Thread by @AKaszon

@LeaderMcConnell Why the war in Ukraine is doing America a great deal of harm, damaging the entire hegemony of the West and the "golden billion" people who grew up in the wealthy countries of the West.

@LeaderMcConnell The exclusion of Russian banks from the SWIFT payment system should weaken Putin's regime economically, but this measure weakens our countries even more ! handelsblatt.com/politik/intern…

@LeaderMcConnell The Swift system had a monopoly position and now the Chinese system, to which the western secret services have no access, to trace the payment transactions of terrorist organizations is used more often.

@LeaderMcConnell This allows many trades in other currencies, that previously could only be done in dollars, if they develop their own clearing system.

@LeaderMcConnell The BRICS states and freinds will more frequently
bypass the SWIFT payment system. Oil will probably soon be traded in yuan. That would pave the way for Russian-Indian and Russian-China cooperations in the energy sector. Coal, gas and oil will then go south instead of west.

@LeaderMcConnell The Western community of states will be massively weakened, if we drive resource-rich Russia into the arms of resource-hungry China and the BRICS countries are the big beneficiaries of the war.

@LeaderMcConnell "IMF: Ukraine war can fundamentally change the world economic order" msn.com/de-de/finanzen…

@LeaderMcConnell As more countries accept other currencies for their oil exports, the dollar's supremacy will be impacted, as many states will no longer be forced to hold their foreign exchange reserves in dollars.

@LeaderMcConnell That is what the Russians and the BRICS countries are hoping for. "Saudi Arabia is considering accepting yuan instead of dollars for Chinese oil sales" business-leaders.net/saudi-arabien-…

@LeaderMcConnell The Russian news agency Tass reported the following:
After their last meeting, the BRICS countries announced that they were considering working together on a new world reserve currency. It is intended to replace the US dollar as the world reserve currency and stop its hegemony.

@LeaderMcConnell In my opinion, this is not a Russian narrative, but rather an agenda that the Russians want to convince their partners of !

@LeaderMcConnell The BRICS States produce almost 40% of the wheat, 25% of the commodities and now all the oil states are being courted. "New World Order: Saudi Arabia considers joining BRICS"
deutsche-wirtschafts-nachrichten.de/520784/Neue-We…

@LeaderMcConnell Here are 2 graphs to illustrate the rapid rise of China. A new cold war against Russia and China would affect many countries. In the past it always led to war, whenever the balance of power in the world threatened to change.

@LeaderMcConnell Every industrial revolution was followed by a world war that killed millions and politicians must ask themselves whether a weakening of Western hegemony paves the way for an even bigger wars ?

@LeaderMcConnell Foreign policy is always a balancing of risks. The risk of possible cessions of some areas of Ukraine to the Russians, is disproportionate to the dangers posed to us by a weakening of our economy,

@LeaderMcConnell the consequences of another global financial crisis and the resulting threats to our western hegemony.

@LeaderMcConnell Of course, there is a risk that a Russian military success in Ukraine could motivate them to further expand their territories,

@LeaderMcConnell but temporarily the Russian army has been weakened, which should give us enough time to prepare the Baltic states for a possible invasion and to arm them, so that the Russians behave peacefully towards NATO.

@LeaderMcConnell How would the Russian loss of the war affect us? The Russians are the aggressor in the case of Ukraine, but act as a mediator in other countries and losing the war could destabilize them and the Russian mineral deposits would be bought up by the Chinese.

@LeaderMcConnell That cannot be in our interest either. We need a mutually painful compromise, like Mr Kissinger suggested. To do this, the two warring parties must first be persuaded.

@LeaderMcConnell The Russians could be given the prospect of easing the sanctions after the war and the Russians could be told that being forced of selling off the Russian raw material deposits to the Chinese would mean the death sentence for the government in Moscow, as war is always expensive!

@LeaderMcConnell Ukraine could be offered money for reconstruction.

@LeaderMcConnell I can't say exactly what a fair compromise could look like, but negotiations have to take place on some basis.

@LeaderMcConnell The regions of eastern Ukraine could be left to self-government and a neutrality clause could be agreed, so that eastern Ukraine would behave as a neutral buffer zone, aligning itself neither with Ukraine nor with the Russians.

@LeaderMcConnell Crimea could be officially ceded from Ukraine to the Russians for a large sum for the purpose of Ukraine's reconstruction. The rest of Ukraine could join NATO.

@LeaderMcConnell The Russians should assure the Ukrainians not to use raw materials and energy as weapons and supply Ukraine with gas and raw materials. In return, Ukraine should guarantee the Russians a steady supply of water to Crimea.

@LeaderMcConnell Ukraine could import the fuel rods from abroad instead of promoting uranium enrichment.

@LeaderMcConnell If there is no solution and the war goes on forever, it will cost us dearly one day.

@LeaderMcConnell Why the war in Ukraine could lead to a global financial crisis if it doesn't end soon and the risks of territorial concessions by Ukraine to Russia. threadreaderapp.com/thread/1587979…

@LeaderMcConnell "On the edge of a knife": World Bank warns of a global economic crisis of historic proportions"
de.nachrichten.yahoo.com/messers-schnei…

@LeaderMcConnell nytimes.com/2023/02/04/opi…