Russia » Economics
Author`s name Michael Simpson

Globalization Over: Plunderers Get the Whole of the World

Finance has become the key strategic power in today's world
To understand present-day events (and it is not ruled out that WWV has broken out), we must first of all look into what happened in the 1990s. That was a period when the whole of the world experienced WWIV within ten years.

The ten years resulted in destructive consequences. These are first of all enormous debts borrowed by developing countries, the Russian Federation among them. Majority of the world countries were given loans by international financial organizations and thus were put into a debtor's prison. Those countries that resisted "the dollar injections" are to be punished and liquidated during WWV, - Iraq may serve an example in this case.

The debts resulted in prostration of the countries; their elites were cast down by plundering of the borrowed money. High-ranking officials started implementing projects thrust on them by other people; they started playing according to the rules imposed from the outside and shifted their grounds once and for all.

US-NATO armed forces have settled in the former Soviet Central Asia (the republics of Kyrgyzstan, Uzbekistan, Tajikistan and probably Kazakhstan), in Georgia and along the western border of the CIS.
There is much evidence proving the defeat of different countries of the world and of Russia during WWIV. Now when the fourth world war is basically over, developed European countries have made numerous revelations concerning the unusual war and its mechanisms.

In June 2003, France Minister of Defense Michele Alliot-Marie blamed Americans for waging an economic war; she declared that Europeans must regroup to resist that war. France’s minister of defense was particularly anxious about the efforts taken by some American companies to gain financial control over European defense establishments. She added that the situation must be studied and risks of further dependence upon Washington must be anticipated.

Russia's defeat in the quiet fourth world war is particularly evident. The country has turned into an object of looting for the winners.
Sometimes critics say globalization is neo-colonialism, but it is not quite so. The colonial epoch was characterized with the spirit of civilizing (introduction of education, scientific and technical innovations, literary culture and new infrastructures) and the desire to exploit the enslaved native population.

However, the system of the fourth world war and WWV considers population rather as a resource subject to utilization. Geopolitics scientist Tsymbursky says: "A moment comes when resources reduce, and there is little opportunity to utilize them. Then the population itself becomes a resource." The authority of the country turns in this case into a manager who is expected to make the utilization more effective.
Thus, according to reliable information, the Russian Federation population invested about 20 trillion of present-day rubles in dollars within the period of 1992-2002. It means that Russians are working for the American currency, for the interests and well-being of the US because dollars are emitted at the prime cost and sold at the market price.

At the same time, direct withdrawal of currency out of the country does not reveal the actual scale of pumping resources out of Russia. We should mention here the money obtained from selling Russian raw materials to western companies at dumping prices, illegal removal of the capital by merchants, large-scale criminal transactions, systematic sale of shares of Soviet industrial enterprises, the brain drain and so on. Thus, this is not a colonial, but a looting system in fact.

Shifting of the country's grounds is the strongest factor indicating surrender. In fact, wars are generally unleashed to liquidate the position and the tradition of the defeated people of some country. Position surrender means that population loses its history and fate and serves the material for making a new element of the world order.

When the fourth world war started, a new military miracle was created, a financial bomb. Unlike its Hiroshima and Nagasaki predecessor, the financial bomb not only destroys a country but also spreads death, fear and poverty among people living in the country. What is more, a neo-liberal bomb reorganizes everything that it attacks and turns it into details of the economic globalization puzzle.

Outstanding scientist in the military sphere Slipchenko has discovered the financial type of the fourth world war in Moscow. He says: "Money is the key weapon in the world. It is money that delivers blows and hit targets. Finance has become the key strategic power in today's world."
The International Monetary Fund is the key instrument of the financial war; the destructiveness of its actions has been confirmed by majority of world politicians and economists. The IMF system turned out to be similar in all parts of the world: a stabilization loan - deflation (no-deficit budget) at the expense of curtailing the social spending - default - settlement of the credit that has in fact performed the role of a financial bomb.

Political scientist Boris Kagarlitsky predicted an economic collapse in Argentina at the end of 2002. He said: "Countries recently favored by the International Monetary Fund are experiencing hard times. The industry is declining, the unemployment rate is increasing and the "financial stabilization" developed into a crisis of the national currency, the same as currently experienced in Russia. In other words, no matter if consistent or not, but reforms always end with the same result. Brazil is experiencing the worst situation, the country is on the verge of bankruptcy. Argentina is to be the next. Weaker Latin American countries have already devalued their currencies."
In addition to the IMF, the US Federal Reserve also served a global instrument of WWIV, there are two more organizations in fact serving for the US Federal Reserve - the World Bank and the World Trade Organization. There is a saying that these organizations exist to act in those cases when sending of aircraft-carriers to some country is too costly.

The financial and informational domination is connected with ordinary finance and with its most effective form - energy finance (petrodollars) and "electric rubles" of Anatoly Chubais.

The fourth world war grew ripe in the 1980s and was unleashed in the 1990s. It originates from 1971 when the gold currency standard was abandoned and the fluctuating currency rate was introduced. It in fact meant establishment of the dollar as the world's only currency, the key world equivalent. The whole of the capitalist world was thrust the world money on - the US dollar.

Today, the dollar is in great demand all over the world. About half of the world commerce is calculated in dollars, about half of the world currency reserves are dollars as well. In some countries, the American currency is more powerful than the national one and serves the key pay instrument.

Member of the US Federal Reserve managing committee, probable successor to Federal Reserve head Alan Greenspan, Ben Bernanke openly spoke about the world situation on November 21, 2002. He said: "The US Government has a technology, known by its name of a printing-press, that allows printing as much American dollars dirt-cheap as it wishes." The active printing-press will cause no inflation in the US, as all printed money is further spread all over the world. These dollars make up the biggest part of US's export.

