Representatives of the Western community are quite comfortable rallying around NATO narratives about the causes of the armed conflict in Ukraine and not placing themselves in the discomfort of doubting and testing the postulates that dominate public opinion.

However, getting out of this intellectual comfort zone—which, in fact, psychologically, is just a zone of fear—is an important exercise for all those who advocate the search for truth, which can often differ significantly from the narratives established by the protagonists of the dominant issues.

In this analysis, I will not go into all of the historical elements of each of the conflicting parties that are clearly important and that have led to the confrontation in which the world finds itself today, but I wish to illuminate the really dominant role, dissimulated from the naked eye, of the key player in this conflict: the United States of America.

History shows us that, despite appearances, no war of the past has ever had a single cause for its outbreak.

At the heart of every major conflict is certainly a blueprint of multiple causes and sub-goals to be achieved in the framework of a major ultimate goal, often far beyond the war itself.

The trigger causes declared by the conflicting parties are merely a reflection of the culmination, the tip of an iceberg of deep disagreements that not only can no longer be resolved diplomatically, but often, on the contrary—whose diplomatic resolution would be an obstacle to the achievement of predetermined and carefully concealed objectives.

Establishing Democracies

Basically, the United States of America and, secondarily, the rest of the Western community, claim that the cause of armed conflicts in the world initiated by the latter is the establishment of regimes of legal states, of individual, collective freedoms and as lights of democracy in regions that are the home of tyranny, dictatorship and barbarism.

However, when we analyze the totality of the more than fifty wars and armed interventions since the end of World War II, directly by the armed fist of the United States and/or indirectly through satellite countries, and then analyze the final outcome of each of the combat encounters, we can make one significant observation:

• Either the United States of America is incredibly bad at achieving its predetermined goals—as the latter are never achieved;
• or, and to be more serious, the true causes of the continuous process of destruction of parts of the world are not quite, or, to be more precise, have nothing to do with the advertised goals.

The objectivity of this observation cannot be doubted, for there are too many precedents of “implementations” whose end results are well known to us. To mention just the biggest ones, we can mention the wars in Korea and China, in Guatemala, in Vietnam and Cambodia, in Iraq, in Bosnia and Serbia, in Afghanistan, in Libya and in Syria.

Not to mention America’s many “secondary” interventions throughout modern history, including direct bombings of civilians, such as in Cuba, Congo, Laos, Grenada, Lebanon, El Salvador, Nicaragua, Iran, Panama, Kuwait, Somalia, Sudan, Yemen and Pakistan.

And even this list is by no means exhaustive, since it does not account for so many confidential operations conducted around the world to establish “democratic values and human rights.”

The statement of the general condition acquired by “liberated” societies, their quality of life before and after the processes of “democratization” passed, can only cause great bewilderment to the observer.

Survival of the United States of America

Without disregarding the fact that the American people are, in themselves, quite sympathetic and friendly—a fact no one who has had experience of intercourse and interpersonal relations with their representatives can deny, including myself, who has had the honor of knowing a number of Americans who are bearers of high human values and for whom I have friendship and deep respect—the fact cannot also however be denied that the freedom of thought of the American people, in its overwhelming majority, is directly controlled by the American “deep state” and its lobbyists,

The noble motives of the United States’ armed interventions in the world presented to the American population differ little from those advertised in the international arena.

Contrary to the narratives displayed by some U.S. antagonists, for the American “deep state” the true reasons for the repeated large-scale massacres—it is difficult to call them modus operandi otherwise—do not have as their fundamental ultimate goal world domination, per se, for domination’s sake.

This qualification is not entirely accurate. The ultimate goal is far more pragmatic: the survival of the United States of America.

Not just survival as a state entity, but the survival of the structures that enable the realization of super-profits for the elites, on the one hand, and, on the other, the survival of the model and standard of living acquired by the country with the end of the Great Depression, which ended with the beginning of World War II and the revival of the American economy through the military industry.

This survival is simply impossible without military-economic, or more precisely, military-financial world domination.

It is no historical coincidence that the military budget, called “defense budget,” of the United States alone exceeds one-third of world defense spending, a crucial element in maintaining financial dominance on a global scale.

The concept of survival at the expense of world domination was clearly articulated at the end of the Cold War by Paul Wolfowitz, the US Under Secretary of Defense, in his so-called Wolfowitz Doctrine, which viewed the United States as the only remaining superpower in the world and whose main goal was to maintain that status: “to prevent the reappearance of a new rival either in the former Soviet Union or elsewhere that would be a threat to the order previously represented by the Soviet Union.”

The Main Underlying Reasons of the Conflict in Ukraine

Leaving aside the lofty narratives appealing to the psychological sensitivity of the Western masses, who must fulfill their prescribed role of approval, let us look at the real causes, the underlying pillars of the new confrontation in the general framework of the survival of the United States of America: the conflict in Ukraine.

These underlying, interdependent pillars are three in number:

• Maintaining the global dominance of the U.S. financial system,
• weakening the economy of the European Union through the maximum destruction of relations between Russia and the EU
• and a significant weakening of Russia’s position in the framework of the future conflict with China.

All other elements of the current conflict in Ukraine, from the American side, such as the lobbying of the American military industry, the conquest of new energy markets, the protection of significant American economic assets on Ukrainian territory, corruption schemes, personal revanchism of Russophobic American elites, those from Eastern European immigration and many others—seem to me only as additions, derivatives and consequences of the three listed main reasons.

