by armati on Tue Oct 10, 2017 3:23 pm
Many are the turning points with individual nations, once firmly in the Western alliance camp, but no longer. They are flipping eastward or in the case of China cutting the major cords. The Shanghai developments are by far the most important in the financial setting. The Petro-Dollar is seeing its last months after a 43-year reign as defacto standard. Its retirement will begin in the East, then spread to the decaying loyal Western nations. The entire geopolitical chessboard is becoming more aligned with the Eurasian Trade Zone, one nation after another. Its cornerstones are Russia, China, and increasingly Iran. It has gathered some Eastern European countries like Turkey, and will gather more. It has pursued the Middle East oil monarchies, and will succeed in lassoing them into the zone corral. Whether they deploy financial connections, or trade ties, or security links, these nations no longer see the United States and British (who walk the American dog with a monetary leash) as the leading global players any longer. The leaders are China with its financial and industrial might and Russia with its energy and commodity strength.
As the global structure shifts in alignment, many nations will be involved in the shifts directly. It can be perceived as chess pieces in movement. The many bilateral connections are being altered, so as to fit within the new forces. The power center is moving from West to East, although certainly very slowly. Some call it a giant ship changing course, but the Jackass thinks of it more as a very large baby being formed with numerous umbilical cords, which requires a very long gestation period like that for an elephant. The Eastern centers must remove the vestiges of old colonial power links. It is a very slow process, whereby the East must accept losses from the uprooted stanchions. The Eastern leaders measure their risks, make the changes, and consider the losses as part of a reorganization much like done with the better observed structural changes done by IBM or Chrysler.
Walls on all continents are seeing more clear graffiti. The writing is on the walls for the King Dollar first relinquishing its dominant position, then soon permitting a peaceful coexistence with the Chinese RMB, and later suffering the ignominy of gradual more complete removal as global currency reserve. Expect next to see a wider recognition of the Dual Universe, with the USD pitted against the RMB but without war. The current challenges are numerous, significant, and undeniable. The following nations are central to the global paradigm shift in progress. Cited are some key events in the shift. They have two themes in common, energy pacts and financial flight from the King Dollar. The more full description with effects, angles, and players is included in the October Hat Trick Letter, now in the production phase.
CHINA LEADS IN NON-USD PLATFORMS
The Shanghai-based oil for gold futures contract has been heralded
Russian oil delivery to China has been paid in RMB terms for two years
Russians use Sverbank offices in Beijing to redeem RMB in gold bullion
Numerous non-USD platforms are well along in usage
Numerous large construction projects have begun under One Belt One Road
Several dozen countries are onboard the OBOR smorgasbord table (not USA)
The Eurasian Trade Zone is taking shape with Russian full lead cooperation
SAUDI ARABIA SHEDS THE PETRO-DOLLAR
The Chinese have cut several energy and investment deals inside Saudi Arabia
The Chinese seek oil sales in RMB payment terms for Saudi oil
The Chinese are engaged in the ARAMCO oil conglomerate IPO investment
The Russians and Saudis have signed military deals for missile defense
The Chinese and Saudis have signed military deals for missile defense
The Saudis have signed an energy supply deal with Russian Rosneft
The Saudis have entered into agreement with Russian Oil Consortium
TURKEY REACTS TO FAILED US-LED COUP
The NATO forces from US and Europe have left the Incirlik AirForce Base
US heroin from Afghanistan has been diverted from Turkey to Germany and Italy
Turkish Govt seeks coup participants hiding in Germany, under their protection
Russians have resumed the large projects for nuke plants and natgas storage centers
Russians have resumed the Turkish Stream pipeline to connect to Gazprom
Turkey’s neighbor nations are cooperating in the pipeline construction
Turkey signed a big contract with the Russians for missile defense system
GERMANY RESISTS WASHINGTON SANCTIONS
Numerous German companies have worked to create Russian subsidiaries
German corporate executives have registered complaints to government officials
German Govt resists calls by Washington to make bigger NATO contributions
German Govt and companies howl in opposition to USGovt sanctions
United States logged sanctions against German companies on Nord Stream 2 project
JAPAN MAKES MORE RUSSIAN ENERGY TIES
Japan has joined several important non-USD platforms led by China
Japan has been working actively with Russia on LNG projects
Japan has been funding Russian oil pipelines in supply routes
VENEZUELA EXITS USDOLLAR COMPLETELY
Caracas regime will conduct no further energy sales in USD terms
Regime is vulnerable to very large debts to Chinese, at risk of default
Regime signed contract with Russian Rosneft on supply deals
Venezuela requires sweet crude from foreign sources in mixture procedures
The Venezuelans have entered into agreement with Russian Oil Consortium
ENGLAND SEEKS EASTERN FINANCIALS
The British Exit has left the London Centre vulnerable
The London passport has been removed, as London seeks new partnerships
London must recover from approximately 20% lost financial business
Suspicions rise for important financial partnership deals with Chinese Govt
Look for China to confirm greater currency and bond trading at London Hub
Look for London to possibly act as gold source agent for China in oil trade
SYRIA REQUESTS RECONSTRUCTION
United States and Israel continue to secretly seize Leviathan energy deposit claims
Syria continues to work toward completion of Iran Gas Pipeline, earning US anger
US & Israel continue to use their ISIS tool in wrecking the Syrian Economy
US & Israel continue to use their ISIS tool in obstruction of natural gas pipeline
Syria seeks reconstruction funds and management from Russia & China
AUSTRALIA CONTENDS WITH FINANCIAL COLONIZATION
Fifteen years of heavy Chinese investment peaked in mining and port facilities
Australian Govt at edge of financial bankruptcy as result of US-led arms purchases
They attempt to limit further Chinese investment
But Australia has become a Chinese commercial colony
The process involves both investment and residence
SINGAPORE SHIFTS TOWARD EASTERN AXIS
The Singapore Govt has signed onto numerous Chinese-led non-USD platforms
An increasing number of trade deals have come with Beijing
They move slowly away from total US-UK alignment
MEXICO FIGHTS BANKRUPTCY
Mexican Govt in talks with Russian Rosneft for a large scale oil deal
Mexico urgently needs funds for managing budget deficits
Mexico opened up off-shore energy bids for foreign companies
Expect Rosneft to win some of the bids for new discovery concessions
Mexico openly discusses the silver standard for currency in their Congress
Jim Willie
