Pepe Escobar: How BRICS May Deliver Structural Shock to US Dollar System

First posted at Sputnik

The oligarchy that really controls the Empire of Chaos has hit the panic button, as the structural contours of Hegemony seriously wobble.

The petrodollar is one of the key features of this Hegemony: a recycling machine channeling non-stop buying of US Treasuries then spent on Forever Wars. Any player even thinking of diversifying… Continue reading