www.zerohedge.com By Tyler Durden
As we enter incandescent 2024, four major trends will define the progress of interconnected Eurasia.
- Financial/trade integration will be the norm. Russia and Iran already integrated their financial message transfer systems, bypassing SWIFT and trading in rials and rubles. Russia-China already settle their accounts in rubles and yuan, coupling immense Chinese industrial capacity with immense Russian resources.
- The economic integration of the post-Soviet space, tilting towards Eurasia, will predominantly flow not so much via the Eurasia Economic Union (EAEU) but interlinked with the Shanghai Cooperation Organization (SCO).
- There will be no significant pro-Western inroads in the Heartland: The Central Asian “stans” will be progressively integrated into a single Eurasia economy organized via the SCO.
- The clash will become even more acute, pitting the Hegemon and its satellites (Europe and Japan/South Korea/Australia) against Eurasia integration, represented by the three top BRICS (Russia, China, Iran) plus the DPRK and the Arab world incorporated to BRICS 10.
On the Russian front, the inimitable Sergey Karaganov has laid down the law:
“We should not deny our European roots; we should treat them with care. After all, Europe has given us a lot. But Russia must move forward. And forward does not mean to the West, but to the East and the South. That is where the future of humanity lies.”
And that leads us to the Dragon – in the Year of the Dragon.
The Mao and Deng Road maps
There were a whopping 3.68 billion Chinese trips by rail in 2023 – an all-time record.
China is fast on the way to become an AI global leader by 2030. Tech giant Baidu, for instance, recently released Ernie Bot to rival ChatGPT. AI in China is expanding fast on healthcare, education, and entertainment…
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