Putin Advisor Proposes "Anti-Dollar Alliance" To Halt US Aggression Abroad

Tyler Durden's picture

It has been a while since both Ukraine, and the ongoing Russian response to western sanctions (which set off the great Eurasian axis in motion, pushing China and Russia close together, and accelerating the "Holy Grail" gas deal between the two countries) have made headlines. It is still not clear just why the western media dropped Ukraine coverage like a hot potato, especially since the civil war in Ukraine's Donbas continues to rage and claim dozens of casualties on both sides. Perhaps the audience has simply gotten tired of hearing about mixed chess/checkers game between Putin vs Obama, and instead has reverted to reading the propaganda surrounding just as deadly events in the third war of Iraq in as many decades.

However, "out of sight" may be just what Russia's political elite wants. In fact, as VoR's  Valentin Mândr??escu reports, while the great US spin and distraction machine is focused elsewhere, Russia is already preparing for the next steps. Which brings us to Putin advisor Sergey Glazyev, the same person who in early March was the first to suggest Russia dump US bonds and abandon the dollar in retaliation to US sanctions, a strategy which worked because even as the Kremlin has retained control over Crimea, western sanctions have magically halted (and not only that, but as the Russian central bank just reported, the country's 2014 current account surplus may be as high as $35 billion, up from $33 billion in 2013, and a far cry from some fabricated "$200+ billion" in Russian capital outflows which Mario Draghi was warning about recently). Glazyev was also the person instrumental in pushing the Kremlin to approach China and force the nat gas deal with Beijing which took place not necessarily at the most beneficial terms for Russia.

It is this same Glazyev who published an article in Russian Argumenty Nedeli, in which he outlined a plan for "undermining the economic strength of the US" in order to force Washington to stop the civil war in Ukraine. Glazyev believes that the only way of making the US give up its plans on starting a new cold war is to crash the dollar system.

As summarized by VoR, in his article, published by Argumenty Nedeli, Putin's economic aide and the mastermind behind the Eurasian Economic Union, argues that Washington is trying to provoke a Russian military intervention in Ukraine, using the junta in Kiev as bait. If fulfilled, the plan will give Washington a number of important benefits. Firstly, it will allow the US to introduce new sanctions against Russia, writing off Moscow's portfolio of US Treasury bills. More important is that a new wave of sanctions will create a situation in which Russian companies won't be able to service their debts to European banks.

According to Glazyev, the so-called "third phase" of sanctions against Russia will be a tremendous cost for the European Union. The total estimated losses will be higher than 1 trillion euros. Such losses will severely hurt the European economy, making the US the sole "safe haven" in the world. Harsh sanctions against Russia will also displace Gazprom from the European energy market, leaving it wide open for the much more expensive LNG from the US.

Co-opting European countries in a new arms race and military operations against Russia will increase American political influence in Europe and will help the US force the European Union to accept the American version of the Transatlantic Trade and Investment Partnership, a trade agreement that will basically transform the EU into a big economic colony of the US. Glazyev believes that igniting a new war in Europe will only bring benefits for America and only problems for the European Union. Washington has repeatedly used global and regional wars for the benefit of  the American economy and now the White House is trying to use the civil war in Ukraine as a pretext to repeat the old trick.

Glazyev's set of countermeasures specifically targets the core strength of the US war machine, i.e. the Fed's printing press. Putin's advisor proposes the creation of a "broad anti-dollar alliance" of countries willing and able to drop the dollar from their international trade. Members of the alliance would also refrain from keeping the currency reserves in dollar-denominated instruments. Glazyev advocates treating positions in dollar-denominated instruments like holdings of junk securities and believes that regulators should require full collateralization of such holdings. An anti-dollar coalition would be the first step for the creation of an anti-war coalition that can help stop the US' aggression.

Unsurprisingly, Sergey Glazyev believes that the main role in the creation of such a political coalition is to be played by the European business community because America's attempts to ignite a war in Europe and a cold war against Russia are threatening the interests of big European business. Judging by the recent efforts to stop the sanctions against Russia, made by the German, French, Italian and Austrian business leaders, Putin's aide is right in his assessment. Somewhat surprisingly for Washington, the war for Ukraine may soon become the war for Europe's independence from the US and a war against the dollar.

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TheObsoleteMan's picture

Why bother to do all of that? All that is necessary is so simple, most can't even see it. All that need done, is to just STAY HOME. Don't report to work, go shopping, or anything else. Just stay home. If just 30% of the population were to do this, the whole system would come to a halt in two weeks.

August's picture

The price for one is pretty steep, but if you buy several hundred, you can probably get a pretty good bang for the buck:


Discreet billing and shipping included, of course.  Stock up now, before the rush.

