By Francis Lee for the Saker Blog
Many if not most Americans have always been in denial about the imperial ambitions and practices of US foreign policy. There are honourable exceptions – Noam Chomsky, Tulsi Gabbard come immediately to mind. But on the whole the direction of US geopolitical strategy has been guided and implemented by a small cabal of geopolitical fanatics; these are ensconced in various state and non-state organizations such as the media and various think-tanks and have had a wholly negative effect on US foreign policy, both in practise and theory. The US’s global adventurism has been regarded by the US public, insofar that it concerns itself with such matters, as being conceived in good faith and benign in intent. Unfortunately, the facts don’t conform to the popular trust that American citizens put in their government, particularly the Deep State, National Security Agencies, the political elites, and the Military Industrial Complex, not to mention the mainstream media.
This popular narrative of America qua global good-guy was very beautifully illustrated in a novel by the British author Graham Greene. The novel The Quiet American was set against the background of the first Indo-China war, with one of the central characters, Alden Pyle, an ostensibly idealistic young American Aid worker, who presented himself as a proto third-way reformist opposed both to the excesses of French colonialism on the one hand, and Chinese Communism on the other. But in fact he was nothing of the sort, and his baleful motives are soon uncovered by the cynical, world-weary British journalist, Thomas Fowler. As it turned out Pyle had been working for the CIA all along. The novel itself has been made into two motion pictures. Both are well worth watching and instructive. The novel was of course an allegory on what was happening and what has always been happening in geopolitical national rivalries and machtpolitik.
Thus US imperialism is the theory and practise which dare not speak its name. In the third world, however, and increasingly in the developed world, the facts are plain to see for all but the ideologically purblind. The US, particularly since the neo-conservative ascendancy, is a rampaging imperial juggernaut, with a blatant empire-building agenda. The US imperial project was from 1945 onwards held in check by social democratic obstacles in western Europe, the existence of the Soviet and East Asian Communist bloc and national anti-colonialist movements in the south. But with the collapse of communism, the ongoing enervation and retreat of social democracy, and the stalling of the anti-colonial struggle in the south, the rapacious beast of American imperialism was off the leash.
Moreover, the US has made it perfectly clear that it will not tolerate the reconstitution of any economic or military power capable of challenging its global domination. (see The Wolfowitz Doctrine.) To this end it has arrogated to itself the right to wage ‘preventive wars’ against those who may sometime in the future threaten its global ambitions. The global system has been unipolar but now its dominance is being challenged by new adversaries, particularly Russia, China, and perhaps Iran and the Americans are determined to contain what they regard as a strategic challenge.
This project is assuredly not lacking in ambition. It aims at extending the ‘Monroe Doctrine’ to the whole planet; the establishment of a sort of US global suzerainty. This would be difficult for the US to accomplish alone – it therefore has to form alliances and spheres of influence with other (subaltern) partners in the developed world. Roughly speaking the geopolitical configuration for America’s global project is as follows.
The phase of the (present) global development of capitalism is characterised by the emergence of a collective imperialism. The entirety of the Americas, Europe west of the Polish frontier and Japan, to which we should add Australia and New Zealand, defines the area of this collective imperialism. It ‘’manages’’ the economic dimension of capitalist globalization and the political military dimension through NATO, whose responsibilities have been redefined so that in effect it can substitute itself for the United Nations.
This requires some skilful diplomatic balancing between the US and its junior partners – particularly within the EU, where conflict between certain European states and the US is always a possibility. This is clearly evident in the spat between Germany and the US with the contretemps over Nordstream-2 and the stationing of US troops in Germany. To this end the mobilization of various euro-quisling elites – the UK, Poland, and according to Donald Rumsfeld the ‘new’ (Eastern) Europe – are vital for America’s policy of divide and rule in this area. Moreover the globalization agenda (the economic prong in the US global offensive) has become the received wisdom in the EU. As for the Euro it has become a satellite currency of the dollar, although it is in fact a stronger currency since it is based upon a euro economy which runs persistent trade surpluses with the United States (as does most everybody else).
Thus the EU – with the possible exception of France – has tended to meekly follow in the wake of the US hegemon ensnared in an Atlanticist doctrine for which the raison d’etre – if there ever was one – definitively ended with the cold war. And the world pays a heavy price for this.
