"The BRIC group needs Germany to complete De-Dollarization"

"The BRIC group needs Germany to complete De-Dollarization"

Ogwe

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German Media reports alleged that the US President received a top secret briefed on phone tapping of German German Chancellor from the director of the National Security Agency (NSA), in 2010. .

I was not surprised with the allegations that in 2010 the President was told about the monitoring of German Chancellor's communication. The President is a decent, God fearing gentleman who would not allow himself the indecency of allowing intelligence to listen to calls of a German Chancellor's mobile phone without a proper, practical reason.

We all agree that Germans are intelligent people,German machines are known for there quality, matter of fact I drive a German Car 2000 model, the engine is as good as new, an envy of many locals. Germany is a good partner of the United States, she is also a trusted member of NATO,thus unlikely to be a security threat to the United States of America.

Here a Sub Saharan perspective on the real reason the German Chancellor's mobile phone is of interests to US intelligence community. .. Do Get yourself a Cup of tea and follow the discussion to its conclusion...

We have all agreed that the good Old Germany is and has always been an industrial giant, an economic powerhouse, the engine that drives Europe, When Berlin sneeze the French and the rest panic, this makes the German industrial machine a direct business rival of the United States of America.

Germany provides the world the hope and is a utopia of an alternative World experience, the exploration of how the alternative world would look under De-Dollarization and the various changes that would occur, and what this world would be like forms the basis of why German Chancellor's communication could have been tapped...

Investopedia - Define "Dollarization", as; "A situation where the citizens of a country officially or unofficially use a foreign country's currency as legal tender for conducting transactions. The main reason for dollarization is because of greater stability in the value of the foreign currency over domestic currency. The downside of dollarization is that the country gives up its right to influence its own monetary policy by adjusting the money supply." De-Dollarization is the opposite of "Dollarization".

When one reads screaming articles like; "In 2012 the German Government asked the Federal Reserve to return German central bank gold ‘held in custody' for the Bundesbank by the Fed. Shocking the world, the US central bank refused to give Germany her gold back, using the flimsy excuse that the Federal Reserve ‘could not differentiate German gold bars from US ones"…

It dawns on one that American intelligence community would be interested in mobile communication of a leader of a country whose resources US government is reluctant to release. This is particularly important when Russia and China are threatening to work on a paving the way for the global de-dollarization.

There is also a possibility that German intelligence suspected that "the gold chamber of Fort Knox" could have been emptied to fund wars ..Iraq, Afghanistan etc

It could be that US central bank got baited by German government; the refusal to release German Gold must have convinced Germans that De-Dollarization is an whose time has arrived.

Articles telling readers; "A Russian-Chinese alternative to the dollar in the form of a gold-backed ruble and gold-backed Renminbi or yuan, could start a snowball exit from the US dollar"..

Comments like above supports the view that German economic policies have a direct bearing on the influence of US dollar..

The new Chinese silk road snaking across Sub Saharan Africa is pushing the De-Dollarization agenda, binding Africa's economies to the Chinese Yuan. When the BRIC group of emerging economies launched it's New Development Bank (NDB) in Shanghai - backed by populace countries such as Brazil, Russia, India, China and South Africa, Germans like any other European Economic powerhouses wavered in there loyalty to the dollar.

This is what American economists fear, German foreign policy is markedly different from that of the United States, its more business oriented and building bridges . For instance, the recent German response to the Syrian refugee's crisis was good politics delivered to show the BRIC group that German has not closed it's borders to the alternative world.

Americans were quick to pick the German dance, "Schuhplattler" a traditional style of folk dance popular in the Alpine regions of Bavaria and Tyrol ...To play catch up Americans unleashed it's own, confusion Americans offer to bring in Syrian refugees went through confusion.. the Anglo-American square dance, Native American fancy dance, Spanish fandango, Latin salsa, Irish jig, Bohemian polka, Scottish highland fling, African American hip-hop, and English Morris dance. The US partisan politics undermined the intention of the current US administration to soften the emerging rough image American foreign policy have internationally.

The rejection of refugees and immigrants made through comments spitting out of the mouths of politicians such as Donald John Trump , a powerful American personality with substantive following in America, a business magnate, investor, author, television personality and candidate for President of the United has undermined American standing internationally.

Now we are getting reports that IMF has accepted Yuan's inclusion in the basket known as Special Drawing Rights (SDR). The IMF argument is that yuan's inclusion will make the SDR more diverse and representative of the international community, this is the vehicle for De-Dollarization of global economy and Germany without doubt has the trust of the BRIC group, the step they take will define the power axis of the next century ..

Source:
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