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Russia's Petro-Ruble Challenges US Dollar Hegemony.
China Seeks Development of Eurasian Trade

(Global Research) - Added to this is the declaration today by Russia's Press TV - China will re-open the old Silk Road as a new trading route linking Germany, Russia and China, allowing to connect and develop new markets along the road, especially in Central Asia, where this new project will bring economic and political stability, and in Western China provinces,where "New Areas" of development will be created. The first one will be the Lanzhou New Area in China's Northwestern Gansu Province, one of China's poorest regions.

    "During his visit to Duisburg, Chinese President Xi Jinping made a master stroke of economic diplomacy that runs directly counter to the Washington neo-conservative faction's effort to bring a new confrontation between NATO and Russia." (press TV, April 6, 2014)

    "Using the role of Duisburg as the world's largest inland harbor, an historic transportation hub of Europe and of Germany's Ruhr steel industry center, he proposed that Germany and China cooperate on building a new "economic Silk Road" linking China and Europe. The implications for economic growth across Eurasia are staggering."

Curiously, western media have so far been oblivious to both events. It seems like a desire to extending the falsehood of our western illusion and arrogance - as long as the silence will bear.

Germany, the economic driver of Europe - the world's fourth largest economy (US$ 3.6 trillion GDP) - on the western end of the new trading axis, will be like a giant magnet, attracting other European trading partners of Germany's to the New Silk Road. What looks like a future gain for Russia and China, also bringing about security and stability, would be a lethal loss for Washington.

Peter Koenig is an economist and former World Bank staff. He worked extensively around the world in the fields of environment and water resources. He is the author of Implosion - fiction based on facts and on 30 years of experience around the globe.

Voice of America Russia :: Russia prepares to attack the petrodollar

 

Is Peter Koenig a US Patriot (Tea Party) or a proud Ron/Rand Paul Libertarian?

Peter Koenig, Keynote Speaker - 1st Patriot Expo of South Carolina (2009)

Amnesia and Gaza Genocide

by Oui on Sun Apr 27th, 2014 at 03:19:17 AM EST

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