Military Review

With their own sanctions, the United States themselves are destroying the system of dollar hegemony

49
With their own sanctions, the United States themselves are destroying the system of dollar hegemony

The US administration is looking for new options for anti-Russian sanctions. It comes to the fact that the same sanctions are introduced in the second and third rounds. In the desire to somehow "annoy" Russia, they are ready to make contact even with Iran and Venezuela, which a couple of months ago they designated as "threats to democracy in the world." Now, apparently, they are ready to revise the “quantitative measure” of democracy in the hope that in this way they will be able to impose their will on Russia.


However, Russia does not intend to retreat. Moreover, the situation is such that, with their own sanctions, the United States themselves are destroying the system in the world economy that has been formed, protected and defended for decades. This system of dollar hegemony. Why are they breaking down?

Any economic blow to a country like Russia cannot affect Russia exclusively. The blow will rebound on the United States itself, on the entire world economy. Simply due to the fact that it is impossible to economically and politically isolate the largest country in the world with the greatest natural wealth. As much as anyone would like it. You can’t even fly around Russia to the detriment of yourself ...

The freezing of Russia's dollar assets is already leading to the fact that an increasing number of countries are at least beginning to think about whether they should keep their assets in US currency. After all, they can freeze at any time. This is de jure. And de facto - to steal. If they begin not only to think, but also to transfer their reserves to another version of assets - even in national currencies, then this is a direct rejection of the dollar. And every abandonment of the dollar is the actual need for the US to pay its exorbitant debt. China alone has more than $2 trillion in US debt obligations out of 30. If China decides to ask the US for payment by converting assets into yuan, then the US economy will face a severe shock comparable to the Great Depression. If other countries follow the same path, then the burden of paying off the debt will be a heavy burden on every American. Considering that today every US citizen owes more than 240 thousand dollars (that's five years of continuous work at the average American salary), the burden is really heavy. How to pay if the printing press in this version will no longer help? ..

Mikhail Leontiev discusses the situation in the program “However” on Channel One:

49 comments
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  1. Borik
    Borik 20 March 2022 15: 39
    +6
    Yeah, as soon as someone demands that America return debt payments, they will get a bigger figure
    Tell me who has ever paid a similar debt to the United States.
    1. Giant thought
      Giant thought 20 March 2022 15: 53
      0
      In fact, the American goofballs perform a dance in a swamp on a thin ground cover, a couple of clumsy steps, and they are already in the swamp slurry, which inevitably sucks them in.
      1. Shurik70
        Shurik70 20 March 2022 16: 22
        +1
        If the dollar really collapsed, it was worth the lost archives.
        But there are doubts that it will collapse.
        Will go into inflation - yes. But it won't completely collapse. Even though I would like to.
        They will start killing those leaders of countries who want to exchange dollars for something valuable
    2. Aerodrome
      Aerodrome 20 March 2022 15: 54
      +1
      Quote: Borik
      Yeah, as soon as someone demands that America return debt payments, they will get a bigger figure

      only with "axes" ... moreover, not with "self-delivery"! but with delivery.
    3. Chief Officer Lom
      Chief Officer Lom 20 March 2022 15: 56
      +6
      Tell me who has ever paid a similar debt to the United States.

      De Gaulle. But since 1971 they have not been required to do so. Wrappers are not exchangeable.
      1. Starover_Z
        Starover_Z 20 March 2022 16: 21
        +2
        Quote: Chief Officer Lom
        Tell me who has ever paid a similar debt to the United States.

        De Gaulle. But since 1971 they have not been required to do so. Wrappers are not exchangeable.

