IMF Reports the Ukraine Crisis Will ‘Fundamentally Alter’ Global Economic Trade, Finance and Political Order
theconservativetreehouse.com/blog/2022/03/16/imf-reports-the-ukraine-crisis-will-fundamentally-alter-global-economic-trade-finance-and-political-order
March 16, 2022
When they say the quiet part out loud, pay attention.
…”the war may fundamentally alter the global economic and geopolitical order should energy trade shift, supply chains reconfigure, payment networks fragment, and countries rethink reserve currency holdings.” (LINK)
https://money.usnews.com/investing/news/articles/2022-03-16/russias-war-in-ukraine-may-fundamentally-alter-global-economic-political-order-imf
The International Monetary Fund (IMF) is a global financial mechanism located in Washington DC. According to the U.S. Treasury Department, “The IMF is an organization of 189 member countries that works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth.” Put in succinct terms, the IMF is the control mechanism for western government.
When the IMF starts saying the Ukraine conflict is likely to trigger a new world order of global economic and financial systems, we should pay attention, because behind those statements is a reality that no one has mentioned yet.
Think of it this way… If Russia was to just simply withdraw from Ukraine, do you think the western financial sanctions and multinational corporations would just reverse themselves? Of course not. What was never mentioned in the sanction package, pushed by NATO and western alliances, was the no retreat Rubicon they created. Removing Russia from the SWIFT financial exchange was/is irreversible; so too are the global banking sanctions triggered by political will.
What does that mean? It means from these moments forward something else, some other form of financial transaction processes, is going to be needed for Russia and their allies to engage in commerce, banking and economic activity together. Russia, China, Iran, Saudi Arabia, India, Brazil and other nations are now in a position of being forced to create another mechanism for trade and commerce.
The petro-dollar may factually be dropped as a part of this. The issue is not ‘if’ it will happen, the issues are how and when they will happen. Vladimir Putin was pushed into this position by the western financial response, and don’t think for a moment that China and Russia are unhappy about it.
As noted in USA Money: In the longer term, [the IMF said]:
…”the war may fundamentally alter the global economic and geopolitical order should energy trade shift, supply chains reconfigure, payment networks fragment, and countries rethink reserve currency holdings.” (LINK)
This is not a ‘losing scenario’ for Vladimir Putin. Independent payment networks, out of the influence or reach of the U.S. government, are something Putin would openly embrace. Indeed, the creation of that new financial system for transactions was the primary intent of the BRICS economic alliance.
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