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Xi of Arabia and the Petroyuan Drive

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It would be so tempting to qualify Chinese President Xi Jinping landing in Riyadh a week ago, welcomed with royal pomp and circumstance, as Xi of Arabia proclaiming the dawn of the petroyuan era.

But it’s more complicated than that. As much as the seismic shift implied by the petroyuan move applies, Chinese diplomacy is way too sophisticated to engage in direct confrontation, especially with a wounded, ferocious Empire. So there’s way more going here than meets the (Eurasian) eye.

Xi of Arabia’s announcement was a prodigy of finesse: it was packaged as the internationalization of the yuan. From now on, Xi said, China will use the yuan for oil trade, through the Shanghai Petroleum and National Gas Exchange, and invited the Persian Gulf monarchies to get on board. Nearly 80 percent of trade in the global oil market continues to be priced in US dollars.

Ostensibly, Xi of Arabia, and his large Chinese delegation of officials and business leaders, met with the leaders of the Gulf Cooperation Council (GCC) to promote increased trade. Beijing promised to “import crude oil in a consistent manner and in large quantities from the GCC.” And the same goes for natural gas.

China has been the largest importer of crude on the planet for five years now – half of it from the Arabian peninsula, and more than a quarter from Saudi Arabia. So it’s no wonder that the prelude for Xi of Arabia’s lavish welcome in Riyadh was a special op-ed expanding the trading scope, and praising increased strategic/commercial partnerships across the GCC, complete with “5G communications, new energy, space and digital economy.”

Foreign Minister Wang Yi doubled down on the “strategic choice” of China and wider Arabia. Over $30 billion in trade deals were duly signed – quite a few significantly connected to China’s ambitious Belt and Road Initiative (BRI) projects.

And that brings us to the two key connections established by Xi of Arabia: the BRI and the Shanghai Cooperation Organization (SCO).

The Silk Roads of Arabia

BRI will get a serious boost by Beijing in 2023, with the return of the Belt and Road Forum. The first two bi-annual forums took place in 2017 and 2019. Nothing happened in 2021 because of China’s strict zero-Covid policy, now abandoned for all practical purposes.

The year 2023 is pregnant with meaning as BRI was first launched 10 years ago by Xi, first in Central Asia (Astana) and then Southeast Asia (Jakarta).

BRI not only embodies a complex, multi-track trans-Eurasian trade/connectivity drive but it is the overarching Chinese foreign policy concept at least until the mid-21st century. So the 2023 forum is expected to bring to the forefront a series of new and redesigned projects adapted to a post-Covid and debt-distressed world, and most of all to the loaded Atlanticism vs. Eurasianism geopolitical and geoeconomic sphere.

Also significantly, Xi of Arabia in December followed Xi of Samarkand in September – his first post-Covid overseas trip, for the SCO summit in which Iran officially joined as a full member. China and Iran in 2021 clinched a 25-year strategic partnership deal worth a potential $400 billion in investments. That’s the other node of China’s two-pronged West Asia strategy.

The nine permanent SCO members now represent 40 percent of the world’s population. One of their key decisions in Samarkand was to increase bilateral trade, and overall trade, in their own currencies.

And that further connects us to what has happening in Bishkek, Kyrgyzstan, in full synchronicity with Riyadh: the meeting of the Supreme Eurasia Economic Council, the policy implementation arm of the Eurasia Economic Union (EAEU).

Russian President Vladimir Putin, in Kyrgyzstan, could not have been more straightforward: “The work has accelerated in the transition to national currencies in mutual settlements… The process of creating a common payment infrastructure and integrating national systems for the transmission of financial information has begun.”

The next Supreme Eurasian Economic Council will take place in Russia in May 2023, ahead of the Belt and Road Forum. Take them together and we have the lineaments of the geoeconomic road map ahead: the drive towards the petroyuan proceeding in parallel to the drive towards a “common paying infrastructure” and most of all, a new alternative currency bypassing the US dollar.

That’s exactly what the head of the EAEU’s macroeconomic policy, Sergey Glazyev, has been designing, side by side with Chinese specialists.

Total Financial War

The move towards the petroyuan will be fraught with immense peril.

In every serious geoeconomic gaming scenario, it’s a given that an enfeebled petrodollar translates as the end of the imperial free lunch in effect for over five decades.

Concisely, in 1971, then-US President Richard “Tricky Dick” Nixon pulled the US from the gold standard; three years later, after the 1973 oil shock, Washington approached the Saudi oil minister, notorious Sheikh Yamani, with the proverbial offer-you-can’t-refuse: we buy your oil in US dollars and in return you buy our Treasury bonds, lots of weapons, and recycle whatever’s left in our banks.

Cue to Washington now suddenly able to dispense helicopter money – backed by nothing – ad infinitum, and the US dollar as the ultimate hegemonic weapon, complete with an array of sanctions over 30 nations who dare to disobey the unilaterally imposed “rules-based international order.”