        There will be a number when the States announce, in response to demands to repay debts and pick up their candy wrappers, that candy wrappers of certain numbers and series are recognized as FAKE and are not subject to acceptance and exchange!
        1. Chief Officer Lom
          Chief Officer Lom 20 March 2022 16: 51
          0
          In a sense, something like that is already in operation. Cash dollars, originally intended for export abroad, have certain numbers and series. Of course, no one recognizes them as fake yet, but if my memory serves me, then upon returning to the USA, the government (or the Fed? God knows who's in charge there) destroys them, preventing them from entering the domestic market, so as not to increase the money supply inside America .
        2. sgrabik
          sgrabik 20 March 2022 17: 04
          +2
          You can expect anything from these striped mattress covers, their word is worth nothing, to believe them is not to respect yourself !!!
      2. Machiavelli
        Machiavelli 20 March 2022 18: 54
        +2
        And then there was a color revolution in France.
  2. The comment was deleted.
    1. Ros 56
      Ros 56 20 March 2022 15: 57
      +3
      It will look like circles on the water from the stone. In the center there will be striped ones and they will be the most painful of all, then gay Europeans with Asians, well, the farther from the center, the less it will shake. And the Papuans in the jungle will generally not care.
  3. Nikolay1987
    Nikolay1987 20 March 2022 15: 51
    0
    This Leontiev has been talking about the collapse of the dollar for 20 years, but so far 20-30% inflation in the Russian Federation, and not in the USA. What, for 20 years they could not foresee what Leontiev is talking about ?! Yes Yes.
  4. Andrei from Chelyabinsk
    Andrei from Chelyabinsk 20 March 2022 15: 53
    +9
    taking into account the fact that today every US citizen owes more than 240 thousand dollars

    In fact, the US has roughly 330 million citizens, and the public debt is just over 26,4 trillion. Divide one by the other - you get 80 thousand dollars, well, not 240 thousand.
    If China decides to ask the United States for payment by converting assets into yuan, then the US economy will face a serious shock, comparable to the Great Depression.

    Then the US will not even scratch it, since there are enough people who want to buy US Treasury bonds, in which the US debt to China actually lies.
    China does not collect on these bonds from the US, it can sell them, but the buyer does not have to be the US.
    1. Oleg Kolsky
      Oleg Kolsky 20 March 2022 18: 14
      -1
      In addition to the national debt, there are also the debts of the states themselves.
      1. Andrei from Chelyabinsk
        Andrei from Chelyabinsk 20 March 2022 19: 08
        +3
        Quote: Oleg Kolsky
        In addition to the national debt, there are also the debts of the states themselves.

        What are these specifically? :)) If you are talking about corporate debts, the population is not responsible for them in principle
        1. Oleg Kolsky
          Oleg Kolsky 20 March 2022 19: 38
          -1
          No, I'm talking about the debts of the states themselves separately.
          1. Andrei from Chelyabinsk
            Andrei from Chelyabinsk 20 March 2022 19: 44
            +2
            Quote: Oleg Kolsky
            No, I'm talking about the debts of the states themselves separately.

            And how much external debt is there?
            1. Oleg Kolsky
              Oleg Kolsky 21 March 2022 16: 36
              +1
              Good afternoon. Each state has debts, some with more, some with less. Here I see my comment is gone about the transition to the gold ruble. I think if gold moves from the category of goods denominated in dollars, back to the category of means of payment, without being tied to the dollar and the euro, then its value will be quite stable. For the United States, each nuance individually - private debts, public debt, etc. is not fatal, but all together, like the transition to the gold standard, the decoupling of minerals from the dollar, shortens them not childishly. It is not for nothing that everyone who spoke about the transition to the gold standard with the rejection of the dollar as the only currency for which they sell oil and gas was driven into the coffin by Hussein, Gaddafi, Chavez.
              So I don't think the dollar can't be crushed.
              1. Andrei from Chelyabinsk
                Andrei from Chelyabinsk 21 March 2022 21: 07
                +3
                Hello, Oleg!
                Quote: Oleg Kolsky
                I think if gold moves from the category of a commodity denominated in dollars to the category of a means of payment again, without reference to the dollar and the euro, then its value will be quite stable

                The problem is that gold also shakes periodically. In 2012-13, the price of gold reached $1900, and in 2015 it dropped to about $1100 per troy ounce. Do you need it? :)
                Quote: Oleg Kolsky
                So I don't think the dollar can't be crushed.

                Not that indestructible, his time will come someday. But so far I see no reason to do so.
                Oleg, the share of foreign trade of the Russian Federation in world trade is approximately 3,1% (export). This is too little to seriously affect the stability of the dollar.
    2. AML
      AML 21 March 2022 08: 20
      0
      For today already more than 30 trillion.
      And the people of the United States themselves are also burdened with internal debts.
      Like this: After graduation, students owe about 100 thousand. Physicians about 250-300. Plus mortgages and more. So the fact that every US citizen owes 240k is a very real amount.
      1. Andrei from Chelyabinsk
        Andrei from Chelyabinsk 21 March 2022 21: 00
        +2
        Quote: AML
        And the people of the United States themselves are also burdened with internal debts.

