“China
and Russia are changing the financial architecture of the world,
award-winning author, sociologist and geopolitical analyst Mahdi
Darius Nazemroaya emphasizes, recommending the Wall Street financial
elite to focus on America's domestic problems instead of trying to
undermine China's economy. The rise of the yuan sends shivers down
the spine of America's financial elite: fearing that the dollar's
decline is just around the corner Wall Street financiers are making
vain attempts to damage the Chinese stock market and undermine
investors' confidence in China's currency.”
“The
US-led economic world order is being altered by China and Russia,
which are so far directly challenging the monopoly of the
Washington-influenced Bretton Woods system. At the same time, the EU
banks and governments find the Chinese currency very attractive due
to its stability. Thus far, Washington and Wall Street have launched
a financial war against Beijing and Moscow.”
“The US
Congress and White House accused Beijing of "financial
manipulation." But the truth of the matter is that the US
financial elite wanted the Chinese to let the yuan to rise thus far
ruining the country's economy.”
“Instead
of waging financial wars against China, Washington and Wall Street
should be focused on the US' own domestic problems, Nazemroaya
remarked, adding that 'despite the wishes of Wall Street and
Washington, the Silk World Order is moving forward.'”
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As BRICS
are in the processes to decouple economies from the Western
neoliberal monetary monopoly, they could bring back the gold
standard as a base for their transactions, which is much more
steady than the paper money unstable financial bubbles. They are
ready, because they are emerging economies with billions of
potencial consumer tanks and can attract other countries too being
victims of the international financial mafia, like Argentina and
Greece.
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Putin will seek further autonomy
for the Russian economy and further state control of the banking
system in order to protect it by foreign financial speculative
games. It seems that BRICS increasingly gaining financial
independence from the Western neoliberal bloc. This will bring
further panic to the Western oligarchs as may fear that a fast
growing Russian economy could become a new model for other
countries even from the Western sphere of influence.
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