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Another excellent summary. Was it not Zbigniew Brzezinski who said that if the U.S. wished to maintain supremacy they could not afford to allow China and Russia to become allies.

Biden is surrounded by people, many with a Ukrainian history such as Victoria Nuland, with a deep hatred of the Russians. Should Trump get in these same people will simply change allegiance and under Trump, a notoriously poor chooser of men (and women), nothing will change. Plus ca change plus c’est le meme.

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The defense establishment want the war with China, because that looks like a big war and thus, big money. While China is a problem because of its economic status, the US problem is the strategy; de-dollarization. When the USD is no longer the reserve currency the US can't just keep printing dollars and the whole hegemonic dream becomes a nightmare.

Not that the idiots will care, they'll just move their money. The US will have to "move its economy", which takes decades.

This is the trajectory and there is nothing that the US can do to stop it. Their smartest move is to stop being a hegemon, invest in their own population and useful industries. The reason that this is not going to happen is beautifully described in the Brenner piece. I think he is totally correct. The US is screwed.

The problem for the rest of us is nuclear war. The problem for our children in technocracy, and the ongoing battle to preserve what limited civil rights can be retained.

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Jul 12·edited Jul 12

The RAND Corp published ana analysis last year showing that a war with China has NO winners. Only losers all round the world including both USA and China and certainly the EU vassals, who during coronavirus we all recall could not even locally produce sufficient amounts of basic item like medical masks and bike parts - never mind anything else.

WTF can read those analyses and STILL do this stupidity? It’s mind-boggling…

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Jul 12Liked by YesXorNo

Also on your point about this:

“… The EU, money laundering, bureaucratic schemers have other troubles on their horizon. The biggest pile of assets they've been plotting control over is the $260+ billion dollars of the Central Bank of Russia sitting in Euroclear and some British accounts..”

The craziest part of this is that every one in the financial sector KNOWS that Russia is also sitting on frozen assets within Russia owned by US and EU financial institutions and investors. The second that the U.S. triggers a theft of Russian held assets abroad, Russia will retaliate in kind.

Who is is most exposed to the potential loss of those assets frozen in Russia? It’s not the U.S. it’s the EU based investors and financial institutions!

NONE of the media in Europe talks about this. And neither do the EU basals on Brussels. But it would be the biggest self harm ever in the EU and it would pose a significant threat to the stability of many investors and financial institutions within the EU if the EU made this stupid move.

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