Socio-Economics History Blog

Socio-Economics & History Commentary

De-Dollarization Continues, More Countries Pivot Away From The Dollar

  • X22Report Published on Oct 10, 2017
    Russia’s central bank is trying to stop cryptocurrencies. London housing prices are falling, the bubble is popping. In NY the commercial real estate and residential real estate is falling apart, foreclosures are way up, back to 2009 levels. The IMF is trying to convince the world that the economy is fully recovered, but buried deep in the report it says the recovery cannot be sustained. More countries move away from the dollar, Turkey and Iran decide to trade in their local currencies.

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October 13, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

Middle East and Asia Geopolitics: Shift in Military Alliances?

http://www.globalresearch.ca/plans-for-redrawing-the-middle-east-the-project-for-a-new-middle-east/3882

The following map was prepared by Lieutenant-Colonel Ralph Peters. It was published in the Armed Forces Journal in June 2006, Peters is a retired colonel of the U.S. National War Academy. (Map Copyright Lieutenant-Colonel Ralph Peters 2006).

  • Middle East and Asia Geopolitics: Shift in Military Alliances?
    by Prof Michel Chossudovsky, https://www.globalresearch.ca/
    A profound shift in geopolitical alliances is occurring which tends to undermine US hegemony in the broader Middle East Central Asian region as well as in South Asia. Several of America’s staunchest allies have “changed sides”. Both NATO and the Gulf Cooperation Council (GCC) are in crisis.

    Turkey and NATO
    NATO is characterized by profound divisions,  largely resulting from Ankara’s confrontation with Washington. Turkey –which constitutes NATO’s heavyweight– is now fighting US-supported Kurdish rebels in northern Syria, –i.e  the US which is member of NATO is supporting and financing Kurdish rebels who are fighting a NATO member state.

    While Turkey formally remains a member of NATO –which has an integrated and coordinated air defense system–, the Erdogan government has purchased Russia’s S400 air defense system which is slated to be used against America’s Kurdish proxies in Northern Syria.

    A NATO member state is now using the air defense system of an enemy of US-NATO against US-NATO supported rebels. In turn, Turkey has dispatched troops to Northern Syria with a view to eventually annexing part of Syria’s territory. In turn, Moscow and Ankara have established an alliance of convenience.

    Israel is a firm supporter of the formation of a Kurdish state in Iraq and Northern Syria, which is considered as a stepping stone to the formation of Greater Israel.  Tel Aviv is considering the relocation from Israel of more than 200,000 Jewish ethnic Kurds to the Kurdistan region of Iraq.

    In turn the bilateral military cooperation agreement between Turkey and Israel is in jeopardy. Needless to say these developments have also led to the reinforcement of US-Israeli military cooperation including the setting up of a US military base in Israel.

    Meanwhile, Turkey  has established closer links with Iran, which ultimately contributes to undermining US-NATO strategies in the broader Middle East.

    The New Middle East
    Washington’s strategy consists in destabilizing and weakening regional economic powers in the Middle East including Turkey and Iran. This policy is also accompanied by a process of political fragmentation (see map above)


    read more.

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October 3, 2017 Posted by | GeoPolitics | , , , , , , , , | Leave a comment

US-Led Coalition Exchanged Fire with Turkish-Backed Rebels in Syria

  • Published on Aug 29, 2017
    US-led coalition forces in Syria have returned fire after being shot at by Turkey-backed rebels near the northern city of Manbij, according to a coalition spokesman.

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August 30, 2017 Posted by | GeoPolitics | , , , , , | Leave a comment

‘Turkey No Longer Acting as US Deputy in NATO’: Analyst

  • Published on Aug 25, 2017
    Turkey’s plan for a joint operation with Iran against the Kurdistan Workers’ Party (PKK) militants is a “big deal” for the United States because Washington does not like members of the North Atlantic Treaty Organization (NATO) to act independently, says an analyst.


    “America’s tentacles are wide and Turkey, a NATO member who is now engaged in security operations with Iran that will almost certainly be against the mutual Kurdish threat, this is a big deal to the United States because the United States does not have partners. It has dependents and it has deputies,” Adam Garrie, editor of theDuran.com, told Press TV’s ‘On The News Line’ program.

    “Turkey is no longer acting like a deputy in NATO. It is acting like a free and sovereign nation and President [Recep Tayyip] Erdogan will soon find out that America does not like countries in NATO exercising their own prerogative even when it is clear it is in their own self-interest as this rapprochement, as these good relations between Ankara and Tehran certainly are,” he added.

