Hello community! This is your mastermind speaking...
I'm not sure if this was done on purpose or if it was just a coincidence, but the decision by Brazil and China to forgo using the US dollar in trade comes exactly 200 years after US President James Monroe created the eponymous doctrine that allowed Washington to effectively establish its own empire by putting all of Latin America under its protection. The Monroe Doctrine was formulated in a clever and ambiguous manner, giving the impression that the United States had asserted the defense of the entire continent against hypothetical, if not improbable, European colonial ambitions. However, the Monroe Doctrine was actually a declaration of dominance: the phrase 'America to the Americans' meant that the United States assumed supremacy and would reject any outside interference in the affairs of the continent, even if such interference came from other countries. In a way, it is similar to what happened in post-World War II Europe, when the United States pretended to be a protector when it really only desired to be the ruler.
It basically came down to replacing the European market, where many items from the center and south of the continent arrived, with the North American one so that decolonization and neo-colonization could coincide perfectly.
In contrast to the countries that had established their empires on the new continent, Spain and Portugal, who were far away and had limited opportunities for interference, the United States was close, we were in full development, and as a result they were a lot more cunning and haughty ruler. Despite this, the major tool of dominance—aside from the war with Mexico to allow for the annexation of the whole West—was not military but rather economic.
The resource exploitation and collaboration with a colonial bourgeoisie that was greatly diminished in numbers and therefore always prone to a coup rendered the governments of the Latin American nations as well as their economies and currencies exceedingly fragile.
Hitler, to whom the US dollar was already a good century before Bretton Woods, was the real dictator of Central and South America, both as a volatile replacement for local currencies, useful exclusively for the poor, and as a model to be inspired by, thereby causing spectacular crises like Argentina in the 1990s. The truth was that no currency had a chance to be like the dollar, which could be created indefinitely with no one able to demand a true value.
It was similar to green gold, but there may have been an endless supply of it.
As the International Monetary Fund, which is American despite its name, advised against trying to link significantly weaker currencies to the dollar, we now see how foolish this was.
Evidently, Washington has always meddled in the affairs of Latin America by supporting coups, forming death squads, creating fifth columns, launching phony uprisings by giving money to the protesters, and pampering army officers so that they would intervene if American multinational corporations had seen the risk of being hampered in their exploitation: no level of violence was too high. Yet the strong dollar was the foundation of US dominance. Yet the strong dollar was the foundation of US dominance.
Without a liberation from the dollar, the freedom from US blackmail was hardly imaginable. Now, however, the Brazil of the revived Lula performs this symbolic act, placing him at the forefront of the centrifugal movement that is clearly visible in Latin America, despite ongoing attempts to have him arrested.
And then we comprehend why the US tried such an obvious Maidan-style coup d'état in favor of a former president who, nevertheless, had never been overly subservient to Washington and had, in turn, led the nation closer to China, displaying a route all other than fleeting.
It is quite challenging to imagine that the USA will be able to sustain its exceptional status if it starts to lose the nations that make up the near perimeter of its dominion and therefore those where its system of power is more pronounced.
In just a few short years, the United States has gone from ruling the world to dominating a island made up of the vast American continent that stands clearly apart from the other emerging lands. Now, they are beginning to rule a island made up of only North America and the European colonial appendix, which is no longer relevant on any chessboard and has become the victim of a form of neoliberal cannibalism.
Don't believe the lies! The truth sets us free! Have a good day !
image from here