Dedollarization

War, Profit, And The Dollar’s Retreat

March 12, 2026 Gary Wilson, Struggle-La Lucha. Educate! Dedollarization, Iran, Strait of Hormuz, Wars and Militarism

Washington’s war against Iran, launched Feb. 28 with the U.S.–Israeli assault known as Operation Epic Fury, began with a burst of spending. In the first 100 hours alone the Pentagon burned through an estimated $3.7 billion in missiles, air operations and interceptor systems, most of it not previously budgeted. The war began immediately. The financial mechanisms are being assembled afterward. For U.S. imperialism this sequence is familiar: war first, financing later. This sequence reflects the structure of imperialism itself. The decision for war is political and strategic. Once that decision is made, the capitalist state mobilizes the financial system — through deficits, borrowing and credit expansion — to sustain the war effort.

Iran’s Grand Plan To End US Presence In The Middle East

March 9, 2026 Michael Hudson, Counter Punch. Strategize! Dedollarization, Global Economy, Iran, Oil, Wars and Militarism

Iran and Donald Trump have each explained why failure to fight the current war to the end would simply lead to a new set of mutual attacks. Trump announced on March 6 that “There will be no deal with Iran except unconditional surrender,” and announced that he must have a voice in naming or at least approving Iran’s new leader, as he has just done in Venezuela. “If the U.S. military must utterly defeat it and bring about a regime change, or else you go through this, and then in five years you realize you put somebody in who’s no better.”

United States Government Is Very Afraid Of BRICS And Dedollarization

July 15, 2025 Ben Norton, Geopolitical Economy. Resistance Report BRICS, Dedollarization, Tariffs, Trump Administration

Western corporate media coverage of the Global South-led organization BRICS is frequently dismissive and condescending. Bloomberg published an article claiming that BRICS is “little more than a meaningless acronym”. It appears that a lot of this criticism, nevertheless, is actually a coping mechanism, because evidence is piling up showing that the US government is very afraid of the rapid growth of BRICS. Donald Trump, in particular, is terrified of the possibility of BRICS challenging the global dominance of the US dollar. BRICS held a successful summit in Brazil in July, featuring for the first time the participation of 10 members and 10 partner countries. Trump responded with furious denunciation, threatening to hit all BRICS countries with 10% tariffs.

As Trump Threatens BRICS, It Grows Stronger

July 11, 2025 Ben Norton, Geopolitical Economy. Resistance Report BRICS, Dedollarization, Trump Administration, Western imperialism

The Global South-led organization BRICS has been growing in size and influence, and this has frightened some Western politicians. Donald Trump is particularly rattled. After he returned to the White House for his second term as US president, Trump threatened very high tariffs on BRICS, and falsely said he had destroyed the organization. “BRICS is dead”, Trump claimed in a press conference on 13 February. The US president stated: BRICS was put there for a bad purpose, and most of those people don’t want — they don’t even want to talk about it now; they’re afraid to talk about it. Because I told them, if they want to play games with the dollar, then they’re going to be hit with a 100% tariff, the day they mention that they want to do it. And they will come back and say, “We beg you, we beg you not to do this”.

Trump’s Far-Fetched Attempt To Divide Russia And China Is Clearly Failing

May 19, 2025 Ben Norton, Geopolitical Economy. Resistance Report Anti-Racism, BRICS, China, Dedollarization, Donald Trump, Fascism, Germany, Henry Kissinger, History, Japan, Marco Rubio, Multipolarity, Racism, Richard Nixon, Russia, Trade, Vladimir Putin, World War II, Xi Jinping

US President Donald Trump claimed he would “un-unite” Russia and China. However, this divide-and-conquer strategy — which prominent US officials like Henry Kissinger have advocated since the 1970s — is clearly failing. In a meeting in Moscow celebrating the 80th anniversary of their nations’ shared victory in World War Two, Presidents Xi Jinping and Vladimir Putin reaffirmed that “China-Russia relations have reached the highest level in history”. In a lengthy statement, Beijing and Moscow vowed to “jointly resist any attempts to interfere with and disrupt the traditional friendship and deep mutual trust between China and Russia”.

assetto corsa mods

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