        You in vain hang all the debts on the American. And the amount of 240k happened exactly like that - they summed up state, corporate, regional, and personal debts. But this is complete nonsense. The population, for example, will never be liable for corporate debts
  5. rocket757
    rocket757 20 March 2022 16: 21
    +2
    With their own sanctions, the United States themselves are destroying the system of dollar hegemony
    . Come on, the process did not even start yesterday ... now they are just finishing off, tearing the last thing that held back the natural process of renewal, replacement.
  6. Chief Officer Lom
    Chief Officer Lom 20 March 2022 16: 23
    +2
    Quote: Andrey from Chelyabinsk
    and the public debt is just over 26,4 trillion

    Formally you are right. This is direct debt. But in a general sense, the US owes everyone goods and services worth all the dollars circulating around the world. They have achieved that now the dollar is provided by all the wealth of the planet, but if the rest refuse to admit it, then the Americans will not be able to ensure the exchange of the presented dollars for anything other than a hit with tomahawks. Well, or devalue the dollar an indefinite number of times.
    Threat Payment of debt in dollars is not terrible for them in itself, they will print as much as necessary. The main task of treasuries is to freeze these "deprived" dollars, which are not backed by anything. Imagine a situation if buyers enter the market with trillions of dollars and want to buy something with them. Even if dollars continue to be accepted all over the world, collosal inflation is inevitable.
  7. sen
    sen 20 March 2022 16: 26
    +2
    With their own sanctions, the United States themselves are destroying the system of dollar hegemony

    The United States is arrogant and does not look to the future, and it will punish them for this.
    1. Vavilov
      Vavilov 20 March 2022 19: 20
      -2
      and do not look to the future

      what is the future, how did you manage to look into it? they now already have a GDP of almost 40% of the world, don’t bring nonsense to the masses
  8. Myths
    Myths 20 March 2022 16: 46
    +1
    Quote: Borik
    Yeah, as soon as someone demands that America return debt payments, they will get a bigger figure
    Tell me who has ever paid a similar debt to the United States.

    Those who request a debt from the United States will immediately receive sanctions and freeze the dogs and finances. Democracy at its finest.
  9. Myths
    Myths 20 March 2022 16: 48
    0
    Quote: Chief Officer Lom
    Quote: Andrey from Chelyabinsk
    and the public debt is just over 26,4 trillion

    Formally you are right. This is direct debt. But in a general sense, the US owes everyone goods and services worth all the dollars circulating around the world. They have achieved that now the dollar is provided by all the wealth of the planet, but if the rest refuse to admit it, then the Americans will not be able to ensure the exchange of the presented dollars for anything other than a hit with tomahawks. Well, or devalue the dollar an indefinite number of times.
    Threat Payment of debt in dollars is not terrible for them in itself, they will print as much as necessary. The main task of treasuries is to freeze these "deprived" dollars, which are not backed by anything. Imagine a situation if buyers enter the market with trillions of dollars and want to buy something with them. Even if dollars continue to be accepted all over the world, collosal inflation is inevitable.

    From this and their fear if the dollar will begin to refuse. They will simply stop buying for it and hyperinflation is guaranteed.
  10. Soldatov V.
    Soldatov V. 20 March 2022 17: 05
    +2
    American presenters and Psaki with the president are driving a blizzard that they consider beneficial to them.
    And Leontiev, the mouthpiece and propagandist of big business in Russia, proves how bad everything is in America, and we can still donate blood. It would be interesting to hear from a truly independent expert how things really are in the world, in America and in our country. hi
  11. Nexcom
    Nexcom 20 March 2022 17: 07
    +3
    The French froze 22 billion euros from the Central Bank. "Partner" Macron tried ... and 150 million private funds of Russians.

