Request any song you want for FREE! All songs requested will be tuned to a 432 Hz frequency.

Request Now

1-800#'s and Instructions for Currency Redemption/Exchange

This is where the 800 numbers and instructions for currency redemption (US) and currency exchange (international) will be posted. This part of the page will remain until the "TETELESTAI" email has been distributed to us. Thank you.

Guest Posting Now Available

Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject of your email entry should be: "Entry Post | (Title of your post) | Dinar Chronicles"

- Proper grammar
- No foul language
- No bashing of others
- Solely write intel, rumors, news, thoughts regarding Dinarland, Iraq, the RV, the GCR and anything that is relating
- Your signature/name/username at the end (Optional, if there is no name at the end of your entry I will post it as "anonymous")

Send your entry and speak out today!

Follow Dinar Chronicles by Email

Featured Post

Zorra Call Replay Plus Free Book Links

Zorra Call Replay & Free Book Links Here are the Listen/Download Links for the Zorra Call 12/4/2016 (2:35:52) Listen On The W...

Tuesday, November 29, 2016

HSBC: The Trump Effect on the Rules of Engagement

The Trump effect on the rules of engagement

by Stephen King
Senior Economic Adviser, HSBC

The US could disengage from many of the institutions that have shaped the postwar era.

Donald Trump’s victory in the US presidential election could mark the end of the established global economic order.

For many decades, and more so than any other nation, the US helped shape the world we live in. Directly or otherwise, Washington nurtured the institutions that helped establish the international economic rules of the game. The International Monetary Fund and World Bank were children of Bretton Woods. What eventually became the EU would never have happened in the absence of the Marshall Plan. NATO’s success in keeping the peace in large part reflected the deep pockets and military reach of successive US governments.

If Mr Trump sticks to his commitments, the world will look very different in a few years’ time.

Mr Trump’s victory may in time be seen as part of a new American narrative, one associated with disengagement from the rest of the world. The US may be heading back to its isolationist past, associated with the 1917 Asiatic Barred Zone Act and Congress’s subsequent refusal to sanction US membership of the League of Nations. If so, the rules of international engagement are going to change.

Admittedly, disengagement would probably have happened without Mr Trump. After all, the US economy’s share of global economic activity is declining, as indeed is its share of the world’s population. President Barack Obama’s pivot to Asia was, in one sense, a reflection of this new reality. Mr Trump, however, may choose to turbocharge withdrawal, if only because he has promised the American people he’ll disengage from many of the institutions and agreements that have shaped the postwar era.

Those institutions include, most obviously, NATO and the North American Free Trade Agreement. Add to them the recently signed Paris Agreement on climate change and the Trans-Pacific Partnership and it quickly becomes apparent that, if Mr Trump sticks to his commitments, the world will look very different in a few years’ time.

For some parts of the world, Mr Trump’s election will be seen as a mixed blessing. Beijing will doubtless be worried about the threat of trade sanctions given Mr Trump’s threat to label China a “currency manipulator”. On the other hand, if — as seems increasingly likely — TPP is now dead in the water, China will have the opportunity to construct an alternative trading arrangement in Asia. Indeed, with Asia’s Regional Comprehensive Economic Partnership, it may be a case of “here’s one I prepared earlier”. Consistent with its Belt and Road strategy, it could just be that a newly isolationist America will create precisely the vacuum that China could happily fill.

Others may also be left with more room to manoeuvre. Mr Trump’s victory may lead to a more “accommodating” approach to Moscow. Vladimir Putin may no longer have to worry about the threat of a US no-fly zone over Aleppo. And perhaps he will feel more confident in imposing Russia’s will on its near neighbours.

All this leaves Europe facing a real quandary. To appease Mr Trump and his unease about America’s contribution to NATO, European members of the military alliance may have to raise their financial contributions — and they are hardly awash with cash. Yet, if Mr Trump is comfortable with a newly confident Russia strutting its stuff, Europe will be more vulnerable than for many a year. Meanwhile, if Asia becomes China’s economic playground, Europeans may wonder whether they need to pivot eastward, possibly hastening the demise of the Atlantic alliance. That’s especially true for the UK, now desperately looking for new export opportunities given the uncertainties over its relationship with the EU.

If all this sounds rather Orwellian, that’s because it is. In 1984, the world was dominated by three empires, Oceania, Eurasia and East Asia. Perhaps fiction is about to become fact. And in this new Orwellian reality, Europe may find itself abandoned by one empire and deeply unsure about its relationship with the others. America’s protective embrace may at times have been suffocating but, if the US lets go, Europe will really miss its transatlantic ally.

This article first appeared in The Financial Times on 10 November 2016.


Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

All rights reserved go to their respective holders. We do not own the intellectual property shown on this website, the respective holders own that privilege unless stated otherwise.

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More