The Phaserl


Enter The Dragon

by Bill Holter, Miles Franklin:

It was only a matter of time (a very short time) before China (and their new partner Russia) wakes up to being poked and prodded by the U.S. Last week saw the biggest geopolitical news possibly since the end of WWII nearly 70 years ago. I do not make this statement for shock value, it is true. 70 years ago the United States held a global monetary conference in Bretton Woods N.H. that formalized the dollar as the world’s reserve currency, this arrangement is about to change drastically.

Unbelievably this past week went by with almost no Western press coverage of China and Russia’s new partnership. What coverage there was did not even look 5 seconds into the future as to what it really means. The biggest events were the $400 billion energy deal which will include pipeline infrastructure and the exclusion of dollars.

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