The Sunday Guardian

PUTIN’S COVID-19 OIL SHOCK DESIGNED TO TOPPLE US DOLLAR

- MADHAV NALAPAT BENGALURU The faithful

Both MBS and Putin have initiated measures that will have the eventual effect of ending the 1971 link between petroleum and the US dollar.

Unlike in India, where Prime Minister Narendra Damodardas Modi has diplomatic­ally adopted a cautious approach in practice towards the Lutyens Zone, US President Donald John Trump sought from the very start of his first term not to merely weaken but eliminate the influence of the long-term czars and czarinas of the Washington Beltway. As a consequenc­e, while Modi has had to endure only the usual political vitriol during his first term, Trump has been subjected to an unending barrage of abuse, sabotage and subterfuge from inside his administra­tion and outside on a scale far above that which any of his predecesso­rs endured in more than a century. Independen­t as his thinking was of that of the Beltway, President Trump sought to (a) move the centrepoin­t of US foreign policy away from the Atlantic to the Indo-pacific, (b) co-opt Moscow as a partner, thereby raising the fear of future irrelevanc­e in Paris, Berlin and London, (c) abandon the historical alliance between the United States and the Wahhabi Internatio­nal by backing Crown Prince Mohammad bin Salman in Saudi Arabia over those within the Al Sauds who sought to retain the primacy of Wahhabi elements, (d) focus on China as the primary threat to the US rather than remain fixated on the “Russia threat” as his European partners wanted him to be, and in the process, (e) bring North Korea through personal diplomacy towards

A Tibetan monk, wearing a mask, walks out of the Gyuto Tantric Monastery, which has been closed for a month amid coronaviru­s fears, in Dharamsala, on Thursday. a path as would preclude resort to force in the peninsula. The Europe-obsessed Washington Beltway, the Wahhabi Internatio­nal and China boosters (such as Bill Clinton and Michael Bloomberg) have consequent­ly combined in a so far successful effort at preventing the comprehens­ive geopolitic­al changes that Trump with his practical business logic senses are key to a 21st century future where the US remains the primary power. The consequenc­e of the policy mishaps caused through the contradict­ory moves of a change-seeking US President and the many tradition-bound elements in his team has been the evolution of a situation where the primacy of the US is now under threat. Although this is being sought to be explained away by the Beltway

and its captive media as a consequenc­e of the actions of the 45th US President, the reality is that the steady shredding of US influence is the consequenc­e of governance meltdown caused by the savage attacks on the Trump Presidency by the triumvirat­e of the Atlanticis­t Beltway, the Wahhabi Internatio­nal and the China boosters.

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