GooseShtepping Moron's picture

Nuclear weapons are still pretty darn destructive, especially if they were to fall into the hands of people like ISIS who will not scruple to use them.

americanspirit's picture

GPS coordinates of Lincoln Memorial?

abcd0210's picture

The purpose of all war since the beginining has been to loot and steal wealth.

In the modern world, looting national wealth doesn't need force of arms, but can be done through exporting inflation and selling countries financial weapons of mass destruction such as CDO's or confiscating collateral of fraudulent loans.

SilverDOG's picture

Putin gets Nobel Peace Prize .... prize paid in Yuan.


By by USD, WWlll coming anyway, so CYA.

CheapBastard's picture

He wants to 'deflower' the Dollah ?!


How Vulgar.

7.62x54r's picture

To late. That currency ain't exactly virgin.

Anasteus's picture

Putin gets Nobel Peace Prize...

...for defeating the war preparation plans engineered by another Nobel Peace Prize laureate.

SilverDOG's picture




Sincerely wish for such, will not expend hope upon.

OceanX's picture

Look at the Pentagon and you would think they did...

Schaublin's picture

I do not know but I do know that the UK would not be well on its way to be a third world shit hole.

pelican's picture

I often wonder, are the democrats that fucking stupid or is this planned.  It must be, Kerry and OShlama cannot have been as stupid as all that.

Stupid leaders for a stupid population.  I wonder when Americans will start emigrating to Europe for McDonalds jobs.

SF beatnik's picture

Been wondering the same thing.  Guess:  Obama is too weak to reign in our crazy neocons the way President Reagan did. (See Dr. Paul Craig Roberts on this matter.)

Basically, Obama has always been just an obedient schoolboy who gave a couple of stirring speeches at critical moments.

matrix2012's picture


one thing is sure the German army won't look like the Joo

Down to Earth Thinking's picture

Actually we all have already lost and it simply has not played out quite yet , but it will. As someone else related , we live in massive illusions and all are simply control mechanisms created by PRAVDA/MSM. The current mass media age with many gadgets works very well to mind fuck the masses. Everything is orchestrated and manipulated for such purposes but all is well in USSA and a recovery is under way. Hey?  


Have not been here in a very long while and I see very few of the old names from the blog or shortly thereafter . But I have watched from a short distance as we desecnd ever further into the abyss. I determined to get super fit and healthy and actually enjoy what can be enjoyed ! HA HA HA...................

Confused's picture

Niether choice ends well. 

DonGenaro's picture

i ain't never heard of someone on their deathbed "saving themselves" by starting a fight

perchprism's picture


I'm sure it happens all the time.


---Dona Soledad

Soul Glow's picture

I wonder what handle Sergey Glazyev writes under on ZH.

Colonel Klink's picture

Tyler Durden as they all do?

edotabin's picture

We live in a polarized world.

Troy Ounce's picture



No, we live in a hologram

the not so mighty maximiza's picture

million dollar bonus after allot of vodka, then harrywinger after a joint

nope-1004's picture

I miss Harry Wanger. MDB is getting old, but Harry had the good stuff.


BlindMonkey's picture

Common guys. Boris Alotovkrap. Isn't it obvious?

Chief KnocAHoma's picture

There will be blood! And not like a papper cut blood, but serious wall to wall shooting, cutting, starving, bombing and bitching.

The region best suited to rise from the ashes is the Middle East. They are years ahead of where we are all heading... anarchy... then Caliphate all made possible and brought to you  by years of negelect, and birthed by BO.


pelican's picture

We don't have anarchy now?  The banks do what they want and steal from whoever they deem fit, the politicans don't bother with the laws, and our schools are getting shot up on a regular basis.


Looks like Anarchy now.

7.62x54r's picture

Anarchy would be better organized.

Tabarnaque's picture

End the US dollar bitchez! People are sick and tired of these crony capitalist bankster thieves, liars and war mongers sons of bitches ruthlessly depredating on the masses.

Protokletos's picture

Legitimate questions.  What's up with the "bitchez" thing?  Is it a college finance major meme sort of thing?  I only say that because based on your comment, the part of your brain that thinks for itself as opposed to pandering to internet friends doesn't seem to have fully developed.  

Herd Redirection Committee's picture

Its a ZH calling card.  When used appropriately, it indicates you are a long-term ZH user.  

Citxmech's picture

Think of it as the Fight Club battle cry.


Calmyourself's picture

Still remember Cog. Dis. telling me to read for a while then comment.  It was and is good advice.

Citxmech's picture

I think I lurked for about a year before even registering.  

There's definitely a lot of talent and knowledge here - and any hubris or BS sure get slapped down in a hurry.  Great forum to test ideas - that's for sure.

