De-dollarization is a key principal of the concept of Resistance Economy
President Putin arrived in Tehran on 1 November for talks with the Ayatollah Khamenei. First, to cement the Nuclear Agreement of 2015 (Vienna), as far as Russia is concerned, thereby sidelining Trump’s attempt at reneging on the agreement.
Second, to sign billions worth of tripartite hydrocarbon deals between Russia, Iran and Azerbeijan. And this in ruble. NOT in US dollars, thus, effectively detaching Iran from the dollar hegemony. In other words – helping Iran in de-dollarizing her economy – and effectively and drastically contributing to diminishing the dollar’s stance as a world reserve currency. That’s “Resistance Economy” at its best.
The Russian leader also referred to Iran as a vital pillar for stability and peace in the Middle East; he lauded Iran’s role in helping defeat the ISIS / Daesh terror and bringing Syria back into control of Damascus.
In addition, Iran will be part of President Xi (China) initiated New Silk Road, or OBI – ‘One Belt Initiative’ – which is already designed in four routes connecting China and Russia throughout Eurasia, the Middle East – and even Africa.
With the western most links of Eurasia, i.e. western Europe – that is, if Europe will finally see the light and accept that the future is in the EAST – also Europe’s future – and that the west, led by Washington into an abyss, is slowly committing suicide by its war atrocities, greed-sponsored terrorism and continuous lies. There is no lie that will not be discovered sooner or later – and when that happens a quantum shift in public opinion may take place and the west’s credibility and the fake abusive debt-and-interest based dollar economy will become a collapsing Ponzi scheme.
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With the western most links of Eurasia, i.e. western Europe – that is, if Europe will finally see the light and accept that the future is in the EAST
ReplyDeleteThat’ll be a stretch. The West, particularly the USA, is far too arrogant. Won’t happen.
The choice is between economic ties with the US or economic ties with Russia and war with the US.
ReplyDeleteeconomic ties with Russia doesn't mean war with the US, necessarily. It can mean the US is ignored.
ReplyDeleteThe US will go to war to preserve economic domination.
ReplyDeleteDumb move.
ReplyDeleteWhen was the last time the US did anything smart?
ReplyDelete