Impulsively rocking this imperial boat is anathema. So Beijing and the GCC will adopt the petroyuan slowly but surely, and certainly with zero fanfare. The heart of the matter, once again, is their mutual exposure to the Western financial casino.

In the Chinese case, what to do, for instance, with those whopping $1 trillion in US Treasury bonds. In the Saudi case, it’s hard to think about “strategic autonomy” – such as what’s enjoyed by Iran – when the petrodollar is a staple of the Western financial system. The menu of possible imperial reactions includes everything from a soft coup/ regime change to Shock and Awe over Riyadh – followed by regime change.

Yet what the Chinese – and the Russians – are aiming at goes way beyond a Saudi (and Emirati) predicament. Beijing and Moscow have clearly identified how everything – the oil market, global commodities markets – is tied to the role of the US dollar as reserve currency.

And that’s exactly what the EAEU discussions; the SCO discussions; from now on the BRICS+ discussions; and Beijing’s two-pronged strategy across West Asia are focused to undermine.

Beijing and Moscow, within the BRICS framework, and further on within the SCO and the EAEU, have been closely coordinating their strategy since the first sanctions on Russia post-Maidan 2014, and the de facto trade war against China unleashed in 2018.

Now, after the February 2022 Special Military Operation launched by Moscow in Ukraine and NATO has devolved into, for all practical purposes, war against Russia, we have stepped beyond Hybrid War territory and are deep into Total Financial War.

SWIFTly drifting away

The whole Global South absorbed the “lesson” of the collective (institutional) west freezing, as in stealing, the foreign reserves of a G20 member, on top of it a nuclear superpower. If that happened to Russia, it could happen to anyone. There are no “rules” anymore.

ORDER IT NOW

Russia since 2014 has been improving its SPFS payment system, in parallel with China’s CIPS, both bypassing the western-led SWIFT banking messaging system, and increasingly used by Central Banks across Central Asia, Iran and India. All across Eurasia, more people are ditching Visa and Mastercard and using UnionPay and/or Mir cards, not to mention Alipay and WeChat Pay, both extremely popular across Southeast Asia.

Of course the petrodollar – and the US dollar, still representing under 60 percent of global foreign exchange reserves – will not ride into oblivion overnight. Xi of Arabia is just the latest chapter in a seismic shift now driven by a select group in the Global South, and not by the former “hyperpower.”

Trading in their own currencies and a new, global alternative currency is right at the top of the priorities of that long list of nations – from South America to Northern Africa and West Asia – eager to join BRICS+ or the SCO, and in quite a few cases, both.

The stakes could not be higher. And it’s all about subjugation or exercising full sovereignty. So let’s leave the last essential words to the foremost diplomat of our troubled times, Russia’s Sergey Lavrov, at the international interparty conference Eurasian Choice as a Basis for Strengthening Sovereignty:

“The main reason for today’s growing tensions is the stubborn striving of the collective West to maintain a historically diminishing domination in the international arena by any means it can… It is impossible to impede the strengthening of the independent centers of economic growth, financial might and political influence. They are emerging on our common continent of Eurasia, in Latin America, the Middle East and Africa.”

All aboard…the Sovereign Train.

(Republished from The Cradle by permission of author or representative)
 
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  1. Petermx says:

    I am clinging to hope that a change in Germany will put people in power that will begin operating the Nordstream gas pipelines and announce a policy to improve relations and trade with Russia. Other European countries would join in too. That would also end the war in Ukraine.

  2. pyrrhus says:

    The big question is what will (((they))) do when the money printing stops buying essential resources from the rest of the world? The crazies in the State Department are already giving off signs of desperation, and seem determined to escalate things….

    • Replies: @Anonymous
  3. anonymous[385] • Disclaimer says:

    If one goes a step further and realises that Pepe Escobar’s ‘Eurasia’ is really the NWO wearing a new ‘multipolar’ dress – and that the downfall of the USA, with its still-lively reservoir of gun-owning free thinkers, was always part of the NWO plan –

    It all starts to make a lot more sense: Klaus Schwab praising China to the skies, his own son Olivier Schwab, with a Chinese wife, having headed the Beijing WEF office.

    But the US dollar currency replacement is more difficult and tangled than most think, and probably cannot be done without major global economic collapse. The reason is the pyramid of global credit built on top of the dollar, involving what is generally called the ‘eurodollar’, referring to when dollars are used outside the USA (primarily in Europe first, hence the name).

    The world credit structure is one of ‘eurodollars’ and that cannot be shifted easily even if much more trade is done in yuan or rubles. A new system of credit needs to evolve, but the ‘eurodollar’ debt of the old system still needs to be paid, inflated away, or defaulted.

    Not easy to digest at first, the greatest economics writer in the world is Jeffrey Snider, the eurodollar expert, whose general predictions have been spot-on correct for many years. Snider has noted frequently that Chinese central bankers have come the closest to admitting out loud what is really going on with ‘money’.
    https://www.realclearmarkets.com/authors/jeffrey_snider/

  4. Realist says:
    @Petermx

    I am clinging to hope that a change in Germany will put people in power that will begin operating the Nordstream gas pipelines and announce a policy to improve relations and trade with Russia.