According to Samir Amin:
‘‘The US economy lives as a parasite off its partners in the global system, with virtually no national savings of its own. The world produces while North America consumes … The fact is that the bulk of the American deficit (on Federal and Current Account) is covered by capital inputs from Europe and Japan, China and the South, rich oil-producing and comprador classes from all regions in the Third World – to which should be added the debt service levy that is imposed on nearly every country in the periphery of the global system. The American superpower depends day to day on the flow of capital that sustains the parasitism of its economy and society.’’ (1)
This was written by Amin back in 2006, but the US’s drive has not really altered that much in the interim. If anything it has become even more bellicose in pursuit of its quest for world hegemony. However, today, we not only have a clash of interests with the Germans and the US over the above issues. And despite the nominally peaceful intentions between the US and its allies (vassals) eventually the rising nations find that pursuing their own interests hits the barriers of the prevailing international order. And the further the old powers try to sustain their outdated settlement, the more the ascending powers – both within Europe and without – are frustrated. The entire post-war system itself becomes a source of international tension.
NATO exemplifies this. Established as we saw in a different era to coordinate western military power since the Cold War 1, after the end of that war NATO has turned into a disruptive force. Pursuing an ‘open-ended and ill-conceived eastern expansion’ the EU has rekindled inter-state tensions instead of assuaging them. (2) This illustrates a broader trend; that conflicting attitudes to the entrenched institutional structures generate dissension triggered by outdated economic and strategic pressures. National differences are expressed and often inflamed through opposing or supporting the existing and outdated systems and rules.
It could be said that NATO is a locus classicus of a dysfunctional bureaucracy. It exists ‘in order to solve the problems which it created.’ Or as Schumpeter first noticed, that ‘’ … in Egypt a class of professional soldiers formed during the war against the Hyskos persisted even when those wars were over along with its warlike instincts and interests … ‘‘ He noted with a pithy summary of his viewpoint that ‘’Created by wars that required it, the machine now created the wars which were required.’’ NATO anyone!?
With regard to International Political Economy, It is not generally understood that the US with its chronic federal and trade deficits is actually on the brink of technical bankruptcy, particularly when long term commitments on Medicaid, Medicare and Pensions, and Social Security payments are factored into the calculations. According to research carried out by Professor Laurence Kotlikoff for the Federal Reserve Bank of St Louis, a leading constituent of the US Federal Reserve, Fed liabilities come to a staggering $70 trillion – this is roughly 5 times the size of the US GDP. However these figures are now out of date. Given the fact that sovereign (or government) debt currently stands at $24 trillion which in terms of DEBT-to-GDP ratio of 107% is bad enough. Then comes private DEBT-to-GDP which stands at 220% minus unfunded future liabilities. (See below).
Figure 1. Sovereign debt to GDP 107%
Figure 2. Private debt to GDP 220%
The TOTAL DEBT i.e. municipal, household, financial, corporate, cars and student fees/debts AND, unfunded future liabilities, social security, Medicare, and pensions, are pushing on to a figure of total debt of 2000% in the not too distant future. This according to a CNBC report by Jeff Cox, September 09, 2019. This whole process has more or less been on track since the demise of the Bretton Woods system in 1971. The date was significant since this was when the US defaulted on its gold IOUs handing its trading partners paper dollars, or near dollars such as US Treasuries (Bonds) which it insisted were as good as gold. As a result the holders of this US government paper have been subsidizing the US and its economy ever since. The ability to palm off its trading partners with green paper meant that the US has been able to buy stuff from the western world without actually paying for any of it. It gets better. The US has been able to buy foreign made goods with monies loaned to them by foreign governments! The ultimate free lunch! See below. Only one way up apparently! Bear in mind also that the figures shown only go up to 2014. It’s odds on that the debt has grown further in the ensuing time span.
Against this backdrop the foreign policy of the US becomes clear. Its purpose is loot pure and simple. The south must continue to be plundered for cheap inputs and raw materials and in order to do this comprador elites must be promoted who are friendly to US interests. Economic development of course cannot take place in this context as there will be an outflow of capital from South to North. Markets must be opened up to the rapacious incursions of US and other western capitals. Possible rivals – Russia, China – must be regarded as long-term enemies and will be divided and marginalised or possibly in 1970s geopolitical jargon ‘Finlandised’. And uppity allies in Europe – like France – must be slapped down and brought to heel.
