How “Russian-Chinese partners” will bury the dollar

74
Russian-Chinese efforts to overthrow the US dollar are about to lead to victory. Some foreign observers hint at this. The empire of the West leads an unfair financial policy, and V. V. Putin and Comrade X are "concerned."





Analyst Manlio Dinucci (Manlio Dinucci), whose material is published on the web site Voltaire, assures its readers that Russia and China "united against the empire of the dollar."

According to Dinucci, the one who believes that “armed conflicts occurring all over the world” are in no way connected with each other is mistaken. In fact, “almost all of them” are related to the “American Empire of the West” and BRICS - the alliance of states seeking to create an “alternative international order”. This power struggle in the world is played out using two forces: military and financial, Dinucci is convinced.

The “wide arc of tension and conflict” was outlined. It "extends from East Asia to Central Asia, from the Middle East to Europe, from Africa to Latin America," the author lists. “Hot spots” along this intercontinental arc: the Korean Peninsula, the South China Sea, Afghanistan, Iraq, Iran, Ukraine, Libya, Venezuela, etc.

All these conflicts have different history and its geopolitical features. However, there is a "thread that stitches them together." This is a strategy deployed by the "American Empire of the West." The Empire is now “in decline”, but its goal remains the same - “not to let it rise” to the new states.

The BRICS Summit (Brazil, Russia, India, China and South Africa), which was held in September in Xiamen (China), caused real fear in Washington.

President Putin “expressed concern” of the BRICS countries related to the unfairness of the global financial and economic architecture, which does not take into account the growing weight of countries with developing economies. He stressed the need to overcome the excessive dominance of a limited number of reserve currencies.

This message was "clearly addressed" to the US dollar, which occupies two thirds in the volume of circulation of world reserve currencies. In addition, it is for dollars today that it is customary to sell oil and other strategic raw materials, as well as gold.

This state of affairs allows the United States to maintain a dominant position in the world, printing dollars, the value of which "is not based on the real economic opportunities of the United States," the analyst writes.

But here are three significant events that can put an end to US domination:

1. A year ago, the Chinese yuan entered the IMF’s currency basket, where it joined the company of the dollar, euro, yen and pound sterling.

2. Beijing is on the verge of launching contracts in yuan (convertible into gold) for the purchase of oil.

3. BRICS requests a revision of quotas in the IMF (the number of votes assigned to each country). This is due to the fact that the United States alone has more than double the votes than the Latin American countries of 24 (including Mexico), and the number of votes of G7 is three times that of the BRICS group of countries.

Washington is looking at a Russian-Chinese partnership with growing concern. There are many reasons for this:

- trade between the two countries is growing rapidly and should reach the 80 index of billions of dollars already this year;

- the number of cooperation agreements between China and Russia increased in the following sectors: energy, agriculture, aeronautics, space and infrastructure;

- announced that the Chinese company will buy 14% of Rosneft, and Russia will supply gas (38 billion cubic meters per year!) To China through the new Power of Siberia gas pipeline (will start functioning in 2019 year). This will open the way for the export of Russian energy to the east. And the West (first of all Europe) with its sanctions will sit here in a puddle.

The US is losing its position from an economic point of view. Today, they have nothing left but to “balance” on the verge of military power and political influence. “US military pressure in the South China Sea and the Korean Peninsula, the US and NATO wars in Afghanistan, the Middle East and Africa, the“ push ”of the US and NATO in Ukraine and the subsequent confrontation with Russia” seem to be part of the same strategy for the analyst. He writes all this in the format of a “global confrontation with the Russian-Chinese partnership.”

Such a strategy, I am sure Manlio Dinucci, is also part of the plan for the collapse of the BRICS union. This is evident to the author from the swaying by the American strategists of Brazil, and indeed of the entire Latin America.

For example, the head of the US Southern Command, Kurt Tidd, is already “preparing a military version,” which Trump had previously threatened to use against Venezuela. At the Senate hearing, Mr. Tidd accused Russia and China of having a negative impact on Latin America, which allegedly intends to implement its “alternative” to the international order.

We note that the author doesn’t say anything about any real geopolitical advancement of the “Russian-Chinese partners” in Venezuela and in Latin America as a whole. It is not surprising: the oil socialism of Venezuela is rapidly plunging the country into poverty, and its leadership traditionally blames Washington for all its sins, engaging in demagogy mixed with conspiracy. What “alternative” to the international order can a poor Venezuela offer, let alone realize, in which an economic and political crisis is rampant and unrest continues? It is clear that no.