    Turkey’s President Erdogan said on Monday that a joint Turkish-Iranian operation against Kurdish militants was “always on the agenda.”However, Iran’s Islamic Revolution Guards Corps (IRGC) has dismissed reports about plans for a joint operation with Turkey against the PKK militants outside the Iranian borders. Turkey has been fighting against the outlawed PKK militants for decades. Iran is also fighting PJAK, a PKK offshoot, in its northwestern border region with Turkey. Iranian forces killed five PJAK terrorists in an ambush there last June. PJAK randomly carries out hit-and-run attacks on Iranian targets, after which they retreat to their lairs in Iraq and Turkey.

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August 26, 2017 Posted by | GeoPolitics | , , , | Leave a comment

Jim Willie: Petrodollar System Collapse

Click on image to download MP3 interview.

  • The Ochelli Effect-2017-07-20 Jim Willie Petrodollar System Collapse
    by https://ochelli.com/, Jim Willie http://Goldenjackass.com
    Hour one.
    * petrodollar system collapse
    * Jim’s been sick for weeks, but starting to feel better.
    * Why is the MSM constantly talking about exchange rates?
    * petrodollar system collapse?
    * A lot of movement different currencies, and the dollar collapse.
    * The Euro is on the rise, all seems well in central Europe, but Jim says it’s not.
    * The dollar is in deep trouble due to the petrodollar system collapse.
    * The Chinese are going to buy Saudi oil with their own currency.
    * Threats of sanctions from Germany, and they are going to ignore the Russian sanctions.
    * Germany is starting to flip east as Jim predicted some years ago.
    * American opinion or policy doesn’t matter any more
    * The entire energy market is moving away from dollars [13 mins in].
    * OPEC is now toothless because of , petrodollar system collapse?
    * Treasuries are being dumped, who’s picking up the slack?
    * Jim and Chuck are both obnoxious , and happy about it.
    * Iran dumped 80 tankers full of oil onto the market
    * bonds and the petrodollar system collapse
    * Countries are going to dump treasuries putting massive pressure on derivatives
    * The US will be loosing the global reserve currency.
    * Did the German’s get their gold back? 140 tons of stolen gold in Libya.
    * Is Trump a clown or a genius? or genius at being a clown?
    * Trump asked Germany to pay more towards NATO, the Germans seem to have another plan.
    * NATO is coming apart?
    * Gold standard and Don’t forget Silver.
    * Did the German’s get their gold back?
    * German air force suffering from parts shortages
    * Turkey buying S400 missile systems from Russia
    * Chemtrails, GMO food and seeds, vaccines , primer for petrodollar system collapse
    * Global currency reset to replace dollar
    * Germans are printing marks others to in Europe
    * Euro behind the curtain
    * Fort Knox is empty , or maybe not
    * economic stagflation
    * domestic only Dollar 2.0
    * The system will offer the cure to collapse
    * What role will France and the NEW Mark play?
    * DC vs. The rest of the world.and the petrodollar system collapse

    Hour two
    *Kim , and Kim Jung Un , plus other fascists?
    * SJWs Suck
    * Why can’t certain subject be discussed on FaceBook?
    * Vaccines and chemical elements involved in the rise of sexual deviations.
    * petrodollar system collapse?
    * Free Speech safe space, in cyber space ?
    * Jim Willie is the founder of Golden Jackass.com and editor of the HAT TRICK news letter: http://goldenjackass.com

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July 25, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Jim Willie: Petrodollar System Collapse

Petrodollar Faces Growing Threat From the East. Payments in Gold Across Asia

  • Petrodollar Faces Growing Threat From the East. Payments in Gold Across Asia
    by Andrew BrennanAsia Times, 27 April 2017, via http://www.globalresearch.ca/
    While the recent raft of Sino-Saudi trade agreements benefited Chinese soft power in protecting Xinjiang, and the Saudis by diversifying their economy, China’s slow intertwining with Saudi Arabia complements the Sino-Russian alliance. Primarily, its benefits could lead to a realistic threat to the petrodollar.

    The Persian rival who showed the way
    In 2012/2013, the US Treasury Department, under the Obama administration, initiated a raft of sanctions in an amateurish fashion against the Central Bank of Iran. As we were told, it was done to tire and bleed Iranian economic and social life enough to draw Tehran into negotiations concerning its nuclear programme. The argument of were they/weren’t they pursuing a weaponized nuclear program isn’t important; how the Iranians circumvented these sanctions is.


