Putin: “The Era Of A Unipolar World Order Has Come To An End”

The Roman emperor Marcus Aurelius once made the analogy that holding on to power is like holding a wolf by the ears…

One dares not let go of the wolf for fear of getting eaten, and the longer one holds the wolf by the ears, the more pissed off it will be…such is the irony of power—it eventually traps the one holding power.

This is our chief liability as a country that has gone from a quaint yet formidable republic to a global empire…

Our founding fathers—particularly George Washington, stressed isolationism as a matter-of-fact policy. We should have no interactions with the international community—save trade relations.

They understood, all too well, the analogy of the wolf…

For a short while, this isolationism was honored—our government even strived for it, but then the idealistic degradation that always sets in did. We forgot the warnings of our forefathers.

Slowly but surely, the United States began to involve itself in global affairs and global conflicts: ‘humanitarian’ operations, nation-building, spreading ‘democracy’, waging proxy wars, and occupying whole territories became standard.

One of the main features of the world’s 1st genuinely global empire was the advent of the petrodollar system during the administration of Richard Nixon.

All international oil trade was, through international policy and military enforcement, required to be done in U.S. Dollars.

It is alleged that Iraq, Libya, and much of the Middle East were relentlessly attacked due to potential infringements on this internationally enforced policy.

As anyone can guess, this type of bullying can only go on for so long before the victims, brought together through a mutual and deep resentment, begin to fight back…

Before this can happen though, there always needs to be a spark—one initial country or figure that rises up to challenge the status quo.

Vladimir Putin recently announced himself as that figure, and Russia the country, in no uncertain terms during a recent speech he gave at the 25th St Petersburg International Economic Forum.

In what will likely go down in history as the de facto beginning of the end for the post-WWII U.S.-led world order, and the supremacy of the U.S. Dollar, Vladimir Putin predicts a global shift to commodity reserves as the future of finance.

Commodities are simple real-world items with real-world value like agricultural products, energy, and most recently cryptocurrencies/digital assets…

Putin states:

“Under the cloud of inflation, many developing nations are asking a good question: why exchange goods for dollars and euros that are losing value right before our eyes?

The conclusion suggests itself: the economy of mythical entities is inevitably being replaced by the economy of real values and assets.”

Previously, Putin moved to denominate Russian oil and gas sales in Rubles—at least to ‘unfriendly’ countries, and the advent of digital assets like Bitcoin only put further pressure on an overprinted fiat currency like the U.S. Dollar.

38% of all circulating U.S. Dollars came into existence during the pandemic, how could this not cause massive economic reprecussions and geopolitical fallout?

Pundits of the digital economy saw this as a bullish signal for digital assets and Bitcoin in particular:

Putin just gave a speech with massive implications for #Bitcoin and global macro.

We won't read a word of it in Western media, so I pulled out the interesting bits 👇

— Stack Hodler (@stackhodler) June 23, 2022

"We see social and economic problems worsening in Europe, and in the US as well, food, electricity and fuel prices rising, with quality of life in Europe falling and companies losing their market edge."

— Stack Hodler (@stackhodler) June 23, 2022

Adam Townsend featured an English transcript and a full English audio translation of the speech:

According to the IMF, global currency reserves are at $7.1 trillion and 2.5 trillion euros now. These reserves are devalued at an annual rate of about 8 percent.

Moreover, they can be confiscated or stolen any time if the United States dislikes something in the policy of the states involved.

I think this has become a very real threat for many countries that keep their gold and foreign exchange reserves in these currencies.

⚡President Putin at #SPIEF2022: "The United States, having declared victory in the Cold War, declared themselves the messengers of God on earth, who have no obligations, but only interests. They seem not to notice that new powerful centers have formed on the planet" pic.twitter.com/3vxPEQy0bP

— The Eurasianist ☦️ (@Russ_Warrior) June 17, 2022

"Russia is entering the coming era as a powerful sovereign country and only strong sovereign states can have their say in the emerging world order, or are doomed to remain or become a colony," President Putin concluded his speech at #SPIEF2022 pic.twitter.com/7isvpFx5av

— The Eurasianist ☦️ (@Russ_Warrior) June 17, 2022

CNN reports:

Once the Russian president took the stage in the western Russian city, he wasted no time on pleasantries and went straight into attacks on the United States and its allies.

“They live in the past on their own under their own delusions … They think that … they have won and then everything else is a colony, a back yard.

And the people living there are second-class citizens,” he said, adding that Russia’s “special operation” — the phrase the Russian government uses to describe its war on Ukraine — has become a “lifesaver for the West to blame all the problems on Russia.”