As for the BRICS, then we should rather talk about one “K”. China does not lead a “Russian-Chinese strategy,” but its own. China put in the IMF basket not the Russian ruble and not the Indian rupee, but its own yuan. China is promoting its New Silk Road all over the world, and not someone else's. To think that China is interested in equal partners, with whom he will “attack” the dollar or, say, the euro, in order to then build a bright future for everyone, is simply naive. Who dared, he ate.

Observed and commented on Oleg Chuvakin
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    74 comments
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    1. +3
      25 September 2017 15: 07
      Here the other day we announced ... that tax revenues exceeded oil and gas revenues ... that is, it seems we are gaining financial independence ...
      1. +10
        25 September 2017 17: 58
        Hard to believe Dude. Often, very often he describes the delirium of a drunken hedgehog in the fog.
        1. +9
          25 September 2017 18: 46
          Yes, how many button accordions tore at the funeral of the dollar ...
          And he, the bastard, is digging out.
          1. +2
            25 September 2017 19: 41
            this music will be eternal, while a fairy tale about a buried dollar (gold) in the country of fools can earn a lot of money, naturally on fools.
        2. +11
          25 September 2017 19: 30
          Dude, just cited the opinion of an Italian journalist.

          Have you ever read an article? Or so ... just speak the truth?
          1. +2
            26 September 2017 14: 02
            Quote: gladcu2
            Dude, just cited the opinion of an Italian journalist.


            Hey. And besides, there is such a thing as statistics.

            So it’s not very fast but we are moving away from the “green calf”. Yes
      2. +1
        26 September 2017 08: 30
        Quote: Vard
        Here the other day we announced ... that tax revenues exceeded oil and gas revenues ... that is, it seems we are gaining financial independence ...


        Fiction needs to be SELECTED to read, and not listen to ALL CONTRACTS WITHOUT Parsing!
    2. +14
      25 September 2017 15: 18
      I've been reading this collapse of the dollar for several years, and Russia is investing more and more dough in US bonds
      1. +11
        25 September 2017 15: 57
        and Russia invests more and more dough in US bonds


        how tired of reading this nonsense

        I've been reading this collapse of the dollar for several years


        you'd better read something else

      2. +4
        26 September 2017 01: 19
        Not more, Tanya, but less. Ie does not invest, but extracts from bonds. Like China.
        You would really read something else that you at least understand a little - or even hang an illustration with a dead Zbig in a completely different topic that you were trying to say with your letters.
        1. 0
          26 September 2017 10: 31
          Quote: Serge Khan
          You would really read something else,

          I read what I think is necessary and leave my opinion and do not need instructions, the last time I bought bonds was in March 17, and before that I was thrown off to maintain the ruble exchange rate in the situation with the Crimea and sanctions, which indicates a direct dependence on the dollar, you still do not take into account the outflow of capital according to the statements of the Central Bank doubled in a year, certainly not in rubles)), but a dead bzhek does not mean that his business does not continue to live, still look at how many were taken offshore http://www.trud.ru/article/23- 08-2017 / 1353603_ros
          sijskie_bogachi_vyveli_v_ofshory_trillion_dollaro
          v.html
          Well, about Tanya, either you yourself did not read books in your childhood — not knowing what the Tatanka means in the name of the Indian leader, or your post does not apply to me — choose you
          1. 0
            31 January 2018 17: 39
            I don’t give a damn what Tatan means in the name of the Indian leader. We are on the Russian site. I strongly do not recommend flooding by idiotic explanations of your idiotic nickname.
            As for the topic, you should know that the state reserve funds of the Russian Federation actually ceased to exist due to the lack of funds in them. At the same time, your blah blah with the words dollar and ruble has nothing to do with the topic - I won’t explain why, you still won’t understand if you’re our chief Indian.
            )))
      3. KAV
        0
        26 September 2017 21: 44
        Quote: Tatanka Yotanka
        and Russia invests more and more dough in US bonds

        Really already got it with these quotes! Start 3MB - neither any savings nor anyone will help, especially these tattered green pieces of paper!
        PS And yes, your beloved Brzezinski, along with his strategy for the destruction of Russia, has long been a dohlik. And to him, and even to Rockefeller, no money helped to survive his death!
        1. 0
          26 September 2017 22: 36
          Quote: KAV
          has long been a dohlik.

          Thank you for reminding, I wrote about it myself
          Quote: KAV
          Your favorite brzezinski

          never admitted to him)) - but jealousy gives you reason to blame
          Quote: KAV
          Start 3MB - neither any savings nor anyone will help, especially these tattered green pieces of paper!

