Thanks Lena. Like to see impact of de-dollarization would have on USA and individuals and a possible time line of incremental events that would occur. Lena, going to be a little more harsh then my prior comments on BRICS. I do NOT buy this warm fuzzy feeling. Looking no further then Russia and China, peace is not their objective, global influence/dominance however it comes to be, and strangling the West in the process. Going to be very difficult for the average citizen to navigate through the challenges that we’ll face as time progresses.
I would counter the West has sought global dominance by any means and strangling Global South development. Western citizens should remember that most people in the developing world and Global South do not have exceedingly negative opinions on China and Russia. Also, Western citizens are not the main characters of some story of the world, not everything that happens in the world is something that will majorly affect the citizens of the most powerful countries. We have tons of influence on the developing world, but to the extent that they work for themselves on political and economic objectives this isn’t something you need to think of ourselves as the center of the universe on. The US would be smart to pivot away from military Keynesianism, reform the World Bank & IMF and shift away from the privatization & financialization of everything in our domestic economy. BRICS shows us that many around the world are looking for a change, over 50 countries participated and the West was not invited. That speaks volumes.
Thanks Lena. Like to see impact of de-dollarization would have on USA and individuals and a possible time line of incremental events that would occur. Lena, going to be a little more harsh then my prior comments on BRICS. I do NOT buy this warm fuzzy feeling. Looking no further then Russia and China, peace is not their objective, global influence/dominance however it comes to be, and strangling the West in the process. Going to be very difficult for the average citizen to navigate through the challenges that we’ll face as time progresses.
I would counter the West has sought global dominance by any means and strangling Global South development. Western citizens should remember that most people in the developing world and Global South do not have exceedingly negative opinions on China and Russia. Also, Western citizens are not the main characters of some story of the world, not everything that happens in the world is something that will majorly affect the citizens of the most powerful countries. We have tons of influence on the developing world, but to the extent that they work for themselves on political and economic objectives this isn’t something you need to think of ourselves as the center of the universe on. The US would be smart to pivot away from military Keynesianism, reform the World Bank & IMF and shift away from the privatization & financialization of everything in our domestic economy. BRICS shows us that many around the world are looking for a change, over 50 countries participated and the West was not invited. That speaks volumes.