Wednesday, November 12, 2014

Yves Smith — Russia to Launch New Payments System to Circumvent SWIFT Network


Yves comments on Putin's move to end run the dollar to break the neoliberals lock on the global economy.

What Yves doesn't mention is that this is becoming increasingly clear that the American Empire is controlled by the deep state, made up of corporate interests, in particular Big Finance, Big Oil, the military-industrial complex and the intelligence services. The deep state persists across changing administrations and like the bureaucracy gives stability and continuity to US policy, strategy and tactics internationally in promoting neoliberalism and its children, neo-imperialism and neocolonialism. The US deep state is joined at the hip with the UK deep state and the American Empire is the continuance of the British Empire.

One of the chief tools is control of the dollar and the two major global financial centers, New York and London. The BRICS and other merging nations have figured this out and are taking steps individually and jointly to avoid the neoliberal trap.

Naked Capitalism
Russia to Launch New Payments System to Circumvent SWIFT Network
Yves Smith

1 comment:

Anonymous said...


What Yves doesn't mention is that this is becoming increasingly clear that the American Empire is controlled by the deep state, made up of corporate interests, in particular Big Finance, Big Oil, the military-industrial complex and the intelligence services.

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"Increasingly clear?" It's been glarily, blindingly clear for at least 4 decades. What's becoming increasingly clear is how wooden-headed, ignorant, passive, myth-driven, and brainwashed is the American, including the bought-and-paid-for conventionalism and moral mediocrity of intellectuals.