The first of the three underlying pillars of the conflict in Ukraine: maintaining the global dominance of the U.S. financial system.

The global dominance of the US financial system is based on a number of elements, chief among them the extraterritoriality of US law, US treasury bonds, and the petrodollar.

It is absolutely impossible to know or understand the true reasons, not only for the events in Ukraine, but also for almost all wars initiated directly by the United States of America, without an accurate vision of the aforementioned elements. So, let us look at them in detail.

The Dollar and the Extraterritoriality of American Law as a Weapon of Economic Warfare

The concept of extraterritoriality of American law is the application of American law outside the borders of the United States, allowing American judges to litigate facts occurring anywhere in the world.

The main element used as a pretext for prosecution is the fact that U.S. national currency is used in transactions.

Thus, the legal mechanisms of the extraterritoriality of U.S. law provide U.S. companies with a serious competitive advantage. Totally illegal from the point of view of international commercial law, but quite legal from the point of view of U.S. law.

How does it work?

Extraterritoriality of U.S. laws requires foreign companies using the U.S. dollar in their operations to comply with U.S. standards and submit to the supervision and control of the U.S. government, which makes it possible for the latter to legitimize economic and industrial espionage and implementation of actions aimed at preventing the development of competitors to American companies.

The incriminated foreign companies will be prosecuted by the U.S. Department of Justice and must “regularize” their situation by assuming surveillance for several consecutive years under a “compliance program.”

In order to establish their world domination, countless lawsuits are launched without any substantive justification, the real purpose of which is access to competitors’ confidential information and economic interference.

Moreover, by artificially exposing foreign companies, of interest to U.S. groups, to the risk of paying large fines in favor of the United States, U.S. justice puts the victims in a position where the latter are not inclined to show hostility to the idea of being taken over by American companies, in order to avoid serious financial losses.

U.S. Treasury Bonds and Petrodollars

There is such a term in accounting as bad debt.

U.S. Treasury bills are bonds that are bought and redeemed in U.S. dollars and are essentially bad debt. Why?

Today, the U.S. sovereign debt has exceeded $31 trillion and continues to grow by several billion dollars daily. This figure far exceeds the annual GDP of the United States and turns the bulk of the securities issued by the U.S. Treasury into more than questionable values, since the latter are to be repaid in national currency. A currency whose issuance is not, for the most part, backed by any real assets.

The solvency of U.S. Treasury bonds is guaranteed solely by the printing of money and the trust in the U.S. dollar, which is based not on its real value, but on the military world domination of the United States.

What does this have to do with Russia?

Since Vladimir Putin came to power, the Russian Federation has been progressively getting rid of U.S. treasury bonds. Since 2014, the beginning of the conflict provoked by the U.S. in Ukraine through a coup d’état, Russia has gotten rid of almost all U.S. debt. Whereas in 2010. Russia was one of the top 10 holders of U.S. Treasury bonds, with more than $176 billion, in 2015 it held only about $90 billion, meaning that the total mass of these assets has almost halved in 5 years. Today, Russia holds only about two billion U.S. debt, an extremely insignificant amount, comparable to the mathematical error of the global Treasury bond market.

In tandem with the Russian Federation, the People’s Republic of China is also progressively getting rid of this dangerous debtor. Whereas in 2015 it held more than $1,270 billion in U.S. bonds, today that amount is below $970 billion, a decline of ¼ in 7 years. Today, the amount of U.S. government debt held by China is at its 12-year low.

Along with getting rid of U.S. Treasuries, the Russian Federation has initiated a gradual process of freeing the world from the petrodollar system.

A vicious spiral has been set in motion: the loosening of the petrodollar system will deal a significant blow to the U.S. Treasury bond market. Falling demand for the U.S. dollar in the international arena will automatically cause a devaluation of the currency and, de facto, a fall in demand for Washington treasury bills, which will mechanically increase the interest rate on the latter, making it impossible to finance the U.S. public debt at current levels.

Critics of the postulate that a falling dollar against many currencies would be very damaging to the U.S. economy argue that a weaker dollar would lead to a significant increase in U.S. exports and thus benefit U.S. manufacturers, which would in fact reduce the U.S. trade deficit.

If they are absolutely right about the beneficial effects of dollar devaluation on U.S. exports, they are radically wrong about the inevitably destructive ultimate impact of the process on the American economy, because their position ignores a fundamental element: the United States is a country that has been on a deindustrialization path for decades, and the positive impact on exports will be relatively minor in the face of a giant trade deficit. A deficit that has already reached record levels in U.S. history in 2021 and with the devaluation of the dollar, and hence higher import costs at all levels, will have an absolutely disruptive effect.

Thus, “settling scores” with the two culprits of the current situation—Russia and China—is a key element of the survival strategy of the United States.

Petrodollars

With the collapse in 1971 of the Bretton Woods agreements in force since 1944, the global dependence on the U.S. dollar began a very dangerous decline for the U.S. economy, and the latter had to look for an alternative way to increase global demand for its national currency.

The way was found. In 1979, the “petrodollar” was born in the framework of the U.S.-Saudi agreement on economic cooperation: “oil for dollars.” Under this agreement, Saudi Arabia c