The collapse of Washington's hegemony. Another "ally" of the United States is ready to abandon the dollar

The United States failed to keep a puppet government in Iraq. After the last parliamentary elections, the course of the state nevertheless came off American rails, and the moment that the current US Prime Minister, Haider al-Abadi, is still “a friend of the USA,” does not change anything.

The Nasr-led bloc ranked third only, leaving behind the radical Shiite party Al-Sayrun and the Fattah alliance sympathetic to Tehran. Both those who gained the majority of the bloc, despite some disagreements, oppose dependence on America and are unanimous in the opinion that there should not be a single American soldier in the republic. Al-Sayrun leader Muktada al-Sadr, back in 2014, openly stated that ISIS * is the brainchild of Washington.

This is an unpleasant moment for America, given that recently the construction of a new US military base began in the Iraqi region of Sinjar, which borders on Syria. But this is not the main thing. The apparent failure of Washington in creating a stable pro-American government in Iraq, with the result that the Shiite factions received a parliamentary majority, and most likely, the prime minister’s position has already launched irreversible processes that will affect both the model of relations with America and the economy of the republic.

Following another recent American "ally" Turkey, Iraq launched the process of abandoning the dollar. And the first country, trade and economic cooperation with which will be focused on national currencies, was Iran, which, in the interpretation of the United States, is almost the “center of world evil”.

“We have abandoned dollar transactions, most trade transactions will be carried out in euros, Iranian rials and Iraqi dinars,” representative of the Chamber of Commerce Yahai al-Ishaq explained on this account, adding that calculations can also be made on the basis of mutually beneficial exchange. Radical statements at the official level from Iraq does not yet sound, as it did in Turkey, when Erdogan explicitly stated the need to put an end to the domination of the dollar, but everything seems to be moving towards this.

For the power has long been spoken by the people. On these days, another mass rally against the US intervention continues in the central square of Baghdad. Protests calling the nation to unite against the common enemy and stop America’s interference in internal affairs, sharply increased after the April parliamentary elections, after which the people obviously felt supported. How soon will the Americans leave the republic? It’s too early to judge this yet, but one thing is certain: the US criminal invasion of Iraq, which inflamed the Middle East for long 15 years, eventually became the beginning of the stories American fall.

* ISIS (IG, “Islamic State”) is a terrorist organization, banned in the Russian Federation by a decision of the Supreme Court.

Comments

[Vard]

It's like an avalanche ... there's a pebble. There's a pebble ... And it will end with a powerful stream that will bury the United States ...

[Andrey Yuryevich]

The collapse of Washington's hegemony.

aha ... half the world under them ... such a "collapse", oh what a "collapse"!

[kenig1]

It all starts with something, empires are not eternal.

[Jolly oldster sailor]

And here I agree, nothing lasts forever under the moon ...

Quote: kenig1

It all starts with something, empires are not eternal.

And the USA will fall. I would like to see, but I think it will not be in our lives.

[Vadim237]

The USA will fall and the entire world economy along with them will pull the Russian one.

[vatov]

Survive! But we will not survive ....

[Mikhail Matyugin]

Quote: kenig1

It all starts with something, empires are not eternal.

Almost 500 years have passed since the appearance of the first trends until the collapse of statehood in the First Rome ... I still remember well the tales of the communist newspapers of the 80s "about the imminent collapse of the dollar consumer economy of the decaying West" ... 40 years have passed since then ...

[NordUral]

And when did the Anglo-Saxons die alone? Never!

[Pontiffsulyvahn]

Well, yes, Venezuela has already refused the dollar. Because he simply cannot afford them.

[parusnik]

But while in Iraq, US troops, with comrades ...

[rotmistr60]

As Fomenko used to say: "You drive quieter, the work of the master is afraid." Today these are still talks and plans, but what will happen tomorrow we will find out. At least Turkey seems to be seriously determined to abandon the dollar, Russia and the PRC have been talking about this for several years now, and in some ways have already switched to settlements in their own currency.

[Don]

By themselves, settlements in national currencies do not give anything. After receiving, for example, the RMB or the Turkish lira, you need to do something, convert it somewhere, and convertible currencies once or twice and miscalculates. And the Bretton Woods (if I'm not mistaken) agreement has not been canceled. Now, if you exit this agreement and, at the same time, sign something new, that is, hope a bit to squeeze the American currency.
NOTICE: FOR THE LAST 10 YEARS OF THE AMERICAN DOLLAR IS PRINTED MORE THAN FOR ALL PREVIOUS 300 YEARS.