    You’re hoping the Germans will wise up and stop their stupidity. This is illogical…this will no sooner happen in Germany than in the rest of the West.

    Populations that accept subjugation are low IQ.

    • Agree: Hulkamania
    • Disagree: YetAnotherAnon
  5. Emslander says:

    The West is also beginning to learn that the ancient and solid cultures of the world aren’t deluded by the porn and plastic of western modernism. It’s all a joke and an illusion. The USA can’t put together a decent passenger rail system and it’s well into a program of banning individual auto transportation. That leaves us cooking in immobilized slavery.

    The year 2023 is going to be a rude one for our wastrel leadership.

    • Agree: Franz
    • Replies: @JR Foley
  6. Notsofast says:

    i’m still amazed by the limitless hubris and stupidity of the zioneocon ruling class. the consistently wrong headed approaches of the braindead uniparty have driven the russians, chinese and iranians into a strategic alliance that will blossom into an economic alliance. add to this the alienation of the saudis, the lynchpin of their own phony bologna ponzidollar. but wait there’s more, their failed coup attempt on erdogan that allowed the sultan to clean house on nato/cia stooges, much like mbs did. the only major power they didn’t go out of their way to insult, was india who refused to cooperate with their tinhorn plans, it seems modi knows which way the wind blows.

    these morons couldn’t have screwed the pooch worse if they had tried.

    • Agree: Son of a Jedi
    • Replies: @MLK
  7. @Realist

    Adding insult to injury appears as a chore competency of Anglo-American hyena.

    • Replies: @Realist
  8. @anonymous

    But instead of U$A/Israel/UK vassals totalling ~ 30 nations, using ONE currency only, and following U$A Gangster diktats, OR ELSE…

    We have 180 (and growing) nations that want off the fascist Collective Waste Trainwreck, and economists will do want they must: Copium.

    • Agree: brostoevsky
    • Replies: @YetAnotherAnon
  9. The one thing that this article fails to mention is that this system was set up to benefit the “chosen” ones. Average Western people benefit nothing from this empire, which is ultimately the puppet of Tel Aviv. They’re quickly running out of friends. The Qatar World Cup showed this clearly. When America stops protecting them it’ll be interesting to see what the Iranians do with them. Otherwise, great article Pepe!

  10. @anonymous

    They can’t possibly create one new global currency. There already is one. It’s called “gold” brosef. China is clearly not a bastion of freedom, but they’re doing their own totalitarian thing, which people like Klaus would like to appropriate for their own purposes. Moreover, there’s little they could do to control the whole world. The Chinese military can’t and won’t take up the mantle of “world police”. Lastly, the NWO is all about predatory finance as a means of control in order to make everyone debt slaves. The Chinese government controls the Yuan too strictly to use it as a means of global control like the US dollar currently is. You’re totally wrong about China, however you’re right to be wary of them.

    • Replies: @JR Foley
    , @JR Foley
  11. Athena says:

    IMF and friends meddling in Uruguay (against FTAs with China)

    Uruguay-China Chamber of Commerce does not agree with proposal to rule out FTA with Asian country
    https://www.bilaterals.org/?camara-de-comercio-uruguay-china

    [MORE]

    (e-translation)

    ”The Uruguay-China Chamber of Commerce does not agree with the proposal to rule out FTA with Asian country.

    The Board of Directors considers that the signing of the agreement is “central” for the country’s insertion and supports the efforts made by the Government.

    The Uruguay-China Chamber of Commerce (CCUCH) issued a statement on Wednesday “in view of the latest positions of some national actors on trade relations between Uruguay and China” and reiterated its support “for the steps taken by the government to deepen trade relations between these economies”.

    In recent days, the executive director of Ceres, Ignacio Munyo, said that Uruguay should ask Mercosur partners to “abandon the negotiation of the FTA [Free Trade Agreement]” given that, according to him, China is a “stone in the shoe” for the bloc’s partners.

    “Trade relations between Uruguay and China have deepened uninterruptedly over the last 30 years and, since the re-establishment of diplomatic relations in 1988, all governments have given central importance to economic and trade relations with the Asian power,” the Chamber said in its statement.

    They also referred to the completion of a feasibility study on an FTA between the two countries as a “milestone” for the government, which brings us closer to the opening of trade negotiations.

    “The proposal to abandon the path followed so far in relations with China, especially regarding the possibility of discarding the idea of signing an FTA, is not shared by the CCUCH,” they said, asserting that this implies “dismantling a long-term policy, the main objective of which is to take a momentous step in the necessary trade opening that the country demands”.

    “Advancing in an FTA with China is today a central part of Uruguay’s insertion strategy, since the expected impacts will not only benefit trade flows in goods, but will open spaces in the placement of services, will lead to new investments and increase cooperation with the second largest economy in the world, among other positive impacts,” they said.

