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Global Consequences: Russia Announces Eurasian Union and New Currency Altyn

On multiple prior occasions I have predicted that any sanctions against Russia by the West will only backfire, expediting Russia’s re-orientation to the East and the unavoidable re-molding of the Western financial/economic model.

Russia’s re-orientation and subsequent creation of the independent financial system is what the banksters of Wall Street and London City fear most. This will eventually result in a catastrophe for the US/UK and EU, except for those European countries that succeed in re-orienting their economies to the East. Meanwhile, Russia, China and other countries in the Eurasian space, will benefit tremendously. Read: Ukraine Part 7: Russia’s Geopolitics, USA’s Bluff and EU’s Big Mistake.

The US and EU can be proud: as a result of their aggressively provocative behavior and the double standards galore, they managed to expedite the process by at least ten years. Read the rest of this entry

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