Loading ...USA – Managed decline: How neocons politicized the US dollar and strengthened Communist China in the process
Last year Japan and China began selling off their U.S. liabilities. This year, moves away from the dollar have been much more dramatic.
In part three of this series (click here to read parts one and two), we look at the end of what Charles Krauthammer called the Unipolar Moment – his assessment of the opportunity for the United States to be the sole hyperpower following the fall of the Soviet Union.
We shall see how the neoconservatives have driven the former allies of the U.S. into moving off the dollar, and how their actions have considerably strengthened both China and the new BRICS bloc that it leads.