The hidden war of America

« The purpose of the new Cold War is to stop China’s ascension, and this is a common goal for all facilities of the American system – to prevent the collapse of the dollar system. The new Cold War starts from the fear of the United States that China is building a digital « super-autostrad » that will prove more advanced than the current American dollar road. Maybe this Chinese financial « super-autostrada » today is not very used, but the migration from the old American road to the Chinese highway is already visible. The great fear is that if China succeeds, the US will lose the magic weapon of monetary domination« Writes Alastair Crooke, a former official in British espionage, former European diplomat and counselor of Javier Sola, former head of EU diplomacy.

« It is a fear that Paul Volcker, former head of Federal Reserve, said that the only thing that holds the whole globalist system is the massive capital flow that comes from abroad to America – each $ 2 billion – and helps the US to keep inflation under control.”.

The anti-dollar revolution ”It already happens, without fireworks and without titles in the Western press. On a quiet morning in Beijing, the dollar lost its crown and the world of finance took on the Chinese highway. On April 16, 2025, the volume of transactions through the Chinese interbank system CIPS has exceeded the volume of SWIFT transactions dominated by the USA”.

The great fear of America is not Russia, its nuclear weapons, or the Chinese nuclear arsenal, but the « digital » austrades of Chinese that can detonate the dollar and leave the US to its own debts.

« America no longer trusts its own financial fortress. And China no longer plays after the old rules. We are not dealing with a commercial war-it is a war for the future of World Finance”Says economist Yanis Varoufakis.

« Trump’s mutual tariffs are not for balancing commercial relations. They are an attempt to restructure US debts. This does any company when it is on the verge of bankruptcy-they are looking to restructure its debts-and this is the United States now. Financial requests for NATO allies are a debt restructuring. And the United Arab Emirates are a debt restructuring.

The idea that the US wants to return to the main position of the world manufacturing center is a diversion for internal use. It takes at least one generation to convert the economy.

Trump’s haste to reach an « agreement » with Russia-one that immediately brings business opportunities and positive capital flows-has to do with the restructuring of US debts. As well as Trump’s initiative to approach Iran and thus ensure US energy domination, because this would bring new capital flows and increase the world’s confidence in the dollar.

In short, Trump’s agenda is not strategic and long -term. It is a short -term plan to restore the demand for dollars as the only currency that the whole world wants to hold, even if almost no one wants to buy some product in the country that emits dollars« Writes Alastair Crooke.

« Beyond the Chinese danger consensus, the Washington system is split. A part, in front of JD Vance Vice-President and the economic team of the Economic Council of the White House, Stephen Miran, and Russel Vought, the head of the Office for Management and Budget are more concerned about the risk that the dollar will lose its dominant position, while a series of neoconservatives can be in the hegemon. the muscles of the American army”Another dispute takes place between the great oligarchs in Silicon Valley and the financiers on Wall Street, the latter wishing to keep the systems already outdated. China has an advantage, because her financial and Tech sectors have merged.

« In this context, a problem by Donald Trump is about his trading vision, which reduces his credibility as a serious geopolitical actor and makes others bet against the dollar. In short, reducing the credibility caused by Trump’s aversion for reading, secret services and the fact that it is based on what the last person whispered in the ear leads to sudden changes in politics and make other leaders avoid agreements with unfortunate America”.