Tags: brics | ccp | indicted
OPINION

We Implode as We Abdicate Our Global Leadership

america in currency and other decline
(Skypixel/Dreamstime) 

Brig Gen (ret) Blaine Holt By Tuesday, 04 April 2023 08:17 AM EDT Current | Bio | Archive

President Donald J. Trump is the first president in U.S. history to be spied on, impeached twice under a hoax, betrayed by public officials, forced to divulge tax records, raided by federal law enforcement, and indicted on timed-out misdemeanor counts elevated to felonies.

The current administration that calls any whisper of a compromised 2020 election "The Big Lie," is so insecure in their apparent victory precedent and legal standing has been thrown to the wind, to take down the 45th commander in chief permanently.

"Get Trump" at any cost is now job number one.

New York District Attorney Alvin Bragg has fulfilled his campaign promise to political activist and financier, George Soros.

Hey, Manhattan  you guys paying attention yet?

The Biden administration seems to have no interest in working for the citizens — not on inflation, securing our open borders, harnessing American energy to lower costs for all families (if you have a gas stove, believe in coal or oil — run for cover), or finding our domestic saboteurs. 

As the clock ticks toward 2024, it’s full steam ahead to "Get 45!"

While the media focuses our attention on this relentless nightmare of political persecution, that should be equally alarming to non-Marxist Democrats, the people better pay attention to what is not getting reported.

Anything else out there we should be keeping an eye on?

Glad you asked.

Yes!

The Chinese Communist Party (CCP), fresh off diplomatic wins in Russia and the Mideast have scored again, this time in Brazil.

Copying the framework recently set by Russia and Iran, sketchy election winner, Brazil President Luiz Inácio Lula da Silva, announced that it will trade directly with China in Chinese Yuan, pushing aside the U.S. dollar.

Sound "ho-hum"?

Russia and China pushing to change the world’s currency from American greenbacks to the Chinese Yuan should deeply concern you.

This milestone if enacted would be permanent and negatively alter our American way of life. Here is an acronym you need to know: BRICS+.

Brazil, Russia, India, China, South Africa Plus (new members) — a collaboration of countries that China is leading to be the dominant suppliers of manufactured raw materials, goods, and services by 2050.

The goal — to remove the U.S. dollar as the world’s reserve currency.

Remember World War II? To the victor goes the spoils.

The U.S. used the post-war Breton Woods conference to define the new global rules and forged institutions like the World Bank and IMF to administer them.

Our currency became the common transaction medium, and we prospered mightily here at home as a result.

As the victors, we claimed to be a benevolent and reluctant superpower in the global commons, standing by the integrity of our Founding documents and the full faith and credit of our gold-backed currency. American values were our calling card.

Vietnam, Watergate and all the scandals along the way diminished American credibility, but even aborting the gold standard and "interesting" clandestine influence operations that countered the "force for good" State Department marketing, did little to put a dent in the King Dollar supremacy.

Global grumbling was quite manageable until 9/11 and President George W. Bush and all the presidents since took advantage of the reserve currency with a weaponized monetary policy to compel loyalty globally.

"Play ball and keep a healthy supply of U.S. dollars in reserve."

Indeed, this power brought nations to heal.

Remember the Arab Spring?

The U.S. masterminded the 2008 recovery by printing more greenbacks.

However, the resultant devaluing, dropped the dollar as, quite predictably, commodities, to include food skyrocketed. The third world, especially the Mideast could no longer feed itself and governments toppled . . . some like Egypt arguably never recovered.

Hillary Clinton tried in vain to paint the whole affair as a Berlin Wall moment . . . even CNN couldn’t sell that whopper.

The BRICS+ led by Xi Jinping are capitalizing now on global bitterness toward American weakness and irresponsible economic policies devaluing the dollar.

Russia, Saudi Arabia, Iran, Brazil, and new recruits almost weekly are coalescing behind the CCP and likely the World Economic Forum’s vision of ending the U.S. dollar as the reserve currency in favor of a multinational instrument.

They plan to unveil the new currency in August at the BRICS+ conference.

Think one world currency.

Of course, a realized coup d’état of the dollar, would bring misery to the U.S., the likes of which, we have never seen. With the printing game over, the hangover would be epic.

We would be on the hook for $31 trillion in on-balance sheet and $80 trillion in off-balance sheet debt.

Will you trust Janet Yellen and Jerome Powell and their push for a Central Bank Digital Currency (CBDC)?

CBDC gives them control of your money and by extension your liberty.

All these headline stories are connected.

We the people need to be paying attention.

Whether it’s finally collaring Trump or destroying our prosperity while abdicating global leadership, the uni-party of D.C., led by Team Biden, moves with purpose and lightening speed.

Brig. Gen. Blaine Holt (retired) is a co-founder of Restore Liberty, a former deputy representative to NATO, a lifetime member on the Council on Foreign Relations, and a Newsmax contributor. The views presented are those of the author and do not represent the views of the U.S. Government, Department of Defense, or its components. Read Gen. Holt's reports — More Here.

© 2024 Newsmax. All rights reserved.


BrigGenBlaineHolt
We need to be paying attention. Whether it’s finally collaring Trump or destroying our prosperity while abdicating global leadership, the uni-party of D.C., led by Team Biden is moving with purpose and speed.
brics, ccp, indicted
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2023-17-04
Tuesday, 04 April 2023 08:17 AM
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