Whether the Americans can pull this off is a moot point. It rather depends on whether and how the rest of the world will continue to take the green paper from the Fed/US-Treasury (they are now conjoint BTW similar to a pantomime horse).
When other countries and other private lenders borrow, in this instance from the US, they must consider the economic and financial strength and resilience of that economy. Let’s put ourselves into the position of a creditor. As follows.
- US sovereign debt is greater than national GDP and is only going to get worse. That puts the US economy in what historically has been the danger zone for ruinous trouble of one kind or another: economic stagnation, default, or runaway inflation. As we have seen however it’s the TOTAL DEBT. Which makes the situation dramatically worse.
- Manufacturing industry has been hollowed out by a strong dollar policy which makes US export costs rise leading to deindustrialisation.
- The Economy has been left with little capacity for recovering from shocks – both internal and external. Despite the unprecedented money printing and deficit spending evoked by past – 2008 – and presently – 2020 – even greater and further shocks will arise which will only be comparable to the 1930s.
- Zero or negative interest rates, courtesy of the Fed, which have resulted in a bonanza for corporations to juice up their stock-market capitalisation. Essentially by stealing money off of savers.
- Investment markets can’t go anywhere without creating bubbles that eventually burst. 1. Dot.com bubble, 2000, 2. Property bubble, 2008, 3. Everything bubble 2020.
This seems to be the story of the 20/21 centuries with each crisis being bigger and deeper as the one before. Does this look like the picture of a healthy super-power? Or is it the picture of a vulnerable giant close to its historical inflexion point? I know where I would put my money.
But given the tsunami of dollar bills flooding the markets an engineered inflation or a Volcker style 20% hike in interest rates seems likely; my own view is that there will be an engineered inflation; in fact, it’s happening already. This means any persons, corporations or states holding US$s or dollar denominated assets, e.g. Treasury Bills is going to take a big hit.
Of course this US offensive, both political and economic, has and will continue to be met with stiff resistance. Most of this has been spontaneous and centered around the crisis in the Middle East, South East Asia, with the growing opposition to the reputedly Promethean gifts of globalisation.
Samir Amin identifies 4 aspects of a political programme which would give organizational coherence to this opposition. ‘’(i) A campaign against all American ‘preventive’ wars and for the closure of all foreign US bases, (ii) A campaign of right to access to the land, which is of crucial importance to the world’s 3 billion peasants, (iii) A campaign for the regulation of industrial outsourcing, and (iv) A cancellation of third world external debts.(v)’’ (3)
One could of course add more to this – capital controls, global minimum wage and labour standards … and so forth. This would only be a beginning, however. Amin himself looks forward to the reconstitution of the UN as a forum where the third world and smaller countries could find legitimate voice, as opposed to the dominant – i.e., US controlled – institutions of the present – the IMF, WTO, WORLD BANK, and NATO which are frankly little more than instruments of US/EU/NATO Triad collective imperialism.
Get ready for a long period of Sturm Und Drang.
(1) Beyond US Hegemony – Samir Amin – 2006
(2) Stephen Walt – 2018
(3) Amin Op.cit. 2006
Noam Chomsky has always been happy with Israel’s ambitions in the region. I guess Jews really have different rights from everyone else.
The truth is the exact opposite. Your source?
Chomsky: Cutting off military aid to Israel would have “major effect” on Middle East (3:40)
https://youtu.be/JD3t_jtAAmQ
Regards
In their strategy papers US imperialists are not so quiet about their imperial ambitions and practices.
“Excerpts From Pentagon’s Plan: ‘Prevent the Re-Emergence of a New Rival’
…
Our first objective is to prevent the re-emergence of a new rival, either on the territory of the former Soviet Union or elsewhere, that poses a threat on the order of that posed formerly by the Soviet Union. This is a dominant consideration underlying the new regional defense strategy and requires that we endeavor to prevent any hostile power from dominating a region whose resources would, under consolidated control, be sufficient to generate global power. These regions include Western Europe, East Asia, the territory of the former Soviet Union, and Southwest Asia.
There are three additional aspects to this objective: First, the U.S. must show the leadership necessary to establish and protect a new order that holds the promise of convincing potential competitors that they need not aspire to a greater role or pursue a more aggressive posture to protect their legitimate interests.
