L. Todd Wood — July 8, 2014
Are America’s adversaries lining up to destroy the US Dollar?
The concept of asymmetric warfare is as old as warfare itself. The basic idea is that when you have a conflict between two entities of significant disparity in military power, the weaker player will attempt to exploit the weaknesses of the stronger entity, even if they aren’t of a military nature.
Today, we’re seeing asymmetric warfare play out by the book in Russia. As recently as last week, Putin advisor Sergey Glazyev stated the need for an anti-dollar alliance to counter perceived American aggression around the globe.
It is no secret that the United States is still the premier military superpower in the world. However, she is not without significant weaknesses; and the value of the USD is one of them.
As America continues its deficit spending, the world is now wondering whether…
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