{"id":115257,"date":"2022-05-07T09:23:47","date_gmt":"2022-05-07T13:23:47","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=115257"},"modified":"2022-05-07T09:23:47","modified_gmt":"2022-05-07T13:23:47","slug":"its-a-full-blown-economic-world-war-between-the-east-and-the-west","status":"publish","type":"post","link":"https:\/\/stateofthenation.co\/?p=115257","title":{"rendered":"

It’s a full-blown Economic World War between the East and the West!<\/b><\/h2>"},"content":{"rendered":"

Economic World War: Who Benefits
\nAnd How Much Time Is Left?<\/strong><\/h1>\n

By BRANDON SMITH<\/p>\n

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This article was written by Brandon Smith and originally published at\u00a0Birch Gold Group<\/a><\/em><\/p>\n

I have been warning about an inevitable East vs. West economic war for many years now. The question was never a matter of likelihood, it was always just a matter of timing. When would the most convenient time be for World War III?<\/p>\n

The issue of \u201cconvenience\u201d might sound odd, but I want readers to remember one rule: All wars are banker wars. The only wars that are not are wars of rebellion against the bankers.<\/p>\n

There is nothing you cannot eventually understand in terms of geopolitics as long as you accept the fact that international conflicts are generally engineered and are always designed to benefit a particular group of establishment power brokers and financial elites. If you are one of those people who assumes all of these events are merely \u201crandom and unfortunate coincidences\u201d then you\u2019ll remain in the dark for the rest of your life \u2013 and you will never grasp why terrible things are happening to you as the world falls apart. You will go to an early grave because you were unprepared while still thinking you were the smartest person in the room.<\/p>\n

In my article\u00a0Order out of Chaos: How the Ukraine Conflict Is Designed to Benefit Globalists<\/a><\/em>, I outlined the many factors that connect the Kremlin to globalist institutions like the World Economic Forum (WEF), the Bank of International Settlements (BIS), the International Monetary Fund (IMF), elitists like Henry Kissinger and international banks like Goldman Sachs. The reality is, Russia has long been attached to globalist interests and this is not going to change because of the war in Ukraine, just as it did not change after Russia annexed Crimea.<\/p>\n

China is, of course, even worse when it comes to collusion with globalist institutions. The nation accrued trillions of dollars in debt because\u00a0this is a prerequisite<\/a>\u00a0for joining the IMF\u2019s Special Drawing Rights (SDR) basket of currencies. Yes, China went from being a nation of minimal debt to being trillions in the red just because the IMF demands \u201cliquidity\u201d for a nation\u2019s currency and bond instruments to be considered viable for their global centralization initiative. This is not the behavior of a country that is anti-globalist.<\/p>\n

I\u2019m not going to continue rehashing the facts surrounding eastern nations and their attachments to the globalists here. I\u2019ve already done that for well over a decade and frankly I grow tired of having to rehash the lessons that brilliant researchers like Antony Sutton expertly addressed back before I was born. If there\u2019s a major war, then there are globalists behind it influencing both sides and seeking to gain more power. If you haven\u2019t figured this out by now, then you never will.<\/p>\n

Here Is What War Is Good For<\/strong><\/p>\n

Why engineer a war? Simple \u2013 when you play both sides of a chess game, you always end up the winner. Beyond that, chaos is the ultimate recipe for advancing draconian agendas that the public would never allow to pass during peacetime.<\/p>\n

What I want to examine here instead is the issue of timing and development; how is this massive economic war going to play out and how long will it take to happen? Once we understand the stages, maybe we can brace for impact and take actions to change the outcome.<\/p>\n

The first step is to acknowledge that the ball is in the court of eastern nations and that their actions will dictate the pace of events.<\/p>\n

The Economic Lesson The West Has Forgotten<\/strong><\/p>\n

True wealth has nothing to do with money or debt creation; true wealth comes from resources, the means of production and labor. This is something the Marxists actually got right in their philosophy; the problem is that Marxists are only interested in ways to steal labor, resources and production while making the public think that such theft is for their own good.<\/p>\n

Eastern nations continue to understand what real wealth is. You can have all the money in the world but if you have no manufacturing base or resource development then you have nothing. It\u2019s as simple as that. If a nation has no resource development and no means of production, no printing press is going to save its economy.<\/p>\n

