Blocs financial aid free#

dream envisions a Chinese version of Boris Yeltsin replacing the nation’s Communist Party leadership and selling off its public domain to the highest bidder – presumably after a monetary crisis wipes out domestic purchasing power much as occurred in post-Soviet Russia, leaving the international financial community as buyers. policy makes threats of sanctions and covert meddling in foreign politics. Having less and less to offer in the form of mutual economic gains, U.S. drive to retain its unipolar power to impose “America First” financial, trade and military policies on the world involves an inherent hostility toward all countries seeking to follow their own national interests. Debt service and rent would become the major overhead costs for families, industry and governments. Hitherto public infrastructure services would be privatized and priced high enough to include profits (and indeed, monopoly rents), debt financing and management fees rather than being publicly subsidized. Board meetings for the new oligarchy would be held at Davos’s World Economic Forum. Economic planning would shift from political capitals to financial centers, from Washington to Wall Street, with satellites in the City of London, the Paris Bourse, Frankfurt and Tokyo. There would be little need for politics in such a world. The evangelistic aim is to financialize and privatize economies by shifting planning away from national governments to a cosmopolitan financial sector.

The United States views its economic interest to lie in seeking to spread its neoliberal ideology globally. Making its mixed economy lower-cost is called “market manipulation,” as if that is a bad thing that was not done by the United States, Germany and every other industrial nation during their economic takeoff in the 19th and early 20th century.Ĭlausewitz popularized the axiom that war is an extension of national interests – mainly economic. China is deemed autocratic for providing basic needs at subsidized prices instead of charging whatever the market can bear. The alternative is what President Biden calls autocracy, a hostile label for governments strong enough to block a global rent-seeking oligarchy from taking control.

What is euphemized as U.S.-style democracy is a financial oligarchy privatizing basic infrastructure, health and education.

Arming a proxy Ukrainian regime is merely an opening move in turning Cold War 2 (and potentially/or indeed World War III) into a fight to divide the world into allies and enemies with regard to whether governments or the financial sector will plan the world economy and society. officials acknowledge that resolving this fight will take a number of decades to play out. For the first time since the Bandung Conference of Non-Aligned Nations in 1955, a critical mass is able to be mutually self-sufficient to start the process of achieving independence from Dollar Diplomacy.Ĭonfronted with China’s industrial prosperity based on self-financed public investment in socialized markets, U.S. But the effect of American diplomacy has been to drive Russia and China together, joining with Iran, India and other allies. Naming China as America’s main long-term adversary, the Biden Administration’s plan was to split Russia away from China and then cripple China’s own military and economic viability. control over their trade and investment policy.

Blocs financial aid free#

Visit and follow us on Instagram, Twitter and Facebook. Feel free to repost and share widely Global Research articles.Īs in a Greek tragedy whose protagonist brings about precisely the fate that he has sought to avoid, the US/NATO confrontation with Russia in Ukraine is achieving just the opposite of America’s aim of preventing China, Russia and their allies from acting independently of U.S. To receive Global Research’s Daily Newsletter (selected articles), click here. All Global Research articles can be read in 51 languages by activating the “Translate Website” drop down menu on the top banner of our home page (Desktop version).