    Finally, they pointed out that they are “convinced” that the signing of an FTA with the Asian country is an instrument that will favour the economic development of our country.”

  12. Robert. says:
    @brostoevsky

    Average Western people are victims of this ((Empire)). They are going to be minorities in their own lands in a few decades across the board, from the US to Canada and all of Western Europe – the self-Chosen have deemed White people as their greatest threat and mass immigration is their tool to remove that.

    • Thanks: Irish Savant
  13. IronForge says:

    I commented on the Newlinked RT/Reuters Sourced Article I posted of IND buying 70+% of the RUS Urals Crude, followed by Exempted BGR “Insta-currency-swapped” €UR/₽UB payments, CHN, and Energy Hub TRK purchases.

    With SPFS/СПФС, CIPS, Insta-currency-swaps to ₽UB, CN¥ and IN₹ payments, IRN already accepting Non-U$D payments, and the PetroCN¥-Gold Xchg,

    Asia are no longer bound to the PetroU$D/U$T Currency-Reserve Labyrinth.

    Now Asian Nation-States just need to hold enough U$D to handle their USA Trade Settlements and fading PetroU$D Contracts.

    The SCO/BRICS/SilkRoad Projects are the “Prosperity Sphere” engagements that may invite other OPEC+ Members into the Trade Routes.

    Since CHN/RUS/IND Underwrite many Public/Public-Private Infrastructure Projects – they should probably work well with Islamic Banking rather than with Western Rentier-Debt Looting Banks.

    Did I mention/imply that PetroCN¥ Contracts are Xchgable with Gold – with Participating Members? Why yes, I did…

  14. JR Foley says:
    @Emslander

    You are crazy indeed. Amtrak’s constant late performance is so Americans can view America–junk yards and rusted automobiles —-

    • Replies: @Franz
    , @Emslander
  15. JR Foley says:
    @brostoevsky

    China goes for mutual respect –harmony and WIN WIN —-USA only goes for Zero Sum –USA wins–the opponent loses ——just like pro wrestling …..

  16. @brostoevsky

    It’s not the average Jew in Israel who benefits. Israel is the second most unequal society in the OECD. Bottom of the pile, the illegals, then the Palestinian Israelis, then the religious loonies, then the Sephardi and Mizrahi, then the Ashenazim, with the Bosses and the Mafia capi on top. More or less.

    • Replies: @Che Guava
  17. Zane says:

    I don’t often find myself in agreement with Pepe but it would be nice to have a brake on petrodollar printing lunacy by the you know whooze.

  18. JR Foley says:
    @brostoevsky

    Trust America my dear fellow but first order your coffin…

  19. Franz says:
    @JR Foley

    Amtrak’s constant late performance is so Americans can view America–junk yards and rusted automobiles —-

    That’s the reason for letting Amtrak die.

    Americans can now see the rust and rot from anywhere.

  20. But who will maintain peace, democracy, freedom and financial stability under an international rules-based order if the US/Anglo/Zio empire goes down?

    • Replies: @Kratoklastes
  21. @Petermx

    Nailed it. And it would solve a lot more than the Ukrainian problem.

  22. skrik says:
    @Realist

    You’re hoping the Germans will wise up and stop their stupidity

    It’s not the German sheople per se, ‘just’ the traitor so-called ‘leaders.’ I have previously proposed a ‘solution,’ here it is again:

    My suggestion for saving D/EU is:

    1. Lindner/FDP to break away from ‘the Ampel’ [this did happen before, thanks, but “No, thanks!” to Genscher when he and the FDP left the Third Schmidt cabinet, grrr!]

    2. Form a new govt with FDP, die Linke and CDU/CSU with Söder as Kanzler, Lindner as treasurer and Sahra Wagenknecht as FM [new: Add in AfD defectors],

    3. Threaten to immediately leave EU unless EU removes all sanctions targeting Russia and ceases all support for Ukraine,

    4. Forcefully eject all ZUSA presence from D,

    5. Apologise to Mr Putin/Russia and request full restart of NS 1 & 2.

    Facit: D + EU can live happily in harmony, with heat and industry. [Is it only a dream? IMHO no.]

    To partly answer my own Q, this youtube link:

    “Eigene Partei, grüne Doppelmoral, Russland, Woke-Wahnsinn | Sahra Wagenknecht bei BILD”

    One can get English subtitles. rgds

    • Replies: @Realist
  23. Che Guava says:
    @Petermx

    I agree, but have read that the three NATO-sabotaged pipelines will become unusable without quick repairs.

    If the German government had any sense, they would have made repairs possible. Also, they would have arranged continued use of the one pipeline that the inept saboteurs missed. As both an occupied nation and insane, nothing positive is likely for Germany.

    Japan is an occupied nation too, but less insane. However, still going with the dictates of the glob, although doing that is less destructive than for NATO/EU states, not going along would have been advantageous in various ways.