    The sanctions were meant to be stifling, but the Iranians loosened this problematic liquidity noose by using all their banks that weren’t sanctioned, and sold rich Iranian oil to India. Of course, the Indians couldn’t pay Tehran directly. Neither could they pay bilaterally in rupees due to sanctions and infrastructure needed to trade in a bilateral currency. Instead, Iran requested that India pay in gold so India paid Turkey, the Middle East’s gold market, and Turkey gave Turkish gold to Iranian banks, which then swapped with the Central Bank of Iran.

    Turkey, for its part, may soon be the gold payment intermediator across Asia, and is already nationalizing the sector with a demand for private confiscation occurring to support the Turkish economy, but this has scarcely been reported.

    This clever evasion was known as the Iran-India-Turkey triangle. Iran was escaping the dominance of the US dollar and trading in real money, not a hegemonic fiat currency that was being printed hot-off-the-press all day. They were dealing in gold; not something that could be strangled through SWIFT and electrons traded on a screen easily. A simple intermediator and precious metals could break Obama’s heralded “crippling” sanctions.

    Iran ideologically, as well as practically, wants nothing to do with the US dollar but rather it wants to be free of monetary pressures by the US on its domestic policies. The effectiveness of this evasion was a preview to what countries like China, Russia, and to a lesser extent India and South Korea, have all been trying to do: increase their independence from the US dollar. The Iranian gold triangle showed successful independence from US dollar reliance.

    The Chinese usurpers and their yellow metal
    Fast forward to March 2017; the Russian Central Bank opened its first overseas office in Beijing as an early step in phasing in a gold-backed standard of trade. This would be done by finalizing the issuance of the first federal loan bonds denominated in Chinese yuan and to allow gold imports from Russia.


    read more.

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July 21, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Comments Off on Petrodollar Faces Growing Threat From the East. Payments in Gold Across Asia

Turkish Media Reveals American Base Locations in Syria

  • Published on Jul 19, 2017
    A Turkish state news agency has released a list of U.S. military bases in Northern Syria, as relations between the two NATO allies take another downturn. The outlet claims to have detected Washington’s hidden outposts, located in Kurdish-held areas. READ MORE: 
    https://on.rt.com/8i75

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July 21, 2017 Posted by | GeoPolitics | , , | Comments Off on Turkish Media Reveals American Base Locations in Syria

Pentagon Furious After Turkey Leaks U.S. Base Locations In Syria: “Hard Not To See This As A F-You”

https://twitter.com/anadoluajansi/status/887697797197254656/photo/1

  • It is correct to say that Turkey is 100% on the side of the Russians. Syria did not attack US-NATO. Syria did not threaten US-NATO. So why is US-NATO attacking Syria and supporting terrorists? Syria did not invite US-NATO into their territory. It is an illegal war of aggression by US-NATO.
  • Pentagon Furious After Turkey Leaks U.S. Base Locations In Syria: “Hard Not To See This As A F-You”
    by Tyler Durden, http://www.zerohedge.com
    So much for NATO-alliance members working for the common good. In a move that has angered the U.S. for obvious reason, Turkey’s state-run news agency Anadolu Agency has leaked the precise locations of U.S. bases in northern Syria. The move – which exposes the exact locations of American soldiers on the front lines in the war-torn nation – has sent the ongoing feud between the two NATO allies to new lows. As Bloomberg details, in reports published in both Turkish and English on Tuesday, Anadolu provided detailed information about 10 U.S. bases in northern Syria, including troop counts and a map of the U.S. force presence in the Turkish version.

    Without citing specific sources, the state-run news agency unveiled the ten US outposts located in areas controlled by “terrorist” Kurdish militias in the provinces of Aleppo, Hasakah and Raqqa. The reports said that the military outposts are “usually hidden for security reasons, making it hard to be detected.” It said they were located “in the terrorist PKK/PYD-held Syrian territories,” a reference to Kurdish groups that Turkey’s government considers terrorist organizations.

    While locations of two of the bases, in Rmeilan district (in Hasakah province) and Harab Isk village (near Kobani, in Aleppo province), had already been widely publicized, the others had been mentioned only in outside reports, or were completely unknown. Anadolu’s story also provided systematic and detailed information about troop numbers, equipment, and US operational procedures at the outposts.

    Needless to say, the Pentagon was furious.

    read more.

