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Peter Koenig:- President Putin in Tehran – Emissary of Peace and Promoter of Resistance Economy

Summary:
De-dollarization is a key principal of the concept of Resistance Economy President Putin arrived in Tehran on 1 November for talks with the Ayatollah Khamenei. First, to cement the Nuclear Agreement of 2015 (Vienna), as far as Russia is concerned, thereby sidelining Trump’s attempt at reneging on the agreement. Second, to sign billions worth of tripartite hydrocarbon deals between Russia, Iran and Azerbeijan. And this in ruble. NOT in US dollars, thus, effectively detaching Iran from the dollar hegemony. In other words – helping Iran in de-dollarizing her economy – and effectively and drastically contributing to diminishing the dollar’s stance as a world reserve currency. That’s “Resistance Economy” at its best. The Russian leader also referred to Iran as a vital pillar for

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De-dollarization is a key principal of the concept of Resistance Economy

President Putin arrived in Tehran on 1 November for talks with the Ayatollah Khamenei. First, to cement the Nuclear Agreement of 2015 (Vienna), as far as Russia is concerned, thereby sidelining Trump’s attempt at reneging on the agreement.
Second, to sign billions worth of tripartite hydrocarbon deals between Russia, Iran and Azerbeijan. And this in ruble. NOT in US dollars, thus, effectively detaching Iran from the dollar hegemony. In other words – helping Iran in de-dollarizing her economy – and effectively and drastically contributing to diminishing the dollar’s stance as a world reserve currency. That’s “Resistance Economy” at its best.
The Russian leader also referred to Iran as a vital pillar for stability and peace in the Middle East; he lauded Iran’s role in helping defeat the ISIS / Daesh terror and bringing Syria back into control of Damascus.
In addition, Iran will be part of President Xi (China) initiated New Silk Road, or OBI – ‘One Belt Initiative’ – which is already designed in four routes connecting China and Russia throughout Eurasia, the Middle East – and even Africa.
With the western most links of Eurasia, i.e. western Europe – that is, if Europe will finally see the light and accept that the future is in the EAST – also Europe’s future – and that the west, led by Washington into an abyss, is slowly committing suicide by its war atrocities, greed-sponsored terrorism and  continuous lies. There is no lie that will not be discovered sooner or later – and when that happens a quantum shift in public opinion may take place and the west’s credibility and the fake abusive debt-and-interest based dollar economy will become a collapsing Ponzi scheme.
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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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