Tuesday 9 June 2015

Enough Of US Domination Of World Economy By Vojislav Zigic.

Dear Mr Ayomide

I am a Serb (Srbin), born in Belgrade/Serbia (Srbija), who now lives in Australia.

I read your article: "Emmanuel Ayomide-Praise: Political lessons from the world’s largest democracy". I respect people from Africa and other not rich countries, like you, who are trying to find the truth about successes in other countries as is India, and apply it to Nigeria. However it can be done ONLY if people see the through reason for, in this case, Indian success.

Indian country economy growing up so fast has nothing to do with "democracy".
The reason is the same as, for example, in China, which is not self-called "democracies": The reason why Indian economy, as well as China's, is: the  large companies in those countries are owned by government, not by individuals, as is the case, for example in USA and Western Europe. whose economies are stagnating or are contracting.
If you are interested I can explain: why it is so and how it works.

I find it strange that people in the world, particularly in the Third World,  are so much influenced by Western propaganda or opinion, without using their own brain.
It is not the case only with "Indian democracy", but also in many other cases.
For example, so called "Arab's springs". Not having enough goods, jobs etc has nothing to do with not having democracy. Have you heard anyone explain how the so called "democracy" will make their fields bear/produce more: wheat, more corn, more food..!? If their land doe not produce more food they wil still not have enough food on their table. And, if anything, a so called "democracy", which often means chaos,  is not the solution, but a strong discipline, and it is not democracy.
The main reason for people in Arabic countries not having jobs, enough food and alike is: demography, they are having too many children, more then they can feed. In some countries there are almost 50% of population under 30 years of age.  

I would like to draw your attention to the following that, I believe,  could be of interest to you:

US Domination of the World: consequences, solutions
USA, draws it's power by making the people of the World  work for them through their currencies.
Remove the source of USA power, which is US$ as international currency/ as the reserve currency, and you will remove USA domination of the world..

By using US$ in international trade other countries are working for USA
In my opinion, by using US$ as a currency in international trade, the world is working for America/USA, the wealth of the world is going, flowing into
America, building America, including it's military.

All that USA does is: print US$ that costs them nothingWhile the rest of the world has to buy the same dollars.
If any country, for example, wants to buy petrol it needs US$, so it has to buy it, pays a lot for it. That way the wealth of other countries in the world, including from your country, is transferred to USA.
That way, the world, including from poor countries of Asia & Africa and other countries: India, South Africa, China, Russia, Brazil, Nigeria etc are financing USA to build: roads, industry, rockets, warships, bombs... etc.

I was watching, on TV, ex-USA governor of USA Central bank, talking about a huge American debt. If I remember correctly he said something like this:
"What debt. All we need to do is: PRINT $" and there will be no debt.
Someone else sad that US owns 100% of US$ and can print US$  as much  as it wants.

I would like to say again and underline the following:
USA/America draws their strength, their power by making the people of the World, including Nigeria, work for them through their currencies.

That means, when America says that they are giving an aid to a third country, say Egypt, for example, $100 millions of American money, it is not true. They are, in fact,  giving to Egypt just the part of the money which they took from Egypt. In other  words they are giving back to Egypt, Egyptian own money, claiming that it is an aid from American taxpayers.   

Remove the source of USA strength/power which is US$ as international currency, and you will remove USA threat to other countries and the American exploitation of other country.
The best, the just solution would be to have international currency, not controlled by any single country, but maybe by UN. Or, use a currency which does not belong to any country or bank. Like, for example, "Bitcoin". That way we will have a more just world.

I believe, BRICS countries are strong enough to make a new currency which would replace US$ in international trade. Other countries, including Nigeria, should join BRICS, particularly Russia and Chain, in making new currency which will replace US$ as the world's reserve currency.

2008 financial crisis ... printing US$
In my opinion, the financial crisis of 2007–2008, also known as the global financial crisis and 2008 financial crisis of USA financial institutions/banks did not happen because of bad loans and alike, as they say, but because America spent more money in Iraq, Afghanistan and in other ways, then the world could absorb if they print new US$. USA can print only as much US$ as the world can absorb i.e. buy. Otherwise if USA prints more US$ then the world can absorb/buy, it causes financial crisis in America and other Western countries.
The true nature and the aim of US$ being used in international trade is: to rip-off the rest of the world of their wealth and the domination of the world by USA: militarily and economically...

China

My impression is that China realizes that US$ is the cause of problems in the world and that the replacement of US$ could be the key to solving problems and protect Chine from USA threat. Unlike other countries, China is still doing something about it:
* Making contracts  with some countries, not to use US$ for paying, but to use their own currencies.
* Also in the official Chinese Government newspaper "Xinhua" (October 13, 2013), Liu Chang writes: "...introduction of a new international reserve currency that is to be created to replace the dominant U.S. dollar...".
It means that China realizes that the main reason for American domination of the World is the US$ as the reserve currency and that a new currency should be made which will replace US$ in international trade.

Accordingly to what I know, Russian leadership has came to the same conclusions and are now doing the same USA is using US$ to force Russia and other countries to work for them, and that therefore it is in Russian interest, as well as in every other country in the world, including Nigeria to stop using US$ and  replace it with their own money or other currencies.

I would like to say again and underline the following:
In my opinion,  BRICS countries, particularly China & Russia, should make a new currency which will replace US$ as the world's reserve currency. Other countries should join them.

My assessment/forecast

My assessment is that USA and Western Europe financial crisis will continue. There are more indications that they will never recover from it. If this my forecast is correct then we can expect more and more troubles in the world caused/made by USA:  wars, invading other countries and killing their people and alike.
It is very likely that the World War III will be caused by USA/America.

We have a saying: "A wounded beast (wild animal) is very dangerous".

My assessment is:
The Centre of The World Power is moving from USA to BRICS, particularly to China & Russia.

Hoping that this my letter will be of some help.

Regards
Voyislav Zigich,

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