Saturday, December 5, 2015
By shooting down a Russian bomber and sending forces to neighboring Iraq, Ankara is adding fuel to the fire in the Middle East to prevent major powers from joining forces to defeat Daesh, also known as ISIL, Russian Senator Franz Klintsevich told RIA Novosti.
"The Su-24 tragedy, as well as the invasion of Turkish troops in Iraq are linked. The Turkish regime is trying to escalate tensions in the region to prevent a counterterrorism coalition from being formed," Klintsevich observed.
A gold-backed ruble and gold-backed yuan could start a 'snowball exit' from dollar F. William Engdahl notes, adding that it will diminish America's ability to use the reserve dollar role to finance Washington's perpetual overseas wars.
The irony of the situation is that the central banks of China, Russia, Brazil and other countries "diametrically opposed" to US foreign policy course are forced to stockpile dollars in the form of "safe" US Treasury debt in order to protect their economies, American-German researcher, historian and strategic risk consultant F. William Engdahl stresses.