A few hours after the article A perfect timing for Argentina to resist against the money market tyranny was published on this blog, I read a very interesting article by Chris Tell, published also at ZeroHedge, which describes the new opportunities in the fast changing global geopolitical and economic scenery. Key paragraphs and further comments:
“Taking a look at the news since Ukraine started making headlines shows me that distraction appears to be working. I’m not suggesting this was by design. I don’t think that’s the case. It is, however, convenient for EU policy makers who’ve completely screwed up the European marketplace and are looking for someone to blame. Putin is a Godsend.”
“While all this is taking place I have to wonder where and what other opportunities arise from this very large and accelerating power shift. An active move away from the dollar is underway and has been for some time. What is important now is that this is being accelerated by the public sector and not the private sector. Moves such as the BRICS setting up the financial infrastructure to transact away from the dollar is bold indeed.”
“Actions of this nature, or just the mere consideration of such actions, would have been previously met with threats of tariffs, curtailment of aid or even outright sanctions from the United States. That they are taking place now on a near daily basis shows just how fast the geopolitical landscape is changing. The economic decline evident in the Western, socialist world and the US in particular is evident to anyone not reading CNN. This coupled with Obama’s refusal to curtail the NSA has accelerated both the desire and the fortitude of many countries around the world to proceed to change the status quo.”
The geopolitical landscape indeed changing fast, but the truth is that there is nothing "Socialist" left in the Western world. Former Socialist parties have only kept the "brand name" of Socialism as they have fully adopted the neoliberal policies and agenda. The best proof is that the US and EU destructive policies are guided by private banking-corporate lobbies which are using the politicians-puppets to impose their interests. Former and current banking and corporate executives strongly influence every governmental decision.
As described in the article above, the BRICS are moving away from dollar and this action is being accelerated by the public sector and not the private sector. This is another proof that the Western banking cartels and multinational corporations fear that the neoliberal model they want to impose is being threatened by a rising economic system based on different philosophy.
History shows that when the Western oligarchs feel that their interests are seriously threatened, the result is usually a major war, but this time, things are much more difficult for them.
Related links from the article: