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Economic Warfare in the Final Phase

Posted by Matt in September 1st, 2007

Russia is not only engaged in a military buildup. Russia wants to use its economic muscles. You might ask what economic muscles Russia could have? It is bankrupt, backward, hobbled, demoralized and generally dismissed as an effective economic actor. We must remember, however, that positions in the world economy can change, that tables can be turned. Last June, at the International Economic Forum in St. Petersburg, the Russians called for a “new international financial architecture.” Here is Russia’s “Final Phase” economic strategy. The financial vulnerability of capitalism is growing. Keep pushing oil prices higher. Weaken the dollar. Precipitate the inevitable “crisis of capitalism.” Let the have-not nations rise up. Let them throw off their dollar shackles. Let them unite with Russia and China in “one clenched fist.”

By J. R. Nyquist

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Published in Economy, Financial, Russia, , ,

Map for Moscow, Russia

[Countries link to CIA Factbook. States link to Wikipedia.]


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1541. rightguard said,
September 1st, 2007 at 3:31 pm

It is not possible for capitalism to fail.It relies on the greed of the many whereas russia’s economic frankenstien relies on the greed of the few. Economics by nature is cyclic,the weakness of capitalism is a mirage.

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