          I completely agree like rubles, yuan, Tugriks, but in the article not a word about 3MB
          1. 0
            27 September 2017 21: 45
            Oh ... You rub this to the pseudo-patriots, and to no purpose.
    3. +4
      25 September 2017 15: 18
      Oh, a long time ago there were no dollar buryers, and here again. The author just forgot the classic mantras about public debt to mention. wink
      1. +3
        25 September 2017 16: 00
        The author just forgot the classic mantras about public debt to mention. wink


        there is no debt and it does not mean anything, right?) the USA is beautiful)
        1. +4
          25 September 2017 16: 17
          Finally. And then without debt the article is not set off.
          1. +3
            25 September 2017 16: 20
            the video went along with you logic or what? and how to laugh at the logic?)

            Feel like a comedian?)
            1. +4
              25 September 2017 16: 26
              Humor here only you. There are so many brackets. Or hysteria? I don’t understand in any way.
              1. +4
                25 September 2017 16: 32
                Or hysteria?


                Yes, I'm hysterical. After all, anyone who appeals to logic is hysterical, right?)

                insert another video, otherwise I began to forget about the power of the usa
                1. +6
                  25 September 2017 17: 58
                  Oh, the boy began to take offense. So be it, I’ll insert another video. Here is just a collection of all phrases from manuals.
                  1. +1
                    25 September 2017 21: 02
                    It’s interesting how the dollar “falls” every year. From 2014-2017, the ruble fell by 23 rubles
                    against the dollar. I carefully watched excerpts from the news. A pure fabrication of facts.
        2. +2
          25 September 2017 16: 28
          Quote: c-Petrov
          The author just forgot the classic mantras about public debt to mention. wink


          there is no debt and it does not mean anything, right?) the USA is beautiful)

          There is debt, but debt is the guarantee that China will not "bury" the dollar. He will slowly push him away.
          I do not think that China wants to lose its bonds of American debt plus lose the main (American) market for its goods.
          1. +6
            25 September 2017 16: 35
            He will slowly push him away.


            everyone understands that this process is gaining momentum. and the dominance of $ will decrease every day, which is already happening.

            forecasts of an imminent collapse are of course embellished, but you can’t argue against objectivity - the process is complex, dangerous, but when there is a goal and different countries strive for this, there will be exhaust.

            it’s one thing to extinguish Gaddafi for his African currency, another thing is when countries such as China, the Russian Federation, Iran and others displace the dollar from the structure of mutual settlements in trade.

            And the weaker the empire is, the faster this process will go.

            1. +2
              25 September 2017 17: 48
              Quote: s-t Petrov
              forecasts of an imminent collapse are of course embellished, but you can’t argue against objectivity - the process is complex, dangerous, but when there is a goal and different countries strive for this, there will be exhaust.

              My (and not only mine) opinion is that, of course, only China can push the dollar with economic leverage.

              But, ironically, it’s not profitable for him now.
              As I said, the United States is the largest market for Chinese goods and, as a result, the main source of income. In addition, China still needs a number of technologies from the United States. Europe and South Korea do not fully possess military and information technologies.
              Actually, that's why China devalues ​​the yuan. And as soon as the United States becomes uninteresting to China, or (rather) the profit from taking the hegemonic role significantly exceeds the profit from trade with the United States, China will not hesitate to push the United States on the sidelines.
              At this point, China will try to buy up American technology or replace it with its own.
              1. +2
                25 September 2017 21: 43
                iconst

                The concept of debt is a moral value.

                The value of physical, duty becomes if it is supported by physical strength.

                While the debtor is strong with him about the return of the debt are traded, however, realizing that there will be no age.
                But debt trading does exist, because a force that is ready to ask for debt becomes more confident.

                This primarily concerns the economy.

                China has a group A industry, and a group B industry. Russia has resources. Sharing benefits through a basket of currencies. You understand that no one is going to unfasten profit to the dollar anymore.

                Hence the gradual and gradual decline in the influence of dollars.

                We also remember that an agreement with the Saudis on petrodollar also exists in the region to maintain US dominance. They de, protect the Saudis, from Israel and Co.
                But today, the dominance of Russia in the region. So the contract is also one.

                A dollar would be good if a little honesty were added under it.
                1. +1
                  25 September 2017 22: 04
                  Quote: gladcu2
                  iconst

                  The concept of debt is a moral value.

                  The value of physical, duty becomes if it is supported by physical strength.

                  While the debtor is strong with him about the return of the debt are traded, however, realizing that there will be no age.
                  But debt trading does exist, because a force that is ready to ask for debt becomes more confident.

                  This primarily concerns the economy.

                  China has a group A industry, and a group B industry. Russia has resources. Sharing benefits through a basket of currencies. You understand that no one is going to unfasten profit to the dollar anymore.

