The Turning Point?
Russia, for its part, is seeking to implement a new geopolitical axis with Beijing and Tehran, a factor of multipolar balance of power opposed to the Atlanticist endeavors. The Chinese, after long procrastination, are no longer hiding their desire to “de- Americanize the world.” Yet, the future of Russia, a great power, albeit still fragile, in a similar way as China, with its own inner contradictions, remains uncertain. Countries of Eastern Europe are still hesitant as to which path to follow—all the more so as Germany is seeking to replace the former USSR as a federating factor in Eastern and Central Europe.
We are witnessing a restructuring of the forms of world domination. The United States, with its financial markets, its armed forces, its language and its culture industries remains the leading world power. Its economic impact, however, is decreasing bit by bit (its share of global industrial output has fallen from 45% in 1945 to 17.5% today), with the dollar representing today only a third of world trade in comparison to more than a half in 2000. The process of “de- dollarization” has already and simultaneously begun, in oil and gas trading and on the monetary front. Russia and China, emulated by other Third World countries, are using more and more their national currencies in trade and investment. The project of trade in energy and raw materials, without resorting to the dollar, is beginning to take shape. Meanwhile, the purchase of gold is gathering momentum. The advent of a new international reserve currency, designed to replace the dollar, seems inevitable.