US President William Howard Taft predicted in 1911, when the US dollar was the world's fifth currency: "The gunboat diplomacy will give place to the dollar diplomacy." The prophecy seems to be coming true.

The present-day situation is paradoxical which German journalist Ulrike German proves using the example of defeated Iraq. "Iraq will soon have new official currency. The dollar is replacing the dinar. After all, dinar is losing its value, there are many things in Iraq that can be purchased with dollars only. But the currency replacement means much more than mere change of banknotes. This is the most vivid method to demonstrate the interrelation between war and currency. The importance of the dollar is the main condition why America managed to invade Iraq. The US can finance the armed forces because the dollar is the number one currency in the world. US's military domination and the dollar imperialism are interrelated.

The US dollar in Iraq reveals the paradoxical life of the Arab nations. They sell oil for dollars thus strengthening the army which may attack them any time."

All countries use the world money and need the world money, the dollars; these countries pay taxes on the dollar turnover thus financing the US and the US Federal Reserve.

This is the system employed by the global Currency Board, the system of direct currency management which is in fact a producer of target financial bombs.

After the 1998 default in Russia it was officially offered to introduce a currency board in the country. An example of the "Argentinean miracle" by Domingo Cavallo was stated at that (the man introduced a currency board in Argentina). It was stated that Russia experienced so many problems not because it followed the IMF recipes, but because they were introduced inconsistently. Ideologists of the currency board introduction in Russia even invited Domingo Cavallo for consultations to Russia. Fortunately, Russia dismissed the idea. In three years after that the Argentinean miracle ended in a terrible default, national currency depreciation, proscription of Cavallo from Argentina and switching to the dollar as the basic currency. Thus, Domingo Cavallo truly serves a symbol of the fourth world war.

This is strange that after such destructive experiments, some international financial experts and famous economists still say Domingo Cavallo is a legend, the author of the Argentinean miracle because the man successfully carried out his plan for overcoming inflation in his country.

The effect of a financial bomb lies in the fact that state activity of many countries, including the European Union and Japan, is impossible without the dollar; but with the dollar this activity ends in a collapse.

The dollar is not only the instrument making the whole of the world finance the American war, but also the key factor of unleashing a world war.

In the 1990s, the dollar was effective through increasing its value; nowadays it is effective through the reduction of its value. But other nations' currencies and finance are still connected with the dollar.
To understand the nature and the character of WWIV, we should first of all distinguish the non-economic (extra-economic) essence of money. The idea is being developed by outstanding logician and sociologist Alexander Zinovyev. He thinks it is a mistake to automatically attribute money and finance to economy only, because money is semiotic means of organizing an unbalanced exchange under incommensurable conditions.

The dollar's "adventures" within the past thirty years demonstrate the extra-economic essence of money. It is useless to say that euro is a real economic rival for the dollar. It is not gold or commodity support, but US's military power that is the basis of power of the American currency. The US army and the Navy are head and shoulders above the armed forces of the world and of Western Europe particularly. It is not ruled out that some fluctuations will take place in euro's favor, but they will be of minor effect because euro is not supported by powerful armed forces.

The same way as the European community is a secondary part of the pro-western super-society subordinate to the US, euro is a secondary currency derived from the dollar that in its turn personifies the global monetary apparatus. That is why fluctuations of the dollar and the euro rates are just elements of the great game of chess played according to some changing rules.

The dollar system may collapse only in case of total social decline of the pro-western world. This may happen as a result of numerous defeats suffered by the US and NATO forces in several regions one after another. Western leaders understand this.

Globalization that entered the world scene in the 1990s was in fact the form of the fourth world war. George Soros gave an exact definition to the notion of globalization. He says that freedom of capital movement is what in fact defines globalization. "This freedom cannot be compared with people's freedom of movement, which gives privileges to financial capital. 

By the end of WWII, majority of countries strictly controlled international financial transactions. Then the control over movement of capital was partially relieved. The 1973 oil crisis provoked development of off-shore financial markets. In the early 1980s, under Ronald Reagan and Margaret Thatcher the capital movement from one country to another became even more active; at the beginning of the 1990s, after the breakup of the Soviet empire, financial markets became actually global.

Before financial markets became global, we had every reason to believe that governments of each particular country were responsible for the basic public values. Now when financial capital is free to move about the world, countries cannot introduce new taxes and restrictions because there are no restrictions for capital to leave the country (the sum accumulated in off-shore companies makes up about $5 trillion).
Globalization of financial markets has given up for lost the idea of "a state of universal welfare” as it was formulated after WWII."
There are four basic characteristics of globalization. First, free movement of capital caused by liberalization of the process; capital movement is no longer controlled on the national and the international levels. Second, the giant increase in the number and volume of financial transactions thanks to advanced development of technical facilities (electronic money, transactions and so on). Third, forming of numerous offshore zones and improvement of their reliability achieved by the organizers of globalization. Fourth, maximum reduction of countries' sovereignty and liquidation of financial and currency borders.

All discussions on globalization issues lack proper understanding of the essence of the process itself. President of Russia's Severstal concern Alexey Mordashov says: "It is impossible to escape globalization because the whole of the world is following this way. It is the most important way to reduce expenses and increase productive efficiency."
Today, globalization is being spoken about in a different language. Thus, before the G8 meeting in Evian on June 1, 2003, The New York Times observer Thomas L. Friedman called upon the G8 leaders to do away with the discrepancies concerning the Iraqi issue and make globalization a catalyst of development. What does he want to develop? He obviously means development of the society that is getting more pro-American from the structural point of view.

The dollar and the globalization have already done their parts and may play the supporting roles. The world is already globalized but not yet regulated.


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