…
access to vital raw materials, primarily Persian Gulf oil;”
http://www.nytimes.com/1992/03/08/world/excerpts-from-pentagon-s-plan-prevent-the-re-emergence-of-a-new-rival.html?pagewanted=all&src=pm
“First published From Parameters, Summer 1997, pp. 4-14: US Army War College
…
There will be no peace. At any given moment for the rest of our lifetimes, there will be multiple conflicts in mutating forms around the globe. Violent conflict will dominate the headlines, but cultural and economic struggles will be steadier and ultimately more decisive. The de facto role of the US armed forces will be to keep the world safe for our economy and open to our cultural assault. To those ends, we will do a fair amount of killing.”
https://web.archive.org/web/20070527092859/http://www.informationclearinghouse.info/article3011.htm
“Likewise, space forces will emerge to protect military and commercial national interests and investment in the space medium due to their increasing importance.”
“The Joint Vision 2010 operationalconcepts of dominant maneuver, precision engagement, full-dimensional protection, and focused logistics are enabled by information superiority and technological innovation. The end result of these enablers and concepts is Full Spectrum Dominance. Information superiority relies heavily upon space capabilities to collect, process, and disseminate an uninterrupted flow of information while denying an adversary’s ability to fully leverage the same.”
“The globalization of the world economy will also continue, with a widening between “haves” and “have-nots.””
http://web.archive.org/web/20160306013455/http://fas.org/spp/military/docops/usspac/visbook.pdf
“Chaos Theory and Strategic Thought
…
With this ideological virus as our weapon, the United States should move to the ultimate biological warfare and decide, as its basic national security strategy, to infect target populations with the ideologies of democratic pluralism and respect for individual human rights. With a strong American commitment, enhanced by advances in communications and increasing ease of global travel, the virus will be self-replicating and will spread in nicely chaotic ways. Our national security, therefore, will be best assured if we devote our efforts to winning the minds of countries and cultures that are at variance with ours. This is the sole way to build a world order that is of long duration (though, as we have seen, it can never achieve absolute permanence) and globally beneficial. If we do not achieve this ideological change throughout the world, we will be left with only sporadic periods of calm between catastrophic reorderings.
A tangible implication of this analysis is a sharp increase in support for the United States Information Agency, the National Endowment for Democracy, and the numerous private-sector exchange and educational programs. This programs lie at heart of an aggressive national security strategy.”
https://web.archive.org/web/20170117010919/http://strategicstudiesinstitute.army.mil/pubs/parameters/Articles/1992/1992%20mann.pdf
“Victory is Possible
by Colin S. Gray and Keith Payne
…
If American nuclear power is to support U.S. foreign policy objectives, the United States must possess the ability to wage nuclear war rationally.
…
Surely no one can be comfortable with the claim that a strategy that would kill millions of Soviet citizens and would invite a strategic response that could kill tens of millions of U.S. citizens would be politically and morally acceptable. However, it is worth recalling the six guidelines for the use of force provided by the “just war” doctrine of the Catholic Church: Force can be used in a just cause; with a right intent; with a reasonable chance of success; in order that, if successful, its use offers a better future than would have been the case had it not been employed; to a degree proportional to the goals sought, or to the evil combated; and with the determination to sparre noncombatants, when there is a reasonable chance of doing so.
…
Small, preplanned strikes can only be of use if the United States enjoys strategic superiority — the ability to wage a nuclear war at any level of violence with a reasonable prospect of defeating the Soviet Union and of recovering sufficiently to insure a satisfactory postwar world order.
…
The United States should plan to defeat the Soviet Union and to do so at a cost that would not prohibit U.S. recovery. Washington should identify war aims that in the last resort would contemplate the destruction of Soviet political authority and the emergence of a postwar world order compatible with Western values.
…
Strategists cannot offer painless conflicts or guarantee that their preferred posture and doctrine promise a greatly superior deterrence posture to current American schemes. But, they can claim that an intelligent U.S. offensive strategy, wedded to homeland defenses, should reduce U.S. casualties to approximately 20 million, which should render U.S. strategic threats more credible. If the United States developed the targeting plans and procured the weapons necessary to hold the Soviet political, bureaurcratic, and military leadership at risk, that should serve as the functional equivalent in Soviet perspective of the assured-destruction effect of the late 1960s.”
http://home.earthlink.net/~platter/articles/80-summer-payne.html
“In the 1900-1903 war to conquer the Philippines, the U.S. killed
more than 1 million people. In the midst of that war, U.S. Army
General Shefter said: “It may be necessary to kill half of the
Filipinos in order that the remaining half of the population may be
advanced to a higher plane of life than their present semi-barbarous
state affords.”
http://www.thirdworldtraveler.com/American_Empire/Century_Imperialism.html
“Kill every one over ten.”
