And while the "West" flirts with Holy War, Beijing's state-sponsored corporations have been buying commodities like crazy all across the Middle East, North Africa and South America -- as well as stockpiling rare earths for strategic reserves. China produces no less than 97% of the world's rare earths -- used on everything from iPads to those shiny new missiles now frying in the Arabian desert.
Other side effects as in "the price to pay" for the bypassing of the UN and the obsession on NATO as global Robocop will be inevitable. It shouldn't be forgotten that the Holy War on Syria is a stopover on the way to Tehran. For instance, a new system of maritime insurance, as well as a new international exchange mechanism -- bypassing Western diktats -- may be about to be born.
Yet the most important element may be a concerted move by Russia, Iran and China to reorganize the global energy market by transacting outside of the petrodollar.
This is the Holy Grail of the Holy War -- not Syria; one thing is for Tehran to accept euros as payment for its oil and gas; another thing is to accept gold. On top of it with full support from both Russia and China.
In a nutshell; the whole Holy War syndrome is accelerating the end of the US dollar as global reserve currency. And when it happens, will there be an American Spring? Or will US elites -- like the Mob -- have the guts, and the muscle, to force Russia and China to pay the price?
Note:
1. NATOGCC is a compound of the North Atlantic treaty Organization and the Gulf Cooperation Council.
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
3
3
3
