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05 August 2022, 17:24

Opinion: Transition to USD alternative will destroy USA's economic system

An archive photo
An archive photo

MINSK, 5 August (BelTA) – The transition to a USD alternative will mean the collapse of the economic system of the United States of America, Aleksei Avdonin, an analyst with the Belarusian Institute of Strategic Research (BISR), told the V Teme [On Point] online project on BelTA's YouTube channel.

“We all understand that the dollar is a kind of simulacrum, an arrangement that allows the USA to print unbacked paper notes that are accepted by the whole world. Although in reality they are not backed by anything. The United States of America did everything to nip in the bud any attempts to destroy the dollar system. Remember Gaddafi. He found himself in the crosshairs when he announced plans to introduce a new gold-backed currency for North Africa. The transition to the dollar alternative would mean the collapse of the dollar system,” Aleksei Avdonin said.

He noted that after the start of the special military operation Russia decided to switch to settlements in rubles. “They pegged rubles to the real equivalent of value - to gas. Thus, they gradually and consistently began to destroy the dollar system. The dollar is not pegged to gas or oil, and everyone is well aware of this. It is supported by the defense industry and U.S. Armed Forces. They, in turn, immediately destroy countries that declare alternative equivalents of value,” the political scientist said.

In his opinion, China, Russia, India and the countries of the Middle East are aware that everyone is sick and tired of the Anglo-Saxons. “They are tired of them economically, they are tired of their exploitation. The world should be different. And the president very clearly explained to the journalist of France-Presse that citizens of European countries are waiting for national leaders to come to power. Those who will care about their people and will do everything in order to earn respect for their nation. If you talk to the Germans, you will see some kind of adulation for the Americans. At the same time, for example, Charles de Gaulle earned respect for the French nation that is independent from the United States of America. Why don't they host U.S. military bases like Germany does? Because de Gaulle did everything to rid France of the presence of the Americans,” Aleksei Avdonin said.

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