Bonds, Currencies, Emerging Markets, Stocks

China And Russia Should Work Together To Restore The Global Balance Of Power Says Oliver Stone

Acclaimed Hollywood film director Oliver Stone* has warned the United States against a “dangerous” policy of seeing China as a potential military threat to America, the region and the wider world,” South China Morning Post reports.

China Russia

Stone was speaking at the World Business Forum held recently in Hong Kong.

I think that this new dialogue about China being a threat to the United States is so non-productive and dangerous (…) China will grow, but China’s history, the DNA of China, has always been non-expansion abroad,” he said.

China is trying to make a buck and very smart by going into these countries and trying to encourage their productivity, their growth of their infrastructure. They see the long range, the long picture, and we need that in the world. We need people to see the long picture,” Stone said according to South China Morning Post.

It’s very important the United States not dominate this world, because in domination will come war.” Stone criticised what he called a culture of money and millionaire worship in the US “Greed is not good (…) It’s unbelievable the amount of money we’re talking about now. Something’s wrong. It’s disgusting,” he said.

We seem to be on the verge of a global system transformation, be it in the field of economy, finance, markets, institutions or international relations. Everyone is asking the same question: “What is going on right now?” To put it simply, as Seinfeld once said: “The whole system is breaking down!” The system’s transformation is shaking the fundamentals of the only remaining geopolitical bloc of the Trans-Atlantic community, still being based on alliances, partnerships, institutions and organisations that have continued existing since the end of the Cold War. As it seems presently, major geopolitical changes are about to happen. Not only will the Trans-Atlantic community seek to preserve its dominance in global affairs but also an emerging China-led bloc, aimed at establishing alternative structures, institutions and alliances, will start challenging its dominance,Velina Tchakarova, Senior AIES & Wikistrat Researcher, said in her research piece at the end of May this year.

*) William Oliver Stone (born September 15, 1946) is an American film director, screenwriter, producer and military veteran. Stone came to public prominence between the mid-1980s and the early 1990s for writing and directing a series of films about the Vietnam War, in which he had participated as an infantry soldier. Many of Stone’s films primarily focus on controversial American political and cultural issues and conspiracies during the late 20th century.

About ETFalpha

Chief ETF Strategist & Co-Founder at EMerging Equity

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