– Gen. Jacob H. Smith.
https://1.bp.blogspot.com/_kiIVsl8DBCQ/TCKFAGh3hEI/AAAAAAAAOO8/s0Qa5ItDano/s1600/KillEveryOneOverTen.png.jpg
“Empire Without End
…
David Ramsay, South Carolina’s delegate to the Continental Congress, wrote as early as 1778 that the grandeur of the American continent provided the basis for a realm that would make “the Macedonian, the Roman, and the British sink into insignificance.” George Washington thought of the new country as a “rising” or an “infant” empire. Thomas Jefferson, who secured the vast Mississippi and Missouri valley corridors, famously envisaged an “empire of liberty.””
https://www.foreignaffairs.com/reviews/review-essay/2010-07-01/empire-without-end
“But on the whole the direction of US geopolitical strategy has been guided and implemented by a small cabal of geopolitical fanatics; these are ensconced in various state and non-state organizations such as the media and various think-tanks and have had a wholly negative effect on US foreign policy, both in practise and theory.”
It may be guided and implemented by a small cabal but it has the support of a large majority of Americans.
“To this end the mobilization of various euro-quisling elites – the UK, Poland, …”. I am afraid not. Yes, Poland is a political puppet of the EU and US, but not the UK, as that would be absurd. The US has been under Rothschild’s control since 1776, when freemason George Washington started an insurrection known as the “American Revolution”. He was, of course, Rothschild’s controlled and financed.
The 1913 created “Federal Reserve Bank” was a Rothschild’s project, which ended up controlling American finances. To this day most people in the US think that the Fed is a Federal Bank, when in fact it is privately owned and controlled. Prince Philip, husband to the Queen of England, is commander in chief of all freemasons. In Washington DC you will find the HQ of the freemasons for the US. How many American politicians, Government employees, generals, media personalities, etc. were and are freemasons ? Barack Obama, for example, is a member of the Prince Hall Masonic Lodge for Afro-Americans.
The US has been at war for 93 % of it’s existence. For whom did it do all that fighting ?
Take into account the Korean War of the 1950’s and the Vietnam War of the 1960’s and 1970″s. Why was it fought ? To “contain” communism ? A laughable excuse, bearing in mind communism was a Western invention, invented by two guys living in London and financed by the Rothschild’s (Karl Marx was in fact related to the Rothschild’s). Neither Korea nor Vietnam posed any threat to the US. Even so, both were invaded. Why ? Because both have frontiers with China. The intent was for China to be destabilized, after which US troops would pour into China from Korea and Vietnam and invade the country in a pincer movement. The global intent was to have China separated from Russia, after which Russia would be left standing alone.The Chinese, of course, knew this, which is the reason why they backed both countries. Rothschild’s plans failed.
The US facing a huge foreign and domestic debt ? Nothing surprising. As a Rothschild’s colony, it’s duty was and is to listen to it’s master and fight for it’s masters interests, at it’s own expense of course. The US was created to be used and discarded. It would appear that it’s nearing the end of it’s existence in it’s current form and shape.
“capital controls, global minimum wage and labour standards … and so forth.”
Marxism has failed. In case the writer has not noticed.
“Marxism has failed. In case the writer has not noticed.”
Failed to do what?
Alfred, the USSR was on based central industrialism – not communism. One need not be an economist to understand that
Central industrialism failed because of the global elite’s cold war strategies against it.
– using a Polish Pope (the Vatican is as much a geopolitical player as the City of London & Wall St)
– flooding the gold market driving down the price (as the Ruskies had stockpiled gold)
– using the propaganda of the Strategic Defense Initiative (aka Starwars) to get the Ruskies to waste billions on useless research
– arming & funding the mujaheddin in A’stan (6 mths before the Soviet invasion) after the Ruskies had poured billions in investment into the country
– the positioning of CIA plants in the Soviet hierarchy like Yelstin
Regards
Here is something to chew on as well where the debt is concerned.