                  Hence the gradual and gradual decline in the influence of dollars.

                  We also remember that an agreement with the Saudis on petrodollar also exists in the region to maintain US dominance. They de, protect the Saudis, from Israel and Co.
                  But today, the dominance of Russia in the region. So the contract is also one.

                  A dollar would be good if a little honesty were added under it.

                  I don’t quite understand what you mean.
                  American debt, for all its size, is not the biggest problem. A little over 100% of GDP. Well, let their GDP be a little crafty. Well 125%.
                  So what? Japan is approaching 300%. We are silent about Greece, Portugal. The Japanese even know how to work and service their debt, but these generally do not want anything. They are sitting in tranches.

                  Are you hinting that the Americans will just take it and "throw" it? Well, maybe they will, and even do so, only it will already be a "swan song."
                  They will try, if it becomes critical, by other methods to pay off debts.

                  But, as I said, external debt is not as bad as internal "bubbles." Right now, the Fed is closely tackling this problem - since October, they have turned on the "vacuum cleaner". They will try to bring their assets into commercial banks and “burn” the “extra” dollars. How they will succeed - we'll see.
          2. +2
            26 September 2017 01: 25
            I don't think China is willing to lose its bonds

            Your problem is that you are trying to judge Chinese preferences by American manuals. Judging by these manuals should only be about American and European preferences. The Chinese worldview is Confucian, not Protestant; your manuals are not suitable for it. The Chinese do not care how much public debt they lose if America as a result ceases to exist as a geopolitical unit.
            1. +1
              26 September 2017 08: 47
              Quote: Serge Khan
              I don't think China is willing to lose its bonds

              Your problem is that you are trying to judge Chinese preferences by American manuals. Judging by these manuals should only be about American and European preferences. The Chinese worldview is Confucian, not Protestant; your manuals are not suitable for it. The Chinese do not care how much public debt they lose if America as a result ceases to exist as a geopolitical unit.

              I agree with you. Moreover, when you consider that Chinese bonds are a kind of dumping with the promotion of their products. The scheme is simple if you recall how we were all recently frightened by the "Dutch disease." Do you remember? You are selling us one billion dollars worth of goods. But you have a weak economy, such a sum will cause terrible inflation and will not bring any benefit to your country. Let's do this: we will pay you 100 million, and you will invest 900 million in US bonds. As a result, China avoids excessive inflation, and the United States receives goods for 10% of its value. That's where the trillion bucks invested in US bonds came from. But from an economic point of view, this is completely equivalent to the devaluation of the renminbi that China is striving for, and what the United States does not allow it to do. Therefore, the loss of these bonds is not critical for China.
              1. 0
                26 September 2017 11: 36
                Quote: Cube123
                The scheme is simple if you recall how we were all recently frightened by the "Dutch disease." Do you remember? You are selling us one billion dollars worth of goods. But you have a weak economy, such a sum will cause terrible inflation and will not bring any benefit to your country. Let's do this: we will pay you 100 million, and you will invest 900 million in US bonds. As a result, China avoids excessive inflation, and the United States receives goods for 10% of its value.

                Just a second: more than half of China's economy is wholly owned by private business. From the word "100%". In Russia, by the way, much less.

                Under your scheme, the Central Bank of China must first buy these goods from the domestic market and then exchange them for treasury.
                Well, of course, workers will pay wages, investments and other things with these very bonds ... So? laughing
                1. +1
                  26 September 2017 14: 24
                  Quote: iConst
                  Just a second: more than half of China's economy is wholly owned by private business. From the word "100%". In Russia, by the way, much less.

                  Under your scheme, the Central Bank of China must first buy these goods from the domestic market and then exchange them for treasury.
                  Well, of course, workers will pay wages, investments and other things with these very bonds ... So? laughing

                  Now yes, but investments have been growing for over 25 years. And the wages of workers in China during this period were slightly less wink salaries in the USA. Which created the necessary imbalance for this scheme. So there is no need to redeem the Central Bank. Moreover, the wages of workers in China are in RMB, and not in dollars.
                  1. 0
                    26 September 2017 14: 40
                    Quote: Cube123
                    Quote: iConst
                    Just a second: more than half of China's economy is wholly owned by private business. From the word "100%". In Russia, by the way, much less.

                    Under your scheme, the Central Bank of China must first buy these goods from the domestic market and then exchange them for treasury.
                    Well, of course, workers will pay wages, investments and other things with these very bonds ... So? laughing

                    Now yes, but investments have been growing for over 25 years. And the wages of workers in China during this period were slightly less wink salaries in the USA. Which created the necessary imbalance for this scheme. So there is no need to redeem the Central Bank. Moreover, the wages of workers in China are in RMB, and not in dollars.