El Vaquero's picture

Russia need merely survive to beat us.  It is going to have to weigh revenue losses against Western Europe being worried about losing 30% of its gas supply and flipping on us.  At this time, if I were in charge of Russia, I'd put up with some pipelines being blown up or otherwise sabotaged.  I'd let Western Europeans digest the idea that the US had a hand in destabilizing Ukraine.  I think it was set to be destabilized on its own, but nonetheless, we were in there meddling.  The best move for the US would to be to abandon the new Ukrainian government, but we know that's not going to happen.

813kml's picture

Germany is key to all of this.  Its business community is overwhelmingly pro-Russian, the EU and NATO will fracture when push comes to shove and Germany is forced to pick sides.

El Vaquero's picture

Don't forget that US oil and gas companies are rebelling against what we are doing too.  They need Russia and Russia needs them.  We will fracture too.

mkkby's picture

Let's not assume we know who blew up the pipeline.  Russia would benefit from that. 

They can't cut off Ukraine's gas without cutting off Europe, as a side effect.  But, if "someone" were to blow up key pipelines Ukraine would be cut off and Russia wouldn't be blamed for hurting their European customers.  In fact, it might serve to make Europe angry at Ukraine and drive them apart.

Tall Tom's picture

The United States Government does not have a monopoly of False Flag Operations.


Good post.


Qui bono? The Russians...as I pointed out in the Comment Section of the report of the Gas Pipeline fire.


Means, motive and opportunity are the three elements of the crime and have been demonstrated.

El Vaquero's picture

I wouldn't draw any conclusions about who set that pipeline off.  There are a lot of players over there, some rational, some with means, motive and opportunity, and some batshit crazy.  It could be the CIA too.  I'm sure that given the motive, they could find the means and opportunity.  Baiting Russia to invade Ukraine to give the excuse for more full retard sanctions while Obama stamps his feet like a 5 year old talking about how good the US is and how evil Russia is would be motive, no?

Bro of the Sorrowful Figure's picture

chaos was what they wanted, and chaos is what they got.

iraq, afghanistan, sudan, egypt, libya, syria, ukraine this century, iran, nicaragua, mexico, balkans and countless otherless last century. could go on all day. they will do everything to break the russian bear, and if they can't, the same chaos will come to the US. if they can, well, then we'll get an entirely different type of chaos, a la WW2 + 1. the powers that be, the crinimal elements of western governments, the central banksters, the rothschilds, the zionists, whatever you want to call them, everywhere they go, chaos ensues.

Tall Tom's picture

No, United States Foreign Policy is too incoherent. Besides, as you wrote I believe, the Oil Companies, whom run the US Government, need Russia as much as Russia needs them.


Russia is into rebuilding her empire and satellite states. Putin is just as psychopathic as Obama, or, the rest of the oligarchs.


They are ALL PSYCHOPATHS bent on power at any cost to their tax slaves...er...you...me...the rest of us...and the rest of the Russian citizens.


I also believe that Putin is looking for the excuse to rid himself, and the rest of the World, of the Petrodollar. United States sanctions will just serve that as a raison d' etre. One of his ministers, as reported on ZH today in THIS ARTICLE, was looking as that as a weapon to be used against the USA.


I know that you know that there are no political solutions...


It is all fucked up.

overmedicatedundersexed's picture

Russia's rich oligarchs are now on notice, divest your $$ holdings..if just a few non russian wealthy (chinese, mid east, japanese, wealthy, plus  ins and hedge funds buy in, then yellen's house of cards and the $$ will be the victim..it's a hard sell, but does anyone have confidence in the current US ADM? does Obuma give you any confidence he is still in charge? the undermining of the faith in US .gov seems obvious to me, so what is the dollar supported by again?

Crawdaddy's picture

--"US oil and gas companies are rebelling against what we are doing too."

El - I gotta call bullshit on that pitch. Those O&G globalist fuckwads are behind what is hapening. The oil companies are no simple lemonade stand owning, non-interventionist, "who me?" capitalist bystanders. They are controlled by people who think nothing of destroying a government that gets in their way. They have fingerprints all over Ukraine. And of course ME. So fuck those guys.

Remove protectionist policies that protect the oil companies and stop their influence on govt. Then we'll see which ones don't wan't us intervening in other people's bidness.

El Vaquero's picture

Except that there is way more oil in Russia than there is in Ukraine and US actions in Ukraine could jeopardize US oil companies efforts to get at that oil.  US oil companies have been working deals with Russia and Russia has been receptive to them.  Our oil companies have better extraction and exploration technologies than Russia's do.  You're looking at the wrong oligarchs for what is going on in Ukraine.  You should be looking at bankers, the EU and NATO. 

Tall Tom's picture

Some just do not get it that the Oil Companies, through their lobbyists, run the US Government.  I believe that Putin senses weakness in the West and is doing his best to capitalize on the incoherent US Foreign Policies.


The Obama Administration runs like a crisis management organization and lacks any coherent direction. This style of administration is weak.