最近几周的事态表明，印度不仅不想谴责和制裁俄罗斯，而且实际上已积极行动来破坏制裁，这将决定美国的印太计划能否依靠印度？印度能否成为新的不结盟运动的关键？它是否能与中国、俄国以及可能的巴西建立一个由金砖国家领导的更大的“修正主义”集团？
A bomb for itself?
Guancha: The US reached an agreement with major European allies to remove several Russian banks from the SWIFT system, in what has been called "financial nuclear bomb-level" sanctions. The SWIFT system was created by the United States, but the widening sanctions upon Russia shows that Europe and the United States are weakening the international system established by themselves. What impact will this have on the global economic and financial order?
Dr. Gal Luft:In summer of 2019 I published a book called “De-dollarization: The Revolt Against the Dollar and the Rise of a New Financial World Order.” Many of the events that are happening today were predicted in the book, but I must say that even I am quite amazed by the speed of the change. We are literally witnessing a transformation of the global financial system heralded by the western powers after the Second World War at the Bretton Woods conference. Over the past several weeks, the US and its allies have broken several taboos: They disconnected a major economy from SWIFT; they seized private assets of Russian nationals they call oligarchs without any legal proceedings, and, worst of all, they froze central bank reserves. This was actually the second time in eight months Washington laid its hands on central bank reserves. The first time was last summer when the US froze billions of dollars of the Afghan Central Bank. Freezing central bank assets in economic warfare is an act of state-sponsored piracy and the equivalent of using nuclear bomb in a military conflict. But it is also a self-defeating act which is only going to undermine the trust central bankers around the world have in the US dollar system and America’s rules-based international order. Since America wants to write the rules and enforce them, every country that does not accept Washington’s dictates could find itself in the same situation as Russia. This is a wake-up call to many countries. As it is, one in ten countries on the globe is under US sanctions. I have no doubt the events of the past month mark a watershed moment in the history of global finance, one that will go down in history as the worst self-inflicted wound in the history of economics. The dollar’s status as reserve currency is what gives America its power on the world stage, and it is what allows the US to run trillion-dollar deficits and pile $30 trillion in debt. Throughout history there have been a number of reserve currencies. The average lifespan of them has been 80-100 years. The dollar has been a reserve currency for roughly the same period of time. If it has run its course this is only because of the actions of the US government which has been trigger happy in applying sanctions and other economic punitive measures without seeing their cumulative impact.