                    Once again, I ask the question: how do commercial firms supply goods in the USA “for this” and get a margin?

                    Introductory: totally private production in China is approximately 60-65%. At least half of them are joint ventures with foreign investment.
                    The state does not interfere in business. Moreover, they announced the priority of protecting private property. Communists! And this principle is strictly observed. Otherwise, there would be no such investments and such an increase in production.

                    The option of forcing the supply of “for so” goods disappears. So?

                    The picture shows only the growth dynamics of the debt portfolio and more.
                    1. +1
                      26 September 2017 18: 08
                      Quote: iConst
                      Once again, I ask the question: how do commercial firms supply goods in the USA “for this” and get a margin?

                      Introductory: totally private production in China is approximately 60-65%. At least half of them are joint ventures with foreign investment.
                      The state does not interfere in business. Moreover, they announced the priority of protecting private property. Communists! And this principle is strictly observed. Otherwise, there would be no such investments and such an increase in production.

                      The option of forcing the supply of “for so” goods disappears. So?

                      The picture shows only the growth dynamics of the debt portfolio and more.

                      Counter-question: where, then, according to your logic, does China, as a state, generally get dollars to buy treasuries?
                      Probably from taxes. This means that it is possible to pursue a tax policy that allows the state to regulate foreign trade. Including due to the undervaluation of the renminbi and the "dumping" of excess currency outside.
                      1. 0
                        26 September 2017 22: 05
                        Quote: Cube123
                        Counter-question: where, then, according to your logic, does China, as a state, generally get dollars to buy treasuries?
                        Probably from taxes. This means that it is possible to pursue a tax policy that allows the state to regulate foreign trade. Including due to the undervaluation of the renminbi and the "dumping" of excess currency outside.

                        Uh, no - no need to "move out" of the topic - I am waiting for the formula how the goods of commercial firms enter the United States for 1/10 of the cost. And how these firms return their profits. After all, they cannot sell for 25 years cheaper than the cost - at a loss.
                        How so?

                        Yes, and yet - why Chinese goods on the shelves of the United States (which are 1/10) nevertheless cost about the same as in other countries, but not ten times cheaper. How do they resolve this? AND?
                        1. +1
                          27 September 2017 08: 30
                          Quote: iConst

                          Uh, no - no need to "move out" of the topic - I am waiting for the formula how the goods of commercial firms enter the United States for 1/10 of the cost. And how these firms return their profits.

                          Naturally, the figure 1/10 is a conditional value. (These are the conditions that were imposed on Russia in the 90s). As the economies, levels of salaries, cost of living equalize, this value changes and, with complete equality, it will be reduced to unity.

                          Quote: iConst
                          After all, they cannot sell for 25 years cheaper than the cost - at a loss.
                          How so?

                          As you do not understand the elementary thing: the costs of Chinese companies in RMB, and prices in the US in dollars. Therefore, no sale at a loss is not in sight. The difference in price is covered by the local currency rate, plus preferences, duties, tax benefits ...

                          Quote: iConst
                          Yes, and yet - why Chinese goods on the shelves of the United States (which are 1/10) nevertheless cost about the same as in other countries, but not ten times cheaper. How do they resolve this? AND?

                          Do not confuse macro and microeconomics. The USA, as a state, gets cheaper. And for the consumer, a price is set that provides the necessary competitiveness to Chinese goods.
            2. 0
              26 September 2017 11: 26
              Quote: Serge Khan
              I don't think China is willing to lose its bonds

              Your problem is that you are trying to judge Chinese preferences by American manuals. Judging by these manuals should only be about American and European preferences. The Chinese worldview is Confucian, not Protestant; your manuals are not suitable for it. The Chinese do not care how much public debt they lose if America as a result ceases to exist as a geopolitical unit.

