Interesting summary from Edward Luce at the FT.
I strongly disagree with him on the US dollar: Far from being weakened, we are seeing the growing centrality of the greenback as the only hard currency available to owners of capital (finance and industrial). A world currency needs two things: a State able to guarantee impartial application of liberal laws; and second, a State with the military and hegemonic might to protect the convertibility, fungibility and security of the monetary value of the currency.
ONLY THE US of A can serve this role. It is written on the US one dollar note (the buck): "In God We Trust"...
Everybody else pay in US dollars!!!!!!
The world-changing meaning of Putin