“Without fail, every president within the last 50 years has expanded the nation’s debt. When President Trump took office on January 20, 2017, the national debt—the amount the federal government has borrowed over the years and must pay back—was a whopping $19.9 trillion. Despite Trump’s pledge to drain the swamp and eliminate the debt, the federal debt is now approaching $27 trillion and is on track to surpass $78 trillion by 2028.
For many years now, economists have warned that economic collapse would be inevitable if the national debt ever surpassed the size of the U.S. economy. The government passed that point in June 2020 and has yet to put the brakes on its spending.
In fact, the Federal Reserve just keeps printing more money in order to prop up the economy and float the debt.
At some point, something’s got to give.
As it now stands, the U.S. is among the most indebted countries in the world.
Almost a third of the $27 trillion national debt is owed to foreign entities such as Japan and China.
Most of the debt, however, is owed to the public.
How is this even possible? Essentially, it’s a case of robbing Peter to pay Paul.
First, the government requires taxpayers to pay a portion of their salaries to the Social Security Trust Fund. The government then turns around and borrows from Social Security to cover its spending needs. Then the government raises taxes or prints more money in order to pay out whatever is needed to the retirees.
It’s a form of convoluted economics that only makes sense to government bureaucrats looking to make a profit off the backs of the taxpayers.
According to the U.S. Debt Clock, each taxpayer’s share of the national debt is $214,000 and growing.”
https://www.rutherford.org/publications_resources/john_whiteheads_commentary/since_9_11_the_governments_answer_to_every_problem_has_been_more_government
Gerry,
1. a country that’s monetary sovereign cannot go broke – as it can issue its own currency. The Federal reserve has pumped $6 trillion into the US banks – which has gone into asset inflation in driving up prices of companies on the stock market
2. You said: “According to the U.S. Debt Clock” the so-called debt clock is a counter (its not based on anything in financial reality). It’s yet another psyop being played out on the American people
Regards
” the popular trust that American citizens put in their government,”
But how do we know what people are really thinking? They are probably weighing up several theories at any given moment.
Like ‘regime change’ everywhere the prospect of such is comming now to the US. Perhaps this is what will also happen with the dollar. Regardless of the international prospects of the dollat pethaps the inequalities at home will be the domino that begins to destroy the dollar. The internation community is becoming aware of the fragilities of the home economy. Health care, education and all the social programes are disfunctional. Therefore I believe the dollar will be destroyed from within. China just divested istself of 200 billion of treasury bonds. Why? Not because of external reasons it is becaused the considered the social/political problems facing the US. Trump I believe is aware to the problems thus his desperation to gather his allies and isolate his economic enemies. I the end those allies will be the victims such as Australia.
I did a short viedo on the inequalities of the US internal system here:
https://youtu.be/tDPz4E0nwi8 or http://www.cowdisley.com/videos/UMImovie.mp4
Sadly it does not address the international considerations that the article above promotes but my thesis is that it will all come home.
Todo eso es ya pasado. Actualmente la película que llena las salas se titula Dead Empire Walking
Translation. Mod:
That’s all past. Currently the film that fills the halls is titled “Dead Empire Walking.”
See the Wolfowitz Doctrine which was rolled into the Bush Doctrine after 9-11 – tells us everything we need to know
https://en.wikipedia.org/wiki/Wolfowitz_Doctrine
And when coupled with the 1996 Israeli ‘A Clean Break, A New Strategy for Securing the Realm’ it lays out how US military strength & technology is gradually being transferred to the zionist entity so it can become a regional superpower in the Mideast
https://en.wikipedia.org/wiki/A_Clean_Break:_A_New_Strategy_for_Securing_the_Realm
Anything else is a footnote in history!
Regards
The US isnt falling apart – its being pulled apart. I believe we’re witnessing the US being pushed to Stage 3 – which will only get worse after NOV 3 US Prez election – as the losing side will refuse to accept the result, riots in the streets, Federal forces brought in, possibly martial law & curfews. Dissidents will be sent to FEMA camps established throughout the country
KGB defector Yuri Bezmenov’s warning to America (1984) (6:50) https://youtu.be/IQPsKvG6WMI
Stage 1 demoralization (15 – 20yrs)
Stage 2 destabilization (about 5 yrs)
Stage 3 crisis
Stage 4 normalization – continues indefinitely
theres a full i/view on YT for those who need more detail
Regards
lol Bezmenov was never a KGB agent. He was recruited by the CIA as an anti-Soviet story-teller. Don’t get fooled by this charlatan!