              Well, I love our Russian ... "right origin." "PUMPING" and confident carrying with a smart look of nonsense. laughing

              Manuals are American. Confucianism ... Yeah. And Buddhist monks are sitting in the Central Committee of the Communist Party of China ... laughing
              These "manuals" are called "International Economic Integration" or "World Economy." How convenient. And China plays by these rules. And the economy has always been an instrument of politics. Well, come on - fasten (sorry for the "you" - what hello) your Confucianism to politics. lol
      2. 0
        26 September 2017 12: 36
        The dollar would have been dumped for a long time ... and this is not a problem ... if someone could offer at least a little stable system in return ... for now, they are frantically looking ...
        and I’ll tell you ... they’ll find .... but not the problem, it’s also because recently the people who just didn’t spit have the public, I will tell you doubts ... what kind of America is this .. But we know that all the power of the dollar lies in the military power of the United States, in the absence of other reserve currencies equally endowed with military power, as well as in the stability of the political regime ... one of the components of this tripod collapses and everything falls apart ... And, come on, we won’t get into the jungle of the economy ... talk about GDP and other garbage ... because the structure of the American economy is God forbid .... (so just a minute ... 78% of GDP is the service sector ... i.e. a completely unproductive thing and only 21% industry)
    4. +2
      25 September 2017 15: 20
      China, of course, is a friend, but the truth is more expensive ... That's right in the article. This should not be forgotten, they have their own way of life and thoughts - we have our own. They have their own goal.
      1. +1
        26 September 2017 01: 29
        Do not forget that with China, for almost four centuries of existence on the common border, there has not been a single more or less major war. I’m talking about wars, not cross-border clashes like Daman.
        Most of the wars waged by Russia were with the West.
    5. +2
      25 September 2017 15: 56
      For the time being, we are building our own “Power of Siberia” for China, for some reason China is indifferently looking at the fact that we want to “energetically secure” it from the sea routes that the US Navy can block China.
      1. +1
        26 September 2017 01: 32
        Who told you that?
        Russia builds on its own in its territory, China - on its own. Including loans from the BRICS Development Bank.
    6. +6
      25 September 2017 16: 36
      But here are three significant events that can put an end to US domination:
      1. A year ago, the Chinese yuan entered the IMF’s currency basket, where it joined the company of the dollar, euro, yen and pound sterling.
      2. Beijing is on the verge of launching contracts in yuan (convertible into gold) for the purchase of oil.
      3. BRICS requests a revision of quotas in the IMF (the number of votes assigned to each country). This is due to the fact that the United States alone has more than double the votes than the Latin American countries of 24 (including Mexico), and the number of votes of G7 is three times that of the BRICS group of countries.
      I can only rejoice for the Chinese comrades, but where does Russia have to do with it?
      1. +1
        25 September 2017 16: 41
        but where does Russia?


        we can pretend that we live in a vacuum and such processes do not apply to us and China will pay exclusively for Russia for oil and gas in dollars - because it has nothing to do with it





        1. +2
          25 September 2017 17: 23
          You at least read the last paragraphs in articles, and do not immediately fall into criticism. In China, a “roll” comparable to the USA, made its currency world currency and one of the world financial centers. Our large companies have been pursuing such a policy for many years that they have become are dependent on foreign loans. And how to play with such baggage on an equal footing with economic monsters? And if you think that China will pull us out, then there is something in no hurry, and it will only increase trade relations with USA. And who is the strategic partner then? China is not going to offer us anything other than a takeover, partnership on health, since the party has decided so laughing
          As for BRICS, we should rather talk about one “K”. China does not pursue a “Russian-Chinese strategy,” but its own. China put in the basket of the IMF not the Russian ruble and not the Indian rupee, but its yuan. China is promoting its New Silk Road around the world, not anyone else. To think that China is interested in equal partners with whom it will “attack” the dollar or, say, the euro, in order to then build a bright future for everyone, is simply naive. Who dared, he ate.
    7. +1
      25 September 2017 16: 38
      2. Beijing is on the verge of launching contracts in yuan (convertible into gold) for the purchase of oil.

