brings us to settlements in yuan:

“Taking payment in yuan is like taking payment in gold – an international asset that every country desires as a non-fiat currency that has a value if one sells it (unlike the dollar now, which may simply be confiscated, or ultimately left abandoned). What Russia really needs are critical industrial inputs like computer chips. It could ask China to import these with the yuan Russia provides.”

Read here the full interiew and the insights of Professor Michael Hudson at the University of Missouri

[WestCoast]

With all the problems Professor Michael Hudson is predicting for the US and other NATO countries we'd expect to see massive migration from the US and other NATO countries to Russia and China.However that's not happening, it's just the opposite.

People are currently fleeing Russia in the hundreds of thousands. How long that will continue is hard to predict. To a lesser extent the same is happening in China with many Chinese moving out of China to the west.

Wiz experts like Professor Michael Hudson are telling you that you should be moving to Russia yet you stubbornly remain in the UK. Why is that?

[Wiz]

With all the problems Professor Michael Hudson is predicting for the US and other NATO countries we'd expect to see massive migration from the US and other NATO countries to Russia and China.However that's not happening, it's just the opposite.

People are currently fleeing Russia in the hundreds of thousands. How long that will continue is hard to predict. To a lesser extent the same is happening in China with many Chinese moving out of China to the west.

Wiz experts like Professor Michael Hudson are telling you that you should be moving to Russia yet you stubbornly remain in the UK. Why is that?

Obvoiously you cannot understand plain English.

i have already gave you a reply and for your information my wife has a flat in her Russian town........ready to go and live but I told you we prefer to have the best of all choices. No more suggestions and I have proved to you...why!

Better take care of yourself....and stop advising me......about where to live....lucky they let you settle in Canada, which is your original country?

[Steveboy]

People are currently fleeing Russia in the hundreds of thousands.

 

[WestCoast]

With all the problems Professor Michael Hudson is predicting for the US and other NATO countries we'd expect to see massive migration from the US and other NATO countries to Russia and China.However that's not happening, it's just the opposite.

People are currently fleeing Russia in the hundreds of thousands. How long that will continue is hard to predict. To a lesser extent the same is happening in China with many Chinese moving out of China to the west.

Wiz experts like Professor Michael Hudson are telling you that you should be moving to Russia yet you stubbornly remain in the UK. Why is that?

Obvoiously you cannot understand plain English.

i have already gave you a reply and for your information my wife has a flat in her Russian town........ready to go and live but I told you we prefer to have the best of all choices. No more suggestions and I have proved to you...why!

Better take care of yourself....and stop advising me......about where to live....lucky they let you settle in Canada, which is your original country?

Born in Canada and spent most of my time in Vancouver Canada. Work in my earlier years took me to several countries around the world. For me it was a cheap way to travel, get paid to work in different parts of the world.