    • Replies: @Petermx
  24. Karl1906 says:
    @Realist

    The German government will switch to violence without any mercy against the population should the status quo ever be endangered. They basically did so against any *unwanted* protesters in recent years.

    And even if you sometimes hear criticism from the police and the military their whole concept of training has been AGAINST the civilian population for DECADES now.

    Which is also the main reason why they’re no longer perceived as “your friend and helper” (“Dein Freund und Helfer”) or “citizens in uniform” (“Burger in Uniform”) but – at best – paramilitary in outfit, armament and organisation – and to be feared, not trusted. You’d rather avoid them at all than ask for their help. And their behaviour often enough only reinforces this. Which is in no way or shape an unwanted “side-effect” – or being changed by current politics.

    As the executive being apart from us as much as possible only helps the political feudal-class we now have in the West. And even though they may be considered a “joke” by many in regards to their overall degree of incompetence and corruption they’re still the ones with the guns. And they will use them against unarmed civilians if ordered. Or beat you to death with a night stick – or into the hospital for the rest of your life. Which you could also see very well during the lockdown-protests.

    Besides, the majority of us Europeans will still rather enter the box cars than fight.

    • Agree: Irish Savant
    • Replies: @RoatanBill
  25. @bike-anarkist

    The Great Satan still disposes of much power – I see the Mir card isn’t accepted in Turkey and Uzbekistan.

    In Turkey Mr Erdogan, for whom I have a grudging respect, is walking a tightrope between NATO/USA and Russia/China/ROW.

  26. Anonymous[380] • Disclaimer says:
    @pyrrhus

    “what will (((they))) do when the money printing stops” – no problem – the rich will do what they have pre-planned – they will get their butts out of Dodge – moving to property they own in New Zealand, Patagonia, and (of course) Israel. They will leave the Hillbillies and Black Thugs to battle it out for anything they forget to pack.
    But, the good thing is that after America gets rid of all of the parasites and “sponges”, enough decent folk will be left to rebuild the nation that America used to be. And generations will pass before the crooks get back in control.

  27. Che Guava says:
    @mulga mumblebrain

    That’s interesting. However, you have your terminology as defined now.

    Everyone living there was a Palestinian for many centuries. This included Moslem converts of conquest and convenience, Christians, and Jewish people who didn’t leave to be leeches on other places.

    ‘Palestinian Israelis’ is a nonsense term, and I am sure that you know it. You are always pushing vaguely zio- neo-con propaganda and are foolish enough to think that nobody sees it.

    The Israeli definition is Arab Israelis. ‘Palestinians’ by the Israeli definition are outside the polity. Simply people to be excluded from and driven out of the polity.

    Mumbling Mulgenstein?

  28. @Karl1906

    Vote harder!

    • Agree: Realist
    • Replies: @Karl1906
    , @skrik
  29. FifthDim says:
    @Petermx

    Sorry to tell you that as far as the US concerns, Germany is the Island of Guam of Europe.

    • Replies: @RadicalCenter
  30. Emslander says:
    @JR Foley

    Not so crazy.

    The Asian continent is going to become the next level of human development because of its dedication to rail connection. European travel is much more pleasant and efficient because its core is the rail system.

    I suppose you haven’t traveled by air in the US lately or you’d know that it’s become the most painful experience in the lives of most Americans. Air travel is never profitable on its own, is afflicted with cancellations and delays during the most critical periods and drives people to go berserk en route.

    The automobile is targeted for abolition by the millennial girly idiots and long-distance car trips are beset by badly managed lodging and poisonous fast food. The USA won’t be a developed country until it has a fully integrated and efficient system of rail travel. Amtrak is the creation of the old rail labor unions and is therefore designed to be a disaster.

  31. MLK says:
    @Notsofast

    these morons couldn’t have screwed the pooch worse if they had tried.

    As my previous comments belabor, I agree, it’s been an interminable world-historical Sad Story for the American Project since the events of 1989-91.

    Shit happens.

    China had a “century of humiliation” under foreign domination. Russia, a mere decade. The unwitting gift from the worst of the worst the American ruling and governing classes produced and allowed to rise to the commanding heights.

    You really can’t make it up. After seeing how poorly it went installing Yeltsin in Russia, someone had the bright idea to install the illegitimate Biden regime, with a “Yeltsin” to headline, this time comprised by and in thrall to China instead of the US of A.

  32. Karl1906 says:
    @RoatanBill

    Exactly. You can’t vote such a Western “democracy” away. The establishment will fraud any election and outright BAN any inconvenient opposition – as they’ve already announced a couple of days ago.

    It was those idiot “Reichsburgers” yesterday giving them the excuse and soon everybody daring to criticise the government will be considered a “terrorist”. The AfD is already on their list and the Leftist Party will be the next should they not “sing in tune”.

    And to get this point across as strongly as possible to you foreigners – this is Merkel’s “legacy”. She was the one who wanted the EU Treaty of Lisbon to have “constitutional status”. Not in the positive sense but meaning that CRITICISING it – and the EU – becoming an act of “extremism” – worthy of prosecution.