      Well, this is not really a "conversion". As far as I know, this is that the yuan can be converted to gold only through the Taiwan Stock Exchange by purchase. And this is not a conversion.
      1. 0
        26 September 2017 01: 37
        So what?
        As it launches the contracts, it will immediately launch the conversion in other places. The Chinese will not rust with this.
        At the same time, do not forget that rubles and yuan have been mutually converted since 2010.
    8. +2
      25 September 2017 17: 53
      And for a long time we will be fed a quick collapse of the US currency and the death of the entire Western system in general ???
      Optimism, of course, is definitely needed. But when will there be real counter-actions ?!
    9. +3
      25 September 2017 17: 58
      For the information of the author.
      The trade turnover between China and the United States is $ 600 billion.
      In what currency is it made?
      Guess once.
      China's foreign exchange reserves in which securities are invested?
      Guess once.
      And they are nominated in what currency?
      You can not guess.
      When all these points will make settlements in a currency other than the US dollar, then we can talk about what the author is talking about.
      And so - this is nonsense of an amateur on a given topic.
      I just don’t want to write about Russian hackers anymore, so let's get the next nonsense into the light of God.
      1. +1
        25 September 2017 20: 11
        So, China’s export to the US market is 600 billion, and China’s domestic market is 4500 billion. Feel the difference. This is 7,5 times more. Already, China will spit out the States and not feel it.
        1. 0
          26 September 2017 01: 43
          That's it. At the same time, the notorious iPhones and iPads are in fact Chinese products.
      2. 0
        26 September 2017 01: 40
        "Gold and foreign exchange reserves of China in which securities are invested?
        Guess once. "
        Gold reserves are not invested in paper, but in gold and currency. A-priory.
    10. +2
      25 September 2017 18: 14
      China's external public debt is symbolic, like that of the Russian Federation, but corporate has about $ 18 trillion, and it is growing and rising in price, although it is timely serviced by Chinese corporations and banks. The Russian Federation has this external corporate debt of about $ 500 billion, our corporations and banks also service it in a timely manner, gradually repaying it and making it cheaper to service. The US has external debt of more than 20 trillion, including federal debt of more than 6 trillion. dollars. Japan and Europe also have trillions of foreign debt. Those. mutual debt deadlock, which leads to an explosion, financial or power. We must lose the least in it.
      1. 0
        25 September 2017 18: 34
        America owes 5 trillion dollars to China alone, and the beggars roll on all the barrels. Well this is American politics
    11. 0
      25 September 2017 18: 28
      [i] [/ i] Russia has long been paying the yuan-ruble to China. And you just realized. For free currency, Russia is buying gold and everyone knows that. And then comes the dolor collapse.
      1. +3
        25 September 2017 18: 32
        With China, the main calculations are in dollars. The share of the yuan and the ruble there is miserable interest. Which is not surprising, because the main trading partner of China is the United States. And a couple of years ago Russia even flew out of a dozen partners. The share of Russia in its foreign trade turnover is less than 2%. So why did he give up rubles.
        1. 0
          26 September 2017 01: 47
          "So why did he give up the rubles then?"
          Oil and gas to buy. This is much more important for China than selling to America the bulk of what it sells there.
          1. 0
            27 September 2017 21: 55
            China needs Russia only because of raw materials, right?
    12. +1
      25 September 2017 18: 36
      The dollar has long been a candy wrapper, the US currency is not supported by anything, that is why the wise men of America have imputed black gold and washed it a lot with us. And from time immemorial there has been a monetary relationship of gold and currency. and not only the golden ratio was, but also in silver. For example, Russia was a gold ruble, and also a silver ruble, it was copper, but this copper ruble was in circulation inside the Russian Empire, and it was also in diamonds, but it was still converted to a gold ruble. So a candy wrapper will arrange a magnificent funeral, this wakes up a triumph from China and Russia. And Poroshenko sheds tears of joy that did not have to pay the United States for the debt they gave candy wrappers. Russia and China will drive large aspen stakes into the United States, adorning them with green dollar wreaths with a black satin ribbon with a gold inscription. Sleep a candy wrapper, you fooled many countries, but you found three heroes and put them in a coffin forever. Sleep candy wrapper. Everything that is happening with the dollar now it all started after the Second World War that the dollar went into circulation. England knew how to restrain its currency. All of Russia was in ruins and it was necessary to pay for US military assistance, for which they didn’t give almost anything. Yes, the USSR had to raise factories and agriculture, but the American washed the dollar with a loan from the USSR, well, everyone understood what happened, the USSR created the advertisement for the USA. The USSR was a big borrower for us, and already many countries were at the door of America’s Bank, they gave and found that the green dollar became a candy wrapper, or rather it was not confirmed by gold even dust, well then they are smart dealers and
      they flew from gold to oil, everything at once about them was especially golden, especially the oil kings and shipowners who transported this oil around the world. Yes, the funeral will be magnificent, but rather not a funeral, but a feast for the whole world. Hooray wrapper end and the undertaker found oak planks and drapes it with a golden cloth, and prepared gold nails to hammer into the coffin lid forever.
      Corsair grandfather Vovka.
    13. 0
      25 September 2017 18: 43
      Quote: s-t Petrov
      how tired of reading this nonsense

      you'd better read something else
    14. +3
      25 September 2017 18: 47
      Complete cheonya. China is the largest debt holder and canceling them is nonsense. Without America’s technology and its market, China falls to zero. Russia sits tightly on oil and does not think to slam. Moscow spends tens of billions of rubles on one paving slab, and the money comes from the taxes of oil companies. Yes, all united Russia keeps loot in dollars and in overshoots and the children of these deputies study in London and New York. The purpose of the article is one, to play on lowering the dollar or to gloss over these eyes to ordinary citizens. The dollar lived, the dollar is alive, the dollar will live. (I personally have none)
    15. 0
      25 September 2017 19: 20
      Quote: Shurik70
      Yes, how many button accordions tore at the funeral of the dollar ...
      And he, the bastard, is digging out.

