Putin Aide Details Russia’s Gameplan Against the Empire

The Empire’s debt casino is unsustainable and the ruling oligarchy sees war as the only way to salvage their hegemony Sergey Glazyev 31/03/2016 Originally appeared at Lenta.ru. Translated by Julia Rakhmetova and Rhod Mackenzie The author is a prominent economist, advisor to the Russian President on regional economic integration, and the mind behind the Eurasian Economic Union Is there any reason to expect the lifting of American sanctions? The sanctions are an element of the hybrid war that the US is waging against us. They are doing this not because they do not like Russia’s ‘annexation’ of the Crimea, but because of the objective and subjective interests of the American  establishment. The US is losing its hegemony: it is already producing fewer products and exporting fewer technologies than China. China is also catching up with America in the number of scientists and engineers, and many innovative Chinese technologies are capturing world markets. China’s development rate is five times that of the US. The international system of economic entities recently set up in China exemplify the new world economic order. The economic entities that dominate in the US, serving a financial oligarchy, have destabilized the American monetary and financial system, which defaults about twice a year. The causes of the global financial crisis of 2008 have not disappeared and the American debt bubble — financial pyramids composed of derivatives and the national debt...

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