  33. skrik says:
    @RoatanBill

    @Karl1906’s concerns are real and immediate, a proof = the vaxx-mandate tyranny. Not only that but plus the mostly-zusa lying propaganda, copied and ‘catapulted’ by most of ‘the West’ = a proof that the endlessly-pushed ‘Democracy, democracy, democracy!’ – is a total catastrophe for us, we the people. The West is well and truly F’d, and most know by (((whom))).

    Well may you sarc: “Vote harder!”

    I searched for “conspiracy extremist activists Germany” and found this:

    A Conspiracy in Germany Highlights Far-Right Trends” which contains this:

    while the Federal Republic [is] an illegitimate creature of foreign occupation and exploitation

    IMHO ‘correct,’ and inarguably implies that the nominal ‘D-authorities’ are acting under foreign direction and also quite obviously, not to the D-citizens’ best interests, a proof of that being the current imbroglio of cutting off the D-nose [=R-gas] to ‘spite their faces,’ as ordered via the zusa rogue regime. rgds

    • Replies: @RoatanBill
  34. @Realist

    Germans are a pathetic broken people. It doesn’t really matter if Germany trades with Russia or not because Germany (and Europe in general) is not relevant for the future.

    • Agree: RadicalCenter
    • Thanks: Realist
    • Replies: @RadicalCenter
  35. Xi’s meeting in Riyadh is another halfstep in the Death of the West.
    Another small measure in an inevitable process.
    Done with quiet finesse, even with hopes of mutual cooperation.
    Mutual cooperation giving mutual benefit.

    But alas that is not acceptable to Talmud believers.
    And those in thrall to Talmud believers.
    Those who must obey them, even at cost of their own countries.
    And the future of their children.

    • Replies: @emerging majority
  36. anonymous[396] • Disclaimer says:

    “All aboard…the Sovereign Train.”

    Now if Doctor Xi was to kowtow to the mighty Allah and promised to give up succulent pork then conquering of the West is plausible otherwise the CCP navy is going to be sunk come the next war.

    • Replies: @RadicalCenter
  37. @skrik

    There are hundreds of millions that are the working population of europe. There are thousands that are the political class parasites of europe. Comparing numbers should indicate that the population has the ultimate ability to make a change, but they are too timid and brainwashed to realize their strength.

    Forget about a new party or some other political movement to fix what’s wrong. It is politics itself that always leads to these disasters. The working population needs to shut down europe by sitting on their asses and opting to let the whole economy turn to shit NOW. It’s going that way anyway, so avoid the delay and discover where the actual strength lies in the process.

    The EU is going to unravel just due to the debts that can never be repaid. That they are now actively working toward the destruction of their economies with their proven idiotic sanctions and worship at the altar of their climate change nonsense shows their determination to kill lots of their own people. The only weapon the working stiff has is his labor. Take that labor off the table even for a short while and the environment would drastically change.

    Europe needs a meme that spreads to just sit home and refuse to cooperate by withholding their labor, not the stupidity of voting or supporting politicians that all suck.

    • Thanks: skrik
    • Replies: @skrik
  38. @anonymous

    It is true the dollar is propped up by the eurodollar market and the trust fund system;
    losing oil backing will not have the immediate effects on dollar strength
    that it would have used to (though a trickle-down is inevitable) …
    seizing those Russian assets however was a foghorn to every drug cartel and
    tinpot dictator that dollar assets are not safe – there go the trust funds;
    and an alternative international credit market is bound to develop –
    making the emerging markets a whole lot less extortable, further reducing
    rent income denominated in dollar.
    In sum, it´s very bad news for Europe and Japan, and medium-term game over
    for the Usual Suspects; China will be forced to choose between holding onto
    depreciating T-bills and rolling over high-risk LatAm and African debt.

  39. Anon[344] • Disclaimer says:

    How about some ideas on encouraging rebellion in North America?

    Thank You, Mr. Escobar

  40. skrik says:
    @RoatanBill

    The EU is going to unravel just due to the debts that can never be repaid

    Agreed [but too slow].

    That they are now actively working toward the destruction of their economies with their proven idiotic sanctions

    Agreed.

    and worship at the altar of their climate change nonsense shows their determination to kill lots of their own people

    *Not* agreed. Baerbock&Co are using ‘green’ as a ‘cover’ for acting on ZUSA orders.

    The only weapon the working stiff has is his labor

    Agreed.

    Take that labor off the table even for a short while and the environment would drastically change

    Agreed – *but* ‘the working stiff’ is stuck in the all-obscuring, lying propaganda mist, so without an ‘effective’ impulse will just cruise on in his/her/its somnambulance.

