The Bully's Stick is Flaccid

I think we are close to the top of the sanction escalator of economic control, you know the modern day siege we use against countries which won't do our bidding. The USD is quickly being supplanted with 100+ countries de-dollarizing and trading in their own currencies. Lula, while in China this week, questioned the use of dollars. The BRICS+ are establishing their own bank with Former Brazilian President Dilma Rousseff at its head. It will take time for the system to unwind, but there's a new alliance building across the world of countries who see through the hypocrisy of US superiority with the world's largest prison population, homeless filled urban areas, student debt at 1.75 trillion, and medical bills as the number one cause of bankruptcies.

(8 min)

Dedollarization

Slowly, slowly, then all at once... the dollar's dominance and the US empire will fall. Will the petroyuan replace the dollar as the global currency? It is looking that way. China sold natural gas to France this week in yuan. Brazil and China are to trade in their own currency and by-pass the dollar. Russia is shifting to the yuan using the Chinese currency to settle accounts globally. Russia and India have been trading in their own currency for the last year. Additionally there's a rush to join the SCO and BRICS+ as nations eagerly try to escape the USD and its poison pill of sanctions.