Why the West Can't Win: From Bretton Woods to a Multipolar World

Why the West Can't Win: From Bretton Woods to a Multipolar World

by Fadi Lama
Why the West Can't Win: From Bretton Woods to a Multipolar World

Why the West Can't Win: From Bretton Woods to a Multipolar World

by Fadi Lama

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Overview

Why the West Can’t Win: From Bretton Woods to a Multipolar World addresses how events in the three decades following the collapse of the Soviet Union in 1991 have led to a shake-up in the world’s balance of power, signaling the end of a millennium of West European expansionism. Beginning with the war in Ukraine for regime change in Russia, events have proceeded at a blistering pace.

The West/NATO are losing the proxy war in Ukraine aimed at regime change in Russia. Even the mainstream media are now hinting that Ukraine may lose this war.

The West’s shock and awe sanctions have failed, while damaging Western economies.

Dedollarization looms on the horizon. China, Russia, Brazil, India, ASEAN nations, Kenya, Saudi Arabia, and the UAE are now using local currencies in trade. Saudi Arabia is selling oil in yuan; UAE is selling gas in yuan. Ghana (and other oil-producing countries) are now selling oil in gold instead of dollars. France – the United States’ oldest ally – is now trading with China in yuan. China and Brazil are now trading in each other’s currencies India and Malaysia are currently using the Indian rupee for trade. The BRICS (the economic alliance of Brazil, Russia, India, China, and South Africa) is developing its own currency.

The geopolitical shift has been breathtaking, with the BRICS nations — Brazil, Russia, India, China, South Africa — setting themselves up as an alternative to existing international financial and political forums. Who is coming on board? Saudi Arabia, United Arab Emirates, Egypt, Algeria, Argentina, Mexico and Nigeria. So far.

This book’s geopolitical analysis includes a historical overview, an understanding of the financial systems established at the Bretton Woods conference that continue dominating the global economy, how they are used as a powerful geopolitical instrument, an economic analysis based on real goods production, global energy dynamics, alliances and strategies of key global players. The current global geopolitical clash is in essence a struggle between the colonial powers wishing to preserve the Bretton Woods system that allows siphoning wealth of nations, and sovereign nations striving for independence and an end to a millennium of oppression. This work compares the geopolitical forces since the turn of the millennium with a view to providing insight into their relative strengths and the likely outcome of this struggle.

Product Details

ISBN-13: 9781949762747
Publisher: Clarity Press, Incorporated
Publication date: 05/01/2023
Pages: 357
Sales rank: 99,438
Product dimensions: 6.00(w) x 9.00(h) x 0.75(d)

About the Author

Dr. Fadi Lama is an International Adviser for the European Bank of Reconstruction and Development (EBRD) and a partner in DNL Strategic Consulting, offering consulting services in the fields of geoeconomics, industry, SMEs and academia. He is founder and general manager of a testing equipment and industrial automation systems manufacturing company. Dr. Lama received his PhD in Mechanical Engineering from Georgia Institute of Technology, his MSc in Manufacturing Technology from The City University of London, and his BE in Mechanical Engineering from the American Universit

Read an Excerpt

The strategies of Russia, Iran and China (RIC) are to a large extent influenced by their suffering from Western aggression, and the need to defend against future aggression.

All three are civilizational states with deep roots in history. All are rich nations, that have yet to tap their full potential, and all three have a history of abiding by international law and honoring treaties.

RIC nations are focused on across the board development to recover from the periods during which they suffered from Western domination.

Russia from the 1990s destruction and pilferage frequently referred to as the “Rape of Russia”.
Iran from 80 years of plunder and terrorism by the Anglo-American duo, while China has managed to recover from the devastation of the Century of Shame.

During the first two decades of the millennium, while the Western colonial states were advancing their strategies for taking control of West Asia and North Africa‘s energy resources to extend their global hegemony for the 21st century, the RIC were focusing on their strategic objectives of development and defense. All three nations achieved phenomenal development during these two decades.

Today by far the deadliest weapon of mass destruction in Washington‘s arsenal lies not with the Pentagon or its traditional killing machines. It‘s de facto a silent weapon: the ability of Washington to control the global supply of money, of dollars, through actions of the privately-owned Federal Reserve in coordination with the US Treasury and select Wall Street financial groups. Developed over a period of decades since the decoupling of the dollar from gold by Nixon in August, 1971, today control of the dollar is a financial weapon that few if any rival nations are prepared to withstand, at least not yet.
National defense thus necessarily implies states being prepared to defend their national economies against attacks by the West using Bretton Woods instruments. Illegal unilateral sanctions, the most common instrument used, are far from being the only instrument in the Bretton Woods arsenal. Federal Reserve interest rates, global banks, rating agencies, hedge funds, commodity exchanges, Bank of International Settlements edicts, etc. are all Western tools available for attacking national economies.

Russia, Iran and China have all prepared defenses on an individual bases and in collaboration with each other. The preparations of RIC countries are as follows:

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