    As unlikely as it may seem, what ‘the West’ needs is an effective countervailing force [Newton’s 1st law = inertia] to 1) cancel the rogue-regimes’ propaganda and 2) successfully invoke a return to rationality = truth & justice. Over to the [so far cowardly?] intellectuals, perhaps. rgds

    • Replies: @skrik
  41. skrik says:
    @skrik

    My PS via MoA:

    “Those who still reject holding peace talks are responsible for this situation and for the massive amount of casualties the Ukrainian army has each and every day.”
    Posted by b on December 17, 2022 at 17:52 UTC
    https://www.moonofalabama.org/2022/12/ukraine-sitrep-more-missiles-attack-plans-artillery-hits-morale.html

    Ditto to those who do not object to their utmost to rogue-zusa depredations etc..

    “A little neglect may breed great mischief.”

    For the lack of a nail, the war was lost. rgds

  42. @anonymous

    You are correct about debt…. But that’s why more and more countries are trying to get from under the IMF and World Bank as well. The New Development Bank (the bank of BRICS) was specifically opened to make loans in local currencies.

  43. Sarah says:

    Washington approached the Saudi oil minister, notorious Sheikh Yamani, with the proverbial offer-you-can’t-refuse: we buy your oil in US dollars and in return you buy our Treasury bonds, lots of weapons, and recycle whatever’s left in our banks.

    Good summary of the scam😒

  44. @brostoevsky

    Qatar and Iran get along… That’s why Saudis and the rest of the GCC blockaded Qatar for three years (remember they even threatened to dredge the area around Qatar to completely separate it from the peninsula). Qatar was cozying up with Iran and to a lesser extent – Turkey. Qatar refused to drop their newfound friendship with Iran – and the Saudis and GCC blinked first and ended the blockade.

    The Saudis know Russia and China aren’t going to play to their side to isolate Iran – so they gave up the idea of trying to hurt Qatar. Last month of course China signed a huge 30 year gas deal with Qatar (effectively stifling the EU in their attempt to diversify) — and while Xi was in Saudi Arabia – a high ranking minister was at the same time in Iran implementing their 25 year agreement. So really – China nor Russia want there to be a fight between Gulf Arabs and Iran. I think if the US pulls back (“fat chance” they go quietly) there will be LESS tension.

    https://www.tehrantimes.com/news/479748/Tehran-Doha-stress-expansion-of-co-op-in-different-areas

    https://en.mehrnews.com/news/194871/Iran-China-comprehensive-cooperation-meeting-starts-in-Tehran

    • Replies: @Che Guava
  45. @anonymous

    If one goes a step further and realises that Pepe Escobar’s ‘Eurasia’ is really the NWO wearing a new ‘multipolar’ dress – and that the downfall of the USA, with its still-lively reservoir of gun-owning free thinkers, was always part of the NWO plan –

    Precisely. British-agent-masquerading-as-“American” Kissinger didn’t warn Washington to accept a multipolar world for any reason. Neither was lower office rent the motive behind the IMF’s relocation to Beijing from Washington. China is the next world’s next super power. The industrialization of China came at the cost of de-industrializing the US (and the West). It’s merely another rise/fall, fall/rise cycle of the “Gods” (i.e. bankers). It’s been in the works for over a century.

    “In mid-1913 the United Kingdom became the first country to promote the use of the yuan in Europe. ” — https://www.voltairenet.org/article189193.html

    Plagiarist Albert Einstein wasn’t too far off: “It would be a pity if these Chinese supplant all other races.” — https://www.smithsonianmag.com/smart-news/einsteins-travel-diaries-reveal-his-deeply-troubling-views-race-180969387/

    But the US dollar currency replacement is more difficult and tangled than most think, and probably cannot be done without major global economic collapse.

    Nothing a nuclear war between the US/NATO and Russia can’t fix. The “Gods” shifted the Capital from £ to $ with WW2. WW3 will do the same: $ to ?.

  46. Realist says:
    @skrik

    It’s not the German sheople per se, ‘just’ the traitor so-called ‘leaders.’

    Germans allow those leaders to exist.

  47. antibeast says:
    @anonymous

    The NWO plan was to shift the world’s reserve currency from $ to Euro but the Yanks didn’t want the Euro to supplant the $. That was the casus belli for the Ukraine Crisis. The Yuan ain’t goin’ to supplant the $ anytime soon as China only wants to use the Yuan for its own ends. That leaves the national currencies of Russia, India, Brazil and other countries in addition to the Yuan as a basket of currencies to replace the $ which is the brainchild of Sergey Glazyev who is working with China to create this new artificial currency.

    • Thanks: showmethereal
  48. @FifthDim

    Full of ugly obese slightly-brown people?

  49. @Hulkamania

    I have dealt with many German immigrants to the USA back when our kids were learning German at a young age. They’re often insufferably self-hating but still lecturing know-it-alls (Besserwisser).

    Fuck Germans and Germany. Freeze and starve and die, pussies.

  50. @anonymous

    You sound like you might be a follower of the mentally ill pedophile moron muhammad, shit be upon him. The Chinese navy’s fortunes of course are not affected by whether they eat pork, you superstitious backwards piece of garbage.

