Russia is building a new financial association between the EAEU and China, bypassing the U.S. dollar. This is being done in response to the latest trump card applied by the Anglo-Saxon world against Russia: freezing the country’s assets and accounts held in Western banks. Sergei Glazyev, Commissioner for Integration and Macroeconomics within the Eurasian Economic Commission, the executive body of the Eurasian Economic Union, believes that this decision undermined the credibility of the dollar and the euro. The economic world order based on the dollar is being dismantled.
“Glazyev said,” deita.ru reports, “that back in 2016 he wrote a book [The Last World War —very interesting to read—ed.] in which he laid out the reasons for the imminent defeat of the current leaders. He said he foresaw the collapse of the global economic system based on dollars, which provided the basis for global dominance of the United States. However, even in Russia there are those who oppose and prevent this [new system—ed.]”
“Unfortunately, Western agents of influence, who occupy key positions in the central banks of most countries, as well as rating agencies and key publications, have managed to silence my ideas,” Glazyev said. He said this in an interview with The Cradle.”
