[Skybird]

I read that two major newspaper in China which both are very close to the party and one of it being associated with the Chinese intelligence agency (indicating that both papers act and write and publish with approval by and in the name of the political leadership) published editorials that are seen as hints that behind the curtain of international politics Russia and China are establishing very close ties in diplomatic cooperation and military partnership.

Already in the past Moscow had tried to gain Chinese support for a coordinated attempt to attack the dollar as a lead currency and to wreck US bonds trading. Back then, Bejing rejected that. I am not so sure that it would reject that again in principle, since I see it like Bejing preparing since some time now to torpedo the dollar and replace it with a Chinese currency, I do not even rule out that China is preparing a gold-standard currency.

A coordinated flooding of markets with the dollar reserves and US bond assets from both Russia and China, at the same time - would be a disaster and cause a fiscal chain reaction that the US in no way is strong enough to counter.

The two Chinese papers are quoted with boasting that Europea and the US failed in correctly identifying Russian vital interests, and that both are unable to enforce their interests against a Russian-Chinese alliance. Which I think is true. Militarily this is a close call, but I think the Chinese see it in financial and economic terms anyway. And on those terms, the West is not only weak - but utmost vulnerable.

India stubbornly refuses to become too close with Western powers. It will never be a Western anchor in the region.

Russian and Chinese diplomats already work on a far-reaching treaty which is also about massively boosting military cooperation as well. Their shared interest is to confront the West and keeping it away, and even more: to get rid of the much hated dollar as the globe's leading currency. So far, the only argument there I hear is that it would cost the Chinese some sacrifices. But every chess player knows that the goal of the game is not to preserve your pieces, but to checkmate the opponent's king, even if the combination leading to that includes sacrificing all your pieces - mate is mate, and then lost pieces mean nothing anymore to the victor.

I say America can delay it a bit. But sooner or later, the dollar is done, so are state bonds. Swedish Rijksbank already has banned the trading of US bonds several years ago.

Once that bomb goes off, America will face a very bad and severe the-morning-after-the party-headache. Middle East powers as well will refuse to accept doing oil deals in dollar any longer, then. Needless to say, the shockwave will devastate much of Europe'S fiscal nightmare landscape as well.

Double check, and mate.

BTW, the Ukraine has been Chinas third biggest weapon seller. If it falls under EU influence, the political climate may change so that China does not get those weapons anymore. Therefore there is a Chines einterest to keep the ukraine unde rRussian infleunce. Onbe can expect, so writes Der Spiegel, that Moscow will cancel its hesitation to sell even ultramodern platforms to china that so far have been kept back as a concession to Western demands. I am quite certain that such deals also are in preparation at those negotiations between both countries. Then the US will pay for sanctions over the Ukraine by a huge increase of risks to its military and naval presence in the disputed waters in the Far East. Superquite Russian submarines and missile-carrying nuclear submarines are high on the Chinese wishlist. Greetings and a big box of Aspirin to the admiral of that CVBG group.