[Krasnodar]

Quote: Donskoy

By themselves, settlements in national currencies do not give anything. After receiving, for example, the RMB or the Turkish lira, you need to do something, convert it somewhere, and convertible currencies once or twice and miscalculates. And the Bretton Woods (if I'm not mistaken) agreement has not been canceled. Now, if you exit this agreement and, at the same time, sign something new, that is, hope a bit to squeeze the American currency.
NOTICE: FOR THE LAST 10 YEARS OF THE AMERICAN DOLLAR IS PRINTED MORE THAN FOR ALL PREVIOUS 300 YEARS.

The Bretton Woods of 1944 is about linking gold to the dollar as the only world currency. In the 70s, there was Jamaican - about a free-floating course and a decoupling from gold.
In principle, if the commodity circulation of your country with the States is scanty, and with the EU, for example, large, then you can carry out all payments in euros. The question is how convenient will you be for the Chinese, Japanese, Australians and Latinos who are oriented to the dollar (trade with the United States) and will lose loot on the dollar-euro or dollar-ruble rate.

[Berber]

Moreover, the US ruling circles are aware of the subsequent economic decline. Therefore, while there is an opportunity, for "green candy wrappers", buy up the world's resources.

[Stas157]

Quote: Donskoy

After receiving, for example, RMB or Turkish Lira, you need to do something with them

Why do we need the falling Turkish lira? And why do the Turks and the Chinese need the ever-falling Russian ruble? Calculations in national currencies can cost the seller of goods - a direct loss. Even Russia's closest ally, Lukashenka, does not want to trade for devaluating rubles and demands stable dollars. That is why the BRICS are negotiating their "non-falling" currency.

[Mikhail Matyugin]

Quote: Stas157

Why do we need a falling Turkish lira? And why do the Turks and Chinese ever falling Russian ruble? Settlements in national currencies can cost the seller of the goods a direct loss.

Unfortunately, a very correct question ... It is not so simple with direct transactions in national currencies ...

[Azim77]

The land route of oil and gas transit to Europe was practically closed to the states of the Arabian Peninsula. "Free democratic" way.

[Anchonsha]

So, the US is waiting for a bummer in the entire Middle East, and all because of gluttony and aggressive ova exclusivity in front of all others, many countries are forcing the dollar to abandon in favor of national currencies

[Antares]

what's the crash then? Where is the crash? Iraq wants something (withdrawal of American troops, national currency - calculations) please. I am surprised that in the Russian segment, Iraq is a territory controlled by the United States, and here we do not want such democracy ..
Trump likes these territories - you want it yourself, but please pay it yourself for everything. The US is expensive to maintain. Unless TRump solves anything and the importance of bases for the USA in the region is important, because of the importance of the region (there is enough oil in the USA, but everything needs to be controlled). So just like that, no one will leave from there.
Collapse will occur when China, the EU, US partners in the CA, India express a distrust of the US currency.
The foundation of green paper is trust. Since it is less susceptible to fluctuations (unlike any other national currency in the world-large countries) and it has the largest post-industrial economy (the most capacious market and the best consumer in the world). Air Force and Fleet, which controls the World Ocean.
Does anyone want the role of the world currency? Please, but be prepared to bear the burden of the world gendarme and have the largest military budget and problems in the whole world that you are not loved.
It's not easy. The world is changing, and the consumer has become too capricious and does not like power scenarios.
So! "The one who slays the dragon himself will become the dragon"! And not the fact that it will pull ...

[Apollo]

Quote: Donskoy

By themselves, settlements in national currencies do not give anything. After receiving, for example, the RMB or the Turkish lira, you need to do something, convert it somewhere, and convertible currencies once or twice and miscalculates.

And what do you dislike about the yuan. Today, the yuan is on the IMF's reserve currency list, along with the dollar and the euro.
Do not suck the problem out of your finger. Yuan and lira can be sold on the exchange for rubles. Russian importers are happy to buy both the yuan and the lira.

[Mikhail Matyugin]

Quote: Apollo

And what you do not like the yuan.

Well, for example, the fact that the exchange rate of this currency is determined not by economic factors, but by special decisions of the Chinese Communist Party ...

[NF68]

Another bell rang. Already allies of the United States are seriously talking about the abandonment of American green papers.

[Grandfather Eugene]

Rather, collapse will occur all over the world and then only in the USA. Iraq will leave the dollar calculation tremble if Andorra and Latvia join it then the star-striped hegemon will not recover.
Everything is there according to the plans of the Americans, they will choose local ones and they will still sell Shell and BP to oil, if you want for Tugriks, please play on the exchange while merging the local currency during oil drawdowns. Independence is only on paper, free.

[Cottager452]

Well, yes, the dollar will collapse, the Americans will switch to the ruble, and it will become the world currency. And we will have candy wrappers, food stamps and social justice on TV. I am in favor.

[AID.S]

I wonder when the dollar will collapse, how much will it give in rubles?

[NF68]

Both Turkey and Iraq are at great risk. But if this process really begins, then in the coming years we will see and learn a lot of interesting things.