  51. @Arthur MacBride

    Amongst the truly bad actors, the Talmud is a tool for their global dominance and control scheme rather than something which could be considered as a genuine religious (to say nothing of spiritual) belief system. Talmudism is ego, greed and hatred for others as a systematic and ideological approach to absolute world control.

    Talmud as a tool and by no means as a “Holy” book of guidance and reverence is the prime determinant that Talmudic religiosity is strictly materialistic by nature. Materialism is the polar opposite to a spiritual perspective and way of life.

    Understanding the true role of Talmudism is absolutely critical to the realization that its adherents are deadly enemies to common humanity and to world peace.

    At root, Talmudism is satanic. The religion of the ancient Hebrews was problematic in the first place because of its “Chosenism”. When Talmudism replaced the Pentateuch during the Babylonian Captivity; Talmudist formulation of Judaism became “The Synagogue of Satan” as it is written.

    • Agree: nokangaroos
    • Replies: @Arthur MacBride
  52. Sarah says:

    …with an array of sanctions over 30 nations who dare to disobey the unilaterally imposed “rules-based international order.”

    In fact: “order based on US rules”. Rules that the US (more exactly the power in place in Washington) respects when it is in their interest, and do not respect in the opposite case.

    • Replies: @littlereddot
  53. @emerging majority

    ” … At root, Talmudism is satanic. The religion of the ancient Hebrews was problematic in the first place because of its “Chosenism”. When Talmudism replaced the Pentateuch during the Babylonian Captivity; Talmudist formulation of Judaism became “The Synagogue of Satan” as it is written ….”

    100% correct, em.

    Looks like we have traveled similar research paths on this.
    Thank you.

    Dear Reader —
    There are very grave implications not just for talmudists themselves but for all those who carry out their satanic plan, down to grunts in the field shooting down innocent farmers etc and even those who mentally accede with them.

  54. @Sarah

    We make the rules, you follow our orders.

    • Thanks: Sarah
    • Replies: @Deep Thought
  55. @littlereddot

    We make the rules, you follow our orders.

    More correctly, “We break the rules we have made.You follow our orders whenever we want.”

    • LOL: littlereddot, Sarah
  56. Che Guava says:
    @showmethereal

    Yes, I guess it’s supposed to be in the memory hole, but I remember the ‘separation by dredging’ threat.

    Bizarre, but it didn’t happen, so three years of mania over a slightly unusual ‘flu variant tops it for stupidity.

  57. camus10 says:

    here again the prolific Pepe Escobar cheering the eastern pole

    cheering is fine Pepe, but where is the substance, as we say here in the usa, where is the beef, dude

    Russia has no precedence of ever holding up their allies (failed syrian defense S400 junk, failed venizuela, failed Libya/Ghadafi, meek cuba). China despite their vast infrastructure progress, is failing to lift its domestic standard of living to first world status; even infant formula and essential medicine are consistent failures. The west does not want your tech products, your seafood and grains are polluted, your honey contains antibiotics…….BRI will be outclassed by the hyperloop, just watch

    global future suffers unless the the west NA/euro recover from their predatory central economies, backed by fem/cabalist subterfuge hollowing its core productivity.

    No one is asking, but Musk (….crypto-zog) could answer what ever happened to the hyperloop, where are the Thorium fusion breeder reactors, when will desalination quench the droughts (that one tech alone could relaunch the wests hold on the parched iran-iraqi-libyan-yemen-saudiroyalty, give them a life after the hydrocarbon exports). How come your satellites could not stop the russian offense in Ukr. Pentagram backed tech oligarchs will ensure independent mom/pop entreprenuers wither. innovation at tech mega-lords will not alleviate or lead the future and its un-natural to hold on that flaccid hope

    • Agree: camus10
    • LOL: showmethereal
    • Troll: mulga mumblebrain
    • Replies: @Maowasayali
  58. @camus10

    BRI will be outclassed by the hyperloop, just watch

    Where are they going to build the Hyperloop? And for whom? For the goyim?

    Have you seen what the Jews did to Phillie?

    Video Link

    Dream on motherfucker.

    • Replies: @camus10
  59. @Irish Savant

    Can’t tell if /sarc

    The obvious answer from the likes of Peter Zeihan is that without the US Navy taking up the White Man’s Burden and keeping global shipping safe from pirates, global trade will collapse as hordes of neoBlackbeards roam the seas yelling “Aaaargh, me hearties!! Avast ye, lubbers!” to every passing supertanker.

    He says that sort of thing unironically.

    I always pay attention to Zeihan, particularly at inflection points. It’s a way to work out what the US State Department wants smart-ish normies to think. His schtick is of a piece with “hard landing for China” headlines in the Western press, which have appeared semi-annually since 1997.

  60. camus10 says:
    @Maowasayali

    moderation of language wd be welcome mao.

    chemical dependency has been the agenda of us intel decades before the urban collapse

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