The West has abandoned much of its means of production and has crippled the exploration of its own resources through fake environmental concerns like \u201ccarbon pollution.\u201d The East has not done this, at least not in a way that affects long term productivity. Therefore, the East is in the strongest position to survive a global economic conflict.<\/p>\n

But the real key to the progression of an economic world war is the combination of countries involved and their trade agreements.<\/p>\n

Russia and China, for example, have been developing bilateral trade meant to cut out the U.S. dollar for many years. Russia is resource-rich, and China has the world\u2019s largest manufacturing and export base. An alliance makes perfect economic sense, and this is what has happened.<\/p>\n

Only weeks before the invasion of Ukraine, Russia signed a 30-year oil and gas contract with China worth hundreds of billions of dollars. This deal coincides with the construction of a\u00a0major pipeline from Russia to China<\/a>\u00a0which will be completed by 2025.<\/p>\n

India also made arrangements<\/a>\u00a0for increased oil shipments from Russia, and will pay without the dollar (formerly the world\u2019s sole petro-currency). Furthermore, the promise of lower prices while the rest of the oil world is experiencing rapid inflation in energy prices is highly tempting for those purchasing oil, natural gas or coal from Russia.<\/p>\n

The other nations of the BRICS bloc (Brazil, India, China and South Africa) have all been highly active in trade with Russia despite western sanctions and the removal of Russian banks from the\u00a0SWIFT<\/em>\u00a0international payments network. This is exactly what\u00a0I predicted would happen\u00a0<\/a>many\u00a0years ago.<\/a><\/p>\n

But how does this trading bloc affect the time frame of the world war?<\/p>\n

An Economic War Has Economic Targets<\/strong><\/p>\n

It has been my belief that the real target of this war is not Russia or China, but the U.S. dollar and the American economy. Yes, there will be far reaching financial consequences beyond the U.S., but our economy is the only economy that is completely reliant on our currency\u2019s global reserve status.<\/p>\n

A world war using economic weapons and tactics is the worst type of war we could fight because it is not one we can win. The dollar\u2019s global reserve status is our Achilles heel. It is not a strength, but a weakness. While all eyes are on the shooting war in Ukraine on the other side of the planet, very few realize that the worst damage is going to hit us right here at home.<\/p>\n

The sanctions on Russia are only a part of the problem, as this is creating momentum towards a general decoupling from the dollar trade. The bigger issue is the BRICS nations (and their export\/import partners) who will refuse to accept sanctions because they are economically dependent on each other.<\/p>\n

One example is the\u00a0recent announcement by Hungary<\/a>\u00a0that they plan to refuse any cuts to Russian oil and gas imports. Why? Because this would cause an energy crisis in their country, one they couldn\u2019t recover from. Many other nations are following this logic around the world, and if NATO is going to continue pushing for economic isolation of Russia, then those countries will invariably stop using the dollar as their reserve currency.<\/p>\n

Why, you might ask, does Russia\u2019s economic isolation lead to the end of the dollar\u2019s global reserve status? Here\u2019s why: when the Biden administration and the European Union (EU) sanctioned Russia, they\u00a0also\u00a0<\/em>froze Russia\u2019s U.S. dollar accounts and terminated Russia\u2019s connection with the international payments platform. The rest of the world watched the West financially cancel Russia, and this act of economic warfare revealed a nearly-unthinkable conclusion:\u00a0If they did it to Russia, they could do it to us, to<\/em>o.<\/p>\n

Naturally, many countries will take measures to distance themselves from dependency on US and western financial systems and currencies. As Credit Suisse\u2019s global head of interest rate strategy\u00a0Zoltan Poszar told Bloomberg<\/a>\u2019s \u201cOdd Lots\u201d show:<\/p>\n

\u201c\u2026wars tend to turn into major junctures for global currencies, and with Russia losing access to its foreign currency reserves, a message has been sent to all countries that they can\u2019t count on these money stashes to actually be theirs in the event of tension. As such, it may make less and less sense for global reserve managers to hold dollars for safety, given that they could be taken away right when they\u2019re most needed.\u201d<\/strong><\/p>\n

In other words, the establishment elites in the US and Europe are creating the very conditions which will end up destroying the dollar.<\/p>\n