      Yeah, recently it was written about a basket of currencies in the BRICS bank. So dollars mostly revolve there, although there is no mention of Americans in the bank! laughing hi
    16. 0
      25 September 2017 20: 15
      Quote: Dude
      China put in the basket of the IMF not the Russian ruble and not the Indian rupee, but its yuan.
      Dumb celestials do not realize that this can easily sign a death sentence?
    17. 0
      25 September 2017 21: 02
      If you bury the dollar, the whole world will fall into such an ass. negative
    18. +1
      25 September 2017 21: 09
      Quote: c-Petrov
      He will slowly push him away.


      everyone understands that this process is gaining momentum. and the dominance of $ will decrease every day, which is already happening.

      forecasts of an imminent collapse are of course embellished, but you can’t argue against objectivity - the process is complex, dangerous, but when there is a goal and different countries strive for this, there will be exhaust.

      it’s one thing to extinguish Gaddafi for his African currency, another thing is when countries such as China, the Russian Federation, Iran and others displace the dollar from the structure of mutual settlements in trade.

      And the weaker the empire is, the faster this process will go.

      That's when you can’t buy anything with the dollar, like with the current ruble, and then you can talk about the dollar falling.
    19. 0
      25 September 2017 21: 51
      We note that the author does not say anything about any real geopolitical advancement of the “Russian-Chinese partners” in Venezuela and in Latin America as a whole. It is not surprising: Venezuelan oil socialism is rapidly plunging the country into the abyss of poverty

      So, after all, the interests of Russia and China in Latin America are not alive by Venezuela. There are other geopolitical projects besides the oil interest in Venezuela. It seems that the issue of joint construction of a canal in Nicaragua, to the peak of Panama, is being seriously considered.
      To think that China is interested in equal partners with whom it will “attack” the dollar or, say, the euro, in order to then build a bright future for everyone, is simply naive.
      It has long been known that one in the field is not a warrior. Without the interest of all parties, the Chinese projects will remain on paper, which already implies fairly equal relations among the participants.
      1. +1
        25 September 2017 22: 01
        "... After all, the interests of Russia and China in Latin America are not alive by Venezuela. There are other geopolitical projects besides the oil interest in Venezuela. It seems like the issue of joint construction of a canal in Nicaragua, to the peak of Panama, is being seriously worked out."




        Would you like to go a little deeper into the details of this "serious" project? ..... we all laugh together ...
        1. 0
          26 September 2017 07: 19
          Quote: Gransasso
          Would you like to go a little deeper into the details of this "serious" project? ..... we all laugh together ...

          Who said this plan has no prospects? It is clear that he will not appear in a couple of years and in the next three years, but the topic is being worked out quite seriously. Mattresses are worried ... So we will laugh a little later.
    20. +1
      25 September 2017 23: 09
      Owning a printing press for the world currency of the United States, you don’t have to worry about debts and your economy, factories with technologies, and you can buy brains for candy wrappers, control bank transfers in dollars too .... Therefore, the worse the world is, the better America is as a guarantee of a safe haven for currency , it has long been known to everyone ...
    21. 0
      25 September 2017 23: 39
      China made a serious mistake that it achieved a place for the renminbi among reserve currencies, as all reserve currencies are the same dollars, only on the side. And we should never repeat this mistake ... But the issue of oil futures in rubles and the conversion of rubles into physical gold (palladium is better) would be worth repeating.
    22. 0
      26 September 2017 01: 40
      Memorial to the Dollar.
      ***
      We have a lousy, but still democracy,
      I want pi .... ju, I want to go to such and such a mother,
      In Russia, there are no lords and peers either:
      All pi ... children and pi ... children of thieves' faces.
    23. +2
      26 September 2017 02: 46
      Russian-Chinese partners

      China spit on everyone with a high bell tower, and the Russian dwarf economy, in comparison with China, hardly allows us to think about a full-fledged partnership.
    24. +1
      26 September 2017 03: 19
      Quote: iConst
      from October include "vacuum cleaner". They will try to bring their assets into commercial banks and “burn” the “extra” dollars.

      The dollar will grow according to forecasts. Whether we like it or not, this is the logic of things. Now our Central Bank is essentially doing the same thing - it limits the circulation of the ruble, buying up cash from banks and thereby limiting inflation.
    25. +1
      26 September 2017 08: 22
      The dreamers.

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