Listen to Article

By Paul Craig Roberts, Institute for Political Economy

Lots of startling changes yesterday. Russia announced, apparently, a gold-backed or gold-related ruble. I haven’t had time to think about all the implications. Information is hard to come by, because the U.S. blocks Russian news in order to control the Ukraine narrative and war propaganda.

The Bretton Woods system collapsed when the West seized Russian central bank reserves, and it seems that the gold ruble adds to the end of the U.S. dollar as world reserve currency under Bretton Woods.

The implications could be vast, and the Washington idiots might very well wish they had left the Russians alone. I told them over and over that Russia had had enough of them, but the arrogant idiots didn’t listen. The sanctions, it seems, have brought about regime change in the West, reducing its power and influence.

Another big development is that apparently Ukraine has agreed to be a neutral country, no NATO, no foreign bases, no nuclear weapons, and accepts eastern Ukraine going its own way. We will see if U.S. puppet Zelensky is permitted to sign what Ukraine has agreed.

Meanwhile, Russia has stopped its assault on Kiev, and is focused on clearing the remaining Nazi militias out of the Donbass region. I think the low-intelligence governments in Poland and Romania will get the message, and the U.S. missile bases in those countries will be closed before too long.

These are major developments with many large implications. The World Economic Forum’s “reset” has likely been replaced by a Russian-Chinese reset. 

The U.S. ran on arrogance for so long that it has hollowed itself out. The Western world’s fate is unclear. It seems no one in intellectual, business, or political leadership positions believes in freedom and civil liberty. The U.S. certainly is busy at work canceling itself

Present generations of Americans will not recognize their country. Rivers, mountains, streets, schools, public spaces, even towns are losing their names and acquiring new politically correct names. Normally, this is what outside conquerors do to a country, but we are doing it to ourselves.  A country that destroys its own monuments and history is lost.

My conclusion is that the days of the West are over. The West is drowning in accumulated mistakes and degeneracy. The moral fiber in the leadership ranks is gone.

Paul Craig Roberts has had careers in scholarship and academia, journalism, public service, and business. Currently chairman of The Institute for Political Economy, President Reagan appointed Dr. Roberts Assistant Secretary of the Treasury for Economic Policy. 

Support the Trends Journal with these great products

  1. yardscapes1 5 months ago

    Just like West Rome, the nation states of the West will break apart to smaller ones with regional economic ties. My congratlustions to the establishement for managing to destroy what was once great.

    • Craig Bradley 5 months ago

      ROMAN MONETARY COLLAPSE: 241 A.D. (Waterfall Event)

      Historically, these financial crisis or events happen to every previous nation or civilization ( sic. empire ) from time to time. Our first one ( in the previous century) occurred in 1929-1933. The second occurrence happened in August 1971 when the late President Richard Nixon officially took America off of the international gold standard ( 1945 Breton Woods Agreement).

      Our third major reiteration is pending, a.k.a. “The Great Reset” or the proposed E-CASH Bill in-Congress. The next financial and monetary reform is the coming conversion from a physical dollar or banknote to a fully digital U.S. Dollar (not on a blockchain). The FED will be disintermediated by statue at the same time. Eventually, there will be few if any staffed U.S. Bank branches that we have grown accustomed to. I expect a coming “Bank Holiday” during the transition process, as well.

  2. dascallyon 5 months ago
    Principles for dealing with the changing world order by Ray Dalio. It’s worth a look. I found it very informative.

  3. Michael Ullman 5 months ago

    The elected and non-elected entities who control the policies of our country are the ones who have ruined it. Only by extension have we done it to ourselves. Unfortunately, not enough people have the ability nor the will to question their own beliefs and fantasies regarding personal liberty, democratic process and history. Meanwhile, these unrealistic cherished beliefs are constantly reinforced by a media doing the bidding of the behind-the-scenes powerful entities who seem not to exhibit any basic human qualities but rather are motivated by a pathological sense of greed and personal gratification at the expense of others. We have not yet hit rock bottom but when we do it may awaken a realization that freedom must be earned through vigilance, diligence and often blood.

  4. Craig Bradley 5 months ago


    Some reflections on the current State of the Union, and the world, as it now is. (Too) Many things are fast changing. I am starting to feel a bit old as a result. In-fact, its gotten a bit crazy I would conclude.

    Primary military targets in the U.S. (SoCal) for China, North Korea, and Russia include: JPL in Pasadena, CA Emoji and of course, the U.S. Naval Base at San Diego. Anything or anybody within 20 miles of each target or future blast site (Nuclear First Strike) would be immediately flattened (vaporized). Think Hiroshima. It could happen by 2030 A.D. depending on who is running each respective nuclear power. Its undetermined.

    I just told a friend that if we (collectively) elect political leadership that “allows” any foreign power to attack us or use nukes against us, then we ALL deserve to die at that time. (Majority Rules ). Its equality, as well.

    I had no idea that JPL would actually be a strategic military target, but I have been told by an ex-air force officer that it is, in-fact. So, regardless to where you live (Glendale or Laguna Beach) the result would be no different if we are ever nuked by China or Russia.

    Reluctantly, I have come to believe author and consultant, Joel Skousen of Utah ( USMC retired) is spot-on as far as the growing risks of a concerted nuclear attack by China, Russia, and North Korea- especially by the end of this decade the way things are going. It might even be anytime after Putin’s current term in-office ends in 2024. You can bet the next guy won’t be any better, probably MUCH worse.

    The United States is in jeopardy even if the majority of voters still can not fathom it (reality of the situation ). Perhaps the average (American) voter has recently developed a general sense of uneasiness, not unlike what one senses when a piss-ant is crawling along on their arm hairs ( A tingling sensation of sorts ). Our danger is not from so-called White Supremacists or even so-called “Domestic Terrorists” either. No.

    Even without a World War (III), I predict things are going to become much more difficult (harder and more costly) for nearly everyone in future years. No way around it at this juncture either. We won’t be able to so easily deny it or hide from it all that much longer either. Significant change does not happen that way, historically. It can be described as a long process, followed by a waterfall event. That may be coming to America.

  5. Kenneth Gerry Anderson 4 months ago

    My opinion, when throwing God out of all of your institutions as a country , You go despotic fast.

Leave a reply

©2022 The Trends Journal

Log in with your credentials

Forgot your details?