The dollar\u2019s status is entirely dependent on faith and belief in its demand. If demand for dollars wavers because of global sanctions, then all those trillions of greenbacks held in overseas banks will come flooding back into the U.S., shoving the nation deeper into stagflationary crisis. The globalists are perfectly aware that this will be the consequence. In fact, they\u2019re counting on it.<\/p>\n

Eight Years Until Dystopia?<\/strong><\/p>\n

The year 2030 is consistently mentioned by the United Nations, the IMF, the WEF and the rest of the cabal of globalist institutions as the end game date for their Great Reset agenda.<\/p>\n

If a global economic crisis is the catalyst as it appears to be, then several years would be required to let the collapse play out \u2013 along with the introduction of a \u201csolution\u201d to the problem. This means that the economic war will have to accelerate quickly going into the next year.<\/p>\n

Today we are already seeing 40 year highs in inflation, along with considerable supply chain disruptions. Multiple globalist foundations are \u201cpredicting\u201d food shortages around the world in the next 3-6 months. I believe the war itself will expand rapidly within a year to include China, and most of the damage will be done by the end of 2024. This will all depend on how fast exporters (mainly China) dump the dollar; the dollar dump will be the primary trigger.<\/p>\n

A significant part of the WEF\u2019s Great Reset agenda and the IMF\u2019s Special Drawing Rights global digital currency initiative require the end of the dollar as the world\u2019s reserve currency. This is a process the globalists have been\u00a0talking about openly<\/a>\u00a0for some time. It\u2019s not \u201cconspiracy theory,\u201d it is conspiracy reality. The IMF has argued on many occasions that the global currency framework must be\u00a0\u201cmanaged\u201d by a centralized entity<\/a>\u00a0that can prevent national governments from exploiting currency trade for their own ends, and this\u00a0includes digital currencies<\/a>.<\/p>\n

The stage is already set for this narrative. The U.S. will be painted as an example of why nationalism is a \u201cpath to disaster\u201d and why no single nation should be trusted with so much power in the form of a world reserve currency. That kind of power tempts governments not only into excessive money creation and debt-financed spending sprees. New money is fabricated to pay for old debts, thus debasing and degrading the dollar\u2019s purchasing power worldwide (also known as inflation).<\/p>\n

Thus, it is only \u201clogical\u201d that a global central authority with no national loyalties be put in control of an \u201cinternational\u201d reserve currency, right? Maybe a multi-currency-based basket system, or, perhaps, a single world currency to prevent any future tragedies and abuses of power from ever happening again. Wouldn\u2019t that make you feel safe?<\/p>\n

Don\u2019t Be fooled. It\u2019s A Complete Con.<\/strong><\/p>\n

World war, whether economic or kinetic, and the death of the dollar as the global reserve currency is a perfect excuse for the \u201crational\u201d introduction of a global financial oligarchy.<\/p>\n

And, unlike its predecessors, this ruling council would operate right out in the daylight for everyone to see, not in the shadows deep in the bowels of central banking cartels. Their authority would be \u201cofficial,\u201d and their control established as necessary, even vital for world stability.<\/p>\n

This is the same thing that has happened after every major war or world war; the argument is made that national sovereignty was the cause and that nation states should not exist because when people are left to organize into groups they might form differing ideas on how to live, and differing ideas cause conflict.<\/p>\n

After World War I, they introduced the League of Nations. After World War II, they established the UN and the IMF. And, after today\u2019s economic World War III, they will try to implement a program for a one world currency and global economic governance.<\/p>\n

Globalists claim it is better for there to be no sovereignty, no groups and no differing ideas. \u201cWe need one homogeneous global collective with a single hive mind,\u201d goes the argument, \u201cso that no conflict ever happens.\u201d Of course, they get to have their own group, and that group intends to garner all the benefits of the crisis and the power that will be derived from the panic.<\/p>\n

With that warning, I leave you with a quote from globalist and Council on Foreign Relations member\u00a0Richard Gardner, published in\u00a0Foreign Affairs<\/em>\u00a0magazine<\/a>\u00a0in 1974, which I think drives home the reality of the people we are dealing with:<\/p>\n

\u201cIn short, the \u201chouse of world order\u201d will have to be built from the bottom up rather than from the top down. It will look like a great \u201cbooming, buzzing confusion,\u201d to use William James\u2019 famous description of reality, but an end run around national sovereignty, eroding it piece by piece, will accomplish much more than the old-fashioned frontal assault.\u201d<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n

___
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