    What can I say, all the "partnership" is there .... European honesty as it is .... Scoundrels.
    1. Soldatov V.
      Soldatov V. 20 March 2022 17: 23
      +1
      Already after the "Mistral" it was clear that France was an international swindler. But how are we without France, without French rolls, without vacations there. No. hi
      1. Nexcom
        Nexcom 20 March 2022 17: 25
        +2
        hi
        You confused me with someone - I don’t go there on vacation. And I prefer Ural, homemade rolls. I care about these croissants or whatever they are - purple.
        Threat och it’s good that they reminded about the Mistrals. Didn't ours realize that it's better not to have more serious business with the French? Framed once already and now the second. So petty...
  12. Martian
    Martian 20 March 2022 17: 24
    +4
    US is used to get its will, its way, whenever, wherever!
    Its very hard for the falling Empire to admit the very fact that it is no longer on the rise, but in decline!
    That is exactly why it keeps shooting itself in the foot.
    Actually by its recent policies it is rather shooting itself in the head!
    Amen to that!
    Cheers!
    1. Nexcom
      Nexcom 20 March 2022 17: 31
      +2
      Write your messages in Russian according to the frames of this Russian web-site. Thanx.
  13. Emergency
    Emergency 20 March 2022 17: 27
    0
    And their debt will be canceled under this case. Foolishly, they will not destroy their deity. This is a sickle according to the saint. So the female dogs are up to something.
  14. Artemion3
    Artemion3 20 March 2022 17: 34
    -1
    Interestingly, if Trump had been in power, he would probably have answered us not with sanctions, but with a full-scale deployment of missile defense systems in Europe.
    1. Nexcom
      Nexcom 20 March 2022 17: 37
      0
      And "... these beautiful and very smart rockets ..." (c) would have prepared.
  15. Boratsagdiev
    Boratsagdiev 20 March 2022 17: 38
    0
    They are not only destroying the world economy but also their own.
    Conventional fuel is already from 4 to 8 dollars. per gallon.
    And this is not taking into account the diesel engine and the fleet (not only the military). Transportation prices have skyrocketed (especially maritime).
    And they just refused to import heavy hydrocarbons.
    1. Nexcom
      Nexcom 20 March 2022 17: 45
      +1
      Yes, let them have at least 10 bucks a gallon there. You have to worry about your people. About your country.
      1. Boratsagdiev
        Boratsagdiev 20 March 2022 17: 48
        +1
        if the average is 10, then the fur animal will come to visit (them).
        it's all about vehicles.
        1. Nexcom
          Nexcom 20 March 2022 17: 49
          +2
          and amen to them all. crying
          we will miss Psaki.
  16. Sanche
    Sanche 20 March 2022 18: 14
    +2
    With their own sanctions, the United States themselves are destroying the system of dollar hegemony

    But Americans don't know about it. They don't know. As Zadornov said: well, stupid :) So yes or no?
  17. Wildcat
    Wildcat 20 March 2022 18: 44
    +2
    laughing
    The years are running...
    For the third decade now, Misha Leontiev has been earning money on the "funeral of the dollar", the "collapse of America" ​​and other miracles. Stability, as they say, is a sign of skill. good
  18. Vavilov
    Vavilov 20 March 2022 19: 11
    -2
    the situation is such that, with their own sanctions, the United States themselves are destroying that system in the world economy,

    so this is the main goal of the UWB, to zero out their debts, not war and sanctions, the states will not go anywhere, their GDP is 20 times ours, debts will be "forgiven" to everyone yes and the market will remain, albeit with a different currency
  19. Wildcat
    Wildcat 20 March 2022 21: 33
    +1
    That's right!
    The freezing of Russia's dollar assets is already leading to the fact that an increasing number of countries are at least beginning to think about whether they should keep their assets in US currency. After all, they can freeze at any time. This is de jure. And de facto - to steal. If they begin not only to think, but also to transfer their reserves to another asset option
    - which asset is better? That's right, sugar, for starters! good

    We see a massive abandonment of the currency in favor of simple, so to speak, commodities!
    Finished the game, NATO? We still don't buy yuan!
    Undoubtedly, soon to replace the dollar (which, hmm, you can’t buy with fire during the day), new, no less attractive assets than sugar will appear. Buckwheat, pasta, a barrel of petroleum products in the garage... All the most reliable.
    good
  20. nikvic46
    nikvic46 21 March 2022 06: 19
    0
    It is true that the US and Europe are harming themselves with their sanctions. Idealism drives into our heads that if the United States and all its advanced allies disappear, happiness and prosperity will come to the world. But even China does not think so. His exports to other countries will collapse. And he doesn’t want to stew in his own juice. Not to mention the poorer countries, whose exports to developed countries are just a way of survival. The US national debt concerns only the state. US structures and no more.
  21. AML
    AML 30 March 2022 07: 03
    0
    Quote: Andrey from Chelyabinsk

    The population, for example, will never be liable for corporate debts.

    It won't happen directly, but indirectly, as it will. In 2008, the population did not inflate the bubble, but it was they who got the hat. What about corporations? Most of their debts were written off.