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July 20, 2017 Posted by | GeoPolitics | , , , , , , , , , | Comments Off on Pentagon Furious After Turkey Leaks U.S. Base Locations In Syria: “Hard Not To See This As A F-You”

New Report Concludes The US Empire Is Collapsing

  • Published on Jul 18, 2017
    Get economic collapse news throughout the day visit http://x22report.com 

    Obamacare failed, it was being replaced with the same insurance, let it fail and then people will see the true nature of what this insurance ponzi scheme has created. New study and it shows America pays the most of insurance and it is dead last in providing health care to its people. Susan Rice and the creator of the dossier have backed out of testifying in front of congress. Legislation has been passed to go after human trafficking. US admits that NK does not have the capability to hit the US. Turkey close to signing deal with Russia for the S-400 missile system. Lebanon military preparing to take control of the border with Syria. The Pentagon releases new report, it concludes that the US empire is collapsing.

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July 19, 2017 Posted by | Economics, GeoPolitics, Medicine & Health | , , , , , , , , , , , , , , , , , , , , | Comments Off on New Report Concludes The US Empire Is Collapsing

NATO Gets Involved in Germany — Turkey Dispute as Tensions Rise

  • Published on Jul 17, 2017
    Berlin’s right to visit German troops at a NATO Konya airbase in Turkey is non-negotiable, says Chancellor Angela Merkel, adding she will “flatly” deny any pre-conditions.

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July 18, 2017 Posted by | GeoPolitics | , , | Comments Off on NATO Gets Involved in Germany — Turkey Dispute as Tensions Rise

Heading Home: German Troops Start Withdrawal from Incirlik Airbase in Turkey

  • Published on Jul 10, 2017
    Germany has begun the process of withdrawing its troops from the Incirlik Air Base in southern Turkey, from where German troops have been carrying out reconnaissance missions as part of the US-led coalition’s campaign in Syria and Iraq. The move follows tensions with Ankara.

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July 11, 2017 Posted by | GeoPolitics | , , | Comments Off on Heading Home: German Troops Start Withdrawal from Incirlik Airbase in Turkey

Qatar Blockade: Arab States Give Doha 10 Days to Cut Ties with Iran & Close Turkish Base

  • Published on Jun 23, 2017
    The Arab states which have imposed an economic blockade on Qatar over its alleged financing of terrorism have issued a severe list of demands, which includes giving Doha 10 days to cut ties with Iran, shutting down Al Jazeera, closing a Turkish military base and paying a fine.

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June 24, 2017 Posted by | GeoPolitics | , , , , , , , | Comments Off on Qatar Blockade: Arab States Give Doha 10 Days to Cut Ties with Iran & Close Turkish Base

Turkey Has No Intention of Closing Qatar Base Despite Saudi Ultimatum

  • Turkey Has No Intention of Closing Qatar Base Despite Saudi Ultimatum
    by https://www.rt.com/
    Turkey has no intention of shutting down its brand new military base in Qatar, it said in a rejection of a demand about the small Gulf kingdom voiced by other Arab nations. Ankara says the base benefits the entire Gulf region.

    Closing the Turkish base is reportedly one of 13 moves expected from Doha by a group of countries led by Saudi Arabia and Egypt, which last month declared a transport blockade of Qatar and downgraded diplomatic relations with it.

    “If there is such a demand, it will mean interference in bilateral ties,” Turkish Defense Minister Fikri Isik told the local broadcaster NTV. On Thursday, five armored vehicles and 23 troops arrived in Qatar from Turkey as part of the military cooperation between the two countries. There are already 88 Turkish soldiers stationed in Qatar, and that number is expected to eventually reach 1,000, according to Turkish newspaper Hurriyet. The agreement to host a Turkish base in Qatar was signed in 2014.

    “The strengthening of the Turkish base would be a positive step in terms of the Gulf’s security,”
    Isik said. “Re-evaluating the base agreement with Qatar is not on our agenda.”

    The minister added that the base in Qatar benefits the security of the entire region. He added the Arab nations opposing Qatar didn’t send a demand to shut down the base to Turkey directly.

    The rift among the Gulf nations is the latest iteration in a long-standing conflict over a number of issues, including Qatar’s support of the pan-Arab network Muslim Brotherhood, its economic ties with Iran and the influence it has in the Arab world thanks to its state-sponsored news channel Al Jazeera.

    read more.

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June 24, 2017 Posted by | GeoPolitics | , , , | Comments Off on Turkey Has No Intention of Closing Qatar Base Despite Saudi Ultimatum

Turkey Supports Persian Gulf Arab State Qatar, May Intervene to Solve Crisis

June 8, 2017 Posted by | GeoPolitics | , , , , | Comments Off on Turkey Supports Persian Gulf Arab State Qatar, May Intervene to Solve Crisis

Breaking: “Trump Calls For Turkey To Release Christian Pastor In Prison”

May 18, 2017 Posted by | GeoPolitics | , | Comments Off on Breaking: “Trump Calls For Turkey To Release Christian Pastor In Prison”