Relevant article.
America has been living beyond its means but foreign entities have wanted that to happen. EU investment and loans to US has happened for decades simply as null payment for defense and war debts plus the fact the better investment opportunities are there rather than in Europe. Japan similar.
Oil & gas imports since 1970 have also been a big factor particularly in the last 20-30 years in its trade deficit.
Loans to US enable the lenders to export to US and generate their own internal eco growth which is then used to purchase things they need from other countries. Japan for example, likes to sell its products to US which builds up reserves so it can buy foodstuffs and things its doesnt have often from US. Without US demand the world eco and growth would have been sluggish like the pre 1700 period – Middle Ages.
Pre 1920 it was British Empire demand that was the engine for growth (at a lesser degree).
But US will have to address the monetary issues and come up with a plan to address the debt matter at some date.
I think LaRouche had the right ideas for solving this, and for a community of nation states which aren’t at each other’s throats. The way he put it, we either push for the development of mankind around sovereign nation states, or we fall into war. The financial predators are like fleas on the dog (nations), threatening our survival, and what’s needed is a flea dip, not the killing of the dog. This great crisis is also a great opportunity, be merry and help ideas get around. Russia and US should be great friends, the hatred is coming from the dingbats in the City Of London and the Neocons. They just tried to oust Trump, and got badly exposed. That is cause for celebration, so kick ‘em while they are down, ha.
Highlights include A New Breton Woods, and LaRouche’s Four Laws.
https://action.larouchepac.com/new_bretton_woods
Homepage:
https://larouchepac.com/
I would add that all the hoopla against Russia, and China, is to prevent the Empire’s greatest fear from materializing: the US joining Russia, China, and India to reset the world financial system back into control of the nations themselves. Step back and look and it’s pretty obvious. That’s their weak spot, so aim for it. Help the leaders get together and plan the new system.
Since when in history has the top dog ever wanted to share the spoils, why do you think the U.S spend so much on it’s military with the money they get in by various means from their “allies”.
They use to call this fleecing of assets tribute.
Nothing has ever changed with humans except the technology in which to do it.
The change in the world at the moment is due to the U.S attempt at bringing “Liberal democracy” to China, the U.S failed because China was holding the fishing rod when those in the U.S believed they were the fisherman.
What you will have now is a new cold war because it worked against Russia…it won’t work against China they have been planning their rise for 100 years and they know the U.S won’t share the world.
The mindset you ascribe to US foreign policy is not native. In fact it is directly opposite of the original American System set up by Alexander Hamilton and continued by Lincoln and FDR.
The current system was imposed by the money power centered in the City of Lonndon crowd when Bretton Woods was taken down by Nixon, and it has been downhill ever since. We are tying to get that monkey off our back. As the current system implodes, there is an opportunity for well prepared diplomacy to seize the moment and exorcise the central banker parasites from the planet.
Interesting paper on US sovereign debt by two Univ of VA law professors:
https://digitalcommons.law.msu.edu/lr/vol2019/iss5/4/
Ed Kitch & Julia Mahoney, “Restructuring United States Government Debt: Private Rights, Public Values, and the Constitution”
Mainstream policy discussions take as given that the United States will and must pay its debts in full and on time, and that restructuring is legally and politically impossible. In our judgment, this assumption is unwarranted. Far from being unthinkable, under some circumstances restructuring the debt of the United States would merit serious consideration, and these circumstances may well be fast approaching. We diverge from the standard wisdom for two reasons. First, we doubt that payments on treasury obligations will necessarily take precedence over what the electorate sees as more pressing needs, including national security and price stability. In particular, we suspect voters may balk if told that holders of United States debt securities have ironclad priority over Social Security claimants and others with well-settled expectations of government benefits. Second, we think it wrong to equate restructuring with catastrophe. While we do not dismiss out of hand the dangers of not paying creditors in full and on time, we believe that—perhaps counterintuitively—the American constitutional framework could prove an asset rather than a liability when it comes to handling severe financial stress. Our conclusion on this point follows from the insight that the very dispersals of power that can fuel gridlock can also serve to enable the United States to offer credible assurances that its new financial structure will be stable going forward.